Airline group issues distress call as projected losses reach $128B
Airlines are slowly adding flights, but don’t mistake that for market optimism. Bookings are trending down for the winter and airlines are bleeding billions in cash.
Airlines are slowly adding flights, but don’t mistake that for market optimism. Bookings are trending down for the winter and airlines are bleeding billions in cash.
The Intermodal Motor Carriers Conference insists the U.S. Federal Maritime Commission has jurisdiction to ensure that ocean container chassis provisioning is conducted fairly.
At airlines, cargo is typically the junior partner to passenger service. During COVID, the roles are reversed and United Airlines is using its cargo network to support more passenger service.
MV Rhosus carried the 2,750 tons of ammonium nitrate cited as the cause of August’s devastating blast.
Another key bellwether — the cost of dry bulk freight — is pointing to an economic recovery.
TJX’s new 1.6 million-square-foot distribution center in El Paso will likely rely on factories in Juarez, Mexico, as part of its US-Mexico supply chain.
The South Korean carrier signed a contract for the ultra-large vessels in September 2018.
When it comes to freight audit and payment strategy, shippers don’t operate as a monolith.
Cheng Cheng-Mount was appointed to the Taiwanese carrier’s board in 2018.
SAL Heavy Lift Group sees Intermarine expanding its ability to serve project cargo shippers throughout North and South America.
The inability of ocean carriers to timely inform shippers of schedule changes results in costly logistics disruptions and potential for lost international sales.
More airlines and logistics firms are fortifying their pharmaceutical handling capabilities and credentials ahead of an expected COVID-19 vaccine release. Several companies this week announced new product offerings, investments or logistics arrangements aimed at vaccine manufacturers. Industry officials have warned that there isn’t enough cold-chain infrastructure worldwide to support an immediate delivery schedule, and urged […]
The harbor commission voted to replace the aging Gerald Desmond Bridge in August 2010.
1971: Jacksonville, Savannah and Charleston duke it out for Southeastern port crown.
Announcement of IT EVP and chief digital officer appointments doesn’t mention this week’s ransomware attack.
National Airlines – not National the car rental company – is adding three 747s to its freighter fleet at a time when shippers are desperate to find airlift.
The air cargo industry is operating with an anchor tied around its waist: The absence of strong passenger service.
‘Get ready for the biggest restocking cycle on record,’ says Jefferies.
Tim Robertson succeeds Bill Meahl, who will continue to serve in an advisory role until his retirement next September.
U.S. Federal Maritime Commission anticipates COVID-19 impact on U.S. supply chain to continue into the first half of 2021.