Air Freight News
Thanks to China, it’s year of the Black Swan
The Wuhan virus is only the most recent surprise event to challenge Beijing’s economic partners.
US GDP growth masks biggest decline in imports since 2009
President Donald Trump has staked his re-election campaign on a U.S. economy that in his telling has become a “roaring geyser of opportunity.” Thursday’s latest…
BEA news: Gross Domestic Product, 4th quarter and year 2019 (advance estimate)
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today: Real gross domestic product (GDP) increased 2.1 percent in the fourth…
CBP processed $2.7 trillion of imports, 410 million travelers in FY 2019
U.S. Customs and Border Protection released its annual Fiscal Year (FY) 2019 trade and travel report today. According to the report, CBP personnel processed $2.7…
Super Bowl plans drive record avocado imports from Mexico
Americans gearing up for the Super Bowl this Sunday helped push imports of Mexican avocados to the best week of all time.
US opens channel to provide humanitarian assistance to Iran
The U.S. announced it has opened a banking channel via Switzerland to provide humanitarian aid to Iran, nearly two years after President Donald Trump withdrew…
Pompeo brushes off tensions to hand Johnson a Brexit trade boost
U.S. Secretary of State Michael Pompeo said the so-called special relationship with the U.K. is “in a fantastic place,” as he promised to prioritize sealing…
Russia closing border with China to affect people, not goods
Russia’s move to close its land border with China is targeting passengers, leaving freight unaffected for now, the government said Thursday.
Virus raises worry China won’t meet US trade-deal pledges
China’s promises in its phase-one trade deal to increase purchases from the U.S. -- which experts already were calling unrealistic -- will be even tougher…
Ross says coronavirus may help bring back jobs to US
Commerce Secretary Wilbur Ross said Thursday that the deadly coronavirus may hurt the Chinese economy and push jobs back to the U.S.