Air Freight News
Canada posts sixth straight monthly trade deficit in August
Canada recorded a bigger-than-expected trade deficit of C$1.1 billion ($806 million) in August, its sixth consecutive monthly shortfall, as imports rose while exports declined, Statistics…
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Uber to launch AI assistant powered by OpenAI’s GPT-4o to help drivers go electric
Uber Technologies will roll out an AI assistant powered by OpenAI's technology to help drivers transition to electric vehicles, as part of its efforts to…
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China is oversupplying lithium to eliminate rivals, US official says
Chinese lithium producers are flooding the global market with the critical metal and causing a "predatory" price drop as they seek to eliminate competing projects,…
China targets EU brandy in EV tariff vote tit-for-tat
China imposed temporary anti-dumping measures on imports of brandy from the EU on Tuesday, hitting French brands including Hennessy and Remy Martin, days after the…
Oil rally pauses as investors await Israeli response
A rally in oil prices took a break on Tuesday as the market waits for Israel's response to last week's Iranian rocket attacks that prompted…
US trade deficit narrows sharply in August
The U.S. trade deficit narrowed sharply in August as exports increased and imports fell, suggesting that trade could be a small drag on economic growth…
Arcadium deal could power Rio Tinto’s entry into lithium supplier big league
Rio Tinto is in talks to buy lithium producer Arcadium Lithium, pursuing a deal that could make the Anglo-Australian miner the third-largest producer of the…
Denmark postpones green hydrogen transmission roll-out to Germany to 2031
Denmark will postpone the roll-out of a green hydrogen transmission pipeline between western Denmark and northern Germany by three years to 2031 from 2028, the…
Brazil’s Potencial to invest $109 million to turn biodiesel plant into world’s largest
Brazil's Grupo Potencial announced on Tuesday an investment of 600 million reais ($108.86 million) to increase biodiesel output at one of its plants, giving the…
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Mohr Capital completes rail-capable industrial project in Surprise, Arizona
JLL serves as the exclusive leasing broker for just-delivered, Class A West Summit at Surprise