Air Freight News
Global trade is closing the gap with its pre-crisis level
Global trade is staging what the United Nations termed a “fragile recovery,” as economies battered by the pandemic claw their way back to full activity.
Huawei, China firms said to seek curbs on Nvidia’s Arm deal
Chinese technology companies including Huawei Technologies Co. have expressed strong concerns to local regulators about Nvidia Corp.’s proposed acquisition of Arm Ltd., people familiar with…
Korea’s exports recovery continues behind holiday-linked fall
South Korea’s early trade data showed exports falling in October driven by fewer working days, while daily average shipments continued to recover on resilient tech…
WTO race hits key stage with U.S., EU divided on two finalists
The U.S. and Europe are heading for a clash over their preferred candidates to lead the World Trade Organization as the selection of the first…
U.S. says it has evidence of forced labor in Chinese sweetener
The U.S. said it found “conclusive evidence” that a Chinese company used forced labor to make extracts of the sweetener stevia, with American ports now…
Oil Climbs while U.S. lawmakers discuss a potential aid package
Oil surged to a seven-week high in New York as U.S. lawmakers negotiated the size of a potential spending bill to boost economic recovery, presenting…
Fortress plans to sell $2.4 billion for Vegas rail, still record
Fortress Investment Group cut the size of its municipal bond sale for for a passenger railroad between California and Las Vegas by $800 million to…
SkyBitz offers total cold chain visibility through partnership with Coretex
SkyBitz, a leader in IoT telematics solutions, announced a strategic technology partnership with fleet logistics solutions provider Coretex.
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FBX Weekly Ocean rates stable and SMBs getting resilient as eCommerce surges
China-US ocean rates have now gone unchanged for a month, following complaints and scrutiny of already sky-high prices. Ocean carriers cancelled any planned mid-month rate…
MARAD accepting applications for domestic maritime workforce training and education
The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced that it is accepting applications from eligible and qualified institutions to apply for a Centers…