Air Freight News
U.K. inflation pushes up treasury’s debt payments to a record
Inflation took a toll on the U.K. public finances last month, driving interest payments on government debt to unprecedented levels.
Asian exporters show recovery still has legs amid virus fears
Japan and South Korea continued to rack up solid export gains in a sign that the impact of virus variants has yet to have a…
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Drought and heat lift corn and soy amid crop outlook uncertainty
Corn in Chicago touched the highest price in more than two weeks as hot and dry fields in the northern U.S. dims harvest prospects for…
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Wild weather in biggest coffee exporter sparks price surge
The world’s biggest coffee exporter is facing some of the coldest weather in more than 25 years, dimming hopes for the harvest and threatening to…
Raab attacks EU plan for Gibraltar over sovereignty concerns
British Foreign Secretary Dominic Raab lashed out at the European Union’s plan for a post-Brexit deal for Gibraltar, accusing the bloc of trying to undermine…
Ford and Chevrolet the worst hit by microchip shortage, almost 370,000 vehicles taken out of the production
Carmakers across the globe have been struggling to meet customer demand for new cars as the shortage of critical microchips led to plant closures and…
Canada export agency CEO says portfolio will be net zero by 2050
Canada’s national export agency says it plans to commit to net-zero greenhouse gas emissions by 2050 and is working on a range of new sustainable…
Taiwan angers China with first Europe office using its name
Taiwan will set up its first office in Europe using the name “Taiwan,” drawing a rebuke from China and praise from the U.S. as the…
Vale output disappoints in fresh blow to tight iron market
Brazilian mining giant Vale SA produced slightly less iron ore than expected last quarter because of teething problems at a new plant in a fresh…
Biden nominates ex-Obama official Pryor as Export-Import Bank VP
President Joe Biden nominated Judith D. Pryor as first vice president of the Export-Import Bank of the U.S., the nation’s official export-credit agency.