Air Freight News
Chicago wheat edges lower as Russian exports in focus
Wheat traded in Chicago fell for a third day, as prices come under pressure from Black Sea supplies.
Bank of Canada says global trade shifts may drive up prices
Bank of Canada Governor Tiff Macklem said shifting trends in global trade are likely to create more supply shocks in the future, potentially driving up…
US House votes to bar new DJI drones as ‘China week’ gets underway
The U.S. House of Representatives voted on Monday to bar new drones from Chinese drone manufacturer DJI from operating in the United States, one of…
Competitive dynamics in focus as US tries to stop Tapestry-Capri merger
The U.S. Federal Trade Commission urged a federal judge in New York to block Tapestry's $8.5 billion merger with rival handbag maker Capri Holdings at…
Canada’s Unifor, GM start contract talks for CAMI assembly plant
General Motors and Unifor have begun collective bargaining for workers at the automaker's CAMI Assembly plant in Ontario, the Canadian labour union said on Monday.
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US to hit China with Quantum, chip-related export curb
The Biden administration plans to impose export controls on critical technologies including quantum computing and semiconductor goods, seeking to align key allies in a US-led…
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Taiwan exports to US surpass China record to hit monthly high
Taiwan’s exports to the US topped the record for any month’s shipments to China, underscoring rapidly shifting East Asian supply chains.
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Tariffs tend to hit the poor harder, WTO says
Import tariffs tend to disproportionately hit low-income households, the World Trade Organization said in a report on Monday, countering what it sees as backlash against…
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US Congress must pass farm spending bill this year, say commodity groups
More than 300 U.S. farm and commodity groups urged Congress in a letter on Monday to pass a long-delayed farm spending bill before the end…
US arrests laser tech salesman for illegal exports to Russia
A former salesman for a manufacturer of laser welding machines was arrested on Monday on charges that he conspired to evade U.S. export control laws…