Brexit Breakthrough Slips Further Out of Reach After Virus Delay
Crucial decisions about the U.K.’s future relationship with the European Union are set to be crammed into a dramatic final few weeks of the year…
Korea’s Export Plunge Sends Chilling Warning on Global Trade
South Korea’s exports fell in April by the most since the global financial crisis, offering an early indication of how the coronavirus pandemic is slamming…
Boeing Rules Out Federal Aid After Raising $25 Billion of Bonds
Boeing Co. sold $25 billion of bonds in the largest offering this year, eliminating the need for more cash as the coronavirus pandemic upends the…
United Airlines Sees Cash Burn Easing on Virus-Era Cost Cuts
United Airlines Holdings Inc. will wrestle its average daily cash burn down to no more than $45 million in the second quarter as the carrier…
Pierbridge Offering Free Ship-from-Home Remote Solution Subscription in Response to COVID-19
Pierbridge Inc., a renowned global leader in the transportation software industry, has announced it’s providing a free one-year subscription to a Transtream Home Office solution…
American Air Focuses on U.S. Aid While Rivals Sell Bonds, Equity
American Airlines Group Inc. is doubling down on government aid even as rivals expand their funding sources with sales of shares and bonds.
Lufthansa Running Out of Bailout Road as Germany Sets Terms
Germany’s government has set out a unified position on a bailout for Deutsche Lufthansa AG, with the airline group expected to accept a significant state…
SeaIntelligence’s Jensen: container market recovery looks likelier in 2021… maybe
Jensen, who has been critical of the decision by ocean carriers to heavily invest in 18,000 TEU ships and larger says ports and terminals who…
MSC PCE - Panama Canal Emergency Surcharge
SCOPE: WSCA to USA
Effective May 1st, 2020
World Container Index - April 30
The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia decreased by…
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