Air Freight News
IPhone maker Pegatron to take over casing unit to fight Luxshare
iPhone assembler Pegatron Corp. is taking over Casetek Holdings Ltd., strengthening its position against rising Chinese rival Luxshare Precision Industry Co.
India bars China ships from oil trade as ties strain further
India’s state-owned oil majors have stopped hiring Chinese tankers to ship their crude and petroleum products after relations deteriorated between the two countries, although the…
South Korea’s tech exports accelerate as lockdowns ease globally
The rebound in South Korea’s technology exports accelerated in July, illustrating the pace of recovery in global demand as countries emerge from pandemic-induced lockdowns.
Ford seizes on Euro rally with exports of Explorers and Mustangs
The euro’s rally is delivering a much-needed boost to Ford Motor Co., which has been expanding exports of U.S.-built muscle cars and sport-utility vehicles.
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Russia ditches the dollar for bulk of its exports to China
Russia now receives more euros than dollars for its exports to China, in the latest sign President Vladimir Putin is plowing ahead with his pledge…
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China’s days as world’s factory are over, IPhone maker says
A key supplier to Apple Inc. and a dozen other tech giants plans to split its supply chain between the Chinese market and the U.S.,…
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China to bring up WeChat, TikTok in next US trade talks
U.S. and Chinese negotiators plan to discuss progress of their trade deal in the coming days, with Beijing pushing to widen the agenda to include…
China Banks Act to comply with Trump sanctions on Hong Kong
China’s largest state-run banks operating in Hong Kong are taking tentative steps to comply with U.S. sanctions imposed on officials in the city, seeking to…
Log and lumber exports from Germany
Germany continued to export logs at record pace in early 2020, with almost 50% of the volume destined for China
China is ditching expensive Brazilian soy for US supplies
China, the world’s top soybean buyer, is ditching expensive Brazilian purchases and replacing previously done deals with American supplies, according to people familiar with the…