Air Freight News
Chip shortage seen limiting Mexico auto output to 2020 levels
Mexico’s auto output this year is now expected to be similar to last year’s level amid a worldwide chip shortage that had production plants running…
Global PC shipments Hit 141.5M units in first half of 2021, a 10% jump YoY
The recovery of the global PC market gained momentum in the first half of 2021, mainly driven by the growth in gaming notebooks and surging…
South African second-quarter economic growth beats forecasts
South Africa’s recovery from a coronavirus-induced contraction quickened in the second quarter as restrictions to contain the pandemic were eased.
Ikea faces shortages in U.K., Ireland amid supply crunch
Ikea is experiencing product shortages in the U.K. and Ireland as transport issues and the availability of raw materials compound supply problems.
Taiwan expects elevated trade to continue through to 2023
Taiwan is set to reap the rewards of the post-pandemic rebound in global trade and U.S. efforts to reduce economic ties with China all through…
China trade surges to new records on strong U.S., EU demand
China’s export growth unexpectedly surged in August as suppliers likely boosted orders ahead of the year-end shopping season, offsetting any port disruptions due to fresh…
Vietnam’s supply chain role to grow despite Covid, chamber says
Covid has disrupted but not derailed Vietnam’s expanding role in global supply chains and growth prospects, the head of the American Chamber of Commerce in…
Tech crackdown Is a cloud over China economy, ex-WTO Chief says
China’s regulatory efforts to increase control over its technology sector adds another “decoupling engine” to the global economy, which could weigh on Chinese growth prospects,…
U.K. to extend Brexit grace period on Northern Ireland meat checks
The U.K. extended post-Brexit grace periods for trade between Great Britain and Northern Ireland, as it continues discussions with the European Union to defuse one…
Johnson’s Brexit First Strategy Collides With Empty Shop Shelves
Boris Johnson’s reluctance to turn to the European Union to ease a supply chain crisis that has seen shelves in supermarkets run empty has highlighted…