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Supply chains
Shippers turn to air freight to alleviate Red Sea crisis
...The shift in transport mode, mainly a result of decisions by big container shipping line to send ships around the Cape of Good Hope, has helped push up air freight costs....
January 12, 2024
Britain after Brexit
New import charges crystallise cost of Brexit Premium content
...Pumping air into that bubble is a new book by the economist Will Hutton, which I’ve been thumbing through over Easter....
April 4, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Shipping
CMA CGM and Air France-KLM abandon air cargo alliance
...Recent Houthi attacks on container ships in the Red Sea have begun to push up air freight rates and shown fresh pockets of demand for such services....
January 16, 2024
Trade SecretsAlan Beattie
Suez, Schmuez: how global trade is shrugging off the Houthi attacks
...Air cargo has survived pilot and air traffic control strikes and an Icelandic ash cloud that closed north Atlantic airspace in 2010....
March 14, 2024
Ecommerce
West’s love for Shein and Temu drives ecommerce boom for air freighters
...up with demand....
December 14, 2023
CMA CGM SA
Red Sea crisis causes surge in container ship costs, warns CMA CGM
...CMA CGM has also invested hugely in new areas such as air cargo and on more environmentally friendly ships....
February 23, 2024
FT Live
Managing Operational Risk in M&A Transactions
Examining the value of business licensing and property tax in the deal cycle
Thursday, 20 JuneDigital Conference
Trade Secrets
The red ink that flows from the Red Sea attacks Premium content
...Petersen says: “The whole world is pretty much lined up wanting to have smooth sailing through this region.” Air and land freight can’t make up the difference....
January 15, 2024
Supply chains
European manufacturers and retailers face ‘chaotic’ period after Red Sea attacks
...In the food sector, France’s Danone said it would start enacting “mitigation plans”, including the use of alternatives such as air freight, if the Red Sea disruption lasted for more than two or three months...
January 21, 2024
Aerospace & Defence
Chinese flying taxi sector claims global lead thanks to regulatory support
...“They work longer hours . . . they are determined to actually speed up the process of bringing this new technology into reality,” he said....
April 22, 2024
Colombia
Colombia’s leftist leader turns radical with bid to rewrite constitution
...Chávez consolidated power, increased state control over the economy, boosted spending and cracked down on the opposition....
May 10, 2024
Airlines
European airlines in deal drive to boost profits and open up routes
...If regulators back IAG’s purchase of Air Europa and Lufthansa’s swoop on ITA after Air France-KLM this month took a 20 per cent stake in SAS, then Europe will have taken a major step towards replicating...
October 18, 2023
The FT ViewThe editorial board
Sustaining Ukraine into a third year of war
...Ukraine has consolidated its identity and statehood around values and a vision that will serve it well in the years ahead....
February 22, 2024
UK politics
Sunak to drop heat pump targets in fresh retreat from net zero goal
...Heat pumps draw warmth from the outside air and run on electricity, which is increasingly generated from low carbon sources....
February 4, 2024
Disrupted Times
Red Sea crisis raises fears for global trade
...Some shippers are turning to air freight, driving up prices: the average cost to fly 1kg of cargo from the Middle East to Europe has increased 35 per cent in the last month....
January 12, 2024
Airlines
JetBlue’s $3.8bn bid for rival airline Spirit blocked by US judge
...American Airlines, United Airlines, Delta Air Lines and Southwest Airlines, which together control about 80 per cent of the market....
January 16, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
News in-depthMedia
The Amazon play that could change the game for streaming sports
...By contrast, Diamond Sports Group consolidated dozens of regional networks in midsize markets from Texas to Florida to Arizona....
March 23, 2024
LexTransport
Harland & Wolff: pier pressure prompts Scilly Isles ferry operator bid Premium content
...H&W said in October that it would create a rival service to the Scilly Isles, claiming that the sea and air routes were “underserved”....
November 24, 2023
Vietnam
Vietnam bets on new airports to boost tourism and supply chains
...Flight delays cost fuel and time, while also holding up freight, which will require more capacity as logistics demand takes off....
November 28, 2023
Rana Foroohar
The global trade system is in desperate need of an overhaul
...You could, of course, bump up domestic demand with an industrial policy that incentivises certain industries — such as manufacturing....
February 25, 2024
Oil
Oil tops $80 a barrel after Houthi threat diverts tankers from Red Sea
...Some manufacturers are resorting to air freight for critical parts. Fears of a prolonged disruption have pushed container shipping costs to the highest level outside the coronavirus pandemic....
January 12, 2024
Israel-Hamas war
BP pauses oil shipments through Red Sea after rebel attacks
...Brent crude, the international benchmark, settled up 1.8 per cent at $77.95 a barrel. The US equivalent, West Texas Intermediate, settled 1.5 per cent higher to $72.47....
December 18, 2023
2 min
Can ecommerce deliver a long-term boost for air freight? | FT Transact
...Capacity is increasing, along with the hope that e-commerce can sustain a steady climb for the air freight sector....
February 6, 2023
FT Globetrotter
Move over, Milka: Zürich’s cool bean-to-bar chocolate scene
...There was reverence and anticipation in the air, as if this were more of a pilgrimage, a visit to the mothership, rather than a trip to a museum....
March 27, 2024
Disrupted Times
Ships avoid Suez Canal as fear of Houthi attacks lingers
...adds up to two weeks on a voyage from Asia to Europe....
February 12, 2024
Container shipping
Shipping industry steers container production away from China
...Manufacturers produced an average of about 3.2mn TEUs of new containers each year in the decade up to 2020, according to freight booking platform Freightos....
November 2, 2023

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