Orders for new containerships have expanded to nearly 40% of the active fleet, driven by contracts for large vessels.
Port Houston handled 369,899 TEUs in July, down 6% year over year.
Despite a challenging July, the Port of Oakland’s container volumes remain steady year-to-date.
Delayed tariffs sparked unexpected summer demand as another global liner made its return to the Red Sea.
Klaus-Michael Kühne, who took Kuehne+Nagel from a regional European company to a top global logistics provider, has died.
The Panama Canal Authority is signaling that falling water supplies will likely constrain cargo reliability, costs, and routing for U.S. East and Gulf Coast ports.
ASL Aviation has purchased two Boeing 747s to maintain access to the planes and is shifting smaller planes from Europe to its Australia subsidiary.
Shippers are leaving money on the table, an analyst says, if they don’t consider switching coasts for Asia import containers.
Surging Chinese vehicle exports are continuing to drive a global shortage of pure car and truck carriers, a leading CEO says.
Zim’s Q2 net income rose on higher rates and volume as it reaffirmed full-year guidance as its pending merger with Hapag-Lloyd progresses.
A federal permit has been granted for construction of a major new marine container terminal on the U.S. Gulf Coast.
Cargojet expects higher pilot utilization and customer rates to help cover the cost of an expensive new contract for cockpit crews.
Ocean container rates are on the rise, Freightos says, as carriers bet dollars to [terrorist] drones they can safely return to the Red Sea.
Cold chain warehouse giant Americold is leveraging Canada partnerships to create a North American network.
The Port of Los Angeles saw a near-record month on sustained consumer demand and opportunistic shippers.
ID Logistics US has settled a case of alleged pandemic relief fraud for $2.6 million.
UPS plans to shift Hong Kong all-cargo routes from Poland and Vietnam to the Philippines after getting the green light from U.S. authorities.
Healthcare logistics is a hot market and private equity firm JLL is adding to its portfolio with a deal for specialized logistics firm Life Couriers.
Resilient global trade is not only driving surprising growth, but volumes of ‘disbalanced’ empty containers, too.
CMA CGM has promoted a senior executive from its British business to head its North American unit.
