Airfreight booking tool cargo.one is adding airfreight capacity from Air Canada to its digital offering, its first North American airline.... Read More The post Cargo.one adds first North American airline with Air Canada appeared first on Air Cargo News. ...
MARKETWATCH reports: The yield on the benchmark 10-year Treasury TMUBMUSD10Y, 1.751% rose as high as 1.78% on Tuesday, the highest level since Jan. 2020. Prices move in the opposite direction to yields. There wasn’t any obvious new catalyst for the move, which comes on the final day of the quarter and ahead of fresh U.S. jobs...
The huge containership that has been blocking the Suez Canal for more than a week has now been freed. The... Read More The post Suez containership freed but supply chain delays to continue appeared first on Air Cargo News. ...
The Suez Canal is set to resume operations today after the 20,388 teu Ever Given was re-floated overnight. While the vessel’s bow remained stuck on one side of the waterway this morning, the high spring tide this afternoon allowed salvors to re-float the entire ship and unblock the waterway after a week...
THE ATLANTIC writes: When a big jet airplane crashes, it almost always makes headlines around the world, and for good reason: Fatal passenger accidents are extremely rare. Right now, though, the eyes of the world are on the Ever Given, the massive container ship still stubbornly lodged between the banks of the Suez Canal. The Ever...
The first Asia-Europe container vessels have begun to be rerouted around the Cape of Good Hope, according to new AIS data. According to VesselsValue’s ship tracking data, Evergreen’s 20,400 teu Ever Greet, deployed on the Ocean Alliance’s NEU6 service (the same string as the stuck sister ship Ever Given), which had been...
Air, sea-air and rail freight demand is expected to rise significantly on Asia-Europe lanes as shippers try to avoid the chaos from the blocking of the Suez Canal by the Ever Given. “Increased air freight demand is almost unavoidable,” said one European forwarder. “Even if the vessel was salvaged today there would...
US airports with a cargo focus last year saw their freight volumes grow rapidly as consumers switched to e-commerce, according... Read More The post US cargo-focussed airports report rapid growth in 2020 appeared first on Air Cargo News. ...
DB Schenker saw revenues and profits increase last year despite air and ocean volumes both declining. The Germany-headquartered freighter forwarder... Read More The post DB Schenker sees revenues and profits increase in 2020 appeared first on Air Cargo News. ...
Cargo wholesaler Air Menzies International (AMI) has moved to a new facility at Los Angeles International (LAX) as it looks... Read More The post AMI expands at fast-growing LA ahead of new air cargo security requirements appeared first on Air Cargo News. ...
