War effect on crude trade: Long-lasting and just beginning
It looks increasingly likely that war-driven changes to global crude flows will persist for an extended period.
It looks increasingly likely that war-driven changes to global crude flows will persist for an extended period.
Record results by the cargo division pulled Deutsche Lufthansa AG to profit in the second quarter for the first time since the COVID crisis began, underscoring how moving goods has become increasingly important for passenger airlines as a hedge against travel downturns. “The Lufthansa Group is back in the black,” CEO Carsten Spohr declared in […]
Air Transport Services Group rode the e-commerce wave to another profitable quarter.
Federal regulators are pressuring carriers at the Port of New York and New Jersey to compensate shippers and carriers for container storage.
NOAA Fisheries aims to reduce whale strikes on the East Coast of the United States with new vessel speed regulations.
Atlas Air reported strong second-quarter earnings while announcing it is being bought by an investment consortium for $5.2 billion.
The U.S. is enforcing sanctions against Iran and Venezuela through seizure action on a 747 cargo jet.
Chinese military exercises in the Taiwan Strait will delay shipments. Further escalation could have dramatic supply chain effects.
Etihad ordered big Airbus freighters to support its ambitious growth plans for cargo.
Container shipping giant Maersk sees continued strength in U.S. imports and ongoing supply chain disruptions globally.
E-commerce is making air cargo an attractive play for investment funds. Atlas Air is on Apollo Global Management’s wish list.
The Democrats’ inflation bill pares down ‘Build Back Better’ but includes $3 billion to help ports and terminals cut pollution.
The Port of New York and New Jersey has announced a container fee on long-dwelling import or export containers, aiming to reduce an excess of empty containers dwelling at the port and free up space for container pickup.
Second-quarter cargo business softened on the margins for British Airways and its sister airlines but was still much better than before the pandemic.
“Peak season” is a term in maritime that really has lost all meaning. Since the pandemic began, the ports have been processing record volumes of containers. Inventories were wiped out when the consumer went on a gluttonous buying binge. Now the bulk buying has stopped along with purchases of furniture and appliances since consumers purchased […]
Cargojet says it has two built-in defenses against an economic downturn: e-commerce and unstable cargo service at passenger airlines.
The drop in ships waiting off Southern California is deceiving. The number of ships off all three coasts is back to all-time highs.
The new rail hub is designed to respond to a growing need to expand domestic intermodal capacity within the greater Seattle region.
Shipping lines are still racking up extraordinary profits. Hapag-Lloyd forecasts continued strength in the second half.
UAE-headquartered port operator Gulftainer says it has turned a “poorly performing past two years into a significantly positive first half of 2022.”