Air Freight News
Crew change: Drastic measures needed now
INTERCARGO cannot even begin to contemplate the impacts if terminal and cargo operations were halted and cargo vessels stopped operations and trading, as a result…
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Hyster launches wearable sensor-driven solution to promote social distancing
The system uses wearable tags that vibrate whenever personnel get too close to each other, based on input from proximity sensors and predetermined distance settings.
CMA CGM GRR from Asia to East Africa
CMA CGM announced the following General Rate Restoration effective August 15th, 2020 (B/L date)
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Early 2020 drop in crude oil prices led to write-downs of U.S. oil producers’ assets
According to publicly filed financial statements, 40 U.S. oil producers collectively wrote down $48 billion worth of assets in the first quarter of 2020, the…
Infinity Intermodal touts fast transit times across its network
Recently opened lanes servicing Minneapolis and Salt Lake City have proved fast and reliable along with core lane offerings servicing the greater Chicago area and…
Cargo.one raises $18.6 million to expand to North America and Asia
Cargo.one, the digital booking platform for air cargo, has raised $18.6 million in venture funding. In response to rising demand, it plans to onboard new…
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Polaris Shipping Agencies handle steel tubing at Hamriyah Port
UAE members, Polaris Shipping Agencies recently completed the handling of seamless steel tubing at Hamriyah Port totalling around 2,100frt.
Trade pact to give Africa $450 billion boost, World Bank says
An Africa-wide free-trade pact could bolster the region’s income by $450 billion and lift 30 million people out of extreme poverty by 2035, if accompanied…
US durable goods orders advanced more than forecast in June
U.S. orders for durable goods rose more than expected in June, led by a spike in demand for motor vehicles and a pickup in business…
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Iraq set to reduce food imports by boosting wheat production
Iraq, formerly the Middle East’s second-biggest wheat buyer, expects to be self-sufficient in the staple crop for a third consecutive season.