Air Freight News
2022 holiday shopping season off to a solid start at CBRE-managed malls
CBRE’s Americas Head of Retail Research is available to discuss preliminary results from the Black Friday and Small Business Saturday shopping weekend, including feedback from…
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EU rushes to safeguard domestic firms from US climate law
Time is running out for the European Union to resolve a dispute with the US over its massive subsidy program set to come into force…
Hong Kong exports fall for sixth straight month on waning demand
Hong Kong’s exports fell again in October, marking six straight months of decline this year as demand continues to drop off an economic contraction this…
Foxconn offers $1,800 bonus to workers who stay in iPhone City
Apple Inc. partner Foxconn is offering bonuses of as much as $1,800 to existing workers at its Zhengzhou facility, hoping to sustain the staff levels…
China hustles on summit sidelines to challenge US outreach
When Chinese President Xi Jinping and his Indonesian counterpart Joko Widodo sat together last week to watch a trial run of a new China-backed high-speed…
Foxconn offers staff $1,400 to leave after iPhone city violence
Foxconn Technology Group has begun offering 10,000 yuan ($1,400) to any workers who choose to leave, an unusual decision intended to appease disgruntled new hires…
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California farms face $3 billion loss from historic drought
California’s worst drought has left growers in the top US agricultural state facing losses of $3 billion, just as producers brace for more widespread cuts…
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Truckers in Korea strike in latest threat to global supply chains
Truck drivers are on strike in South Korea for the second time in less than a year, targeting major ports in a bid to disrupt…
Erdogan says sanctions on Cuba hamper its trade with Turkey
Turkish President Recep Tayyip Erdogan vowed to quadruple bilateral trade with Cuba, blaming sanctions on the communist island for preventing relations from flourishing.
Hunt contests watchdog’s forecast of 4% Brexit hit to UK economy
Chancellor of the Exchequer Jeremy Hunt contested the UK fiscal watchdog’s projection that Brexit will reduce the size of the economy, saying the split from…