Air Freight News
Japan’s trade gap narrows as fuel import costs ease
Japan’s trade deficit narrowed for the second month in March, as the price of fuel eased and brought down import costs.
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US, Ukraine allies consider near-total ban on exports to Russia
Some of Ukraine’s key allies including the US are considering moving closer to an outright ban on most exports to Russia, a potentially significant tightening…
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Ford forges new link to China with plan to import Lincoln SUVs
Ford Motor Co. plans to import its restyled Lincoln Nautilus sport-utility vehicles from China, deepening connections to a country other US companies are abandoning.
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Cargill warns of opaque wheat prices as firms end Russia exports
Russia’s increased control of its wheat exports threatens to obscure prices and curb efficiency in the global grains market, according to Cargill Inc.’s head trader.
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Solar tariffs up to 254% risk return in Congress anti-China push
Momentum is building in Congress over an effort to re-instate debilitating solar tariffs on US imports of panels from Southeast Asia, raising alarm from renewable…
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ChatGPT buzz fuels demand for chips and gear, Advantest says
Advantest Corp. is seeing a spike in demand for its chip-testing devices, catalyzed by the frenzy of interest in OpenAI’s ChatGPT and other novel uses…
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U.S.-Mexico high-level economic dialogue mid-year review
The U.S. and Mexican High-Level Economic Dialogue (HLED) co-chairs met virtually on April 18, 2023 to review key accomplishments since the September 12, 2022 HLED…
Malaysia’s exports contract for the first time in 31 months
Malaysia’s exports declined in March, marking the first contraction since August 2020 amid slowing global demand.
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Putin’s back door for whisky, cognac gives distillers a headache
International spirits brands that halted supplies of premium liquor to Russia have lost control over whether their stock is sold there, thanks to a government…
Ukraine’s Black Sea crop exports resume after latest halt
Ukraine’s Black Sea crop shipments resumed on Wednesday, following another brief halt that sparked fresh worries about future cargoes from the key exporter.