Air Freight News
China arrests Yuan tumble with stronger-than-expected fixing
A stronger-than-expected fixing was enough to steady the yuan after increasing U.S.-China tensions sent the offshore rate toward a record low.
What Hong Kong losing its ‘special status’ would mean
Under the United States-Hong Kong Policy Act of 1992, the U.S. treats Hong Kong, a semi-autonomous part of China, differently than the mainland in trade,…
US ends Iran sanction waivers allowing work on nuclear sites
The U.S. has ended waivers that allowed Russian, Chinese and European companies to work at sensitive Iranian nuclear sites as the Trump administration keeps up…
China’s beer lovers to suffer from Beijing’s spat with Australia
Chinese imports of Australian barley are continuing to filter through despite Beijing’s hefty tariffs on shipments, a move that could push up beer prices in…
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CenterPoint expands its East Bay last-mile portfolio
CenterPoint Properties acquires its sixth property in the prime East Bay industrial market in the last 18 months. The 7.94-acre site, located at 950 Whipple…
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US move on Hong Kong leaves Trump with tough-or-gentle options
He could take a lighter touch with modest sanctions aimed at putting China on notice. Or he could unleash a far harsher approach that would…
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Trump’s push to kill solar loophole blocked by trade court
The Trump administration lost another bid to kill a tariff loophole on imported solar equipment, enabling American developers to continue skirting its duties for the…
House passes Uighur Bill in rebuke to China, sends it to Trump
The U.S. House voted Wednesday to authorize sanctions against Chinese officials for human rights abuses against Muslim minorities, as Congress and the White House ratchet…
American Air CEO says bankruptcy is an option he won’t consider
American Airlines Group Inc.’s top executive sought to shut down persistent rumors that the debt-laden carrier could be forced into bankruptcy during the coronavirus travel…
US says Hong Kong’s autonomy is gone, sowing China trade doubt
The Trump administration said it could no longer certify Hong Kong’s political autonomy from China, a move that could trigger sanctions and have far-reaching consequences…