Air Freight News
China-Canada trade is going strong despite Huawei feud
China’s share of Canadian trade is moving higher, even amid the worst diplomatic crisis between the two countries since they established ties.
Boeing cuts jetliner-sales forecast 11% on decade-long slump
Boeing Co. sees a turbulent ride ahead for the world’s jetliner market, with sales contracting sharply this decade before eventually rebounding in the 2030s as…
AirAsia long-haul arm pitches dramatic overhaul to survive
AirAsia Group Bhd.’s long-haul arm proposed a sweeping restructuring plan that would wipe out almost 63.5 billion ringgit ($15.3 billion) in debt and save the…
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iPhone makers win nod for $143 billion India manufacturing plan
Major iPhone assemblers for Apple Inc. were among 16 companies that won approval to manufacture products in India under a plan aimed at attracting investment…
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Gebrüder Weiss is given the green light for Ipsen acquisition
Antitrust authorities approve acquisition // Ipsen locations in Germany operate as Gebrüder Weiss // Customers benefit from larger global network
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Port of Oakland Maritime Director Brandes predicts “strong” fourth quarter
Imports and exports have rebounded at the Port of Oakland which expects a “strong fourth quarter for 2020.”
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Port Everglades Ricardo Charlton names new Director of Operations
Broward County’s Port Everglades Chief Executive and Port Director Jonathan Daniels has appointed Ricardo D. Charlton, BSME, FSO, as the new Director of Operations. Port…
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Global economy’s recovery from pandemic seen extending past 2021
Two custodians of the global economy signaled that while the early days of pandemic recovery were stronger than expected in some countries and industries, a…
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U.S. Trade Deficit Widened in August to Largest Since 2006
The U.S. trade deficit widened in August to the largest since 2006 as the nation imported a record amount of consumer goods amid a pickup…
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Canadian trade unexpectedly shrank in August on weak exports
Canadian trade with the rest of the world dropped in August on lower car exports, suggesting the recovery may be losing steam sooner than economists…