Maersk Air Cargo has introduced service to South America and hired two veteran airfreight executives to lead the business.
The CEO of Mercado Libre, the dominant e-commerce player in Latin America, has decided to turn control to one of his lieutenants and move to the board room.
Not all cargo markets are back to pre-COVID “normal.” Container shipping rates to South America remain elevated.
The president of Dan-Gulf Shipping said the stolen funds were not a major factor in shuttering the company.
Escalating airfreight transportation rates and capacity shortages from China due to the global pandemic have encouraged some shippers to split supply chain shipments between ocean and air pallets.
COVID-19 pandemic challenges American seed producers to secure airfreight capacity to meet spring planting.
U.S. Customs and Border Protection officers found the drugs stuffed in duffel bags inside a container load of scrap aluminum and copper en route to Europe from South America.
Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will drive profitability growth.
Ford will build vans and midsize pickups under an alliance formed with Volkswagen, while tapping into VW’s autonomous and electric expertise.
