Peak indicator: $2,600 increase on one U.S. shipping service
A liner drops one of the biggest recent surcharges as demand surges for the peak shipping season.
A liner drops one of the biggest recent surcharges as demand surges for the peak shipping season.
Target is beefing up its food supply chain with a new facility in Colorado to support more in-store food selection.
Rate hikes and surcharges pushed up benchmark ocean container rates by $1,000 in the latest week, with more to come.
Global Crossing Airlines filed a breach-of-contract suit against freight broker and investor Ascent Global Logistics, alleging the former partner harmed its cargo business by awarding charter flights to its competing in-house cargo airline.
The Federal Maritime Commission regulator filled its remaining vacant seat with yet another Florida native.
FedEx is investing $54 million to add capacity at its Netherlands trucking hub to keep up with growing transport demand in Europe and enable easier connections to its air cargo network.
Atlas Air announced plans to acquire 49% of Air Atlanta and its fleet, which it will lease back to the carrier to continue operating.
UPS says it has invested $50M in elevating service for freight shippers that use its parcel network between Mexico and the U.S. with the introduction of guaranteed day delivery and freight-specific pricing.
Cargo through the Port of Oakland was little changed from a year ago despite a decline in total vessel calls.
A new $10 billion delivery contract with DHL eCommerce is an example of how the U.S. Postal Service under new Postmaster General David Steiner is trying to be more responsive to the shipping needs of online retailers and their logistics partners.
Maersk paid a $1.9 million fine to the Federal Maritime Commission for improper detention billing to non-contracting third parties.
Maersk this week contradicted a consultant’s report that one of its vessels made a recent transit of a violence-plagued Mideast shipping route.
Amazon is making deliveries in the District of Columbia using battery-powered cargo bikes, part of a broader micromobility policy aimed at reducing emissions, noise and congestion in cities.
New Port of Virginia CEO and Executive Director Sarah McCoy spoke with FreightWaves at the hub’s annual State of the Port event.
Air China Cargo has exercised options for four additional Airbus A350 cargo jets. Airbus now has almost double the amount of orders for large, next-gen freighters as Boeing.
Walmart is using automation to help streamline inbound shipment consolidation for vendors who prepay for the service.
CMA CGM sees precipitous decline in Q1 core earnings as higher volumes failed to boost weak ocean rates.
Condor, the passenger airline with the unique striped livery on its aircraft, is marketing its ability to handle express cargo shipments.
Stord investors have provided more funding to accelerate the use of artificial intelligence in the company’s e-commerce fulfillment centers, bringing the total amount raised to nearly $800M over the past decade.
Sen. Tom Cotton of Arkansas is calling for an investigation into Chinese-controlled parcel delivery companies in the U.S., saying they receive heavy subsidies that allow them to underprice domestic carriers and could be sharing critical U.S. market data with the Chinese government.