Air Freight News
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European steel mills waver on decarbonization despite promise of public funding/ Rystad Energy
As the energy transition continues at pace, reducing the carbon footprint of traditionally high-emitting industries is increasingly crucial to limiting global emissions.
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Yen’s sustained weakness frustrates even Japanese exporters
Japan’s companies are expressing unusual discomfort with the weak yen, just as the country’s government appears to be stepping in to prop up its tumbling…
Turkey halts all trade with Israel over war in Gaza
Turkey stopped all trade with Israel as of Thursday, according to two Turkish officials familiar with the matter, adding to already high-running tensions between the…
French cognac producers push for deal on China dumping probe
Cognac makers hit with allegations of dumping French brandy in China called for a deal to end the dispute ahead of President Xi Jinping’s state…
US sanctions firms in China, UAE for support of Russia’s war
The US on Wednesday announced sanctions on nearly 300 companies and individuals, including in China and the United Arab Emirates, for alleged support of Russia’s…
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Canada unexpectedly flips to deepest trade deficit since June
Canada recorded a goods trade deficit of C$2.28 billion ($1.7 billion) in March, the widest since June 2023 and missing expectations in a Bloomberg survey…
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South Korea’s export growth picks up, led by record US demand
South Korea’s export growth accelerated last month, led by record demand from the US fed by strong economic momentum as China struggles to recover from…
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Mexico tariffs on steel, plastics to affect 7% of total imports
Mexico’s decision to slap tariffs on some goods from countries with which it doesn’t have trade agreements will only affect about $48 billion of the…
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Senate passes Russian uranium import ban, sending to Biden
The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the White House which has…
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Agility’s CEO for Africa discusses the continent’s opportunities and challenges
AJOT interviews Geoffrey White, long-standing CEO Africa of Kuwait-based logistics group Agility, who provides insights into trade in Africa, the challenges faced and the opportunities…