American Shipper

Fewer options means less competition and less incentive to control costs.

Vessels are backed up on both ends of the Suez Canal as tugs work to free the ultra large container ship Ever Given.

California’s container-ship traffic jam is slightly less jammed but import pressure remains high. One analyst warns the worst may be yet to come.

The Port of LA will use tax funds for repairs needed to address its booming business.

USA Jet Airlines, a small cargo operator, is converting old MD-88s into freighters. Airlines gave up on this plane, so why is anyone investing to reuse these aircraft?

Ocean carrier ZIM just released record results and confirmed huge gains for contract rates. So why did its stock sink?

The world’s largest shipping line says it has changed its ways and is no longer playing the spot market, instead going steady with long-term partners.

One of the Kalitta cargo companies is trying to stop a small Mexican airline from providing cross-border service between Mexico and the U.S., a market that it serves too. It doesn’t want free trade in transport services because it might cut into its business.

1997: “Comparing our project to the Panama Canal is to confuse an apple with an orange,” New York lawyer Don M. Bosco said. “Our competition won’t be the canal. Instead, we intend to take significant business from the 3,000-mile U.S. landbridge system.”

Newbuild-to-fleet ratio now 15.3%, up from 9.4% in mid-2020. But orders are not high enough yet to wave red flags.

Hong Kong has ratcheted up quarantine requirements on inbound pilots, escalating tensions with the U.S. and impacting the operations of express carriers UPS and FedEx.

Another strike at the Port of Montreal increasingly likely after longshoremen reject contract as seven-month truce expires. Railroads and trucking companies, meanwhile, brace for scramble to Halifax.

Sun Country normally flies to sunny destinations. But with Amazon as its cargo customer, it’s heading to Fairbanks, Alaska.

“2020 has been exceptional, with stellar performance in the industry,” says Hapag-Lloyd CFO Mark Frese.

There’s no time for deliberation these days if you want to get high-value cargo shipped by air. It’s a strong seller’s market in the air cargo world. If you see it, book it and don’t worry about the price.

Fireworks could be stuck at sea by the time the Fourth of July rolls around. Blame massive port congestion and overloaded freight networks. The fireworks industry is asking the Biden administration to provide a fix, but what can it do?

There is a direct correlation between stimulus checks and the surge in e-commerce spending, according to SEKO US.

Deutsche Bank’s Amit Mehrotra on how long import surge could last and upside potential for container, dry bulk and tanker stocks.

Port Houston is positioning itself as a viable option for handling more containerized imports from Asia.

“Today we are in the seventh month of a historic import surge driven by unprecedented demand by American consumers,” says Gene Seroka.