Air Freight News
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China’s rare earth export restrictions will hurt U.S. defense, energy & automotive Industries
China’s recently announced export restrictions on rare earth elements (REEs) are likely to adversely impact several U.S. commercial and defense technologies and should have been…
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Census data shows retail sales grew in March but consumers are ‘not feeling great’ as tariffs rise
The Census Bureau said overall retail sales in March were up 1.4% seasonally adjusted month over month and up 4.6% unadjusted year over year. That…
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US manufacturing output slows in March; tariffs cloud hangs over factories
U.S. manufacturing production rose moderately in March and could decelerate further amid President Donald Trump's global tariffs, which have sparked a trade war with China.
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Pre-emptive buying ahead of tariffs powers US retail sales in March
U.S. retail sales increased by the most in more than two years in March as households stepped up purchases of motor vehicles and a range…
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Global chipmakers feel the pinch of Trump’s shifting trade policy
Global chip stocks were battered on Wednesday on fresh evidence of how U.S. President Donald Trump's shifting trade policy was complicating the outlook for
PwC audits Baltic Exchange dry bulk & container indices
The latest reports, which is the fifth annual cycle between BEISL and PwC for Ocean Bulk and the third cycle for Container Indices, include reasonable…
Global Economy under pressure could slow 2.3%, signals UN Trade and Development (UNCTAD)
The world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty, UN Trade and Development (UNCTAD) alerts in its new…
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Trump administration sued over tariffs in US Court of International Trade
A legal advocacy group on Monday asked the U.S. Court of International Trade to block President Donald Trump's sweeping tariffs on foreign trading partners, arguing…
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Chile pushes back against Trump copper tariff probe
Copper imports from Chile, the top supplier of the metal to the United States, do not threaten U.S. security interests, the Chilean government said in…
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US import prices unexpectedly fall in March on cheaper energy goods
U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, but the trend is unlikely to be sustained amid an…