Airlines borrow $31 billion to weather pandemic blow to travel
Lenders worldwide have pledged more than $31 billion of loans to major airlines scrabbling to line up funding as the coronavirus pandemic forces them to…
Port of Oakland says canceled sailings could hit cargo volume
Freight moving smoothly but 10 percent of vessel calls scrubbed in May, June
Sealand: United States’ East Coast to South America Port of New York Terminal Change
Sealand will be moving from Global Container Terminal (GCT) on Staten Island, NY, to APM Terminals (APMT) in Port Elizabeth, NJ.
Hapag-Lloyd Atlantic Loop 5 Service (AL5) Terminal Change
Hapag-Lloyd announced that the Atlantic Loop 5 (AL5) west- and eastbound service will move from PPC Terminal in Balboa to Panama International Terminal S.A. (PSA…
Turkey seeks to restart economy with domestic flights in May
Turkey is deliberating whether to start reopening its economy with the resumption of some domestic flights as early as mid-May, officials with direct knowledge of…
Hamburg Süd: Export Correction Fee from United States and Canada
Hamburg Süd is increasing the Export Bill Of Lading (B/L) Correction Fee by $20 effective June 1, 2020. The fee will be assessed per B/L…
Low liquidity and limited available storage pushed WTI crude oil futures prices below zero
On Monday, April 20, 2020, West Texas Intermediate (WTI) crude oil front-month futures traded on the New York Mercantile Exchange (NYMEX) were priced in negative…
20 port authorities signed declaration to keep ports open to seaborne trade
The declaration, initiated by Singapore, calls for port authorities to collaborate and share best practices in ensuring that port operations can remain undisrupted.
City Union Logistics, member of XLProjects load anti-epidemic medical supplies to Moldova
City Union Logistics, member of XLProjects based in China recently completed the air charter operation of AN124 to Moldova last week, the flight departed from…
Swiss WorldCargo reinstates Cargo only destinations
Swiss WorldCargo will be operating an additional 100+ cargo only flights until the end of May.
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
