Air Freight News
Cyprus Airways chooses FLYR to deploy AI-based revenue management solution
FLYR Labs, the travel industry’s leading innovator in decision intelligence and end-to-end revenue optimization, and Cyprus Airways, the flag carrier of Cyprus, today announced a…
Hydro-Quebec posts record profit with soaring US export sales
Hydro-Quebec posted record profit last year after selling electricity to the US at elevated prices driven up by the European energy crisis and an economic…
Milky Way celebrates 75th anniversary
Bulk milk-hauler has been serving dairies and customers since 1948
[Freightos Weekly Update] Asia - Europe ocean rates continue to fall, with newbuilds arriving soon
Key insights: 1. Transpacific ocean rates were stable last week, but remain 90% lower than a year ago and below 2019 levels. Asia - Europe…
Iraq pivots to yuan for China imports in defense of own currency
Iraq is planning to pay for private-sector imports from China in yuan, injecting foreign currency into the financial system to help ease pressure on the…
UK’s Sunak suggests he’ll seek Brexit treaty change from EU
UK Prime Minister Rishi Sunak suggested a coming deal with the European Union over post-Brexit arrangements in Northern Ireland would involve legal changes to the…
Taiwan cuts 2023 growth outlook on trade, inflation pressures
Taiwan cut its forecast for growth this year as weak exports continue to drag on the economy, while inflation is likely to pick up more…
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Buttigieg bashing over response to Ohio derailment turns bipartisan
President Joe Biden called several officials during his trip to Poland on Tuesday for an update on an Ohio train crash that released toxic chemicals…
China’s binge on Russian oil hits African, South American producers
As China scoops up more and more discounted Russian oil, producers in Africa and South America are losing out.
Philippines to join largest trade pact after Senate approval
The Philippine Senate has approved the country’s participation in the Regional Comprehensive Economic Partnership, the world’s largest trade deal that includes China and Southeast Asian…