American Shipper

Shipping line Maersk has unveiled the latest expansion of its cargo airline with a new Eurasia route.

Flexport projects trans-Pacific contract rates will decline around 70% from 2022 levels but still be around 30% above current spot rates.

Federal regulators have codified provisions of the Ocean Shipping Reform Act that may extract more compensation from ocean carriers for rule violations.

U.S. importers have forsaken their traditional gateway in Southern California. Many may be gone for good.

FedEx Express is aggressively scaling back air operations to save money as shipping demand crumbles.

Tanker capacity for diesel is already tight amid war fallout. With very few ships on order, future transport capacity could fall short.

A multitude of mixed economic signals make it difficult to predict a recovery in air cargo business this year. Even if global trade picks up, the lion’s share of shipments will go by ocean.

Quarterly net losses could be around the corner for container lines, but EBITDA will stay high even if carriers dip into the red.

Boeing is meeting customer demand by adding a facility to carry out passenger-to-cargo conversions in India. Some wonder whether the market will soon be oversaturated.

Atlas Air has apparently cleared the final hurdle for its sale to Wall Street hedge funds.

More than 130,000 civil and public servants who are part of the Public and Commercial Services Union will walk out in what it is calling the largest strike in civil service in decades. 

The Georgia Ports Authority reported its second-busiest February ever.

Freight reservation aggregator Freightos issued its first earnings report as a public company. Reducing losses continues to be a challenge in a difficult economy.

IAG’s cargo division has convinced management to use larger passenger jets on some short-hop routes to capture more cargo business.

Shipping line Zim could face net losses in the quarters ahead, yet it has a hefty cash cushion to soften the blow.

With virtually no new ships on order and demand strengthening, the tanker business seems poised for a bull run.

Latam Airlines’ cargo division is diversifying routes for flower exporters with a new destination in Los Angeles.

Flight hours are a proxy for air cargo demand and the amount of time all-cargo aircraft are flying is falling.

Boeing has paused delivery of the 767 freighter until it corrects a fuel tank issue.

U.S. businesses overshot in 2022, importing way more than they needed. The hangover is in full swing, depressing 2023 imports.