Cargojet charter demand jumps 60% on e-commerce, supply chain delays
Cargojet reported good third-quarter results and says it is adding capacity to meet expected demand growth.
Cargojet reported good third-quarter results and says it is adding capacity to meet expected demand growth.
The Swiss container carrier MSC said it is adjusting the port rotation on its United States to South America east coast service.
Two-year-old SpeedX is entering the international logistics sector with the acquisition of Accelerated Global Solutions.
Employers at the Port of Montreal say they will suspend salary guarantees for striking longshore workers who have shut down two container terminals.
The Alabama Port Authority has begun the fourth phase of its $104 million container terminal expansion project at the Port of Mobile.
The British Columbia Maritime Employers Association representing ocean carriers and terminal operators plan to lock out union forepersons after the International
Longshore and Warehouse Union rejected a final contract offer.
The growth of cross-border e-commerce shipping influenced investment house Stonepeak’s decision to acquire Air Transport Services Group.
This week in Borderlands: Major expansion project announced for Port of Progreso; Kawasaki Motors inaugurates $200M plant in Mexico; Logistics provider Veho expands into Texas; and Videndum moves into Phoenix logistics location.
Ocean shipping and logistics services provider Matson saw improved third quarter profits as higher China and domestic freight rates offset mixed container volumes. Operating income was $227 million for the three months ended Sept. 30, up from $118 million in the year-ago quarter, the Honolulu-based carrier said in an earnings release. Revenue from ocean transportation […]
The rapid expansion of global trade has complicated cross-border payments, adding costs and delays and heightening fraud risk. Financial institutions and fintech firms are implementing digital solutions to enhance transparency and security.
Ocean Network Express posted soaring results in the second quarter on strong demand in the major trades, an early peak season in the U.S. and attacks on the Red Sea trade route.
The strong air cargo market acted as a tailwind for Air Canada in the third quarter.
The parent of container liner operator Maersk turned in quarterly revenue and profits higher than a year ago as attacks on Mideast shipping led to higher operating costs – and higher rates for shippers.
China’s territorial ambitions in the South China Sea could disrupt global trade lanes and possibly lead to armed conflicts involving the U.S.
The ONE alliance of container vessel lines posted second-quarter revenue on an early peak shipping season thanks to attacks on a key Mideast route and looming East Coast longshore strike.
The parent of Maersk container line said strong demand for shipping services and higher ocean freight rates fueled growth across all businesses as it raised estimates for full-year results.
Amazon Air is looking to make money from its in-house cargo airline by renting out aircraft, including those operated by Sun Country Airlines, to shippers.
Newly announced federal spending on zero-emission equipment and infrastructure at container ports won the approval of the International Longshoremen’s Association.
Logistics powerhouse Kuehne+Nagel is an early adopter of Amazon Air’s freight transportation service, which it is using to move e-commerce shipments from China to the U.S.
Transport Canada is funneling millions of dollars to expand grain-handling facilities at the Port of Montreal.