Air Freight News
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SCPA Memorial Day Gates 2020
The SC Ports Authority gates will be closed for Memorial Day, May 25, 2020. SCPA terminals will follow the schedules below.
Secretary of Commerce allocates $88 million in fishery disaster funding
Secretary of Commerce Wilbur Ross announced the allocation of $88 million in fishery disaster funding to Alabama, Louisiana, and Mississippi, where a catastrophic regional fishery…
Freight forwarding sector welcomes government support for key short sea trade routes
In response to today’s news that the government has signed agreements with six operators to provide up to £35 million to help ensure there is…
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FIS Air Freight Report May 18, 2020
China to Europe gets some support, up 59 cents almost entirely off of the back of a support rate out of Shanghai, up $1.20.
China Considers More Economic Pain for Australia on Virus Spat
China is considering targeting more Australian exports including wine and dairy, according to people familiar with the matter, in what would be a dramatic deterioration…
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Thai Airways to Seek Restructuring Under Bankruptcy Law
State-controlled Thai Airways International Pcl will seek a restructuring under Thailand’s bankruptcy law after tourism and travel collapsed because of the novel coronavirus pandemic.
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U.K. Air-Corridors Plan Could Limit Impact of Covid Quarantine
London’s Heathrow airport is working with the U.K. government on a plan that would allow people flying in from countries with a low incidence of…
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U.K. Announces Plan for Sweeping Tariff Cuts After Brexit
The U.K. set out its post-Brexit tariffs plan, cutting import duties on many products while protecting industries such as automotive and agriculture in global trade…
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European Lockdowns Drive Car Sales to Record Monthly Drop
European car sales virtually stopped in April, dropping the most on record after the coronavirus halted production and closed dealerships from Spain to Germany.
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Qantas Says Airfares Could Jump Ninefold With Social Distancing
Qantas Airways Ltd. said putting extra space between passengers on planes could lead to a big increase in airfares and discourage people from flying.