Airline stocks come down to earth as earnings outlook darkens
Summer’s ending with a thud for US airline stocks, as a litany of problems from rising oil costs to flagging domestic-travel demand threaten earnings.
WorldACD Weekly Air Cargo Trends (week 34):
Late August rebound follows last year's pattern
Raimondo revives China business talks but delivers no deals
US Commerce Secretary Gina Raimondo won a promise to revive business talks between Washington and Beijing, a key step as both sides look to ease…
ASML says it can ship restricted chip-making gear until year end
ASML Holding NV said it has licenses to ship restricted chip-making machines to China until the end of the year, even as export curbs kick…
One ship in Panama Canal paid $2.4 million to skip the line
Shippers are having to pay record amounts if they want their carriers to beat a logjam of vessels waiting to cross the drought-affected Panama Canal.
IANA and the BIC expand collaboration to North America geofencing
The Intermodal Association of North America (IANA) and the Bureau International des Containers (BIC) are extending their collaboration on container facility identification, which began in…
World container growth expected to remain sluggish as major US and European ports see declines in container trade
U.S. and European container ports saw a continued decline in Q1 2023 as retail imports continued to remain sluggish total container volume at the top…
MSC BRC – scope: Export USA dry cargo for October 1st
Effective October 1st, 2023, BRC (Bunker Recovery Charge) levels for Export USA DRY cargo as follows:
MSC BRC – scope: Export USA reefer cargo for October 1st
Effective October 1st, 2023, MSC BRC (Bunker Recovery Charge) levels for Export USA REEFER cargo as follows:
MSC Jebel Ali Destination Terminal Handling (DTHC) surcharge scope: USA & Puerto Rico to Jebel Ali, United Arab Emirates
In accordance with the Dubai Maritime Authority Administrative Decision (Number 2 of 2023) MSC as of November 1, 2023 (cargo arrival date) will no longer…
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