Ocean rates tested by capacity conundrum
Container lines are using rate hikes and blank sailings to manage capacity surplus and faltering demand.
Container lines are using rate hikes and blank sailings to manage capacity surplus and faltering demand.
Frontloading that fueled an early peak import shipping season helped keep Port of Long Beach container traffic ahead of 2024’s record pace despite a weaker October.
Freightos has adopted an automated payment processing system from Transcard that comes with embedded financing to facilitate air cargo bookings.
The UPS pilots’ union is helping members and families of the victims cope with last week’s tragic plane crash.
The U.S. Trade Representative officially suspended fees on cargo ships built in China, which whipsawed global shipping struggling to cope with the effects of tariffs and a realigning of trade.
The Suez Canal Authority held discussions with major ocean shipping lines to discuss a return to the strife-torn Red Sea route.
The FAA has prohibited all MD-11 aircraft from flying after the deadly crash of a UPS MD-11 cargo jet this week.
UPS and FedEx have temporarily grounded all 57 MD-11 freighter aircraft in their fleets to conduct checks following the catastrophic accident involving one of the planes this week.
Container ports will see a more pronounced import slowdown to start 2026, the National Retail Federation predicts.
DHL Global Forwarding has made some big changes in its digital strategy and Americas region organization.
The U.S. government’s mandate for a 10% reduction in flight activity at major airports for safety reasons will cause headaches for air logistics operators, but the impact on supply chains could be limited.
The Houston International Maritime Conference brought together executives, carriers and freight stakeholders to discuss shifting global trade flows.
The Office of the U.S. Trade Representative is asking for public comment on the proposal to suspend port fees on Chinese ships.
A slate of China agreements clears some of the uncertainty around ocean shipping, but questions still surround demand in the U.S. and other markets.
Maersk adjusted a portion of its guidance upward for 2025 earnings after a quarter that saw higher volumes but lower profits.
UPS is quickly getting back to work at its Worldport air parcel hub after a one-day suspension of cargo operations because of a major aircraft accident.
The National Transportation Safety Board will conduct an exhaustive examination of the events leading up to the crash of a UPS MD-11 freighter on Tuesday, but hopes to quickly finish evidence collection on the Louisville airfield so UPS can resume critical shipping activity.
As climate volatility intensifies, Panama Canal Administrator Ricaurte Vásquez says a new reservoir and diversified cargo infrastructure are essential to protect the canal’s future.
Matson saw its shares gain as a positive outlook for China-related shipping outweighed weaker financial results in the third quarter.
Emergency crews are responding to a UPS Airlines plane crash at the Louisville International Airport in Kentucky.