American Shipper

Shipping line NYK says operating Nippon Cargo Airlines is too expensive and plans to sell it to another Japanese carrier.

Supply chain issues are in the rearview mirror for Fed inflation policy, but for importers, there’s still room for improvement.

Amazon Air is growing and refining its air cargo network, but at a more gradual pace because of the slowdown in online shopping.

“Real-time visibility and responsive risk management gives Overhaul a distinct advantage among supply chain SaaS providers,” said Ryan Ziegler, general partner at lead investor Edison Partners.

Cargojet is scrambling to balance its cost structure as the air cargo market softens by hitting the brakes on the acquisition of 777 freighters.

Container lines are unable to prop up rates because they haven’t culled enough capacity to compensate for weak demand.

“Our goal is to get empty containers out of the hands of those who do not need them and into the hands of those who do, and so far it’s working,” said Qualle founder and CEO Tyler Sellers.

After rushing to add capacity, Maersk’s in-house cargo airline is hitting the pause button on new routes because of sharply lower shipping demand.

Without Lufthansa Cargo’s strong results last year, the Lufthansa Group of airlines would have lost money.

Global logistics provider Kuehne+Nagel wants to avoid bottlenecks at big cargo airports by sending freighters to Birmingham, Alabama.

Shipping lines like Hapag-Lloyd have suffered sharp rate falls from the peak, but they’re nowhere near financial distress.

Kuehne + Nagel had a highly profitable year in 2022 despite macroeconomic headwinds, but results fell considerably in the fourth quarter along with transport demand.

Charter rates are far below the peak but higher than pre-COVID as liners continue to sign new container-ship leases.

Sichuan Airlines is taking the unusual step of carrying out cargo conversions of Airbus A321 aircraft on its own.

The Port of Virginia says it’s nearly done with its channel deepening project, which will enable the port to allow for two-way traffic of ultra-large container vessels.

Despite lower demand for transportation, repealing the ocean carriers’ antitrust immunity is still in play on Capitol Hill.

Freighter operator Amerijet is rationalizing its business by terminating a south Florida air and ocean logistics business it owns.

Agility is losing lucrative contracts to manage logistics parks in Kuwait after the government decided not to renew its agreement with the company.

Larger crude tankers are moving more U.S. exports on shorter voyages to Europe as long-haul volumes to China stagnate.

After a year of sanctions and “self sanctions,” shipping cargoes caught in the crossfire continue to find their way to buyers.