Air Freight News
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VW’s Traton boosts bid for rest of Navistar to $3.6 billion
Volkswagen AG’s heavy-truck business boosted its bid for Navistar International Corp., offering to buy the rest of the U.S. manufacturer for $3.6 billion.
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Latam Cargo strengthens its positioning in Colombia
The Latin American transportation company, LATAM Cargo Group, announced an increase in its frequencies from Colombia to the United States in order to satisfy its…
Changi Airport chairman steps down after backlash on maid fiasco
The chairman of Singapore’s award-winning Changi Airport, Liew Mun Leong, has stepped down amid mounting criticism after a court overturned a conviction against a domestic…
Think again about the Iran sanctions snapback
The Trump administration is isolating itself, not the regime in Tehran.
Singapore Air makes ‘agonizing decision’ to cut 4,300 jobs
Singapore Airlines Ltd. is eliminating about 4,300 jobs as it contends with the devastating impact of the coronavirus pandemic on the aviation industry.
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India considers $23 billion package to lure global manufacturers
India is planning to offer incentives worth 1.68 trillion rupees ($23 billion) to attract companies to set up manufacturing in the South Asian nation, people…
Greece presses EU to draw up ‘severe’ sanctions against Turkey
Greece pressed its European Union partners to draw up “severe” sanctions against Turkey over its energy exploration in the eastern Mediterranean, a move that could…
Trump’s trade war failed. Can Biden do better?
There's more evidence tariffs hurt the companies they were supposed to help.
Pompeo urges Southeast Asia to cut ties with ‘bully’ China firms
U.S. Secretary of State Michael Pompeo called on Southeast Asian countries to review ties with Chinese state-owned enterprises, stepping up pressure on Beijing over territorial…
Dollar’s dominance gives US upper hand in China fight
China’s latest threat to bar companies with ties to U.S. officials who visit Taiwan points to a weakness for Beijing in its sanctions battle with…