Air Freight News
Turkey posts record trade gap in August fueled by energy and gold
Turkey’s trade deficit widened to a record in August, driven by high energy costs and an increase in imports of precious metals.
Taiwan warns exports will struggle in rest of 2022 as demand slows
Taiwan’s exports are expected to slow to a crawl through the end of the year, according to Finance Minister Su Jain-rong, as waning global demand…
Hyundai considers speeding up building new US factory for electric cars
Hyundai Motor Group is contemplating building its first electric-vehicle plant several months earlier than scheduled amid disputes over a new US clean energy law, according…
South Korea Slashes Chip Production for First Time in Over Four Years
South Korea’s semiconductor output fell for the first time in more than four years in a sign chipmakers are bracing for a slowdown in global…
Export ban triples nickel investment in Indonesia’s Morowali
Indonesia’s nickel investment is set to triple in one of the country’s biggest industrial parks, following a 2019 ban on raw ore exports that President…
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Drought pushes Mississippi River grain shipping rate to a record
American farmers face yet another supply-chain headache just as harvest season moves into high gear: Not enough barges on a shrinking Mississippi River.
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Drought-hit Mississippi River puts US farm trade flow at risk
American farmers are facing yet another supply-chain headache just as harvest season gets into high gear: A shrinking Mississippi River.
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LA’s Seroka urges calm on ILWU/PMA talks
Eugene Seroka, executive director Port of Los Angeles, remains hopeful that the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) will…
Ian disrupts supply chains from sea to land as it regains force
Major ports and rail facilities across the US Southeast have halted operations as one of the strongest hurricanes to ever hit the country heads north,…
JetBlue-American alliance gives larger airline control at JFK, Spirit says
An American Airlines Group Inc. alliance with JetBlue Airways Corp. has placed the majority of flights by US carriers at New York’s primary airports into…