American Shipper

Amid waning revenue, Amerijet is laying off 15 workers after signing an expensive contract with its pilots.

Declining demand for Chinese exports and reduced stimulus options threaten bulk commodity import prospects.

Western Global Airlines appears to be winding down operations for a potential bankruptcy.

A developer has completed a sophisticated cargo terminal at Chicago O’Hare airport. The tenant has moved in. But cargo planes can’t pull up to load and unload because of construction delays for a new taxiway.

The Wagner mutiny is drawing attention to what happens after the war in Ukraine ends. When it does, shipping will see major changes.

The Port of Cleveland thinks it has the capabilities to grow its footprint.

Concerns over highly dilutive share offerings by microcap shipowners have been building for years. The debate just intensified.

ASL Airlines United Kingdom has two cargo planes in its fleet after receiving a Boeing 737-800 converted freighter.

Companies and governments are moving to de-risk their supply chains, says CNN and Financial Times economics expert Rana Foroohar.

FedEx is downsizing its fleet again during the next 12 months to match weak international and domestic package shipping demand, and save money.

The logistics pipeline is a tea leaf forecasting China’s economy and the flow of freight tells investors the bottom line of logistics companies.

Trans-Pacific spot shipping rates remain under pressure, slumping back again as U.S. import demand comes up short.

A bad pilot decision at the outset of an emergency on a Transair freighter cascaded into more mistakes that resulted in a crash landing at sea off Hawaii two years ago, investigators said.

The first order for cargo jets at the Paris Air Show only involved two planes and is for converted, not new production, freighters.

The International Energy Agency predicts Asia will buy growing volumes of U.S. crude through 2028. That’s good news for supertanker demand.

U.S. law protects American carriers from foreign competition on domestic routes. Two carriers want the government to give them first crack at contracts to fly disaster relief to Guam.

The U.S. supply chain has dodged a bullet. A new dockworker labor deal will keep the peace at West Coast ports.

Cargo airlines and third-party logistics providers are crossing their fingers for a resurgence of air shipments by October. But indications are increasing that the peak season may go out with a whimper.

“Patience is wearing thin. Neither side imagined it would take this long,” says the head of the Port of LA on dockworker contract talks.

The board of the FedEx pilots union has endorsed a contract agreement and sent it to members for an up-or-down vote.

Mainstream European tanker owners that are willing to load Russian oil are far outperforming the broader market.

Alliance Ground International is on an acquisition spree that aims to take it from a midsize domestic ground handler to a global service provider at airports around the world.

An unprecedented level of caution among importers likely to cause further declines in import volumes.

Busy Amsterdam airport in the Netherlands is taking a large stake in Maastricht airport, which could become a feeder port as Amsterdam deals with overcrowding.

This year’s peak season could see West Coast labor disruptions coincide with Panama Canal water levels impeding cargo flows to the East Coast.

Instead of carrying dead weight to help balance its empty freighters, Alaska Air Cargo is taking waste that will go to a recycling center.

Labor disruptions are slowing down ports in the Pacific Northwest as labor negotiations continue.

Dockworkers who keep West Coast cargo flowing are highly paid. Their bid for even higher pay is starting to affect the cargo flow.

Lufthansa Cargo’s planned investment in Italy’s ITA Airways will allow the airlines to harmonize cargo operations.

The Mexican government is offering incentives to attract investors to the Isthmus of Tehuantepec global trade hub project.

IATA forecast suggests weak airfreight demand will continue without peak-season rebound

Demand remains tepid, yet shipping lines have pushed spot rates off the bottom and secured contract rates above spot levels.

The dockworkers’ union and terminal employers are still sparring over wages and benefits more than a year after contract talks began.

Five years after bringing dry bulk freight futures to the masses, Breakwave makes a splash in tanker investing.

Older ships are being kept in service longer in pursuit of profits, heightening the risk of accidents and spills.

FedEx flight reductions reflect a significant drop in parcel traffic, throwing a wrench into management’s earnings expectations in the just-completed fourth quarter.

Further downside risks to the U.S. economy are increasing the odds of a further decline in containerized import volumes.

Shippers will be able to place lots of freight on widebody jets British Airways will start flying to Cincinnati/Northern Kentucky International Airport from London.

Despite a slow Memorial Day start, summer demand is expected to hike tanker rates in the months ahead.

Analyzing back-to-school volumes can give you insight into retailer expectations and impacts on container trade.

The Port of Corpus Christi has named Kent Britton interim CEO to lead the South Texas port until a permanent chief executive is found.

FedEx has prevented a potential strike by its pilots by agreeing to a contract that still must be approved by members of the pilots union.

U.S. and EU antitrust authorities are worried about reduced cargo competition from a merger between South Korea’s top airlines.

FedEx Express is quadrupling throughput at one of its airport gateways in Australia.

Birmingham-Shuttlesworth airport is building a 53,000-square-foot airside transfer center for freight company Kuehne+Nagel.

Back-to-school season is near, and planning is underway among shippers and logistics companies.

“Investors have shifted from a growth-at-all-costs mindset to focus on the path to profitability and scalable growth. No startup, not even the rocket ships of logistics technology, will be immune to these trends,” says project44 founder and CEO Jett McCandless.

Container volume at ports in Houston and New Orleans fell in April, while Corpus Christi was bolstered by crude oil exports.

Not all cargo markets are back to pre-COVID “normal.” Container shipping rates to South America remain elevated.

Freightos, an online reservation portal for freight shippers, is adding users, but heavy development costs and a weak shipping market make it difficult for the startup to reduce losses.

Large liquefied petroleum gas tankers are riding high on rising U.S. exports and higher Chinese import demand.

Southern Companies provides drayage services at seven Southeast ports.

More signs are surfacing that the second half of the year won’t be a panacea to the international freight recession. Seko Logistics says there won’t be a surge in orders that fuels transportation spending.

Bed Bath & Beyond “failed to manage its own supply chain” and “exacerbated the bottlenecks faced by other shippers,” alleges OOCL.

Zim outperformed competitors on the way up and is falling faster than other carriers on the way down.

“We want [global shipping] to be self-explanatory, easy to navigate and easy for you to find the answer you are looking for,” says Maja Bernstein, vice president of industry relations at Fluent Cargo.

The airline subsidiary of ocean carrier CMA CGM has backed out of the U.S. market for the second time in six months.

The outsourced logistics arm of FedEx is opening up the way it shares data on electronic bookings for air cargo with a major customer.

Trans-Pacific spot rates have pared earlier gains and remain at loss-making levels. Demand has yet to rebound.

There’s plenty of cargo news in Canada with WestJet avoiding a pilots strike and Air Canada expanding its freighter network to Costa Rica.

Flexport has taken another step toward simplifying international freight transportation from manufacturing to e-commerce storefront.

CMA CGM Air Cargo is trying to find its footing as a new airline. It has begun flying to India instead of the U.S.

Cargo shipments will cease on Friday as WestJet pilots walk off the job. The airline is trying to avoid a chaotic situation by taking down aircraft ahead of the deadline.

Port CEO’s resignation came a day after a story aired on a local TV station about his alleged excessive expenditures.

Europe faced a potentially disastrous energy shortage after war broke out. LNG shipping played a vital role in limiting the fallout.

DHL Air Austria will operate a mixed fleet of Boeing freighters in the fall and is seeking permission to fly new 767s to the U.S. so it has that option in the future.

FedEx pilots say they are willing to go on strike, if necessary.

Airbus has reached another milestone with its young A330 passenger-to-freighter program.

Outsize profits are still flowing to companies like Danaos and Costamare that lease ships to container lines.

WestJet Cargo finally got airborne last month after nearly a year of unexpected delays and now faces a shutdown by week’s end because of a labor dispute.

Amerijet, a mid-tier cargo airline with growth ambitions, has struck a tentative deal with pilots for a new contract.

The container shipping party is over — that’s old news. Yet headlines continue to focus on comparisons to the peak.

If you’ve never heard of Phoenix-Mesa Gateway Airport, you’re not alone. But for DSV, a large logistics company, it could prove a diamond in the rough for air cargo purposes.

Recovery from the recession in airfreight transportation looks like it will be drawn out over the next year — and very slight when it does happen.

Nippon Express has signed a deal with Austria’s Cargo-Partner that expands its geographic reach and logistics service capabilities.

DHL Global Forwarding will offer its first temperature-controlled service between Indianapolis and Europe.

All airlines are experiencing lower cargo revenue, but Air Canada lagged most competitors during the first quarter for reasons both unique to the airline and common for the industry.

A group representing the nation’s largest container ports contends lawmakers are misleading the public with a bill targeting Chinese-made container cranes.

The CEO of shipping line Hapag-Lloyd argues that current freight rates are unsustainable and will correct upward over time.

Canadian Pacific Kansas City is building its intermodal service between points in the U.S. Midwest and Mexico, announcing a new daily service that aims to take away market share from trucks.

Is the sharp decline in shipping stocks a canary in the coal mine or an opportunity for investors to buy the dip?

The 14,000-TEU One Stork on Tuesday became the largest container ship to call Jacksonville, Florida.

Japan Airlines is joining a group of passenger airlines that are starting all-cargo operations.

MSC Air Cargo, the airfreight arm of Mediterranean Shipping Co., has named ECS Group to handle functions in two major markets.

Emirates SkyCargo is going back to the future by deploying Boeing 747-400 freighters for the first time in more than five years.

America’s imports are not signaling a recession, at least not yet. Inbound volumes are rising from the bottom.

Amazon air cargo partner ATSG has its eye on long-term growth, but investors with a shorter horizon are wary of big expenditures for cargo jets as shipping demand wanes.

The war has stoked fears of global shortfalls of wheat, corn and fertilizers, but the flexibility of shipping trades has limited the risk.

Shippers want Congress to expand FMC’s power over rail storage fees, but shipping lines say the power is already in the hands of the STB.

Airbus has delayed the entry into service of the firstA350 freighter until 2026.

Two top executives at Altas Air are retiring in their 50s. The cargo airline named Michael Steen as its CEO.

Inventory destocking is the biggest container shipping headwind, says Maersk. Its data shows no evidence of inventory pressures alleviating yet.

Privately held logistics provider Flexport is acquiring the logistics assets of Shopify to provide complete order management and final-mile delivery services for customers.

Korean Air and Lufthansa Cargo saw cargo revenues shrink substantially during the first quarter amid weak economic conditions.

Canadian air cargo company Cargojet is searching under every rock for savings to maintain profit levels as shipping demand deteriorates.

Maritime and logistics services company Crowley and Canadian railway CN have joined in a new service that will connect Canada, the Midwest and the Gulf Coast of Mexico.

The price of crude oil is now lower than it was when OPEC announced its latest cuts, fueling more concern on tanker demand.

Two of the world’s largest third-party logistics providers consider the glass half-full despite a substantial drop in profits.

Bed Bath & Beyond got pummeled by the supply chain crisis. The company is now targeting shipping lines for allegedly compounding its woes.

Etihad Airways in Abu Dhabi and SF Airlines in China are helping each other expand globally by providing ground services for the other at their main freighter hubs.