Tag: trade wars

Boeing CEO Dave Calhoun Comments on US-China Trade Deal

Boeing President and CEO Dave Calhoun issued the following statement regarding the announcement today of a US-China trade deal: "Boeing has a long-standing partnership with China that spans nearly 50 years. We're proud that Boeing airplanes will continue to be a part of this valued relation...

Trade wars impact global air freight demand

Air freight demand impacted globally due to trade tensions between the US and China. “At the moment, the problem is geo-political situation.” Gary Chapman president of Dnata said. “The trade wars going on between China and the USA and is spreading over. Generally, airfreight is down ye...

IATA: Trade war impacting air freight demand

Global air freight markets showed that demand measure in freight tonne kilometres fell year-on-year (YOY) by 3.2 per cent in July, according to figures released by the International Air Transport Association (IATA). This marks the ninth consecutive month of YOY decline in freight volumes, as air...

Logistics industry sees emerging markets growing at 5% in 2019, Agility Index finds

The 2019 Agility Emerging Markets Logistics Index has found that logistics industry executives worry about global trade tensions and geopolitical threats. Other findings were that the logistics industry sees emerging markets growing at a healthy five per cent pace in 2019, but a surprising percen...

FedEx reports higher Q1 earnings and raises outlook

FedEx has reported higher first quarter (Q1) earnings and has increased its outlook for its 2019 fiscal year - assuming that global trade is stable. The US integrator said operating income improved during Q1, benefitted from higher volumes, increased yields and a favourable net impact of fuel at ...

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