Air Freight News
Conflict in Congo threatens trade in key metals, UN experts say
Companies buying metal sourced from central Africa could be exposing themselves to United Nations sanctions for supporting war in eastern Democratic Republic of Congo, according…
Kenya begins levying import duties as regional deal kicks in
Kenya began collecting import duties on everything from diapers to peas as part of a regional pact that remains unaffected by President William Ruto’s decision…
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India mulls easing rice export limits in boon to world buyers
India, the world’s top rice shipper, may relax restrictions on exports of some varieties to avoid a glut in the country before the new crop…
China only recently responded to EU on tariffs, ambassador says
China responded only recently to the European Union’s requests for talks in the bloc’s investigation into subsidies for electric vehicles despite its attempts to engage…
China’s BYD is poised to build $1 billion EV plant in Turkey
Turkey will soon unveil an agreement with BYD Co. to construct a $1 billion plant in the west of the country, Turkish officials said, boosting…
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Global trade resumes growth in first quarter of 2024
The growth was fueled by positive trade dynamics for the United States and developing countries, and in sectors related to green energy and artificial intelligence.
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June 2024 U.S. Transportation Sector unemployment (4.8%) rises above the June 2023 level (3.3%)
June 2024 U.S. Transportation Sector unemployment (4.8%) rises above the June 2023 level (3.3%) and the pre-pandemic June 2019 level (4.1%)
August rate cut in play for Philippines after inflation surprise
Inflation in the Philippines halted four consecutive months of acceleration in June, further building the case for the central bank to start its pivot to…
India’s LNG Imports set to slump as monsoon hits power demand
India’s booming liquefied natural gas imports are likely to slow as cooler weather due to monsoon rains crimps electricity demand and increases in hydropower crowd…
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Falling exports keep Canada in trade deficit for third month
Canada recorded a goods trade deficit for the third straight month in May, the longest streak in nearly a year.