Maersk subsidiary APM Terminals has signed a 33-year lease with the Port Authority of New York and New Jersey, the longest in port history.
Port fees on Chinese ships are aimed at boosting U.S. shipbuilding but could have follow-on effects for intermodal traffic, too.
A top-secret group chat of U.S. officials discussing details of attacks aimed at reopening Red Sea shipping inadvertently included a journalist.
The National Transportation Safety Board said proper risk assessment by the state of Maryland could have averted the collapse of Baltimore’s Key Bridge that killed six road workers in 2024.
Cosco Shipping Holdings, China’s largest container carrier, saw heady improvement in revenue and profit in 2024.
The Port of Seattle says a controversial plan to rezone part of downtown for residential development will chip away at the city’s industrial base.
FedEx has switched from downsizing to incrementally growing its air cargo fleet by ordering large 777 freighters and postponing plans to retire older MD-11 jets.
Ocean container rates on trans-Pacific routes to the U.S. continued to decline in the latest survey from Freightos.
The Port of Long Beach saw double-digit gains in overall container volumes in February.
Red Sea diversions hit liner operator Hapag-Lloyd’s profits despite higher revenues in 2024.
The leading U.S. container gateway saw overall volume climb in February.
Fresh off a year of recovery and stabilization, chassis manufacturers are counting on upgraded technology and revitalized fleets to maneuver through challenges in 2025.
China has halted imports of liquefied natural gas from the U.S. as the global trade war intensifies.
Canadian ports on both coasts are grappling with extended dwell times, according to forwarder DHL’s March ports update.
Several small or midsize airlines that operate freighter aircraft are giving up on cargo flying to focus on business-to-business passenger flying and subleasing aircraft because of limited business opportunities.
Wan Hai Lines, one of the Big Three Taiwanese container carriers, saw record revenue and profit in 2024.
Evergreen Marine Corp., the world’s seventh-largest box carrier, saw revenue and profits climb in 2024.
Yang Ming Transport Corp. said the Red Sea crisis and emerging Asian markets helped profit soar by nearly $2 billion in 2024.
Postmaster General Louis DeJoy is welcoming assistance from Elon Musk’s DOGE team to help address perceived mismanagement by partner agencies and the Postal Service Commission.
Container terminal operator DP World reported record revenue in 2024 but weaker overall profit.
