Air Freight News
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Spirit Air expects more groundings as Pratt engine fallout grows
Spirit Airlines Inc. has grounded seven planes due to problems with its Pratt & Whitney engines and the carrier expects to take more aircraft out…
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July demand indicates a ‘winter of discontent’ for airlines and forwarders as global air cargo rates continue to plunge
Shippers will hold the upper hand in the next round of winter airfreight rates negotiations after another month of falling demand in July saw volumes…
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Yellow’s downfall throws $700 million US Covid loan in jeopardy
The collapse of trucking giant Yellow Corp. casts doubt on whether the US government will be able to fully recoup a controversial $700 million loan…
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MSC GFS - scope: Asia to USA for Sept. 1st
MSC Mediterranean Shipping Company has filed and will implement the below GFS.  
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MSC BCR - scope:  Turkey, East Med (except Israel), North Africa (except Agadir), Black Sea excluding EEA countries to USA NATL/SATL, Gulf, Pacific & San Juan, Puerto Rico
New MSC monthly Bunker Recovery charge (BRC) as of September 1st, 2023, last container gate in date.
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India curbs PC imports as Modi pushes for local production
India is requiring licenses for the import of computers from laptops to tablets, the latest in a series of government measures intended to encourage local…
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MSC BRC - scope: East Africa and Red Sea to USA and San Juan Puerto Rico for Sept. 1st
New MSC monthly Bunker Recovery charge (BRC) as of September 1st, 2023, last container gate in date.
MSC GRI - scope: Import Middle East / Indian Sub-Continent to USA for Sept 1st
Mediterranean Shipping Company has filed and will implement the following General Rate Increase (GRI) effective September 1ST, 2023, as below.
Cathay Pacific nears lease deal for 18 Airbus A321neos
Cathay Pacific Airways Ltd. is closing in on a deal to lease 18 of Airbus SE’s largest single-aisle aircraft to bolster its short-haul fleet, according…
MSC PSS - scope: Import Middle East / Indian Sub-Continent to USA
Mediterranean Shipping Company has filed and will implement the following Peak Season Surcharge (PSS) effective September 1ST , 2023, with the following quantum and effective…