Air Freight News
Podesta heads to China for new round of climate talks
Climate negotiators from the world’s top two greenhouse gas emitters are set to huddle soon in China, with talks aimed at forging progress on cutting…
The world’s coffee mostly comes from two countries. That’s a problem
Coffee from Peru, Thailand and other smaller producers used to be a luxury for dedicated drinkers particular about their morning brew.
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Drewry World Container Index - 29 August
Drewry’s World Container Index decreased 3% to $5,181 per 40ft container this week.
Swedish exports help economy shrink less than forecast
Sweden’s output contracted less than indicated by an initial estimate in the second quarter as the Nordic country’s economy is set to see a recovery…
Remy, Pernod surge as China holds off on tariffs for now
Shares of Remy Cointreau SA and Pernod Ricard SA surged after China said it won’t impose temporary tariffs on brandy from the European Union, at…
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Turkey hosts Gulf nations in $20 billion bid for new trade route
Turkey is hosting transport ministers from Iraq, Qatar and the United Arab Emirates in Istanbul on Thursday to discuss building an estimated $20 billion trade…
Malaysia Air cuts capacity on staff shortages, plane delays
Malaysia Airlines will cut capacity by 20% across its network as the carrier struggles with a shortage of maintenance staff and delayed deliveries of new…
Azul eyes options to rework debt amid Brazil airline deal talks
Brazilian airline Azul SA is weighing options from an equity offering to a Chapter 11 filing to address approaching debt obligations, according to people familiar…
Italy’s record jet fuel sales a sign of Europe’s Covid recovery
Italy’s jet fuel sales last month reached their highest level in at least 22 years, signaling that the European market is returning to solid growth…
Maersk owners offer $840 million for Sweden’s Concentric
The family controlling A.P. Moller-Maersk A/S agreed to buy a Swedish maker of engine products for about 8.59 billion kronor ($840 million), spending some of…