Air Freight News
RWE teams up with Greater New Orleans, Inc. to develop Louisiana offshore wind supply chain
German RWE Renewables, one of the top global companies in offshore wind, will collaborate with Greater New Orleans, Inc. (GNO, Inc.) and the GNOwind Alliance…
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Fitch affirms JAXPORT’s ‘A’ credit rating on revenue bonds
Fitch Ratings recently affirmed its ‘A’ rating on JAXPORT’s $44.3 million in outstanding revenue bonds, issuing the port a stable rating outlook.
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US weighs suspending tariffs on Ukrainian steel imports
The Biden administration is considering suspending tariffs on Ukrainian steel imports, people familiar with the matter said, a mostly symbolic show of support for the…
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Corn prices swing with ‘struggling’ Brazilian crops in spotlight
Corn in Chicago once again touched the highest level since 2012 as war in Ukraine chokes supplies and adverse weather threatens crops in the Americas.
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The messy irony behind Indonesia’s move to ban palm oil exports
Indonesia, which ships about a third of the world’s edible oil cargoes, has just imposed a sweeping ban on palm oil exports to protect its…
Huawei’s profit dives 67% after US sanctions wallop phone arm
Huawei Technologies Co. profit fell about 67% in the first quarter as the Chinese telecom-equipment giant continued to battle crippling U.S. trade and investment sanctions.
Biggest US gas driller eyes investing in exports as war in Ukraine roils supply
EQT Corp. is considering equity investments in U.S. liquefied natural gas export terminals as part of the shale driller’s efforts to capitalize on the booming…
AxleHire expands Tech-Forward, last mile delivery services into Washington D.C. and Baltimore
AxleHire’s expansion into the D.C./Baltimore region marks its sixteenth major metro area to date
Port of Halifax working to reduce emissions
The Halifax Port Authority (HPA) is taking steps to reduce vessel emissions. On April 1, 2022, the HPA joined the World Port Climate Initiative (WPCI)…
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Corn extends rally to decade high as supply in ‘perilous’ state
Corn extended its rally to the highest since 2012 in Chicago as the war in Ukraine chokes supplies and adverse weather threatens crops in the…