Air Freight News
[Freightos Weekly Update] Freight rates and congestion levels point to normalizing supply chain
Key insights: 1. The increase in Covid cases in China is reportedly having some impact on manufacturing and logistics operations. But as demand for exports…
Air France-KLM taps contentious ESG market to repay state aid
Air France-KLM is turning to a much-debated part of the ethical bond market to repay state aid that helped it weather the coronavirus pandemic.
Horizon Aircraft successfully completes hover testing of VTOL aircraft prototype
Horizon Aircraft (“Company” or “Horizon”), an innovative leader in hybrid electric Vertical Take-off and Landing (VTOL) aerial vehicles, announced today that it has successfully completed…
Union boss says UK rail strike talks to resume next week
One of the UK’s biggest unions accused the government of waiting until after this week’s crippling rail strikes before resuming talks over pay and working…
German power exports to France surge to highest in 30 years
German power exports to France jumped to their highest level in more than three decades last year as the nation struggled with prolonged nuclear outages.
White House says Southwest ‘failed’ customers during travel meltdown
The White House said Southwest Airlines Co. should bear full responsibility for massive holiday travel disruptions that stranded thousands of passengers across the US, and…
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Southwest Air seen sticking by CEO, business model after crisis
Southwest Airlines Co. says it’s sparing nothing in an operations review after a Christmastime meltdown stranded tens of thousands of passengers. But that’s not likely…
NRF economist says balance between inflation and interest rates is key to avoiding recession
It’s too soon to say whether the Federal Reserve’s efforts to reduce inflation will lead to a recession, but continuing interest rate hikes increase the…
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MSC BRC - scope: Indian Subcontinent/Middle East to USA
Effective February 1st, the MSC BRC quantum for the month of February 2023 to be considered for the Indian Subcontinent and Middle East will be…
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MSC BRC - scope: WCSA to USA
MSC BRC levels will change as per below: