Air Freight News
White House proposes supplemental assistance to Congress, including Ag provisions
President Joe Biden is proposing $33 billion in emergency FY22 supplemental funding to provide additional assistance to Ukraine in its war with Russia and address…
Click to Read More
Port of Long Beach boosts rail capacity with new project
Train access, cargo movement improves with completed double track
MSC PSS and EBS from Indian Sub-Continent to USA effective May 1st, 2022
MSC Mediterranean Shipping Company (USA) Inc. has filed and will implement an adjustment to the below PSS with the following quantum and effective date for…
Recession threat hangs over Europe’s fragile economic growth
The euro zone’s recovery from the pandemic is already showing signs of flagging even before it meets the economic storm clouds heading its way.
U.K. in talks with former Tesco boss about Morocco power imports
Xlinks, a power company co-founded by former Tesco Plc boss Dave Lewis, is in talks with the British government over a project to import electricity…
Click to Read More
Euro zone barely grows as Germany dodges recession
Economic expansion in the eurozone began 2022 on a weak footing—underscoring the damage from soaring energy costs and worsening supply snarls following Russia’s invasion of…
EasyJet exits leases on Russia owned jets in sanctions hitch
EasyJet Plc terminated rental contracts on six Airbus SE jets owned by a Russian state leasing company in a rare example of sanctions depriving a…
Taiwan upgraded to the brink of AAA by S&P amid export strength
S&P Global Ratings upgraded Taiwan by one notch to just below its top grade, as exports remain strong and relations with China aren’t expected to…
Ukraine latest: Germany says won’t block a Russian oil embargo
Vice Chancellor Robert Habeck said Germany won’t block a possible oil embargo by the European Union against Moscow and the country could handle a complete…
Danish pop-up terminal bustles as war bogs down global trade
In the Danish harbor town of Kalundborg, a storage yard for shipping containers that opened last year has quickly become among the Nordic country’s busiest…