CMA CGM, the world’s third largest liner company, froze spot rates in September-January, yet its revenue per container kept rising.
The air cargo market continues to lose altitude in the face of an overall economic slowdown and supply chain dislocations. Whether swiftly changing conditions enable airlines’ cargo business to swing it back to positive territory this summer is an open question. Air freight volumes tumbled 7% in May versus 2021, replicating April’s slide, as the […]
It took longer than expected, but the IMO 2020 investment pitch — save on ship fuel by installing scrubbers — is paying off big time.
The last four 747-8 freighters to roll off Boeing’s production line this year are going to all-cargo operator Atlas Air, which announced Thursday the first one recently received will be assigned to support Cainiao, the logistics arm of Chinese e-commerce giant Alibaba Group. The cargo jet will increase capacity on routes between China and the […]
The International Air Transport Association’s chief economist points to mixed signals for the economy and air cargo activity.
The number of container ships waiting off Los Angeles/Long Beach recently sank to 25, the lowest tally since July 2021.
United Airlines has stepped up to help Operation Fly Formula by transporting critically needed baby formula from the U.K. on regular passenger flights.
The Port of Hamburg could suffer a container pileup if labor issues are not resolved in Germany.
While the Federal Maritime Commission’s Rebecca Dye found no evidence of collusion among the major ocean carriers, an investigation into the “numerous charges” they assess still could be launched.
Freightos, a backed by FedEx, is raising capital through a special purpose acquisition company and IPO.
Tankers are loading up on American crude, diesel and gasoline exports. Can the free market withstand political pressure?
Amsterdam airport lost a major cargo customer because of Russia’s invasion of Ukraine.
Russian airline Volga-Dnepr is trying to revive its fortunes, and the Russian economy, with a new air logistics deal with Moscow.
The Biden administration has employed an all-of-government approach to bolstering infant formula supplies until domestic manufacturing can return to normal.
Work remains for the Biden administration’s new port envoy, Stephen Lyons, to untangle freight supply chains.
The latest baby formula developments include relaxed regulations to support more imports, an air cargo pipeline and congressional scrutiny.
The nation’s top container-trade regulator says he wants ensure more fairness in ocean carrier contracts after a spike in shipper complaints.
Dallas Fort Worth is a tech-forward airport on many levels. Its latest initiative is trialing an autonomous tow vehicle in the cargo area.
Supply chain bottlenecks on the West Coast last year were evident in global port ranking data.
Ethiopian Airlines is investing in five more Boeing 777 freighters to meet shipping demand.
