Air Freight News
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Port Manatee container trade surges 54.6 percent in fiscal 2020
Port Manatee’s dynamic containerized cargo trade continues to swell at a record pace, surging nearly 55 percent in the just-ended fiscal year, according to figures…
UK, EU blame each other as trade talks make slow progress
U.K. and European Union officials blamed each other for failing to compromise as they made little apparent progress toward a trade accord ahead of a…
Oil pares gain with stimulus concerns offsetting China data
Oil eased off of session highs as an impasse in U.S. stimulus talks countered data from China showing robust crude imports.
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Timing of EU tariff hit on US may hinge on election winner
The World Trade Organization on Tuesday said the European Union could impose tariffs on $4 billion of U.S. exports, but the bloc will likely withhold…
Delta delays $5 billion of jet deliveries in blow to Airbus
Delta Air Lines Inc. is delaying $5 billion in aircraft deliveries until after 2022, dealing a blow to Airbus SE as the U.S. carrier braces…
IMF cuts India’s outlook further as economy faces worst EM slump
India’s economic growth forecast was slashed further by the International Monetary Fund on Tuesday, with the South Asian nation now facing the biggest contraction of…
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Australia seeks clarity from Beijing on coal import ban
The Australian government is seeking clarification from Beijing on reports that China has suspended purchases of Australian coal amid heightened diplomatic tensions between the two…
EU says no breakthrough in Brexit talks and places onus on UK
The U.K. and European Union have made only limited progress toward a trade deal and the onus is on the British to move, the bloc’s…
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China bolsters its dominance of global trade
China is cementing its status as the world’s dominant trading nation, confounding warnings that a once in a century pandemic combined with simmering tensions with…
Pilots shut down Pratt & Whitney engine on Airbus mid-air, even after fixes
Pilots of an Airbus SE A320neo jet in India shut down a Pratt & Whitney engine mid-air last month after it encountered problems, people familiar…