Rolf Habben Jansen, CEO of ocean carrier Hapag-Lloyd, gives his take on the “bullwhip effect,” rates and global trade.
“At MSC, we want to continue to improve towage service efficiency and expand Rimorchiatori Mediterranei, building on the impressive work of the Genoese families that have developed the company the past 100 years,” MSC CEO Soren Toft said.
Hawaiian Airlines will begin operating Amazon Air’s largest cargo jets on the retailer’s biggest shipping lanes next year.
In a major move, Amazon is acquiring 10 large freighter aircraft for long-haul international transport and hiring Hawaiian Airlines to fly them.
Shipping lines face a minefield of surging capacity and sinking demand, but there is a path to safety, claims one industry expert.
South Florida Container Terminal has ordered 12 electric, emission-free, rubber-tired gantry cranes and welcomed the launch of CMA CGM’s Medgulf service at PortMiami.
Flexport is an international logistics provider that also acts as a bank for customers that need more liquidity when sourcing goods from overseas.
The air cargo market’s deceleration this year had a greater impact on third-quarter cargo revenues at American Airlines than its primary rivals, Delta and United Airlines. But the best revenue quarter in company history and a $483 million profit painted a positive financial picture that could be replicated in the final quarter thanks to resilient […]
The air cargo market is full of contradictions. Shipments and rates are falling and a recession is looming, but business is better than in 2019.
Southern California ports are being hit by double-digit import drops as the COVID-19 cargo boom winds down.
As container shipping stocks get battered by collapsing rates, tanker shares could be poised for a long bull run.
United Airlines continues to deliver strong cargo results each quarter even as global trade softens.
The South Carolina Ports Authority will join other major East Coast ports in providing near-dock rail via the planned Navy Base Intermodal Facility at the Port of Charleston.
Port Houston reported a 26% year-over-year increase in cargo volume in September.
Aerospace engineering firm Mammoth Freighters hasn’t built one converted freighter yet but is already adding capacity to meet demand.
Airbus is establishing a for-hire cargo airline using super-jumbo jets that previously hauled aircraft fuselages and tails for its own supply chain.
Declining imports have led to fewer container ships waiting off ports, injecting more capacity into the market, a negative for spot rates.
Delta Air Lines’ cargo division had a Goldilocks third quarter: not too cold and not too warm.
Thursday was a busy day for aircraft conversion deals, with leasing companies placing deposits to get passenger aircraft changed into freighters.
Supply chain planners will walk a precarious path in 2023, according to S&P Global transportation expert Paul Bingham.
