The pilots union at ABX Air, a large contract carrier for DHL, is taking a novel approach toward labor relations by promoting the company at industry trade shows.
Ship recycling has fallen to its lowest level in 20 years, per a recent report by the Baltic and International Maritime Council.
Express delivery giant UPS is recruiting pilots again after beating out FedEx for the Postal Service’s air transport contract.
Federal regulators are bracing for a surge in container late fee complaints as ocean carriers and shippers process alternate routing options following the collapse of the Francis Scott Key Bridge.
The U.S. Postal Service picked UPS to replace FedEx as its primary partner for moving parcels by air, but analysts say FedEx actually comes out ahead by losing the business.
A key ocean container spot rate benchmark dropped nearly 18% this week.
iAero, a contract carrier for DHL Express, says it is going out of business by the end of the week.
UPS will take over flying mail and parcels for the U.S. Postal Service later this year. FedEx is relinquishing the contract but says the move will make it more profitable.
If China and Russia find the Houthi problem in the Red Sea as intractable as the U.S. and its allies have, it would all but halt what little maritime traffic remains in the region.
Ports in New Orleans and Corpus Christi, Texas, recorded year-over-year increases in cargo volumes in February.
FedEx and UPS have recently announced job reductions as part of ongoing efforts to streamline operations and boost profits.
An unusually warm and dry winter might herald drought conditions in key areas of the Mississippi River Basin over the coming months.
The MV Dali container ship that caused the collapse of the Francis Scott Key Bridge in Baltimore was involved in a collision in 2016.
Atlas Air is now providing two Boeing 777 freighters for the exclusive use of China-based YunExpress.
The Port of Baltimore’s indefinite closure could cost the state of Maryland as much as $1 billion in total value of goods and services, analysts say.
UPS told investors it is leaning into automation and robotics to increase parcel capacity, which in turn will allow the company to operate fewer physical facilities.
“The whole bridge just fell down!” an officer said on an emergency call as authorities raced to close the Francis Scott Key Bridge just before it was struck by a container ship.
The FedEx pilots union has a new chairman who is more aligned with the majority of the Master Executive Council, which wants to press FedEx harder on a new contract.
The collapse of Baltimore’s Francis Scott Key Bridge could significantly disrupt supply chains as shippers and carriers scramble to relocate shipping services to other East Coast ports.
Around 1:30 a.m. Tuesday, the Dali, a Singapore-flagged ship, smashed into the bridge.
