Forever 21 blames bankruptcy on de minimis exemption
Forever 21, the US clothing retailer, has gone down shouting: it has squarely blamed its ...
Most of the world’s airlines could be bankrupt in just 10 weeks, according to analysis by Capa.
The analyst, however, noted this was a “catastrophe” that could be avoided, with coordinated government and industry action.
And as if on cue, IATA stepped up to call on governments to facilitate freighter and freight-only flights.
In a rare show of concern for cargo, IATA director general Alexandre de Juniac urged governments to “take urgent measures to ensure vital supply lines remain open, efficient and effective”.
IATA ...
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
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Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Response to tariffs by Chinese importers may see extra costs for US shippers
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Ingo Roessler
March 17, 2020 at 7:02 pmIn the wake of the 9/11 attacks our GSA company was successfully keeping US Airways routes afloat loading up to 40 tons of cargo in the bellies of A330 passenger flights.