Just how big are the global container shipping alliances?
The 2M partnership between MSC and Maersk — which is breaking up — is the smallest of the three alliances. The Ocean Alliance is much larger.
Sloths die of cold exposure on Qatar Airways jet in Belgium
Three furry sloths died when the heat stopped working on a Qatar Airways jet during a long delay at frozen Liege Airport
More American Shipper Headlines
Viewpoint: The 1 trade pipe that will signal a turnaround
Ocean Network Express’ quarterly profit plunges
Hapag-Lloyd reports ‘extraordinarily strong result’
End of production era, but 747 freighters will fly for decades
Good times still rollin’ for shipping lines in trans-Atlantic trade
Container shipping rates from Europe to the U.S. are finally falling, but they’re still exceptionally high.
Container shipping shake-up: Maersk, MSC terminating 2M in 2025
Shipping services around the globe will be reconfigured after the top two carriers end their vessel-sharing agreement.
UPS feeder airline intends to buy 20 pilotless cargo planes
Ameriflight, an air cargo contractor for big express companies, is considering a large purchase of uniquely designed, semi-autonomous freighters from Natilus.
Revisiting 2004 vessel accidents that turned deadly
2004: The capsizing of two vessels rocks the project cargo industry.
Air France-KLM doubles order for Airbus A350 freighters
Martinair, with the help of parent company Air France-KLM, is buying four new freighters from Airbus.
American Airlines’ cargo revenue tops $1.2B despite market slide
American Airlines generated strong cargo sales in 2022 even as market conditions deteriorated.
Freightos makes public debut on Nasdaq as SPAC market tanks
FreightTech startup Freightos is raising money through a public offering rather than seeking venture capital.
Air Canada names in-flight chief Turner to lead cargo
Air Canada is sticking with a Canadian, Jon Turner, as cargo chief after two Americans in that position left in recent years.
As US-China relations worsen, expect supply chain chaos
Trans-Pacific trade is the foundation of American retail and industry. But souring U.S.-China relations threaten that.
Flexport juices trade finance program with $200M credit line from KKR
FreightWaves SONAR data revealed global recession months before FedEx’s earnings
Flexport taps Amazon pipeline again for operations leader
FreightWaves Classics/ Infrastructure: Blue Water Bridge is a key US-Canada crossing
Daimler built excess electric truck capacity in ‘22
Paccar takes deliberate approach to electrification
Forum Mobility in $400M JV for electric truck infrastructure
Collaboration must be key for railroads to thrive, experts say
CargoX proof of concept showcases interoperability for global trade eBOLs
“We are proud to be part of this first-in-history interoperability launch between eBOL platforms,” said CargoX founder and CEO Stefan Kukman.
Gulf Coast ports see record container volumes in 2022
Rough start to 2023 for dry bulk, tanker, gas, container shipping
White House touts easing of supply chain pressures
RoadOne taps into Houston freight corridor with acquisition
Shippers’ revenge is coming for truckload carriers
FreightWaves founder and CEO Craig Fuller provides insight into the state of trucking contract rates.
FreightWaves Classics: Shipping line brought fresh fruit to the Northeast in the late 1800s
2021 Shipper of Choice profile: The Home Depot
FreightWaves launches SONAR SCI Lane Acuity
Commentary: How are freight professionals adjusting to COVID-19?
FedEx to cut global officer, director workforce by at least 10%
The announcement is part of a broader reduction of 12,000 jobs since FedEx’s 2023 fiscal year began.
UPS finds way to steer through treacherous Q4 waters
Amazon Air lands in India
Hawaiian pilots land lucrative cargo contract ahead of new Amazon service
United Airlines’ cargo revenue exceeds $2B despite weak peak season
Benchmark diesel price up, but futures markets take big downturn
The benchmark diesel price used for most fuel surcharges increased this week, but trends are pointing lower.
The Light Load: 1 pork platter, hold the Louisiana Light Sweet
DOE/EIA price drops; diesel futures up ahead of EU ban on Russian imports
Marine fuels boosted diesel prices in 2022, but future impact unclear
Georgia ends motor fuel tax holiday
Canadian Pacific ‘ready to roll’ on Kansas City Southern merger
Canadian Pacific is waiting for the Surface Transportation Board to render its decision on the proposed merger with Kansas City Southern. In the meantime, CP has been conducting interline tests to see how its service might compare to similar truck lanes.
Feds say merger of 2 rail giants would cause ‘adverse’ noise pollution
A leading federal regulator says a merger between Canadian Pacific-Kansas City Southern would ratchet up rail noise.
GATX optimistic about 2023 despite macroeconomic uncertainties
Rail car manufacturer and lessor GATX sees a strong secondary market and continued demand for rail cars to help support the company this year.
STB response on UP service limited; agency won’t delay arbitration program
The Surface Transportation Board recently took action on Union Pacific’s use of embargoes in the Midwest and rejected the Class I railroads’ request to delay a program related to smaller rate disputes.
Norfolk Southern’s industrial development investments valued at $3.2B
Norfolk Southern and partnering companies were involved in 159 industrial development projects in 2022 worth $3.2 billion.
CSX expects service gains will bolster railroad during economic downturn
Like the other Class I railroads, CSX is bracing for macroeconomic headwinds in 2023. But continuing service improvements will lend support to the company, executives said during CSX’s fourth-quarter earnings call.
CN will focus on improving velocity, finding customers where capacity available
CN will adjust its operating plan to run faster and potentially shorter trains and concentrate on courting customers where network capacity is available, executives said on the railway’s fourth-quarter 2022 earnings call.
UP vows to improve service, craft employees’ quality of life in 2023
On Union Pacific’s list of resolutions for 2023 are plans to improve rail service, enhance quality of life for craft employees and achieve productivity gains, according to executives on the railroad’s fourth-quarter 2022 earnings call Tuesday.