Riptide of change roils ocean shipping
As logistics providers look for the greenshoots of spring’s business revival, ocean shipping is seeing a range of changes weighing on the outlook for the maritime supply chain.
As logistics providers look for the greenshoots of spring’s business revival, ocean shipping is seeing a range of changes weighing on the outlook for the maritime supply chain.
A U.S.-flag line says Jones Act carriers provide stable, long-term commitments even as President Trump suspended the shipping law barring foreign lines from hauling cargo between American ports.
Mediterranean Shipping Co., the world’s largest ocean container carrier, has acquired joint ownership stake in a fleet of tankers.
FedEx delivered strong third-quarter results, buoyed by volume and yield growth and structural cost savings.
All-cargo airline 7Air has named Ed Wegel as its new CEO seven months after the company began revenue service.
Maersk’s Sam Coiro explains how the ocean giant uses its existing fulfillment infrastructure and multi-carrier network to deliver packages coast to coast with one label, one invoice and one tracking number.
Exports prop up overall container volumes at the Port of Long Beach.
FedEx has put 10 more shipping stations on the chopping block as it integrates two separate delivery networks into a single, efficient operation.
President Trump has temporarily waived the Jones Act for energy shipping and other commodities after the war in Iran sent gas prices soaring.
Port of Memphis Executive Director Randy Richardson, who led development of the inland hub, will retire at the end of this year.
One shipping line is charging shippers for free extended storage time in the war-torn Persian Gulf, while several countries are reportedly in talks with Iran to get trapped vessels safely through the Strait of Hormuz.
The ranking member of the Senate budget committee said bipartisan progress was being made on the highway bill and other crucial transportation funding legislation.
Atlas Air has handed Airbus a major victory over Boeing in the widebody freighter market with an agreement to purchase 20 large A350 cargo aircraft.
Amazon has taken the lead as the largest U.S. domestic parcel carrier and smaller independent couriers are also taking market share from the U.S. Postal Service, FedEx and UPS.
Lufthansa’s cargo division sees more profit opportunities in sectors that require specialized handling services and from using AI and automation to enhance the customer experience and operations.
The newly-appointed chief of the U.S. shipping regulator says the United States must completely rebuild its industrial maritime complex if it wants to reclaim leadership on the global stage.
The United Kingdom plans to send minesweeping drones to reopen the Strait of Hormuz instead of Trump’s demand for ships, fearing escalation of violence that has blocked oil shipments from the Persian Gulf.
Ocean carrier CMA CGM will re-flag 30 ships under the French flag, a year after its chief executive appeared in the Oval Office to support plans to revive the American maritime sector.
A farm trade group warned President Trump that the closure of the Strait of Hormuz could send fertilizer prices higher, potentially raising food prices for consumers.
Amazon Air has added more destinations to its air transport network in India.