Air Freight News
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India trade deficit in May at $21.88B
India's May trade deficit was lower than the $25 billion expected by economists in a Reuters poll, and also below April's deficit of $26.42 billion...
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Oil slips as Israel-Iran strikes spare key energy infrastructure
Oil prices edged down on Monday, paring back Friday's 7% surge, as renewed military strikes by Israel and Iran over the weekend left oil production…
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Tariff ‘stacking’ adds another headache for US importers
John Hamer, president of Rodgers Wade Manufacturing in Paris, Texas, makes store fixtures for big retailers like Ross Dress for Less and Ulta Beauty.
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CAMMU statement on doubling of Section 232 Steel and Aluminum Tariffs
U.S. metal-using manufacturers are already paying significantly more for steel than their global competitors. For example, according to SteelBenchmarker, the price of hot-rolled steel in…
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China allows import of eligible pork, poultry products from 106 US plants
China has approved 106 new U.S. pork and poultry plants to export eligible products produced on or after June 12, Chinese Customs said in a…
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EU trade surplus with US grows in April despite tariffs
The European Union's goods trade surplus with the United States expanded in April even after U.S. tariffs, data released on Friday showed, while the bloc's…
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Nor-Shipping 2025 breaks records ‘across the board’ with huge global engagement
Nor-Shipping has confirmed that its 60th anniversary program, which ran from 2-6 June in Oslo and Lillestrøm, broke all previous records for the event week.
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Stocks tumble, oil prices jump after Israel attacks Iran
An escalation in the Middle East - a major oil-producing region - adds uncertainty to financial markets at a time of heightened pressure on the…
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Israel-Iran conflict: safety and stability of ocean supply chains under threat - Xeneta Chief Analyst
Peter Sand, Xeneta Chief Analyst, discusses the effects of the Israel-Iran conflict.
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CNBC/NRF Retail Monitor shows continued sales growth but less stocking up ahead of tariffs
Retail sales continued to grow in May even though consumers slowed down on stocking up ahead of tariffs, according to the CNBC/NRF Retail Monitor, powered…