Air Freight News
China will take advantage of Russia’s energy dilemma, EU says
The European Union’s top trade official said China will exploit Russia’s need to diversify where it sells its energy, with the bloc set to ban…
Book Your Cargo predicts supply chain breakdown will get worse, contrary to industry hopes
National drayage rate increases 28% since June 2021, according to Book Your Cargo’s Monthly Drayage Index
California gets no break from record diesel prices
Cost of moving goods to rise at busiest US ports.
Boeing reaches out to Singapore Air to discuss 777X delays
Boeing Co. has reached out to Singapore Airlines Ltd. to discuss the U.S. planemaker’s failure to deliver long-delayed 777X aircraft on time, according to the…
Singapore Air eyes overseas hub after being trapped by Covid
Singapore Airlines Ltd. is committing to a strategy of working with international partners and establishing overseas hubs after the pandemic exposed the financial dangers of…
Malaysia reaffirms live chicken export ban in blow to Singapore
Malaysia reiterated that it will halt exports of all live chickens, shutting off prospects that some restaurants in Singapore could still import free-range or premium…
Sri Lanka lifts import curbs to help tackle worsening shortages
Sri Lanka removed restrictions on imports to help ease shortages of everything from food to medicine.
Korea’s exports accelerate, suggesting resilient global demand
South Korea’s exports accelerated in May, suggesting global demand remains resilient in the face of war in Ukraine and a slowing economy in China.
Delta Air raises revenue outlook with full planes, higher fares
Delta Air Lines Inc. said revenue will be higher this quarter than it originally expected as consumers determined to take summer vacations pay higher fares…
Oil rally evaporates after touching the highest since March
Oil’s rally fizzled following a report that OPEC members are exploring the idea of exempting Russia from its oil-production deal, which could open the door…