Air Freight News
CMA CGM FAK rates - reefers from South America East & West Coasts and Central America to Asia
CMA CGM Freight All Kinds (FAK) rates on Reefers will increase as from March 1st, 2020 (date of loading in the origin ports) until further…
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Antonov Airlines discontinues cooperation with its GSSA Dreamlifts LTD
Antonov Company announces that its current agreement with GSSA Dreamlifts Limited on Antonov AN-124-100, AN-225, AN-22 aircraft operations, signed in 2016, will end on 29…
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Port of Rotterdam throughput amounted to 469.4 million tons in 2019
The Port of Rotterdam saw a freight throughput of 469.4 million tonnes in 2019, fractionally higher than in 2018 (469 million tonnes). Investments by the…
Port of Corpus Christi awarded $17 million federal grant for first phase of Avery Point Terminal redevelopment
The Port of Corpus Christi has received a federal grant of more than $17 million from the U.S. Department of Transportation – Maritime Administration to…
Situation of piracy and armed robbery against ships in Asia in January 2020
ReCAAP Information Sharing Centre today released the January 2020 Report on the situation of piracy and armed robbery against ships in Asia.
GS Express Logistics, member of XLProjects oversee incinerator plant revival project in Malaysia
GS Express Logistics Sdn. Bhd., XLProjects member based in Malaysia was contracted with receiving, handling and transportation of 2 main sections of Incinerators from Penang…
Frankfurt Airport starts the year with passenger decline
In January 2020, some 4.6 million passengers travelled through Frankfurt Airport (FRA) – a decline of 0.7 percent compared to the same month last year.…
Fitch ratings: Global ports vulnerable to coronavirus-related volume declines
Global ports will see reduced trade volumes as a result of the coronavirus, COVID-19, which would become more severe should Chinese production take time to…
Fitch rates LAX Airport, CA’s senior bonds ‘AA’; outlook stable
Fitch Ratings has assigned a 'AA' rating to the Department of Airports of the City of Los Angeles' (the department) $738 million senior revenue bonds…
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US natural gas consumption has both winter and summer peaks
Natural gas consumption in the United States has two seasonal peaks, largely reflecting weather-related fluctuations in energy demand. In the winter months, cold weather leads…