CMA CGM Air Cargo finalizes takeover of Air Belgium
The cargo airline division of ocean shipping giant CMA CGM has more than doubled its small fleet with the acquisition of Air Belgium and the purchase of a large Boeing freighter.
The cargo airline division of ocean shipping giant CMA CGM has more than doubled its small fleet with the acquisition of Air Belgium and the purchase of a large Boeing freighter.
UPS is downsizing its workforce as it pulls back from delivering packages for Amazon, its largest customer.
Container and breakbulk cargo flows in March rose in Houston and New Orleans, while demand for crude oil continued to fuel shipments through Corpus Christi, Texas.
As U.S. tariffs freeze China exports, blank sailings and shifting traffic are helping prop up trans-Pacific container rates.
DHL said it is resuming deliveries of B2C shipments over $800 after U.S. authorities relaxed rules that had increased red tape for processing medium-value shipments.
The International Longshore and Warehouse Union on Monday blasted President Trump’s trade war with China, saying tariffs will cause massive job losses and devastate working-class families.
An asset management company in Dubai has placed a large order to convert used Airbus A330 passenger aircraft to an all-cargo configuration for customers in the India market.
President Trump’s China trade embargo is projected to devastate containerized shipments moving through U.S. ports.
Global logistics company Ceva plans to purchase Borusan Tedarik, a 3PL in Turkey, for $400 million.
Global container traffic is forecast to fall 1% in 2025 due to U.S. tariffs and trade policies, analyst Drewry says, only the third decline in its forecast history.
F. Paul De Maria, chief negotiator for the United States Maritime Alliance in contract talks with the International Longshoremen’s Association, is the new CEO of the port employers’ group.
Container rates on key trans-Pacific routes have yet to feel the full effects of the Trump trade war choking off China imports.
UPS is expanding its precision logistics capabilities in the pharmaceutical and life sciences sectors with an agreement to purchase Andlauer Healthcare Group in Canada.
A proposed trilateral cargo partnership among Qatar Airways, IAG Group and Malaysia Airlines will extend each airline’s global reach, the carriers say.
Shares of Matson, the largest U.S.-flag shipping line, are collateral damage in President Donald Trump’s trade war.
Container shipping capacity on the Asia-U.S. trade route has sharply declined as carriers ramp up blank sailings.
China’s largest shipping line says it opposes a plan to charge its ships to dock at U.S. ports.
The air cargo industry could see revenues cut by billions of dollars and China-US air rates plunge by 30% or more when the Trump administration revokes duty-free treatment for small e-commerce shipments, according to one logistics expert’s scenario modeling.
DHL says it will pause accepting certain B2C shipments after U.S. authorities eliminated the informal entry process for shipments under $2,500, which has swamped the company’s ability to process formal entries.
Following opposition from shippers, the United States will phase in port fees scaled to a vessel’s tonnage, in an effort to blunt China’s dominance in global shipping.