Air Freight News
Venezuela’s oil exports climb to four-year high in August
August oil exports hit their highest in more than four years, according to shipping data, fueled by expanded shipments to China, the U.S. and Europe…
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Tesla asked Canada for lower tariff on China-made EVs, government source says
Before Canada said this week it was imposing a 100% duty on Chinese-made electric vehicles, Tesla approached Ottawa and asked for a lower tariff on…
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Bangladesh garment industry short on cotton as floods worsen protest backlog
Garment factories in Bangladesh, one of the world's biggest clothing production hubs, are struggling to complete orders on time as flooding disrupts their
Acting US labor secretary encourages Boeing and workers to reach ‘fair contract’
Acting U.S. Labor Secretary Julie Su on Wednesday encouraged Boeing and more than 30,000 of the planemaker’s factory workers to bridge a divide in negotiations
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US Steel core management, majority of board members will be US citizens, Nippon Steel says
Japan's biggest steelmaker Nippon Steel, which is seeking to acquire U.S. Steel, said on Wednesday if its purchase goes ahead core senior management as well…
Biden preparing to block Nippon’s US Steel takeover, Washington Post reports
By Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden is preparing to block Nippon Steel's acquisition of U.S. Steel, a source said on Wednesday. The…
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Biden preparing to block Nippon’s US Steel takeover, source says
U.S. President Joe Biden is preparing to block Nippon Steel's acquisition of U.S. Steel, a source said on Wednesday. The move by Biden would deal…
Canada trade balance swings to surplus in July
Canada posted a lower-than-expected trade surplus of C$684 million ($505 million) in July as imports fell faster than exports, while the June balance was revised…
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U.S. Steel warns Nippon deal failure could put thousands of jobs at risk
U.S. Steel warned Wednesday that a failure to merge with Nippon Steel would put thousands of U.S union jobs at risk and result in the…
US trade deficit widens in July on imports
The U.S. trade deficit widened sharply in July as businesses front-loaded imports in anticipation of higher tariffs on goods, suggesting that trade could remain a…