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Emirates SkyCargo and Accuity Set New Standards in Global Trade Compliance

Emirates SkyCargo, the freight division of Emirates, announced that it is working with Accuity, the leading global provider of financial crime compliance, payments and Know Your Customer (KYC) solutions, to help automate and streamline its regulatory compliance screening operations, increase efficiency and improve the speed of service to its customers. Emirates Sky Cargo has implemented Firco Trade Compliance, an Accuity solution that efficiently screens shipment documentation (such as airway bills) against ... [+]

February’s Like-for-Like Analyses Results in Near 9% Drop in Air Cargo Chargeable Weight

Global chargeable weight in February 2020 fell - on a like-for-like basis - by nearly 9% versus 2019 as the air cargo industry suffered the dramatic consequences of the novel coronavirus on world trade. Market analyses by CLIVE Data Services for last month shows ... [+]

SMEs in Hong Kong face stiff challenge from COVID-19

Fallout from the COVID-19 outbreak has affected almost all businesses in Hong Kong but the many trade-focused small and medium-sized enterprises (SMEs) face a stiffer challenge than most as prolonged factory shutdowns in Mainland China have weighed on the global supply chain network. Meanwhile, Hong Kong, ... [+]

Air France, KLM, Delta and Virgin Atlantic Launch Expanded JV

Air France, KLM, Delta and Virgin Atlantic entered into an expanded partnership that enhances carrier networks – a benefit for cargo customers. The enhanced network is built around the carriers’ hubs in Amsterdam, Atlanta, Boston, Detroit, London Heathrow, Los Angeles, Minneapolis, New ... [+]

COVID-10 Cuts Demand and Revenues for Air Freight

The International Air Transport Association (IATA) announced that its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) shows a potential 13% full-year loss of passenger demand for carriers in the Asia-Pacific region. Considering that growth for the region’s airlines was forecast ... [+]

DP World decides to delist

Drewry Shipping Consultants Limited recently report that DP World has recently announced its intention to delist from Nasdaq Dubai citing the board’s decision that the disadvantages of remaining listed outweigh the advantages. Even though Drewry executives share the company’s view, they state that they ... [+]

Forwarders, Hauliers now have the Clarity Needed to Start Preparing for Post-Brexit Customs Changes

Forwarders and hauliers now have enough clarity to start preparing for a post-Brexit business landscape, according Peter MacSwiney, chairman of Customs clearance solutions provider Agency Sector Management (ASM). There is limited time to implement the systems needed to tackle trade friction following the UK Government’s announcement ... [+]

NYSHEX Enhancement Guarantees Direct Container Shipping Service Contracts

The New York Shipping Exchange (NYSHEX), whose vision is to increase ocean reliability through more effective digital contracting, announces the launch of an enhancement allowing shippers and carriers to utilize the NYSHEX framework and technology to secure, monitor and enforce ocean contracts signed outside of ... [+]

Rep. Scalise Announces $85 Million for Deepening Mississippi River

House Republican Whip Steve Scalise (R-La.) announced that the U.S. Army Corps of Engineers 2020 Work Plan includes critical funding for infrastructure projects in Louisiana, including $85 million to deepen the Mississippi River to 50 feet. "After years of hard work, I'm very glad that the ... [+]

Together towards a customized machine

Liebherr's port handling machine is specifically tailored to meet the customer's requirements. For example, the uppercarriage has not been seated in the conventional manner, centrally on the rail mounted portal. Instead it has been positioned off-center, towards the side facing the sea. With its ... [+]

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