UPS forecasts softer peak shipping season
UPS’s financial performance bounced back in the third quarter, but it flagged macroeconomic weakness and in-store shopping as potential headwinds for fourth-quarter volumes.
UPS’s financial performance bounced back in the third quarter, but it flagged macroeconomic weakness and in-store shopping as potential headwinds for fourth-quarter volumes.
A Greek-owned freighter capsized and sank after being hit by a bulk carrier in Senegal’s port of Dakar.
The second-busiest U.S. container gateway moved record levels of cargo in September and in the third quarter on diversions ahead of an East Coast work stoppage and continued demand for holiday merchandise.
Strong third-quarter volumes have the world’s second-largest ocean container line upgrading its forecast for higher full-year returns.
An early peak shipping season, strong economy and resilient consumer spending boosted container volume to a record quarter at the Port of Los Angeles.
A record number of port calls by container ships presages higher forecast growth for the sector, according to a U.N. report.
DHL Express says a new aircraft maintenance hangar and extra parking positions now under construction will minimize the amount of time aircraft are out of service and increase capacity at its U.S. superhub near Cincinnati.
Ocean Network Express and terminal operator DP World created a message on a dockside canvas during Breast Cancer Awareness Month.
Emirates has placed an order for five current-generation 777 freighters and is eyeing a big order for next-generation freighters from either Airbus or Boeing.
An early peak shipping season, strong economy and resilient consumer spending boosted container volume to a record quarter at the Port of Los Angeles.
Azul Airlines will soon deploy its first two Airbus A321 passenger-to-freighter aircraft.
Portwide expansion and upgrades for ship, rail and truck have Charleston, South Carolina, officials eyeing annual capacity of 10 million TEUs for the fast-growing Southeastern maritime hub.
Consol Energy is suing the owner of the ship that caused the Baltimore bridge collapse that forced the company to shut down its export terminal for most of Q2.
The air cargo sector is finishing the year with a flourish as peak season demand pushes freight rates even higher.
SeaPort Manatee near Tampa, Florida, is slated to get millions of dollars in emergency state funding to help recover from the effects of Hurricane Milton.
A partial work stoppage at the Port of Montreal follows a three-day strike earlier this month by union dockworkers at Canada’s second-busiest port.
Boeing is scaling back production plans for the 767 and next-gen 777-X freighters, which could create a shortage of widebody cargo aircraft later this decade.
The Georgia Ports Authority is positioning the Port of Brunswick to be the leading ro/ro gateway on the U.S. East Coast, investing millions in expansion and harbor upgrades.
Maersk has taken over a major logistics function in the United States on behalf of Levi Strauss, feeding merchandise to the retailer’s stores and filling online orders.
The general aviation airport in Gary, Indiana, is expanding cargo infrastructure to help UPS. There is also a Field of Dreams mentality: Build it and other cargo carriers will come.