Trans-Pacific, East Coast ocean rates strong in late November
Container rates to the U.S. West and East coasts stayed above $5,000 per FEU as tariff talk and labor issues shadowed shippers’ plans.
Container rates to the U.S. West and East coasts stayed above $5,000 per FEU as tariff talk and labor issues shadowed shippers’ plans.
The air cargo market will double in size over the next 20 years, and express will be the industry’s main growth engine, Boeing said in a new forecast.
The Chinese bulk carrier Yi Peng is suspected in damage to undersea communications cables in the Baltic Sea.
Container volumes in Houston and New Orleans fell in October, while Corpus Christi, Texas, was boosted by crude oil shipments.
Maritime transportation could be vulnerable to remote attacks, the U.S. Coast Guard states in a new security directive.
Delivery of replacement aircraft for five freighters recently retired by Avianca Cargo has been pushed back by six months or more, but the airline has still been able to maintain revenue levels.
KF Aerospace is swapping out old Convair cargo planes for more modern ATRs that will fly packages for Purolator in British Columbia.
Terminal operators and ocean carriers at the Port of Montreal have agreed to mediation in bargaining on a new longshore contract.
Israel’s richest man exits Zim shipping as Red Sea attacks send ocean lines’ profits soaring.
A DHL cargo plane crashed Monday morning in Lithuania, killing one and leaving three others injured.
The air cargo market has enjoyed a banner year, but the peak shipping season is less pronounced.
Recovery efforts for an Amazon Air freighter at Vancouver airport in Canada are underway.
There are some delays as Canada’s top import gateways work off backlogs of containers from labor-related shutdowns.
The Port of Los Angeles posted record container volume in October on resilient consumer spending and a strong economy.
Zim saw a decision to leverage its business against spot rates pay off on surging demand in the trans-Pacific trade.
The American Apparel & Footwear Association said the U.S. should do more to protect Mideast shipping as attacks on vessels spur “unsustainable” higher costs and delays.
An Amazon charter flight operated by Canadian partner Cargojet overshot the runway at Vancouver airport, impacting flight operations.
MIAMI BEACH, Fla. – Etihad Airways has decided to exercise an option for three Airbus A350 next-generation freighters, bringing its total order to 10 aircraft, said Stanislas Brun, vice president of cargo, in an interview with FreightWaves. The Middle East carrier in 2022 committed to buy seven A350 future model cargo jets but is motivated […]
The New York Shipping Exchange announced it has closed a Series C funding round and launched a series of shipping rate indexes.
Four new container cranes will help the Port of Virginia handle ultra large container vessels at Virginia International Gateway.