Air Freight News
VW scales back job cuts in labor deal for German truck brand MAN
Volkswagen AG won the backing of powerful labor unions for a stripped back 1.7 billion-euro ($2 billion) profit-improvement plan at its MAN truck division with…
Chile scrambles to regain China’s confidence on cherry imports
Chile, the biggest shipper of sweet cherries, is working to restore confidence among Chinese buyers after social media reports of Covid-19 detections in packaging undermined…
US tries to seize oil shipment it says came from Iran
The U.S. is trying to seize around 2 million barrels of what it thinks is Iranian oil, according to people familiar with the matter, in…
Didi is close to raising $1.5 billion for trucking unit
Didi Chuxing Technology Co. is close to finalizing a $1.5 billion round of funding for its on-demand trucking unit from investors including Temasek Holdings Pte,…
China’s oil demand at risk as millions scrap New Year travel
For Rachel Tian -- and millions of other Chinese people -- Lunar New Year festivities look set to be less of a family affair in…
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EU wants vaccine exports notified after Astra sparks anger
European Union regulators proposed requiring drugmakers to flag exports of coronavirus vaccines in advance as the bloc seeks to step up inoculations amid growing anger…
The world is dangerously dependent on Taiwan for semiconductors
A shortage of auto chips has exposed TSMC’s key role in the supply chain
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China factories go into overdrive but exporters are not happy
Stronger yuan is eating away profits just as new Covid cases could revive  a labor crisis
Oil rises with tighter supply outook overshadowing vaccine woes
Oil gained the most in about a week with expectations for tighter global supply offsetting concerns that a bumpy Covid-19 vaccine rollout will further blunt…
Air Canada drops most in five weeks on virus, travel warnings
Air Canada dropped as much as 6.2%, the most since Dec. 21, as the Canadian government considers tougher measures to limit travel into the country…