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Venezuela’s domestic airline industry suffers amid economic crisis

A Laser Airlines plane taxis on a runway at Simon Bolivar airport in Caracas, Venezuela July 2, 2018. REUTERS/Marco Bello   Venezuela’s domestic airline industry is struggling to maintain operations due to hyperinflation and shortages of spare parts, according to an industry association, making it increasingly hard to obtain tickets and causing

Freight Demand growth slowed in May, as protectionist policies loom – IATA

May reports from the International Air Transport Association (IATA) and WorldACD show that the 2017 heyday of double-digit growth rates in the global air freight market are officially returning to normal levels. The organization said freight tonne kilometers (FTKs) increased by a moderate 4.2 percent, year-over-year, for the month of

SINGAPORE POST SIGNS LOGISTICS AND WAREHOUSING CONTRACT WITH SPECIALIZED BICYCLES

Singapore Post (SingPost) has signed a logistics and warehousing contract with Specialized Bicycle Components. In a statement issued yesterday (5 July), SingPost said the three-year tie-up will see Specialized moving its regional warehousing operations from Hong Kong to SingPost’s regional logistics facility at the Tampines Logistics Park. As Specialized’s officially appointed Logistics and Warehouse

DHL Freight opens new facility in Manisa, Turkey

Uwe Brinks, CEO DHL Freight, Hasan Kavci, Managing Director, DHL Freight Turkey and other dignitaries at the opening ceremony. DHL’s Freight division opened on Thursday its 38,000-square-meter warehouse in Manisa, Turkey, in response to a growing demand for logistics services near the nearby port city of Izmir. Uwe Brinks, CEO of DHL Freight,

Confusion as China ports delay U.S. cargoes, disrupting trade

FILE PHOTO: A container truck moves past containers at the Yangshan Deep Water Port in Shanghai, China April 24, 2018. REUTERS/Aly Song/File Photo   Some major Chinese ports delayed clearing goods from the United States on Friday, four sources said, potentially disrupting imports worth billions of dollars as the world’s top two

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