Archive for October 2020

OCEAN FREIGHT UPDATES Ocean carriers chasing premium rates are disrupting the supply chain, claims theloadstar.com A shortage of containers rather than space on box ships is the main driver of the unrelenting spike in freight rates on headhaul routes. Moreover, […]

AIR FREIGHT UPDATES One in Four European Airports Face Insolvency bloombergquint.com Many European airports will struggle to stave off insolvency without state help unless travel recovers from its pandemic slump by the end of the year, according to Bloomberg. Airports […]

AIR FREIGHT UPDATES TIACA calls for an end to ‘misleading’ weight-based load factor aircargonews.net TIACA is calling for the air cargo industry to adopt the dynamic load factor developed by CLIVE Data Services over the “misleading” traditional weight-based system. The […]

AIR FREIGHT UPDATES Warning to air charterers: phantom freighter scams on the rise theloadstar.com The dearth of air freight capacity has led to an increasing number of offers for freighters that either do not exist, or are parked in the […]

OCEAN FREIGHT UPDATES Bangladesh authorities agree cost-saving round-trip container use theloadstar.com After calls from shippers, the Bangladesh government has approved the round-trip use of containers, which is expected to cut lead times and transport costs significantly. Lead times remain a […]

AIR FREIGHT UPDATES Bangladesh air freight ‘mega-screwed’ as customs scanners break down again theloadstar.com Another breakdown of cargo scanning equipment means air freight out of Bangladesh will be slow or non-existent until the second week of November. Only two of […]

AIR FREIGHT UPDATES IndiGo Looks To Operate Cargo Only Flights simpleflying.com As India continues to cope with low travel numbers due to the ongoing health crisis, Indian low-cost carrier IndiGo is considering the launch of dedicated freight services. While the […]

AIR FREIGHT UPDATES Freighters will be ‘very near and dear’ for the next three years – Boeing theloadstar.com All-cargo aircraft must continue to shoulder a higher share of international freight flows, as passenger networks are expected to take years to […]

AIR FREIGHT UPDATES Air Canada CEO Calin Rovinescu to retire in February bnnbloomberg.ca Air Canada president and CEO Calin Rovinescu is retiring in February and will be succeeded by deputy CEO and chief financial officer Michael Rousseau, the company announced […]

AIR FREIGHT UPDATES Air freight sector ‘must accelerate COVID-19 vaccine preparations’ lloydsloadinglist.com Two influential air freight industry bodies today called for urgent industry collaboration to address “a concerning lack of readiness for COVID-19 vaccines logistics”. Pharma.Aero together with The International […]