Air Freight News
Biden, Europe sanctions caution cast doubt on Russia response
U.S. President Joe Biden’s comment that Russia may opt for a smaller-scale incursion into Ukraine, combined with the European Union’s reluctance to discuss specific penalties…
Click to Read More
Ship arrivals to Shenzhen’s Yantian port delayed by a week
Containers are stacking up at the already backed-up Shenzhen port in China as congestion in the U.S. and Europe ripples back to Asia, delaying ships…
Biden says ‘uncertain’ whether China tariffs will be lifted
President Joe Biden said that he’s not ready to lift tariffs his predecessor imposed on Chinese imports, despite calls from U.S. businesses to relieve the…
Gains in Japan’s exports hold up despite omicron wave
Gains in Japan’s exports narrowed slightly in December to cap a year of robust increases, with the latest figures showing trade strength holding up more…
Ryanair sees demand snapping back in time for summer surge
Ryanair Holdings Plc is gaining confidence that travel will make a strong comeback this year as concern about the omicron variant of Covid-19 fades in…
Click to Read More
Self-driving tech startup TuSimple in talks to work with Foton
Self-driving tech startup TuSimple Holdings Inc. is in talks to join forces with one of the country’s premier commercial vehicle manufacturers to create heavy-duty trucks…
EU sees window of opportunity for Brexit deal closing next month
The European Union’s Brexit negotiator told lawmakers behind closed doors that a window of opportunity to strike a deal with the U.K. will close late…
Click to Read More
GE gets partial win in turbine fight against Siemens Gamesa
General Electric Co. won a partial victory in its bid to use a U.S. trade agency to hobble Siemens Gamesa Renewable Energy SA’s wind business…
U.K. Vertiport startup sells stake to Hyundai’s flying-taxi arm
Urban-Air Port, a U.K. startup designing hubs for flying taxis, agreed to sell a minority stake to South Korean automaker Hyundai Motor Co.
Russia’s ruble resumes slide after Biden’s sanctions warning
The Russian currency and bonds retreated, trimming a rebound earlier in the week after U.S. President Joe Biden said he thinks Moscow will “move in”…