Emirates to buy 777 freighters in deal with Boeing
Boeing and Airbus on Tuesday signed deals to bring more large freighter jets to the market.
Boeing and Airbus on Tuesday signed deals to bring more large freighter jets to the market.
An international trade group settles on Miami as the regular location for its semiannual air cargo expo.
Some VLGCs carrying propane and VLCCs carrying crude have joined LNG carriers in shipping’s six-figures-per-day club.
The Port of Houston announced it will begin implementing fees for long-dwell containers beginning Dec. 1.
Cargo continued to dominate the passenger side at Korean Air during the third quarter.
Good news for shippers is bad news for airlines as cargo demand and rates retreat again in October.
Europe must replace all seaborne crude imports from Russia within the next few weeks. Crude tanker owners stand to gain.
Cargojet is better protected from an economic downturn than airlines handling general air cargo because of e-commerce and deep partnerships.
Investors behind Vietnam’s first domestic cargo airline, IPP Air Cargo, have grounded operations before ever taking off.
Maersk’s guidance implies fourth-quarter earnings will plunge 39% compared to the third-quarter peak.
Cargo revenues from Sun Country Airlines’ Amazon business were flat in the third quarter.
Most politicians are clueless about supply chains, so it’s a shame when industry veteran Mike Erickson runs for Congress and pins inflation on ocean carriers.
Product-tanker share prices are up triple digits year to date as investors position for sanctions upside.
Leasing companies are going bonkers converting used aircraft for cargo. As demand for air cargo cools, there could be a glut that lowers shipping rates.
The world’s seventh-largest ocean carrier expects profits to fall, yet its projections remain vastly higher than pre-COVID levels.
Jaxport CEO Eric Green said the $23.5 million grant “marks a milestone in our initiatives to build the port of the future and move cargo in the most efficient and eco-friendly way possible.”
The U.S. Department of Transportation is awarding the Port of Long Beach a $30.1 million grant to replace diesel yard tractors with zero-emissions cargo-handling equipment.
Tanker and diesel crisis, looming rail strike and Mississippi drought adding pressure on logistics managers.
Air Canada has extra cargo capacity thanks to its first freighters, but that didn’t prevent a 23% fall in cargo revenue in the third quarter.
Spot rate indexes look like they’re stabilizing — at least temporarily — after double-digit plunges in August and September.