Tide turning against ‘hyper-dilutive’ shipping stock sales
Investors have been burned for years by dilutive share offerings by micro-cap shipowners. Backlash is building.
Investors have been burned for years by dilutive share offerings by micro-cap shipowners. Backlash is building.
Amazon Air is downsizing operations at Leipzig/Halle International Airport.
Tim Strauss has transformed Amerijet into a competitive, midtier cargo airline, but it hasn’t been easy. On Tuesday, Strauss resigned.
Investment firm Oaktree Capital Management has acquired Consolidated Chassis Management as the intermodal equipment provider becomes the sole manager of a new pool.
The Chapter 11 filing of the ILWU dockworkers union dates back to a dispute over two electrician jobs in Oregon a decade ago.
August was a better month, but express carriers are still flying less than they were a year ago because of slow shipping demand.
Just when it looked like West Coast port labor drama had dissipated, the ILWU has filed for bankruptcy protection.
Air Transport Services Group has not been forced by primary customers Amazon and DHL to significantly trim flight activity, as originally expected.
A flood of tanks, military vehicles and weapons systems is flowing from the U.S. to Europe. Shipowner ARC plays a pivotal transport role.
Seacor Holdings has sold its U.S. harbor towing operations to firms in Louisiana and Texas.
The Federal Aviation Administration and Customs and Border Protection are two key agencies involved in goods movement that will be short-handed if the government shuts down nonessential services.
Cargo volumes were a mixed bag for Gulf Coast ports in August, with Corpus Christi and New Orleans reporting gains, while Houston saw a 20% decline in container shipments.
WestJet Cargo and Lufthansa Cargo are connecting new cities to their narrowbody freighter networks.
The Georgia Ports Authority reported a dip in August volumes at the Port of Savannah. But volume increases for rail traffic and roll-on/roll-off cargo were bright sports for GPA last month.
Inflation and economic fallout from the war are curbing demand just as a tidal wave of new ship supply hits the water.
Another top-level cargo executive for a Middle Eastern airline has found a new job. Atlas Air, which leases and flies cargo and passenger aircraft for airlines, logistics companies, sports teams and the U.S. military, on Monday named former Etihad Airways cargo chief Martin Drew as chief strategy and transformation officer. Last week, airport services company […]
DHL is moving its A300 fleet from Asia because the region doesn’t have sufficient aerospace support services for the aircraft.
Air Canada is backing out of a deal to buy two large 777 freighters from Boeing.
Diesel is an essential fuel for the global economy. The world’s second-largest seaborne supplier, Russia, just halted exports.
The recent rate rebound turned out to be fleeting. As rates deteriorate yet again, shipping lines face mounting losses.