CGL Cohesion Industry News

Industry News

  • Newsletter - June 21, 2022

    AIR FREIGHT UPDATES IATA Director General Takes Aim At Governments Over COVID-19 Decision Making The Director-General of the International Air Transport Association (IATA) has accused governments of destroying jobs, inflicting misery on people, and dismantling connectivity in a series of politically expedient COVID-19-related...

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  • Newsletter - June 20, 2022

    AIR FREIGHT UPDATES US Transportation Secretary Urges Airline CEOs To Improve Following Mass Cancellations The United States Secretary of Transportation, Pete Buttigieg, met with airline industry executives on Thursday following significant flight disruptions in the US. The meeting comes as carriers struggle to meet demand...

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  • Newsletter - June 17, 2022

    AIR FREIGHT UPDATES Alaska Air Cargo pledges not to add fuel surcharges Alaska Air Cargo’s managing director Adam Drouhard has pledged that the carrier will not add any fuel surcharges. Other airlines have imposed increases of up 30%, he said. Read more here. OCEAN FREIGHT UPDATES Japanese shipping company...

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  • Newsletter - June 16, 2022

    OCEAN FREIGHT UPDATES Indian shippers brace for higher rates as GRIs and peak surcharges loom Indian exporters and freight forwarders should not expect freight rate levels to plateau or slide any time soon, as fresh general rate increases (GRI) are on the way. MSC will impose a $1,500 per container GRI for Indian shipments...

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  • Newsletter - June 15, 2022

    AIR FREIGHT UPDATES Shanghai Covid trucking restrictions see sustained pressure on airfreight Shanghai is back in business following a Covid lockdown but additional quarantine measures have resulted in trucking restrictions and staff shortages that are further battering airfreight supply chains. Infections recorded following...

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