Air Freight News
Trump plans order seeking to return drug production to US
President Donald Trump plans to sign an executive order Thursday that would encourage the production of certain drugs and medical supplies in the U.S., following…
Korean Air’s quarterly profit defies coronavirus travel slump
Korean Air Lines Co. provided some rare positive news for the devastated global aviation industry Thursday, reporting a quarterly profit after flying planes loaded with…
Thai trade groups seek Custom quarantines for foreign investors
Thailand can spark a revival in foreign investment and stimulate its economy by creating alternative quarantine programs for foreign business travelers, according to a group…
US sanctions Zimbabwe’s ‘Queen Bee’ over corruption
The U.S. sanctioned Zimbabwean businessman Kudakwashe Tagwirei, an adviser to the President Emmerson Mnangagwa, for alleged corruption it said has derailed the nation’s economic development.
Canada’s trade gap widens sharply on surge in auto imports
Canadian trade with the rest of the world surged in June as the global economy rebounded from Covid-19 lockdowns.
US trade gap narrows as autos spur record exports increase
The deficit in U.S. trade of goods and services narrowed in June for the first time since February as exports jumped, though shipments remained well…
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China to import most wheat in seven years to ensure food supply
China will boost wheat imports in the coming year to secure domestic food requirements and is likely to increase purchases from the U.S. to help…
Palm oil imports by biggest buyer expected to hit 10-month high
Palm oil imports by India probably surged 46% last month as a drop in stockpiles in the world’s biggest buyer prompted refiners and traders to…
U.S., China plan to review phase-one trade deal mid-month
Senior U.S. and Chinese officials are planning to assess the nations’ trade agreement this month against a backdrop of rising tensions between the countries, according…
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Trump’s long-shot bid for cut of TikTok sale echoes his border wall pledge
A new border wall paid for by Mexican pesos flowing to the U.S. Treasury. Payments for farmers and ranchers funded by tariffs on Chinese goods…