Vietnam Air Gets Loan Extension to Avoid Insolvency Risk

Vietnam’s National Assembly approved an extension for Vietnam Airlines’ 4 trillion dong ($157 million) state-backed loans through July 2027 to give the financially struggling national carrier time to reorganize its operations, according to information from the parliament. The airline was at risk of insolvency without the extension, according to a statement earlier this week on … Read more

BlueBox Systems Launches New Dashboard to Track Air, Ocean Cargo

BlueBox Systems has announced the launch of BlueBoxCargo, providing real-time tracking for air and ocean freight.  The new data platform combines the company’s BlueBoxAir and BlueBoxOcean systems to form a single dashboard to manage and monitor cargo.  “BlueBoxCargo is the next logical and, above all, long-planned development stage for us,” said BlueBox Systems’ CEO Martin … Read more

Canada Border Agents Threaten to Strike in June

The union representing Canadian border agents said over 90% of its members voted to go on strike as soon as June. The Wall Street Journal reported May 24 that America’s second-largest trading partner could face a possible simultaneous strike at the country’s two main railroads, Canadian National Railway and Canadian Pacific Kansas City, sometime in … Read more

A.P. Moller-Maersk Launches Air Freight Gateway in Miami to Serve U.S., Asia, Latin America

A.P. Moller-Maersk (Maersk) announced May 9 it has expanded its air freight operations with the activation of a full-service, in-transit air freight gateway in Miami.    The new gateway, modeled after operations in Atlanta, Chicago, and Los Angeles, will focus on transshipping European and Asian cargo via Miami to Latin America with competitive connectivity on … Read more

Boeing ‘Missed’ 787 Inspections, May Have ‘Falsified Records’

Boeing faces a new regulators’ investigation after the planemaker said it might have failed to properly carry out some quality inspections on its 787 Dreamliner planes. According to The Guardian, the Federal Aviation Administration (FAA) said it was “investigating whether Boeing completed the inspections and whether company employees may have falsified aircraft records”. The FAA … Read more