Air Freight News
EU, China raise EV and liquor probes in Davos meeting
European Commission President Ursula von der Leyen and Chinese Premier Li Qiang raised their respective electric vehicle and liquor investigations during a meeting in Davos…
NCBFAA prepares members for potential government shitdonw
While we hope that a U.S. government shutdown will be avoided, NCBFAA is taking no chances and asks its members to use the information developed…
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Coffee hoarding set to squeeze Vietnamese exports even further
Coffee exports from Vietnam are set to tighten as some growers hoard their beans and Red Sea risks mount following a smaller crop from the…
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African bloc to expand free-trade pilot to 31 countries
More than half of African nations will use the rules of a continental free-trade pact this year as the region moves closer to fully integrating…
Top buyer India extends low edible oil import duty to cap prices
India, the world’s top edible oil importer, allowed traders to buy crude palm, soybean and sunflower oils at low duties for another year in a…
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China chip imports suffer steepest drop on record after US curbs
China’s chip imports suffered their steepest drop on record last year, hamstrung by prolonged economic uncertainties and US export controls.
South Korea lays out $470 billion plan to build chipmaking hub
South Korea unveiled plans by leading firms such as Samsung Electronics Co. and SK Hynix Inc. to spend more than $470 billion establishing the world’s…
Chinese government bought Nvidia chips despite US ban, Reuters reports
Chinese government- and military-linked institutions bought small amounts of Nvidia Corp. semiconductors over the past year, evading export bans implemented by the US, Reuters reported…
Turkey’s Bayegan plans $1.9 billion petchem plant to cut imports
Turkish petrochemicals company Bayegan Group plans to boost domestic output of polypropylene with a $1.9 billion plant in the south of the country.
Iraq sees bumper wheat harvest, no need for imports this year
Iraq doesn’t plan to import wheat this year as the nation has stockpiles large enough to last seven months with expectations for a bumper harvest,…