Win streak continues: Container lines just posted more record results
In the second quarter, new highs were set for Cosco profits, OOCL revenue per container, and Evergreen operating revenues.
In the second quarter, new highs were set for Cosco profits, OOCL revenue per container, and Evergreen operating revenues.
Contract talks between German port employers and labor union ver.di have bogged down over questions about inflation’s impact on wage increases.
Vallair says it will turn passenger aircraft into light-duty freighters by clearing out the cabin so boxes can be loaded on the floor.
Nonprofit organization GivePower is using solar power to desalinate water and provide positive health, education and economic impacts for communities.
Emirates is enlarging and modernizing its cargo fleet with modified passenger aircraft and new builds.
A new law authorizing tandem loads of 20-foot containers went into effect in Louisiana on June 17.
Container market experts advise carriers and shippers to act quickly now that new rules regulating ocean shipping are in effect.
The number of import containers sitting at LA/LB terminals for nine days or more has more than doubled since February.
West Coast port employers and labor won’t extend their contract during bargaining, as business groups would like them to do.
A shipping researcher dubbed July 1 “Bloody Friday” due to a large drop in stock prices for several shipping companies.
Air France-KLM has reached a $3.9 million settlement with the U.S. government to resolve a fraud investigation involving international mail delivery.
Labor strikes and slowdowns at ports in Germany, Antwerp, Belgium, and Rotterdam, Netherlands, are crippling trade and could trigger more logistical inflationary pressures for U.S. importers and consumers.
Delta is the latest airline to settle charges of defrauding the U.S. Postal Service on mail transport contracts.
Port of New York and New Jersey executive director says the flow of trade originally bound for the West Coast and redirected to the East Coast has been substantial.
Lawmakers and shippers urge quick wrap-up of new dockworker labor pact on the eve of the contract deadline.
Spot freight rates are easing, but in a sign of resilience, container-ship charter rates remain near all-time highs.
Container lines stand to gain from unprecedented berthing priority under a proposal introduced by California lawmakers aimed at helping U.S. exports.
FedEx pilots want a rich new labor deal to keep up with their counterparts at United and UPS.
Container and breakbulk volumes rise as Gulf Coast ports record strong shipping volumes in May.
The jaws of the supply chain vise are squeezing trade so tight that the headache it is creating will be a whopper for logistics managers this peak season.