Emirates kicks off thousands of job cuts to navigate virus slump
Emirates started the process of firing thousands of workers to help the world’s largest long-haul carrier preserve cash during the industry’s recovery from the Covid-19…
Bombardier, once a Canadian champion, faces ouster from index
Bombardier Inc. is facing the boot from Canada’s main index as it slides toward irrelevance for equity investors.
FIS Air Freight Report June 8, 2020
China to Europe begins its slide in line with China to USA, as prices rout, down $1.52 on the week. China to USA now sits…
FourKites Introduces Industry-First Dynamic ETAs for LTL Freight
Data science breakthrough enables LTL shipment tracking, with 6x more accurate estimated arrival times
Cathay avoids collapse with $5 billion government-backed plan
Cathay Pacific Airways Ltd. became the latest global carrier to receive a lifeline to get through the coronavirus pandemic, with the chairman saying its plan…
Europe’s steelmakers rip into EU revamp of import controls
The European Union steel industry lashed out at the EU’s trade authority for failing to slash import quotas in a planned revamp of them, saying…
Trade-reliant Germany suffers biggest ever plunge in exports
German exports plunged at a record pace in April when economies around the world shut down to contain the coronavirus.
Vietnam weighs allowing flights from virus-free countries
Vietnam is considering the resumption of some international flights to and from destinations that have had no novel coronavirus cases in the past 30 days,…
France earmarks $17 billion for ailing aerospace industry
The French government unveiled a rescue plan for the struggling aerospace industry that includes billions of euros to support Airbus SE and its suppliers hard…
UK and Japan start post-Brexit talks to replace EU deal
The U.K. and Japan start trade talks Tuesday, aiming to replace the free-trade agreement that Britain currently enjoys with the country through the European Union.
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