Transportation News, Logistics, Ports and Trade

Airlines seen spurning US loans now with other funds handy

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Winners and losers in Congress’s $2 trillion virus rescue plan

Bloomberg | March 25, 2020 | Air Cargo | Airlines | Intermodal

Desperate airlines switch passengers for cargo to stay alive

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Unable to fill planes with passengers as the coronavirus destroys travel demand, airlines are instead using their fleets to transport more cargo, including medicines, smartphones and Korean strawberries.

Oil market shows fear that US is running out of storage space

Bloomberg | March 25, 2020 | Energy

With airlines grounded, a pollution permit auction fails

Bloomberg | March 25, 2020 | Air Cargo | Airlines

Air Cargo

Bloomberg | March 25, 2020

US airline bailout to give loans and cash-for-equity aid

Struggling U.S. airlines will be eligible to receive federal loans and, if they are willing to give the government an option for an ownership stake, direct cash assistance under the coronavirus rescue deal reached by lawmakers and the White House.

COVID-19 demand update: Oil seen down 4.9%, jet fuel down 20%, road fuel down 5.6% in 2020

AJOT Newsroom | March 25, 2020 | Energy

Rystad Energy is creating a weekly comprehensive report calculating the effect of the novel coronavirus in our lives and updating estimates for global fuel markets.

100+ industry groups call for consistent DHS ‘critical infrastructure’ definition across COVID-19 responses

AJOT Newsroom | March 25, 2020 | International Trade

First passenger aircraft full of air cargo lands in Frankfurt

AJOT Newsroom | March 25, 2020 | Air Cargo | Airlines

Loaded with around 30 tons of freight, a Lufthansa passenger aircraft landed in Frankfurt today at 2:14 pm after a flight time of 11 hours and 6 minutes. In addition to the cargo compartments of the Airbus A330, the cabin including the stowage compartments above the seats was also loaded.

Blue Ridge appoints Baltussen as General Manager of Europe

AJOT Newsroom | March 25, 2020 | Logistics

Supply chain planning and price optimization leader Blue Ridge announced today that Maarten Baltussen has been named General Manager of Europe. Baltussen will lead Blue Ridge’s efforts to help retailers, wholesalers, distributors and manufacturers across Europe solve challenges around shifting customer demand preferences and volatility with suppliers.