This has been the best January for dry bulk shipping rates in a decade. Is this the long-awaited turning point or yet another head fake?
Airlines are heavily in the red and a big shrink in passenger revenue last year is to blame. The International Civil Aviation Organization quantifies the results and gives its outlook for 2021.
Asia-West Coast spot rates are up 173% year on year. Rail and trucking volumes from ports are up double digits.
The first airports are releasing cargo performance data for 2020. Hong Kong and Amsterdam took a hit.
Higher fuel prices are bad news for box shippers. Higher fuel spreads are good news for owners with scrubber-fitted fleets.
The 8,113,315 TEUs moved in 2020 stacked up as a record year for the Port of Long Beach.
United has made cargo a priority during the pandemic. The number of passenger cargo flights it operates is evidence of that.
The jump in passenger traffic for U.S. airlines during the Thanksgiving and Christmas holidays was a mirage, not a sustainable source of revenue for overcoming the coronavirus crisis. On Thursday, […]
“The way we responded to the challenges, kept commerce moving and preserved jobs is a story that we will all remember for a long time to come,” says Port of Los Angeles Executive Director Gene Seroka during his State of the Port address.
Delta Air Lines is bringing in new blood and hiring from within as it works through the impact of the coronavirus pandemic.
Delta’s downsizing helped it contain costs during an extremely challenging pandemic year. On Thursday, it reported a fourth-quarter loss before taxes of $2.1 billion.
There are more container ships stuck off California than at any time since 2004. What’s behind the pileup? When can it be cleared?
Thanks to a resurgence of imports that began in late summer, Port Houston moved 2,989,347 TEUs in 2020.
New COVID travel restrictions have dealt Canadian airlines and their workers another blow. The financial road ahead looks scary until vaccines start working.
An electronic bill of lading must be in a format that ensures interoperability across multiple user interfaces.
Amazon is the bogeyman for many people. Freight forwarders say if they have to screen cargo to get it on all-cargo planes then electronic retailers like Amazon should too. They see a double standard in the making by the Transportation Security Administration.
Boeing is pulling the plug on its 747-8 production line, and Atlas Air is snapping up the last planes. DHL Express is also ordering 777 freighters.
The opening of the Hugh K. Leatherman Terminal and deepening of Charleston Harbor are expected to make for an even brighter 2021.
An LNG ship is now earning more than any other vessel in history. Extreme weather in Asia has propelled LNG rates into the stratosphere.
A new type of air cargo plane is entering the market to much fanfare. The Airbus A321 has many capabilities. Titan Airways is getting the second freighter ever produced.
Dachser promotes Burkhard Eling to CEO; GlobalTranz hires Bryan Foe as SVP; the Containerization & Intermodal Institute appoints Randy Bayles to its board; and Illinois Railroad Association taps Michelle Kelm as executive director.
Even after a wave of just-ordered container ships is delivered by yards, cargo shippers are unlikely to see lower freight rates.
Schiphol Airport is moving its commercial cargo unit under the airline operations division in an effort to streamline functions and benefit users.
Airlines operating in the U.S. are once again collecting the federal excise tax on freight shipments that were suspended for most of last year to help the industry survive the […]
The Swiss logistics giant Kuehne + Nagel has extensive pharmaceutical experience and will handle the storage and transportation of COVID-19 vaccines for Moderna around the world.
The division of work between state employees and union members at the new South Carolina container terminal goes to the labor board.
A Biden administration teamed with a Democratic Congress should lead to even more stimulus, a recipe for even more container imports.
The airfreight sector is nursing itself back to health and should be discharged from intensive care by April. Find out why.
How surprise Saudi production cuts and escalating Mideast tensions could impact timing of crude-tanker rate recovery.
The air cargo market is doing much better than passenger business for airlines. It could reach equilibrium, following the pandemic shock, in the next few months.
Like clockwork, liner operators sharply reduce their sailings each year during the Chinese New Year holiday. Not in 2021.
The Transportation Security Administration’s top official for air cargo security is looking at a less-expensive alternative to intrusive inspection of all freighter shipments.
No end date is in sight as the wreckage removal proceeds nearly 16 months after the roll-on/roll-off vessel capsized off the coast of Georgia.
Successful IPO by ZIM would offer investors direct exposure to trans-Pacific freight-rate craziness, but not without risks from debt load.
The Boeing 777 is highly prized for its cargo capability, whether it’s in passenger or cargo configuration. Three airlines are adding freighters to their fleets, which is welcome news to companies trying to book cargo space when there aren’t enough aircraft flying.
DHL Freight promotes two and ev Transportation appoints two to board.
Cranes arrive, environmental prizes are awarded and cruise ships are welcomed.
Russia is shipping its COVID-19 vaccine to several countries, including Argentina.
The Teamsters union has patched things up with one of Amazon’s main air transport providers. Talks remain stalled with the other cargo airline.
The Port of New York and New Jersey is committed to fluid operations during cargo surges.
Former FEMA official Tim Manning will coordinate COVID-19 supply chain management in Biden White House
Asia-U.S. container rates had held firm at a record high since September. Now they’re on the move again — and headed even higher.
Volga-Dnepr is bringing back one of its An-124 jumbo freighters after an accident forced the company to temporarily ground the fleet for safety checks.
Mexico’s new fuel import regulations are seen by critics as an attempt to boost state oil firm Pemex.
The World Shipping Council responds to assertions from FMC commissioners of potential Shipping Act violations.
Freight forwarders are vying against all-cargo airlines and online merchants over whether export cargo should be screened or get a green light to the aircraft if it comes from a secure facility audited by the government.
A look back at 2020’s shipping roller coaster: how container sector emerged as ‘surprise rock star’ and tankers peaked early, then plunged.
Ocean carrier Maersk says it is “working closely with the Agriculture Transportation Coalition and local trucking associations to address their concerns of equipment availability and detention and demurrage issues.”
Hapag-Lloyd and ONE have ordered 12 ultra large container ships, all of which will be able to carry more than 23,500 TEUs.
2000: UPS Airlines has signed an agreement with Boeing Co. to take delivery of 13 MD-11 widebody freighters over the next four years.
The United Arab Emirates has its first doses of Pfizer coronavirus vaccine thanks to a free delivery from national airline Emirates.
Top 10 lists dominate the end of any year. American Shipper’s Top 10 stories list is voted on throughout the year by readers simply by reading our stories on americanshipper.com. Here are the stories you read the most in 2020.
Canada now has two COVID-19 vaccines in circulation. FedEx Express flew in the first shipment from Europe on Thursday.
Drugs valued at more than $411 million are offloaded at Port Everglades, and the new Long Beach bridge shines bright.
Now-pardoned California Republican Duncan Hunter pleaded guilty to misusing campaign funds.
Many transport providers besides FedEx and UPS are performing roles in the COVID vaccine distribution. Not everyone is moving vaccines. Find out what Air Transport International is doing.
Port Houston will be the first U.S. port of call in THE Alliance’s new direct Asia service. The trans-Pacific EC6 service will begin in Kaohsiung, China, and reach the U.S. […]
More than $32 million worth of fake Viagra pills, knockoff Air Jordans and other counterfeit products were found in shipments arriving from China, authorities said.
Coronavirus vaccines require extreme levels of protection from organized crime organizations, nation states and others looking to steal shipments or valuable data. The U.S. government is stepping in with extra help for industry, including escorts by U.S. marshals.
With vaccines in tow, the transportation industry will deliver a lot of much-needed holiday cheer over the next few weeks.
Chances slim for 2021 shipping equity offerings, but a container-liner IPO prospect remains on the table.
Xwing, not X-Men. When you need to pay the bills, you do what Xwing did: Skip the fancy technology and put a pilot in the plane to ferry COVID vaccines to needy areas.
A Water Resources Development Act bill passed by Congress allows millions to be spent on harbor maintenance.
Container imports far exceed sales, raising concerns that 2020’s transport binge could lead to a big headache in 2021.
“Sharing this information is highly beneficial for the supply chain, especially as we cope with both seasonal and unanticipated peaks and valleys in cargo volume,” says Executive Director Mario Cordero.
The Agriculture Transportation Coalition is grateful to the Federal Maritime Commission for its support of American shippers.
AIT Worldwide Logistics is expanding its international footprint with the purchase of a German freight forwarder.
Paul Brady succeeds company founder Mitch Weseley.
The Defense Logistics Agency is the military’s in-house logistics management provider. It has its ducks in a row to receive new coronavirus vaccines.
Pilots and air traffic controllers can take both new coronavirus vaccines under new guidance from the Federal Aviation Administration.
The airfreight division of Swiss International Air Lines moved a big load of Chinese-made vaccine to Brazil on a passenger flight.
Digital marketplaces are becoming more popular in the air cargo world. Investors like what they see at cargo.one and poured $42 million into the company.
Will your cargo ship arrive on time? Globally, the chances are now 50-50. In the Asia-U.S. container trade, it’s less than one in three.
Operation Warp Speed and the delivery of the Pfizer COVID vaccine are clicking on all cylinders, but that doesn’t mean production and distribution are going perfectly.
FedEx Express and TNT Express are integrating. They will continue to outsource airfreight to Qantas under a new deal.
Allegations of service and rate violations ocean carriers against U.S. exporters are increasing, according to FMC commissioners.
Container flows into U.S. ports have grown faster over the past three months than they have at any other time in the past decade.
Delta joins the caravan of airlines moving COVID vaccines. Air Canada gets ready.
Removal of dislodged containers is expected to take more than a month, and none of the 1,816 units that fell into the Pacific have been recovered.
The dry ice shortage that many feared would crimp the ability to ship COVID-19 vaccines turned out to be a Y2K event.
FedEx is renewing its regional fleet with a cargo-friendly turboprop from ATR.
“In November, 50 of the 88 vessels coming to Los Angeles first went to anchor and averaged two and a half days there.”
Distribution of coronavirus vaccines isn’t limited to FedEx and UPS. Many freight transportation and logistics companies are already playing a large role in the global immunization campaign.
Vaccine distribution won’t delay deliveries of your Honey Baked Ham and toilet paper, says CNBC’s Lori Ann LaRocco.
The Port of Los Angeles is still working to get toys to retailers’ shelves in time for Christmas.
Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards and leasing companies?
American Airlines is moving a Pfizer vaccine shipment from Chicago to a Caribbean island via Miami.
The distribution of COVID-19 vaccines is finally a reality, but it’s a carefully orchestrated process among the federal government, the manufacturer, a major health care distributor and FedEx and UPS.
A UPS plane delivers Canada’s first shipment of Pfizer-BioNTech COVID-19 vaccines as national rollout begins.
Gerald R. Ford International Airport in Grand Rapids, Michigan, could play an active role in the U.S. and worldwide distribution of COVID-19 vaccine because it is the closest commercial airport […]
FedEx Express (NYSE: FDX) and UPS (NYSE: UPS) trucks departed Pfizer Inc.’s (NYSE: PFE) sprawling manufacturing facility in Portage, Michigan, on Sunday morning loaded with COVID-19 vaccines packed in dry […]
Airlines shed nearly 10% of their workforce in October.
Pilots could have violated their medical authorizations to fly if they took the COVID-19 vaccine on their own without permission. The FAA removed that issue and gave them permission Saturday.
Domestic express carriers spring into action, moving the first doses of COVID-19 vaccine to healthcare facilities.
Anticipation for the first COVID vaccine is about to be realized and with it a huge ground and air operation to immunize the world. ABI Research quantifies some of the transportation requirements.
The closure of the U.S. land borders with Canada and Mexico for nonessential travel will extend through Jan. 21, though commercial trucks remain exempt.
LATAM Airlines is offering to move domestic shipments of vaccines for free.
Nobody likes a line cutter, but when it comes to the rush delivery of COVID-19 vaccines, the Federal Aviation Administration is making an exception.
The more dry ice used to cool a pharmaceutical shipment, the less product that can be carried on a plane. That’s because dry ice is poisonous when it turns to gas. The FAA issued guidelines to help airlines manage the dry ice risk.
It’s not just container shipping that’s rolling in profits. LPG tanker rates are hitting new highs on Asian demand for U.S. propane.
