The world's seventh-largest deep sea cargo transportation carrier, Hanjin Shipping, filed for court receivership - a form of bankruptcy protection - on Aug. 31. Chaos has promptly ensued in a number of markets, and it won't end any time soon, according to Ashley Cruz, IBIS World Procurement Research Analyst.
The Federal Aviation Administration, citing fire hazards, has warned against using Samsung Galaxy Note 7 smartphones on aircraft. Three Australian airlines and the German carrier Lufthansa have outright banned their use onboard. But the threat of airliner fires is not limited to Samsung devices, which the company has offered to replace. And the hazard is far more than theoretical.
American Airlines Cargo has launched a daily nonstop service between Los Angeles and Hong Kong, complementing its American's Dallas/Fort Worth-Hong Kong route, which began in 2014.
Effective Dec. 26, 2016, the UPS U.S. ground service daily rate will increase by an average net 4.9 percent. Daily rates for UPS U.S. air and international services will increase an average net 4.9 percent. UPS airfreight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 4.9 percent, also effective Dec. 26, 2016. Further, UPS Freight announced an average net 4.9 percent general rate increase effective Sept. 19, 2016.
Freightos, looking for an edge in the crowded field of tech-driven shipping start-ups, is buying a database of air cargo rates to fill a gap in its new online marketplace.
KC Sealock had not taken a standardized test since college. But here he was at 39 years old, long black beard flecked with grey, sitting in front of a computer at Jacksonville, Florida's Herlong Air Field, with a proctor peering on from behind a glass door. He spent two hours clicking at multiple choice questions about latitudes and longitudes, Class C airspace regulations, wing load factors, and more - 60 in all.
