Air Freight News
SC&RA applauds changes to HOS regulations but falls short of request
The changes reflect some of the sentiments of SC&RA both in formal comments submitted last fall, and in a private meeting between SC&RA leadership and…
TIA Releases 1st Quarter Performance Measures for 3PL Industry
One disappointment is the drop in margin percent, something that has not happened on the approach to recession before.
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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…