Loaded imports, empty exports boost Port of Virginia’s FY 2021 volumes
Fiscal year 2021 was a record year at the Port of Virginia, with an increase in loaded imports and volume growth for empty export boxes.
Fiscal year 2021 was a record year at the Port of Virginia, with an increase in loaded imports and volume growth for empty export boxes.
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Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
The president of Panama, Laurentino Cortizo Cohen, visited Port Houston Thursday to celebrate five years since his country completed the expansion of the Panama Canal.
The Cuban government blames the U.S. economic embargo for its woes. The situation has worsened and authorities are allowing some cargo airlines to make flights to Havana.
Supply chain bottlenecks are raising red flags for inflation down the road.
Container ships in the congestion-plagued trans-Pacific trade have stepped on the gas, with some vessels now topping 20 knots.
Delta Air Lines is seeing strong domestic travel demand, but cargo also helped the company move beyond breakeven in the second quarter.
Total June container volume was 292,627 TEUs, a 39% increase compared to the same month in 2020.
Wave of cargo delayed by COVID outbreak in Yantian, China, is starting to hit California’s already strained terminals.
The FAA is giving airlines until the end of the year to run passenger freighters with cargo on seats and other parts of the cabin where people normally travel.
Fiscal year 2021 was not only a banner year for South Carolina Ports but also a roller coaster one as volume lows in July 2020 transitioned quickly to record number of TEUs handled.
With 39 ships at anchor, the Port of Vancouver is continuing to feel the strain as CP and CN resume service in a fire-afflicted region of British Columbia.
Delta has a stronger balance sheet than many airlines so it is going to the market to expand its fleet.