Boeing must soon decide on what to do about developing a next-generation medium freighter. The leading candidate now appears to be the 787.
U.S. containerized imports are still near record highs, but not in Los Angeles, where they’ve fallen sharply.
Senior executive says “strategic assets along the supply chain are a key part of Hapag-Lloyd’s Strategy 2023.”
“Right now, shipping companies around the world are looking at this and scratching their heads,” says sanctions expert Bruce Paulsen.
Labor actions are creating great uncertainty for rail shippers in the U.S. and for air and sea cargo in Europe.
Federal regulators are proposing a “burden-shifting regime” aimed at helping importers and exporters secure container space on ships.
Tanker stocks are proving to be a shelter from the Wall Street storm as demand grows for ships that transport oil and natural gas.
“This new funding will help us accelerate development of our platform and add even more data sets to enrich our expert industry analyses to further drive transparency in the market,” says Xeneta co-founder and CEO Patrik Berglund.
The Georgia Ports Authority is on track to move a record-setting 6 million twenty-foot equivalent units this fiscal year.
Government watchdogs have found that maritime regulators are unable to effectively track how shipments of military supplies and food aid are transported overseas.
Ethiopian Airlines is adding Boeing 767 freighters in a transaction with Atlas Air Worldwide.
Spot container rates for U.S.-bound cargoes are falling fast, yet import numbers at U.S. ports remain near their peak.
After months of regulatory delay a new U.K. aerospace company can now go to market with a partial passenger-to-freighter conversion.
Shipping volumes are weakening in and out of China. Is this a temporary pullback or a sign of more serious trouble ahead?
The airfreight sector remains chaotic, but a better-than-expected August is spurring optimism for solid results during the busy shipping season.
In a Q&A with FreightWaves, Shifl CEO Shabsie Levy says of current general rate increase global shipping practices: “It essentially incentivizes chaos and disruption but yet doesn’t play in anyone’s favor.”
JD.com, the China-based mega e-commerce retailer, has begun operating its own cargo flights as part of its diversification into global logistics services.
Container and dry bulk shares soared last year, leaving tanker stocks behind. This pattern has now reversed.
(UPDATED: Lufthansa announced Sept. 12 that it finalized a contract with pilots that will carry through the end of June 2023. And dnata announced Sept. 8, 2022, that had reached […]
IMC Companies says its SmartStacks app increases driver productivity and eliminates unnecessary container lifts.
The Georgia Ports Authority says the Navis system “eliminates data silos, improves velocity across our terminals and enables us to more easily integrate with our customers to provide the data and insights they need.”
Container vessels are expected to use auxiliary engines while in port this week to help California’s struggling electric system cope with extreme heat.
Cathay Pacific Cargo, a bellwether for trade in Asia, says slowing consumer demand and Chinese exports point to a less busy peak shipping season.
A 24-hour strike by Lufthansa cockpit crews will shut down the company’s freighters. Logistics providers worry future union actions could be more serious.
The Port of New York and New Jersey has put off charging ocean carriers for containers left at the port.
If the U.S. curbed gasoline and diesel exports, tankers would sail longer distances to replace lost volumes — a plus for tanker earnings.
Shipping line Maersk has completed the $3.6 billion takeover of Asian retail distribution specialist LF Logistics.
The U.S. and European ports are bloated by congestion — and only time can alleviate this situation.
California’s container-ship traffic jam is almost gone, replaced by stubbornly high backlogs off the East and Gulf coasts.
Flexport is taking a page from Amazon’s growth model. The logistics provider just hired its third executive from the Amazon tree.
Lufthansa is a major international cargo carrier, but it is adding smaller jets to shuttle packages on shorter routes around Europe.
UPS is buying eight more 767 cargo jets from Boeing.
The recovery of two sunken tugs in Tasmania was a big logistics and engineering undertaking.
The Inflation Reduction Act has been signed into law. What do its climate measures mean for supply chains?
AELF FlightServices, a provider of operating leases, is chasing the cargo market with an order for its first 767 conversion aircraft.
Just two supertankers have been ordered in the past 14 months, raising the risk of a future shortfall in oil transport capacity.
The U.S. Justice Department on Thursday blew the whistle on the planned acquisition of a large container manufacturer by a Chinese company.
Sanctions have put two of Volga-Dnepr’s three cargo airlines out of action. The Russian airline is grasping for lifelines.
Edmonton International Airport is organizing itself as an air hub for e-commerce shipments.
The Russia-Ukraine war caused demand for LNG to surge. Owners of LNG carriers are in prime position to profit this winter.
A severe typhoon is headed for the South China region, forcing airlines and ports to take precautions and adjust schedules.
Zhengzhou airport has completed a major expansion project to alleviate crowding at its cargo facilities and allow for significant growth.
Mud dauber wasps pose a danger to jets at Australia’s Brisbane Airport, which is using special treatments to keep the insects away.
Trucking companies want the FMC to require better container storage data from the ocean carriers to speed cargo flow at the Port of New York and New Jersey.
The cost of marine fuels is down sharply from the wartime peak, except for ‘clean’ LNG, which is getting even more expensive.
Workers responsible for the transport of goods have pushed back on wage offers in recent months, but the flow of trade is choking in this tug of the purse strings between employers and labor.
OOIL reports record revenue but has “legitimate concerns about the impact of inflation and interest rate rises on consumer spending.”
Spot rates on most global shipping routes continue to fall. The trans-Atlantic market is the exception: It’s holding firm near its high.
A partnership between DHL Express and Singapore Airlines is taking off following the delivery of a new Boeing 777 freighter.
Ports in Houston, Corpus Christi, Texas, and Mobile, Alabama, continued to see increased cargo volume in July.
U.S. imports accelerated in July, with inbound cargo from China reaching a year-to-date high, according to Descartes.
Flexport has tapped another Amazon veteran for its leadership ranks as the logistics company moves to the next level of growth.
July was a record month at the Port of Virginia. At SC Ports, July’s volumes were up from June as the Port of Charleston sought to improve port flows.
With East Coast ship queues high, port executive Gene Seroka says: “For cargo owners looking to rechart their course, come to Los Angeles.”
Trans-Pacific spot container shipping rates continue to head lower. Zim appears more at risk than some of its rivals.
Hellmann Worldwide Logistics took another step in its drive for global expansion by buying out its partner in Peru.
Hong Kong’s COVID rules have handcuffed Cathay Pacific’s pandemic recovery, and typhoons last month wreaked havoc with freighter deployments.
Rates and sentiment in dry bulk shipping have fallen hard. Economic pressures in China appear to be a major culprit.
The latest whammy? A U.K. port strike could delay deliveries of Guinness.
The latest shipping company poised to delist has a market cap of $3.5 billion. The latest new entrant’s market cap is under $20 million.
Airbus is so pleased with its first three Airbus A321 freighter conversions that it plans to add six more of the jets.
UPS Airlines is keeping its pilots happy with a new contract extension.
Federal regulators are considering a congestion emergency order to require carriers to share cargo data with shippers, railroads and trucks.
Air Canada is moving quickly up the ranks of hybrid passenger-cargo carriers.
Yang Ming summed up its second quarter and the first half of 2022 in about 150 words.
Hapag-Lloyd bookings point to a gradual unwind of the container shipping boom, not a crash.
Lufthansa Cargo is increasing cargo capacity to key markets after adding a large 777 freighter.
Maersk Air Cargo is preparing to start U.S. service that originates in South Korea.
South Korean ocean carrier HMM expects “downward pressure” on demand growth in the second half of 2022.
Latam Airlines’ cargo division has expanded its European service, including a dedicated charter flown for logistics provider DB Schenker.
Tankers stocks are doing great. Dry bulk and container stocks temporarily stopped the bleeding. “Maxim stocks” still underperform.
Vietnam Airlines is moving beyond passenger business to fly cargo jets for the first time, with the help of a U.S. air services company.
Georgia Ports Authority kicks off the start of its new fiscal year with volumes at over a half million TEUs.
Mercado Libre is an online retailer with a private cargo airline. It is outsourcing air transport in Brazil to passenger airline Gol.
Port congestion and voyage cancellations by shipping lines are preventing a steeper slide in spot container freight rates.
The South Carolina cold chain facility opening next year will handle Port of Charleston imports and exports of proteins, fruits and vegetables.
It looks increasingly likely that war-driven changes to global crude flows will persist for an extended period.
Record results by the cargo division pulled Deutsche Lufthansa AG to profit in the second quarter for the first time since the COVID crisis began, underscoring how moving goods has […]
Air Transport Services Group rode the e-commerce wave to another profitable quarter.
Federal regulators are pressuring carriers at the Port of New York and New Jersey to compensate shippers and carriers for container storage.
NOAA Fisheries aims to reduce whale strikes on the East Coast of the United States with new vessel speed regulations.
Atlas Air reported strong second-quarter earnings while announcing it is being bought by an investment consortium for $5.2 billion.
The U.S. is enforcing sanctions against Iran and Venezuela through seizure action on a 747 cargo jet.
Chinese military exercises in the Taiwan Strait will delay shipments. Further escalation could have dramatic supply chain effects.
Etihad ordered big Airbus freighters to support its ambitious growth plans for cargo.
Container shipping giant Maersk sees continued strength in U.S. imports and ongoing supply chain disruptions globally.
E-commerce is making air cargo an attractive play for investment funds. Atlas Air is on Apollo Global Management’s wish list.
The Democrats’ inflation bill pares down ‘Build Back Better’ but includes $3 billion to help ports and terminals cut pollution.
The Port of New York and New Jersey has announced a container fee on long-dwelling import or export containers, aiming to reduce an excess of empty containers dwelling at the port and free up space for container pickup.
Second-quarter cargo business softened on the margins for British Airways and its sister airlines but was still much better than before the pandemic.
“Peak season” is a term in maritime that really has lost all meaning. Since the pandemic began, the ports have been processing record volumes of containers. Inventories were wiped out […]
Cargojet says it has two built-in defenses against an economic downturn: e-commerce and unstable cargo service at passenger airlines.
The drop in ships waiting off Southern California is deceiving. The number of ships off all three coasts is back to all-time highs.
The new rail hub is designed to respond to a growing need to expand domestic intermodal capacity within the greater Seattle region.
Shipping lines are still racking up extraordinary profits. Hapag-Lloyd forecasts continued strength in the second half.
UAE-headquartered port operator Gulftainer says it has turned a “poorly performing past two years into a significantly positive first half of 2022.”
DHL is expanding its airport infrastructure in Germany and dedicated route network in the Americas to support growing trade volumes.
European airports have experienced plenty of headaches this summer. A strike at Lufthansa is adding to congestion and frustration.
Boeing landed some freighter contracts at the big Farnborough air show but wasn’t the only manufacturer making sales on the cargo front.
Container, crude oil and petroleum shipments rose as ports in Houston and Corpus Christi recorded strong freight volumes in June.
