Air Freight News
Hong Kong jobless rate jumps to highest in over 15 years
Hong Kong’s unemployment rate rose in June to the highest in more than 15 years, as the city’s economy remains under pressure from the coronavirus…
World’s most food-insecure region hit by lockdown price boom
Panic buying and lockdown-driven price increases pushed up food prices in major economies in sub-Saharan Africa, the world’s most food-insecure region.
Tesla, Toyota Motors help obscure Japanese supplier thrive
Deep in the electric-vehicle industry’s supply chain is a little-known Japanese manufacturer that makes a seemingly mundane, but essential, device: coil-winding machines.
Chinese AirPods maker soars on deal to assemble iPhone amid trade tensions
Luxshare Precision Industry Co. surged as much as 7% after clinching a deal to become the first mainland Chinese company to assemble Apple Inc.’s iPhone…
Japan starts paying firms to cut reliance on Chinese factories
Japan’s government will start subsidizing some companies to invest in factories in Japan and South-East Asia as part of efforts to reduce reliance on manufacturing…
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Brexit Negotiators in Tense Standoff, Dashing Hope of Swift Deal
When Prime Minister Boris Johnson held a video conference with the leaders of the European Union last month, officials on both sides came away optimistic…
Japan’s export slump drags on even as markets reopen
Japanese exports fell by more than 20% for a third straight month even as key markets started to reopen from virus shutdowns.
Thailand Forges New Path for Food Exports to China Amid Pandemic
Thailand is turning to a less-traveled path to bypass supply-chain roadblocks and deliver perishables to China, its biggest customer in Asia.
Brexit red tape is jackpot for customs boffins
The next big money-making opportunity of Brexit has emerged: selling customs services.
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Apple iPhone assembler joins wave of tech investment in India
Apple Inc. assembly partner Pegatron Corp. is making preparations for its first plant in India, adding to a large influx of foreign tech investments in…