Operational expansions and a strategic move to leverage earnings against the trans-Pacific spot market helped Zim to massive profits in 2024.
The parent of Orient Overseas Container Line said 2024 earnings grew on higher revenue from supply chain disruptions that pushed up ocean rates.
The arrival of the Höegh Aurora, the world’s largest car carrier, marked a new era for Port Freeport, Texas.
The Federal Maritime Commission wants to know whether foreign countries and their shipping companies are causing supply chain constraints around the world.
Tariff fears will continue to drive higher volumes of containerized imports this spring, according to the National Retail Federation’s Global Port Tracker.
The latest Drewry World Container Index finds ocean container rates down from pandemic highs but still above pre-pandemic levels.
Air France-KLM is substituting two A350 passenger jets for freighter aircraft on its Airbus orderbook because it can get the passenger planes sooner.
Shippers and carriers watch and wait as Trump trade policy whipsaws supply chain strategies.
The International Longshoremen’s Association and United States Maritime Alliance signed a new six-year master contract covering U.S. Eastern Seaboard and Gulf Coast ports.
Global Crossing Airlines has a diverse customer base, including sports teams, rock bands like AC/DC and the parcel shipping giant DHL Express.
The barrage of policy changes in the early days of the Trump administration is making logistics professionals nervous about the risk of recession and a contraction in air cargo demand.
SmartLynx Airlines is retreating from the cargo market after losing a contract with DHL Express and will focus on charter operations for passenger airlines.
An oil tanker operating as a U.S. military support vessel was on fire off the coast of England Monday after it was hit by a Portuguese-flagged container ship.
While manufacturers initially sought tariff relief by relocating production to Southeast Asia, trade compliance experts say these “tariff-friendly” locations are increasingly vulnerable to reciprocal tariffs.
The logistics arm of the U.S. military wants to buy 10 cargo vessels to shore up its aging fleet of ships.
The Port Authority of New York & New Jersey saw continued strong container volumes in January.
A major U.S. shipyard has deployed 3D printing to create a key systems component during the construction of a new aircraft carrier.
France-based CMA CGM, a major ocean shipping and logistics company, plans to spend $1 billion beefing up its cargo airline division and establishing a base in Chicago.
While Red Sea conflict and the U.S. trade war depress container shipping rates, logistics services providers advise short-term flexibility to leverage emerging opportunities.
The French shipping and logistics conglomerate CMA CGM said it is investing $20 billion in its U.S.-based shipping, port and supply chain capabilities, using pro-American language that might appeal to President Trump.
