Air Freight News
Fuels of the future series - Ammonia as a maritime fuel
Ammonia is poised to both play an important part in the decarbonization of maritime transportation and offer transition options for achieving zero-emission transportation.
[Freightos Weekly Update] Shanghai lockdown continues, but some optimism about recovery
Key insights: 1 Air and ocean volumes out of Shanghai continue to be impacted by the drop in manufacturing and available trucking. When possible, exports…
China cuts coal import tariffs to zero to increase supply
China will cut import tariffs for coal to zero from May to the end of March to help guarantee energy supplies, the Ministry of Finance…
Wizz Air extends halt to Ukraine, Russia flights through October
Wizz Air Holdings Plc extended its cancellation of flights to Ukraine and Russia through the end of October as the war started by Vladimir Putin…
Southwest Air says pop in business travel to help fuel 2022 profit
Southwest Airlines Co. expects a rebound in domestic travel to carry into the summer, joining rivals predicting that consumers will shrug off worries about coronavirus…
KKR seeks to take Hitachi Transport private in $5.2 billion deal
KKR & Co. unveiled a tender offer to take Hitachi Transport System Ltd. private in a deal valued at about 670 billion yen ($5.2 billion).
U.K. delays planned import controls on EU goods until 2023
The U.K. will delay the introduction of planned checks on imports from the European Union until the end of next year, its latest attempt to…
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Port of Redwood City’s Zortman hails annual dredging agreement with Army Corps
The Port of Redwood City’s success in persuading the U.S. Army Corps of Engineers (USACE) to provide annual dredging of the port’s ship channel will…
Hong Kong has surprise export drop as China locks down
Hong Kong’s exports plunged in March by the most since January 2020 as Covid restrictions in China weighed on the flow of goods.
Southern sees solar project delays caused by US tariff probe
Southern Co.’s Georgia Power has seen about 1 gigawatt of solar projects built by third parties delayed a year in part because of the U.S.…