Air Freight News
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China torments and titillates seaborne coal market: Russell
China imported a record amount of coal in 2024, driving world imports of the fuel to an all-time high. So why are coal exporters starting…
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Trump eyes Washington trade lawyer for key China post at Commerce Dept
President-elect Donald Trump is considering Washington trade lawyer Jeffrey Kessler to lead the U.S. Commerce Department's Bureau of Industry and Security (BIS), according to people…
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Mexican president might avoid Trump’s ‘day one’ tariffs
In late November, U.S. President-elect Donald Trump sent shockwaves through global trade by threatening 25% tariffs on Mexico and Canada, effectively ripping up a regional…
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US bans imports from more companies over Uyghur forced labor
The United States has banned imports from another tranche of companies over alleged human rights abuses involving the Uyghurs in China, targeting more than 30…
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Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, CNBC reported on Monday, citing sources.
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Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel, the companies said on Saturday,…
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Apple, Samsung smartphone shipments fall in fourth quarter as China competition bites, IDC says
Smartphone shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to…
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US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say
U.S. President Joe Biden's administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources…
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US tightens its grip on AI chip flows across the globe
The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power…
December CNBC/NRF retail monitor results show strong growth boosted by final Thanksgiving weekend days
Retail sales jumped strongly in December, boosted in part by two busy holiday shopping days during Thanksgiving weekend falling in the final month of the…