Air Freight News
VW’s Traton eyes China push after $3.7 billion Navistar deal
Volkswagen AG’s Traton SE truck unit will seek to expand in Asia to build a broader global presence, after finalizing the $3.7 billion takeover of…
Turkey repatriates overseas energy firms due to sanction threats
Turkish President Recep Tayyip Erdogan approved the formation of two energy companies on Wednesday as Turkey moves some state-owned companies home against the threat of…
Emirates gears up for summer surge as travel demand improves
Emirates expects more than 450,000 passengers to travel through its Dubai hub next month amid a surge in demand over the summer.
Saudi Arabia plans second national airline in transport push
Saudi Arabia plans to start a second national airline in an effort to turn the oil-rich kingdom into a transport hub and help diversify its…
China’s manufacturing holds firm with price pressures easing
China’s manufacturing output continued to expand in June, a key survey showed, with signs that price pressures are easing as the government clamps down on…
The airline making money off grounded Boeing 737 Max jets
Airlines follow a pretty simple formula for success -- fill as many seats and fly as many hours as possible, and keep a young fleet.…
Steep drop in car production hits Japan factory output hard
Japan’s factory output slid sharply in May, as semiconductor shortages dented car production and manufacturers of all kinds pulled back amid yet another round of…
Workhorse says it didn’t get a fair shot at big Postal van award
The U.S. Postal Service didn’t give Workhorse Group Inc. a fair shot at a contract worth as much as $6 billion to build mail delivery…
US trade deals have added half a million jobs, agency says
U.S. free-trade agreements reached over the past 3 1/2 decades have had a “small but positive” effect on the world’s biggest economy, a report by…
US should distance from Trump-era trade, key EU official says
The Biden administration should take a different approach to trade than that of its predecessor to help improve the U.S. economy, a key European Commission…