Air Freight News
China plane crash update: search continues for second black box
The search for the flight data recorder of the crashed China Eastern Airlines Corp. jet continued Friday, as authorities try to piece together what caused…
Russian stocks give up gains in second day of limited trading
Russian equities erased earlier advance and fell during the second day of limited trading after a record long shutdown of the country’s stock market.
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U.S. strikes deal to help Europe replace Russian gas imports
A political deal between President Joe Biden and the European Union will pave the way for additional imports of liquefied natural gas from the U.S.…
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China’s worsening virus threatens commodities supply and demand
Almost 80% of the Chinese economy has been affected in some way by the worst outbreak of Covid-19 in two years, straining the supply of…
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Shanghai nickel jumps to record with China import window closing
Nickel rose to an intraday record in Shanghai after another spike in London put imports out of reach for many Chinese buyers.
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The U.S. dollar’s dominance is being stealthily eroded
The dollar’s share of global reserve currencies has been in steady decline over the past 20 years as central banks turn to nontraditional currencies, including…
Canada will boost oil exports as world shuns Russian supply
Canada will increase oil and gas exports by the equivalent of 300,000 barrels a day to help nations that are trying to shift away from…
Air crash disaster risks an even wider rift for Boeing and China
Determining why a Boeing Co. passenger jet flown by China Eastern Airlines Corp. plummeted to the ground from 29,000 feet (8,840 meters) is a thorny…
Putin’s war risks more global hunger, destabilizing poor nations
President Joe Biden and the leaders of top U.S. allies are exploring how to keep Russia’s invasion of Ukraine from causing a spike in global…
Petroecuador declares force Majeure on desiel delivery
Ecuador’s state oil company EP Petroecuador declared force majeure on two cargoes of Russian diesel after banks declined to provide financing to pay for them…