Air France, which last month reported a net loss of 809 million euros ($1 billion) in 2011, has made cutting controllable costs by 20% the main plank in its business restructure plan, “Transform 2015”.
The French flag carrier has outlined measures to turn around its air cargo division, which reported an operating loss of 60 million euros.
Air France said: “Confronted with a difficult economic environment and insufficient competitiveness, several improvement priorities have been identified [...]
Week in Review PANAMA LOOKS WEST
Panama hopes to join the Pacific Alliance in 2013. According to the website www.andina.com.pe, the Ambassador of Panama in Peru, Carlos Luis Linares, said the entry into force of the agreement signed by the two countries will facilitate the entry of Panama into this bloc of nations.
The third set of locks on the Panama Canal, as a cornerstone, includes the installation of gates, eight on the [...]
Account Executive for Sales and Marketing for Crowley Latin American Services LLC. Bachelor Degree preferred. Must have 3-5 years working for shipping and logistics companies in sales related position; be proficient in Word, Access, Excel, ACT; be fully bilingual in English and Spanish.
Accounts Receivable Coordinator for Maersk Line, Panama ( provisional position until Jan 2013) Must be bilingual in Spanish and English; have computer skills ( MS Office), have [...]
During the Logistics Business Lunch on March 27, Mr. Rafael Guerrero, Chief Operating Officer of the Drug Prosecutor’s Office gave an interesting conference on “Security Measure Guidelines for Cargo Agents Not to Contribute to International Drug Trafficking.”
During his explanation to the Panamenian Association of Cargo Agents (APAC), Mr. Guerrero said that one of the best ways to avoid contributing to the international drug trade was “getting to know your customers,” that could be done [...]
Just days after container freight rates on the westbound Asia-Europe corridor rose 28%, French shipping line CMA-CGM announced an “emergency rate restoration” charge from May 1.
The hike is of $385 per teu on routes from Asia to Europe and the Mediterranean.
The increase will apply to containers, breakbulk and reefers from all Asian ports to all North European, Russia, Mediterranean, Adriatic, Black Sea and North Sea ports.
Emirates Shipping Line had raised its rates [...]
Founded in 1965 by Leoninas Critides, Islamorada is a shop specializing in navigation.
These days Leo’s son Jason Critides has taken over management of the store.
However, before mentioning what can be found in Islamorada, it is worth noting the great experience of Leo Critides, who for many years was a merchant navy Captain. This is what gives business confidence to those who deal with them.
Islamorada caters to all types of [...]
The grand opening of the Maritime Week of the Americas conference – MWA Bunkers or MWA Ports – Intermodal will take place on Tuesday May 22, at the Hotel Riu in Panama City.
The environment remains a key factor in international trade and, with the arrival of the North American Emissions Control Area (ECA), the quest to find viable, green alternative fuels is intensifying. One session will look at the likely impact of the newest [...]