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The world’s clothing factory, Bangladesh, today announced an ‘all-closed’ week-long lockdown, starting on Wednesday. It includes all factories, transport and shops, and will create uproar among the country’s export-oriented industry. Only the emergency services will remain open, and the movement of people will be severely restricted in a bid to stop the spread...


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...


Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favourable conditions for carriers and shipowners to last at least into the second half. “Unseasonal strength in container volumes and port congestion have buoyed freight markets, while in the time-charter markets, demand for vessels has outstripped wider...


Six global forwarders will ultimately determine the rates paid to airlines by Unicef for vaccine distribution. Yesterday, 16 airlines announced they had signed MoUs with Unicef to support its global vaccination plan. The agreements, which last five years, do not include pricing, according to the UN children’s organisation. “Pricing is outside the scope of...


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