2 tankers fill up with Russian oil after 45-day US countdown begins
After oil companies were given a 45-day window by the Biden administration on Tuesday to phase out existing contracts for Russian oil, at least two tankers were loaded with Russian oil and departed for U.S. destinations, according to information obtained by American Shipper.
Ukraine crisis, rising fuel costs drive up air cargo surcharges
Air cargo carriers are implementing higher surcharges for flights operating in Europe and Asia as the price of jet fuel climbs and carriers avoid Russia and Ukraine’s airspace.
February another record-busting month for SC Ports
February was the 12th straight month that South Carolina ports hit a monthly record for container volumes.