Battle lines remain strong in Panama Canal contract fight
Battle lines remain strong in Panama Canal contract fight
Battle lines remain strong in Panama Canal contract fight
By Eric Kulisch and Jon Ross | Jan 22, 2014
The Panama Canal Authority and the consortium building the waterway’s new set of locks met Tuesday, with the contractor proposing a new arrangement to jointly finance ongoing construction while claims for cost overruns go through arbitration.
To attract demand in new market segments, the air cargo industry must improve its value proposition. Enabling modern processes with digitalization will help build a stronger foothold in e-commerce and the transport of time- and temperature-sensitive goods such as pharmaceuticals and perishables.
IATA Director General and CEO Alexandre de Juniac
Uncertainty over the cargo volumes in 2019 will continue due to the concerns on a global economic slowdown, Brexit, and the U.S.-China trade conflict.