UPS to cut 20,000 jobs in network reconfiguration
And so it starts. UPS, while announcing a better-than-expected profit, also enthused investors with its ...
Chinese bureaucracy has stymied ATSG’s plans for a joint venture airline, and overshadowed news of a strong first quarter for the air freight operator.
Chief operating officer Rich Corrado said the company had “suspended” its planned AOC in China, citing “ongoing regulatory delays”, particularly from late 2016 and into 2017.
“During that time, the JV partners looked at some alternatives in terms of doing some different things while we were delayed,” Mr Corrado told analysts on an earnings call.
“Since then, we’ve stepped ...
European port congestion now at five-to-six days, and getting worse
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'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
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