Air Freight News
CMA CGM PSS - Reefer cargo from Ecuador to all destinations
In a continued effort to provide our customers with reliable and efficient services, CMA CGM Group wishes to inform of the following Peak Season Surcharge:
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2020 volatility lifts freight derivative volumes
The freight derivatives markets for both tankers and dry cargo vessels saw increased traded volumes in 2020, according to data released by the Baltic Exchange. 
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JZ Expedited Companies planned expansion includes 45 acre / 500,000-1 million SF
The JZ Expedited Companies has announced plans of developing 45 additional acres of yard space along with increasing its warehouse footprint to 500,000-1 million square…
Amazon makes first aircraft purchase to expand cargo network
Amazon.com Inc. is buying 11 used Boeing 767-300 planes, the first time the online retail giant has purchased, rather than leased, aircraft for its fast-growing…
Johnson launches charm offensive to sell Brexit deal to business
Prime Minister Boris Johnson will hold a call with U.K. business leaders to spell out details of the last-minute trade deal he struck with the…
US says India’s trade policies a barrier for new investments
A senior U.S. diplomat has criticized Indian Prime Minister Narendra Modi’s trade policies, saying growing restrictions on market access and limits on the free flow…
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Airlines begin scrapping U.K. flights following new lockdown
Airlines kicked off 2021 by shrinking their already meager U.K. schedules, prompted by a new coronavirus lockdown and the prospect of further restrictions on travel…
OPEC core’s exports edged higher before talks on output targets
OPEC’s Persian Gulf exporters shipped more oil last month than at any time since May, when their current round of output restraint came into effect.…
Gulf thaw may boost Qatar’s non-oil economy, Fitch says
A resolution of the dispute between Qatar and its Gulf neighbors is expected to bolster prospects for the gas-rich nation’s non-oil economy over the medium…
Iran seizes ship, ramps up enrichment as Gulf tensions mount
Iran seized a South Korean-flagged oil tanker in the Strait of Hormuz hours before announcing it would increase its nuclear activities, as tensions in the…