Air Freight News
China mulls tax overhaul for steel in push to meet green goals
China is considering a number of tax changes for its mammoth steel industry -- including lowering export rebates -- to bolster efforts to clean up…
Biden signals continued Beijing tension over Industrial policy
The Biden administration raised concern about some of the policy tools China is using to spur its economy, saying they crowd out international companies and…
Huawei Warns of Supply Chain Disruption After Growth Evaporates
Huawei Technologies Co.’s quarterly revenue shrank for the first time on record, reflecting the devastating impact of U.S. sanctions that forced China’s largest technology company…
Schumer seeks NYC tunnel funds in Biden infrastructure plan
Senate Majority Leader Chuck Schumer is seeking to advance a long-delayed rail tunnel connecting New York and New Jersey, saying billions of dollars in transportation…
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Businesses hail Biden public works plan, disdain higher tax
U.S. business groups say they are thrilled that President Joe Biden is proposing massive new investment to upgrade crumbling U.S. infrastructure, but they’ll be lobbying…
Boeing CEO warns of lost sales from US-China trade impasse
Boeing Co. Chief Executive Officer Dave Calhoun warned that an extended impasse between the U.S. and China over long-simmering trade issues will have competitive consequences…
US to snap sanctions on Belarus state companies amid crackdown
The U.S. will sanction nine petrochemical companies from Belarus next month unless President Alexander Lukashenko releases political prisoners and starts talks with his opponents, the…
CMA CGM Suez Canal backlog update
The CMA CGM Group continues to monitor and inform its customers on the actions implemented to allow for a fast resumption of traffic in the…
Spirit Airlines Flexes its Wings over Los Angeles
Spirit to offer nonstop access from LAX to Mexico via Los Cabos and Puerto Vallarta, along with new nonstop flights to five more U.S. cities
Rail Traffic for the Week Ending March 27, 2021
For this week, total U.S. weekly rail traffic was 521,731 carloads and intermodal units, up 16.1 percent compared with the same week last year.