Crunch time for world’s supply chains to deliver masks and meat
Covid-19 is about to put the global trading system through its most dramatic stress-test since World War II, with supply lines for essential food and…
Indian refiner seeks to halve Saudi oil imports as tanks fill
Bharat Petroleum Corp. is seeking to cut its crude oil imports from Saudi Arabia by as much as half in May, frustrating the Middle Eastern…
Virgin Australia stock suspended as restructuring talks extend
Virgin Australia Holdings Ltd. stock was suspended in Sydney as discussions over a potential financial restructuring for the airline continue.
US weighs paying drillers to leave oil in ground amid glut
The Trump administration is considering paying U.S. oil producers to leave crude in the ground to help alleviate a glut that has caused prices to…
NYC airports’ 96% traffic plunge threatens local financial pain
Air travel at New York City’s airports almost disappeared in March while traffic on the Port Authority of New York & New Jersey’s bridges and…
US says oil tariffs still on the table even after OPEC+ deal
U.S. tariffs on oil imports haven’t been dismissed even after the latest OPEC+ supply deal, according to a senior U.S. government official.
CMA CGM PSS - reefer cargo from West Med and Adriatic to Asia
Peak Season Surcharge (PSS) rates applicable as from May 1st, 2020 (date of loading in the origin ports) until further notice:
WFS’ CEO praises team for 72-hour ‘cargo handling start-up’ in Liege to cope with surge in freighters carrying medical supplies
Worldwide Flight Services (WFS) took just 72 hours to launch a new ‘emergency response’ cargo handling operation at Liege Airport following a request from the…
TIA awards 34 logistics professionals coveted professional designation
Transportation Intermediaries Association (TIA), the voice of third-party logistics, announced today that 34 logistics professionals were granted the designation of Certified Transportation Broker (CTB).
Ontario International Airport freight shipments surge by 22% in March
Passenger terminals across Southern California’s Ontario International Airport (ONT) have been quiet for much of last month, but air cargo shipments into and out of…
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