Air Freight News
Global trade is already suffering from war, Kiel Institute says
Nearly all economies are already seeing a drop in international trade tied to disruptions triggered by Russia’s war in Ukraine, according to the Kiel Institute…
Vietnam suspends Catfish exports to Russia on sanction impact
Vietnam’s catfish and tuna exporters suspended shipments to Russia and Ukraine and are refraining from entering new contracts after the U.S. and Europe imposed sanctions…
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U.S. transportation sector unemployment rate increases to 5.4% in February 2022
Remains above pre-pandemic level of 3.8% in February 2020
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Philadelphia CBP tells Miami resident: ‘No soup for you’
Officers seize canned concoction of banned broth
Commerce takes further actions to target Russian strategic industries and punish enablers of aggression
The U.S. Commerce Department, through its Bureau of Industry and Security (BIS), has taken two additional actions in response to Russia’s brutal assault on the…
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ASA President testifies before House Ag. Committee
Earlier this week, ASA President Brad Doyle (AR) testified during the U.S. House of Representatives Agriculture Committee’s hearing on Title I of the farm bill,…
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Commodities’ historic week sends shock waves around the world
Commodities are wrapping up a historic week as Russia’s invasion of Ukraine roils markets, with foodstuffs soaring, metals setting records, and oil in the throes…
Thai inflation surges to highest since 2008 on fuel, food costs
Thailand’s retail inflation accelerated at the fastest pace since 2008 as the net oil importer struggled to cope with rising energy and fresh food costs,…
China-backed development banks halt Russia loans amid sanctions
The China-backed Asian Infrastructure Investment Bank halted all businesses with Russia and Belarus amid rising geopolitical tensions, a sign of Beijing’s cautious approach to financial…
Swatch group halts exports to Russia but keeps stores open
Swatch Group AG is halting exports to Russia but will keep its stores open to continue selling Omega, Longines and Tissot watches to Russian customers.