Air Freight News
US targets Chinese company in broader Russia sanctions push
The US unveiled new sanctions Thursday aimed at blunting Russia’s ability to wage war in Ukraine, including by targeting a Chinese company that allegedly provided…
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Japan, Netherlands to join US in chip controls on China
Japan and the Netherlands are poised to join the US in limiting China’s access to advanced semiconductor machinery, forging a powerful alliance that will undercut…
EU proposes new sanctions on Belarus, targeting energy and tech
The European Union has proposed a fresh round of sweeping sanctions targeting Belarus for its role in supporting Russia’s invasion of Ukraine, according to documents…
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Global phone shipments plunge most ever as consumers spend less
Global smartphone shipments suffered their worst quarterly drop on record in a clear sign of cooling consumer demand that signals more pain for manufacturing hubs…
Hong Kong exports drop most since 1950s as demand weakens
Hong Kong’s exports plunged in December by the most since the 1950s, extending a monthslong streak of declines fueled by China’s slowdown and a global…
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US senators urge Biden to compel Mexico, Canada trade compliance
The top senators on the committee that deals with trade urged President Joe Biden to pursue enforcement action against Canada and Mexico in areas where…
Turkey offers favorable lira rate for converting exporter income
Turkey will provide a more favorable exchange rate to exporters that convert their foreign income into lira and don’t use the proceeds to buy hard…
UK to eliminate tariffs on more than 3,000 exports from Nigeria
The UK government will eliminate tariffs on more than 3,000 products it imports from Nigeria in a bid to boost trade with Africa’s largest economy.
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How Europe needs freight trains to cross Russia from China
Giving Ukraine modern tanks remains a key question facing Kyiv’s allies after a meeting of top defense officials in Germany on Friday yielded little progress.…
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ASML warns excessive export controls could inflate chip costs
ASML Holding NV Chief Executive Officer Peter Wennink warned excessive control measures could lead to higher costs for chipmakers, as the US asks allies from…