'Greenwashing' rife among airlines, says EC as it clamps down on emissions reporting
The European Commission (EC) has warned airlines over what it claims are rife ‘misleading greenwashing ...
Last out of the gates to report May air freight data is IATA, which notes a “modest uptrend”. While growth in freight tonne km slowed to 4.2% in May, from 5.2% in April, seasonally adjusted FTKs picked up for the second consecutive month. However, it adds, while it would watch closely for signs of new demand, it remains relatively pessimistic. On the whole, it explains, the market is weakening; growth in capacity exceeded demand again, while May was only the second month in two years in which annual FTK growth lagged its five-year average pace of growth (5.1%). IATA has revised downwards its 2018 growth expectations, from 4.5% to 4%. The full picture is here.
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
Indian trade disrupted as port congestion forces liner services to skip calls
Rising costs of port congestion force surcharge by Asian feeder operators
Trade growth getting stronger, but ocean freight rates stay flattish
Global airfreight volumes blooming as flower shipments take off
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