Air Freight News
US adds seven Chinese supercomputing firms to export-ban list
The U.S. added seven Chinese supercomputing firms to a list of entities banned from receiving exports from American companies, citing activities contrary to the national-security…
Europe gasoline rockets despite demand blight from lockdowns
As Europeans drive less, the price they’re paying for gasoline to power their cars is moving higher as the continent’s oil refineries boost exports --…
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Biden infrastructure plan seeks $571 billion in transport funds
President Joe Biden’s proposed infrastructure bill calls for $571 billion in additional transportation spending over current federal levels, and $50 billion to make infrastructure more…
Yuan erases year’s gains against dollar while PBOC steps aside
China’s yuan is hurting after months of standing tall against the dollar.
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Granite bound for US countertops delayed by container shortage
The American quest for swankier kitchens is running into difficulties importing granite slabs for countertops and vexing industries ranging from trucking to interior decorating.
Low-cost carrier Avelo starts flights with an eye on Southwest
One of two new U.S. low-cost airlines, the first to debut in more than a decade, is about to begin flying just as larger rivals…
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Rising pork demand drives US hog prices to highest since 2014
Lean hogs, one of this year’s best-performing commodities, are fetching the highest U.S. prices since 2014 as pork-pricing changes in the Philippines lift demand prospects.
Australia Trade Minister tells China sovereignty non-negotiable
Australian Trade Minister Dan Tehan said the government will protect the country’s sovereignty and national interest, in response to a warning from China’s ambassador that…
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EV-battery rivals prod Biden with rare trade veto in balance
Two of the world’s largest electric-vehicle battery makers have hired top Washington insiders to hold near-daily meetings with the Biden administration in a battle that…
DCSA track & trace standards adopted by majority of member carriers
Digital Container Shipping Association (DCSA), a neutral, non-profit group established to further digitalisation of container shipping technology standards, today announced that a majority of its…