Cathay Pacific back to business-as-usual soon as aircraft return
Cathay Pacific will be operating all its aircraft again by the end of next year, ...
News report from The Wall Street Journal on one of North America’s largest trucking firms, which last week said it was likely to earn less this year than previously forecast because of a curious anomaly currently hitting the US road transport market: although capacity is shrinking in the face of rising volumes and squeezed supply, major shippers are so concerned about securing space that they are locking trucking companies into long-term contracts which offer carriers lower margins. As a result, the peak season pressure, which should see freight rates jump, has failed to materialise.
Expeditors sues long-term client for unpaid $20m in row over invoices
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2M axes Asia-North Europe loop, as carriers shop for more tonnage
West coast ports suffering as US container imports plunge by 37%
Taiwan carriers pay record staff bonuses after year of bumper profits
Billund sees launch of Maersk Air China link – 'a start-up on steroids'
Shippers put more pressure on ocean carriers for carbon-free services
Cost-cutting FedEx Express to retire MD-11s for B767s and 777s
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