American Shipper

The $229 million deal comes as CAI International seeks to focus on its containing leasing business.

In the airline world, slots doesn’t mean playing the slot machines in Las Vegas. Slots are how big airports divide up available windows for takeoffs and landings among airlines. Airlines want regulators to cut them some slack on meeting their flight quotas during COVID, but competitors say they want an opportunity to fill the void.

Volga-Dnepr said it is taking safety precautions by grounding its fleet of mega-freighters. One of its An-124s was involved in a serious accident earlier this month.

A top general in the Canadian Armed Forces will oversee Canada’s COVID-19 vaccine distribution efforts as questions mount over timetable and logistics.

Air Canada is showing itself to be one of the most innovative airlines around. It plans to start an all-cargo subsidiary on top of new initiatives in drone delivery and seatless aircraft that can carry cargo in the cabin.

Transportation PACs offer a way for trade associations — and the smaller companies they represent — to have a political voice, proponents say.

Hapag-Lloyd and ONE chief executives will lead the “unified voice of liner shipping.”

Worries mount for crude tankers: dividend cuts, the pandemic, a stubborn floating-storage hangover … and now newbuild chatter.

Delta is having problems processing cargo in Chicago and placed an embargo on new shipments for more than a week.

Canada-based maritime terminal operator QSL becomes full owner of Transport Watson & Sycamore, a heavy-haul trucking company based in Quebec.

While each fuel-efficient conveyance may consume less fuel per mile, the cost savings may induce more miles to be driven.

UPS Healthcare is increasing its capability to provide dry ice for COVID vaccine shipments while Swiss firm SkyCell is going to market with a shipping container it says is more efficient and safer because it uses less dry ice.

Bulk soybean and corn exports are way up, but containerized ag exports are waylaid by equipment shortfalls and Chinese inspections.

“While COVID-19 has fundamentally shifted how many American families will celebrate Thanksgiving this year, we are very proud to be providing a bit of home.”

Canadian Prime Minister Justin Trudeau said his government will be ready to distribute vaccines “as quickly as possible,” but acknowledged that the manufacturing countries will prioritize their own citizens first.

e-Cube Solutions is tearing down four 747 jumbo jets from British Airways for parts and scrap. On Monday, one of the planes caught fire.

Ozzy Martinez had been transferring to a dredging vessel when he fell overboard near Blount Island in Jacksonville.

A creative sale-leaseback deal gives Alaska Airlines more Boeing 737 MAX aircraft while reducing operating and leasing costs, plus debt.

IMO 2020 and new amendments have the potential to further lower emissions for maritime freight. Carriers are using low-emission fuels, scrubbers and shore-to-ship power.

Willie Walsh was one of the most influential airline executives at British Airways’ parent company. Now he takes the reins at the International Air Transport Association.