Air Freight News
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Still early to assess tariff impact on economy, Fed report says
The Federal Reserve's latest Monetary Policy Report to Congress, released on Friday, said U.S. inflation is somewhat elevated and the labor market is in solid…
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Green Corridors unveils $10B US-Mexico trade project
Green Corridors, LLC, a newly unveiled public-private logistics initiative, received approval from the White House on June 9th to construct, maintain and operate the cross-border…
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Slow rate hikes could cause wage-price spiral, BOJ paper says
Hiking interest rates only gradually as raw material costs rise could heighten the risk of an upward spiral in wages and consumer prices, the Bank…
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World markets on oil watch as Middle East tensions flare
Brent crude oil is up around 20% so far in June, and set for its biggest monthly jump since 2020 as Israel/Iran tensions flare-up. Although…
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Stocks struggle, oil up for 3rd week as Trump weighs US action on Iran
Stock markets ticked higher on Friday while oil skirted close to its biggest daily drop since April after President Donald Trump pushed back a decision…
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Oil, war and tariffs tear up markets’ central bank roadmap
Investor unease about an increasingly uncertain environment is rising, as Norway's shock rate cut on Thursday highlights how U.S. tariffs,
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Wall St futures inch lower as Middle East war enters second week
Wall Street stock index futures edged lower on Friday, pressured by uncertainty around U.S. involvement in the Iran-Israel war and concerns of
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‘Amber waves of grain’ recede in America’s heartland as wheat farmers struggle
On a foggy morning in May, Dennis Schoenhals drove a carload of crop scouts around the wheat fields of northern Oklahoma, part of an annual…
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EU increasingly resigned to 10% baseline tariff in US trade talks, European sources say
European officials are increasingly resigned to a 10% rate on "reciprocal" tariffs being the baseline in any trade deal between the United States and the…
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China has granted rare earth export licences to some firms, commerce ministry says
China's commerce ministry said on Thursday that "a certain number" of rare earth export licence applications had been approved, but declined to give further details…