Air cargo backlogs build as Mid East disruption cuts capacity and scrambles networks
Air cargo backlogs are beginning to build across global supply chains as Middle East airspace ...
DHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH PLD: 'MOST PREFERRED'ZIM: DEAL OR NO DEALWTC: MOMENTUMDAC: PAYOUTMAERSK: RETURN TO SUEZ
DHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH PLD: 'MOST PREFERRED'ZIM: DEAL OR NO DEALWTC: MOMENTUMDAC: PAYOUTMAERSK: RETURN TO SUEZ
Two interesting stories from Qatar. Qatar Airways has acquired 49% of loss-making RwandAir, just after buying a 60% stake in Kigali’s new airport in December. As The Africa Report notes, the deal could help Qatar Airways bypass the embargo which necessitates the carrier avoiding Saudi Arabian, UAE, Bahrain and Egyptian airspace. However, it appears as if relations maybe warming: the UAE has now restored mail services to Qatar, two years since the dispute began, reports Bloomberg.
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