G7’s grand plan to squeeze Russia oil windfall hinges on tanker shipping
“Right now, shipping companies around the world are looking at this and scratching their heads,” says sanctions expert Bruce Paulsen.
“Right now, shipping companies around the world are looking at this and scratching their heads,” says sanctions expert Bruce Paulsen.
Labor actions are creating great uncertainty for rail shippers in the U.S. and for air and sea cargo in Europe.
Federal regulators are proposing a “burden-shifting regime” aimed at helping importers and exporters secure container space on ships.
Tanker stocks are proving to be a shelter from the Wall Street storm as demand grows for ships that transport oil and natural gas.
“This new funding will help us accelerate development of our platform and add even more data sets to enrich our expert industry analyses to further drive transparency in the market,” says Xeneta co-founder and CEO Patrik Berglund.
The Georgia Ports Authority is on track to move a record-setting 6 million twenty-foot equivalent units this fiscal year.
Government watchdogs have found that maritime regulators are unable to effectively track how shipments of military supplies and food aid are transported overseas.
Ethiopian Airlines is adding Boeing 767 freighters in a transaction with Atlas Air Worldwide.
Spot container rates for U.S.-bound cargoes are falling fast, yet import numbers at U.S. ports remain near their peak.
After months of regulatory delay a new U.K. aerospace company can now go to market with a partial passenger-to-freighter conversion.
Shipping volumes are weakening in and out of China. Is this a temporary pullback or a sign of more serious trouble ahead?
The airfreight sector remains chaotic, but a better-than-expected August is spurring optimism for solid results during the busy shipping season.
In a Q&A with FreightWaves, Shifl CEO Shabsie Levy says of current general rate increase global shipping practices: “It essentially incentivizes chaos and disruption but yet doesn’t play in anyone’s favor.”
JD.com, the China-based mega e-commerce retailer, has begun operating its own cargo flights as part of its diversification into global logistics services.
Container and dry bulk shares soared last year, leaving tanker stocks behind. This pattern has now reversed.
(UPDATED: Lufthansa announced Sept. 12 that it finalized a contract with pilots that will carry through the end of June 2023. And dnata announced Sept. 8, 2022, that had reached agreement in principal on a new collective bargaining agreement with employees, forestalling a potential strike.) Airport services provider dnata is making contingency plans for a […]
IMC Companies says its SmartStacks app increases driver productivity and eliminates unnecessary container lifts.
The Georgia Ports Authority says the Navis system “eliminates data silos, improves velocity across our terminals and enables us to more easily integrate with our customers to provide the data and insights they need.”
Container vessels are expected to use auxiliary engines while in port this week to help California’s struggling electric system cope with extreme heat.
Cathay Pacific Cargo, a bellwether for trade in Asia, says slowing consumer demand and Chinese exports point to a less busy peak shipping season.