Tag: fuel

US targets Mexican cartel’s cross-border fuel smuggling operation

The U.S. Department of the Treasury sanctioned two Mexican nationals and nine companies on Tuesday accused of helping the...

U.S. Food Distributors Adding Fuel Surcharges

Fuel surcharges are being added by food distributors in the U.S. because of the rise in costs of shipping...

Delta Sees $2B Fuel Hit With CEO Cautious on Outlook

Delta Air Lines Inc. expects to incur more than $2 billion in higher fuel costs through June because of...

IEA Warns European Flights May Be Cancelled Due to Fuel Shortage

The executive director of the International Energy Agency Fatih Birol warned on April 16 of possible flight cancellations “soon”...

Fuel Prices: Why They Soar Up Like a Rocket, Fall Like a Feather | Supply Chain Economics

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Lufthansa Cuts 20K Flights to Save Jet Fuel

The German airline Lufthansa Group said April 21 it would cut 20,000 flights over the next six months to...

California’s Jet Fuel Stock at Three-Year Low

The state of California’s jet fuel stock has dropped to just over 2.6 million barrels as of 17 April,...

EU to Say Airlines Can Use U.S. Jet Fuel Amid Hormuz Block

The European Union is set to confirm that the continent’s airlines can burn a type of jet fuel that’s...

‘Russian rail border closures motivated by politics, economy and fuel’

On 1 July, Russia closed seven rail border crossings with Estonia, Latvia and Finland. The sudden move is underpinned...