Global OCTG demand to decline by 15% in 2020 and prices set to fall; US to take the biggest hit
The energy metals sector is bracing for a major backlash, as the Covid-19 pandemic and low oil prices are taking a heavy toll on global…
CMA CGM end of PSS for East Med & Black Sea to Indian Subcontinent
CMA CGM announced that the Peak Season Surcharge of USD 200 per Dry container, applicable since March 15th, 2020 is to be cancelled
Virgin Atlantic resumes Shanghai cargo services
Virgin Atlantic Cargo has become the first British airline to resume scheduled services to China, operating three flights a week from Heathrow Airport to Shanghai.
ATA Truck Tonnage Index Rose 1.2% in March
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 1.2% in March after increasing 1.8% in February. In March, the index equaled…
Airlift for medical protective equipment
Six weekly flights from China to Germany • Volume of up to 50 passenger aircraft in total • First shipments have arrived in Baden-Württemberg and…
US DOT: February 2020 North American Transborder Freight Numbers
Transborder freight between the U.S. and other North American countries (Canada and Mexico) in February 2020
Delta Air Targets 50% Cut in Daily Cash Burn by End of June
Delta Air Lines Inc. vowed to cut its daily cash burn in half by the end of June as the carrier rushes to scale back…
FIS Air Freight Report April 21, 2020
Shanghai continues its monumental price surges, with Shanghai to US gaining 67 cents (up 9.68%) and into to Europe up a softer 14 cents to…
EU’s Next Move in Airbus-Boeing Feud Clouded by Pandemic
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Cash-Strapped Airlines Ignore India’s Order to Not Sell Tickets
India ordered airlines this week to stop selling tickets. Hardly any listened.
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