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.
The Europe-U.S. trade held up a lot longer than the Asia-U.S. trade, but trans-Atlantic premiums are now fading away.
Sun Country is bucking the trend of express carriers flying fewer hours because of slow shipping volumes. Its Amazon fleet is busy as ever.
The impact of the movement of trade to the East Coast and Gulf ports can no longer be denied in the railroad data.
UPS is adjusting its air network to minimize wasteful flying while shipping volumes are weak.
Cargo flow fell slightly at ports in Houston and New Orleans in March but increased at the Port of Corpus Christi in South Texas.
American Airlines joined its peers in posting lower cargo revenue for the first quarter from a year ago.
Gol Airlines in Brazil will have five all-cargo aircraft in its fleet by next month operating in a dedicated service for a large online retailer.
Tanker investors have been disappointed before. Is the current stock pullback a bump in the road or something more?
Hawaiian Airlines faces more turbulent market conditions coming out of the pandemic than nearly any airline. On the bright side is a new charter contract with Amazon that will diversify the business.
Cargolux set financial records in 2022 but expects its air cargo business to decrease this year because of difficult operating conditions.
Nothing is normal in logistics and the power shift in the game of supply and demand has shifted back to the shipper.
As new container ships flood the market amid weak demand, Drewry expects low freight rates to persist through 2024.
Gary Chicago airport is building a massive apron for freighter aircraft that UPS will only partially occupy. Build it and others will come is how officials think about it.
Amerijet and Air Transport Service Group have hit milestones: Amerijet for growing its fleet to 25 aircraft and ATSG for leasing its first used freighter that was reconfigured for cargo by Boeing.
Legislation giving FMC more power over alliances is aimed at preventing anticompetitive container carrier agreements.
