Air Freight News
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Utah Inland Port Authority hires Environmental Engineer Smith
Mona Smith has joined the Utah Inland Port Authority (UIPA) as an environmental engineer to support the port’s environmental compliance program. She will help implement…
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Nickel market eyes fate of Siberian metal as sanctions bite
The biggest risk in battery materials from Russia’s increasing economic isolation centers on supplies of top-notch Arctic nickel controlled by the country’s richest man.
Canada nixes Russia trade status, sanctions Rosneft and Gazprom
Canada is ratcheting up sanctions on Russia in response to the invasion of Ukraine in coordination with Western allies, unveiling new restrictions on energy companies…
Cloudleaf announces $26 million in new investment and rebrand to ParkourSC
Cloudleaf, Inc., a real-time supply chain operations platform, today announced a strategic company rebrand to ParkourSC, highlighting the need for innovation, agility, flexibility, and speed…
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Foreign aircraft owners risk billions of losses in Russia
Foreign aircraft lessors are facing the increasing possibility of writeoffs that could total in the billions of dollars as Russia considers ways to defy worldwide…
European gas futures swing wildly as market faces war volatility
European natural gas prices roared to a record before slumping just as quickly, as the market faced extreme volatility amid the war in Ukraine.
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Alcoa halts business with Russia as Ukraine invasion advances
Alcoa Corp., the largest U.S. aluminum producer, said it will stop selling products to Russian companies and halt raw-material purchases from the country in response…
ICTSI 2021 net income up 321% to US$428.57M; recurring net income 57% higher at US$442.83M
• Throughput increased 10% to 11.16 million TEUs • Revenues grew 24% to US$1.87 billion • EBITDA 30% higher at US$1.14 billion
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Fertilizer maker Nutrien asks Canada to halt rail strike
Nutrien, the world’s biggest crop-nutrient producer, said it wants the Canadian government to stop a strike at one of the nation’s largest railways, because the…
Russia’s toxic oil sends tanker rates to ship it into a frenzy
For clues on how toxic Russian oil has become, look no further than the trade for tankers that export it.