More American Shipper Headlines
American Shipper
Hapag-Lloyd revises earnings forecast on Red Sea disruptions
American Shipper
Video: Freighter capsizes and sinks in Dakar after being hit by bulk carrier
Maritime
Container Shipping
Port of Long Beach hits record container volumes
The second-busiest U.S. container gateway moved record levels of cargo in September and in the third quarter on diversions ahead of an East Coast work stoppage and continued demand for holiday merchandise.
Container Shipping
Strong ocean container market boosts Maersk guidance
American Shipper
Roaring volume drives record for Port of Los Angeles
Container Shipping
Containers lagged ocean shipping gains in 2023, UN report finds
American Shipper
ONE, DP World box up hope for breast cancer awareness
Container News
Reindustrialization
Tariffs ‘a tax on consumers,’ says NRF chief
Importers with the National Retail Federation fear a second Trump administration could hurt business with higher tariffs on consumer goods.
Container Shipping
How much does it cost to ship a Taylor Swift tour overseas?
American Shipper Infographics
Infographics
Weekly NTI Update: October 21, 2024
The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.
Most Popular American Shipper Articles
Air Cargo
DHL Express breaks ground on maintenance center at Cincinnati airport
DHL Express says a new aircraft maintenance hangar and extra parking positions now under construction will minimize the amount of time aircraft are out of service and increase capacity at its U.S. superhub near Cincinnati.
Air Cargo
Emirates to nearly double 777 freighter fleet by late 2026
Emirates has placed an order for five current-generation 777 freighters and is eyeing a big order for next-generation freighters from either Airbus or Boeing.
Air Cargo
Azul Airlines boosts cargo capability with first A321 freighter
Azul Airlines will soon deploy its first two Airbus A321 passenger-to-freighter aircraft.
Maritime
Coal company sues Dali shipowners for over $100M
Consol Energy is suing the owner of the ship that caused the Baltimore bridge collapse that forced the company to shut down its export terminal for most of Q2.
Air Cargo
Air cargo sector rides elongated peak season to strong finish
The air cargo sector is finishing the year with a flourish as peak season demand pushes freight rates even higher.
Weather and Critical Events
Florida port gets $9.5M in Milton storm funding
SeaPort Manatee near Tampa, Florida, is slated to get millions of dollars in emergency state funding to help recover from the effects of Hurricane Milton.
Trade Compliance
Trade and Compliance
Tariffs targeting Chinese e-commerce could dampen demand
A new White House effort to reduce the amount of online orders from China that enter the country duty free isn’t likely to interrupt the Shein and Temu business, but could have ramifications for U.S. consumers and retailers.
Sustainability
Election will revamp loophole that allows lower-value imports to avoid scrutiny
Trade and Compliance
Wisconsin importers pay $10M to settle customs fraud case
American Shipper
US delays tariff hikes on Chinese imports by at least 2 weeks
Infrastructure
Podcast
Bring It Home podcast 1st show talks Memphis, Musk and manufacturing
In the first episode of the new Bring It Home podcast, co-hosts Craig Fuller and JP Hampstead speak with Dunavant Enterprises CEO Bill Dunavant about the future of Memphis Tennessee as “America’s supply chain capital.”
Shipping + Maritime
Borderlands: Mexico
Borderlands Mexico: Port of Corpus Christi becomes global crude oil supplier
This week in Borderlands: Port of Corpus Christi becomes global crude oil supplier; Port of Brownsville secures $43M loan for ship channel expansion; US Lumber Brokers acquires Texas distribution center; and Holt Truck Centers expands across Texas with acquisition.
Trucking
State of Freight for October: The bullish feeling is starting to grow
Sustainability
Rebuilding the gateway to America: West Coast ports blaze path to sustainability
Shipper's Perspective
Sponsored Insights
Delta Cargo’s DeliverDirect offers ‘e-commerce delivery at the speed of flight’
DeliverDirect serves various industries, including retail, pharmaceuticals, manufacturing and related sectors.
Shippers Perspective
What it takes to streamline shipping operations and control costs
Air Cargo
Business
Boeing strike continues after machinists reject 35% pay hike offer
Union workers voted Wednesday to reject the latest employment contract offer from Boeing.
Company Earnings
‘Trust in our company has eroded,’ Boeing CEO says after dismal Q3 results
Air Cargo
The pandas are back in town: ‘FedEx Panda Express’ brings bears to US
Fuel
Fuel News
Benchmark diesel price reverses course in biggest 1-week drop in 10 months
The benchmark diesel price used for most fuel surcharges declined Monday after four weeks of rising prices.
Fuel News
Benchmark diesel price rises, but futures prices now headed sharply lower
Fuel News
Diesel benchmark up a few cents; futures prices soar on Mideast concerns
Fuel News
Benchmark diesel price sees small increase for second straight week
Fuel News
After 10 straight weeks of declines, DOE/EIA diesel price up slightly
Rail
News
Arbitrator tabbed for CPKC-TCRC rail contract talks
An arbitrator has been appointed to oversee contract negotiations between Canadian Pacific Kansas City and the Teamsters Canada Rail Conference.
News
New contract in sight for CN, Teamsters
CN and the Teamsters Canada Rail Conference have scheduled mediation for early 2025 as the sides move closer to a new collective bargaining agreement.
Railroad
Weekly U.S. rail volume shows slight gain
U.S. weekly rail traffic showed a modest gain for the week ending Oct. 19, 2024.
Intermodal
Union Pacific Q3 earnings: First look
Union Pacific Corp. in the third quarter saw double-digit gains for income and earnings on modest carload volume improvement and lower fuel prices.
Railroad
CPKC earnings grow despite Canadian work stoppage
Canadian Pacific Kansas City’s third-quarter profits and revenue increased despite the impact of the four-day work stoppage in Canada, the railway reported on Wednesday.
Top Stories
CPKC Q3 earnings: First look
CPKC saw single-digit gains in freight volumes in the third quarter, but the operating ratio climbed as a brief lockout of union employees hit network operations.
Railroad
CSX announces tentative deals with 2 unions, ratification of agreement by yardmasters
CSX Transportation has reached new tentative five-year deals with the International Brotherhood of Electrical Workers and the National Conference of Firemen & Oilers. The railroad also announced ratification of an agreement with yardmasters represented by the International Association of Sheet Metal, Air, Rail, and Transportation Workers-Transportation Division.
Railroad
CN revenue up 3% on rebound from wildfires, work stoppage
Canadian National Railway posted third-quarter revenue slightly better than a year ago as operations appeared fully recovered from destructive wildfires and a labor dispute that briefly shut down the railroad.
Railroad
Norfolk Southern, electrical workers announce tentative contract deal
Norfolk Southern has reached a tentative five-year agreement with the International Brotherhood of Electrical Workers, the railroad announced Tuesday. The agreement, subject to ratification, means the railroad has tentative deals with approximately 67% of its union workforce.
Company Earnings
Norfolk Southern extends gains in earnings, operating ratio
Norfolk Southern delivered significant gains in earnings and operating ratio during 2024’s third quarter, with new CEO Mark George noting the railroad is “continuing to close the margin gap” with its peers.
FreightWaves News
Layoffs and Bankruptcies
Shuttered Illinois trucking company files for bankruptcy liquidation
A shuttered Illinois-based trucking company that once hauled general freight, liquids and gases, beverages and paper products recently filed for Chapter 7.
Company Earnings
Universal Logistics misses on Q3 EPS and revenue forecasts
WHAT THE TRUCK?!?
Data behind cargo and rail theft epidemic; DOT puts $30M towards parking | WHAT THE TRUCK?!?
Less than Truckload (LTL)
Saia comfortable with near-term noise amid terminal expansion
Infographics
FreightWaves Infographics: US-Mexico trade hit $74B in August, Port Laredo No. 1 again
Truckload Carriers
Pam Transportation’s TL unit records fourth straight operating loss
Trucking Equipment
DHL getting 2 Nikola hydrogen trucks, and they aren’t in California
WHAT THE TRUCK?!?