Air Freight News
China private refiners get less oil-import quota in latest issue
China has awarded its private oil refiners a combined 35.24 million tons of crude oil import quota in the second batch of issuance for 2021,…
US working on more Russia sanctions over Navalny poisoning
The U.S. is preparing additional sanctions against Russia for the poisoning of opposition leader Alexey Navalny, National Security Adviser Jake Sullivan said.
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Latest FAA reform gives workers new way to report safety flaws
Thousands of federal engineers, inspectors and other aviation workers have a new channel through which to report safety concerns without fear of retaliation in an…
Taiwan’s export order slowdown may be sign of easing tech demand
Demand for Taiwan’s semiconductors and other electronic components showed signs of abating in May as growth in overseas orders for technology products slowed.
China trucking startup said to raise $1.6 billion in US IPO
Full Truck Alliance Co., an Uber-like trucking startup, has raised about $1.6 billion after pricing shares in its U.S. initial public offering at the top…
Norwegian Air replaces CEO who was brought in to save carrier
Norwegian Air Shuttle ASA replaced its chief executive officer after exiting insolvency proceedings, as the low-cost airline rebuilds its operations as a regional carrier.
Suez ship case adjourned as Canal company assesses new offer
An Egyptian court adjourned a case over the giant ship that blocked the Suez Canal to allow the waterway’s operator time to assess the latest…
Australia takes China’s wine tariffs to WTO as ties sour
Australia will appeal to the World Trade Organization regarding China’s imposition of anti-dumping duties on the country’s wine, the trade minister announced Saturday, the latest…
In good sign for global economy, Korea exports post early double-digit gains
South Korea’s exports are set to climb by double digits again in June as the global economy shakes off the effects of the pandemic, though…
Dubai Airports capacity to hit 90% of pre-virus levels by autumn
Dubai Airport, the world’s largest by international passenger numbers, expects to recover up to 90% of its pre-pandemic capacity by autumn and will reopen a…