Air Freight News
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Europe needs more and cheaper EVs. Tariffs will keep them costly
The European Union needs more and cheaper electric vehicles. Brussels’ decision to impose new tariffs on Chinese-made models will keep prices higher for longer, and…
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Tesla presses EU for lower tariff on EVs shipped in from China
Tesla Inc. has asked the European Union to subject its electric vehicles to a lower tariff rate than other manufacturers shipping cars into the bloc…
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Southwest urged by second big investor to replace leadership
A second major Southwest Airlines Co. investor has joined the call for a shakeup in the carrier’s board and executive leadership team, upping the pressure…
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Jack London Square receives international award for Alzheimer’s Awareness program
Forget Me Not Alzheimer’s Awareness Program recognized for innovation...
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Dry weekly market monitor - week 24, 2024
This week's chart visualizes the 14-day moving average of actual port days for energy cargo at Far Eastern ports, comparing the Capesize, Panamax, and Supramax…
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AAR reports weekly rail traffic for week ending June 8, 2024
For this week, total U.S. weekly rail traffic was 489,916 carloads and intermodal units, up 4.1 percent compared with the same week last year...
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China exports deflation but US isn’t benefiting as ties weaken
While the US and allies decry China’s industrial “overcapacity” and prepare to sharpen tariffs in response, those embracing links with the factory to the world…
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China’s binge on US fuel is biggest oil demand driver
Chinese purchases of a relatively niche type of fuel from the US have been the single biggest contributor to global oil demand growth in recent…
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Australia hopeful wine trade with China to recover as sales jump
Australia is optimistic the nation’s wine trade with China will fully recover after sales surged following the end of punitive tariffs.
US expands Russia sanctions to target LNG projects, chips
President Joe Biden’s administration is expanding the use of secondary sanctions on Russia with an eye toward curtailing the sale of semiconductor chips and other…