Polar's Winkelbauer gets four years in prison for corruption
The first sentence in the Polar Air Cargo corruption case has been doled out, to ...
It’s not only freight, but this is an interesting article on corruption in aviation in China. The new focus of authorities keen to end corrupt activities is focusing on the country’s burgeoning aircraft leasing market. Sources in the industry told SCMP that the money in aircraft leasing is “too big”, while staff are “modestly paid”. Procurement “power” can be at all sorts of levels, and while executives noted that bribery wasn’t the norm, there were a few bad apples.
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Keep our news independent, by supporting The Loadstar
Container spot rates diverge: to Europe still falling, but firmer to the US
Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
Ecommerce likely the front-runner in resurge of transpacific trade after deal
China-US trade tariff pause could drive a rebound for transpacific rates
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
Airfreight players eye new routes as demand on the transpacific nosedives
Service chaos from trade ban with India a problem for Pakistan shippers
Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Indian coastal freight attracts major carriers, but regional tension disrupts
Serious threat to jobs in US logistics as tariffs cause economic 'stagflation'
Comment on this article