Air Freight News
Spanish ‘ghost airport’ reinvents itself as park for idle jets
Spain’s Ciudad Real airport had become almost obsolete before the Covid-19 outbreak, operating mainly as a drop-off point for hunting enthusiasts keen to visit the…
Fortress fails to sell record bond deal for Las Vegas Rail
Fortress Investment Group is postponing its plan to build a train to Las Vegas from Southern California after failing to sell a record amount of…
Korea export recovery continues with daily shipments rising
South Korea’s exports recovery continued in October with daily shipments pointing to a continued pickup in overseas demand, even though a national holiday reduced working…
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Lufthansa can emerge stronger from pandemic, CEO Spohr says
Deutsche Lufthansa AG can emerge stronger from the airline industry’s worst crisis since World War II by becoming leaner, Chief Executive Officer Carsten Spohr said.
Dutch reject KLM cost-cutting plan linked to government bailout
The Netherlands has rejected a cost-cutting plan put forth by Air France-KLM’s Dutch arm and withheld a portion of a 3.4 billion-euro ($4 billion) government…
China’s factory outlook steadies as recovery stays on track
An official gauge of activity in China’s manufacturing industry fell slightly in October, while consumer spending helped to lift services output, suggesting the economic recovery…
FedEx vows to avoid transport bottlenecks in vaccine roll-out
FedEx Corp. is pledging to avoid transportation logjams when a massive operation begins to deliver a coronavirus vaccine.
Oil has worst month since March after covid surge hurts recovery
Oil posted its largest monthly drop since March as renewed lockdown measures to contain the coronavirus threatened to upend a shaky demand recovery.
Amazon announces first fulfillment center in North Dakota
New one million square-foot site will be in Fargo and create 500 full-time jobs
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CMA CGM FAK from Asia to the Indian Subcontinent
CMA CGM Freight All Kinds (FAK) rates as follows as from November 15th, 2020 (date of loading in the origin ports in Asia) and until…