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China logs strong exports, imports, as economy gains steam

HONG KONG (AP) — China reported strong growth Friday in both exports and imports in November in a reassuring sign for the world’s second-biggest economy. Figures posted on the customs department website show exports expanded 12.3 percent to $217.4 billion in November over a year earlier. That’s nearly double the 6.9 percent

Volkswagen recalls 30,777 cars in Russia: standards agency

A Volkswagen logo is seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam MOSCOW (Reuters) - Russia’s standards agency Rosstandart said on Friday it had been informed about the recall of 30,777 Volkswagen Polo cars sold in Russia in 2015-2017. The vehicles were being recalled due to a

JFK Airport set for $132m cargo investment

JFK Airport New York City's John F. Kennedy International Airport (JFK) has been approved to receive a new cargo handling facility and taxi lane upgrades as part of a 33-year lease agreement with cargo property developer Aeroterm. A 33-year lease between the Port Authority of New York and New Jersey and cargo

U.S., Mexico launch border-crossing cargo pilot

US-Mexico Truck Pilot Armed U.S. Customs and Border Protection (CBP) officials can now pre-inspect cargo in Mexico before it crosses the border, and Mexican customs officials have a reciprocal agreement for designated stations in the United States for cargo inspections. A six-month pilot program that allows the pre-inspection of U.S.-bound cargo in

Air cargo growth expected to continue in 2018 – IATA

Forecasts from the International Air Transport Association (IATA) predict that airfreight volumes and revenues will rise 4.5 percent and 8.6 percent, respectively, in 2018. Global airfreight in 2018 is expected to see continued gains in both cargo volumes and profits, according to forecasts from the International Air Transport Association (IATA). Global industry

Airbus faces hectic December to meet 2017 delivery goal

FILE PHOTO - The logo of Airbus Group is seen at the Airbus Helicopters Paris-Le Bourget plant dedicated to the production and the renovation of helicopters blades, in Dugny, near Paris, France, December 1, 2017. REUTERS/Benoit Tessier PARIS (Reuters) - Airbus lagged Boeing in jet production and sales in the first

Air New Zealand cancels flights after “events” involving Rolls-Royce engines

Air New-Zealand Boeing 787 white livery press   (Reuters) - Air New Zealand Ltd said on Thursday “two recent events” involving Rolls-Royce Holdings PLC Trent 1000 engines had prompted it to cancel and delay some international flights over the coming weeks, making it the latest airline to experience problems. Engines on its Boeing Co 787-9 jets would now

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