Air Freight News
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US betting on energy shift to stem decades of disappearing farms
The US is betting the transition to cleaner energy combined with massive infrastructure investments will reverse a persistent decline in family farms, creating new revenue…
Census data shows retail sales grew in March amid early easter, bigger tax refunds and more jobs
Data released by the U.S. Census Bureau today shows retail sales continued to increase in March as tax refunds and job growth put more money…
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Expected rise in war risk premiums and freight rates amid geopolitical tensions
In a significant escalation of tensions in the Middle East, Iran's capture of the MSC Aries, a container ship linked to Israel, has reverberated throughout…
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Rate chokehold on world economy is set to loosen only slowly
The high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary at the threat…
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CNBC/NRF retail monitor: Sales grew in March amid wage grains and easing inflation for goods
Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail…
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Apparel and footwear industry calls for 16 year AGOA renewal
Currently set to expire in September 2025, AGOA is a pivotal trade preference program that provides duty-free access to the U.S. market, fostering economic growth…
TOP Ships Inc. announces transfer of listing to the NYSE American LLC
The Company expects to commence trading as a NYSE American-listed company at the market open on April 24, 2024, under its existing ticker symbol, “TOPS.”
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China steel exports hit highest since 2016 on weak local demand
China’s steel exports posted the strongest month since 2016, weeks after US Treasury Secretary Janet Yellen used the industry as an example to warn on…
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China exports drop more than expected in setback to recovery
China’s exports slumped in March, dealing a blow to hopes that booming sales abroad will offset weak demand at home and drive growth in the…
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‘Mag Seven’ power stocks in run-up to US earnings
The world’s largest technology companies drove a rebound in stocks, with traders bracing for a deluge of results from Corporate America that will test this…