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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...
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending July 17, 2021. For this week, total U.S. weekly rail traffic was 513,255 carloads and intermodal units, up 6.6 percent compared with the same week last year. Total carloads for the...
Commonwealth countries are estimated to have lost up to US$345 billion worth of trade in 2020. That includes $60 billion in intra-Commonwealth trade, according to the 2021 Commonwealth Trade Review, "Energising Commonwealth Trade in a Digital World: Paths to Recovery...
A wildfire in Lytton, B.C., during historically high temperatures points to a serious need to prevent similar occurrences, says the chairwoman of the Transportation Safety Board, which is investigating the possibility that a freight train could have been linked to the disaster. Kathy...
The aerospace industry is preparing to fly with hydrogen. Liquid hydrogen (LH2) is gaining attention from large aircraft manufacturers as a sustainably producible fuel for future generations of commercial aircraft. In order to investigate the effects of the use of LH2 on...
High ocean freight rates caused by service disruption is helping push forwarders and shippers to use airfreight. In its latest market summary, airline association IATA said that air cargo is benefitting from "exceptionally congested" container shipping supply chains. It...
The Federal Aviation Administration has extended until the end of the year the exemption for U.S. commercial airlines to carry cargo in the main cabin when passengers are not present, citing an ongoing need to provide extra cargo lift capability...
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