Hong Kong’s COVID rules have handcuffed Cathay Pacific’s pandemic recovery, and typhoons last month wreaked havoc with freighter deployments.
Rates and sentiment in dry bulk shipping have fallen hard. Economic pressures in China appear to be a major culprit.
The latest whammy? A U.K. port strike could delay deliveries of Guinness.
The latest shipping company poised to delist has a market cap of $3.5 billion. The latest new entrant’s market cap is under $20 million.
Airbus is so pleased with its first three Airbus A321 freighter conversions that it plans to add six more of the jets.
UPS Airlines is keeping its pilots happy with a new contract extension.
Federal regulators are considering a congestion emergency order to require carriers to share cargo data with shippers, railroads and trucks.
Air Canada is moving quickly up the ranks of hybrid passenger-cargo carriers.
Yang Ming summed up its second quarter and the first half of 2022 in about 150 words.
Hapag-Lloyd bookings point to a gradual unwind of the container shipping boom, not a crash.
Lufthansa Cargo is increasing cargo capacity to key markets after adding a large 777 freighter.
Maersk Air Cargo is preparing to start U.S. service that originates in South Korea.
South Korean ocean carrier HMM expects “downward pressure” on demand growth in the second half of 2022.
Latam Airlines’ cargo division has expanded its European service, including a dedicated charter flown for logistics provider DB Schenker.
Tankers stocks are doing great. Dry bulk and container stocks temporarily stopped the bleeding. “Maxim stocks” still underperform.
Vietnam Airlines is moving beyond passenger business to fly cargo jets for the first time, with the help of a U.S. air services company.
Georgia Ports Authority kicks off the start of its new fiscal year with volumes at over a half million TEUs.
Mercado Libre is an online retailer with a private cargo airline. It is outsourcing air transport in Brazil to passenger airline Gol.
Port congestion and voyage cancellations by shipping lines are preventing a steeper slide in spot container freight rates.
The South Carolina cold chain facility opening next year will handle Port of Charleston imports and exports of proteins, fruits and vegetables.
