American Shipper

Container, dry bulk and tanker stocks push forward. Biggest winner since mid-2020: Danaos, up (this is not a typo) 1,202%.

Congressman Sam Graves proposes using the Postal Service to test a new bridge and highway funding effort.

E-commerce is the growth engine for air cargo. It’s why DHL Express just added a new air/parcel hub in Milan, Italy.

“As retail imports continue to boom during the pandemic, the ability to quickly move goods from ships to the hinterland via rail is paramount,” says CEO Jim Newsome.

Anchorages are filling up with ships off multiple ports — not just California’s. Yet the reasons behind the traffic jams are not always the same.

Icelandair is raising capital with a sale-leaseback of two large jets and then turning them into freighters. It’s an innovative move.

The lack of Lunar New Year shutdowns contributes to the busiest February on record.

Federal stimulus checks will be heading by direct deposit and mail to millions of Americans, who will quickly turn to their computers to place online orders that flood parcel networks.

China was the top U.S. trading partner for the 10th consecutive month in January and was the most important trading partner in 2020.

E-commerce is like a monster that can’t be contained and Amazon is growing with it. The online retailer just bought some aircraft for the first time. Now it has bought a piece of a cargo airline.

The Port of Virginia has recaptured some U.S. military business it lost over the years.

“We are solving meaningful business challenges with innovation and passion,” says GreyOrange Chief People Officer Ramya Sampath Sharma.

How does California congestion rank versus 2015 logjam caused by tensions with dockworkers union? It’s not even close: 2021 wins by a long shot.

“As we continue to recover from the COVID-19 pandemic, now is the time to accelerate our throughput and growth,” says Pennsylvania Gov. Tom Wolf.

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.

Rockford International Airport is fast becoming an air cargo hub. Amazon and UPS have big operations there, and construction is underway to increase capacity for freighters and storage for new customers.

Analysts tally tanker fallout after OPEC+ stuns market with decision to hold the line of production cuts.

Air cargo is a good news, bad news story this year. Shipment volumes are at pre-crisis levels. But cargo is joined at the hip with passenger airlines, which are cutting more flights and struggling to survive.

Republican lawmakers push back on Biden’s ‘big, bold vision’ ahead of infrastructure talks.

“Ocean Insights has dominated the container-tracking space, and we look forward to providing the industry not only the best ocean capabilities but also the most comprehensive end-to-end visibility platform,” says project44 CEO Jett McCandless.

Drayage trucking and logistics company ContainerPort sold its container yard and depot division to ITS ConGlobal, a company with intermodal, finished vehicle and depot service terminals.

If ocean freight rates have legs, analysts see much more room for the secondhand ship values to run — which should, in turn, boost stocks.

Northwest Seaport Alliance reports January exports dropped 13.4% year-over-year.

Boeing 767s are coveted by all-cargo carriers. LATAM Airlines is doing an in-house swap of passenger planes to its cargo division, which will send them to Boeing to convert into freighters.

Jefferies senior analyst Randy Giveans outlines why it is now a particularly good time to buy container-shipping stocks.

Today’s container market chaos underscores the need for enforceable ocean contracts as opposed to loose agreements, argues consultant Tom Craig.

Lina Jasutiene, managing director and founder of Recoupex and a former lawyer for the shipping line MSC, explains what shippers can do to successfully pursue damage claims. She talks to Steve Ferreira, the CEO of Ocean Audit, during a fireside chat at FreightWaves’ Global Supply Chain Week.

The American Society of Civil Engineers (ASCE) gave the nation’s infrastructure an overall grade of C-, up from a grade of D+ four years ago, the association revealed Wednesday in […]

Maritime regulators warn the Houston port agency against restrictions that could hamper the Gulf Coast container trade.

Kalitta Air pilots on Tuesday ratified a new collective bargaining agreement, which the Air Line Pilots Association says significantly improves retirement benefits and working conditions. The four-year labor contract covers […]

The bosses of public dry bulk shipping companies claim that recent market oddities point to good times ahead.

“American customers will be able to choose to transport their goods using LNG, a new technology that helps to preserve air quality by eliminating almost all atmospheric pollutants,” said CMA CGM CEO Rodolphe Saadé.

California will boost testing procedures to enforce distillate fuel regulations.

The airline industry took a massive punch from the pandemic last year, but most carriers have stayed on their feet. Airlines and their employees say Congress should inject one more dose of aid for jobs so they can start flying more quickly once vaccinations increase and people are ready to travel.

Evan Efstathiou discusses why VCs are looking to invest more in maritime just as shipowners are looking to partner more with startups.

Ocean Audit CEO Steve Ferreira chats with Vanguard Logistics Services Vice President Stephanie Loomis about what importers and beneficial cargo owners can expect as they undergo contract negotiations with the ocean carriers this year.

Federal Maritime Commissioner Carl Bentzel discusses the agency’s options in regulating rates and service amid the booming U.S. container supply chain.

The commanding officer of the U.S. Coast Guard icebreaker Polar Star talks about the commercial challenges and opportunities in the Arctic.

BIMCO’s Peter Sand discusses whether container shipping’s ‘new normal’ has legs and what’s next for the sector.

Amazon may get the headlines for promising fast deliveries, but if it can’t get the product from overseas, the efficiency of trucks and delivery vans won’t make a difference.

The ocean carrier has not said when customers can expect to receive damaged or intact cargo.

Suvrat Joshi joins logistics software-as-a-service platform FarEye as chief product officer.

1996: At 1,044 feet (318.2 meters) long, the new Maersk ships are longer than the Eiffel tower, but they are still capable of a high speed of 25 knots.

Globalization isn’t just driven by comparative advantage. It is skewed by subsidies and mispricing of risk, according to author Marc Levinson.

Airfreight markets are topsy-turvy in the COVID era, but importers and exporters can count on one thing: paying two to three times normal rates. CFOs will have to increase their transport budgets if they want goods to move quickly.

AgTC’s Peter Friedmann said Hapag-Lloyd’s Rolf Habben Jansen failed to mention in a press conference that the container shipping lines are enjoying record profits “while pushing their customers into real financial trouble, some towards bankruptcy.”

DHL Aviation is turning over every stone to find economical capacity to haul packages for DHL’s express unit. The latest moves involve a travel airline flying parcels instead of passengers and a new Airbus converted freighter that few others have.

United Airlines on Friday became the second airline to pay millions of dollars in penalties for a scheme to defraud the U.S. Postal Service for international mail delivery.

Rickenbacker Airport near Columbus, Ohio, is named after World War I ace Eddie Rickenbacker. The airport is a regional hero, supporting more than 15,000 jobs, with a $2.5 billion annual economic impact.

United Airlines took down its Boeing 777-200s with the type of engine that disintegrated on takeoff from Denver last weekend. Now the impact is becoming more clear for cargo customers.

The dog days of summer may have a different meaning this year. Large numbers of explosives-sniffing dogs will be crawling over airport warehouses by July 1 to help meet a requirement for screening shipments riding on dedicated cargo planes.

It’s not just small and midsized importers that face massive contract rate hikes. Even the biggest shippers will feel the pain.

Greg Tuthill, chief commercial officer of SeaCube Containers, sizes up the market for refrigerated shipping containers during a fireside chat at FreightWaves Global Supply Chain Week.

Canadian health care logistics provider Andlauer will acquire most of pharmaceutical trucking firm Skelton Truck Lines for over $90 million – a valuation driven up by the COVID-19 vaccine rollout.

AgTC’s Peter Freidmann highlights the hurdles U.S. food exporters confront as they vie for containers to transport their goods.

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.

“There’s tremendous opportunity for Florida-bound cargo,” says JAXPORT CEO Eric Green during his State of the Port address Tuesday.

Container shipping line CMA CGM wants to be an airline too. Its new air cargo unit has identified Chicago as its first destination and is giving preferential space on its aircraft to subsidiary CEVA Logistics.

United Airlines’ cargo division has been riding high the past year. But it could lose some resources as the company realigns the fleet to make up for the suspension of two dozen 777-200s after an engine blowout.

Passenger airlines have treated cargo as an afterthought. The pandemic is making them realize the benefit of a diversified revenue stream.

The Maersk Eindhoven, which lost 260 containers overboard, is slated to berth for repairs in Japan on Thursday.

One of the largest players in public LNG shipping, GasLog Ltd., plans to give up its NYSE listing. Will more shipowners opt to go private?

Global K9 Protection Group is a big provider of bomb-sniffing dogs. Many of them are dedicated to air cargo security. Now the company is using dogs to detect COVID-19 on people at Miami Heat games.

Emir Pineda, the Miami-Dade Aviation Department’s manager for aviation and trade logistics, explains why Miami International Airport reached a record cargo level last year and how it is a key distribution point for COVID vaccines.

2002: “It’s a myth that we are out of land,” said Jim Larson of the NY/NJ Port Authority, discussing the airport’s cargo possibilities.

Kuehne + Nagel is the second-largest logistics services provider in the world. It just got bigger, swallowing up Hong Kong’s Apex International.

Brussels Airport may be the busiest airport when it comes to moving coronavirus vaccines by air.

Crude and product tanker rates are bouncing along the bottom. As one analyst put it, “There’s only one way to go from here.”

More than 2,900 containers have gone overboard just since the end of November.

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.

Mud dauber wasps in Australia are setting up home inside pieces of sensitive aircraft equipment. It’s more than a nuisance. It could be dangerous.

“We have really a perfect storm of demand that’s surging like there’s no tomorrow, everybody needing to get the boxes back, COVID-related restrictions,” says Hapag-Lloyd CEO Rolf Habben Jansen.

Star Bulk and Golden Ocean have recently acquired almost $1 billion in ships between them as they seek more exposure to the dry bulk market.

Six cases of at-sea container losses have been reported in less than three months.

“If we do nothing, we will still have vessels at anchor come midsummer,” says Port of LA Executive Director Gene Seroka.

Cargo shippers hamstrung by the global container shortage should not expect a box building spree in China to come to their rescue.

The Federal Maritime Commission is stepping up oversight of charges imposed on trucking companies and U.S. exporters by containership companies.

You’ve probably flown in a Boeing 737-800, a next-generation variant of this popular 737, but when they are put to pasture they become valuable assets for all-cargo airlines. ASL Airlines in Europe is snapping some up and converting them to freighters.

The U.S. has indicted a computer hacker working for Pyongyang to help North Korea evade U.S. maritime sanctions.

The United States and Canada should do more talking and less unilateral banning and canceling.

It’s not just container stocks rising. Shipping stocks are up for everything from bulkers to tankers to gas carriers.

Amazon is an e-commerce rocket ship. Making those deliveries possible is Amazon Air, which is growing so fast it could make it possible for more people to receive orders within a day.

Preeti Pande, the hydrogen solution provider’s chief marketing officer, comes with extensive fuel cell industry experience and a Ph.D.

More venture capital flowing to maritime tech startups – and more shipping companies giving those startups a trial run.

The U.N. and World Health Organization are working hard to make sure less-developed countries get their fair share as more vaccine supplies become available. Transportation and logistics is a big part of their organizing effort.

2005: Airbus is ready to break Boeing’s 30-year monopoly on making large passenger aircraft.

The logistics of getting flowers from warm growing climates to people’s doorsteps is complex. Airlines play a big role.

Ocean carriers as airlines? No one thought an online retailer would own a private airline until Amazon did it. The ocean carrier also owns a logistics company. You connect the dots.

Kritikos launched Ceres Terminals in 1958 and sold the company to NYK in 2002.

Lending a hand includes everything from improving the environment to funding community initiatives to rescuing a skier mauled by a bear.

A coalition of Port of Oakland tenants continues to fight after losing its latest legal battle to slow the process of building a new baseball park at Howard Terminal.

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.

Here’s a helicopter view courtesy of U.S. Coast Guard of container-ship armada off Los Angeles and Long Beach (WITH VIDEO).

ZIM, newest Wall Street shipping entrant, is riding wave of record-high freight rates. Shares fully recovered from rocky start.

JAXPORT says strong demand for vehicles and consumer goods contributed to a solid first fiscal quarter.

Thanks to COVID, there are no seasonal highs and lows for international shipping. There is so much demand for goods that the peak season never seems to end — and ports, railroads, truckers and warehouses are reaching the breaking point.

Due to shipping snarl and container congestions, delays in retail inventories will be felt from Christmas through Easter.

Maersk, the world’s largest container carrier, just reported record quarterly results. And its next quarter looks even better.

Inland Port Greer records its best January and ocean-carried container moves increase year-over-year.