Air Freight News
Russia ditches the dollar in more than half of its exports
The dollar share of Russian exports dropped below 50% for the first time on record in the fourth quarter following a multi-year Kremlin campaign to…
Gain in US durables orders trails forecast on plane bookings
Orders for U.S. durable goods rose less than expected in March as a decrease in bookings for commercial aircraft interrupted recent strength in manufacturing.
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‘Made in Quebec’ strawberries offer hope for food autonomy
The pandemic, with its broken supply lines and closed borders, has been a worrying reminder of Quebec’s dependence on imported food. Roughly 75% of its…
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Frustration builds on world’s longest border as Canada goes slow
Canada’s Justin Trudeau has a border problem. Like his counterpart in the White House, he’s being pummeled by his political opponents for it.Canada’s land border…
Biden exploring border adjustment tax to fight climate change
President Joe Biden is exploring the idea of a border adjustment tax that would slap a levy on imports from countries with weaker climate policies,…
GM’s giant pickup factory in Mexico embroiled in labor fight
General Motors Co.’s truck factory in central Mexico has been dragged into a labor dispute after authorities found irregularities in a workers’ vote on a…
FirstGroup Sells U.S. School Bus Arm in $4.6 Billion Retreat
U.K. transport firm FirstGroup Plc agreed to sell the biggest operator of America’s yellow school buses as part of a $4.6 billion deal, bowing to…
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Aluminum commands record premium in US amid economic recovery
The premium buyers pay to have aluminum shipped to the U.S. Midwest touched a record high, surpassing the level reached six years ago when banks…
Cracks emerge in US-led intelligence pact over China approach
A polite disagreement between Pacific Ocean neighbors on Thursday showed a fissure among U.S. allies over China, underscoring the difficulties Joe Biden faces in forging…
South Africa set to use J&J shots after resolving contract spat
South Africa plans to begin issuing Johnson & Johnson’s coronavirus vaccine to the general public next month after settling a contractual dispute with the U.S.…