Air Freight News
European airlines dragging feet on carbon curbs, group says
Europe’s biggest airlines are seeking to deflect moves to tighten carbon curbs by favoring an increasingly discredited offsetting program, according to climate watchdog InfluenceMap.
China approves legislation to hit back against US sanctions
Chinese lawmakers approved legislation aimed at giving the country more tools to counter U.S. sanctions in their intensifying rivalry.
World food import bill set to reach record amid soaring costs
The world’s food-import bill is expected to climb to an all-time high this year, with the soaring cost of staples hitting poor nations particularly hard…
Nigeria taps StanChart to replace China loans for rail projects
Nigeria’s government is in talks with Standard Chartered Plc about arranging funding for two rail projects expected to cost as much as $14.4 billion, replacing…
UPS drops most in seven months as margin outlook falls short
United Parcel Service Inc. tumbled the most in seven months after the courier’s profit-margin outlook disappointed investors who had hoped that a persistent e-commerce boom…
Australia to seek WTO resolution on China wine-tariff dispute
Australian Prime Minister Scott Morrison said his government is seeking to take World Trade Organization action to resolve its wine-tariff trade dispute with China.
Biden needs more than $52 billion to counter China in chips
President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but…
More than 30 US trade associations request termination of 232 Steel Tariffs, adding to momentum to end Trump-era trade barriers
As President Biden heads to Europe for discussion with trade allies, 33 U.S. trade associations representing a wide range of sectors--from manufacturing and agriculture to…
Kalmar enters into strategic cooperation with Sichuan Port and Shipping Investment Group in China
Kalmar, part of Cargotec, has led the delegation to the signing ceremony of the Strategic Cooperation Agreement between Sichuan Port and Shipping Investment Group (SPSI)…
CMA CGM FAK rates - From Latin America to North Europe
CMA CGM Freight All Kinds (FAK) rates as follows as from July 1st, 2021 (date of loading in the origin ports) until further notice but…