CGL Cohesion Industry News

Industry News

  • Newsletter - June 6, 2019

    AIR FREIGHT UPDATES Air cargo remains optimistic Cargo carriers are pragmatic about the current market situation despite headlines of doom and gloom on the back of volume declines. Read more here.  New e-commerce service from Lufthansa Cargo for e-commerce clients LUFTHANSA Cargo has set up a new wholly owned...

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  • Newsletter - June 5, 2019

    AIR FREIGHT UPDATES Air Canada Cargo to offer drone-delivery services Air Canada Cargo will offer drone-based services thanks to a new agreement with Drone Delivery Canada (TSXV: FLT), a Toronto-based startup that makes autonomous cargo aircraft and a proprietary flight platform. Read more here.  Air Canada ‘finalising’...

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  • Newsletter - June 4, 2019

    AIR FREIGHT UPDATES Commentary: Latin America was the bright spot in IATA’s April air cargo report The International Air Transport Association (IATA) data for April continues to paint a dismal picture for the global air cargo market. Year-to-date volumes were down 4.7 percent while available capacity increased 2.6 percent. Read...

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  • Newsletter - June 3, 2019

    AIR FREIGHT UPDATES Trump trade tensions squeeze airline profits Trade tensions between US and China are hitting global air cargo business, contributing to a fall in airline profits, warns IATA. Read more here.  OCEAN FREIGHT UPDATES After a lacklustre first quarter, the second three months could be even worse for container...

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  • Newsletter - May 30, 2019

    OCEAN FREIGHT UPDATES APL bows out from Asia-Europe tradelane After more than 30 years a famous name is bowing out on the Asia-Europe boxship tradelane. France’s CMA CGM yesterday announced a significant restructuring of the group. Among key changes, APL, bought from Singapore sovereign wealth fund Temasek in 2016, will no longer...

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