Cuba sees 2021 inflation of 70% amid reforms and import hikes
Cuba sees inflation finishing 2021 at roughly 70%, driven by painful economic reforms and the increased price of imports, Economy and Planning Minister Alejandro Gil…
Wizz buys Norwegian slots at Gatwick to boost U.K. business
Discount carrier Wizz Air Holdings Plc will increase its presence in the U.K. after agreeing to buy takeoff and landing slots from Norwegian Air Shuttle…
Intel comes under fire in China over Xinjiang labor stance
Intel Corp. is facing criticism in China after it asked suppliers not to use Xinjiang labor or products, threatening to ensnare the U.S. chipmaker in…
Cathay warns of ‘several’ more flight cancellations in January
Cathay Pacific Airways Ltd. warned of several flight cancellations to and from Hong Kong in January as operational and travel restrictions continue to affect its…
NWSA import volumes continue growth trend
The Northwest Seaport Alliance saw a 7.8% increase year over year from November 2020, handling a total of 325,604 twenty-foot equivalent units (TEUs).
UPS to buy $1.5 billion of Boeing freighters as air cargo booms
United Parcel Service Inc. agreed to buy 19 Boeing Co. freighter jets as soaring e-commerce and snarled shipping lines lead to a boom in air-cargo…
ATA Truck Tonnage Index increased 1.3% in November
Index 2.5% above November 2020
Decision on ‘container dwell fee’ on hold until December 27th the Port of Long Beach announced
Further consideration of the “Container Dwell Fee” will be postponed until Dec. 27, the Port of Long Beach and the Port of Los Angeles announced.
MSC On Carriage – Managua, Nicaragua via Honduras scope: USA to Central America
MSC announced an increase in the On Carriage for all 20DV, 40DV, 40HC shipments with POD: Puerto Cortes in transit to Managua, Nicaragua with effective…
Port of Los Angeles headed to record cargo year
With November volumes of 811,460 TEUs, Port on track to reach 10.7 million TEUs
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