Chicago Rockford (RFD) and Cologne Bonn (CGN) airports are teaming up to attract cargo and work on new e-commerce handling... Read More The post Chicago Rockford and Cologne Bonn team up on cargo appeared first on Air Cargo News. ...
Countries should lift restrictions on air cargo operations in a bid to improve supply chain connectivity, according to ICAO. In a series of recommendations announced on Friday, following council approval, ICAO is pushing for wider adoption of seventh freedom traffic rights for cargo operators. The organisation’s recommendation 16 states: “Member states are encouraged...
SEEKING ALPHA reports: – One of the hottest growth areas on Wall Street, special-purpose acquisition companies, is becoming a target for short sellers, WSJ reports. In fact, the dollar value of bearish bets against shares of SPACs has more than tripled to about $2.7B from $724M at the start of the year, according to...
IDENTITY ELEMENT writes: In the period leading up to the 1990s, sound business models were predicated upon deploying capital to produce assets which in turn generated more capital; in essence, to generate a dividend. Homeowners who rent their properties out have deployed capital for accumulating a return on this investment via rent...
SpiceXpress, the cargo division of SpiceJet, helped transport cargo from Dakha in Bangladesh to Spain via Kolkata and New Delhi... Read More The post SpiceXpress contributes to Bangladesh-Spain road-air operation appeared first on Air Cargo News. ...
The heads of Deutsche Post (DP) DHL and Kuehne+Nagel (K+N) are both expecting airfreight capacity to remain constrained for the... Read More The post Top air forwarders expect continued capacity constraints for 2021 appeared first on Air Cargo News. ...
Container spot rates from Asia to Europe remained virtually unchanged this week, despite softer demand, assisting carriers to lock-in shippers with huge contract rate hikes. On the transpacific, there was no let up in demand and BCOs are struggling to secure new deals with carriers. According to the Asia to North Europe component...
Hellmann Worldwide Logistics has appointed Patrick Oestreich as its chief commercial officer (CCO), succeeding Jens Möller who took over the... Read More The post Hellmann appoints new chief of commercial appeared first on Air Cargo News. ...
SEEKING ALPHA reports: – South Korean e-commerce giant Coupang (CPNG) is indicated to open at $59-$62/share in an IPO after pricing at $35/share last night. – Coupang is raising about $4.6b for a market valuation of about $60b based on the IPO pricing last night. – Coupang, which many view as South Korea’s answer to...
UK logistics exhibition Multimodal has announced plans for the event to go ahead on October 19 to 21. The annual... Read More The post Dates confirmed for Multimodal event appeared first on Air Cargo News. ...
