Air Freight News
South African business mood slumps after riots, port disruptions
South African business confidence slumped in the third quarter as deadly riots, looting and arson disrupted supply chains and restricted economic activity.
Irish food firms report Brexit disruption as price rises loom
Irish businesses are seeing their input costs rise, with signs price increases will be passed onto customers emerging.
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Hurricane snarls send U.S. soybean shipments plummeting
A key measure of U.S. soybean shipments plunged to a seven-year low after Hurricane Ida blasted through the country’s busiest agriculture port, snarling trade just…
Mexico and U.S. seek to mend damaged ties in Washington summit
Mexico is seeking to strengthen supply chains and speed up economic help to the south of the country and Central America in meetings with the…
Chip shortage seen limiting Mexico auto output to 2020 levels
Mexico’s auto output this year is now expected to be similar to last year’s level amid a worldwide chip shortage that had production plants running…
Global PC shipments Hit 141.5M units in first half of 2021, a 10% jump YoY
The recovery of the global PC market gained momentum in the first half of 2021, mainly driven by the growth in gaming notebooks and surging…
South African second-quarter economic growth beats forecasts
South Africa’s recovery from a coronavirus-induced contraction quickened in the second quarter as restrictions to contain the pandemic were eased.
Ikea faces shortages in U.K., Ireland amid supply crunch
Ikea is experiencing product shortages in the U.K. and Ireland as transport issues and the availability of raw materials compound supply problems.
Taiwan expects elevated trade to continue through to 2023
Taiwan is set to reap the rewards of the post-pandemic rebound in global trade and U.S. efforts to reduce economic ties with China all through…
China trade surges to new records on strong U.S., EU demand
China’s export growth unexpectedly surged in August as suppliers likely boosted orders ahead of the year-end shopping season, offsetting any port disruptions due to fresh…