Air Freight News
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Global installed offshore wind capacity to see 37% growth in 2021, fueled by China
Despite the Covid-19 pandemic, the world’s installed offshore wind capacity rose by 15% in 2020, reaching 31.9 gigawatts (GW) at year-end, from 27.7 GW at…
EU lawmakers set to urge market-linked levy on imported carbon
The European Parliament’s environment committee is calling for a swift introduction of a penalty on emissions brought into the region as it intensifies the fight…
Oil wavers with stronger dollar sapping supply-driven rally
Oil erased gains as a stronger dollar weighed on a rally that technical gauges suggest is due to fade.
Rystad Energy’s take from our Head of Oil Markets Bjornar Tonhaugen
Today’s OPEC+ meeting could be paving the way for a gradual production ramp-up from April onwards, the details of which the OPEC+ group will likely…
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UPS gives old jets new life in CEO’s push to ‘sweat the assets’
Imagine ripping out the dashboard of your 20-year-old minivan and replacing it with the high-tech controls from a Tesla.
Daimler goes bold in biggest shake-up since Chrysler sale
Daimler AG’s Ola Kallenius is making a dramatic move to win over investors who have knocked the manufacturer for keeping its luxury-car and commercial-vehicle operations…
Johannesburg’s first gas-fired ower plants planned by Harith
Harith General Partners, which funds infrastructure development across Africa, is pushing ahead with plans to build the first gas-fired power plants in South Africa’s industrial…
Biden commerce pick sees ‘no reason’ to lift Huawei curbs
President Joe Biden’s nominee for Commerce secretary Gina Raimondo said she knows of “no reason” why Huawei Technologies Co., ZTE Corp. and other Chinese companies…
Freight-cost pain intensifies as pandemic rocks ocean shipping
Soaring freight rates and delivery delays have sparked a global backlash by companies frustrated about the destructive mix of deteriorating service and higher ocean shipping…
Solar firms eye supply tracing as China forced labor debated
Some of the world’s biggest solar companies pledged to oppose forced labor in their supply chains as concerns mount about the sector’s reliance on China’s…