Air Freight News
East Coast Warehouse & Distribution names Daly Chief Commercial Officer
East Coast Warehouse & Distribution, a leading temperature-controlled logistics provider to the food and beverage industry located on the Port of New York/New Jersey and…
OOCL Trans-Pacific Trade (East Bound) – Emergency Intermodal Surcharge (EIS)
In view of ongoing congestion at various US West Coast Ports, this is to advise that effective from January 1, 2021, OOCL will implement an…
Pound jumps as traders look for endgame to U.K.-EU trade talks
The pound rallied the most in more than a week, as speculation grows British and European officials are getting closer to striking a trade deal.
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Dirty fuel demand jumps with more pollution kits on ships
An increase in vessels being fitted with pollution-reducing kits and unusually strong demand for container shipping is providing a boost to the dirtiest marine fuel.
EU leaders plan appeal to Biden to rebuild Transatlantic ties
The European Union plans a sweeping proposal for transatlantic cooperation to U.S. President-elect Joe Biden in a bid to repair relations soured by Donald Trump.
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US should boost demands on China as threats grow, panel says
The U.S. should increase its demands of China to include equal access for companies and media, enact stricter monitoring of Beijing’s actions at the UN…
Brexit talks tricky but should end soon, Von Der Leyen says
Trade talks between the U.K. and European Union are “so tricky and so difficult” but there could be a positive outcome in the next few…
Bold traders betting on Brexit rebound see payday in sight
Brexit has made the U.K. uninvestable to many, but from his vantage point in Philadelphia, Britain and its laggard markets have rarely looked better to…
BMW and SAP join forces to build German auto data alliance
Germany’s biggest industrial and technology firms formed a data-sharing alliance with carmakers as Europe’s biggest economy fights to recover ground lost to U.S. and Chinese…
Boeing signs $5 billion vendor funding deal with Castlelake
Investment firm Castlelake LP signed an agreement with Boeing Co. to provide as much as $5 billion of financing to airlines and other companies looking…