Amerijet and its pilots have reached a tentative agreement on a four-year contract that includes substantial raises and addresses seniority and sick leave. According to Teamsters Local 769, which represents the 85 pilots in the bargaining unit, the new deal includes a “massive initial increase in base wages for Captains and First Officers of more[…]
Nullifying the Trans Pacific Partnership would be an “inauguration gift to China at the expense of rapidly developing countries like Vietnam,” said Freightos CEO, Zvi Schreiber. He joins a growing list of industry leaders voicing concern that scuttling the deal would put the U.S. at a disadvantage, while empowering China, in direct contradiction to president[…]
It’s Thanksgiving Day in the United States, and as usual, distant relatives will convene at dinner tables across the country to discuss not only what they are thankful for, but also their Black Friday and Cyber Monday shopping strategies. But this year, despite the air freight industry’s arduous efforts to ensure it is equipped to[…]
AirBridgeCargo Airlines (ABC) became the first airline in Russia, and seventh globally, to be awarded IATA’s Center of Excellence for Validators in Pharmaceutical Logistics (CEIV Pharma) certification, on November 22, for the global transportation of pharma products via its cargo hub in Sheremetyevo, Moscow. The Russian cargo carrier has built a pharma hub to the[…]
Singapore’s Changi Airport saw cargo volumes hit a yearly high in October thanks to strong perishables and pharmaceutical traffic. Over the first three quarters, cargo at the airport has increased by 5.5 percent year-on-year (y-o-y) to 1.44 million tonnes. Pharmaceutical trade grew at 19 percent y-o-y over the first nine months, while perishables grew by[…]
HONG KONG – After being the manufacturer to the world for the last few decades, led mostly by the inexpensive labor in China, the Asian market is rapidly evolving into more of a consumer society, creating a new dynamic for global trade lanes in and out of Asia, with cross-border e-commerce dominating the scene. That[…]
