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Baltic Exchange Launches Air Freight Indices

Chennai: Port Wings News Network: The Baltic Exchange on 16 November launched weekly air freight indices. It has partnered with established Hong Kong based air cargo pricing publisher TAC Index and the new indices include six outbound indices and 13 individual destination baskets. These products will be branded as the …

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Air Cargo Recovery Continues in September: IATA

Chennai: Port Wings News Network: The International Air Transport Association (IATA) on 4 November 2020 released September data for global air freight markets showing that air cargo demand, while strengthening, remains depressed compared to 2019 levels. Global demand, measured in cargo tonne-kilometers (CTKs*), was 8% below previous-year levels in September …

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Russian Railways Plans to Increase Volumes Transported by Electric Traction

Chennai: Port Wings News Network: ‘Russian Railways gives priority to electrification of railway lines when implementing green technologies’, said Sergey Kobzev, Deputy Managing Director – Chief Engineer of Russian Railways, at the plenary discussion ‘Green Swan Solutions. How Railways Set Global Eco Trends?’ of the international transport and logistics forum …

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