Korean Air is a unicorn among passenger airlines. It made a profit in the second quarter, a remarkable feat given the depressed state of the airline industry.
The walk-through feature makes it possible to handle cargo within both containers without removing either from the chassis.
USPS chief DeJoy says agency is in “financially unsustainable position absent significant fundamental change.”
Airlines are saving every penny possible and with so few people traveling they don’t need more airplanes. That’s hurting sales at Airbus and Boeing.
Euronav and Scorpio Tankers highlight attractive fundamentals after floating storage wraps up.
Timothy M. Murray had guided vessels in and out of the Port of New York and New Jersey for more than eight years.
Beirut is in a state of emergency following a giant chemical blast. Governments are sending cargo planes with basic necessities to help the survivors.
Container carriers are rerouting goods and assessing damage following Tuesday’s blast.
Atlas Air Worldwide’s big cargo planes have been in flying full tilt since the novel coronavirus metastasized in March. Combine that with high rates and you’ll understand why r revenue and profit grew so much in the second quarter.
Multipurpose marine terminal operator Enstructure says the purchase of Ambassador Services in Port Canaveral establishes its presence in U.S. Southeast.
Air Transport Services Group
Federal government asked to contribute $3 billion to cover projected losses.
Ports on the Atlantic are losing imports from Europe as well as Asia.
Container lines, some with damaged or destroyed buildings, are scrambling to reroute cargo bound for Lebanon.
Logistics providers are worried that new emergency measures to combat a COVID resurgence in Victoria, Australia, will hamstring deliveries of imports and exports.
Deutsche Post DHL saw a significant rise in e-commerce activity during the second quarter due to continued COVID-19 travel restrictions and retail store closures.
The cargo divisions at Air Canada, IAG/British Airways and Air France-KLM played dominant roles for their respective airlines in the second quarter, creating cash flow. Typically, they barely register on the financial statement. What happened?
Lebanese officials blame confiscated highly explosive material for the blast, according to reports.
The U.S. Federal Maritime Commission found during its Fact Finding 29 investigation that the Port of New York and New Jersey showed supply chain resolve during the coronavirus pandemic.
Two logistics parks are in operation nearby and more are to come in Alabama.
