Air Freight News
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US considers unprecedented sanctions on China tech giant Hikvision
Shares of Hangzhou Hikvision Digital Technology Co. tumbled by as much as 10% as the U.S. considers imposing new sanctions on surveillance-technology giant, potentially the…
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ZeroNorth makes pair of new appointments to strengthen growth ambitions and advance vision to make global trade green
Karl Thorngren joins as ZeroNorth’s Chief Financial Officer and Kenneth Juhls becomes Managing Director of ZeroNorth-owned ClearLynx
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US threat to sanction Hikvision shows China ties near a tipping point
The fate of a Chinese technology giant at risk of unprecedented U.S. sanctions will show whether the Biden administration intends to significantly ramp up tensions…
Qantas buys Alliance in $553 million charter flight deal
Qantas Airways Ltd. agreed to buy the rest of Australia’s Alliance Aviation Services Ltd. in a deal valuing the company at A$763 million ($553 million),…
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World Container Index - May 5th
Drewry’s composite World Container Index decreased by 0.5% to $7,727.84 per 40ft container this week.
Russia’s Novatek struggles to trade Europe gas on Ukraine recoil
Novatek PJSC, Russia’s largest independent natural gas producer, is grappling with a slowdown in business in Europe following the invasion of Ukraine that threatens its…
Russian energy firm Lukoil wants to know who its bondholders are
Russia’s second-biggest oil producer is looking to identify its creditors, as the firm attempts to pick its way through the complex web of new rules…
Wheat returns above $11 on weather woes, potential India curbs
Wheat headed for the first back-to-back advance in three weeks on weather concerns across global growers and as India considers restricting exports.
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US takes first step towards four-year China tariffs review
The Biden administration is taking the first step toward a review of tariffs on more than $300 billion in Chinese imports that’s required to keep…
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Hydrogen is every US gas utility’s favorite hail Mary pass
The lightweight fuel is key to companies’ latest decarbonization plans. Pulling off a transition from gas won’t be easy — or cheap.