Air Freight News
Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Spirit AeroSystems will tell employees on Friday that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing…
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GM, Foxconn to swap imports to Mexico for local production, official says
U.S. automaker General Motors and Taiwanese tech giant Foxconn will announce plans to swap out imports to Mexico for production in the country later this…
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Yellen says high US tariff wall ‘deeply misguided’, would raise prices
U.S. Treasury Secretary Janet Yellen will say on Thursday that walling off the U.S. economy as proposed by Republican presidential candidate Donald Trump would be…
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Environment groups call on Holcim to cut carbon footprint ahead of US spinoff
U.S. environmental groups have stepped up a campaign to get cement maker Holcim to curb its carbon footprint, writing to its chairman and potential investors…
The BATT Coalition proposes tax reforms to spur greater domestic independence
The Battery Advocacy for Technology Transformation (BATT) Coalition has submitted a letter to the leadership of the House Committee on Ways and Means recommending additional…
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U.S. trade policy in question as election nears: new tariff hikes could threaten U.S. tech and force supply chain rethinks
With the U.S. presidential election approaching on 5 November, the contrasting trade positions of Democratic candidate Kamala Harris and Republican candidate Donald Trump are creating…
Japan’s September exports post first fall in 10 months
Japan's exports fell for the first time in 10 months in September, data showed on Thursday, a worry for policymakers as any prolonged weakness in…
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Singapore’s September exports rise 2.7% y/y, less than forecast
Singapore's non-oil domestic exports rose 2.7% in September from the same month a year earlier, data on Thursday showed, supported by growth in electronic and…
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Australia cashes in on beef exports as US cattle herd shrinks
In a refrigerated room, around two dozen staff in hats, gloves and blue plastic aprons carve and pack carcasses into boxes within minutes of their…
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Argentina’s trade surplus nears $16 billion under Milei
Argentina likely had a trade surplus for the tenth straight month in September under libertarian President Javier Milei, helping to accumulate a net $16 billion…