Reduction in April 2020 freight movement largest since 2009 recession
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 7.7% in April from…
Air France KLM Martinair Cargo continues to expand its cargo network
At Air France KLM Martinair Cargo aims to keep supply chains moving. Especially at a time when wide-body belly capacity is limited, it’s essential to…
Delta returns to bond market weeks after $3.5 billion sale
Delta Air Lines Inc. is returning to the bond market within weeks of its last visit, looking to support its liquidity and repay outstanding debt.
FBX Weekly] Ocean rates spike to 18-month high, but carriers still expecting low volumes
Here's this week’s update.
Garuda wins approval for debt extension, easing cash crunch
Indonesian flag carrier PT Garuda Indonesia won approval from investors to extend the maturity of a $500 million sukuk, easing a cash crunch as the…
Travel to Europe will be allowed again starting July 1
The European Union plans a “gradual and partial” easing of a ban on most travel to the bloc as of July 1, a top official…
After rollicking start, Cathay Pacific shares return to Earth
After surging the most in more than a decade, Cathay Pacific Airways Ltd. shares reversed course and closed down 1%, a day after the carrier…
Natural gas heads for record drop in global demand
The global natural gas market is poised for the biggest-ever drop in demand as a result of the Coronavirus crisis, an event that’s likely to…
Dread over impending anti-Huawei law grows at US companies
A quiet panic is spreading in Washington and corporate boardrooms that a law taking effect in two months, which bans Huawei Technologies Co. gear, will…
Macron needs more than $17 billion to save Airbus
Recent measures may not be enough to offset the impact of the crisis on aerospace firms.
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
![[Freightos Weekly Update] Ocean rates climbing, with more increases expected soon](https://www.ajot.com/images/uploads/article/_thumbs/Support_grows_for_India%E2%80%99s_new_maritime_CCTV_rules.jpg)
