Air Freight News
Sugar refiner says container shortage limiting Indian exports
A shortage of shipping containers in India, the world’s second-biggest sugar producer, is hurting shipments even as overseas demand stays robust, according to an industry…
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Europe opens door to vaccine-export ban, risking global backlash
The European Union is poised to tighten rules on the export of Covid-19 vaccines in a move that risks fueling a global protectionist battle between…
Yellen boosts European optimism for global digital tax accord
German Finance Minister Olaf Scholz said President Joe Biden’s administration has shown a readiness to clinch an agreement on how to tax global tech companies,…
New Zealand says ally Australia should ‘show respect’ to China
New Zealand has suggested that its close ally and neighbor Australia should follow its lead in treating China with respect in order to mend strained…
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EU demands access to AstraZeneca’s U.K. vaccine supplies in call
A chaotic showdown between AstraZeneca Plc and the European Union is coming to a head in a high stakes meeting on Wednesday with EU officials…
Retail trade groups ask congress to act on Xinjiang forced labor
U.S. retail trade groups are calling on Congress to introduce legislation to end forced labor in the Xinjiang Uyghur Autonomous Region as the issue gains…
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China is so thirsty for soy that America could soon be importing
China’s appetite for U.S. soy is draining silos to the point that American processors may need to import the most beans in years this summer.
Corn futures touch fresh 7-year high on roaring China demand
Corn prices in Chicago reached a seven-year high with China’s appetite for the grain stoking global supply concerns.
EU to end tariffs on $3.4 billion goods if US lifts metal duty
The European Union would immediately lift retaliatory tariffs on about $3.4 billion of U.S. goods if America removes its duties on metals imported from the…
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Frozen fish pileup in China threatens global supply chains
A huge pile up of fish cargoes at a Chinese port risks impacting shipments of frozen food across the country and beyond.