Industry News

AIR FREIGHT UPDATES Air Cargo Report: More capacity comes on line, but shortage persists freightwaves.com Every Sunday our Air Cargo Market Update shines a spotlight on rates and other trends influencing transportation suppliers and buyers. This week we’re going to focus on new capacity coming into the market, mostly in the form...

OCEAN FREIGHT UPDATES All alliances reinstate transpacific capacity splash247.com All three east-west alliances have now committed to reinstate blanked sailings in October on the booming transpac Maersk, part of the 2M vessel sharing agreement, communicated last week its intention to reinstate blanked sailings from Asia to the west...

OCEAN FREIGHT UPDATES FMC to investigate carriers’ runaway rates success container-news.com Following up on last week’s efforts by the Chinese Ministry of Transport to curb runaway spot rates, United States authorities have threatened to take carriers to court if they discover evidence of collusion in the container shipping...

AIR FREIGHT UPDATES Air Canada Launches Monthly Infinite Flight Pass simpleflying.com It is rare to see a premium airline offer an unlimited flight pass, but Air Canada is doing just that. In an effort to stimulate travel and generate some revenue, Air Canada is now offering an Infinite Canada Flight Pass. Prices vary depending...

AIR FREIGHT UPDATES IATA confirms the departure of Glyn Hughes as head of cargo aircargonews.net IATA has confirmed that head of cargo Glyn Hughes will leave the organsiation as part of a wider restructuring. Hughes will leave the position, which he has occupied for the last six years, through voluntary redundancy at the start...