Air Freight News
CMA CGM: THC Iraq (import/export)
Effective January 1st, 2024 (date of loading in the origin ports) until further notice...
Readout of Secretary Raimondo’s call with Minister of Trade of the Republic of Türkiye Omer Bolat
Today, Secretary Gina M. Raimondo spoke with the Republic of Türkiye Minister of Trade Omer Bolat to strengthen U.S.-Türkiye bilateral and commercial relations...
Global trade to drop 5% this year amid geopolitical headwinds
Global trade will decline in 2023 by about 5% from last year’s record as high borrowing costs weigh on economies, US-China tensions redirect supply chains…
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Singapore halts poultry from parts of Japan on Bird Flu outbreaks
Singapore has banned the import of raw poultry and poultry products from four Japanese prefectures, following recent reports of bird flu outbreaks, the Straits Times…
Department of Commerce hosts Ukraine Defense Industrial Base Conference
This week, the Department of Commerce hosted a series of speakers and meetings as part of the first day of the Defense Industrial Base Conference…
November 2023 U.S. transportation sector unemployment (4.5%) falls below the November 2022 Level (4.6%)
The unemployment rate in the U.S. transportation sector was 4.5% (not seasonally adjusted) in November 2023 according to Bureau of Labor Statistics (BLS). These data…
Import cargo peak came later than expected as volume kept growing
“We originally thought peak season would come in August but imports kept growing in September and again in October,” NRF Vice President for Supply Chain…
Mercosur summit ends without EU deal, eclipsed by Venezuela fear
A Mercosur summit planned to conclude a landmark trade agreement with the European Union closed Thursday in Rio de Janeiro with no deal in sight…
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Northrop Grumman successfully tests a new solid rocket motor developed in less than a year
Northrop Grumman Corporation (NYSE: NOC) successfully conducted a full-scale static test fire of a new solid rocket motor that was developed in less than a…
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EU considers restarting WTO case against US over steel tariffs
The European Union is considering reopening a case at the World Trade Organization against the US over a Trump-era steel and aluminum dispute that saw…