Supply chain planners will walk a precarious path in 2023, according to S&P Global transportation expert Paul Bingham.
Maersk, a major container shipping line, is set to debut its U.S. air cargo service and has focused its resources on the Chicago area.
PayCargo won its trademark case against CargoSprint, which was hit with $11.6 million in damages.
Cargolux is sticking with Boeing over Airbus for replenishing its 747 freighter fleet. On Wednesday, it ordered 10 modern 777-8s.
New disclosures by Asian ocean carriers confirm that container shipping lines remain extraordinarily profitable.
Air cargo is a premium shipping mode. Companies that want fast, reliable transfers are also seeing lease rates shoot up for logistics facilities near airports.
Delta Air Lines and South American carrier Latam Airlines have become partners, creating opportunities to streamline their cargo networks.
Port Houston recently ordered 29 container cranes for a total of $106.1 million.
Demand for Asian goods began dropping earlier this year. This is now having a delayed — and highly negative — effect on U.S. imports.
China-based Zongteng Group has acquired a large cargo jet to enhance its global e-commerce logistics distribution capabilities.
Ocean carriers will be subject to stricter requirements when they charge shippers fees on late containers if a proposed rule is adopted.
Air Canada is giving shippers more airfreight options in the Americas, thanks to a new converted freighter.
Truck transportation jobs in September dropped by an amount exceeded in the last 10 years only by the start of the pandemic.
Air cargo professionals figured business would take off after the summer lull. Turbulent economic conditions and pre-buying have prevented that so far.
Los Angeles airport is finally moving forward on an ambitious project to overhaul its sprawling cargo terminals.
Shipping adheres to a time-honored tradition: When shipowners make exceptionally high profits, they order a lot of new vessels. When those newbuilds are delivered by the yards, it kills shipowners’ […]
Automaker Volkswagen is opening a new shipping hub in South Texas to import more than 140,000 vehicles a year.
FedEx Express and the union representing its pilots on Wednesday filed for federal mediation with the National Mediation Board to help unglue contract negotiations that began in May 2021. The […]
Boeing 737-800 passenger-to-freighter conversions are selling like hotcakes. A Japanese-owned leasing company snapped up six more slots.
CEO Rolf Habben Jansen said the SM SAAM S.A. acquisition is part of Hapag-Lloyd’s strategy to build “a robust and attractive terminal portfolio.”
With war raging and pipelines sabotaged, shippers are paying astronomical sums to transport LNG across the oceans.
Cathay Pacific Cargo is sending cautionary signals about the peak shipping season but still wants new freighters from Airbus or Boeing.
A bipartisan proposal increases minimum tonnages for agricultural products exported by the U.S. government.
California’s legal victory allowing it to impose workplace rules on flight attendants has some cargo airlines worried about states regulating their operations.
Measures of supply chain bottlenecks, cargo transit times, bookings and spot rates are all down, yet inflation remains historically high.
The imbalance of the supply chain now is based on human error and port congestion. We know trade is slowing down, but the congestion skews the reality of the pullback in orders.
Airlines are pushing governments and energy producers for more sustainable fuels. And the cargo sector is helping create more market demand for them.
Supply-demand dynamics that supercharged pandemic-era rates are now “exactly the opposite,” says Maersk CEO Soren Skou.
The Biden administration has approved a controversial Jones Act waiver for Puerto Rico in the wake of Hurricane Fiona.
DHL Express is the first customer for Eviation Aircraft’s electric aircraft, which made its first flight on Tuesday.
Hurricane Ian could slash the flow of Florida products to companies and consumers in the United States and abroad.
The EU is going to ban imports of Russian crude and petroleum products. It still has a long way to go to find replacement supplies.
The Georgia Ports Authority’s board on Tuesday agreed to spend $60 million on further development at the Colonel’s Island Terminal.
Turkish Airlines Cargo put Turkey on the map for air cargo, but companies like MNG Airlines and Air Anka are adding to the competition.
The G-7 plan to squeeze Russia’s oil profits hinges on the EU revising its own sanctions. Those revisions face opposition.
Mediterranean Shipping Co. is taking to the skies with a new cargo airline, following on the heels of other ocean shipping lines with air divisions.
An increase in vessels calling on the East Coast and Gulf Coast ports is adding to wait times, which increases the delays of materials needed for manufacturers to complete their products or get finished products on store shelves.
Boeing CEO David Calhoun is outspoken about how governments are making environmental and economic policy.
East and Gulf coast ports handled more volume than ever before in August, pulling far ahead of West Coast rivals.
Retailers are coming together to send demand signals for zero-carbon shipping fuels.
Air Canada had a dual fleet but got rid of its cargo jets years ago. A pandemic epiphany led the airline to invest in 12 freighters.
The Port of Manzanillo has resumed operations after a 7.7 magnitude earthquake rocked Mexico’s Pacific Coast region Monday.
Container lines are pulling back fast from the ship-leasing market, signaling less confidence in future freight income.
Amazon is slowing down its air cargo expansion as online sales slow but putting more volume through its new Northern Kentucky hub.
A decrease in shipment arrivals as a result of congestion delays is a byproduct of labor strife.
DHL is opening new package terminals at U.S. airports as demand keeps growing. The newest facility will be in Atlanta.
Container shipping rates — particularly from Asia to the U.S. — are still falling hard and show no sign of finding a floor.
Crowley Maritime’s Isla Grande Terminal suffered no significant damage when Hurricane Fiona hit Puerto Rico on Sunday.
The ports at Houston and Corpus Christi, Texas, continue to see monthly cargo growth from oil and steel shipments.
An executive who ran finance for a health care company has been named to lead American Airlines Cargo.
Gol was caught bribing government officials in Brazil in violation of the Foreign Corrupt Practices Act, according to investigators.
Executive Director Mario Cordero says the Port of Long Beach is “making great strides in reducing the number of ships queuing to enter the San Pedro Bay ports complex and quickly moving imports and empty containers out of the terminals.”
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.
