Air Freight News
Together in their union, contracted airport workers win job protection in bailout
The essential airport workers who clean airplanes, escort elderly and disabled passengers to their gates, and clean and secure our airports stood together and urged…
U.S. Indicts Venezuela’s Maduro, Offering $15 Million Reward
The U.S. indicted Venezuelan President Nicolas Maduro and 14 key associates for drug trafficking as the Trump administration ramps up pressure on an adversary it…
Huawei Tests If Chinese Consumers Ready to Buy New Phones
Huawei Technologies Co. is about to test the demand for flagship smartphones in China, and the chief executive officer of its consumer business said he’s…
U.S. Jobless Claims Jump to 3.28 Million, Quadruple Prior Record
The magnitude of the economic devastation being wrought by the coronavirus pandemic was laid bare on Thursday when the U.S. government reported an unprecedented surge…
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World trade hit by virus sees worst collapse in a generation
The global economy’s most abrupt and consequential shock in at least a generation is unfolding at ports and other hubs of international commerce as the…
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FIS Air Freight Update March 25, 2020
India is put on lockdown, putting approximately 1/4 of the world's population under quarantine measures. Capacity is being driven into the market by passenger carriers…
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Cargoguide unveils enhanced online air rate management tool for 2020
Advanced freight rates platform aims to become the new industry standard.
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Hong Kong February exports unexpectedly rise despite virus
Hong Kong’s exports rose unexpectedly in February after plunging the most in more than a decade the previous month as the impact of the escalating…
Activist fund offers to buy Delta’s 15% stake in Hanjin Kal
The activist fund that’s become Hanjin Kal Corp.’s single largest shareholder said it proposed to buy all the South Korean company’s shares held by Delta…
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Qatar Airways’ revenue sinks, plans to keep flying
Qatar Airways, which is continuing to operate a third of its normal schedule, has taken a “huge hit” from the coronavirus.