FedEx is downsizing its fleet again during the next 12 months to match weak international and domestic package shipping demand, and save money.
The logistics pipeline is a tea leaf forecasting China’s economy and the flow of freight tells investors the bottom line of logistics companies.
Trans-Pacific spot shipping rates remain under pressure, slumping back again as U.S. import demand comes up short.
A bad pilot decision at the outset of an emergency on a Transair freighter cascaded into more mistakes that resulted in a crash landing at sea off Hawaii two years ago, investigators said.
The first order for cargo jets at the Paris Air Show only involved two planes and is for converted, not new production, freighters.
The International Energy Agency predicts Asia will buy growing volumes of U.S. crude through 2028. That’s good news for supertanker demand.
U.S. law protects American carriers from foreign competition on domestic routes. Two carriers want the government to give them first crack at contracts to fly disaster relief to Guam.
The U.S. supply chain has dodged a bullet. A new dockworker labor deal will keep the peace at West Coast ports.
Cargo airlines and third-party logistics providers are crossing their fingers for a resurgence of air shipments by October. But indications are increasing that the peak season may go out with a whimper.
“Patience is wearing thin. Neither side imagined it would take this long,” says the head of the Port of LA on dockworker contract talks.
The board of the FedEx pilots union has endorsed a contract agreement and sent it to members for an up-or-down vote.
Mainstream European tanker owners that are willing to load Russian oil are far outperforming the broader market.
Alliance Ground International is on an acquisition spree that aims to take it from a midsize domestic ground handler to a global service provider at airports around the world.
An unprecedented level of caution among importers likely to cause further declines in import volumes.
Busy Amsterdam airport in the Netherlands is taking a large stake in Maastricht airport, which could become a feeder port as Amsterdam deals with overcrowding.
This year’s peak season could see West Coast labor disruptions coincide with Panama Canal water levels impeding cargo flows to the East Coast.
Instead of carrying dead weight to help balance its empty freighters, Alaska Air Cargo is taking waste that will go to a recycling center.
Labor disruptions are slowing down ports in the Pacific Northwest as labor negotiations continue.
Dockworkers who keep West Coast cargo flowing are highly paid. Their bid for even higher pay is starting to affect the cargo flow.
Lufthansa Cargo’s planned investment in Italy’s ITA Airways will allow the airlines to harmonize cargo operations.
