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11Sep 20
COVID-19 Market Update September 11, 2020

COVID-19 Market Update September 11, 2020

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…

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03Sep 20
COVID Market Update For September 1, 2020

COVID Market Update For September 1, 2020

Transpacific westbound sea freight rates continue to climb as the Air freight continues to experience decreased demand across Europe in the last weeks of summer, with the exception of key hubs: Germany’s Frankfurt International Airport, as a leading European hub…

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18Aug 20
Strike At The Port Of Montreal – Status

Strike at the Port of Montreal – Status

Due to the ongoing Longshoremen’s strike  at the Port of Montreal, berthage services and cargo handling normally provided by dockworkers are suspended at several Port of Montreal terminals. Not affected by this situation are liquid bulk handling, the Oceanex service…

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12Aug 20
Market Update For August 12, 2020

Market Update for August 12, 2020

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.…

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22May 20
Global Update: May 22

Global Update: May 22

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…

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28Apr 20
Worldwide Update: April 28

Worldwide update: April 28

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…

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15Apr 20
COVID-19 Update

COVID-19 Update

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,…

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08Apr 20

Global Update: April 7

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…

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