Air Freight News
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US details Chinese aluminum, a suspected product of forced labor
The US is issuing notices to buyers that it is detaining certain aluminum products coming from the Xinjiang Uyghur Autonomous Region, shipping company AP Moller-Maersk…
OPEC+ keeps output steady amid China and Russia uncertainty
An OPEC+ committee recommended keeping crude production steady as the oil market awaits clarity on demand in China and supplies from Russia.
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US sets up dispute panel on Canadian dairy quotas under trade deal
The US set up a second dispute-settlement panel to resolve differences with Canada over its dairy quotas, saying Ottawa is still undermining access to its…
South Korea’s export decline persists as global economy weakens
South Korea’s export slump persisted in January, highlighting a rapidly cooling global economy as rising interest rates weaken demand.
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Biden team weighs fully cutting off Huawei from US suppliers
The Biden administration is considering cutting off Huawei Technologies Co. from all of its American suppliers, including Intel Corp. and Qualcomm Inc., as the US…
Nickel gets fresh supply risk as Philippines mulls export tax
The Philippines, the world’s second-biggest nickel supplier, may follow neighboring Indonesia by taxing exports of the metal, adding to supply uncertainties as the market adjusts…
Angola, Zambia, Congo set up joint agency to manage key trade corridor
Angola, Zambia and Democratic Republic of Congo agreed to establish a new agency that will oversee the development of a trade corridor to and from…
Taiwan export orders fall in 2022 for first time in three years
Taiwan’s export orders fell last year for the first time since 2019, with a steep decline in December that suggests more concern ahead for the…
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Apple supplier in India begins making components for AirPods
A key Apple Inc. supplier has begun making components for AirPods in India, marking a significant step in the US tech giant’s push to expand…
EU seeks to simplify rules in global race to boost clean tech
The European Union is seeking to rapidly accelerate production of clean technologies by offering tax credits and domestic subsidies to companies in a bid to…