IATA reports global cargo capacity shrank by 34.1% in June year-on-year The International Air Transport Association (IATA) released data for global air freight markets in June showing improvement, but [...]
Air cargo rates dropped with 70% since spring Stability in the airfreight market may be short-lived, with outbound China rates rising this month and big high-tech product launches poised [...]
Hapag Lloyd promise to ship 95% without cargo being rolled. “Your cargo has been rolled.” Not only does that statement elicit groans from customers, it causes delayed cargo, more [...]
Maersk joins Transform to Net Zero to accelerate transition to net zero global economy. AP Møller Maersk is participating in a new initiative by nine companies that aims to [...]
United Airlines revenues down with 87% year-on-year United Airlines Holdings Inc. late Tuesday reported a billion-dollar quarterly loss, giving investors a look into financials thoroughly wrecked by the pandemic [...]
Schiphol’s full freighters cannot compensate for the bellyhold volume loss. Amsterdam Airport Schiphol’s total cargo volume for the first half of 2020 declined by 14.5 per cent to 655,942 [...]
Brexit negotiations start latest talks while agreement is fading away When Prime Minister Boris Johnson held a video conference with the leaders of the European Union last month, officials [...]
Carriers looking into further elimination of capacity Container spot rates from Asia to Europe fell back this week as carriers started to reduce rates slightly to attract cargo. Shanghai [...]
We are adding a new strategical member in the following locations: Dammam - Saudi Arabia The Atlas family is welcoming our newest member in our global cargo alliance. [...]
China’s Covid-19 recovery under pressure by global trade tensions China's gross domestic product growth swung back to the black in the April-June quarter, driven by a recovery in production [...]
