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Wednesday, August 10, 2022

HMM cautious in short term despite Q2 profit long jump

South Korean ocean carrier HMM expects “downward pressure” on demand growth in the second half of 2022.

Wednesday, August 10, 2022

DB Schenker taps Latam Cargo for dedicated South America air service

Latam Airlines’ cargo division has expanded its European service, including a dedicated charter flown for logistics provider DB Schenker.

Wednesday, August 10, 2022

Tanker shipping stocks pull away from the pack, hitting fresh highs

Tankers stocks are doing great. Dry bulk and container stocks temporarily stopped the bleeding. “Maxim stocks” still underperform.

More American Shipper Headlines

A teal-colored Vietnam Airlines jet lifts off from runway.

Tuesday, August 9, 2022

Vietnam Airlines to start freighter unit, convert A321s to cargo jets

An aerial photograph of a berth at the Port of Savannah.

Tuesday, August 9, 2022

July volumes at Georgia Ports Authority climb 18%

Computer-generated image of a bright yellow cargo jet with Mercado Libre branding against a blazing sun backdrop.

Tuesday, August 9, 2022

Mercado Libre’s new S. American air cargo network mirrors Amazon model

A photo of a container ship; rates remain high

Monday, August 8, 2022

No precipitous plunge in container shipping rates, just ‘orderly’ decline

Maritime

Regulatory Agencies
John GallagherWednesday, August 10, 2022
Freight companies begin sharing capacity data with feds
DOT officials are calling the start of data sharing among supply chain companies a ‘milestone’…
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Monday, August 8, 2022
Performance Team breaks ground on South Carolina cold chain facility
Friday, August 5, 2022
War effect on crude trade: Long-lasting and just beginning
Thursday, August 4, 2022
FMC wants ocean carriers to pay for container storage
Thursday, August 4, 2022
New speed rules proposed to prevent whale strikes: Will vessels comply?

Container News

Maritime
Greg MillerWednesday, August 3, 2022
Saber-rattling in Taiwan Strait stokes new supply chain threat
Chinese military exercises in the Taiwan Strait will delay shipments. Further escalation could have dramatic…
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Wednesday, August 3, 2022
Rail and port labor issues adding to supply chain misery, expert says
Wednesday, August 3, 2022
Maersk: Shipping profits stay ‘super strong’ as supply chain pain persists
Thursday, July 28, 2022
Record container ship traffic jam as backlog continues to build
Thursday, July 28, 2022
BNSF, Northwest Seaport Alliance partner on Port of Tacoma rail hub

American Shipper Infographics

Infographics
Brandon CafferkyTuesday, August 2, 2022
FBX Report: August 02, 2022
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40' containers.
Read More »

Most Popular American Shipper Articles

Air Cargo
Eric KulischFriday, August 5, 2022
Cargo carries Lufthansa Group to 1st profit since pandemic
Record results by the cargo division pulled Deutsche Lufthansa AG to profit in the second quarter for the first time…
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Air Cargo
Eric KulischThursday, August 4, 2022
ATSG keeps growing freighter fleet with e-commerce profits
Air Transport Services Group rode the e-commerce wave to another profitable quarter.
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Air Cargo
Eric KulischThursday, August 4, 2022
Apollo-led investors acquire cargo airline Atlas Air for $5.2B
Atlas Air reported strong second-quarter earnings while announcing it is being bought by an investment consortium for $5.2 billion.
Read More »
Air Cargo
Eric KulischWednesday, August 3, 2022
US moves to confiscate Venezuelan 747 cargo jet with Iran ties
The U.S. is enforcing sanctions against Iran and Venezuela through seizure action on a 747 cargo jet.
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Trade Compliance

FreightWaves Classics
Scott MallMonday, July 25, 2022
FreightWaves Classics/ Infrastructure: Blue Water Bridge is a key US-Canada crossing
FreightWaves Classics profiles the Blue Water Bridge, one of the crossing routes between the U.S. and Canada.
Read More »
Tuesday, June 21, 2022
A potential economic recession and the supply chain bullwhip are colliding
Friday, May 27, 2022
Bubs baby formula from Australia gets FDA import approval
Friday, May 27, 2022
FDA authorizes more baby formula imports as air cargo pipeline grows
Wednesday, May 18, 2022
Supply chains are never returning to ‘normal’

Infrastructure

FreightWaves Classics
Scott MallWednesday, August 10, 2022
FreightWaves Classics/ Infrastructure: Tilikum Crossing, Bridge of the People opens in Portland, Oregon
FreightWaves Classics profiles Tilikum Crossing, Bridge of the People, in Portland, Oregon.
Read More »
Friday, August 5, 2022
Truck Tech: Summer reading edition
Wednesday, August 3, 2022
FreightWaves Classics/ Infrastructure: Ballard Locks turn 106 today!
Tuesday, August 2, 2022
FreightWaves Classics/ Infrastructure: General locations of first interstates announced in 1947
Monday, August 1, 2022
FreightWaves Classics/ Infrastructure: Chesapeake Bay Bridge is 70 years old

Shipping + Maritime

Maritime
John GallagherTuesday, August 2, 2022
Billions in port grants rolled into Democrats’ inflation bill
The Democrats’ inflation bill pares down ‘Build Back Better’ but includes $3 billion to help ports and terminals cut pollution.
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Tuesday, August 2, 2022
Expeditors’ volumes down, costs up but so are profits in Q2
Thursday, July 28, 2022
Container shipping boom continues: Hapag-Lloyd hikes outlook (again)
Wednesday, July 27, 2022
Gulftainer ‘on course for major growth’
Tuesday, July 26, 2022
Texas ports report record-breaking container, crude oil volumes

Shipper's Perspective

FreightWaves Classics
Scott MallTuesday, January 18, 2022
FreightWaves Classics: Shipping line brought fresh fruit to the Northeast in the late 1800s
FreightWaves Classics profiles the Boston Fruit Company, which imported fruit into the U.S. during the late 1800s.
Read More »
Tuesday, July 13, 2021
2021 Shipper of Choice profile: The Home Depot
Monday, March 15, 2021
FreightWaves launches SONAR SCI Lane Acuity
Tuesday, May 12, 2020
Commentary: How are freight professionals adjusting to COVID-19?
Wednesday, February 19, 2020
Download: Quarterly Shipper Rate Report

Air Cargo

News
Mark SolomonTuesday, August 9, 2022
UPS to reduce surcharges on certain international services
UPS is cutting levies on heavier-weighted shipments out of Asia and the South Pacific.
Read More »
Wednesday, August 3, 2022
Etihad upgrades cargo capacity with order for 7 Airbus A350 freighters
Wednesday, August 3, 2022
Why Atlas Air has become tempting takeover target for investors
Tuesday, August 2, 2022
UPS again named world’s most valuable logistics brand
Friday, July 29, 2022
More passenger routes help sustain IAG’s Q2 air cargo revenues

Fuel

Fuel
John KingstonMonday, August 8, 2022
EIA: $5 bill, on average, can get you a gallon of diesel fuel
The weekly DOE/EIA diesel price has dropped below $5 per gallon for the first time since March.
Read More »
Friday, August 5, 2022
Drilling Deep: A turnaround coming in diesel?
Thursday, August 4, 2022
Sorry! Diesel prices are likely to climb again soon
Wednesday, August 3, 2022
Fleetcor’s momentum continues through second quarter
Monday, August 1, 2022
Benchmark diesel price declines again, nears April level

Rail

Rail
Joanna MarshWednesday, August 10, 2022
CSX, NS and port push to keep Amtrak proceeding on track
Recent filings to the board from various parties focus on wo bears the burden to show if or how Amtrak…
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Rail
Joanna MarshTuesday, August 9, 2022
FreightCar America sees benefit in tight rail car supply, better rail service
Despite economic headwinds, the rail car manufacturing market will find support in the second half of 2022 amid tight rail…
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Rail
Joanna MarshMonday, August 8, 2022
Patriot Rail to acquire fellow short-line railroad Pioneer Lines
Florida-based Patriot Rail plans to acquire Denver-based Pioneer Lines. Both companies operate short-line railroads in multiple states.
Read More »
Rail
Joanna MarshMonday, August 8, 2022
BNSF Q2 net profit up 10% amid 15% increase in freight revenues
Despite lower volumes in BNSF’s consumer, agricultural, industrial and coal segments, the railroad’s freight revenue rose to nearly $6.3 billion…
Read More »
Rail
Joanna MarshMonday, August 8, 2022
STB: Train noise could be biggest environmental impact from CP-KCS merger
The Surface Transportation Board’s Office of Environmental Analysis studied the potential environmental impacts resulting from a merger between Canadian Pacific…
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Rail
Joanna MarshMonday, August 8, 2022
Wabtec sees improving rail service as tailwind in 2nd half of 2022
Improvements in rail service and “unparking” locomotives are market signals that could bode well for Wabtec in the back half…
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Company earnings
John KingstonFriday, August 5, 2022
Truck transportation job growth slows in July
Jobs in the truck transportation sector have risen every month post-pandemic except one, but the pace of growth is slowing.
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News
Joanna MarshThursday, August 4, 2022
Hub Group sees better rail service, diversification as path forward
Even though macroeconomic uncertainties lie ahead, Hub Group expects to find support in the medium term through improving rail service,…
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Rail
Joanna MarshWednesday, August 3, 2022
House bill would broaden Surface Transportation Board’s authority
A Democrat-backed bill in the U.S. House of Representatives addresses rail service concerns raised during recent hearings by the House…
Read More »
Rail
Joanna MarshTuesday, August 2, 2022
CN, CP: Highest grain volumes expected despite potential slow harvest start
CN and Canadian Pacific say they’re ready for an anticipated grain volume rebound in the new crop year that runs…
Read More »

FreightWaves News

Modern Shipper
Jack DaleoWednesday, August 10, 2022
Irish drone delivery firm Manna to launch in US this year
Manna, an Ireland-based drone delivery company, will soon expand into the U.S. and mainland Europe.
Read More »
Wednesday, August 10, 2022
Uber Freight’s road map to autonomy
Wednesday, August 10, 2022
Shippers seeking large fleet carrier partners for end-to-end solutions
Wednesday, August 10, 2022
Lohscheller will succeed Russell as CEO of Nikola
Wednesday, August 10, 2022
Canada Cartage acquired by Abu Dhabi-based private equity firm
Wednesday, August 10, 2022
Last-mile logistics platform Veho partners with ShipHero on e-commerce deliveries
Wednesday, August 10, 2022
Installing LEDs gives warehouses cheaper, cleaner lighting, experts say
Wednesday, August 10, 2022
Improving communication content with technology helps retain drivers, office staff
Tuesday, August 9, 2022
Washington state agrees to dismiss meal/rest break appeal
Tuesday, August 9, 2022
Postal Service posts declines in Q2 parcel revenue, volume
Tuesday, August 9, 2022
Viewpoint: How the Supreme Court’s decision on C.H. Robinson could upend trucking
Tuesday, August 9, 2022
SONAR Sightings for Aug. 9: Jacksonville, Florida, shows signs of recovering to its headhaul nature
Tuesday, August 9, 2022
Workhorse shares tank on anemic Q2 revenue
Tuesday, August 9, 2022
Goliath, meet David: Quiet Logistics launches ‘anti-Amazon’ network
Tuesday, August 9, 2022
FreightWaves Classics/Pioneers: Columbia Rediviva was first U.S. ship to sail around the world

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