Carriers hope price hikes will hold as spot rates fall in CNY doldrums
Despite the muted trading activity since China’s new year holiday began this week, spot rates ...
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 ...
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