Air Freight News
Turzai crafts legislation to allow Pennsylvania construction projects proceed
Speaker of the Pennsylvania House of Representatives Mike Turzai (R-Allegheny County) has prepared legislation to allow all construction projects in Pennsylvania to move forward as…
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Statement to the UK Government from Craig Smyth, CEO, WFS
Support and immediate action is needed now to maintain the UK’s cargo (and passenger) airport handling capability to ensure cargo supply lines can continue to…
Critical airport services weeks from grinding to a halt in major threat to UK supply chain
Business leaders from the four main cargo and ground handling companies – Swissport, dnata, WFS and Menzies – are today warning of the imminent collapse…
Sealand: Merchant Haulage Fee, Mexico
As previously notified, Sealand is introducing the ‘Merchant haulage fee’ of USD 15 per container applicable for all CY import and export cargo in Mexico…
Comdata launches solution to support same-day payments for fleets
Comdata QuickPay is a new financing solution that gives fleet owners access to same-day payments on the loads they deliver. The program also helps fleets…
IPhone maker Hon Hai’s profit slides ahead of virus outbreak
Hon Hai Precision Industry Co.’s quarterly profit fell 24% after tepid smartphone demand and U.S.-Chinese tensions depressed sales ahead of the coronavirus outbreak.
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EasyJet Grounds Fleet, Plans to Build Buffer Against Virus Blow
EasyJet Plc grounded its entire fleet after completing customer-repatriation flights, and said it’s in talks to build a cash cushion to see it through the…
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Airlines Raise More Than $17 Billion From Banks in Weeks
Airlines worldwide raised more than $17 billion in bank loans in March to shore up their finances amid the coronavirus outbreak.
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The Global Oil Market Is Broken, Drowning in Crude Nobody Needs
The global oil market is broken, overwhelmed by an unmanageable surplus as virus lockdowns cascade through the world’s largest economies.
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Thai Airlines to Seek $491 Million Government Bailout, Post Says
Seven airlines in Thailand are set to start talks with the Finance Ministry for a 16 billion baht ($491 million) bailout, the Bangkok Post reported.