Air Freight News
NAWE urges U.S. Trade Representative to reconsider tariffs on ship-to-shore gantry cranes
The National Association of Waterfront Employers (NAWE) has submitted comments to the Office of the United States Trade Representative (USTR) strongly opposing the Administration’s proposed…
Saudis warned G-7 over Russia seizures with debt sale threat
Saudi Arabia privately hinted earlier this year it might sell some European debt holdings if the Group of Seven decided to seize almost $300 billion…
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Russian tycoons pocket $11 billion dividends on war economy boom
Russian tycoons received billions of dollars in dividends as their companies resumed or boosted payouts amid easing economic uncertainty over the Kremlin’s war in Ukraine.
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AI boom drives fastest growth in Taiwanese exports since 2022
Taiwan’s exports rose at the fastest pace since February 2022, with shipments of tech products jumping more than fourfold.
Conflict in Congo threatens trade in key metals, UN experts say
Companies buying metal sourced from central Africa could be exposing themselves to United Nations sanctions for supporting war in eastern Democratic Republic of Congo, according…
Kenya begins levying import duties as regional deal kicks in
Kenya began collecting import duties on everything from diapers to peas as part of a regional pact that remains unaffected by President William Ruto’s decision…
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India mulls easing rice export limits in boon to world buyers
India, the world’s top rice shipper, may relax restrictions on exports of some varieties to avoid a glut in the country before the new crop…
China only recently responded to EU on tariffs, ambassador says
China responded only recently to the European Union’s requests for talks in the bloc’s investigation into subsidies for electric vehicles despite its attempts to engage…
China’s BYD is poised to build $1 billion EV plant in Turkey
Turkey will soon unveil an agreement with BYD Co. to construct a $1 billion plant in the west of the country, Turkish officials said, boosting…
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Global trade resumes growth in first quarter of 2024
The growth was fueled by positive trade dynamics for the United States and developing countries, and in sectors related to green energy and artificial intelligence.