IATA Launches Global Clearing House for Airline Settlements

IATA Launches Global Clearing House for Airline Settlements

IATA Clearing House exchange rates are the authoritative standard for interline settlement among airlines, comprising FDR, MMR, and CDR rates. They aim to reduce exchange rate risks, simplify settlement processes, and improve operational efficiency. The annual subscription provides PDF and TXT format files for easy system integration, making it a smart choice for airline financial settlement. This ensures accurate and efficient interline billing and revenue accounting across the global airline network.

01/05/2026 Exchange Rate Query
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Congress Probes Bill to Curb Amazon Warehouse Labor Abuses

Congress Probes Bill to Curb Amazon Warehouse Labor Abuses

A U.S. Democratic Senator introduced the 'Warehouse Worker Protection Act,' aiming to regulate warehouse production quotas and safeguard worker rights. Drawing on experiences from multiple states, the bill emphasizes quota transparency, advance notice of quota changes, reasonable rest periods, and prohibits unreasonable penalties. Implementing this legislation will impact e-commerce business models, presenting both challenges and opportunities. Collaborative efforts are needed to refine and implement the act, balancing business efficiency with worker well-being. The bill seeks to create a fairer and more sustainable working environment in the warehousing sector.

11/03/2025 Logistics Industry Insights
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US Infrastructure Bill Aims to Relieve Supply Chain Strains

US Infrastructure Bill Aims to Relieve Supply Chain Strains

The United States passed a $1.2 trillion infrastructure bill aimed at improving transportation, broadband networks, water and electricity infrastructure, and alleviating supply chain bottlenecks. The CAGTC welcomed the bill but emphasized the need for patience as funds become available and projects are implemented. The bill is expected to promote economic growth but faces challenges such as project approvals, labor shortages, and inflation. The long-term impact hinges on efficient execution and overcoming these hurdles to modernize critical infrastructure and boost the economy.

01/19/2026 Logistics
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Bidens 12T Infrastructure Bill Targets US Supply Chain Fixes

Bidens 12T Infrastructure Bill Targets US Supply Chain Fixes

The US $1.2 trillion infrastructure bill has been enacted, aiming to address long-standing underinvestment in infrastructure and reshape the supply chain. Industry associations have voiced their support, expressing anticipation for improvements in ports, highways, railways, and aviation. However, they also emphasize the need to address the short-term supply chain crisis and seek a balance between long-term and short-term solutions. The bill is expected to modernize critical infrastructure and boost economic growth, but its impact on immediate supply chain challenges remains to be seen.

01/19/2026 Logistics Industry Insights
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US Ports Tackle Supply Chain Woes Amid Infrastructure Bill

US Ports Tackle Supply Chain Woes Amid Infrastructure Bill

In the LM podcast, the American Association of Port Authorities' President, Connor, delves into the opportunities and challenges facing US ports and the impact of the Infrastructure Investment and Jobs Act. He emphasizes the bill's role in modernizing ports, shares lessons learned during the pandemic, and analyzes issues like port congestion and container shortages. Connor's insights provide a valuable perspective on the future development of US ports.

01/19/2026 Logistics Industry Insights
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White House Boosts Global Supply Chain Resilience Amid Bottlenecks

White House Boosts Global Supply Chain Resilience Amid Bottlenecks

The White House is actively taking steps to address global supply chain challenges, including strengthening international cooperation, adjusting domestic policies, and implementing data monitoring. However, experts disagree on the effectiveness of these measures, arguing that deeper analysis and more targeted solutions are needed to truly build a strong, reliable, and efficient global supply chain. The current efforts, while well-intentioned, may require further refinement to achieve lasting resilience against future disruptions and ensure smooth flow of goods.

01/19/2026 Logistics Industry Insights
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US Bill Proposes Tax Credit for Short Line Railroad Upgrades

US Bill Proposes Tax Credit for Short Line Railroad Upgrades

The American Short Line and Regional Railroad Association (ASLRRA) welcomes the bipartisan Senate bill aimed at updating the short line railroad tax credit. This legislation seeks to modernize short line railroad infrastructure, support regional economic growth, and improve freight fluidity by adjusting the credit cap, expanding eligibility, and introducing inflation indexing. These changes will incentivize investment in critical infrastructure upgrades, allowing short lines to better serve their customers and contribute to the overall economic health of the communities they serve. The updated tax credit is crucial for maintaining and improving the nation's short line rail network.

01/20/2026 Logistics
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Direct Vs House Air Waybills Key Choices for Air Freight

Direct Vs House Air Waybills Key Choices for Air Freight

This article provides a detailed interpretation of the concepts, differences, and applicable scenarios of Direct Air Waybill (Direct AWB) and House Air Waybill (House AWB) in international air transport. A Direct AWB is issued by the airline, directly connecting the actual consignor and consignee. A House AWB is issued by the freight forwarder, involving a master air waybill and house air waybill, and is often used in scenarios where freight forwarders need to provide customs clearance and other services. The choice of which document to use depends on factors such as the consignee's customs clearance capabilities, service requirements, cost, information security, and transportation time.

09/26/2025 Logistics Encyclopedia
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Key Differences Between Master and House Air Waybills in Freight

Key Differences Between Master and House Air Waybills in Freight

This paper delves into the key differences between Master Air Waybill (MAWB) and House Air Waybill (HAWB) in international air freight, covering aspects like issuing party, application scenarios, information content, and modification flexibility. It also details their legal validity. The MAWB serves as a contract of carriage between the airline and the freight forwarder, while the HAWB represents a service contract between the forwarder and the shipper. The importance of accurate document information is emphasized, aiming to help readers better understand international air freight documents and mitigate trade risks.

01/15/2026 Document Interpretation
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