Maersk leans into logistics with new North American chief
Maersk has promoted its Asia Pacific chief and former Schenker executive to lead its North America business.
Maersk has promoted its Asia Pacific chief and former Schenker executive to lead its North America business.
Israel-based Zim said it is evaluating multiple acquisition proposals reported to include Maersk, MSC and Hapag-Lloyd but has ruled out a buyout by its CEO.
The Asia-U.S. container market continued its Q4 volatility, with climbing West Coast rates offset by a dip in East Coast prices.
There has been no confirmation regarding online images that appear to show a Chinese cargo ship equipped with missile launchers, radar and other military hardware.
The Senate confirms former Maersk Line executive to lead the Maritime Administration, and the first of two nominees for the Federal Maritime Commission.
Following its recent acquisition of Nippon Cargo Airlines, All Nippon Airways is moving forward with a restructuring to create a leaner, more focused cargo organization.
Port Houston’s cargo volumes declined in November amid seasonal and market headwinds.
The Philadelphia Regional Port Authority announced the retirement of CEO Jeff Theobald, the fourth such leadership change at a North American port this year.
Canada Post and its largest union have finally settled their differences over a labor contract, which must still be approved by rank-and-file letter carriers.
The U.S. ocean container market is a tale of two coasts as carriers manage divergent conditions, notes analyst Xeneta.
FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but that’s a blip for a company that just reported a $1.6 billion operating income and a 19% gain in adjusted earnings per share.
A Maersk vessel made a successful transit of the Red Sea, but the carrier said it is not ready to commit to a full return to the Suez Canal trade route.
Despite trade uncertainty, Port of Los Angeles volume nears 10 million TEUs in 2025, among the top three years in its history.
The top U.S. East Coast port adds more than three decades to lease with its busiest container terminal operator as it eyes long-term growth.
Ocean Network Express will return to the Red Sea in a slot charter agreement with Regional Container Lines of China
FedEx has adjusted its air network and flying schedule to overcome the loss of grounded MD-11 freighter aircraft, but the changes have overwhelmed staff dedicated to supporting pilots laying over in destination cities.
China is pushing for state-owned ship operator Cosco to acquire a controlling stake in a $22.8 billion deal for global ports that include two Panama Canal hubs.
Capacity reductions and additional blanked sailings by carriers struggle to maintain recent General Rate Increases on the trans-Pacific.
Amazon is giving money-back guarantees to help attract customers to its new wholesale air cargo business, which aims to use unfilled space on its cargo jets with third-party shipments.
Maersk and Hapag-Lloyd said they are eliminating a U.S. East Coast call as the Gemini partners fine-tune North Europe-North America services.