Archive for June 2019 - page 2

AIR FREIGHT UPDATES Leisure Cargo files for insolvency after loss of major contracts theloadstar.com Leisure Cargo (LC) is to enter insolvency following the loss of contracts with TUI and another carrier.  Read more here (login required). OCEAN FREIGHT UPDATES ILWU-Canada Ratification Process: […]

AIR FREIGHT UPDATES FedEx ditches Amazon contract aircargonews.net FedEx has made the strategic decision to not renew the FedEx Express US domestic contract with Amazon in order to focus on serving the broader e-commerce market. Read more here. Drone Delivery Canada […]

OCEAN  UPDATES Pressure grows on K Line’s top men after disastrous first year for ONE theloadstar.com K-Line’s shareholders may flex their muscles at the forthcoming AGM, adding to increasing pressure on the line’s chairman and president to step down. Read […]

AIR FREIGHT UPDATES Air cargo remains optimistic aircargonews.net Cargo carriers are pragmatic about the current market situation despite headlines of doom and gloom on the back of volume declines. Read more here.  New e-commerce service from Lufthansa Cargo for e-commerce […]

AIR FREIGHT UPDATES Air Canada Cargo to offer drone-delivery services freightwaves.com Air Canada Cargo will offer drone-based services thanks to a new agreement with Drone Delivery Canada (TSXV: FLT), a Toronto-based startup that makes autonomous cargo aircraft and a proprietary […]

AIR FREIGHT UPDATES Commentary: Latin America was the bright spot in IATA’s April air cargo report freightwaves.com The International Air Transport Association (IATA) data for April continues to paint a dismal picture for the global air cargo market. Year-to-date volumes […]

AIR FREIGHT UPDATES Trump trade tensions squeeze airline profits aircargonews.net Trade tensions between US and China are hitting global air cargo business, contributing to a fall in airline profits, warns IATA. Read more here.  OCEAN FREIGHT UPDATES After a lacklustre […]