Rock-it Global is the first company in the U.S. to generate a digital passport for goods, which simplifies customs entry for products that aren’t intended to be sold in the destination country.
Dockworkers are fully prepared to swap pallet jacks for picket signs come October.
Documentation and fintech platform ODeX conducted a survey assessing the maritime industry’s views on digital documentation in ocean shipping.
Regulators have imposed new billing standards on ocean carriers that shippers consider a “major step” toward eliminating abuse.
The U.S. Postal Service contract is an albatross around FedEx’s neck. The company needs to fly less during the daytime and consolidate more express and ground parcel shipments, Barclays says.
Georgia Ports Authority said it handled 428,000 containers and 65,400 roll-on, roll-off units in January.
Following 15 months of challenges, U.S. ports are once again experiencing substantial growth in inbound containers.
New cyber-risk requirements for container terminal owners and operators are part of a major maritime cybersecurity initiative announced by the White House.
Newbie airline Starlux in Taiwan has signed with Airbus for five large A350 freighters, an aircraft that is still under development.
Expeditors makes less money than it did five years ago.
With the addition of two secondhand Boeing 737-800 freighters, Kenya Airways Cargo is more than doubling capacity and extending its reach to the Middle East and India.
Teamsters Canada said negotiations with Canadian National Railway Co. and Canadian Pacific Kansas City have stalled over issues of pay and working conditions.
Spot-exposed carriers are likely to see a boost to their Q1 2024 financials.
The Airforwarders Association has begun to collaborate more with international counterparts and moved the date of its annual event away from Super Bowl Sunday.
A recent string of Houthi attacks have reignited concerns about the Red Sea crisis, raising the floor for tanker rates.
The Georgia Ports Authority sets export record in 2023; the Alabama Port Authority and CSX partner to launch an intermodal facility; and the Port of Cleveland receives $32 million for upgrades.
The downward slope in cargo revenue at Air Canada began to level out during the fourth quarter, and management is optimistic 2024 will be better for airfreight than last year.
The crisis in the Red Sea will require companies to start planning for peak season in the next few months.
UPS is rationalizing its air network as demand falls, but it is still adding aircraft when it makes sense.
Port director Gene Seroka cited replenishing inventory and consumer spending as drivers of growth.
Alaska Air Cargo will debut its second Boeing 737-800 freighters next month, opening the door for the first all-cargo service between Alaska and Los Angeles.
Angela Chao, CEO of global shipping firm Foremost Group and Mitch McConnell’s sister-in-law, died in a car accident.
How do you spend $41 billion without buying more ships?
Despite concerns about the impact of international tensions on global trade, shipyards are flooded with orders.
A rise in Chinese imports indicates seasonal trends are playing out as usual, very much unlike 2023’s anemic performance.
The air cargo market has certainly turned around from the depths of last summer, but the extraordinary increase in January volumes should be taken with a grain of salt. Conditions are improving, but short-term factors inflated the January numbers.
An Atlas Air freighter had an engine inspection four days before an engine fire forced an emergency landing, the NTSB said on Friday.
Hopes for a significant rebound in Panama Canal water levels to boost throughput will likely be met with a harsh reality over the next few months.
Two of Lufthansa Cargo’s smaller freighters are out of service because of maintenance and supply chain challenges.
Tankers and bulk vessels continue to avoid conflict in the Red Sea, at increasing rates, according to new data from Lloyd’s List Intelligence.
Lower inventories in the U.S. are pulling freight into the country.
Georgia Ports Authority announced plans to construct a $29 million overpass to keep trucks away from neighborhoods in Savannah.
As a new carrier facing growing pains, Global Crossing Airlines (GlobalX) is doubling down on its passenger business and slowing expansion in cargo.
If the Fed is deterred from cutting interest rates, freight demand could tumble just as carriers start regaining pricing power.
Pilots at Air Transport International say the parent company wants to prolong contract talks for another two years so it can synchronize a labor deal with a new Amazon transportation services agreement. Meanwhile, the company is having a difficult time retaining experienced pilots.
A recent round of U.S. and British strikes raise fresh questions about the impact of container shipping in the Red Sea.
Seacor Holdings continues to pare down its shipping sector assets, most recently selling off its Caribbean container business.
FedEx has more cargo jets than it needs for its express package network. Some of those planes will now be used to try and capture a larger share of the general cargo market. In doing so, FedEx will go head to head with all-cargo carriers like Atlas Air, Cathay Pacific and Nippon Cargo Airlines.
Houthi attacks and Red Sea diversions will not spur inflation or a new supply chain crisis, claims consultancy Drewry.
Retailers and ocean carriers assess the possible effects in the U.S. if supply chain disruptions in the Middle East continue.
Supply chain visibility provider Vizion is partnering with D&B to launch its new solution, TradeView.
The Russia-Ukraine war led to enduring changes in shipping routes. War in the Middle East looks likely to do the same.
Ports in Corpus Christi, Texas, and New Orleans recorded year-over-year increases in cargo volumes, while Port Houston saw a slight decline in 2023.
Spot rates remain very high, but appear to have plateaued. The question ahead: Will they fall back after Chinese New Year?
Six people have pleaded guilty so far in a federal fraud case involving former executives at Polar Air Cargo, customers and service providers.
American Airlines’ cargo results in the fourth quarter were lackluster considering the industry experienced a mini-renaissance after hitting bottom in the summer of 2023.
The air cargo industry finished 2023 on a high note and is getting an extra boost from the Red Sea shock as shippers divert ocean freight to keep their supply chains fluid.
The initial effect of Houthi attacks was on containerized consumer goods. The attacks are now snarling seaborne fuel flows.
The Port of New Orleans has received a $226 million federal grant to complete the $1.8 billion Louisiana International Terminal on the lower Mississippi.
China Cargo Airlines has delayed the start of its inaugural freighter service to Miami for undisclosed reasons.
United Airlines said Monday that fourth-quarter cargo results were half as bad as for the full year.
Amid the focus on wars in Europe and the Middle East, North Korea’s threat to key exporting and shipbuilding nations grows.
Monthly canal transits are now much lower than they were in 2015, the year before the Neopanamax locks went into operation.
Container lines faced overcapacity and huge losses in 2024. Then the Houthis flipped the market in favor of container lines.
Cargolux is investing in aircraft to fight wildfires, a completely new line of business for the freighter operator.
Container-ship diversions from the Red Sea will likely last for months. Are large-scale tanker diversions imminent?
Air France-KLM and ocean shipping power CMA CGM, citing regulatory challenges in various nations, have agreed to discontinue their air cargo capacity-sharing agreement one year into a 10-year partnership, the […]
APM Terminals announced a deal with Plaquemines Port to build a $500 million container terminal near the Port of New Orleans on the Mississippi River.
Cargojet says there isn’t enough airfreight business to justify its planned investment in 777 converted freighters. It wants to get out of its commitments, most likely by selling the aircraft to another company.
Houthi attacks have been a plus for shipping rates. The latest to benefit: Owners of container vessels that can be rented to shipping lines.
Delta Air Lines’ cargo business saw some improvement during the fourth quarter, but the overall enterprise performed very well, according to results released on Friday.
Maersk has opted to bypass the drought-stricken Panama Canal and use rail to transport cargo across Panama.
New owners have taken control of troubled Amerijet, which is scuttling several aircraft leases and laying off more workers to preserve cash.
The upsurge in rates due to ship diversions did not come soon enough to rescue container lines’ fourth-quarter results.
Red Sea escalation would juice tanker rates, but rates would fall if the conflict spilled into the Strait of Hormuz.
U.S. imports kept chugging along, despite all the talk of supply chain problems due to Red Sea attacks and Panama’s drought.
FedEx Express faces more headwinds in its effort to improve profitability as the U.S. Postal Service prepares to drop air routes from contracted service.
The conflict in the Middle East may have late-year implications for the domestic transportation market.
The combination of Red Sea detours and Panama Canal restrictions is having a knock-on effect: higher Asia-West Coast rates.
FedEx Express wants to compensate for a surplus of pilots by lowering guaranteed pay and offering severance packages once a new labor contract is reached. Meanwhile, mechanics are agitating to unionize.
White House spokesman John Kirby said shipping risks caused by the Middle East conflict could become a “pocketbook” issue for Americans.
Genesee & Wyoming announced a partnership with Grupo Mexico to expand rail car-ferry service between ports in the U.S. and Mexico.
Imports to Europe and the U.S. East Coast face heavy delays as Operation Prosperity Guardian fails to bring shipping back to the Red Sea.
Tanker stocks rose as expected in 2023, container shipping shares surprised to the upside, and dry bulk stocks lagged the pack.
2023 was a tumultuous year for airfreight. The downturn in business put pressure on the industry, but the year ended with some optimism.
Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.
Ocean shipping kept the world’s cargo flowing amid two wars and disruptions at both the Panama and Suez canals.
The key question for container shipping rates: How soon can Operation Prosperity Guardian woo traffic back to the Red Sea?
Japan Airlines is restarting its freighter division after 13 years and will fly three 767s exclusively for DHL.
Importers and exporters are looking to air cargo as a way to bypass the dangerous Red Sea and minimize supply chain disruptions.
Mexican officials recently approved a $5 charge on containers moving through the Port of Ensenada.
The Port of New Orleans is receiving a $73.77 million federal grant to assist in building the $1.8 billion Louisiana International Terminal.
The Winnipeg Airport Authority is ready to begin the next phase of its cargo expansion and modernization project with an investment from the Canadian government.
DHL ground support workers at the company’s Cincinnati airport hub ended their strike after an agreement on a new contract.
Cargo volumes were a mixed bag at Gulf Coast ports in November, with Houston reporting declines and New Orleans and Corpus Christi seeing gains.
A new owner sees air cargo potential for underutilized property at Calgary airport in Alberta, Canada.
Multimodal freight office leader Allison Camden has high expectations now that freight “has a seat at the table.”
A growing number of ship operators are refusing to transit the Red Sea and taking a very long detour around Africa instead.
It is unclear whether the reduction in emissions is a result of a genuine effort to mitigate environmental impact or a consequence of market dynamics.
Air China Cargo is adding Airbus freighters to its fleet after previously operating Boeing jets.
Container-ship route diversions — first to avoid the Panama Canal, now to avoid Red Sea chaos — could help offset rate pressure from newbuilding deliveries.
Striking airport workers at the DHL Express hub outside Cincinnati have picked up support from union members around the country, slowing customer shipments.
Turkish Airlines said it plans to buy five large freighters from Airbus.
Spain-based Swiftair plans to lease a couple Airbus A321 modified cargo jets next year.
After two consecutive years of negative growth, air cargo is shaping up for a rebound in 2024, according to the International Air Transport Association and industry experts.
Panama’s drought initially affected transits through the smaller locks. The pain has now spread to the larger Neopanamax locks.
The threat to global shipping has grown following a Tuesday attack against a commercial vessel in the Red Sea with no apparent ties to Israel.
Greg Miller of FreightWaves took a top prize at this year’s Seahorse Awards for his coverage of how geopolitics intersects with shipping.
Western Global Airlines is starting with a clean slate after completing Chapter 11 bankruptcy, but still faces difficult market conditions.
As war rages in Europe and the Middle East, a new flashpoint in South America could pose more complications for shipping.
