Guide to Secure SWIFT Transfers to CIBC

Guide to Secure SWIFT Transfers to CIBC

This article discusses the SWIFT/BIC code CIBCCATTMPS of the Canadian Imperial Bank of Commerce, emphasizing its importance in international remittances to ensure that funds reach the recipient's account safely and efficiently. It also provides additional key considerations to keep in mind when making remittances.

IATA Divides Global Air Travel Into Three Key Fare Regions

IATA Divides Global Air Travel Into Three Key Fare Regions

The International Air Transport Association (IATA) divides the world into three main regions to facilitate the establishment of fare calculation rules. IATA Region 1 includes the Americas and related islands, Region 2 covers Europe and parts of Africa, while Region 3 primarily pertains to Asia and Oceania. This regional classification is a crucial foundation for understanding fare structures in the air transportation industry.

TACT Manual Standardizes Global Air Cargo Operations Amid Trade Growth

TACT Manual Standardizes Global Air Cargo Operations Amid Trade Growth

The TACT (The Air Cargo Tariff) is an air freight rate manual published by the International Air Transport Association. It addresses inconsistencies in airline rate manuals that emerged in the 1970s. TACT consists of three parts: TACT Rules, North American rates, and global rates. It covers carrier rules, charges, rates, and special provisions, providing standardized references for international freight, thereby enhancing industry efficiency.

US Rail Freight Trends Reflect Shifting Shipping Economy

US Rail Freight Trends Reflect Shifting Shipping Economy

According to the Association of American Railroads, June showed positive growth in U.S. rail freight volume, although cross-border freight experienced a decline. This trend reflects the complex changes in the economic environment, with a year-on-year increase in total load during the first half of the year. Future market dynamics will depend on fluctuations in global supply chains and consumer demand.

Aviation Industry Embraces Iatas Vision for Future Growth

Aviation Industry Embraces Iatas Vision for Future Growth

This article presents the vision and mission of the International Air Transport Association (IATA), emphasizing its crucial role in promoting safe and sustainable air transport. It outlines the three core responsibilities of representation, leadership, and service to the industry. Additionally, the article explores IATA's core values and brand drivers, showcasing its commitment to enhancing the development of the aviation sector.