Air Freight News
Top South Africa coal miner extends rally as EU eyes Russia ban
Thungela Resources Ltd., South Africa’s largest exporter of coal burned in power stations, extended its share-price rally after a report that the European Union is…
European coal jumps as EU eyes sanctions on Russian imports
European coal futures climbed to a three-week high, buoyed by European Union plans for a phaseout of Russian coal imports in response to the country’s…
Virgin Atlantic narrows loss, sees return to profit next year
Virgin Atlantic Airways Ltd. narrowed its full-year loss and said the shortfall will shrink further in 2022 as coronavirus concerns fade and travel to the…
Brazil’s sky-high interest rates fuel world’s best carry trade
The Brazilian real’s rally is gaining steam as soaring prices for its commodity exports and one of the world’s highest interest rates fuel a lucrative…
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Key Reasons Why Businesses Should Transition To Electric Vehicles
15% of small and medium-sized U.S. businesses have either leased or purchased electric vehicles for commercial use, a new HSB poll reveals. Since they’re affordable…
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US supply-chain pressures soar to a record, index shows
A measure of U.S. supply-chain pressures rose to a record, adding to already stiff inflationary headwinds from logistics amid dwindling warehouse space and unprecedented inventory…
Fresh coal crisis looms in India as top miner adds new curbs
A coal supply crisis is brewing in India for a second year.
Oil extends surge on specter of fresh sanctions against Russia
Oil advanced for a second day as the U.S. and Europe prepared to impose a fresh wave of sanctions on Russia for alleged atrocities committed…
Gloom in transports sends smoke signal for US stocks
The latest warning sign for U.S. stocks is emerging from a corner of the market that investors closely watch to get a read on the…
Peru deploys army to control violent protests disrupting exports
Peru deployed the armed forces to control violent protests against inflation that have intensified since last week, causing clashes with police, temporary food shortages in…