Air Freight News
UPS drops most in seven months as margin outlook falls short
United Parcel Service Inc. tumbled the most in seven months after the courier’s profit-margin outlook disappointed investors who had hoped that a persistent e-commerce boom…
Australia to seek WTO resolution on China wine-tariff dispute
Australian Prime Minister Scott Morrison said his government is seeking to take World Trade Organization action to resolve its wine-tariff trade dispute with China.
Biden needs more than $52 billion to counter China in chips
President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but…
More than 30 US trade associations request termination of 232 Steel Tariffs, adding to momentum to end Trump-era trade barriers
As President Biden heads to Europe for discussion with trade allies, 33 U.S. trade associations representing a wide range of sectors--from manufacturing and agriculture to…
Kalmar enters into strategic cooperation with Sichuan Port and Shipping Investment Group in China
Kalmar, part of Cargotec, has led the delegation to the signing ceremony of the Strategic Cooperation Agreement between Sichuan Port and Shipping Investment Group (SPSI)…
CMA CGM FAK rates - From Latin America to North Europe
CMA CGM Freight All Kinds (FAK) rates as follows as from July 1st, 2021 (date of loading in the origin ports) until further notice but…
time:matters significantly expands Sameday Air service between Europe and USA via Paris
• Increased network density between Paris and ten US Sameday Air stations • Over 30 additional direct flights per week • Guaranteed dispatch of time-critical…
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Novel propulsion arrangement by Wärtsilä and RINA can deliver immediate benefits
• Single engine needed for both propulsion and electric power • Ship design EEDI value can be lowered by up to 50 percent • Immediate…
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Strategic Marine delivers pair of 27m crew transfer vessels to WEM Marine Ltd
Strategic Marine (S) Pte Ltd, a leading Singapore based shipbuilder and part of Strategic Marine Holdings Pte Ltd, today successfully delivered a pair of 27m…
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Ørsted joins Norwegian offshore wind consortium with Fred. Olsen Renewables and Hafslund Eco
Ørsted joins consortium with Fred. Olsen Renewables and Hafslund Eco establishing a long-term partnership to develop offshore wind in Norway and to compete in Norway's…