CMA CGM PSS for Middle East / ISC to US and Canada
Peak Season Surcharge (PSS) rates applicable as from July 15th, 2020 (date of loading in the origin ports) until further notice
CMA CGM end of PCS for Reefer Cargo Chittagong, Bangladesh
CMA CGM announced that the PCS (Port Congestion Surcharge) of USD 1,300 applicable to Reefer imports into Chittagong, Bangladesh since April 8th, 2020 is to…
CMA CGM rate announcement from Asia to Red Sea
CMA CGM announced the following increase on REX lines effective July 15th, 2020 (B/L date):
FTR Reports Preliminary North American Class 8 Net Orders for June Rebound to 15,500 Units
FTR reports preliminary North American Class 8 net orders rebounded in June to 15,500 units, up 130% from May, as well as, up y/y by…
Virgin Australia Bondholders Seek to Block Sale to Bain Capital
Virgin Australia Holdings Ltd. bondholders asked the country’s deals regulator to let them pitch a plan to rescue the airline in an effort to derail…
September Is Key Date for Brexit Progress, Finance Lobby Says
The finance industry is ramping up pressure on the European Union to ensure access to London financial markets, warning of major disruptions without progress toward…
France Inc. Sticks With Supply Chains Despite Pandemic Fallout
The coronavirus pandemic may change many things about the way French car-parts maker Valeo SA operates, but its sprawling global supply chains won’t be among…
Airbus CEO Urges Better EU Coordination on Restarting Air Travel
Airbus SE Chief Executive Officer Guillaume Faury called on the European Union to coordinate the return of international air traffic, saying chaotic decision-making on flight…
Libya’s Oil Exports Set to Drop This Month as Blockade Continues
Libya will export two oil cargoes totaling 1.2 million barrels in July -- a third less than in June -- as forces opposed to the…
U.K., Kenya to Negotiate Post-Brexit Trade Deal
British Prime Minister Boris Johnson and Kenya’s President Uhuru Kenyatta agreed to start negotiations for a post-Brexit trade agreement between the two nations.
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