The air cargo market turned negative in March, after a strong February, because of the Ukraine war. Analysts say inflation and lower export orders could signal less shipping activity ahead.
The United States has imported a relatively small share of crude oil from Russia, but U.S. imports of petroleum products from Russia — namely, unfinished oils and fuel oil.
AirBridgeCargo has stopped flying its large Boeing 747 cargo jets because of U.S. and European sanctions on Russia.
Getting Russian aircraft in the air to fly home is like aiding and abetting a criminal, the U.S. says. Penalties will apply.
Fancy a Moscow mule or White Russian? Get ready to change brands.
The knock-on effects from the Ukraine crisis are being felt across the business world, not least in air cargo.
Protecting freedom in Ukraine will require economic sacrifice by many. Air cargo is already feeling the pinch.
The United States is closing its airspace to all Russian aircraft as punishment for invading Ukraine, President Joe Biden said in his State of the Union address to the nation […]
Container lines and tanker owners rapidly and preemptively suspend business with Russia.
Air cargo is facing more headwinds because of the Ukraine crisis, but some industry players could gain business.
