Airlines are heavily in the red and a big shrink in passenger revenue last year is to blame. The International Civil Aviation Organization quantifies the results and gives its outlook for 2021.
Asia-West Coast spot rates are up 173% year on year. Rail and trucking volumes from ports are up double digits.
The first airports are releasing cargo performance data for 2020. Hong Kong and Amsterdam took a hit.
Higher fuel prices are bad news for box shippers. Higher fuel spreads are good news for owners with scrubber-fitted fleets.
The 8,113,315 TEUs moved in 2020 stacked up as a record year for the Port of Long Beach.
United has made cargo a priority during the pandemic. The number of passenger cargo flights it operates is evidence of that.
The jump in passenger traffic for U.S. airlines during the Thanksgiving and Christmas holidays was a mirage, not a sustainable source of revenue for overcoming the coronavirus crisis. On Thursday, Alaska Airlines said passenger volume and revenue since October has retreated again and Delta Air Lines (NYSE: DAL) sounded less optimistic about the next few […]
“The way we responded to the challenges, kept commerce moving and preserved jobs is a story that we will all remember for a long time to come,” says Port of Los Angeles Executive Director Gene Seroka during his State of the Port address.
Delta Air Lines is bringing in new blood and hiring from within as it works through the impact of the coronavirus pandemic.
Delta’s downsizing helped it contain costs during an extremely challenging pandemic year. On Thursday, it reported a fourth-quarter loss before taxes of $2.1 billion.
There are more container ships stuck off California than at any time since 2004. What’s behind the pileup? When can it be cleared?
Thanks to a resurgence of imports that began in late summer, Port Houston moved 2,989,347 TEUs in 2020.
New COVID travel restrictions have dealt Canadian airlines and their workers another blow. The financial road ahead looks scary until vaccines start working.
An electronic bill of lading must be in a format that ensures interoperability across multiple user interfaces.
Amazon is the bogeyman for many people. Freight forwarders say if they have to screen cargo to get it on all-cargo planes then electronic retailers like Amazon should too. They see a double standard in the making by the Transportation Security Administration.
Boeing is pulling the plug on its 747-8 production line, and Atlas Air is snapping up the last planes. DHL Express is also ordering 777 freighters.
The opening of the Hugh K. Leatherman Terminal and deepening of Charleston Harbor are expected to make for an even brighter 2021.
An LNG ship is now earning more than any other vessel in history. Extreme weather in Asia has propelled LNG rates into the stratosphere.
A new type of air cargo plane is entering the market to much fanfare. The Airbus A321 has many capabilities. Titan Airways is getting the second freighter ever produced.
Dachser promotes Burkhard Eling to CEO; GlobalTranz hires Bryan Foe as SVP; the Containerization & Intermodal Institute appoints Randy Bayles to its board; and Illinois Railroad Association taps Michelle Kelm as executive director.
