Air Freight News
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Trump could use 2019 investigation to justify tariffs on auto imports
President Donald Trump's administration is likely to use an investigation completed during his first term in office to justify auto tariffs that he says are…
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US adds dozens of Chinese entities to export blacklist, including Inspur units
The U.S. added six subsidiaries of Inspur Group, China's leading cloud computing and big data service provider, and dozens of other Chinese entities to its…
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Glencore declares force majeure on copper shipments from Altonorte smelter in Chile
London-listed miner Glencore has declared force majeure on copper shipments from its Chilean Altonorte smelter, where production has been suspended, two industry sources said.
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BYD aims to double overseas sales to 800,000 in 2025, chairman tells analysts
Chinese electric vehicle giant BYD aims to double its sales outside China to more than 800,000 cars in 2025 and will look to overcome tariffs…
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Hyundai Steel unveils US factory plan, shares skid
South Korea's Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a steel plant in the U.S. state of Louisiana with…
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Trump widens trade war as he targets Venezuela’s energy sector, eyes sectoral tariffs soon
U.S. President Donald Trump on Monday widened his global trade war with 25% secondary tariffs on any country that buys oil or gas from Venezuela,…
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India eyes tariff cut on more than half of US imports to shield its exports, sources say
India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the…
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Russia gets US to agree to help lift curbs on food, fertilizer and shipping
Russia said on Tuesday the U.S. had agreed to help it lift restrictions on food, fertilizer and shipping companies in exchange for agreeing to a…
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Security of the supply chain more critical than ever
Fast-moving changes in supply chains across the world are more complex and unexpected than ever says international freight and cargo handling insurer, TT Club. Its’s…
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Schneider Electric to invest over $700 million in US to power AI boom
Schneider Electric said on Tuesday it plans to invest over $700 million in its U.S. operations over the next two years amid tariff threats that…