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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 Vancouver Fraser Port Authority today released the 2020 mid-year statistics for goods moving through the Port of Vancouver. From January 1 to June 30, 2020, overall cargo through the port decreased by...

source: Port of Vancouver

Canadian Pacific announced it has joined TradeLens, a blockchain-based platform that enables the secure and transparent transfer of container-shipping documents. This open-API platform will help CP intermodal shippers create, amend and share...

source: CP

Preliminary orders for new trailers hit 52,000 units in September, the third-highest month in history as fleet bookings looked like the last market overheating in late 2018. The pandemic and consumer goods demand to support life and work at home continues unabated. The...

source: Freight Waves

Algoma Central Corporation, a leading supplier of marine transportation services, announced that it has taken delivery of the Algoma Intrepid, the second Equinox 650' Class self-unloading dry-bulk carrier, and the ship has begun her voyage...

source: Whig Standard

New data shows that shipping on the Great Lakes has taken a hit this year due to the pandemic. From April through the end of August, cargo volumes in the St. Lawrence Seaway, which is the gateway to the Great Lakes, was down 8% compared to 2019's figures. That's according...

source: WBFO

The outcome of the U.S. election will steer stimulus spending, energy policy, trade relations, geopolitics and environmental regulation — and consequently, ocean freight rates — for years to come. With just three weeks to go, financial analysts are weighing...

source: American Shipper

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