Maersk’s surprising strategy amid falling freight rates
Maersk adjusted a portion of its guidance upward for 2025 earnings after a quarter that saw higher volumes but lower profits.
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.
Ocean Network Express said earnings fell in the recent quarter on weaker revenue per container, and revised its forecast lower for 2025.
UPS has completed the acquisition of Andlauer Healthcare Group in Canada.
Delta Air Lines is launching an $18 million upgrade of its Salt Lake City cargo terminal.
Cargojet has introduced its first scheduled freighter service to Europe. Latam Cargo has added more flights and new routes between Brussels and several South American destinations.
Korean Air, which has operated an all-Boeing cargo fleet, has agreed to buy seven large Airbus freighters.
Amazon has added a third freighter flight to Honolulu, paving the way for next-day parcel delivery and is carrying pineapples back to the U.S. mainland.
Air China Cargo will be the first mainland Chinese carrier to order the all-new Airbus A350 freighter.
The United States and China have suspended their respective port fees on each other’s ships amid progress on a new trade agreement.
The Port of Baltimore welcomed the Neoliner Origin, the world’s first wind-powered, industrial-scale cargo ship to arrive in the United States.
DHL has moved to a bigger package distribution center just outside Manhattan, upgraded parcel handling technology and added a freighter aircraft service to Newark as part of strategic investment in the New York market.
Trans-Pacific container rates improved 15% to 20% last week as U.S. negotiators made progress on Asia trade deals.
Port Houston completed its portion of the Houston Ship Channel expansion, while residents press for offshore disposal of potentially contaminated dredge material.
Kalitta Air is the first airline in the world to fly a used Boeing 777 aircraft that has been modified for all-cargo activity. Its first customers are DHL Express and an Israeli airline.
Recovery teams have collected major sections of a cargo jet that ran off the runway into the sea at Hong Kong International Airport.