Air Freight News
The $150 million machine with $200 billion at stake for China
The U.S. has succeeded in keeping a cutting-edge semiconductor machine out of China’s hands even though it’s made in Europe.   
Delta jet dumped fuel over LA without warning, FAA says
The crew of a Delta Air Lines Inc. flight that experienced engine trouble shortly after taking off from Los Angeles failed to notify air traffic…
Coal imports mystery shows China’s firm grip on foreign cargoes
China’s coal imports were astoundingly low in December, signaling the government’s insistence on maintaining a tight grip on overseas cargoes and potentially setting the stage…
China’s state TV gives Trump live airtime for trade deal signing
U.S. President Donald Trump’s remarks at the signing of the phase one trade deal were given almost 20 minutes of live airtime on Chinese state…
Click to Read More
XPO Logistics explores breakup of transportation company
XPO Logistics Inc., the transportation conglomerate run by serial dealmaker Brad Jacobs, is considering strategic options including the possible sale or spinoff of one or…
Surging scrap metal imports has India producers seeking tax hike
India’s metal producers want higher taxes on imports of aluminum and copper scrap after China’s decision to restrict purchases flooded the global market with supplies.
Brazil looks to India as trade ties with Argentina deteriorate
Brazilian President Jair Bolsonaro is set to visit India next week, aiming to boost trade with a rapidly growing market as ties with neighboring Argentina…
Visa, Mastercard, AmEx win easier access to China market
The biggest U.S. card companies just moved a step closer to gaining access to China’s $27 trillion payments market.
US to prioritize Brazil over Argentina in OECD reversal
The Trump administration plans to promote Brazil’s bid to join the Organisation for Economic Co-operation and Development, reversing a previous commitment to give priority to…
‘Semi-truce’ trade deal roils markets from stocks to soybeans
The U.S. and China signed a partial trade deal that confirms a cease-fire in the spat that has roiled financial markets for three years.