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IATA: Airline companies could turn into ghosts

New forecasts from the International Air Transport Association (IATA) are painting a bleak picture for airline recovery. According to the IATA's recent updated analysis, which profiled damage wrought by the COVID-19 crisis on the global airline industry, airline passenger...

source: By Lark Gould
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The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending August 8, 2020. For this week, total U.S. weekly rail traffic was 497,397 carloads and intermodal units, down 6.7 percent compared with the same week last year. Total carloads for...

source: AAR.org

​Canadian Pacific announced it hauled more Canadian grain and grain products in the 2019-2020 crop production year than any in its 139-year history. In total, CP moved 29.52 million metric tonnes (MMT) this crop year,...

source: CP

Canadian Pacific reaffirmed its commitment to grow traffic at the Port of Saint John and stimulate economic growth and investment in New Brunswick at a meeting with Premier Blaine Higgs today. With its purchase of the...

source: CP

Air Canada Cargo and Cargojet both reported improving results in the second quarter of 2020. Air Canada Cargo reported a revenue increase of 52 percent in the second quarter over the previous year, and for the first time cargo revenues outpaced passenger income as a result...

source: Inside Logistics

Canada's trade deficit rebounded sharply in June as the movement of motor vehicles and parts revved up with a resumption of production after months of COVID-19 lockdowns. Statistics Canada reported Wednesday that the country's merchandise trade deficit widened to $3.2...

source: Inside Logistics

The Trudeau government is promising to impose retaliatory tariffs on American products after U.S. President Donald Trump announced he is restoring an import tax on raw aluminum from Canada later this month. "In response to the American tariffs, Canada intends to swiftly...

source: Inside Logistics

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