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Brandon Cafferky Thursday, February 2, 2023

FBX Report: February 02, 2023

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Most Popular American Shipper Articles

Eric Kulisch Wednesday, February 1, 2023

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

Eric Kulisch Wednesday, February 1, 2023

Virtual Hong Kong airline to lease new 777 converted freighters

Fly Meta has one aircraft and no pilots, but it plans to acquire four Boeing 777 jets transformed for dedicated cargo carriage.

Lori Ann LaRocco Wednesday, February 1, 2023

Viewpoint: The 1 trade pipe that will signal a turnaround

Look at ocean freight bookings as a signal that manufacturing orders are increasing.

Eric Kulisch Tuesday, January 31, 2023

End of production era, but 747 freighters will fly for decades

It’s the end of an era for the “Queen of the Skies.” Boeing will make its final 747 delivery on Tuesday, but cargo airlines could fly them for another 40 years.

Eric Kulisch Monday, January 30, 2023

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.

Greg Miller Friday, January 27, 2023

Sanctions effect begins: Crude tankers forced onto longer voyages

Russian crude restrictions are having the predicted effect on tanker trades, soaking up more vessel capacity as sailing distance lengthens.

Air Cargo

Mark Solomon Thursday, February 2, 2023

At FedEx, nightmare of September seems very far away

Wednesday’s announcement of high-level cost cuts, along with word of 12,000 job reductions in all, has sent shares soaring and analysts reevaluating opinions of the company.

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Smoke seen from tires as a white FedEx jet with purple tail lands on runway.
A large jet with Airbus A350F logo flies in blue sky.
Cargo pallets with green shrink wrap sit by an a jet with an American flag them painted on tail.


John Kingston Friday, February 3, 2023

More workers in truck transportation in 2022 than earlier estimate

The annual revision to the BLS employment model showed a lot more workers in truck transportation last year than originally estimated.

Joanna Marsh Friday, February 3, 2023

Canadian rail shippers praise feds’ actions to collect more freight data

Rail shippers see Transport Canada’s amendments to collect more freight rail data as a good start, but they maintain that more can be done.

Noi Mahoney Thursday, February 2, 2023

Hub Group beats Q4 EPS estimates, misses on revenue

Hub Group had higher revenue in its logistics, truck brokerage and intermodal segments during the fourth quarter.

Joanna Marsh Thursday, February 2, 2023

Canadian Pacific touts record grain movements in January

The railway said it moved 2.29 million metric tons of Canadian grain and grain products in January, setting a monthly record.

Joanna Marsh Wednesday, February 1, 2023

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.

Joanna Marsh Tuesday, January 31, 2023

Iowa bill seeks to limit length of freight trains

A bill before the Iowa Legislature seeks to restrict the length of freight trains operating in the state to 8,500 feet.

Joanna Marsh Monday, January 30, 2023

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.

Joanna Marsh Monday, January 30, 2023

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.

Joanna Marsh Friday, January 27, 2023

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.

Joanna Marsh Friday, January 27, 2023

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.

FreightWaves News

Noi Mahoney Sunday, February 5, 2023

Borderlands: Xcell Logistics sees big opportunities with cross-border trade

This week in Borderlands: Xcell Logistics sees big opportunities with cross-border trade; BMW to invest around $800M in Mexico in EV push; sensor-maker announces new factory in Mexico, creating 700 jobs; and Careismatic Brands moves into major distribution hub in Dallas.

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Freightliner and Volvo trucks side by side on highway
Amazon FTC lawsuit
Friday, February 3, 2023

Spot markets are flatlining

A white Heartland Express tractor-trailer on the highway
A green ABF tractor pulling a silver ABF trailer on the highway
Amazon layoffs corporate office