October cargo volumes decline at Texas ports, rise in New Orleans
Freight flows declined in Houston and Corpus Christi, Texas, in October, while container volumes rose at the Port of New Orleans.
Freight flows declined in Houston and Corpus Christi, Texas, in October, while container volumes rose at the Port of New Orleans.
Terminal operator ICTSI has not given up its quest for tens of millions in damages from the West Coast longshore union.
Despite a 22% volume decline year over year, the Port of Savannah had its fourth-busiest October, according to the Georgia Ports Authority.
The era of rapid Chinese growth and large-scale government intervention is over, says China Beige Book CEO Leland Miller.
Global Crossing Airlines, a 2-year-old hybrid carrier that provides supplemental airlift to customers that rent the entire plane, is taking a long-term view toward cargo expansion at a time when freight demand is very soft.
DHL Express has doubled the size of its Asia air hub in Hong Kong.
Zim’s headline loss looks ugly, but most of the decline was non-cash and it still has ample reserves to weather the downcycle.
U.S. cargo airline Amerijet accuses Korean Air of protectionism. Korean Air says Amerijet is trying to cover up the true nature of its relationship with Maersk Air Cargo because it violates air transport rules.
Cargo pilots at Air Transport International are frustrated by the pace of negotiations for a labor deal and ready to go on strike.
Project freight forwarder deugro has opened a container terminal in Baytown, Texas, along the Houston Ship Channel.
A fleet of container vessels is up for sale as a company backed by Greece’s Evangelos Marinakis switches its bets to LNG shipping.
CMA CGM, like many other carriers, is reporting serious revenue loss. The North America president and CEO goes into detail with American Shipper and explains why the company is investing in more physical infrastructure.
Freighter airline Cargojet announced that founder and CEO Ajay Virmani is leaving that role to be executive chairman, with two top lieutenants stepping in as co-CEOs.
Cargojet wants to dump eight aircraft that were part of of its growth strategy and postpone converting two more aircraft into cargo jets as the weak cargo market shrinks profit margins.
U.S. agribulk exports to Asia are taking the longer route via the Suez Canal due to Panama transit restrictions.
Cargo volumes are holding up, but rising transport capacity is outpacing demand, pushing container shipping rates even lower.
Air Transport Services Group is slowing investment in converted freighters as a weak shipping market leads cargo airlines to pause fleet expansion.
Containerized imports have rebounded strongly in 2023, with October volumes up 33% from February’s low.
Air Transport Services Group’s underperformance cost CEO Rich Corrado his job on Monday.
UPS has bought out a small contingent of senior pilots. An American Airlines regional partner is trying to attract them to fly small jets.