Hong Kong has ratcheted up quarantine requirements on inbound pilots, escalating tensions with the U.S. and impacting the operations of express carriers UPS and FedEx.
The German logistics giant forecasts more than $7 billion in operating profit as far out as 2023.
FedEx pilots want the company to stop releasing crews into Hong Kong for rest periods because of aggressive testing and quarantine restrictions that subject them to infection and loss of personal freedom.
Kuehne + Nagel will become the top global air and ocean freight management company when it completes its purchase of Hong Kong’s Apex Logistics International.
Kuehne + Nagel is on a mission to get bigger in Asia. Two deals this week in China are helping to make that possible.
Kuehne + Nagel is the second-largest logistics services provider in the world. It just got bigger, swallowing up Hong Kong’s Apex International.
Air crews don’t like flying to Hong Kong these days because COVID testing there is invasive and they could end up in mass quarantine facilities. UPS pilots are testing a new rapid antigen test that could alert them in time to stay out of Hong Kong.
S.F. Express is growing its domestic Chinese parcel business at a dizzying rate. The acquisition of a large Hong Kong logistics company helps it expand overseas.
Korean container carrier HMM expects equipment and capacity shortages to continue at least through the end of the first quarter.
The discharging of damaged containers continues nearly two months after the storm-battered ONE Apus arrived in Japan.
Call Cainiao the Amazon Logistics of China. When most of China normally takes a break for the Lunar New Year, Cainiao will still be delivering packages to Hong Kong this year.
SONAR is the leading freight forecasting platform. Two recently added SONAR indices are proving very useful to SONAR subscribers. Learn more.
Cawston, Chowdhury are tapped for top positions at the new company.
The GEODIS Women’s Network “is also intended to improve the reputation of the logistics and transport industry, a field traditionally dominated by men.”
While critics who oppose the USMCA believe this deal will ultimately disincentivize automotive companies to keep manufacturing facilities in North America due to an increase in production costs, there are strong country-of-origin protections in place that we believe will intensify North American automotive production.
The London-based maritime market data provider will offer subscribers airfreight indices via partnership with TAC.
There are too many airlines in Korea’s domestic market to survive, so the government engineered a merger between Korean Air and Asiana.
European 3PL says integration with e-commerce marketplaces strengthens activity with American online retailers and shoppers.
Freight forwarder guides customers through online shopping shift and transport capacity choke points.
Alibaba is a massive online shopping platform, but it also wants to be a dominant logistics provider around the world. It now covers Japan.
Wholesale by Vels sees newly formed Amsterdam-based air cargo consolidation service for freight forwarders taking off during coronavirus pandemic.
Rate increases, which apply to ground, air and international services, take effect Dec. 27.
Air Transport Services Group’s freighter leases offset financial losses from its grounded passenger planes.
Danish third-party logistics services provider’s bottom-line benefits from easing COVID-19 during summer months.
Data Gumbo uses blockchain to automate transactions between buyers and sellers using a combination of data held by those parties and other third parties as verification.
Revenue climbs to more than $21 billion, a near 16% gain.
German forwarder says acquisition will expand its global business in handling nonhazardous bulk liquids such as alcoholic beverages and edible oils.
The carrier sought relief from commission regulations earlier this month as part of its efforts to recover from a crippling cyberattack in late September.
The ocean container industry association files an agreement with the U.S. Federal Maritime Commission to ensure its collective activities do not violate the Shipping Act.
The Agriculture Transportation Coalition, together with TradeLanes, surveys hundreds of American shippers about the cost to their bottom lines of uncommunicated earliest return dates from ocean carriers.
Former Port Authority of New York and New Jersey executive takes over at IICL from Steven Blust, who will continue in a senior adviser role.
The National Customs Brokers and Forwarders Association of America’s general counsel Ed Greenberg looks forward to spending time with his grandson.
While COVID-19 helped increase e-commerce sales volumes, retailers struggle to manage lengthening holiday season lead times.
The U.S. Federal Maritime Commission will consider the French liner carrier’s relief petition to give it time to clean up its systems.
The U.S. Federal Maritime Commission wants to learn the extent of allegations that ocean carriers are targeting noncontracted service providers for freight payment.
Self-driving trucks will drastically cut down on the need for truck drivers, while also disrupting allied segments like insurance, fuel stations and truck stops.
U.S. Federal Maritime Commission steps forward with notice of inquiry to evaluate alleged ocean carrier abuse of “merchant” definition for bill of lading responsibility.
SAL Heavy Lift Group sees Intermarine expanding its ability to serve project cargo shippers throughout North and South America.
The inability of ocean carriers to timely inform shippers of schedule changes results in costly logistics disruptions and potential for lost international sales.
For DHL Global Forwarding, the coronavirus pandemic is no excuse for the ocean freight industry to neglect sustainability initiatives in the supply chain.
Malls are now creating e-commerce platforms by consolidating products sold within their spaces and pushing click-and-collect options as delivery models.
Executive Director Gene Seroka shines spotlight on trade gap on “Squawk Box Asia.”
JAL supports testing drone systems to safely and efficiently deliver essential goods to the country’s health care network.
Augmented reality can help managers visualize warehouse operations better and train workers on a virtual 3D interface.
The 737-800 and 767-300 passenger planes are ripe for converting to all-cargo configurations due to their age and capabilities. Boeing is adding extra capacity to keep up with orders.
The CBP must establish reasonable suspicion a good is made with forced labor in order to institute a WRO.
Better safety systems and driver environment monitoring can help fleets reduce the number of truck-related accidents.
FreightWaves CEO and Director of Freight
At the American Shipper Global Trade Tech summit Wednesday, Cambridge Capital partners discussed what they look for in an investment.
New ocean container floor design developed and tested by the Institute of International Container Lessors over the past 10 years reduces wood use by up to 45%.
A.P. Moller-Maersk’s recent announcement that Damco will no longer exist as a separate brand is expected to drive some shippers into the arms of others.
China’s e-commerce giant leads the pack in pursuing potential gold mine.
MD Logistics, a specialist in handling temperature-controlled pharmaceuticals, will operate as a subsidiary of the Japanese logistics services provider.
3PL’s MyParcel provides European e-commerce customers a scheduled, yet competitively priced shipping service between existing express and postal.
The flagship Japanese airline joins other transportation and technology providers to develop urban freight delivery capabilities with drones.
Hong Kong-based 3PL’s warehouse business suffers from shrinking inventories, but forwarding business saves the day, leading to $109 million first-half profit.
The trans-Atlantic may not be the dominant container market, but it remains dependable for hungry ocean consolidators and forwarders.
DHL Supply Chain North America will provide three months of fully paid maternity leave starting Jan. 1 as part of a push to recruit, retain and promote women in its management ranks.
Bain & Co report discusses the region’s e-commerce market and the futuristic trends that are at play.
Shipco Transport and its container freight station subsidiary ICT have adopted Vector Software to reduce human contact and on-site paperwork processing as the coronavirus persists.
JD.com gets controlling stake in Chinese express transport firm Kuayue Express.
ATRAN Airlines says increased online shopping has increased express air cargo traffic between Moscow and China’s northern cities.
GE Capital Aviation Services now has 74 orders for Boeing to convert versatile, narrow-body passenger planes for express and e-commerce services.
Don’t confuse Florianopolis with Indianapolis. It’s in Brazil and LATAM is flying freighters there from Miami.
Commercial fishing is big business in Alaska. And like all industries, it depends on supply chains to work properly…
Containers are used to carry imports to the U.S., but they also carry exports from the U.S. The agriculture industry depends on them, but COVID-19 has caused the system to fray…
In the past decade, the number of cybersecurity events went up by over 700%.
Trade has been destabilized by the pandemic. Can trade credit insurance help de-risk trade to a degree and help solidify supply chains?
With airfreight capacity squeezed and rates high between China and the U.S., ocean freight consolidators offer the option of fast, cheaper less-than-container load, trans-Pacific services.
DHL located a new life sciences warehouse in Indianapolis because the city has many pharmaceutical companies in the area.
Darren Prokop’s commentary concerns whether price gouging is taking place on container shipping between Asian ports and the U.S.
Chairman Michael Khouri explains how the U.S. Federal Maritime Commission keeps track of COVID-19-induced ocean container carrier sailing schedule changes for anticompetitive behavior.
Thousands of crew members are stuck on board their ships due to COVID-19 restrictions. Learn more in Darren Prokop’s commentary.
An Ethiopian Airlines plane suffers extensive damage in a fire at Shanghai Pudong airport.
Latin American airline mobilized five Boeing 777 passenger planes to move 1,200 tons of N95 masks on board 39 cargo-only flights from China to São Paulo.
The coronavirus’ whipsaw effect on the global supply chain took a toll on Kuehne + Nagel during the first half of 2020, but without a rapid internal response the hit would have been far worse, CEO Detlef Trefzger says.
vailable cargo space on outbound aircraft from China is starting to become scarce again. Shippers better hurry to lock up reservations for the late summer and peak season.
OptimoRoute is a route planning and schedule optimization platform that helps companies organize their mobile workforce and optimize delivery routes.
A digest evaluates the keynote addresses from the virtual event.
With safety and travel logistics in mind, the annual AirCargo Conference, which draws up to 800 attendees, will take place online in 2021.
Delta Air Lines will retire more than 100 planes by year’s end, reducing the carrier’s available cargo capacity to some destinations after coronavirus passes.
project44 report shows the glaring discrepancies in consumer expectations and last-mile delivery capabilities.
Pilots don’t want to fly to Hong Kong because of mandatory crew tests for coronavirus. Some airlines have hit the pause button on flights to avoid crews getting trapped in long quarantines.
Simone Ross writes about the pandemic’s effect on supply chains, and how companies should be improving/changing to minimize damage and get stronger.
Deutsche Post DHL said preliminary second-quarter profits, despite the ongoing COVID-19 pandemic, have it less worried about the rest of the year.
Russian airline Volga-Dnepr, whose planes are commonly associated with transporting heavy equipment, spent the past three months ferrying tons of medical supplies from China to France to combat COVID-19.
Lori Ann LaRocco illustrates the disruption to global trade by profiling what has happened at the Port of Miami since the coronavirus pandemic began.
AAL Shipping, an operator of “mega-size” project cargo ships, expects rebound for smaller U.S. import and export project cargoes in 2021, if COVID-19 pandemic subsides later this year.
The Universal Postal Union’s (UPU) new regulations will see an increase in international inbound package rates across the U.S.
Pilot Freight Services, which operated under a national franchise network for decades, now owns 90% of its offices and monitors for future acquisitions.
CIO Claas Matthies is tasked by SAL Heavy Lift with implementing a digital strategy to streamline and improve the financial outcome for one of the most complex forms of ocean transport – project cargoes.
“Freedom of the Skies” is tempered by landing slots at airports, which are controlled by the governments the airports are in. In the high-stakes world of air cargo, landing slots are very valuable. Learn more in Darren Prokop’s commentary.
Digitization of forms and the use of blockchain will cut costs and time from the supply chain. Brian Aoaeh writes about those issues in India.
Chinese warehousing robotics startup Geek+ is the most funded startup in the world in its segment.
Because of strained supply chains, will just-in-time delivery be used less by industry? Darren Prokop explores this topic in his latest commentary.
Lori Ann LaRocco explains why intra-Asian trade is down and its affect on the United States.
A recent study by the Institute of International Container Lessors found that traditional hot zinc sprays for refrigerated container steel frames keep them in top shape years longer than zinc-rich primer coatings and should be maintained by box manufacturers.
Cold storage consolidation remains hot. Lineage Logistics closes on Emergent Cold transaction, growing its already dominant global market share.
The global pandemic has strained relations between the U.S. and China. Will that cause the trade deal negotiated earlier this year to break down?
Escalating airfreight transportation rates and capacity shortages from China due to the global pandemic have encouraged some shippers to split supply chain shipments between ocean and air pallets.
