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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 January 9, 2021. For this week, total U.S. weekly rail traffic was 525,253 carloads and intermodal units, up 4.7 percent from the comparable week of 2020, which was Week 2 –...

source: AAR

G3 last month announced three new grain elevators in Alberta, Canada. The facilities in Wetaskiwin, Erskine (G3 Stettler County) and Irricana are high-efficiency. Trucks can unload grain in less than 5 minutes, and trains up to 150 cars can load in a continuous motion on...

source: Progressive Railroading

U.S. Transportation Secretary Elaine Chao announced in a tweet addressed to U.S. Department of Transportation colleagues that she would resign her office effective Jan. 11. One of the longest-serving members of President Donald Trump's cabinet, Chao cited the recent deadly...

source: Progressive Railroading

Airbus' remote controlled Maveric aircraft may be a glimmer of green hope for aviation, an industry that is under scrutiny to improve its environmental footprint. Airbus' unusually shaped Maveric aircraft is only 3m wide but Airbus have noted the size has the potential...

source: Air Cargo Week

According to author Lou Smyrlis: If you are in the midst of transportation contract negotiations right now, I don't envy you. There is so much uncertainty heading into 2021 — much of it thanks to the impact of Covid-19 — that decisions will be nothing short of...

source: Inside Logistics

Major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe. And several carriers are reported to have opened first- and second-round tenders with the highest bidders for...

source: gCaptain

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