Land, Sea and Air shipping / transportation news to, from, and around the World, including Asia, Africa, Australia, and Antarctica
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…
The United States government has announced that effective June 16, all incoming passenger flights from four designated airlines based in China are banned from entry. The airlines named are Air China, China Eastern Airlines, China Southern Airlines, and Hainan Airlines.…
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…
Leading industry analysts assessed that global airfreight capacity has fallen 35% year-over-year, and projects further decline. Several states, non-government organizations, and businesses have initiated relief efforts in response to the economic effects of the ongoing COVID-19 outbreak: Singapore announced two…
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…