“Look, Mom, no seats!” That’s Korean Air saying it’s flying a passenger plane with the seats removed because it can make more money putting cargo on the floor.
After decades of safety improvements, a deadly stretch of casualties for ocean shipping.
ArcBest, Crane Worldwide, Fullen Dock & Warehouse, Grupo TMM, Premier Manufacturing, Southeastern Freight and United Airlines announce promotions and hires.
Companies that need to move goods by air will need to increase their transportation budgets to get through the fourth quarter as low capacity ignites airfreight prices.
A.P. Moller-Maersk’s recent announcement that Damco will no longer exist as a separate brand is expected to drive some shippers into the arms of others.
CMA CGM bonds that traded at 55 cents on the dollar in March are now trading near par.
The ongoing US-China trade spat and subsequent US tariffs on $500 billion of Chinese goods has catapulted Mexico back to No. 1.
Crude-tanker rates on the benchmark Middle East-Asia run are now deep in the red.
Some people call it the Flying Forehead. The A380 is a double-deck plane that airlines quickly parked when the coronavirus destroyed travel demand. Now, Emirates is starting to fly a few of the mammoth planes.
National Multimodal Freight Network expected to be released later this year.
No part of United Airlines was spared from job cuts announced Wednesday, but the cargo division’s roughly 50 job losses are far fewer than those in other parts of the company.
MD Logistics, a specialist in handling temperature-controlled pharmaceuticals, will operate as a subsidiary of the Japanese logistics services provider.
McKinsey warns that global shocks will become more frequent and shippers must improve the resiliency of their supply chains.
The viability of the airline industry is at stake because COVID has mostly wiped out passenger travel. The group’s global trade association is pleading with governments to help airlines with rule changes and financial aid.
3PL’s MyParcel provides European e-commerce customers a scheduled, yet competitively priced shipping service between existing express and postal.
President Trump’s new measures are aimed at addressing steel import issues affecting American producers during the COVID-19 pandemic
Intermodal was supposed to be the growth engine for rail.
Many postal services were underfunded prior to the coronavirus pandemic and now have extra demands for their service. UN agencies involved in air transport and postal operations want governments to help postal logistics with financial aid and operational flexibility.
U.S. passenger travel seems capped at about 70% of last year’s level until there is a coronavirus vaccine. International travel is a dumpster fire — carriers heavily exposed to international markets will take longer to fix their balance sheets.
Layoffs loom. Maersk maintains changes are not about cutting costs amid COVID, but about improving service.
