Cathay job cuts inevitable as headwinds persist, Jefferies says
Cathay Pacific Airways Ltd. will inevitably cut jobs as it reshapes operations to cope with the devastating impact of the coronavirus pandemic, according to Jefferies…
Icahn’s Navistar presses VW to boost bid from $3.6 billion
Navistar International Corp. said a $3.6 billion takeover offer from Volkswagen AG’s heavy-truck business Traton SE significantly undervalues the company, though it wants to engage…
GlobalTranz announces new pop-up fleet solution
Customized solutions protect shippers from marketplace fluctuations while providing stable freight shipping rates, high service levels
Lockdowns halt Europe’s air-travel recovery, threaten jobs
The demise of Europe’s air-travel rebound and a fresh warning on jobs from Airbus SE are adding to evidence that the region’s aviation industry is…
Johnson says bill ‘essential’ for U.K. integrity: Brexit update
Boris Johnson opened the first parliamentary debate on his bill to rewrite part of the Brexit divorce deal, saying the legislation is “essential” for guaranteeing…
Graves & Westerman praise EPA final rule to provide greater regulatory transparency
Committee on Transportation and Infrastructure Ranking Member Sam Graves (R-MO) and Subcommittee on Water Resources and Environment Ranking Member Bruce Westerman (R-AR) today commended U.S…
EU tells Xi that China must show investment deal worthwhile
The European Union stepped up demands on China to open its market further to foreign investors, seeking to keep alive a goal for a far-reaching…
U.S. Airlines report second quarter 2020 losses
U.S. scheduled passenger airlines reported a second-quarter 2020 after-tax net loss of $11.0 billion and a pre-tax operating loss of $16.2 billion.
Global groups collaborate on container safety improvements
Five international freight transport and cargo handling organisations are collaborating on the production of new guidance on packing standards for freight containers and other cargo…
Port of Virginia loaded imports mark third consecutive month of growth as trade rebuilds
The Port of Virginia’s cargo volumes are continuing their rebound and in August grew by more than 26,000 units when compared with July.
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