Air Freight News
European airlines demand ‘level playing field’ with Chinese rivals
European airlines urged Brussels on Wednesday to do more to secure a level playing field in the industry, complaining that Chinese rivals enjoy a huge…
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US adds three Chinese companies to ‘Unverified List’ requiring additional export checks
The U.S. Commerce Department on Tuesday added three companies in China to a list of firms receiving U.S. exports that officials have been unable to…
US imposes $4 million penalty against Lufthansa over treatment of Jewish passengers
The U.S. Transportation Department said Tuesday it is imposing a $4 million penalty against Lufthansa for discriminating against Jewish passengers from New York through Frankfurt…
Tariffs, tax cuts core to Trump’s economic pitch to voters
Republican presidential candidate Donald Trump has made tariffs and tax cuts the key elements of his economic pitch to voters, the majority of whom view…
Tesla gets green light from German authorities for first stage of plant expansion
Tesla came one step closer to achieving its planned doubling of capacity at its plant near Berlin on Tuesday when the local environment ministry granted…
US holiday sales to grow up to 3.5% in 2024, NRF forecasts
U.S. holiday sales are expected to grow as much as 3.5%, the slowest pace in six years, the National Retail Federation forecast on Tuesday, as…
Steady sales growth expected for 2024 holiday season, according to NRF
The National Retail Federation today forecast that winter holiday spending is expected to grow between 2.5% and 3.5% over 2023. That equates to between $979.5…
Farmers for Free Trade statement on new analysis of impacts from a tariff-induced trade war
Farmers for Free Trade, the national trade advocacy coalition comprised of America’s largest ag and food associations, released the following statement today on a new…
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S&P Global: Boeing Co. remains on CreditWatch negative amid third quarter losses
Boeing concurrently announced plans to reduce its workforce by approximately 10%, representing about 17,000 employees. We assume the cuts will take place in 2025 and…
America’s record ‘net debtor’ status enters the unknown: McGeever
Foreign investors' claims on Uncle Sam have been greater than U.S. investors' claims overseas for decades, an imbalance that many analysts have long