The hottest trade in commodities is finding space to store them
When it comes to commodities, the only thing in demand right now is somewhere to put them.
Virgin Australia seeks $863 million government rescue loan
Virgin Australia Holdings Ltd. asked the government for a A$1.4 billion ($863 million) loan to get through the coronavirus crisis.
Spirit Air Halts Flights to LaGuardia, Newark on Virus Advisory
Spirit Airlines Inc. is temporarily suspending service at five airports in the U.S. Northeast because of heightened government travel advisories aimed at curbing the spread…
Air Canada puts 16,500 staff on furlough, cuts operations
Air Canada will cut capacity by as much as 90% next quarter and temporarily reduce its workforce by about 16,500 to reduce costs during the…
Branson’s Virgin Orbit to pivot from rockets to ventilators
Billionaire Richard Branson’s rocket-launch company is looking to join the rush to make ventilators, as a shortage of the life-saving equipment looms because of the…
EU presses Johnson over Irish Customs checks after Brexit
The European Union warned the U.K. to set out what steps it will take to prevent a hard border in Ireland after Britain’s final break…
First-ever DACHSER Mexico international charter airlifts over 3 million surgical and respiratory masks to Germany
DACHSER de México S.A. de C.V. (DACHSER Mexico), a global logistics provider, announced that it provided free air transportation of more than three million surgical…
Qatar Airways resumes scheduled belly-hold cargo operations to China
Qatar Airways becomes the first Middle Eastern carrier to resume belly-hold operations to all of its destinations in China by leveraging the flexibility and reliability…
OCEMA public policy statement regarding COVID‐19 and transport logistics
Washington, DC – In hopes of stimulating awareness and industry preparedness, the Senior Steering Committee of the Ocean Carrier Equipment Management Association (“OCEMA”) has adopted…
Freight Transportation Services Index (TSI), February 2020
. In the previous release for January, the Freight TSI was unchanged in January from December. From January 2019 to January 2020, the index fell…
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