Lineas Aereas Suramericanas (LAS Cargo) has selected ATC Aviation as its general sales and services agent (GSSA) for its airfreight... Read More The post LAS Cargo selects ATC Aviation as GSSA in Ecuador appeared first on Air Cargo News. ...
Container freight indices are on the rise again, but even at their highly elevated levels they mask the true cost of shipping. For example, the Freightos Baltic Index (FBX) North European component jumped by 6% this week, to $7,791 per 40 ft – a huge 450% increase on the rate a year...
Money clearly means power and air cargo, finally, has won its moment in the sun, a rare gift from Covid-19. Authorities are now starting to consider the industry’s needs and how various challenges can be overcome, just as IATA publishes data showing that air cargo will this year account for one-third of...
The scale of the improvement in the liner industry’s fortunes was laid bare today when OOCL released its first-quarter operational update showing its average revenue per container, across all trades, had increased 58.3%, year on year. This was accompanied by a 28.3% year-on-year increase in volumes, which led to OOCL posting provisional...
(Note to the reader: Mr Hidden Lead, a senior executive from the global logistics community, had something to say this week. Something so strong that it couldn’t possibly pass unnoticed. If you disagree with what follows, we invite you to submit your rebuttal. You can get in touch with Premium here.) TWELVE global...
AirBridgeCargo Airlines (АВС) has collaborated with ART-Сourier to transport more than 200 museum exhibits on a scheduled flight from Moscow to... Read More The post AirBridgeCargo moves exhibits for Hong Kong exhibition appeared first on Air Cargo News. ...
Canadian National (CN) is trying to derail the planned marriage of Kansas City Southern (KCS) and Canadian Pacific (CP) by wooing KCS shareholders with a higher offer. At US$325 per share for the US rail company, CN’s offer values KCS at $33.7bn, beating the $29bn purchase price rival CP agreed last month. CN...
Air Cargo Belgium (ACB), a key member of Brussels Airport’s cargo community BruCargo, is celebrating its five-year anniversary. The company... Read More The post Air Cargo Belgium marks fifth anniversary appeared first on Air Cargo News. ...
Airfreight rates are expected to remain at an elevated level in the long term while freighters are expected to gain... Read More The post Airfreight rates predicted to remain ‘strong’ in the long term appeared first on Air Cargo News. ...
REUTERS reports: Canadian National (CNR.TO) said on Tuesday it had offered to buy railroad operator Kansas City Southern (KSU.N) for about $30 billion, trumping a rival bid by Canadian Pacific (CP.TO) and sending the U.S. company’s shares up more than 20%. Either combination will create the largest North American railways, spanning across the...
