Air Freight News
China’s big 3 airlines slump after Covid outbreaks bash earnings
China’s three main airlines slid in Monday morning trade in Shanghai and Hong Kong in the wake of disappointing earnings announcements.
Why your Christmas ornaments are about to get more expensive
This year, the Chinese city of Yiwu -- the world’s biggest hub for the manufacture of plastic reindeer, twinkle lights and other Christmas paraphernalia --…
Isolated China is cracking under the strain of keeping Covid out
China has been able to beat back successive waves of Covid-19 thanks to the widespread deployment of snap lockdowns, strict quarantines and some of the…
American blames 1,000-plus canceled flights on weather
American Airlines Group Inc. canceled more than 1,000 flights this weekend and blamed weather, particularly high winds earlier this week in Dallas, for the disruption. 
Powell risks rerun of 1960s inflation from confusing jobs market
In the late 1960s, U.S. economic policy makers misjudged how hot they could run the jobs market without fanning inflation. The miscue paved the way…
Blame red tape for Germany’s ailing infrastructure
Germany needs to start spending to make up for years of underinvestment, and there’s a ton of money on the table if political parties agree…
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Soybeans hit longest slump since dot.com era as China sales lag
The last time soybeans slumped for this long Google was still three months away from being founded.
Amazon discloses 20% stake in EV maker Rivian as IPO approaches
(Bloomberg) -- Amazon.com Inc. owns a 20% stake in electric-vehicle maker Rivian Automotive Inc., the startup with which it has placed an order for 100,000…
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Port of Long Beach meets 2023 air goals
For the first time, the Port of Long Beach has achieved all of the 2023 emission-reduction goals outlined in the San Pedro Bay Ports Clean…
Geek+ unveils ultimate high-density robot solutions at CeMAT Asia
Geek+, a Global AMR leader, has introduced its brand new product portfolio for robot automation at CeMAT Asia. One of the highlights is the PopPick…