United Airlines Sees Cash Burn Easing on Virus-Era Cost Cuts
United Airlines Holdings Inc. will wrestle its average daily cash burn down to no more than $45 million in the second quarter as the carrier…
Pierbridge Offering Free Ship-from-Home Remote Solution Subscription in Response to COVID-19
Pierbridge Inc., a renowned global leader in the transportation software industry, has announced it’s providing a free one-year subscription to a Transtream Home Office solution…
American Air Focuses on U.S. Aid While Rivals Sell Bonds, Equity
American Airlines Group Inc. is doubling down on government aid even as rivals expand their funding sources with sales of shares and bonds.
Lufthansa Running Out of Bailout Road as Germany Sets Terms
Germany’s government has set out a unified position on a bailout for Deutsche Lufthansa AG, with the airline group expected to accept a significant state…
SeaIntelligence’s Jensen: container market recovery looks likelier in 2021… maybe
Jensen, who has been critical of the decision by ocean carriers to heavily invest in 18,000 TEU ships and larger says ports and terminals who…
MSC PCE - Panama Canal Emergency Surcharge
SCOPE: WSCA to USA
Effective May 1st, 2020
World Container Index - April 30
The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia decreased by…
US crude oil inventories are approaching record-high levels
Recent declines in demand for petroleum products have contributed to record increases in U.S. commercial crude oil inventories. Transportation fuel demand has decreased as a…
Atlantic Logistics gives back during coronavirus crisis
Being a truck driver is a difficult job under normal conditions. But doing it has become increasingly difficult since the COVID-19 pandemic began. Employees at…
New Shandong-Europe Express links China and Hamburg
China is the Port of Hamburg’s most important trade partner. Hamburg serves as the gateway to Europe for Chinese goods. Along with handling ocean shipping,…
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