Air Freight News
Spain pushes for quick EU action to approve Chile trade deal
Spain wants the European Union to move quickly to ink a free-trade deal with copper powerhouse Chile that was put on ice late last year.
Korea early exports rise in sign of resilient global demand
South Korea’s early trade data indicate exports are set to post strong gains in April as powerful U.S. demand shores up global commerce in the…
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Rising freight rates put heavy burden on grain-importing nations
The war in Ukraine will put further pressure on grain-importing countries in Africa and Asia as a reduced number of vessels for delivering cargoes drives…
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Biden probe into solar imports risks 65% of planned US projects
A U.S. Commerce Department trade probe that could result in tariffs against solar imports from Southeast Asian nations is already threatening clean energy projects, according…
US sanctions crypto miner BitRiver over Russian operations
The U.S. Treasury Department imposed sanctions on crypto mining company BitRiver, targeting one of the industry’s largest data-center service providers over its operations in Russia…
Aeroflot may buy Airbus jets, tapping EU sanctions workaround
Aeroflot PJSC is looking at purchasing eight leased Airbus SE jets after the European Union provided a mechanism for financiers to dispose of some planes…
Supply chains “back to square one” as order volumes tumble and late payments derail post-Covid recovery 
• Russian aggression against Ukraine send global supply chains into free fall driving energy shortage and commodity price volatility • Order volumes experience the steepest…
Japan trade deficit extends longest run since 2015 fueled by Yen
Japan’s imports continued to surge, driven by soaring energy prices and a weaker yen, extending a sequence of trade deficits to an eighth-straight month as…
India wants trade pact with U.K. by October, easier worker visas
India is keen to finalize a trade pact with Britain by October and will seek easier access to visas for skilled workers and students when…
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iPhone city is operating normally despite China Covid lockdowns
The world’s biggest iPhone assembly campus, on the outskirts of the central Chinese city of Zhengzhou, is operating normally despite lockdowns and mass Covid-19 testing…