Tanker takeover talk heats up
Challenge to shipping M&A: No one wants to sell in a downturn.
Challenge to shipping M&A: No one wants to sell in a downturn.
A tip led investigators to the 90 bricks of cocaine weighing nearly 226 pounds.
Danish shipping giant A.P. Moller -Maersk has reached an agreement to acquire Sweden-based customs brokerage to offer increased import clearance services to European shippers.
MARAD Administrator Mark Buzby and Alaska Sen. Dan Sullivan receive Maritime Leadership Award.
Consolidated Chassis Management chief executive foresees an increased requirement for chassis to accommodate rising tide of intermodal container moves as the North American economy shakes off COVID-19.
The air freight market appears saner in recent weeks, with less competition among shippers for transport services. But the shape of the recovery is anyone’s guess and a possible demand spike for face masks and surgical gowns could create a hyper-market again.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. As we transition into July, several economic indicators concerning June manufacturing and employment have been released by various government agencies. This report summarizes findings regarding June manufacturing activity using regional manufacturing surveys […]
Excerpt: In response to the COVID-19 pandemic, transport and logistics giant DHL is enhancing its time-definite less-than-containerload sea freight delivery service.
A Bermuda-based airline sees a business opportunity with the COVID pandemic and is jumping into the cargo market.
Total cargo volume is down 7.8% this year because of reduced import demand.
AAL Shipping, an operator of “mega-size” project cargo ships, expects rebound for smaller U.S. import and export project cargoes in 2021, if COVID-19 pandemic subsides later this year.
Airlines are sweating the coronavirus pandemic despite the recent upturn in travel. El Al says it might fail and Aeromexico went the bankruptcy route.
Cargo flights from Vietnam to the U.S. were rare until COVID and the need for speed for supplies to quell the outbreak. It’s a long trip, but it can make economic sense now to make that flight without a stopover.
HTA CEO Weston LaBar says West Coast container ports have suffered a 19.4% loss in market share since 2006.
Global trade fallout from the crew-repatriation crisis has begun — and looks poised to snowball.
Carrier recognizes ‘the importance of digitalization across the shipping industry.’
Work stoppage will impact operations at two port terminals.
Shipboard COVID cases will make it even harder to roll back travel restrictions that block crew changes.
Delta Air Lines was closed for most cargo business at Chicago O’Hare airport. Now it has a schedule for reopening.
Governments, container carriers and port authorities agree it’s about time communications among them were improved.