An Airbus affiliate that converts used passenger planes into cargo haulers plans to outsource some work to a new partner in China.
Almost eight months without a union contract, container terminals and their workers are making customers nervous and risk losing business permanently, Global Supply Chain Week panelists warn.
“The digitalization of trade documentation is in full swing worldwide, and companies need all the support and advice they can get to implement the optimum solutions into their everyday workflows,” said CargoX CEO Stefan Kukman.
Two container shipping experts give their take on how the hangover after the pandemic boom could play out.
Air Canada is investing heavily in its dedicated cargo operations at a time when freight rates are slumping.
Ameriflight is tentatively betting on two futuristic cargo aircraft from startup manufacturers to augment its feeder service for integrated express carriers.
EgyptAir has two interests in 737-800 freighters: flying them and rebuilding cargo versions from used passenger jets.
The Baltic Dry Index has fallen 91% since October 2021 to one of its lowest levels ever, yet shipowners remain confident.
An upcoming supply chain legislation package will include curbs on Chinese influence over global shipping.
More than 43,500 people in Turkey and Syria have died as a result of the Feb. 6 earthquake, which the United Nations is calling a “once-in-a-generation disaster.”
Los Angeles continues to face a double whammy of sinking demand and fears over the port labor contract that expired in July.
The Georgia Ports Authority said a 16% drop in imports year over year “was fueled in part by reduced orders in retail and manufacturing.”
APM Terminals Mobile has begun a $60 million rail expansion project at the Port of Mobile, Alabama.
The recognition by the Maritime Association of the Port of New York and New Jersey “is reserved for those who have made a lasting difference in our industry and helped advance all aspects of the global transportation industry.”
Belgian data and analytics company Kpler has acquired MarineTraffic and FleetMon in an effort to improve maritime intelligence.
Finnair got creative redefining aircraft characteristics for the A350 jetliner so it could carry more fuel, cargo and people on long Asia routes.
HMM acknowledged that “freight rates in most key trade lanes have been under downward pressure since H1 2022.”
Ocean carrier Zim will increase the frequency and size of ships used for its e-commerce Baltimore Express service.
Executive Director Mario Cordero said he is optimistic the Port of Long Beach will recapture market share.
Business is very soft in the air cargo sector and likely to get softer still, but there are signs that demand could spark up in the second half of the year.
