Air Freight News
CBP announces new Preclearance Terminal In Bermuda
U.S. Customs and Border Protection (CBP) announced today a new Preclearance Terminal that will open Wednesday at the new L.F. Wade International Airport in Bermuda.
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Mnuchin questioned on favorable loan to YRC Worldwide Inc.
Treasury Secretary Steven Mnuchin faced questions on Thursday from a congressional oversight panel over his department’s decision to extend a $700 million loan to a…
Brent extends rally past $50 aided by US stimulus hopes
Oil in London continued to race higher alongside a broader market rally as signs of progress on another U.S. fiscal stimulus package raised hopes for…
White House weighs reopening travel with Europe despite spike
The White House has held multiple discussions on reopening travel to the U.S. from the U.K. and other European countries and Brazil, even amid a…
Handed a 5G lifeline by Trump, Japan races to catch up to Huawei
When Japan invented the world’s first camera-equipped mobile phone two decades ago, it signaled an early but crucial step in the transformation of the phone…
Scrapped China talks cast shadow over planned EU investment deal
Europe’s top business association pulled out of a meeting with a Beijing think tank after the Chinese side opposed the participation of two perceived China…
Brent crude tops $50 a barrel for first time since March
Global benchmark crude futures surpassed $50 a barrel for the first time since March as strong demand out of Asia and optimism surrounding vaccine progress…
The Cooperative Logistics Network reaches a milestone by surpassing 300 members around the world
The Cooperative Logistics Network, the first international freight forwarding network with global coverage to launch instant quoting ability for its members, has set a new…
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No-deal Brexit more likely after dinner fails, officials say
Negotiations between the U.K. and the European Union are on course to end without a trade deal amid fears on both sides that their disagreements…
Pound drops as failure to break impasse drags out Brexit pain
The pound fell after a face-to-face meeting between European Union and British leaders failed to yield a Brexit trade breakthrough, with the two sides agreeing…