Air Freight News
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Factory slowdown in Europe and Asia is warning for global trade
Closely watched gauges of manufacturing in Europe and Asia fell amid intensifying fallout from the war in Ukraine and an economic slowdown in China.
Commerce Department releases RFI results on CHIPS program
Report details public recommendations for supporting a strong domestic semiconductor industry
Korea trade deficit swells to record on weak won, strong energy
South Korea posted a record trade deficit in August as the currency hovered around a 13-year-low and energy prices remained elevated, swelling the cost of…
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SolarEdge faces potential imports ban as ITC launches probe
SolarEdge Technologies Inc.’s solar power optimizers and inverters could face an imports ban as the US International Trade Commission said it would investigate a smaller…
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Walnut exporters are looking for ways around clogged California port
US nut exporters -- fed up with delays at California’s Port of Oakland -- are in talks with top steamship and rail carriers for a…
Argentina eyes FX incentive for soy exporters in bid for dollars
The Argentine government is considering a special, temporary exchange rate for soy exporters in September in a bid to boost its dollar holdings and cash…
Canada’s rail upsets may stall much-needed grain shipments
The world desperately needs more grain, and Canada is set to harvest a bumper crop. The only problem is that snags in the country’s railway…
China slowdown means contrasting fortunes for Asia’s exporters
China’s economic growth slowdown has triggered a stark contrast in fortunes for its trading partners across Asia, with northern neighbors suffering while economies in the…
Korean chipmakers record first drop in shipments in three years
South Korean chipmakers recorded their first fall in factory shipments in almost three years in July, highlighting weakening demand for semiconductors that serve as a…
Trafigura told by Ecuador to avoid Russia oil amid sanctions
Ecuador’s state oil company told commodity trader Trafigura Group to avoid importing Russian fuels into the Latin American nation amid concerns the country may get…