“An earlier transition will allow more gradual changes, thereby reducing the risk of significant disruptions of the sector and of asset stranding,” the report said.
Shippers, not just passengers, will be negatively impacted by delayed flights and rerouting to alternative airports if telecom companies eventually launch service close to airports.
For bulk commodity shipping, a rough start to the year. For container shipping, the profit bonanza continues.
FedEx wants to study the feasibility of putting a laser on planes to divert potential missile strikes. The FAA has shelved its review for the time being.
FedEx wants to put a laser-emitting device on a certain aircraft to protect against a missile attack. By all indications it’s for a very limited test, not a fleetwide procurement.
Freightos is expanding its North American air cargo customer base with the acquisition of 7L Freight.
Clean up on Runway 2, please! We’ve got rubber deposits.
“Climate protection is an issue that impacts everyone. While we can work towards this goal internally, we also wanted to provide an opportunity to enroll our customers in our mission toward carbon neutrality,” said Mark McCullough, Gebrüder Weiss USA CEO.
“The global supply chain will be further strained because of these lockdowns in China and the result would be a further gap in global demand and supply,” says Container xChange CEO Johannes Schlingmeier.
FedEx Logistics is the latest company to find an alternative to big-port congestion by taking freight business to the Port of Hueneme in California.
Delta Air Lines is on the path to recovery from the depths of the coronavirus pandemic, but omicron remains a hurdle.
United opposition from four major U.S. cargo airlines has made Saudia reconsider its request for an exemption to fly freighters outside the normal regime governing air services.
Growth in air cargo volumes decelerated in the last two months of 2021. Blame it on too much demand stressing the freight system.
No letup yet: It’s taking even longer for Asian exports to get across Pacific to American buyers.
The finger-pointing of blame and the political promises and suggestions are not improving the flow of trade.
“This year will be the year for Maersk to ensure green solutions are developed end to end,” said Henriette Hallberg Thygesen, CEO of fleet and strategic brands at Maersk.
DOT Secretary Pete Buttigieg touted holiday season wins at the ports of LA and Long Beach while addressing shipping-sector prices.
The U.S. Chamber of Commerce wants the Biden administration to spend less time correcting economic problems the chamber feels don’t exist, and more on trade.
2021 was a banner year for The Port of Virginia, SC Ports and Alabama Port Authority.
More COVID control measures in China are impacting international goods movement.
