NEWS
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US August imports highest since last fall, says retail federation
IMPORT cargo volume at America's major container ports is expected to hit its highest level in nearly a year in August as retailers stock up for Christmas, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates."Port and package-deli...
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Ethiopian Air-backed Nigeria Air plans to take flight in October
AN AIRLINE established by Ethiopian Airlines with institutional investors and the Nigerian government plans to start operations in October, reports Bloomberg.The airline, named Nigeria Air, will start with a combination of two wide-bodied planes and six narrow-bodied aircraft, said Ethiopian Airl...
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LATAM Cargo quarterly revenue falls 23.2pc to US$355 million
LATAM Airlines Group cargo revenues decreased by 23.2 per cent year on year in the second quarter to reach US$355 million while capacity grew, and southbound demand to South America declined.Nonetheless, the Santiago-based carrier noted that cargo revenues outperformed the equivalent pre-Covid fi...
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