Air cargo market enjoys some calm before an expected Q4 storm
It has been a quiet couple of weeks in airfreight, owing to China’s Golden Week. Overall ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
Atlanta has offered Flexport a $100,000 incentive to locate a sales and operations hub there. The US city – in fact the state – is attempting to boost its logistics credentials and has welcomed Flexport’s plan for a $100m expansion, creating 250 jobs. The forwarder is looking for a 25,000 sq ft office in mid-town, along with a 100,000 sq ft warehouse by the airport. It aims to make Atlanta its small-and medium-sized customer centre. Some 70% of Flexport’s business comes from companies which spend less than $5m on freight and it is the fastest-growing segment. According to Atlanta Business Chronicle, Flexport considered 12 cities before settling on Atlanta.
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