American Shipper

Shares of ocean shipping companies have given back much of their 2022 gains after another big sell-off.

Boeing has landed a large freighter order from Lufthansa, while Embraer has launched a program to modify used planes for cargo in the regional market.

Air Transport Services Group seems to have immunized itself from air cargo volatility by leasing aircraft to e-commerce shippers and U.S. government personnel.

China’s zero-COVID policy is a prescription for more inflation and supply chain “illness.”

Atlas Air’s cargo business is on a steep growth path this year and ongoing fleet investments indicate management’s confidence in the future.

The pain at the pump keeps getting worse. Bad news for consumers. Good news for owners of refined product tankers.

U.S. regulators have ordered the world’s largest ocean carriers to submit more pricing and capacity data to help protect shipping markets from anticompetitive practices.

Trucking solutions, sitting cargo are among the issues in Henan province’s capital city.

Airlines are carrying less cargo because of global economic headwinds, but the slowdown isn’t reflected in shipping rates.

‘Right now, we don’t see a huge buildup of volumes because of the closedown in Shanghai,’ reports Maersk CEO Soren Skou.

More planes and less cargo haven’t translated yet to a big drop in shipping prices between North America and Europe because of airport logistics problems.

Pete Buttigieg pushed back during a DOT budget hearing in the Senate against an effort to blame the Biden administration for rising inflation.

New container prices, new production, lease rates, lease durations and used container prices are all down.

The U.S. military has tapped private cargo airlines to ferry weapons for Ukraine to Poland.

Canada isn’t a sleepy cargo destination anymore. E-commerce, cross-border and international shipping are robust, and Canadian airlines are adding freighters to meet the demand.

Container-ship transits of the Panama Canal are up as liners favor the East Coast. LNG transits are down as U.S. gas heads to Europe.

“Higher shipping costs hit prices of imported goods at the dock within two months and quickly pass through to producer prices — many of whom rely on imported inputs to manufacture their goods,” IMF researchers wrote.

Cargojet last year announced an order for two passenger-to-freighter conversions of the Boeing 777 but was less public about buying six more of the aircraft.

“The only reason for an oil tanker to go to Saldanha Bay is to unload the oil into storage,” says an industry consultant.

Converting passenger aircraft for cargo use is like rebuilding a house. One alternative is a quick makeover for carrying parcels in the cabin.