Air Freight News
Maersk shares sink after outlook for 2021 disappoints
A.P. Moller-Maersk A/S, the world’s largest container carrier, unveiled an outlook that disappointed the market amid signs freight rates are close to peaking.
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Battery trade dispute could test Biden’s green policy plans
Battery makers LG Chem and SK Innovation await a key decision from the International Trade Commission that could hamper EV production in the U.S.
Key House Democrat hopeful for U.K., Kenya trade deals in 2021
A key House Democrat said he’s hopeful that talks for free-trade deals with the U.K. and Kenya can be completed this year even as President…
Real-time data say Brexit dent to trade isn’t improving
The impact of Britain’s departure from the European Union’s single market isn’t letting up after five weeks of the new trade deal.
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Brexit threatens to spoil U.K. hospitality’s post-Covid recovery
Just as Britain’s pubs, restaurants and food retailers prepare to emerge from lockdown in the coming months -- generating an expected surge in business --…
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Brexit red tape forces retailer JD Sports to open EU warehouse
JD Sports Fashion Plc will open a new distribution warehouse in the European Union to cope with the worse-than-expected impact of Brexit red tape and…
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SF Holding to take over Kerry Logistics for $2.3 billion
SF Holding Co., one of the largest Chinese package-delivery services, is seeking to acquire control of tycoon Robert Kuok’s Kerry Logistics Network Ltd. in a…
Boeing engine-control system in focus in Indonesia crash probe
The investigation into last month’s Sriwijaya Air crash in Indonesia is focusing on the engine-control system of the Boeing Co. 737-500 jet, potentially dealing another…
U.K. airports warn 11th hour confusion threatens quarantine plan
The U.K.’s latest clampdown on air travel was met with alarm by industry executives, who called the restrictions complex and said they fear a worsening…
New Zealand seeks clarification after China blocks some seafood
New Zealand said it is urgently seeking clarification from Chinese authorities after Beijing suspended imports from two of its seafood factories.