Archive for November 2019

OCEAN FREIGHT UPDATES Maersk readies more redundancies across the world splash247.com Maersk, the world’s largest containerline, is cutting staff as it focuses on profitability and free cash flow. Jobs are set to be axed at the company’s Copenhagen headquarters as […]

AIR FREIGHT UPDATES The biggest challenge for forwarders in India is getting cargo through the airports theloadstar.com While air cargo capacity in India is said to have reached a “sufficient” level, airports and airlines need to improve turnaround times. According […]

OCEAN FREIGHT UPDATES Supply chain radar: CMA CGM – panic, what panic? theloadstar.com The CMA CGM headlines were sobering following the release of third-quarter (Q3) numbers earlier this week. Its interims were mixed, with sweets spots in terms of adjusted […]

BREAKING NEWS – CN STRIKE – TEAMSTERS REACH AN AGREEMENT We are pleased to announce that a tentative agreement has been reached between CN and the Teamsters Canadian Rail Conference (TCRC-CTY). The agreement must still be ratified by union members, […]

AIR FREIGHT UPDATES Air freight in 2020: optimism breaks out at TIACA freigthwaves.com There was a surprising sense of positivity about the air cargo industry’s prospects in 2020 as stakeholders converged on Hungary this week. Read more here. OCEAN FREIGHT […]

AIR FREIGHT UPDATES Airlines’ Ancillary Revenues Are Going Through The Roof But Also Are Causing Travelers More Frustration And Dissatisfaction forbes.com Airlines around the world, and especially in the United States, are succeeding grandly in milking billions of additional dollars […]

AIR FREIGHT UPDATES Chinese Carriers Announce Huge Hong Kong Service Reduction simpleflying.com It’s been over six months since pro-democracy protests began in Hong Kong. From an aviation perspective, these protests have caused massive disruptions at Hong Kong’s International Airport. One […]

OCEAN FREIGHT UPDATES Maersk profits surge despite revenue contraction freightwaves.com Maersk chose profitability over market share in the third quarter as the container shipping giant bolstered its bottom line on lower revenues. A.P. Moller – Maersk (APMM) said its ocean […]

AIR  FREIGHT UPDATES Exclusive: IATA faces legal backlash over ‘dangerous’ CASS irregularities theloadstar.com IATA could face a serious backlash from CASS payments system participants – as well as financial supervisory authorities – over allegations of financial irregularities. IATA has been […]

AIR  FREIGHT UPDATES Boeing Expects 737 MAX Return to Service in January news.airwise.com Boeing is maintaining its view that the 737 MAX will receive regulatory approval before the end of the year, but it now expects a resumption of commercial […]