Hacegaba tabbed as new CEO at Port of Long Beach
Port of Long Beach second-in-command Noel Hacegaba is moving up to chief executive as Mario Cordero departs.
Port of Long Beach second-in-command Noel Hacegaba is moving up to chief executive as Mario Cordero departs.
Container ships sailing through the Suez Canal marked the second-lowest weekly level amid talk of a return by the largest box carriers through the Mideast trade route.
U.S. ports urge strict evaluation by Surface Transportation Board of proposed transcontinental rail merger, cautioning on impact to the supply chain and economy.
Container rates on the benchmark Asia-U.S. container trade route fell due to overcapacity, while a Red Sea return may pressure rates, and congestion.
FedEx has removed MD-11 freighter flights from its December schedule. The carrier could be without the freighters for a long time as aviation authorities investigate the cause of the recent UPS MD-11 crash.
Airbus outlined plans for the final stretch of development for its next-generation A350 freighter, which has 82 customer orders so far.
Maersk denied reports that it has set a timeline to resume services through the Red Sea-Suez Canal route.
U.S. authorities have forced a $1 million settlement payment from a Miami-based all-cargo airline for allegedly defrauding the U.S. Postal Service.
United Airlines is declining to move cargo through Seattle to enable passenger aircraft to burn less fuel after a pipeline rupture created a fuel crunch.
CMA CGM has expanded barge service for containers moving from North Vietnam to the port of Haiphong and connections to the United States.
Western Global Airlines says it faces an existential crisis from the grounding of MD-11 aircraft following the UPS accident earlier this month and is laying off workers to preserve cash.
Canada Post and the mail carriers’ union have agreed to end two years of bitter negotiations pending resolution of some final details.
Canada Post is essentially insolvent and says it needs another cash infusion to survive in the midst of labor unrest and rapidly shrinking parcel business.
The left-engine separation that caused a UPS cargo jet to crash in Kentucky this month is tied to metal fatigue in a key structural component, a preliminary report by investigators said.
Walmart posted strong e-commerce numbers for the third quarter and is developing digital tools to make it even easier for customers to place online orders for delivery.
Port Houston showed strong October cargo gains, including an 18% jump in containers and a 21% surge in breakbulk.
DHL Express has switched to a larger cargo jet operating between Hong Kong and a major manufacturing region in Malaysia to keep up with transport demand.
Airbus has new orders for its next-generation A350 freighter from airlines in Azerbaijan and Abu Dhabi.
UPS is making adjustments to keep shipments moving after taking 27 MD-11 aircraft out of service for inspections trying to help customers with stranded goods in a warehouse damaged during the Nov. 4 crash of a UPS flight.
Maersk is moving its North American headquarters to North Carolina after many years operating out of northern New Jersey.