A massive eight-day backup of barge traffic at Locks and Dam 26 on the Mississippi River in 1976 resulted in shipping losses estimated as high as $500,000 a day.
Lufthansa Airlines’ cargo subsidiary continued to earn profits during a difficult third quarter, even as the market softened.
Ocean carrier contracts and carriers’ ability to make a profit are put to the test in a proposed rule, according to reaction from shippers and carriers.
The “shadow fleet” is not large enough to save Russian oil exports from Western sanctions, according to multiple analysts.
Barge movement on the Mississippi River continues to be impaired by low-water levels with no end in sight.
A pair of trade associations wants the government to provide up to $5 billion to support massive redevelopment for cargo activity.
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.
