Air Freight News
Raab attacks EU plan for Gibraltar over sovereignty concerns
British Foreign Secretary Dominic Raab lashed out at the European Union’s plan for a post-Brexit deal for Gibraltar, accusing the bloc of trying to undermine…
Ford and Chevrolet the worst hit by microchip shortage, almost 370,000 vehicles taken out of the production
Carmakers across the globe have been struggling to meet customer demand for new cars as the shortage of critical microchips led to plant closures and…
Canada export agency CEO says portfolio will be net zero by 2050
Canada’s national export agency says it plans to commit to net-zero greenhouse gas emissions by 2050 and is working on a range of new sustainable…
Taiwan angers China with first Europe office using its name
Taiwan will set up its first office in Europe using the name “Taiwan,” drawing a rebuke from China and praise from the U.S. as the…
Vale output disappoints in fresh blow to tight iron market
Brazilian mining giant Vale SA produced slightly less iron ore than expected last quarter because of teething problems at a new plant in a fresh…
Biden nominates ex-Obama official Pryor as Export-Import Bank VP
President Joe Biden nominated Judith D. Pryor as first vice president of the Export-Import Bank of the U.S., the nation’s official export-credit agency.
U.S., Vietnam reach accord on currency, signaling end to dispute
The U.S. Treasury Department and Vietnam’s central bank said they reached an agreement under which Vietnam will allow more flexibility in its currency, signaling an…
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Increased demand for softwood lumber in the US and Asia will change the global trade flows of wood in the coming decade
Softwood lumber has been in high demand in the US and Europe throughout 2021.
Yellen expresses doubts on results of Trump’s China deal
U.S. Treasury Secretary Janet Yellen expressed doubts about last year’s trade deal with China, the first clear statement from the Biden administration detailing its thinking…
Assmang calls force majeure on manganese alloys in South Africa
Assmang Proprietary Ltd. issued a notice of force majeure on manganese alloys production from its facilities in KwaZulu-Natal province, South Africa, according to an email…