CMA CGM: Situation in Suez Canal update #3 (March 27, 2021)
Following the ongoing incident in the Suez Canal, CMA CGM Group is thoroughly monitoring the situation in close contact with its local teams and the…
CMA CGM AIR CARGO opens two new destinations in the United States
CMA CGM AIR CARGO, our new dedicated air freight division, is deploying 4 Airbus A330-200F to offer agile solutions to our customers
Russian farmers undeterred by export crackdown, at least for now
Russia’s bid to cool food inflation with crop-export taxes is bad news for farmers’ profits, though leaves them little choice but to plow ahead with…
Car carrier heads back toward Suez Canal after double u-turn
At least one shipping company appears to be taking the view that the Suez Canal might soon reopen.
French government, EU close in on rescue plan for Air France
French Finance Minister Bruno Le Maire said the government and the European Commission are nearing a deal for the recapitalization of Air France that could…
Etihad shifts fifth Boeing jet to cargo duty with demand surging
Abu Dhabi’s Etihad Airways will temporarily convert a fifth Boeing Co. 777-300ER jetliner to cargo duty, responding to a sustained rise in demand for dedicated…
Ending Suez snarl-up still needs work as ship partly refloated
A giant container ship blocking the Suez Canal has been partially re-floated, though there’s still significant work ahead to fully dislodge the stricken vessel and…
The world’s other major shipping pileup is still clogging trade
Ship congestion outside the biggest U.S. gateway for Asian imports worsened from a week ago, highlighting a headwind facing American companies just as a pileup…
Oil falls as Suez ship partially refloated, market weighs demand
Oil retreated as salvage teams partially refloated the giant vessel that has been blocking the Suez Canal, and traders weighed the impact of renewed lockdowns…
One in four small U.K. exporters halt EU sales amid Brexit costs
One in four small U.K. exporters have halted sales to the European Union because of red tape caused by Brexit, according to a survey published…
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