Archive for August 2018 - page 2

AIR FREIGHT UPDATES Air France-KLM appoints Air Canada Exec As CEO source: news.airwise.com Air France-KLM has selected Air Canada executive Benjamin Smith as its new CEO, the first time a non-French candidate has been appointed to the position. Smith, who […]

OCEAN FREIGHT UPDATES OOCL cancels sailings to meet slowdown after Chinese National Day source: transportweekly.com Hong Kong’s Orient Overseas Container Line (OOCL) has announced the withdrawal of the following Asia-Europe sailings because of low demand after the National Day holiday […]

AIR FREIGHT UPDATES Hong Kong cargo static in July but transhipments soar source: aircargonews.net Hong Kong International Airport (HKIA) saw July’s cargo and airmail throughputs static versus the same month last year at 433,000 tonnes, although volumes are up 3.1% […]

AIR FREIGHT UPDATES Airlines get a slight lift as freight rates begin to creep up again source: theloadstar.co.uk While data published last week showed that June’s air freight rates were depressed, it looks as if they are gently picking up […]

OCEAN FREIGHT UPDATES Yang Ming the latest carrier to see its bottom line sink into the depths source: theloadstar.co.uk Taiwanese ocean carrier Yang Ming has become the latest container line to report a heavy loss in the second quarter of […]

AIR FREIGHT UPDATES Air Canada Cargo receives IATA certification for transport of live animals source: canadianshipper.com Montreal, QC – Air Canada Cargo received the first Center of Excellence for Independent Validators for Live Animals Logistics (CEIV Live Animals) Certification by […]

OCEAN FREIGHT UPDATES Transport Strike Leads to Delays at Chittagong Port source: maritime-executive.com A 36-hour transport strike in Chittagong, Bangladesh led to serious delays at the port, with thousands of export and import containers affected. According to Bangladeshi outlet Daily […]

OCEAN FREIGHT UPDATES Maersk revises down earnings outlook source: lloydsloadinglist.com Maersk Group has followed in the footsteps of Hapag-Lloyd in revising down its earnings expectations for the year. The Danish container carrier and terminal operator said low freight rates and […]

OCEAN FREIGHT UPDATES Weak demand threatens box recovery source: lloydsloadinglist.com Weak consumer confidence in the UK and sluggish retail demand in Germany have dragged down freight volumes between Asia and Europe during the first half of the year, despite a […]

AIR FREIGHT UPDATES Sniffer dogs are straining at the leash to reinforce air cargo security in the US. source: theloadstar.co.uk On the other hand, the dearth of funding for the Transportation Security Agency (TSA) is about to make life more […]