From this month, passenger airlines Condor, TUI and Sunclass are offering their bellyhold capacity on cargo.one, the digital cargo booking... Read More The post Condor, TUI and Sunclass list bellyhold capacity on cargo.one appeared first on Air Cargo News. ...
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Here’s the latest news from AP Møller-Mærsk (APMM), released today @ 16.23 GMT after the market closed (Q3 ’20 results are due tomorrow): Upgrading the full year EBITDA guidance for 2020 Based on the preliminary financial figures for October and the increased momentum in the fourth quarter in global container volumes and freight...
The Cool Chain Association (CCA) has launched a Covid-19 matrix to help airports prepare operations for the launch of vaccines.... Read More The post Cool Chain Association launches Covid-19 airport matrix appeared first on Air Cargo News. ...
Virgin Atlantic Cargo has added a new pharma service ahead of the launch of a new Covid-19 vaccine. The airline... Read More The post Virgin Atlantic Cargo launches new pharma service as it prepares for vaccine appeared first on Air Cargo News. ...
Container freight rates from Asia to Europe are going through the roof, mirroring the trend on the transpacific, with regulators seemingly unable to stop the relentless onslaught on shippers that threatens to sink business. European and US importers outside or in excess of contract are seeing their freight budgets destroyed by unprecedented...
SEEKING ALPHA reports: – Masayoshi Son’s SoftBank Group reported Sept. end total portfolio value of $12.92B, sharply down from $17.52B at the end of the June quarter. – SoftBank had reduced its holding to just 4 companies (…) at the end of Q2. – Notable exits include Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Adobe (NASDAQ:ADBE), Netflix (NASDAQ:NFLX), Microsoft (NASDAQ:MSFT) and Tesla (NASDAQ:TSLA). To read the...
ZERO HEDGE writes: Last quarter, amid the bank panic resulting from surging loan loss provisions, we observed that the heart of the debt-addicted US economy was hit especially hard by the double whammy of collapsing consumer loan supply, with the August Senior Loan Officer Survey finding that banks reporting tighter loan conditions...
Two air cargo companies picked up awards at today’s Logistics UK Awards. Most innovative product of the year, sponsored by... Read More The post Air cargo success at the Logistics UK Awards appeared first on Air Cargo News. ...
Container spot rates continued to climb on the Asia-Europe trades this week on the back of strong demand and extremely tight capacity, in terms of both vessel and equipment availability. Today’s Shanghai Containerised Freight Index (SCFI) published a rate of $1,508 per teu for Shanghai-North Europe, an increase of $262 per teu...
Cargolux is examining the Boeing 777-300ER freighter conversion programme as a candidate to meet its future fleet requirements, according to... Read More The post Cargolux looking ‘very closely’ at 777-300ER freighter conversion appeared first on Air Cargo News. ...
