Fuel costs were overshadowed by skyrocketing freight rates amid the supply chain crisis. Now, fuel costs are much more important.
Kent Britton was named as CEO of the Port of Corpus Christi on Wednesday after the previous chief executive abruptly resigned in May.
Along with a six-year port agreement, President Biden is underscoring the role of UPS Teamsters and ocean shipping reform in boosting the U.S. economy.
This was supposed to be a banner year for crude tankers, but output cuts and the Russian price cap are keeping rates under pressure.
A DHL airline has begun providing regular connectivity to Argentina within the DHL parcel network.
SONAR’s Container Atlas shows new booking volumes plummeting over 35% from their Aug. 1 peak, a key indicator that U.S. import demand is rapidly deteriorating. (Photo: Jim Allen/FreightWaves)
Have shipping stocks been a good bet? Here’s a look at their performance year to date and versus pre-COVID.
The Department of Labor is investigating Western Global Airlines’ founder for allegedly enriching himself at the expense of employees who bought equity in the company.
UPS Inc. is offering pilots an early retirement package to reduce payroll amid declining package volumes. The integrated parcel and logistics giant confirmed Thursday it wants to trim senior pilots from its ranks, a day after communicating with the pilot group. “At UPS, we regularly assess our operations and make adjustments to better serve our […]
Based on current port data compiled by American Shipper, the East Coast and Gulf ports are strongly favored over West Coast ports.
The U.S. is pressing Mexico to review a complaint by pilots at Mas that they were harassed over associations with a labor union.
Avianca is investing in capacity and quality control because it sees growth opportunities in the Latin American air cargo market.
Persistent congestion and higher delays at the Panama Canal could lead to lasting changes in global LPG shipping flows.
Lufthansa Cargo no longer has to truck shipments back and forth to Detroit Metro Airport from an outside warehouse after opening a facility next to the airfield.
Nearly 5,000 civilian pilots may be providing false information — or excluding it — during their medical examinations in order to continue flying, according to the FAA.
With the Panama Canal drought expected to continue, now might be the time for shippers to seek alternatives.
Asia-U.S. spot shipping rates have pulled back after a strong run-up, implying peak season may have passed its peak.
The Florida Legislature is providing $30 million for two new ship-to-shore cranes that Jaxport says will let more cargo move efficiently through the Port of Jacksonville.
Florida’s ports and Eastern freight railroads are preparing for Tropical Storm Idalia’s arrival.
Supply chain disruptions could develop if the drought in Panama continues.
