MSC Self-Ignited Commodities Risk Surcharge for USA imports and exports
MSC announced the new charge implementation effective September 1st 2020, which will be applied to self-ignited commodities.
FTR reports final trailer orders rose significantly in June to 14,400 units
FTR reports final net trailer orders for June rose significantly to 14,400 units, 10,000 above May and +9,000 y/y. Final U.S. trailer orders rebounded in…
The U.S.-China trade deal risks falling victim to spiraling ties
As U.S.-China ties have deteriorated since the Covid-19 pandemic devastated the globe, the trade deal they signed in January has served as sort of a…
Airbus alters jet subsidies in bid to halt WTO row, U.S. tariffs
Airbus SE said it agreed to make changes to the A350 jet’s repayable launch aid from France and Spain to resolve a 16-year trade dispute…
British Airways owner gets $955 million boost from AmEx deal
British Airways owner IAG SA renewed an air-miles deal with credit-card giant American Express Co., swelling the group’s coffers as the coronavirus crisis weighs on…
EU weighs ‘coordinated package’ of actions to support Hong Kong
European Union governments are poised to approve a “coordinated package” of measures to support Hong Kong in the face of China’s new national-security legislation for…
Jobs are being wiped out at airlines, and there’s worse to come
About 400,000 airline workers have been fired, furloughed or told they may lose their jobs due to the coronavirus, according to Bloomberg calculations.
India builds trade barriers with China amid border row
India slapped new trade curbs on some of its neighbors, in a move primarily seen aimed at keeping Chinese businesses out after a border conflict…
U.S. economic recovery is stalling and it may get even worse
The official numbers have begun to confirm what many Americans feel in their bones: the economy is buckling once again.
Pompeo criticizes ‘totalitarian’ China as tensions spike
Secretary of State Michael Pompeo cast China’s leaders as tyrants bent on global hegemony, painting a dark portrait of the country’s direction as tensions soar…
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