Air Freight News
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Oil steadies as market assesses potential disruption in Iran, dealmaking for Venezuela
Oil prices rose on Friday on concerns about potential disruption to Iran's output and uncertainty about supply from Venezuela.  Brent futures were up 59...
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European stocks hit record high as Glencore jumps on Rio Tinto interest
European shares hit an all-time high on Friday, lifted by an 8.3% jump in Glencore that put the STOXX 600 index on track for its…
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Importers brace for $150 billion tariff refund fight if Trump loses at Supreme Court
Company executives, customs brokers and trade lawyers are bracing for a Supreme Court ruling on the legality of President Donald Trump's sweeping global tariffs -…
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US container imports dropped 5.9% in December on continued China slump, Descartes says
U.S. container imports fell 5.9% in December to end the year down 0.4% from 2024 after President Donald Trump's tariff policies slashed shipments from China,…
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Canada recorded smaller-than-expected trade deficit in October
Canada recorded a smaller-than-expected trade deficit of C$583 million ($419 million) in October, when imports increased at a greater pace than exports, official data indicated…
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French farmers block Paris streets in protest against Mercosur trade deal
French farmers blockaded roads into Paris and landmarks like the Arc de Triomphe with tractors on Thursday in protest against a sweeping trade deal the…
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Africa: US and China go head-to-head in battle for continent’s railways
Africa’s rail networks are emerging as a geopolitical battleground as the US and China invest billions to control mineral supply chains critical to defense, EVs,…
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Why Saudi-UAE trade ties remain resilient despite Yemen tensions
Turmoil in Yemen's south has exposed a major feud between Saudi Arabia and the United Arab Emirates, yet their $30 billion trade ties are proving…
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BlueScope Steel rejects $9 billion takeover offer
BlueScope Steel is rejecting an $A$13.2 billion ($8.92 billion) buyout bid from SGH and U.S.-based Steel Dynamics, the Australian steelmaker said on Wednesday, and accused…
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Brazil surpassing US as top beef producer, easing global supply squeeze
Brazil surpassed the U.S. as the world's top beef producer last year, according to market estimates, after the South American country beat output forecasts by…