Air Freight News
CMA CGM PSS for Reefer Cargo from Ukraine, Romania, Russia (Black Sea), Georgia & Bulgaria
CMA CGM Group announced the following Peak Season Surcharge effective April 21st, 2021 (date of loading in the origin ports) until May 31st, 2021
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Boeing Grounds Dozens of 737 Max Jets Months After Return
Boeing Co. grounded dozens of 737 Max aircraft to repair a new electrical issue that emerged just months after the jets were cleared to return…
Taiwan’s Exports Up for Ninth Straight Month on Chip Demand
Taiwan continued to benefit from global demand for its electronics goods, with exports rising for a ninth straight month in March.
U.S. Blacklists Seven Chinese Supercomputing Firms
The U.S. added seven Chinese supercomputing firms to a list of entities banned from receiving exports from American companies, citing activities contrary to the national-security…
Airbus Speeds Jet Handovers in March for Year’s Best Month
Airbus SE handed over 72 aircraft last month, stepping up deliveries even as coronavirus flare-ups delayed a recovery in air travel.
Top India Bank Drags Its Feet on Billionaire Adani Coal Loan
India’s largest bank hasn’t decided whether to help finance an Australian coal mine following mounting pressure from climate activists and investors, including BlackRock Inc.
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100 Days of Brexit: Was It as Bad as ‘Project Fear’ Warned?
The warnings were stark. A vote to leave the European Union, the British government said, would trigger an immediate recession, a painful fall in house…
Rusal Sees Record U.S. Aluminum Shipments Ahead on Buying Frenzy
United Co. Rusal booked a record month for both U.S. and North American shipments in March, and the region’s top executive doesn’t expect the pace…
China’s Record Surge of Defaults Driven by Property Developers
Property developers are propelling a record wave of China corporate bond defaults this year, as Beijing moves to clamp down on borrowing in the debt-laded…
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Ocean-Shipping Demand Staying ‘Very Strong,’ Hapag CEO Says
Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling…