Air Freight News
China doubles Yuan trading band for ruble after record move
China will double the yuan trading band for the ruble amid signs of distressed liquidity as banks back away from making markets.
US weighs sanctions on Russian uranium supplier Rosatom
The Biden administration is considering imposing sanctions on Russia’s state-owned atomic energy company, Rosatom Corp., a major supplier of fuel and technology to power plants…
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Oil from Venezuela and Iran would be banned under new Rubio bill
Future U.S. imports of oil from Venezuela and Iran would be banned under legislation being introduced this week by Senator Marco Rubio, a Florida Republican…
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Wheat prices plunge in Chicago with global stockpiles rising
Wheat markets remained locked limit down after a key U.S. report forecast bigger ending stockpiles even as the Ukraine war disrupts supplies out of the…
It’s a bad time to find new Federal Aviation Administration boss
The U.S. Federal Aviation Administration is in one of the most demanding periods in its history as it grapples with controversial new 5G mobile phone…
U.K. seeks to exploit shale gas and wind to curb Russian imports
The U.K. government is seeking to exploit all forms of domestic energy production, including industries such as onshore wind and fracking that have previously faced…
Europe is on a wartime mission to ditch Russian oil and gas
Putin’s invasion of Ukraine will drive the continent back towards coal in the short term, but there could be warp-speed deployment of green energy this…
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Port of Boston attracts new SE Asia service
ZIM will connect Boston to China and Vietnam, allowing New England businesses to further compete in the global marketplace
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Transportation and AI applications are vital in transitioning to clean energy, saving $1.3 trillion
Intelligent clean energy delivery is projected to create huge investment savings
NEXT Trucking’s pilot reduces friction and speeds up containers through drayage
The program is part of the company’s strategy to deploy technology pragmatically while establishing collaborative partnerships with terminal operators, shipping lines, trucking companies, chassis providers,…