FedEx orders Boeing 777 and ATR cargo aircraft, delays MD-11 retirements
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.
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.
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.