Air Freight News
Transitioning to clean energy using AI could save $1.3 trillion over 30 years
Intelligent clean energy delivery is projected to create huge infrastructure investment savings
rueCommerce achieves substantial growth in 2021
Company expansion and investments fuel 40% growth in global customer base and 24% growth in network trading partners
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More than a thousand Seafarers stranded on ships near Ukraine
About 140 ships have been trapped off the coast of Ukraine, putting more than a thousand seafarers in harm’s way.
Energy hedge fund eyes $200 oil on potential Russia export ban
The prospect of restrictions on Russian energy exports could send oil prices above $200 per barrel, according to Westbeck Capital Management.
Invasion fallout frays supply chains anew in inflation shock
Supply chains that rattled the global economy through the pandemic are unleashing another shock as efforts to choke off trade with Russia strain resources ranging…
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Commodities’ historic week sends shock waves around the world
Commodities are wrapping up a historic week as Russia’s invasion of Ukraine roils markets, with foodstuffs soaring, metals setting records, and oil in the throes…
Thai inflation surges to highest since 2008 on fuel, food costs
Thailand’s retail inflation accelerated at the fastest pace since 2008 as the net oil importer struggled to cope with rising energy and fresh food costs,…
China-backed development banks halt Russia loans amid sanctions
The China-backed Asian Infrastructure Investment Bank halted all businesses with Russia and Belarus amid rising geopolitical tensions, a sign of Beijing’s cautious approach to financial…
Swatch group halts exports to Russia but keeps stores open
Swatch Group AG is halting exports to Russia but will keep its stores open to continue selling Omega, Longines and Tissot watches to Russian customers.
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American farmers are set to plant more corn as war in Ukraine threatens supply
American farmers are set to plant more corn than last year, thanks in part to price increases caused by Russia’s attack on Ukraine, according to…