Air Freight News
MSC BRQ to USWC/IPIs update
The effective date of the revised BRQ levels for Q3 to USWC and IPIs has been postponed to July 9th. New BRQ levels to USEC…
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Pay-as-You-Go Surprise: GOP Backs Road Fees While Democrats Balk
The debate over how to pay for the nation’s roads, bridges and transit systems is leading some normally anti-tax Republicans to embrace higher levies on…
Europe Seeks ‘Rebalance’ of China Economic Ties: G-7 Update
Prime Minister Boris Johnson will give leaders a beachside welcome, formally kicking off three days of summitry along the English coast after meeting U.S. President…
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China asserts broad power to seize assets in anti-sanctions law
China asserted sweeping powers to seize assets and block business transactions in a new law intended to allow President Xi Jinping to hit back against…
Global oil demand to hit pre-virus level next year, IEA says
Global oil demand will recover to pre-pandemic levels late next year, the International Energy Agency predicted, urging OPEC and its allies to keep markets balanced…
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South Africa sells state airline to private-equity venture
South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm, ridding the government…
Ireland’s Donohoe says deal can be made on Brexit protocol
The U.K. and EU can still reach an accord on the Brexit deal’s Northern Ireland protocol, Ireland’s finance minister said.
China is racing to build coal storage capacity as prices soar
China’s authorities are accelerating efforts to build infrastructure to store reserves of coal after southern cities endured a new power crunch and with prices of…
U.K. economic growth accelerated in April as lockdown eased
The U.K. economy gathered momentum in April as shops, hairdressers and restaurants serving outdoors re-opened for business after months of lockdown to fight the coronavirus.Gross…
Anglo’s coal retreat may boost South African fossil-fuel output
Under pressure from investors and environmentalists, Anglo American Plc exited its South African coal business this week, but the spinoff could have an unforeseen outcome:…