As tariff window closes, trans-Pacific ocean container rates tumble
Months of frontloading by importers has further weakened trans-Pacific container rates amid a seasonal lull.
Months of frontloading by importers has further weakened trans-Pacific container rates amid a seasonal lull.
Air Transport Services Group had lackluster results in 2024 but hopes that leasing Airbus A330 freighters for the first time this year will improve the bottom line.
Many major retailers are sounding the alarm about the potential impact of tariffs on their businesses and consumers, but some hope for benefits from the trade disruption.
President Donald Trump told Congress that the United States plans a range of incentives to revitalize domestic military and commercial shipbuilding.
A consortium led by U.S. private equity firm BlackRock has agreed to purchase the Panama port terminals owned by CK Hutchison of Hong Kong.
A private developer has started construction on a speculative cargo terminal at Milwaukee airport with the goal of bringing more direct air cargo service to shippers in Wisconsin.
A ONE container ship hit the bow of a Maersk boxship in Hong Kong.
Marseilles, France-based CMA CGM saw shipping revenues and earnings improve on assorted geopolitical stresses in 2024.
Southwest Airlines is searching for someone to lead its cargo division after Wally Devereaux announced his retirement.
The U.S. Postal Service said it is moving ahead with a transportation streamlining initiative, which requires changing the frequency of truck connections between remote post offices and regional processing centers.
U.S. intermodal chassis manufacturers are again asking the federal government for protection against chassis made in Mexico, Vietnam and Thailand.
The U.S. Port of Hueneme and ocean carrier NYK Line (OTC: NPNYY) have signed a memorandum of understanding (MOU) to establish a green automotive shipping corridor between Japan and Southern California. The signing ceremony took place on Feb. 12 at the port, the companies said in an announcement. “The MOU solidifies the commitment of both […]
Air cargo’s hot run had to cool off at some point, but new U.S. trade measures against Chinese parcel shipments mean the industry could be in for a surprisingly quick reversal of fortune.
The Port of Baltimore saw its second-best year for cargo, as it continued to recover from the Key Bridge disaster.
Gulf Coast ports’ January cargo volumes were up in Houston and Corpus Christi, Texas, but mixed in New Orleans.
After months off frontloading by importers that boosted prices, container rates on the trans-Pacific are declining following Lunar New Year, said analyst Freightos.
Members of the International Longshoremen’s Association voted overwhelmingly to
approve a new six-year contract with employers at Eastern Seaboard and Gulf Coast ports.
Proposed U.S. port charges aimed at China are the latest undercurrents roiling the global container market.
A plan to promote U.S. maritime interests by penalizing China shipping only complicates supply chain woes, say experts.
Australian logistics software provider WiseTech is in the midst of a governance crisis after four board members resigned.