Air Freight News
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South Africa remains a top hotspot for cargo crime
New report highlights country’s ongoing vulnerability to cargo theft as well as the trends during the first half of 2020. These include: · Hijacking of…
UK, EU blame each other as trade talks make slow progress
U.K. and European Union officials blamed each other for failing to compromise as they made little apparent progress toward a trade accord ahead of a…
Oil pares gain with stimulus concerns offsetting China data
Oil eased off of session highs as an impasse in U.S. stimulus talks countered data from China showing robust crude imports.
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Timing of EU tariff hit on US may hinge on election winner
The World Trade Organization on Tuesday said the European Union could impose tariffs on $4 billion of U.S. exports, but the bloc will likely withhold…
IMF cuts India’s outlook further as economy faces worst EM slump
India’s economic growth forecast was slashed further by the International Monetary Fund on Tuesday, with the South Asian nation now facing the biggest contraction of…
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Australia seeks clarity from Beijing on coal import ban
The Australian government is seeking clarification from Beijing on reports that China has suspended purchases of Australian coal amid heightened diplomatic tensions between the two…
EU says no breakthrough in Brexit talks and places onus on UK
The U.K. and European Union have made only limited progress toward a trade deal and the onus is on the British to move, the bloc’s…
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China bolsters its dominance of global trade
China is cementing its status as the world’s dominant trading nation, confounding warnings that a once in a century pandemic combined with simmering tensions with…
Oil rises near $40 after recovery in Chinese crude imports
Oil edged higher as data showed Chinese crude imports rose last month.
EU leaders to debate contingencies for failure of UK talks
European Union leaders will discuss preparations for the potential collapse of trade talks with the U.K. when they hold a summit later this week after…