Air Freight News
Fitch takes rating actions on US international gateway airports amid coronavirus disruptions
Fitch Ratings has taken rating actions on the following airport terminal projects located at New York's John F. Kennedy International Airport:
FTR’s Shippers Conditions Index slides again in January to a 3.7 reading
FTR’s Shippers Conditions Index for January dropped about a point from December to a 3.7 reading. While the reading in January was still positive, the…
Synergy calls for action on shipping’s crewing crisis
The organisation of collective crew changes at key hub ports by ship managers and owners has the potential to solve the seafarer welfare crisis currently…
Together in their union, contracted airport workers win job protection in bailout
The essential airport workers who clean airplanes, escort elderly and disabled passengers to their gates, and clean and secure our airports stood together and urged…
U.S. Indicts Venezuela’s Maduro, Offering $15 Million Reward
The U.S. indicted Venezuelan President Nicolas Maduro and 14 key associates for drug trafficking as the Trump administration ramps up pressure on an adversary it…
Huawei Tests If Chinese Consumers Ready to Buy New Phones
Huawei Technologies Co. is about to test the demand for flagship smartphones in China, and the chief executive officer of its consumer business said he’s…
U.S. Jobless Claims Jump to 3.28 Million, Quadruple Prior Record
The magnitude of the economic devastation being wrought by the coronavirus pandemic was laid bare on Thursday when the U.S. government reported an unprecedented surge…
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World trade hit by virus sees worst collapse in a generation
The global economy’s most abrupt and consequential shock in at least a generation is unfolding at ports and other hubs of international commerce as the…
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FIS Air Freight Update March 25, 2020
India is put on lockdown, putting approximately 1/4 of the world's population under quarantine measures. Capacity is being driven into the market by passenger carriers…
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Cargoguide unveils enhanced online air rate management tool for 2020
Advanced freight rates platform aims to become the new industry standard.