Blowout cargo revenue helps United Airlines beat Q2 expectations
United Airlines’ cargo division is one of the company’s biggest assets right now, with big returns again in the second quarter.
United Airlines’ cargo division is one of the company’s biggest assets right now, with big returns again in the second quarter.
The Federal Maritime Commission is auditing container lines to evaluate potential abuse of leverage against exporters.
Kuehne + Nagel is one of the largest third-party logistics providers in the world and it got larger in the second quarter.
Fiscal year 2021 was a record year at the Port of Virginia, with an increase in loaded imports and volume growth for empty export boxes.
UPS doesn’t want any hitchhikers on its cargo aircraft, especially pests like the Japanese beetle. Learn how the company thwarts them.
“Drayage is one of the biggest pain points for shippers right now,” said industry entrepreneur Andrew Leto.
The Black Swan drones from Dronamics won’t be carrying little packages to someone’s doorsteps. They’re heavy-lift vehicles and DHL wants to flood Europe’s skies with them.
A British Airways plane fell on its face at Heathrow Airport. One ground engineer was too short to reach the landing gear housing, and his colleague put a pin to hold up the landing gear in the wrong place. Oops.
The Federal Aviation Administration puts Transair on freeze because of safety concerns.
Flying horses exist beyond myths. Specialized aircraft are used to transport them around the world. Find out how hundreds are being flown to the Tokyo Olympics
Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
The president of Panama, Laurentino Cortizo Cohen, visited Port Houston Thursday to celebrate five years since his country completed the expansion of the Panama Canal.
The Cuban government blames the U.S. economic embargo for its woes. The situation has worsened and authorities are allowing some cargo airlines to make flights to Havana.
Supply chain bottlenecks are raising red flags for inflation down the road.
Container ships in the congestion-plagued trans-Pacific trade have stepped on the gas, with some vessels now topping 20 knots.
Delta Air Lines is seeing strong domestic travel demand, but cargo also helped the company move beyond breakeven in the second quarter.
Total June container volume was 292,627 TEUs, a 39% increase compared to the same month in 2020.
Wave of cargo delayed by COVID outbreak in Yantian, China, is starting to hit California’s already strained terminals.
The FAA is giving airlines until the end of the year to run passenger freighters with cargo on seats and other parts of the cabin where people normally travel.
Fiscal year 2021 was not only a banner year for South Carolina Ports but also a roller coaster one as volume lows in July 2020 transitioned quickly to record number of TEUs handled.
With 39 ships at anchor, the Port of Vancouver is continuing to feel the strain as CP and CN resume service in a fire-afflicted region of British Columbia.
Delta has a stronger balance sheet than many airlines so it is going to the market to expand its fleet.
The Postal Service OIG seeks an additional $17 million to respond to future service challenges.
Modern narrowbody freighters that can be reclaimed for cargo are very popular with all-cargo operators because they fit well with express networks. Leasing companies are making more planes, like the 837-800, available.
Greater fuel efficiency is allowing airlines to downsize to smaller aircraft on trans-Atlantic routes. That’s bad news for cargo shippers that need wide aircraft.
Crowley’s eWolf electric tugboat will have 70 tons of bollard pull and release zero tailpipe emissions.
The Federal Maritime Commission has partnered with the DOJ to pursue competition violations.
An in-depth look at CEO compensation in container shipping, bulk shipping and the cruise industry
Eastern Shipbuilding opens a new shipyard in northwest Florida with Staten Island Ferry orders.
Lufthansa Cargo is an early adopter of the Airbus A321 converted freighter and will use a passenger affiliate to fly the aircraft.
The Upside Down is a parallel universe inhabited by the Demogorgon in the Netflix series “Stranger Things.” In the real world, shippers that don’t want to get eaten by ocean carriers are fleeing to air cargo.
One alternative: The team moves to Las Vegas, though that would keep Howard Terminal in place.
The SACP 3.0 agreement will create the largest fully interoperable chassis pool in the U.S., covering the states of Alabama, Florida, Georgia, North Carolina and South Carolina.
New disclosures by lines point to massive ocean-carrier profits in the second quarter.
Biden’s executive order calls on the Justice Department to help regulators monitor pricing practices and anticompetition in the container shipping and rail sectors.
IRIS is GEODIS’ eye-in-the-sky ocean and air shipments visibility platform for booking and managing exports in real time.
A disruption to CN and CP rail service caused by a wildfire is putting the Port of Vancouver under pressure as Maersk and Hapag-Lloyd warn of delays and congestion.
McCarthy Construction Cos. has been awarded three projects to help handle growing cargo volumes on the Texas Gulf Coast.
DHL Express is constantly investing in its network, but the growth of e-commerce is accelerating expansion of its operations.
The project continues the region’s hot streak in attracting logistics development.
More box ships, bulkers and tankers are changing hands than ever before — good news for ship values and stocks.
The saga of the Ever Given moves to its next chapter as the container ship that captured the world’s attention when it became wedged between the banks of the Suez Canal in March is released from custody in Egypt to resume its voyage to the Netherlands.
The biggest container shipping line in the world says container traffic at the massive Port of Yantian in China is moving much better after COVID restrictions were recently lifted. But exporters have a long way to go before ocean shipments go smoothly again.
Ocean carriers could make up for two decades’ worth of losses in a single year as demand overwhelms vessel supply.
Nowports aims to digitize supply chains from Asia to the Americas with $16 million in Series A funding.
California offshore traffic jam, Ever Given, Yantian closure, skyrocketing rates and volumes … what’s next for container shipping?
A Boeing 737 cargo jet went down in the water off Hawaii Friday morning.
Manufacturing grew at a moderate pace in June, continuing a 13-month hot streak.
The Louisiana International Terminal will be capable of handling 2 million twenty-foot equivalent units annually.
DP World announced it has acquired Auburn Hills, Michigan-based supply chain solutions provider syncreon at an enterprise value of $1.2 billion.
Federal funding and private investments lend support to the supply chain infrastructure surrounding the Port of Savannah.
The Black Swan drone is coming and it can carry more than a toothbrush from Walgreens. Dronamics is working to set up droneports all over Europe for fast delivery.
More problems loom for importers of Asian containerized goods and tanker slump could last even longer.
The Airbus A321 is the new kid on the block when it comes to cargo aircraft. Engineering companies take retired passenger planes and transform them into planes that can carry lots of cargo.
The South Korean ocean carrier says the newbuilds will provide the “capacity and flexibility” to serve its shippers.
May’s container movements at the Jacksonville port beat the previous record set in October 2019.
The Port of Yantian is operating at 100% on the vessel side again after a month of delays, but that doesn’t mean the container buildup will get resolved soon.
The Port of New Orleans reported a 4% increase in breakbulk cargo volume in May, fueled by steel and general cargo.
Rates for smaller bulkers remain at decade highs with most dry bulk stocks up triple digits since November.
1986: Liberia fights to remain a leading flag of convenience as competition increases.
A year and a half after COVID emerged in Wuhan, China’s exporters, liners, shipyards and container factories are all booming.
A potential strike by Canada Border Services Agency officers threatens to disrupt the country’s supply chains. The Port of Vancouver could feel the most pain.
No one was injured when a man drove his car through the FedEx fence at LAX and proceeded to zoom around the runway.
The company plans to build on UNF’s transportation and logistics program with real-life experiences, Crowley’s CEO says.
Greater package volumes are dictating FedEx’s purchase of 20 more cargo jets.
Less-than-container load service will run weekly from the ports of Altamira to Santos.
JFK Airport is boxed in by the city, so expanding cargo facilities isn’t easy. A partial solution is on the way, which means goods can get delivered faster.
Passenger airlines are going crazy for cargo. WestJet is following the lead of Canadian rival Air Canada in starting a dedicated freighter business to capitalize on strong air cargo demand.
There has never been a better time to own container ships and lease them to liners. But some owners are selling ships and cashing out.
Normally big projects are scheduled during slow periods, but the Port of Savannah can’t wait to deepen its berths so there will be extra cargo delays for a few weeks.
“The demand is still here, the demand is growing, ships are getting bigger,” says Port Houston Executive Director Roger Guenther.
An agreement reportedly has been reached that will allow the Ever Given to finally resume the voyage halted when the container ship became wedged between the Suez Canal banks in March.
Hapag-Lloyd now will add 12 23,500-TEU container ships to its fleet beginning in 2023.
Customer backlash against FedEx Freight’s decision to terminate trucking service has forced the carrier to reconsider.
Americans are spending more on services. Contrary to predictions, this has yet to curb demand for containerized goods.
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The Federal Maritime Commission tells Congress exporters allege they are being threatened by ocean carriers if they complain about excessive fees and unfair practices.
Spot pricing has surged even higher, propelled by carrier rate hikes and China congestion fallout.
U.S. food trade group tells maritime regulators that carrier profits do not justify added fees.
The report says that North America will be less appealing than Asia in the eyes of business, at least through mid-decade.
“We know larger ships carrying increased volumes are coming. We want to be out in front of that curve.”
Port Tampa Bay will become one of three Gulf Coast ports accepting containerized cargo from fruit importer Dole.
The headline number for May retail sales was a sequential decline. What may have been lost in the report is that consumers are continuing to spend at a record-setting pace, which bodes well for freight flows.
There’s fintech and FreightTech. PayCargo plays in both spheres and is well supported by investors.
The Federal Maritime Commission is open to considering a mandate on container carriers to book U.S. exports.
May was the busiest month in the 114-year history of America’s busiest port.
Former chief mate of MSC Gayane gets seven years behind bars for lead role in massive 2019 smuggling operation.
South Carolina Ports is touting two new export facilities projects that will have access to the Port of Charleston: a production facility and distribution center for winemaker Gallo and an agricultural transload facility run by Northwest Grains.
Los Angeles-based Plastic Express will occupy 100% of Phase I at the Cedar Port Logistics Center, scheduled to be completed by December.
South Korean shipping line HMM says it was victim of a cyberattack that caused outages to its e-mail systems.
Decision to secure dedicated vessel highlights unprecedented strength of container shipping and risks faced by importers.
Air Canada is making cargo a bigger part of its business plan. It’s turning eight passenger planes into double-deck freighters.
Container spot rates spiked again, with new records set. For importers, the worst is yet to come.
Belarus occupies a key spot on the Trans-Eurasian rail line and is on the flight path used by airlines between Europe and Asia. Freight transport could be a victim if the West imposes sanctions on Belarus for violating what considers international norms.
The “unprecedented” influx of imports continues on the West and East coasts.
New air cargo security rules require 100% screening of every shipment. The Transportation Security Administration says cargo from large warehouses with heavy security measures don’t pose a risk and can skip screening, but some say that’s unfair to companies that comply.
Rising fuel costs are yet another woe for containerized cargo shippers, while widening spreads should benefit ships with scrubbers.
The proposals hope to enforce the carriage of trade and excessive penalties U.S. importers are being charged by foreign carriers.
“With our sustained focus on supply chain digitization, infrastructure investments and strong business relationships, we have the opportunity to build on this historic milestone,” says Executive Director Gene Seroka.