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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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Rail traffic for the week ending November 14, 2020

The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending November 14, 2020. For this week, total U.S. weekly rail traffic was 527,462 carloads and intermodal units, up 5.2 percent compared with the same week last year. Total carloads for...

source: AAR.org
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Air France KLM Martinair Cargo ready to distribute COVID-19 vaccines

Air France KLM Martinair Cargo have been making every effort to keep vital supply chains in place amidst the pandemic. Approximately 6,000 cargo-only flights have been carried out in recent months. Air France KLM Martinair Cargo is currently...

source: Air Cargo Week
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Canada to exit pandemic with lower growth potential, permanent labour force scarring

The Bank of Canada's top deputy said the country is likely to come out of the pandemic with a lower outlook for potential growth and permanent labour force scarring, and that conventional wisdom must be challenged to find solutions. In...

source: Financial Post
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Covid-19 affecting cargo theft trends

North American cargo theft is on the rise this year, and the Covid-19 pandemic caused a spike in cargo crime in April. April 2020 saw a 107% jump in cargo thefts compared to April 2019, according to CargoNet, which gave an update during its Cargo Theft and Transportation...

source: Truck News
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A third of the world's air routes have been lost due to COVID

Before the coronavirus, a decades-long aviation boom spawned a network of nearly 50,000 air routes that traversed the world. In less than a year, the pandemic has wiped almost a third of them off the map. Border closures, nationwide lockdowns...

source: AJOT
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Canada clears 5 firms to bid on COVID-19 vaccine distribution contract

Kuehne + Nagel, McKesson Canada, UPS Healthcare and FedEx Canada jointly with Innomar Strategies have prequalified to bid for a Canadian government contract to distribute millions of COVID-19 vaccines, according to a public procurement...

source: American Shipper
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