Air Freight News
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Swiss to reduce F-35 fighter jet order from US as costs rise
Switzerland said on Friday it would reduce the number of Lockheed Martin F-35A Lightning II fighter jets it is buying from the United States so…
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Oil inches lower on oversupply concerns, on track for weekly loss
Oil prices inched lower on Friday and were on track for a weekly decline as investors focussed on a supply glut and potential Russia-Ukraine peace…
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Major automakers say China poses ‘clear and present threat’ to US auto industry
Major automakers on Thursday urged Washington to prevent Chinese government-backed automakers and battery manufacturers from opening U.S. manufacturing plants, warning the industry's future is at…
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U.S. International trade in Goods and Services, September 2025
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $52.8 billion in September, down…
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Interpol-led global wildlife sting makes record seizures of animals, plants, timber
Law enforcement agencies from 134 countries seized a record number of illegally traded live animals between September and October, underlining a growing demand for exotic…
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US House committee approves Africa trade bill, no mention of South Africa exclusion for now
A U.S. House committee on Wednesday approved a bill that would renew for another three years Washington's preferential trade programme for Africa, and there was…
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US can replicate revenues if Supreme Court rules against IEEPA tariffs, trade chief says
The United States can use other measures to recreate the roughly $200 billion in revenues it is collecting under tariffs based on a 1977 law…
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US September trade deficit lowest in more than five years as goods exports soar
The U.S. trade deficit unexpectedly narrowed in September, touching the lowest level in more than five years, as exports accelerated and imports rose marginally, suggesting…
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Canada posts C$153 million trade surplus in September
Canada posted a C$153 million ($111 million) trade surplus in September, as exports grew and imports fell, Statistics Canada said on Thursday. This was the…
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Stocks recoil as investors get Fed, AI earnings jitters
Global stocks dipped on Wednesday as crunch time neared for a divided Federal Reserve policy board and earnings results that could test sky-high AI...