Air Freight News
2023 holiday to reach record spending levels
The National Retail Federation today forecast that holiday spending is expected to reach record levels during November and December and will grow between 3% and…
US sanctions Russia’s Sistema and dual-use network
The US imposed sanctions Thursday on one of Russia’s largest publicly traded holding companies, Sistema PJSC, in a new package of restrictions also targeting firms…
Latin America’s first international trade platform Finkargo, closes $20 million Series A funding to fuel growth for SMBs
Finkargo, the international trade platform empowering small and medium-sized businesses (SMBs) with global sourcing, trade services and embedded financing, announced a $20 million Series A…
ASML China export curbs came too late, Dutch PM frontrunner says
The Netherlands should have acted quicker to limit the export of ASML Holding NV’s high-tech chipmaking machines to China, according to Dilan Yesilgoz-Zegerius, the leading…
US imposes sanctions on Myanmar’s lucrative oil enterprise
The US announced partial sanctions against the Myanmar junta’s most lucrative state-owned enterprise, one of Washington’s most significant moves yet to curtail the military regime’s…
Ukraine crop exporters failed to bring home $3 billion amid war
Ukraine’s agricultural exporters have left around $3 billion of their revenues overseas since Russia invaded the country, adding to the pressure on the nation’s foreign…
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US demands are why mineral deal with EU failed, Dombrovskis says
The US and European Union were unable to reach an agreement recently on critical minerals because the US made extra requests beyond those in a…
South Korean exports return to growth in boost to outlook
South Korea’s exports rose for the first time since late last year in a positive sign for the nation’s growth outlook and an indication that…
UK officials pressured to drop IP demands in India trade talks
A group of lawmakers, academics, medics and charities has urged the UK government to scrap intellectual property demands in their trade negotiations with India, which…