HK company offers stake in port terminals sale to Chinese company
Hong Kong-based CK Hutchison said it offered a stake in the sale of its global port operations to a Chinese investor.
Hong Kong-based CK Hutchison said it offered a stake in the sale of its global port operations to a Chinese investor.
South Korea proposed a massive U.S. shipbuilding partnership as Seoul looks to finalize a trade deal with Washington.
The Teamsters union says the UPS offer to buy out delivery drivers from their contract is a slap in the face.
Yemen’s Houthi rebel militia said it is escalating its campaign against Israel-linked shipping, regardless of a ship’s destination.
Despite U.S. tariff impacts, Drewry’s Global Container Port Throughput Index rose modestly in May, but better year-on-year, indicating global trade flows are adjusting.
The CMA CGM Phoenix is the largest container ship to operate under U.S. colors after reflagging.
Widebody aircraft received in the Hawaiian Airlines acquisition have allowed Alaska Airlines to increase domestic and international cargo capacity and cargo revenue as the company continues to integrate the two operations.
NATO is warning ports are under unprecedented threat from attacks that threaten global trade and defense logistics.
The Government Accountability Office has documented outdated warehouse and road infrastructure at U.S. airports, but says the Department of Transportation has failed to monitor the situation or consider policy prescriptions.
Boeing and Airbus are moving into the production phase for their next-generation freighter aircraft, which they hope to release to customers later this decade.
Hanwha Shipping of South Korea has placed an order for a new LNG carrier with Hanwha Philly Shipyard, the first such U.S.-built vessel in almost 50 years.
Shippers are stepping back from the trans-Pacific trade amid trade uncertainty and tariff fatigue.
Struggling Northern Air Cargo is exiting markets in the Caribbean and a Los Angeles-Honolulu lane to save money and focus on flying smaller aircraft in Alaska and Hawaii.
The Cargo Airline Association is applauding the U.S. Department of Transportation effort to pressure the Mexican government to reverse restrictions on U.S. carriers, which it says are anti-competitive.
Businesses will stop using Canada Post if workers decide to go on strike again, worsening the existing mail drain, according to the Canadian Federation of Independent Business.
Small- and medium-sized businesses are feeling the tremors of unpredictable U.S. trade policy and dozens of recent tariff changes.
The Trump administration is taking punitive steps against Mexico, including the potential cancellation of a joint venture between Delta Air Lines and Aeromexico, for alleged violations of a bilateral air service agreement.
Ocean container rates on the Asia-U.S. trade lane continue to fall, according to Drewry’s latest data.
Uncertainty over tariffs and shifting supply chains undercut the Port of Oakland’s June container volume.
China could block the sale of CK Hutchison’s global port facilities if it doesn’t get a stake in the deal involving a U.S. private equity firm and Mediterranean Shipping Company.