The good news of Pfizer and BioNTech’s Covid vaccine has been tempered by the requirement that it needs to be stored at -70C or below – a tough challenge for the logistics business. A recent survey by phamra.aero and Tiaca found that only 15% of respondents said they could handle vaccines that require...
MARKETWATCH reports: Buckling under the resurgence of the coronavirus in Europe, the Spanish government on Sunday declared a national state of emergency that includes an overnight curfew in hopes of not repeating the near collapse of the country’s hospitals. Meanwhile, Italy’s leader imposed at least a month of new restrictions across the country...
The dearth of air freight capacity has led to an increasing number of offers for freighters that either do not exist, or are parked in the desert not ready to fly. Charter brokers claim scams became prevalent during the PPE rush, as governments and inexperienced bookers urgently sought capacity. “Regretfully, it’s becoming more...
Atlas Air, Kalitta Air, Western Global and Amerijet have been asked to return $631m in coronavirus funding, paid via the US Payroll Support Programme. Congressman James Clyburn, chairman of the select subcommittee on the coronavirus crisis, wrote to each chief executive asking them to demonstrate that the funds were needed to keep...
Logistics providers in the automotive sector have been warned to brace for one of the sharpest downturns in living memory. There are fears the multiple effects of the coronavirus pandemic and Brexit spell a double-digit decline in vehicle sales this year. According to new analysis from Transport Intelligence (Ti), the market is forecast...
Transpacific carriers have reacted to a robust demand outlook and record container spot rates by deploying extra loaders on the tradelane. With October advance vessel load data for the port of Los Angeles running 30% to 34% higher than last year, carriers are also looking at more permanent network upgrades on the...
