Air Freight News
Goldman says Russia conflict could curb gas flows indefinitely
Russian natural gas flows to Europe could be curtailed for “an indefinite period” if the nation’s new pipeline project to Germany is hit by sanctions…
UAE grounds private drones after deadly attack on Abu Dhabi
The United Arab Emirates grounded private drones and light sports aircraft for a month, days after Yemen’s Houthi rebels struck the oil-rich nation’s capital.
India’s addiction to cooking oil imports seen lasting for years
Indians will probably buy expensive cooking oils from overseas for at least another 15 years, as demand continues to far outpace domestic production.
Iraq’s oil exports to stay steady this month, rise in February
Iraq said its oil exports would stay steady this month and rise slightly in February.
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China shipping giant pays big bonuses in freight boom
Asian shipping companies are offering mega bonuses to employees amid a boom in freight rates, with China’s state-owned giant Cosco Shipping Holdings Co. doling out…
Trucking and heating costs to rise as diesel fuel hits a seven-year high
Trucking goods across the U.S. is getting more costly as retail diesel prices rise to a seven-year high.
US and Japan pledge quick resolution on difficult tariff talks
U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida pledged to seek a swift resolution to continuing talks over trade and tariffs while pushing…
South Africa’s big power users want more predictable tariffs
A group representing the biggest electricity consumers in South Africa, including Anglo American Plc and Glencore Plc, appealed for more predictable power-price increases.
Biden officials talking to Qatar about supplying gas to Europe
Biden administration officials have been talking with Qatar about possibly supplying Europe with liquefied natural gas if a Russian invasion of Ukraine leads to shortages,…
Lufthansa may take 40% stake in ITA Airways: Foglio
Deutsche Lufthansa AG may seek a 40% stake in Alitalia’s successor ITA Airways, Italian newspaper Il Foglio reported, citing unnamed sources.