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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...
Two of the five U.S. Federal Maritime Commissioners (FMCs) said they want to take a closer look at how the agency monitors blank sailings even as the FMC has stepped up its monitoring of how alliances cut and add capacity in response...
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending July 25, 2020. For this week, total U.S. weekly rail traffic was 481,331 carloads and intermodal units, down 9.9 percent compared with the same week last year. Total carloads for...
Stability in the airfreight market may be short-lived, with outbound China rates rising this month and big high-tech product launches poised to soak up cargo aircraft in several weeks. That could pinch some shippers that currently view air transport as a refuge from unreliable...
The industries that shepherd goods around the world on ships, planes and trucks acknowledge they aren't ready to handle the challenges of shipping an eventual COVID-19 vaccine from drugmakers to billions of people. Already stretched thin by the pandemic, freight companies...
International trade association MHI has released its third in a series of US Material Handling & Logistics Roadmaps. The report, titled "Transformation Age: Shaping Your Future" and developed in collaboration with Burchette & Associates provides insights into key trends...
Canadian National Railway Co. has laid off about 4,000 employees from its workforce this year as profits sagged 60 per cent in the second quarter amid fallout from the Covid-19 pandemic. Shipments declined nearly across the board, prompting layoffs that left the country's...
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