Airlines pledge aircraft, loyalty programs in bid to tap funding
Global airlines are pledging their brands, loyalty programs and aircraft as collateral to secure more funds in the debt markets as the coronavirus pandemic continues…
Ryanair’s O’Leary sees school reopening as key to Europe airline recovery
Kids have only just started their summer break yet Ryanair Holdings Plc Chief Executive Officer Michael O’Leary is already counting the days until they go…
CN to invest $110 million in the Southern US
Investments focused on safety and capacity to strengthen rail network, help reduce emissions, and support economic growth
Mexico surprises all analysts with record trade surplus
Mexico unexpectedly posted its biggest-ever trade surplus in June as its economic crisis caused imports to slump, while food exports surged.
US freight levels see rapid v shaped recovery after COVID shutdown
The US economy has been striving for recovery since the onset of the COVID-19 pandemic which struck hardest during the month of March.
Descartes and dnata expand network for real-time air cargo tracking
Descartes Systems Group announced that dnata, one of the world’s largest air services providers, is deploying Descartes Core Bluetooth Low Energy (BLE) readers across its…
Crew change: Drastic measures needed now
INTERCARGO cannot even begin to contemplate the impacts if terminal and cargo operations were halted and cargo vessels stopped operations and trading, as a result…
Hyster launches wearable sensor-driven solution to promote social distancing
The system uses wearable tags that vibrate whenever personnel get too close to each other, based on input from proximity sensors and predetermined distance settings.
CMA CGM GRR from Asia to East Africa
CMA CGM announced the following General Rate Restoration effective August 15th, 2020 (B/L date)
Early 2020 drop in crude oil prices led to write-downs of U.S. oil producers assets
According to publicly filed financial statements, 40 U.S. oil producers collectively wrote down $48 billion worth of assets in the first quarter of 2020, the…
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