Lower revenue, higher costs drive Hapag-Lloyd to loss
Hapag-Lloyd posted a loss in the first quarter as lower volume and weaker rates hit earnings.
Hapag-Lloyd posted a loss in the first quarter as lower volume and weaker rates hit earnings.
The Justice Department is bringing criminal charges against the operators of a container ship that crashed into a Baltimore bridge in 2024, killing six people.
Chassis provider CCM has expanded its management team with a new senior vice president/general counsel coming over from a major Japanese auto maker.
One of the world’s biggest ocean shipping forwarders officially opened its new U.S. headquarters in New Jersey.
The Port of Los Angeles posted its second-best April ever as consumer-fueled volumes surged above year-ago levels.
Six months after the crash of a UPS plane and the FAA ordered the grounding of all MD-11 aircraft, FedEx has been authorized to fly the freighter jets again.
The U.S. Postal Service has selected a former UPS executive as chief strategy officer.
A bulk carrier managed by a U.S. company was one of several vessels hit by suspected hostile fire in the Persian Gulf.
The U.S. Department of Transportation has launched an initiative to explore powering cargo ships with onboard nuclear reactors.
While Portland has struggled to keep the doors open at its lone container terminal, the Maritime Administration has awarded a grant to a similar project from a competing port.
The Georgia Ports Authority’s annual conference showcased supply chain solutions addressing global trade challenges.
FedEx is in the final stages of resurrecting its MD-11 fleet after helping Boeing redesign a part that contributed to the fiery crash of a UPS jet in November, executives said during an employee briefing on Wednesday.
Maersk said first-quarter profits fell as weaker rates undercut increased volumes in the ocean container business.
Sarah McCoy will lead the Port of Virginia as CEO and executive director after serving in an interim role this year.
DHL is ditching the Deutsche Post corporate name and giving it to its Post & Parcel Germany unit as part of an internal reorganization.
Sun Country Airlines is preparing for a late June deployment of two new freighter aircraft provided by Amazon to increase air capacity in its domestic logistics network.
The Iran war is impacting FedEx operations in Dubai, which wants U.S. permission to pause flights there from Hong Kong so it doesn’t lose the right to fly that route.
While Panama chased a Chinese terminal operator out of its ports, U.S. companies face long odds in bidding for those port concessions, a source says.
The United States paused military escorts of ships in the Strait of Hormuz after a missile attack on a French container vessel injured crew members Tuesday.
Qatar Airways Cargo is restoring service to Baghdad despite ongoing hostilities in the Gulf region.