Air Freight News
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US refiner Phillips 66 posts bigger-than-expected quarterly loss
Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid widespread maintenance and turnaround activities across the…
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Apple moving to boost iPhone shipments from India to US to ease tariff impact, source says
Apple aims to make most of its iPhones sold in the United States at factories in India by the end of 2026, and is speeding…
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Stocks, dollar eye weekly rise on hints of tariff relief
European and Asian stocks headed for a second straight week of gains on Friday and the dollar eyed its first weekly rise in more than…
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US spirits exports rise 10% in 2024 amid tariff fears
U.S. spirits exports rose 10% in 2024 to $2.4 billion, according to a report by Distilled Spirits Council of the United States (DISCUS), driven by…
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China pushes for tariff cancellation to end US trade war
China called for all "unilateral" U.S. tariffs to be cancelled on Thursday, as signs emerged that the Trump administration may de-escalate its trade war with…
Thai export growth at 3-year high in March, US tariffs a challenge
Thailand's export growth in March reached the highest level in three years and shipments should continue to grow in the current quarter, although steep U.S.…
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White House would consider cutting China tariffs as part of talks, source says
The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source familiar with the matter said on Wednesday,…
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EU exports to US surge by 22.4% in February
European Union exports to the United States increased by 22.4% in February compared to the previous year, Eurostat data showed on Wednesday, marking the highest…
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Tariffs may mean more US steel jobs. Will there be workers to fill them?
Thomas Reisinger commutes almost an hour-and-a-half each way for a job in a cavernous steel processing plant here.
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Boeing tackles US-China trade threat, shares rise on smaller-than-expected loss
Boeing's CEO pledged on Wednesday to protect the U.S. planemaker's recovery from the effects of a U.S.-China trade war, after reporting a smaller-than-expected quarterly loss…