Land, Sea and Air shipping / transportation news to, from, and around Europe.
Latest News Data published by the International Air Transport Association (IATA) shows a gritty July with a 91.9% year-over-year fall in passenger demand—the industry group stresses that governments need to provide more financial relief for airlines and reopen borders for…
Latest News Canada vows retaliation as Trump brings back aluminum tariff. Canada intends to swiftly impose dollar-for-dollar countermeasures, says Deputy Prime Minister Chrystia Freeland. OTTAWA – The Trudeau government is promising to impose retaliatory tariffs on American products after U.S.…
Latest News Canada’s State of Trade 2020: As Canada’s Minister of Small Business, Export Promotion, and International Trade. Over the last few months, countries around the world have come together to fight the global pandemic, working to ensure the health…
Latest News The World Health Organization on May 25 warned of a potential second peak of infections if government restrictions are eased too soon. Chile-based LATAM Airlines, the largest Latin American carrier, files for Chapter 11 bankruptcy and restructuring as…
The World Trade Organization (WTO) released a report on May 20 covering trade indices for various sectors, noting that global trade may further contract in the first half of 2020. As consumer spending and business acquisitions shift, countries may find…
The past week has seen much headway in collective efforts to stabilize economy, society, and livelihood. Worker strikes have begun to appear across several countries in Southeast Asia, Latin America, and Europe, many of them demanding safer working conditions and…
Individual government responses to the COVID-19 pandemic have created myriad ripple effects to specific industry verticals as different regions halt and resume business activities. Airlines continue to deploy cargo freighters and increase passenger-to-cargo flights amid reports of medical supply shortages,…
As effects of the COVID-19 crisis change the global economy, many industries have been hard-hit, including essential service providers in transportation and logistics. While some businesses were able to act swiftly to mitigate loss, others have been forced to make…
Latest News The demand remains high for pharmaceutical and food supplies. However, freight capacity has fallen sharply, with belly-hold capacity declining due to progressive cuts to passenger flights. Global airfreight capacity across all trade lanes is lower year-over-year by more…
Latest News The International Federation of Freight Forwarders Associations (FIATA) has urged governments to act to ensure that ports remain open to allow the freight and logistics sector to help tackle the COVID-19 crisis. FIATA noted that international air, sea…