Air Freight News
Texas Governor touts American ‘freedom fuel’ as prices spike
Texas Governor Greg Abbott scolded the Biden administration for entreating Iran and other foreign oil producers to increase supplies in the face of surging energy…
Trip for thousands cut short after luxury cruise ship ran aground
Thousands of passengers on a Norwegian Cruise Line Holdings Ltd. luxury liner that ran aground while trying to leave a port in the Dominican Republic…
Ukraine war boosts Brazil’s case for lifting US steel limits
Brazilian steel mills see trade disruptions spurred by Russia’s invasion of Ukraine as motivation for the U.S. to lift restrictions on imports of the alloy.
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Japan’s export gains mask signs of ongoing supply chain impact
Japan’s exports continued to show the effects of supply chain snarls as gains from year-earlier levels masked signs of weakness that could drag on an…
US says WTO vaccine talks have resulted in compromise outcome
World Trade Organization members have arrived at a compromise on intellectual property rules for Covid-19 vaccines, the Biden administration said.
Japan reveals details of chip, machine-tool ban on Russia
Japan announced details of its export ban on semiconductors, machinery and materials against Russia, as it stays in line with U.S. and EU sanctions intended…
Mercedes prepares for gas shortages in Europe during the fall
Mercedes-Benz AG is readying plans ahead of looming gas shortages in Europe after Russia’s invasion of Ukraine sparked concerns over security of supply.
Russia pressures metals producers to keep domestic prices low
Russia is in talks with metals companies to set prices for domestic clients below market rates for some period, three people familiar with situation said,…
Philippines plans to drop food import taxes to ease inflation
The Philippines plans to cut taxes on food imports to curb broad price pressures, Finance Secretary Carlos Dominguez said Wednesday.
With Russia closed, Kazakh airline faces long slog to Europe
Kazakhstan’s Air Astana pledged to stick with expansion plans despite suffering extreme disruption to its routes and travel times following the invasion of Ukraine.