Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
British Airways has agreed an out-of-court settlement with Deutsche Bahn over the air freight ‘cartel’ – after seven years of arguing.
BA has become the seventh of 11 airlines to settle with DB, whose DB Schenker subsidiary claimed it was owed damages following the discovery of surcharge-fixing.
DB said some 75% of the claims have now been settled, with just Cargolux, Cathay Pacific, LAN Chile (now Latam) and Japan Airlines holding out in court.
DB set up a specific subsidiary, DB Barnsdale, to ...
European port congestion now at five-to-six days, and getting worse
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