Ecommerce air traffic to US set to grind to a halt as de minimis exemption ends
Is today the day the music stops in airfreight? 2 May: infamously, the day the de ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
This looks like a textbook case of unions and management working in harmony – although one union is still complaining. But, owing to good trading conditions this year, Cargolux has given all its staff, worldwide, €2,500 as part of its profit-share scheme, with the same amount to be paid again in spring, once the accounts have been authorised. While the OGBL union is happy, LCGB is less so, claiming management had “paid staff off” while ignoring the shortage in pilots. Nevertheless, after all the battles over the collective work agreement, Cargolux seems to be working as it should. Lessons there for one or two other carriers…
Paperjam has the story in French, or press ‘read more’ to see it in English.
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