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22May 20
Global Update: May 22

Global Update: May 22

The World Trade Organization (WTO) released a report on May 20 covering trade indices for various sectors, noting that global trade may further contract in the first half of 2020. As consumer spending and business acquisitions shift, countries may find…

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28Apr 20
Worldwide Update: April 28

Worldwide update: April 28

The past week has seen much headway in collective efforts to stabilize economy, society, and livelihood. Worker strikes have begun to appear across several countries in Southeast Asia, Latin America, and Europe, many of them demanding safer working conditions and…

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15Apr 20
COVID-19 Update

COVID-19 Update

Individual government responses to the COVID-19 pandemic have created myriad ripple effects to specific industry verticals as different regions halt and resume business activities. Airlines continue to deploy cargo freighters and increase passenger-to-cargo flights amid reports of medical supply shortages,…

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08Apr 20

Global Update: April 7

Leading industry analysts assessed that global airfreight capacity has fallen 35% year-over-year, and projects further decline. Several states, non-government organizations, and businesses have initiated relief efforts in response to the economic effects of the ongoing COVID-19 outbreak: Singapore announced two…

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02Apr 20
COVID- 19 Market Update: April 2

COVID- 19 Market Update: April 2

Latest News The demand remains high for pharmaceutical and food supplies. However, freight capacity has fallen sharply, with belly-hold capacity declining due to progressive cuts to passenger flights. Global airfreight capacity across all trade lanes is lower year-over-year by more…

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30Mar 20
COVID-19 Market Update

COVID-19 Market Update

Latest News The International Federation of Freight Forwarders Associations (FIATA) has urged governments to act to ensure that ports remain open to allow the freight and logistics sector to help tackle the COVID-19 crisis. FIATA noted that international air, sea…

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23Mar 20
COVD-19 Advisory On Transportation Into The U.S.

COVD-19 Advisory on Transportation into the U.S.

As the nation’s risk advisor, CISA brings our partners in industry and the full power of the federal government together to improve American cyber and infrastructure security.  The Cybersecurity and Infrastructure Security Agency (CISA) has been monitoring the evolving Coronavirus, also…

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19Mar 20
COMMERCIAL ANNOUNCEMENT On COVID-19

COMMERCIAL ANNOUNCEMENT on COVID-19

On March 12th, 2020, The World Health Organisation (WHO) declared the ongoing global spread of the Coronavirus (COVID19) a pandemic. The pandemic announcement exerted additional pressures on a strained transportation industry. The evolution of government actions and changes in circumstances…

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