Air Freight News
OPEC+ makes modest supply hike as Russia turmoil lifts price
OPEC and its allies agreed another modest revival in supplies for April at a low-key meeting that was overshadowed by the market turmoil unleashed by…
Ryanair, Wizz join Ukraine relief push with aid, refugee flights
Ryanair Holdings Plc said it will help airlift medical supplies bound for Ukraine, while fellow discounter Wizz Air Holdings Plc has offered 100,000 free tickets…
Ryanair says fuel hedging to help it ride out Ukraine impact
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said fuel hedging and cost curbs will give his company an edge over rivals this summer as…
Commodities jump most since 2009 as Ukraine war threatens supply
Commodity prices soared the most since 2009 as Russia’s invasion of Ukraine threatens key supplies of energy, crops and metals that were already tight as…
Latin America not suited to pump more amid $100 oil, Russia risk
Output across the region is set to barely budge this year.
Oil industry stirs blowback after weaving war into US lobbying
The U.S oil and gas industry is seizing on the market turmoil sparked by Russia’s invasion of Ukraine to demand the Biden administration take steps…
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One of last remaining Phoenix infill parcels welcomes industrial development
ViaWest Group and Stevens-Leinweber Construction begin development on Airport 48, offering highly sought-after mid-
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Etihad Airways loss narrows as Covid curbs ebb and freight demand soars
Etihad Airways said passenger numbers could hit pre-pandemic levels by 2023, after the reopening of global borders helped the Gulf carrier post a fourth-quarter profit.
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Burnt-out ship carrying Porsches and Lamborghinis sinks in rough seas
The cargo ship that caught fire in the Atlantic while transporting roughly 4,000 Volkswagen AG vehicles to the U.S. has sunk despite efforts to tow…
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Maersk logistics chief sees bumpy West Coast labor process ahead
Contract-renewal talks for about 15,000 workers at the U.S.’s busiest ports on the West Coast are going to be a “bumpy process” amid the protracted…