A GAO report recommends DOT better explain its grant-funding procedures so that applicants won’t overestimate how much money they must contribute to qualify for funding.
Ed Aldridge is retiring from CMA CGM America, and Uffe Ostergaard is leaving Hapag-Lloyd.
Amazon has rented a new air cargo facility in New Hampshire and launched daily freighter service to shorten delivery times.
In 1952, a C-124 flew straight into a remote Alaskan mountaintop, killing all aboard. Here’s the story of what it’s taking to bring them home.
Earnings for Zim, the world’s 10th largest ocean carrier, peaked in the first quarter and continue to slide as rates fall.
Egypt’s Suez Canal was built 153 years ago this week, and its storied history is so much more than last year’s drama.
Toronto Pearson airport is looking for ways to support more cargo business, starting by converting an old office park.
The head of Los Angeles’ port is on a worldwide sales blitz, trying to convince shippers and carriers to come back.
Burrell Aviation has made a speculative investment at Colorado Springs Airport aimed at attracting air cargo companies.
Airlines and logistics companies realize air cargo business will be lower this year. Talk of a 2023 upturn is more based on hope than economic signals.
Container volumes were up year over year in Savannah and Charleston, while crude oil exports set a record in Corpus Christi.
FedEx’s airline unit is taking down many flights to save money as it scrambles to counter a steep decline in shipping revenue.
Drop in imports from China in recent months comes on the heels of years of gains by exporters in the rest of Asia.
Silk Way West Airlines, a growing cargo operator based in Azerbaijan, and Alaska Airlines on Thursday signed contracts with Boeing for two freighters apiece — but that is where the similarities ended. Silk Way West said it will take two 777-8s, the largest plane available from Boeing (NYSE: BA) and one so modern it isn’t […]
Container shipping fundamentals are not as bad as spot rates imply, says the head of the world’s fifth-largest ocean carrier.
“Container demand is expected to be under downward pressure due to considerable uncertainties,” HMM said in its third-quarter earnings release.
Nicole is forecast to move through Florida to Georgia on Thursday and then to the Carolinas on Friday.
The Ukrainian aircraft manufacturer Antonov said it expects rebuilding the aircraft destroyed by Russian fighters to cost at least 500 million euros.
Boeing on Wednesday issued a bullish 20-year outlook for the freighter jet market.
Imports remain 7% higher than pre-pandemic levels, with volumes steadying last month after September’s plunge.
