A recent string of Houthi attacks have reignited concerns about the Red Sea crisis, raising the floor for tanker rates.
The Georgia Ports Authority sets export record in 2023; the Alabama Port Authority and CSX partner to launch an intermodal facility; and the Port of Cleveland receives $32 million for upgrades.
The downward slope in cargo revenue at Air Canada began to level out during the fourth quarter, and management is optimistic 2024 will be better for airfreight than last year.
The crisis in the Red Sea will require companies to start planning for peak season in the next few months.
UPS is rationalizing its air network as demand falls, but it is still adding aircraft when it makes sense.
Port director Gene Seroka cited replenishing inventory and consumer spending as drivers of growth.
Alaska Air Cargo will debut its second Boeing 737-800 freighters next month, opening the door for the first all-cargo service between Alaska and Los Angeles.
Angela Chao, CEO of global shipping firm Foremost Group and Mitch McConnell’s sister-in-law, died in a car accident.
How do you spend $41 billion without buying more ships?
Despite concerns about the impact of international tensions on global trade, shipyards are flooded with orders.
A rise in Chinese imports indicates seasonal trends are playing out as usual, very much unlike 2023’s anemic performance.
The air cargo market has certainly turned around from the depths of last summer, but the extraordinary increase in January volumes should be taken with a grain of salt. Conditions are improving, but short-term factors inflated the January numbers.
An Atlas Air freighter had an engine inspection four days before an engine fire forced an emergency landing, the NTSB said on Friday.
Hopes for a significant rebound in Panama Canal water levels to boost throughput will likely be met with a harsh reality over the next few months.
Two of Lufthansa Cargo’s smaller freighters are out of service because of maintenance and supply chain challenges.
Tankers and bulk vessels continue to avoid conflict in the Red Sea, at increasing rates, according to new data from Lloyd’s List Intelligence.
Lower inventories in the U.S. are pulling freight into the country.
Georgia Ports Authority announced plans to construct a $29 million overpass to keep trucks away from neighborhoods in Savannah.
As a new carrier facing growing pains, Global Crossing Airlines (GlobalX) is doubling down on its passenger business and slowing expansion in cargo.
If the Fed is deterred from cutting interest rates, freight demand could tumble just as carriers start regaining pricing power.
