March 2020
Here are the new CMA CGM Freight All Kinds (FAK) rates(*) applicable as from April 1st, 2020 (date of loading in the origin ports) until further notice:
These new FAK rates will apply as follows: • Origin Range: From Mediterranean ports: Malta, France (Fos/Marseilles), Italy, Spain and via said ports (Albania, Algeria, Bulgaria, Cyprus, Croatia, Georgia, Greece, Lebanon, Libya, Morocco, Romania, Russia, Slovenia, Tunisia, Turkey, Ukraine) excluding ...
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Benzinga, an investor newsletter, is reports that Foxconn, best known for making Apple Inc. devices including iPhones, restarted production earlier last month as the spread of the COVID-19 virus seemingly slowed in China. It added, however, that China continued to suffer a labor shortage as people took precautions against the ...
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Emirates SkyCargo, the freight division of Emirates, announced that it is working with Accuity, the leading global provider of financial crime compliance, payments and Know Your Customer (KYC) solutions, to help automate and streamline its regulatory compliance screening operations, increase efficiency and improve the speed of service to its customers.
Emirates ...
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Global chargeable weight in February 2020 fell - on a like-for-like basis - by nearly 9% versus 2019 as the air cargo industry suffered the dramatic consequences of the novel coronavirus on world trade. Market analyses by CLIVE Data Services for last month shows that conducting a basic year-on-year ...
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The Oregon International Port of Coos Bay announces the opening of the Lost Creek Rock Products Coastal Reload Yard on the North Spit in Coos County, Oregon. This multimodal, multi-commodity rail to truck and truck to rail terminal will serve the entire Southern Oregon Coastal Region with a vital link ...
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Fallout from the COVID-19 outbreak has affected almost all businesses in Hong Kong but the many trade-focused small and medium-sized enterprises (SMEs) face a stiffer challenge than most as prolonged factory shutdowns in Mainland China have weighed on the global supply chain network.
Meanwhile, Hong Kong, one of the world’s leading ...
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Team Worldwide announce its newest Branch Office in Minneapolis, Minnesota. The new office, which opened on March 3, adds to the company’s extensive network of over 45 Branches across North America.
Team was interested in offering service to/from Minneapolis due to the strong economy, diverse customer base, and large ...
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Air France, KLM, Delta and Virgin Atlantic entered into an expanded partnership that enhances carrier networks – a benefit for cargo customers. The enhanced network is built around the carriers’ hubs in Amsterdam, Atlanta, Boston, Detroit, London Heathrow, Los Angeles, Minneapolis, New York-JFK, Paris, Seattle and Salt ...
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Atlas Air Worldwide Holdings, Inc. announced on January 7 that its Atlas Air, Inc. unit and EL AL Israel Airline Ltd. have entered into an agreement that enables EL AL to expand its reach and cargo lift for its customers. Under the terms of the ACMI (aircraft, crew, maintenance ...
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Air Transport Services Group, Inc. recently announced that Joe Hete will retire as chief executive officer of the aircraft leasing and air transport services company, effective at ATSG’s next annual meeting of shareholders on May 7, 2020.
Hete, 65, is expected to remain a member of ATSG’s Board of Directors ...
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