Air Freight News
Israel targets e-commerce for tax on imported goods bought online
Early planning on Israel’s new budget has included discussions on ending a tax break that’s cut the high cost of living but could drain much-needed…
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Bentley doubles space for parts amid Brexit trade talks concern
Luxury automaker Bentley said it has doubled warehousing capacity in a move that will help it cope with potential disruption if Britain fails to strike…
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FIS Air Freight Report June 22, 2020
More of the same downward trend hits the index, as both basket routes shed substantial numbers, China to Europe down $1.06 and China to USA…
After years of angst, Canada’s oil pipeline problem may be over
The shortage of pipeline space that has hamstrung Canada’s oil producers for years may finally be over -- just not in the way they had…
India takes another step to bock China products with new rules
India has amended rules for purchases by government departments, making it mandatory for suppliers to mention the country of origin in a move to push…
Lufthansa misses deadline for staff cost cut deal with unions
Deutsche Lufthansa AG missed its deadline to secure union backing for lowering labor costs, underscoring the challenge the German carrier faces to rebound from the…
South African Airways bailout plans emerge from private investors
South Africa’s government received proposals from private financiers interested in investing in a restructured state airline.
Ford Ranger, Tesla models ride high in ‘American-made’ Car Index
Ford Motor Co.’s new Ranger truck topped a ranking of vehicles that contribute most to the U.S. economy, while three Tesla Inc. models placed in…
Italy’s newest political party wants country out of the EU
If Senator Gianluigi Paragone had his way, Italy would pull out of the European Union and free itself of the euro.Paragone, who cut his teeth…
Japan seeks closure in post-Brexit UK trade talks by end-July
Japan is aiming to conclude its current trade negotiations with the U.K. by the end of next month, according to a Japanese government official familiar…