1972: Tropicana is now exporting around 70,000 shipping tons annually with 90% going to Western Europe.
Tim Strauss is leaving Air Canada Cargo to lead Miami-based Amerijet.
Blame game: The National Transportation Safety Board says an incompetent co-pilot caused an Atlas Air cargo plane to crash. Contributing factors were an inattentive captain, poor pilot vetting by the company and the FAA’s slowness developing a database for pilot records. The pilots union only points the finger at the company and the FAA.
Total number of TEUs moved in June down 17.1% year-over-year.
U.S. shippers importing cargo from Asia are getting some price relief.
The U.S. Federal Maritime Commission enters “phase two” of its fact-finding investigation into COVID-19 impacts on container shipping in the Port of New York and New Jersey.
Transaction volumes in China surged by an incredible 430% when factories reopened at the end of February.
American Airlines and JetBlue plan to enter a strategic partnership to drive more passengers to their respective networks as they struggle with the economic fallout of the coronavirus pandemic.
American Airlines, United Airlines and Delta Airlines are planning for mass layoffs unless workers take unpaid leave or separation packages as COVID continues to batter the industry.
Top Ships, Seanergy, Castor and Globus tap equity markets to buy vessels.
Amazon’s Pflugerville fulfillment center will be located off State Highway 130, a rapidly expanding business corridor in central Texas.
CEO Jim Newsome optimistic about economic recovery in 2021.
Virgin Atlantic is recapitalizing without support from the U.K. government thanks to internal and external investors and creditors.
With safety and travel logistics in mind, the annual AirCargo Conference, which draws up to 800 attendees, will take place online in 2021.
Analysis concludes West Coast ports have lost 19.4% of market share since 2006.
Nordic American Tankers is the best stock performer among larger listed ship owners. Scorpio Bulkers is the worst.
Recipe for disaster: a pilot who made serious mistakes, panicked, had a history of reacting poorly under stress and lied about it to his employer – Atlas Air.
‘There is an increasing risk that fatigue and mental health issues could lead to serious maritime accidents.’
Delta Air Lines will retire more than 100 planes by year’s end, reducing the carrier’s available cargo capacity to some destinations after coronavirus passes.
Soon-to-launch Walmart+ service could be a win for the retail giant even if it poses no serious threat to Amazon.com.
