Air Freight News
Canada’s Ambassador to China steps down after Huawei crisis ends
Dominic Barton, Canada’s ambassador to China, is stepping down from his post at the end of this year, according to a statement by Prime Minister…
BYD new energy passenger vehicles soaring 252.7% YOY in November
The latest sales data shows BYD sold 97,242 passenger vehicles in November, increasing 84.1% year-over-year (YoY).
German factory orders slump as foreign demand plummets
German factory orders plummeted in October as demand for investment goods declined, putting the economy on weak footing in the final months of the year.
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U.K. pushes U.S. to remove Trump-era steel, aluminum tariffs
U.K. Trade Secretary Anne-Marie Trevelyan will press U.S. Commerce Secretary Gina Raimondo on Tuesday to remove Trump-era tariffs on British steel and aluminum after the…
U.S. Winds of Inflation Are Blowing Winter Gale: Eco Week Ahead
The winds of inflation in the U.S. strengthened further in November with consumer prices projected to show the largest annual advance in decades, keeping pressure…
‘China shock’ still shakes world grappling with trade’s future
Twenty years after China’s ascent into the World Trade Organization, governments around the world are grappling with how to handle the exporting juggernaut for the…
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Russia mulls setting wheat export quota at 9 million tons
Russia is discussing setting its wheat-export quota that runs from mid-February through June at 9 million tons, according to people familiar with the matter.
Lithuania appeals to EU as China feud expands to trade dispute
Lithuania’s dispute with China escalated after local media reported that goods from some of its companies were barred from entering Chinese ports.
Transport organizations warn governments’ knee-jerk reaction to Omicron puts supply chains at greater risk
World leaders’ knee-jerk reactions to the Omicron variant are putting transport workers and the global supply chain at greater risk of collapse, warn international transport…
Southern Calif. will continue to see an uneven recovery through 2022
SCAG Economic Summit offers a promising, but cautious forecast as labor shortages and supply chain disruptions continue to impact the regional economy