Imports of containerized cargo through U.S. ports finished just shy of a monthly record in July, headlined by a recovery of China shipments through the busiest American gateways.
Retail industry trade group forecast import volumes to finish this year 5.6% behind 2024 levels.
The decline of ocean container rates on the critical Asia-U.S. route is unstoppable amid President Trump’s economic war on China and reset of global trade policy, says analyst Xeneta.
Georgia ports moved the most containers in a year since 2022.
Maersk revised its full-year forecast upward on “resilient demand”
Cargojet posted unspectacular results for the second quarter, but analysts considered that good because of the global trade uncertainty caused by new U.S. tariff policies.
DHL has extended its long-term dedicated transport contract with Cargojet with two years left on the existing contract.
The recent storm of trade news failed to move the needle for trans-Pacific container rates.
Air Lease said its decision to ditch an order for Airbus A350 cargo jets was based on development delays and its preference to focus on passenger aircraft.
DHL said the U.S. crackdown on tariff-free trade for cheap overseas packages is impacting volumes and its bottom line.
Saltchuk Aviation, which is downsizing its air cargo operation, sold StratAir’s cargo handling business to acquisitive airport services provider PrimeFlight Aviation.
Two companies behind the containership involved in the deadly 2024 Baltimore bridge collapse are suing the ship’s builder.
Matson said earnings were weaker as trade and tariff volatility hit volumes on China routes.
Canada Post mail carriers turned down the company’s last contract offer, extending a 20–month labor dispute that has helped private couriers siphon package business from the postal operator.
The government of Panama is going to court to challenge Chinese operating contracts for two ports adjacent to the Panama Canal, potentially setting up a bid by a U.S. conglomerate.
All Nippon Airways has acquired Nippon Cargo Airlines after waiting 28 months for regulatory clearance.
Sun Country Airlines is preparing the final three aircraft from Amazon to enter into service by the end of this quarter, just in time for the peak shipping season.
The former U.S. regulator for ocean shipping has exchanged the American flag for a lobbyist’s briefcase.
Liner operator CMA CGM said it is interested in buying CK Huchison’s global marine terminals.
The Port of Los Angeles is poised to reap the benefits of Union Pacific’s acquisition of Norfolk Southern, its top executive says.
