Surging Chinese vehicle exports are continuing to drive a global shortage of pure car and truck carriers, a leading CEO says.
Zim’s Q2 net income rose on higher rates and volume as it reaffirmed full-year guidance as its pending merger with Hapag-Lloyd progresses.
A federal permit has been granted for construction of a major new marine container terminal on the U.S. Gulf Coast.
Cargojet expects higher pilot utilization and customer rates to help cover the cost of an expensive new contract for cockpit crews.
Ocean container rates are on the rise, Freightos says, as carriers bet dollars to [terrorist] drones they can safely return to the Red Sea.
Cold chain warehouse giant Americold is leveraging Canada partnerships to create a North American network.
The Port of Los Angeles saw a near-record month on sustained consumer demand and opportunistic shippers.
ID Logistics US has settled a case of alleged pandemic relief fraud for $2.6 million.
UPS plans to shift Hong Kong all-cargo routes from Poland and Vietnam to the Philippines after getting the green light from U.S. authorities.
Healthcare logistics is a hot market and private equity firm JLL is adding to its portfolio with a deal for specialized logistics firm Life Couriers.
Resilient global trade is not only driving surprising growth, but volumes of ‘disbalanced’ empty containers, too.
CMA CGM has promoted a senior executive from its British business to head its North American unit.
Korean Air is making large capital expenditures in container handling automation and refrigerated store rooms at two key cargo hubs.
Global Crossing Airlines is dropping its lawsuit against Ascent Global Logistics as the two companies end their relationship.
A new study finds that the Strait of Hormuz is just one of many global shipping bottlenecks that can severely disrupt global trade.
DHL Express has moved into a larger terminal at Shenzhen airport in China to support direct international air flows in a busy manufacturing region.
United Airlines’ Cargo President Jan Krems is stepping down next month after a dozen years at the carrier and a reputation as one of the best air cargo executives of the past 40 years.
Yang Ming saw an early peak and higher rates pump earnings, but the outlook for H2 is less certain.
The Port of Long Beach posted its second-busiest July as imports staged a surprising surge.
FedEx founder Fred Smith was memorialized with the renaming of Memphis airport in his name and the ceremony included the arrival of a FedEx Boeing 777 freighter painted with a throwback brand design.
