Air Freight News
Indonesia’s exports beat estimates to hit new high on coal surge
Indonesia’s exports bill surged to a fresh all-time high in August, driven by robust demand for the nation’s coal, minerals and other agricultural commodities.
Japan’s record trade deficit shows growing pain of feeble yen
Japan’s trade deficit ballooned to a record in August that highlights the increasing pain of the weak yen as import costs spiral upwards, adding to…
India’s state bank opening rupee accounts for trade with Russia
State Bank of India, the country’s largest lender, is opening special rupee accounts to handle Russia-related trade settlements in the local currency but is not…
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South Korea, US will step up efforts to resolve electric-vehicle spat
South Korea and the US are stepping up efforts to resolve a dispute over electric-vehicle subsidies, as they seek closer cooperation on Asia-Pacific supply chains,…
EU doesn’t single out China in planned ban on forced labor goods
The European Union wants to ban products made with forced labor in a broad proposal meant to address China’s alleged abuse of Uyghur labor, although…
NRF reports retail shrink nearly a $100B problem
Retail shrink, when taken as a percentage of total retail sales in 2021, accounted for $94.5 billion in losses last year, up from $90.8 billion…
Imported goods drive Ghana inflation to 21-year high
Ghana’s inflation rate climbed to the highest level in 21 years in August as the price of imported goods continued to surge, fueled by a…
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US and Mexico express optimism on resolving energy dispute
Senior US and Mexican officials expressed optimism after a round of meetings in Mexico City that they can resolve a dispute over President Andres Manuel…
NIST and Google to create new supply of chips for researchers and tech startups
Cooperative research agreement aims to unleash innovation in the semiconductor and nanotechnology industries.
Soybeans gain most since mid-2021 on supply-squeeze surprise
(Bloomberg) -- Soybean futures climbed 5.4%, the most in more than a year, after a closely watched crop report signaled shockingly tight supplies.