Air Freight News
China is set to reduce dollar’s influence on Yuan trading basket
The dollar’s influence on how China sets its yuan exchange rate is expected to decrease again this year.
India invites bids to sell entire stake in shipping corporation
India is seeking bids for the strategic sale of state-run Shipping Corp. of India, the nation’s largest shipping company, as the government speeds up asset…
American Air poised to recall workers after new payroll aid
American Airlines Group Inc. will begin recalling furloughed employees as soon as U.S. lawmakers approve a relief package with payroll funds for airlines, Chief Executive…
US adds over 100 Chinese, Russian companies to military list
The U.S. Commerce Department added more than 100 Chinese and Russian companies to a new list of firms it says have links to their nations’…
Click to Read More
2020 is year airlines would rather forget, as this chart shows
Carriers have been put through the wringer over the past 12 months
Leading ground handling agents deploy Descartes real-time air cargo tracking solution
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that four of the world’s largest ground handling agents are deploying Descartes…
Click to Read More
ICTSI upgrades Cameroon terminal with new TOS
Kribi Multipurpose Terminal (KMT), the Cameroonian subsidiary of International Container Terminal Services, Inc. (ICTSI), recently implemented the Logstar®Terminal Operating System (TOS) as part of the…
Click to Read More
WorldACD: Trends for the past 5 weeks (week 50)
In the second week of December (week 50) worldwide volume decreased by 1% compared with the previous week.
Click to Read More
No matter what happens: England-Gateway Cuxhaven is ready for Brexit
On 31 December, the Brexit transition period ends and with that, customs formalities between the European Union and United Kingdom will enter into force. For…
Mideast nations close borders over fears of mutant virus
Countries in the Middle East moved to shutter borders on Monday amid fears over the fast-spreading new strain of the coronavirus that the U.K. has…