SAS files for chapter 11
To proceed with the implementation of key elements of its business transformation plan called "SAS Forward", SAS and certain of its subsidiaries have voluntarily filed for chapter 11 in USA, a legal process for financial restructuring conducted under US federal court... more
Do spot rates show the trend?
Currently, about 10% of global vessel capacity remains effectively unavailable to the market due to vessel delays. In addition, there was an expectation that the Shanghai re-opening would lead to a significant boom in demand - which did not occur. Recent spot rates are also... more
Laurels for 364 short line railroads
The American Short Line and Regional Railroad Association (ASLRRA) has announced a record number of Jake Safety Awards, including twenty member railroads being selected as President’s Safety Award winners. The Jake Award programme recognises member railroads for... more
Air France to ban transport of monkeys
Following more than a decade of intense campaigning by Peta USA, international Peta entities, other animal protection groups, and grassroots activists around the world, Air France has announced that it will end its transport of monkeys to laboratories as soon as its current... more
Once upon a time in Mexico
To provide fast and flexible services for its customers on site, international logistics provider Cargo-Partner has opened a fully-fledged office in Mexico City, its second location in the country. The group opened an "agents' liaison and key account support... more
First flight into Asia for DHL Air UK
DHL Express has introduced a new Hong Kong – Nagoya/Chubu – Cincinnati - East Midlands route. Operating its inaugural flight to Asia, DHL Air UK commenced the service on 26 June 2022. Currently travelling three times a week, the dedicated B777F will double its frequency... more
A growing trend in container vessel capacity
There is a growing interest for one segment of middle-sized container vessels. According to Niels Rasmussen, chief shipping analyst at Bimco, new container ships below a capacity of 8,000 teu have become increasingly popular. He said: “At 1.9 million teu, the current order book... more
Trading air cargo capacity online
Air charter broker Avico has started listing freighter capacity with the online marketplace Airblox, a fintech platform which enables brokers, freight forwarders and airlines to trade cargo capacity in the form of standardised electronic block space agreements (EBSAs). A... more
Latam resumes flights to the Falkland Islands
Tomorrow, 2 July 2022, the South American airline Latam will resume its scheduled service from Punta Arenas (Chile) to Mount Pleasant in the Falkland Islands, which was suspended in March 2020. The once-weekly A320 has an underfloor cargo capacity of approximately 2 t and makes... more
Which are the most climate effective measures?
The freight sector plays an important role dealing with climate change and in reaching the Paris Agreement goals. But which measures are in fact the most efficient in the freight transport business? A new study, funded by the Coalition for Reimagined Mobility shows that two... more