Maersk, a major container shipping line, is set to debut its U.S. air cargo service and has focused its resources on the Chicago area.
PayCargo won its trademark case against CargoSprint, which was hit with $11.6 million in damages.
Cargolux is sticking with Boeing over Airbus for replenishing its 747 freighter fleet. On Wednesday, it ordered 10 modern 777-8s.
New disclosures by Asian ocean carriers confirm that container shipping lines remain extraordinarily profitable.
Air cargo is a premium shipping mode. Companies that want fast, reliable transfers are also seeing lease rates shoot up for logistics facilities near airports.
Delta Air Lines and South American carrier Latam Airlines have become partners, creating opportunities to streamline their cargo networks.
Port Houston recently ordered 29 container cranes for a total of $106.1 million.
Demand for Asian goods began dropping earlier this year. This is now having a delayed — and highly negative — effect on U.S. imports.
China-based Zongteng Group has acquired a large cargo jet to enhance its global e-commerce logistics distribution capabilities.
Ocean carriers will be subject to stricter requirements when they charge shippers fees on late containers if a proposed rule is adopted.
Air Canada is giving shippers more airfreight options in the Americas, thanks to a new converted freighter.
Truck transportation jobs in September dropped by an amount exceeded in the last 10 years only by the start of the pandemic.
Air cargo professionals figured business would take off after the summer lull. Turbulent economic conditions and pre-buying have prevented that so far.
Los Angeles airport is finally moving forward on an ambitious project to overhaul its sprawling cargo terminals.
Shipping adheres to a time-honored tradition: When shipowners make exceptionally high profits, they order a lot of new vessels. When those newbuilds are delivered by the yards, it kills shipowners’ profits. Such boom-and-bust behavior has been de rigueur for over a century. As London shipbroker J.C. Gould, Angier & Co. wrote in 1894: “The philanthropy […]
Automaker Volkswagen is opening a new shipping hub in South Texas to import more than 140,000 vehicles a year.
FedEx Express and the union representing its pilots on Wednesday filed for federal mediation with the National Mediation Board to help unglue contract negotiations that began in May 2021. The joint filing by FedEx (NYSE: FDX) and the Air Line Pilots Association requests expedited mediation under the Railway Labor Act. FedEx pilots are disgruntled by […]
Boeing 737-800 passenger-to-freighter conversions are selling like hotcakes. A Japanese-owned leasing company snapped up six more slots.
CEO Rolf Habben Jansen said the SM SAAM S.A. acquisition is part of Hapag-Lloyd’s strategy to build “a robust and attractive terminal portfolio.”
With war raging and pipelines sabotaged, shippers are paying astronomical sums to transport LNG across the oceans.
