Finnair is a microcosm of the pressures on air cargo and airlines because of the airspace restrictions over Russia.
Adoption of this technology is part of Egypt’s 2030 Vision, a long-term strategic plan to achieve sustainable development across economic, social and environmental sectors. Since adopting the initiative in 2020, Egypt has remained the only country in the Middle East and North Africa to avoid economic recession.
Global logistics firm Expeditors International says it is moving closer to restoring key systems two weeks after a cyberattack.
The truck driver shortage in the U.K. and Europe is getting worse with cross-border traffic being interrupted by the Ukraine crisis and Ukrainians going home to defend their country.
Hyper rail systems could transport containers to and from ports quickly, according to WickedHyper’s CEO.
The TaxiBot is not an autonomous taxi for city travel. It’s a robot vehicle that pulls aircraft to the runway.
Ethiopian Airlines is a major passenger carrier that is also investing in its large cargo unit.
Ukraine spillover effects now include higher shipping cost for FedEx.
The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
Three shipments bound for the Port of Novorossiysk have been canceled.
“Today, no area on the planet is left untouched by plastic pollution, from deep-sea sediment to Mount Everest. The planet deserves a multilateral solution that speaks from source to sea,” said Amina J. Mohammed, deputy secretary-general of the U.N.
The knock-on effects from the Ukraine crisis are being felt across the business world, not least in air cargo.
Protecting freedom in Ukraine will require economic sacrifice by many. Air cargo is already feeling the pinch.
Congressional watchdogs are alleging predatory pricing by three major container ship operators and want answers by March 16.
Russia’s invasion of Ukraine has heaped more uncertainty onto the global markets, adding to economic volatility.
Kuehne + Nagel is the biggest air and ocean logistics provider and it’s pushing the right buttons for fast growth.
Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.
Expeditors International is desperately trying to recover from a major cyberattack that has degraded its logistics capabilities.
The United States is closing its airspace to all Russian aircraft as punishment for invading Ukraine, President Joe Biden said in his State of the Union address to the nation […]
Pandemic gridlock, the Ever Given, COVID outbreaks, container shortages, flooding, Ukraine. The next shoe to drop: a labor dispute.
The South Atlantic Chassis Pool 3.0, will be ready in October 2023 and will have 60,000 chassis available.
Container lines and tanker owners rapidly and preemptively suspend business with Russia.
Air cargo is facing more headwinds because of the Ukraine crisis, but some industry players could gain business.
The Biden administration is backing new legislation aimed at alleged out-of-control market power by foreign ocean carriers.
“Relative sea-level rise and the increased frequency and severity of storms are already affecting port activity, infrastructure and supply chains, sometimes disrupting trade and transport,” the report said.
The Felicity Ace, which caught fire in the Atlantic on Feb. 16, was transporting luxury vehicles to the United States.
Container lines, shipowners and shippers have a new way to navigate the market chaos: cleared freight futures.
Western sanctions on Russia will have a devastating impact on all-cargo airline Volga-Dnepr. Shippers will feel some pain too.
The increase in Suez Canal tolls range between 5%-10% and become effective Tuesday.
Ukrainian officials vow to rebuild the world’s largest commercial cargo plane, which was capable of carrying prodigious loads.
The container port business is booming and the big are getting bigger, particularly in China.
Georgia Ports Authority outlined projects that would take container capacity to 9.5 million TEUs by 2025.
The port chaos cocktail: Mix 12 months of container bottlenecks with contentious contract talks for dockworkers.
Break bulk cargo with commodities of plywood, steel and rubber boosted volumes at U.S. Gulf Coast ports in January.
The International Chamber of Shipping issued a warning of the human capital component — Ukrainian and Russian seafarers are now locked out.
Air cargo was a bright spot for Air New Zealand last year, thanks in large measure to government aid for flights geared toward cargo.
There are now more container ships waiting off East and Gulf Coast ports than there are off Los Angeles/Long Beach.
Lufthansa is complementing its transcontinental freighter fleet with some smaller aircraft.
Several trade and transport groups claim ocean carriers should lose special antitrust privileges and face stricter regulatory enforcement of shipping laws.
The Biden administration announces $450 million in port-expansion grants.
Tanker and dry bulk trades could be disrupted; container shipping faces heightened risk of cyberattacks.
“Partnering with Bunker Holding will accelerate the marine industry adoption of biodiesel to achieve aggressive carbon reduction goals,” said Bob Kenyon, senior vice president of sales and marketing at REG.
Global logistics provider Expeditors International shut down most of its operations systems after a cyberattack, limiting the ability to book shipments.
Volkswagen Group has not said how many vehicles are on the Felicity Ace or the breakdown of the models, although it has been reported they included 2022 Porsche Boxster Spyders as well as Audis, Bentleys and Lamborghinis.
One hour. That’s how long it could take a rocket to carry troops and material from a base in the Midwest to the Middle East if technology the military is exploring proves out.
Some big ports are import focused. The Port of Oakland is a big export port. It is trying to restore the traditional import/export balance.
Canada’s largest airline produced its best cargo results ever as the passenger business begins to show signs of sustained recovery.
Cathay Pacific is a once-proud airline hanging on for dear life.
Port Houston’s steel cargo exports recorded a 1,874% year-over-year increase.
“Efforts to successfully move aging cargo out of shipping terminals” improve the picture at California’s San Pedro Bay ports.
CEO Rodolphe Saadé said CMA CGM “will transform the Beirut port’s container terminal into a state-of-the-art facility that meets the best international standards.”
The more ocean shipping is in the news, the more attention it gets from tech founders and investors.
Of 18 companies that Friend of the Sea evaluated, it identified Hapag-Lloyd as “the international shipping company most committed to minimizing the risk of whale ship strikes.”
New data released by project44 shows vessels waiting to berth in Asia recorded an average increase from 13 days in December to 16.7 days in January.
Atlas Air has a huge freighter fleet to help take advantage of shipper interest in air transport and is adding more planes this year.
The crew of 22 was rescued for ship headed to the United States.
A one-on-one talk with the top supply chain policy expert at the U.S. Chamber of Commerce.
“Removing plastic waste is a priority when discussing the protection of our oceans and conserving biodiversity,” CMA CGM Group said.
The large freighter wars are heating up between Boeing and Airbus.
Green ammonia production emits no carbon dioxide, but it has major safety, cost and scaling hurdles to overcome.
SmartLynx will use the Airbus conversion center to modify a half dozen small jets for full-time cargo operations.
After last year’s historic run-up, factories are producing fewer containers and pricing of new boxes is down.
CBD — we know what you’re thinking — also stands for Chinese Development Bank and it is going deeper into air cargo leasing.
“Everything we have sails. Every box we have we try to move,” says Hapag-Lloyd CEO Rolf Habben Jansen.
Ceres Terminals will lease, operate and modernize the TraPac Jacksonville terminal in a $60 million deal.
Third-party logistics provider Flexport’s latest innovation: renting modified passenger aircraft for dedicated cargo service from a novice cargo carrier.
A one-on-one talk with the head of maritime operations for the Port of New York/New Jersey.
Jefferies analyst Randy Giveans maintains that container shipping stocks still have a lot more room to run.
The new A320 passenger-to-freighter jet is ready to join its sister, the A321, on the market as the aircraft attract more interest for airlines.
Xeneta CEO Patrik Berglund explains how carrier negotiating power has changed the annual contracting equation.
Long-term contract rates are at record highs. Shipping lines hold all the cards at the negotiating table.
On-demand air charter companies are providing emergency parts deliveries for automakers trying to cope with demonstrations blocking a key U.S.-Canada border bridge.
The ripple effect of the anti-COVID truck protests in Canada is spreading to aviation.
West Coast terminal operators could be taking advantage of supply chain disruptions by overcharging shippers for using night gates.
Dysfunction at the nation’s largest port helps explain why the U.S. is losing the trade war to China.
Remember “The Love Boat”? Today, we present the Love Plane, bringing your sweetheart goodies for Valentine’s Day.
They can take my gravy when they pry it from my cold, greasy skillet.
Korean Air’s cargo division is propping up the entire airline with passenger traffic still underwater.
A carbon price is an “essential element in any decarbonization plan,” John Butler, president and CEO of WSC, said during a press conference Thursday.
In the absence of shipper’s interest cargo insurance to protect the cargo owner against financial loss, carrier’s liability is all that remains, and cargo owners are often disappointed by the all-too-common misconception that the carrier will fully cover their loss.
Azul welcomes its first quasi-freighter, an Embraer regional jet with a stripped-down cabin.
Amazon Air is expanding further in the Great Plains.
Natilus is developing robot cargo jets in four sizes and has orders from five customers.
COVID container boom continues: Maersk may earn even more this year than in record-trouncing 2021.
The Port of Savannah has seen monthly port records for the past 18 months.
A.P. Moller – Maersk announced the $1.8 billion acquisition of U.S. forwarder Pilot Freight Services. The deal is the company’s latest move in building out a land-based logistics network.
January marks the 11th consecutive month of year-over-year container records, according to SC Ports.
Donald Trump claimed his trade war got the Chinese to bend to U.S. will. But the “historic” trade deal he negotiated didn’t turn out so well.
The number of ships waiting off Los Angeles/Long Beach fell 23% over the past week.
DHL is renewing every aircraft lease it can because air cargo demand is robust.
Value Maritime has developed a system to capture carbon onboard vessels, fill up CO2 batteries and use the captured carbon dioxide in greenhouses.
DHL, seemingly in perpetual expansion mode, is targeting two more U.S. airports for its giant cargo network.
Traxens CEO David Marchand says that “known port congestion is only the tip of the iceberg.”
The FMC is considering minimum billing standards for late fees charged by ocean carriers for picking up and returning containers.
The cost of ship fuel looks like it’s about to topple records set in 2012 and 2008.
No. 7 on FreightWaves’ 2022 FreightTech 25 is landing $935 million in a series E round led by Andreessen Horowitz and MSD Partners.
FedEx operates about 280 small, turboprop cargo aircraft. New ones starting to enter the fleet are bigger and more capable.
AskWaves dives into the potential benefits and drawbacks of using blue hydrogen on the path to green hydrogen.
FedEx is facilitating exports from Europe and the U.K. to the U.S. with a new cargo service.
Swissport, a company that gets your luggage on and off a plane for partner airlines, is fending off a ransomware attack.
