Alaska Air lost $232 million on a net basis in the first quarter, but everything is relative these days and the loss doesn’t look so bad given the state of the airline industry.
Singapore-based container carrier digs out from $586 million fiscal-year loss to report $105 million profit and procures 5,000 40-foot units.
Kirby Corp pulls 2020 guidance but inland barge utilization is still strong at 90%.
Cargo in the hold, in the storage bins, under seats, on top of seats and with the seats removed. It’s all happening. And now some airlines are doing infill cargo with some seats removed.
Three former competitors’ collaboration had drawn criticism from the World Shipping Council and International Longshoremen’s Association.
New data from eeSea reveals that U.S. ports will see capacity plunge by up to 20% this month.
Some national chapters are offering memberships to those working at sea during the coronavirus pandemic.
U.S. Federal Maritime Commission asks lawmakers to consider “financial bridge” to help container terminals make their lease payments.
Air Canada is trying to navigate the darkest period in aviation history through cost cuts, financing and new cargo operations.
United Airlines is steeling itself for a worst-case scenario that leisure and business travelers will not resume flying anytime soon, even with coronavirus restrictions lifted.
Chief marketing officer, service center manager and executive vice president are named.
United Airlines isn’t sugar-coating the airline industry’s economic reality. United expects to survive the coronavirus crisis, but business will be slim for months to come.
The SS Tropicana routinely hauls 650,000 gallons of orange juice from Florida to New York every eight days.
Shippers and forwarders will be cautious with how much cargo they commit to the ocean container carriers this contract season, industry experts say.
“So All Forward not only gives us access to rates, but it gives us the platform to get opportunities,” said Derek Scarborough of Global Logistical Connections Inc.
The logistics sector specializes in figuring out creative solutions to transportation and trade impediments, and a pandemic is the ultimate test. Check out what DB Schenker and Airbus are doing to increase airfreight capacity.
Liners could scrape bottom over next two months, then recover.
Combined transportation and logistics powerhouse grows gross profit despite impact from COVID-19.
International association of forwarders says members have tools and knowledge to ease container-shipping pain of the COVID-19 pandemic.
American is slashing expenses, but not fast enough to stop big profit losses. Here are the details on its first quarter and what it expects going forward.
