Air Freight News
Oakland’s Largest Container Ship Ever Arrives at OICT
Requiring 40 feet of draft she was comfortably able to come into port on low tide with the terminal capable of 50 feet of draft.…
Transport Infrastructure Force Majeure Pandemic Provisions Vary
The right to invoke force majeure (FM) in infrastructure and project finance is under greater scrutiny due to the pressures from the coronavirus pandemic, says…
U.S. Department of Transportation Makes Available $311.8 Million for Capital Rail Projects
The U.S. Department of Transportation’s Federal Railroad Administration (FRA) issued a Notice of Funding Opportunity (NOFO) today for the Consolidated Rail Infrastructure and Safety Improvements…
CMA CGM GRI from Asia to all Caribbean, Panama & Cuba
CMA CGM announced General Rate Increase effective May 1st, 2020 (B/L date)
February Likely The Last Positive Month For FTR’s Trucking Conditions Index Until 2021
Sharp declines in freight volumes, utilization, and rates due to the COVID-19 pandemic could lead to the worst overall trucking conditions on record during the…
CMA CGM: Port Congestion Surcharge in Guayaquil (Ecuador) for Reefers exports
Considering the operational situation in Guayaquil, Ecuador, CMA CGM will apply a Port Congestion Surcharge (PCS) as follows effective April 20th, 2020: Origin: From Guayaquil,…
CMA CMA - end of PSS for Reefer Exports from Equator to Europe / Middle East / North Africa
CMA CGM announced that the Peak Season Surcharge of USD 500 per Reefer unit, applicable since February 1st, 2020 from Ecuador is to be cancelled…
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China Says India’s New Investment Rules Violate WTO Principles
China urged India to revise new investment rules that seek to block companies from neighboring nations taking over local businesses, saying they’re in violation of…
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U.S. Delays Some Tariff Payments, Leaves China Levies in Place
The U.S. will allow companies to defer paying tariffs on many imported goods for 90 days, a move aimed at freeing up cash for pandemic-hit…
India’s Ban on Flying to Stay Until Virus No Longer a Danger
India won’t allow commercial flights to operate until it is confident that the coronavirus outbreak is under control, the aviation minister said, piling further pressure…