Air Freight News
Biggest Airbus A320neo customer hands GE major engine order
The biggest customer for Airbus SE’s top-selling A320 narrow-body has chosen General Electric Co. engines for a massive order, after pitting the conglomerate against its…
U.K. seeks long transition to tariff removal in Australia deal
The U.K. government is seeking to phase in tariff cuts for agricultural products in its potential post-Brexit trade deal with Australia, according to a person…
Late German billionaire’s heirs unwind the patriarch’s last deal
One of Germany’s wealthiest families is selling down the last major investment of Heinz Hermann Thiele, three months after the billionaire patriarch’s death.
U.K. truck driver shortage after Brexit emerges as drag on trade
Almost a third of U.K. logistics companies expect to face trucker shortages this year, and a 10th say recruitment issues will pose an “extreme barrier”…
China’s embrace of sanctions costs it an investment deal with EU
China has defended retaliatory sanctions on the European Union after lawmakers in the bloc voted to freeze an investment deal agreed to late last year.
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Daimler Truck profit push keeps shares rolling ahead of spinoff
Daimler AG’s sprawling truck unit sketched out plans to turn its unrivaled global scale into better financial results ahead of its spinoff from Mercedes-Benz luxury…
Myanmar slashes trade target by 16% on Covid after crippling coup
Myanmar, which has been in turmoil since a military coup in February, cut its trade target for this year by 16%, citing the impact of…
CP Rail sticks with bid for K.C. Southern, urging it to dump CN
Canadian Pacific Railway Ltd. declined to boost its $25 billion bid for Kansas City Southern and urged the U.S. carrier to reject Canadian National Railway…
China to tax dirty oil flows from next month
China will start taxing imports of dirty fuels used to make lucrative but lower quality products from next month, citing pollution concerns and the need…
Korea early exports surge as vaccines spur global reopening
South Korea’s early trade data show exports are set to surge in May as vaccinations allow a broader reopening of major economies.