Air Freight News
ITIC reveals pitfalls in maritime dealings: Neglecting information transfer leads to US$ 60,000 AWRP dispute
In its latest Claims Review, International Transport Intermediaries Club (ITIC) shed light on a case where a failure in information transfer sparked a dispute over…
CMA CGM Panama Adjustment Factor implementation
CMA CGM informs the Panama Canal continues to suffer from severe drought, consequently, the Panama Canal Authority has recently announced further restrictions.
Frontier Airlines to open a crew base at Cincinnati/Northern Kentucky International Airport
Ultra-low fare carrier Frontier Airlines today announced it will open a new crew base at Cincinnati/Northern Kentucky International Airport (CVG) in May of 2024.
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Container xChange unveils ‘The Future of Shipping in 2024’ report
• Majority of supply chain professionals predict China Plus One to prominently emerge in 2024 • Competition and shrinking profits to necessitate market consolidation in…
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Qatar Airways Cargo drives forward with the launch of its latest product, Drive
The world’s leading air cargo carrier, announced its latest product, Drive.
[Freightos Weekly Update] Ocean rate slide show mixed GRI impact; air rates climbing
Ocean rates out of Asia fell last week showing mixed results for November General Rate Increases as rates to the US West Coast and Mediterranean…
IAG shares slump despite promise to resume dividend payout
British Airways owner IAG SA dangled the prospect of resuming dividend payments for the first time after the Covid-19 pandemic as soaring travel demand helps…
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Petrobras faces new calls to cut jet fuel prices
Jet fuel prices are the latest source of pressure for Petroleo Brasileiro SA as dissatisfaction with the Brazilian oil producer’s pricing strategy mount.
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Swiss watch exports rise again as low-priced timepieces surge
Swiss watch exports rose in October with shipments to the key US and Chinese markets increasing and lower-priced timepieces leading gains as consumers reined in…
Japan urges LNG buyers to sign long-term deals for fuel security
Japan’s government is asking liquefied natural gas importers to secure new decades-long supply deals under efforts to boost energy security.