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A shipper with a high volume of cargo to move by sea over time will negotiate a service contract with an ocean carrier, generally on an annual basis (the norm in the trans-Pacific market) or quarterly. Buying shipping services in bulk is designed to offer the shipper a lower per-slot...

The Airbus A380 has all the prerequisites for cargo conversions on paper. However, the aircraft is too heavy and too costly to operate compared to other cargo aircraft conversions. This points to a single destiny for the type; ending up in an aircraft graveyard. Why would airlines want more cargo...

A chartered Antonov AN-225 broke two world records last week while transporting vital medical supplies from China to Europe to help combat the COVID-19 pandemic. The giant Soviet-built aircraft, built in the Ukrainian Soviet Socialist Republic, broke the world record for the most substantial volume of cargo ever carried twice...

Viet Nam – Cuba agreed to waive or reduce tariffs for nearly 100% goods imported between these two countries for the next 5 years. According to the Ministry of Industry and Trade, Viet Nam and Cuba completed all procedures to validate their trade agreement from the first of April. This...

DOHA, QATAR – If all the remaining aspects of the negotiations go as planned, Qatar Airways could purchase 49 per cent stake in RwandAir, becoming a minority shareholder in the national carrier. The Group Chief Executive Officer of Qatar Airways, Akbar Al Baker confirmed on Wednesday, February 5 in Doha...

New York (CNN Business): Even though a historic decline for oil sent prices negative on Monday, don't expect to get paid to fill up your gas tank any time soon. Or ever, truth be told. There were some unique conditions driving oil prices below $0 for the first time ever. And more...

Vinamilk - Vietnamese No.1 dairy company - came to possession of an export code to China in February.  And after 2 months, by April 16, Vinamilk had completed production steps needed to export the first batch of Ong Tho condensed milk to China, when both Vietnam and China still applied...

  Chaos in the air freight industry could lead to a greater reliance on rail on the Asia-Europe lane. As images of congestion in Shanghai began to arrive and forwarders report the challenges of sending goods by air, Davies Turner said shippers should look instead to rail. Air freight is...

Japan Post's getting ready to bite the bullet at Australian transport logistics group Toll Holdings. Less than five years after paying $8 billion for Toll, and following steep write-downs on its investment, Street Talk can reveal the former state-owned logistics and financial giant has called in bankers to pitch potential...

Founded in 1961, Universal Alloy Corporation (UAC)’s headquarter is currently located in Canton, the suburb of Atlanta (Georgia, US). UAC has been recognized as a world-leading manufacturer of aircraft components and supplier of hard alloy extrusions for various airlines, namely Boeing, Airbus, Embraer and Bombardier. Mr. Kevin Loebbaka, Chief Executive...