FASA

Global air freight demand rose 6.8 percent for the month, outstripping capacity growth for the 19th straight month, according to the latest data from the International Air Transport Association (IATA).

The Commerce Department has finalized increased duties for imports of Chinese and Vietnamese tool chests and cabinets, and the International Trade Commission is scheduled to issue its final determinations for these antidumping investigations by May 18.

The ocean carrier’s “Eagle GO. Guaranteed Service” will be extended to the westbound transatlantic and routes from Asia to Australia/New Zealand.

The 180,000-square-foot warehouse is now equipped with a Foreign Trade Zone, as well as a devoted receiving area to meet the demands of the booming e-commerce market.

Farmers across the United States feel they would be the prime target in a trade war between the U.S. and China as tension continues to heat up.

China on Thursday took the first step in the World Trade Organization’s dispute resolution process in response to the United States proposing tariffs pursuant to an investigation into the country’s intellectual property practices.

COSCO SHIPPING Holdings Co., Ltd. turned a profit in 2017 and sharply increased revenues during the year amid higher volumes and improved freight rates.

The South Korean government will help local shipping firms place orders for 200 ships by 2020, including 140 bulk carriers and 60 containerships, according to a report from KBS World Radio.