Air Freight News
EU’s new import rules cost South African citrus exporters $12 million
The European Union’s new import rules requiring exporters to apply cold treatment to oranges heading to Europe have cost South African citrus exporters’ 200 million…
Ex-Arm boss resigns from SMIC’s board as US-China tensions rise
Tudor Brown, the former president of Arm Ltd., has resigned from the board of Semiconductor Manufacturing International Corp., stepping away from the Chinese chipmaker that…
South Korea’s tech exports drop in sign of cooling global demand
South Korea’s technology exports declined for the first time in more than two years in July, in a sign that global demand is cooling as…
Goldman sees blow to Taiwan economy if China trade hit persists
Taiwan’s economy could take serious damage if tensions with China lead to broad and lasting disruptions in cross-strait trade, with large global repercussions possible, warned…
Marcos rejects 300,000 ton sugar import plan
Philippine President Ferdinand Marcos Jr. rejected a plan to import as much as 300,000 metric tons of sugar, Press Secretary Trixie Cruz-Angeles said.
France pushed off top spot as Europe’s biggest exporter of power
France has lost its position as Europe’s biggest exporter of electricity as the nation struggles with extended outages at its nuclear power fleet.
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Historic drought threatens to cripple European trade
From the Rhine to the Danube, waterways are failing at the worst possible moment as the climate crisis worsens.
Statement from U.S. Secretary of Commerce Raimondo on signing of CHIPS and Science Act
U.S. Secretary of Commerce Gina M. Raimondo released the following statement following President Biden’s signing of the CHIPS and Science Act of 2022.
Brexit red tape hurt Irish firms more than Covid supply snarls
More than half of Irish businesses said they experienced increased regulatory burdens because of Brexit in 2020 -- exceeding the 40% that endured global supply…
US says Chinese firm broke export rules in ZTE, Iran contracts
A US agency dealing with national security said Far East Cable Co. violated American export-control rules by signing contracts with Chinese networking giant ZTE Corp.…