Trade volatility hits Hapag-Lloyd profits
Hapag-Lloyd saw profits tumble as global trade uncertainty hurt container rates despite higher revenue.
Hapag-Lloyd saw profits tumble as global trade uncertainty hurt container rates despite higher revenue.
The European Union is cracking down on the wave of low-value e-commerce shipments from China. Importers could soon have to pay duties on parcels that currently can enter the zone for free.
Descartes: U.S. container imports in October posted only the second month-over-month decline in the past decade.
ST Engineering has bought two standard-size Boeing converted freighters that it plans to lease to customers.
Yemen militia’s possible halt to Red Sea attacks may drastically cut shipping freight rates, but uncertainties persist.
FedEx says it has implemented backup plans to continue delivering parcel and freight shipments without interruption after 25 widebody cargo jets were sidelines for inspections after the UPS aviation accident.
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.