CGL Cohesion Industry News

Industry News

  • Newsletter - April 11, 2024

    AIR FREIGHT UPDATES New York Flights May Continue To Be Reduced Due To Air Traffic Control Shortage With the busy New York City area grappling with an air traffic controller shortage, airlines are not confident they can sustain smooth operations if the minimum flight requirement cuts are lifted later this year. As such, they are demanding...

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  • Newsletter - April 10, 2024

    AIR FREIGHT UPDATES Chinese airlines to increase transpacific bellyhold capacity Chinese airlines will in April increase the amount of bellyhold capacity they operate on flights to the US following approval to expand operations. The US Department of Transportation has from April authorised China-based airlines to increase the number...

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  • Newsletter - April 9, 2024

    OCEAN FREIGHT UPDATES MSC faces $63m penalty in US regulatory dispute Mediterranean Shipping Co (MSC) is looking at a potential $63m fine in the US for alleged violations of the Shipping Act, encompassing thousands of contested charges directed at various clients. The US Federal Maritime Commission’s (FMC) Bureau of Enforcement,...

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  • Newsletter - April 8, 2024

    OCEAN FREIGHT UPDATES Box logjams at Canadian ports as import surge meets rail shortages A surge of imports meeting strained rail capacity has pushed up container dwell times at North American west coast ports, especially in Vancouver. And importers face further disruption with Canadian rail workers set to vote on industrial action...

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  • Newsletter - April 4, 2024

    AIR FREIGHT UPDATES Air cargo demand rises 11% in March Global air cargo market demand rose 11% year on year for a third consecutive month in March and it was no surprise that e-commerce and Red Sea shipping disruption helped propel volumes. Releasing its latest analysis, Xeneta said that the higher volumes seen in the first...

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