As war rages in Europe and the Middle East, a new flashpoint in South America could pose more complications for shipping.
Airbus beat out Boeing for Cathay Pacific’s order of new heavy freighters.
Next year, U.S. importers must navigate canal restrictions, diversions from the Red Sea, more canceled sailings and, possibly, a port strike.
DHL Express workers went on strike Thursday at the Cincinnati/Northern Kentucky Airport.
Imports have held up surprisingly well this year, but peak season’s end and canal restrictions are finally curbing volumes.
Reliable Robotics successfully tested its autopilot system with no one on board the Cessna cargo plane.
DHL Express says it has procedures to ensure there are no service disruptions if unionized ramp workers at its Cincinnati air hub go on strike.
Maritime security firm Ambrey has expanded an advisory to vessels in the Red Sea and Gulf of Aden, warning that rebels could be using outdated data to plan attacks.
U.S. crude exports have never been higher. Overseas buyers are incentivizing American producers to pump more “black gold.”
DHL Express announced high-level personnel changes in its global organization.
Commodity shipping has a well-deserved reputation for extreme volatility. The rise and expected fall in dry bulk is a case in point.
UPS will invest an undisclosed amount of money to build an ultra-modern air package hub at Hong Kong International Airport.
Maersk, the giant ocean shipping carrier, is testing a U.K. airport as a possible import base for its cargo airline.
Cargo airline Amerijet is operating fewer aircraft to conserve money as shipping demand from major customers shrinks.
Alaska Airlines will inherit a cargo business for Amazon as part of its acquisition of Hawaiian Airlines.
U.S. diesel exports to South America’s west coast are heavily exposed to Panama Canal delays. Tanker rates have skyrocketed.
With China knocked off its pedestal of reliable, cheap products, other countries have jumped in and seized on the weakness.
As the Panama Canal scales back on reservation slots, more ships without reservations wait longer to get through.
MSC, the world’s largest shipping line, faces the largest-ever shipper claim for alleged damages suffered during the supply chain crisis.
Atlas Air Worldwide on Tuesday announced the order of two 777 freighters from Boeing in response to strong demand for international e-commerce shipping, one of the few areas of strength […]
The White House recently publicized Flexport for facilitating purchases of sustainable aviation fuel because of the California connection to Asia-Pacific trade and sustainability, although the program isn’t particularly novel.
There has been a surge of attacks and threats targeting Israel-linked ships, including one incident where the U.S. Navy came to the rescue.
The Biden administration has announced a huge plan to tackle issues plaguing the U.S. supply chain that covers several cross-government partnerships.
Time is running out for container lines as contract rate renewal season nears and spot rates fail to recover.
Israeli cargo reservation platform Freightos is struggling to make money in a bad freight market and now faces the extra challenge of operating in the middle of a war zone.
Panama Canal restrictions force more ships to transit the Bab el-Mandeb Strait off Yemen, where they face a hijacking risk.
Air cargo demand has picked up after a long slide, but the busy season leading up to the holidays has been disappointing by historical standards.
Freight flows declined in Houston and Corpus Christi, Texas, in October, while container volumes rose at the Port of New Orleans.
Terminal operator ICTSI has not given up its quest for tens of millions in damages from the West Coast longshore union.
Despite a 22% volume decline year over year, the Port of Savannah had its fourth-busiest October, according to the Georgia Ports Authority.
The era of rapid Chinese growth and large-scale government intervention is over, says China Beige Book CEO Leland Miller.
Global Crossing Airlines, a 2-year-old hybrid carrier that provides supplemental airlift to customers that rent the entire plane, is taking a long-term view toward cargo expansion at a time when freight demand is very soft.
DHL Express has doubled the size of its Asia air hub in Hong Kong.
Zim’s headline loss looks ugly, but most of the decline was non-cash and it still has ample reserves to weather the downcycle.
U.S. cargo airline Amerijet accuses Korean Air of protectionism. Korean Air says Amerijet is trying to cover up the true nature of its relationship with Maersk Air Cargo because it violates air transport rules.
Cargo pilots at Air Transport International are frustrated by the pace of negotiations for a labor deal and ready to go on strike.
Project freight forwarder deugro has opened a container terminal in Baytown, Texas, along the Houston Ship Channel.
A fleet of container vessels is up for sale as a company backed by Greece’s Evangelos Marinakis switches its bets to LNG shipping.
CMA CGM, like many other carriers, is reporting serious revenue loss. The North America president and CEO goes into detail with American Shipper and explains why the company is investing in more physical infrastructure.
Freighter airline Cargojet announced that founder and CEO Ajay Virmani is leaving that role to be executive chairman, with two top lieutenants stepping in as co-CEOs.
Cargojet wants to dump eight aircraft that were part of of its growth strategy and postpone converting two more aircraft into cargo jets as the weak cargo market shrinks profit margins.
U.S. agribulk exports to Asia are taking the longer route via the Suez Canal due to Panama transit restrictions.
Cargo volumes are holding up, but rising transport capacity is outpacing demand, pushing container shipping rates even lower.
Air Transport Services Group is slowing investment in converted freighters as a weak shipping market leads cargo airlines to pause fleet expansion.
Containerized imports have rebounded strongly in 2023, with October volumes up 33% from February’s low.
Air Transport Services Group’s underperformance cost CEO Rich Corrado his job on Monday.
UPS has bought out a small contingent of senior pilots. An American Airlines regional partner is trying to attract them to fly small jets.
The union representing East and Gulf Coast dockworkers warned members to prepare for a possible strike starting Oct. 1, 2024.
FedEx pilots are experiencing significant pay decreases because there isn’t enough flying to go around. The company is pushing cockpit crews to take jobs at a regional passenger airline.
“This is not a diet. This is a resetting of the baseline,” said Maersk CEO Vincent Clerc on his company’s job cuts.
Trucks are featured heavily in projects reaping $653 million worth of port infrastructure grants announced Friday by the Biden administration.
Lufthansa Cargo didn’t make a profit in the third quarter as revenues fell more than 40% from last year.
The water crisis at the Panama Canal is getting worse and will force more ships to take much longer routes.
The freighter conversion business is slowing down, but there remains residual momentum from carriers such as IndiGo.
Profits being reported by container shipping lines are down from the stratosphere but many still surpass pre-COVID returns.
Air Canada said it is taking a slower approach to adding cargo jets because there isn’t enough demand now to justify the investment.
Now that port labor unrest is over, West Coast container terminals are starting to claw back some of their lost volumes.
Hawaiian Airlines is finally on its way to positive cash flow from its new Amazon Air contract after spending money to launch freighter operations.
A former senior executive at Polar Air Cargo pleaded guilty to corporate corruption and agreed to pay restitution of $9.3 million in addition to serving a potential jail sentence.
This is CargoX’s second sizable partnership aimed at bringing more efficient import and export practices to global markets.
Israel won’t be able to produce as many goods for its economy because of the war it is waging. Some logistics providers are increasing their capability to deliver imports to the country by air and ocean.
Cargo volumes showed mixed results for Gulf Coast ports in September, with Houston reporting container declines, New Orleans seeing gains and Corpus Christi getting a boost from crude oil shipments.
“The table is set to scale up as demand increases,” said Port of LA Executive Director Gene Seroka.
The semiconductor industry is a new vertical that logistics provider Kuehne+Nagel has identified as a growth area. Toward that end, it is using two large freighters it controls to transport shipments from Taiwan to Europe.
Amerijet, a mid-tier cargo airline based in Miami, is trying to block a startup operator of business jets owned by Korean Air from gaining flight access to the U.S. because it says the Korean flag carrier is undermining its expansion into Korea.
The first Airbus A321 converted freighter has been cleared by authorities to begin commercial service in China.
“We look forward to a moderate rebound in cargo volume through the end of the year,” said Port of Long Beach CEO Mario Cordero.
American Airlines Cargo had a disappointing, but expected, third quarter. Management says new aircraft and operational enhancements should help attract customers as the market improves.
Mega-forwarder Kuehne+Nagel is working with one of its top air logistics vendors to make airport cargo transfers faster.
Shippers aren’t paying freight forwarders because their cargo was delayed. Now those forwarders want Qantas Airways to eliminate their handling charges because of a self-inflicted operational breakdown.
United Airlines had a weak quarter for cargo revenue, but it’s on par with the rest of the industry.
Cosco earned more than $800 million in the third quarter, while one analyst expects Zim to lose more than $200 million.
Global Crossing Airlines is using its small regional jets to airlift aid to Israel. Other U.S. carriers are more cautious and have canceled flights to Israel until further notice.
A leading exec in liquefied gas shipping gives his take on war in the Middle East, market fundamentals and shipping stocks.
The air cargo market has pulled out of its 1.5-year dive, but analysts say don’t be deceived by the slight seasonal improvement. Real growth is many months away.
Flexport has elevated a new management team after getting rid of CEO Dave Clark last month.
Logistics provider Flexport is moving ahead with a second round of layoffs this year.
The volume of Russian crude exports is growing and the price is rising, spurring the U.S. and its partners to begin sanctions enforcement.
Delta Air Lines cargo revenue fell by more than a third in the third quarter, reflecting weak market conditions.
Geopolitics has always been a key driver of global shipping markets. How could the war in Israel affect rates?
Executives for shuttered logistics operator Tiger Cool Express have restarted an intermodal project in Washington state.
UPS has stopped flying to Israel while competitors DHL and FedEx have maintained air service to the country, which is at war.
“AI-powered insights help customers take informed action, like seeking alternative suppliers, tracing their raw materials, identifying potential geographic concentrations and targeting risky supplier networks,” says Altana Technologies’ Amy Morgan.
The traffic jam of freight at Qantas Airways facilities in Australia is slowly abating as the airline makes efforts to remediate problems caused by a new cargo system.
Peak season demand propelled imports higher in September, although softening spot rates point to a fourth-quarter slowdown.
FedEx and UPS have paused flights to Israel, while DHL continues to operate to the capital city of Tel Aviv.
U.S. freighter lessor ATSG makes its first sale in Bangladesh.
On Friday, Unite the Union announced it registered a dispute over the increased medical standards on maritime pilots in the U.K.
International freight forwarder Flexport is undertaking a second round of mass layoffs this year.
Qantas Freight is still scrambling to recover from an IT meltdown that has gummed up its air cargo network.
Amazon has added the first of 10 Airbus A330 freighters to its fleet.
Tanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to privatization.
A FedEx cargo airplane made a hard landing in Chattanooga, Tennessee, after a landing gear failure.
Qantas’ freight division had trouble smoothly deploying a new cargo reservation system and shippers are livid about lengthy delays moving their goods.
Azerbaijan cargo airline Silk Way West took delivery of its first Boeing 777 freighter.
Investors have been burned for years by dilutive share offerings by micro-cap shipowners. Backlash is building.
Amazon Air is downsizing operations at Leipzig/Halle International Airport.
Tim Strauss has transformed Amerijet into a competitive, midtier cargo airline, but it hasn’t been easy. On Tuesday, Strauss resigned.
Investment firm Oaktree Capital Management has acquired Consolidated Chassis Management as the intermodal equipment provider becomes the sole manager of a new pool.
The Chapter 11 filing of the ILWU dockworkers union dates back to a dispute over two electrician jobs in Oregon a decade ago.
