Freightos, an online reservation portal for freight shippers, is adding users, but heavy development costs and a weak shipping market make it difficult for the startup to reduce losses.
Large liquefied petroleum gas tankers are riding high on rising U.S. exports and higher Chinese import demand.
Southern Companies provides drayage services at seven Southeast ports.
More signs are surfacing that the second half of the year won’t be a panacea to the international freight recession. Seko Logistics says there won’t be a surge in orders that fuels transportation spending.
Bed Bath & Beyond “failed to manage its own supply chain” and “exacerbated the bottlenecks faced by other shippers,” alleges OOCL.
Zim outperformed competitors on the way up and is falling faster than other carriers on the way down.
“We want [global shipping] to be self-explanatory, easy to navigate and easy for you to find the answer you are looking for,” says Maja Bernstein, vice president of industry relations at Fluent Cargo.
The airline subsidiary of ocean carrier CMA CGM has backed out of the U.S. market for the second time in six months.
The outsourced logistics arm of FedEx is opening up the way it shares data on electronic bookings for air cargo with a major customer.
Trans-Pacific spot rates have pared earlier gains and remain at loss-making levels. Demand has yet to rebound.
There’s plenty of cargo news in Canada with WestJet avoiding a pilots strike and Air Canada expanding its freighter network to Costa Rica.
Flexport has taken another step toward simplifying international freight transportation from manufacturing to e-commerce storefront.
CMA CGM Air Cargo is trying to find its footing as a new airline. It has begun flying to India instead of the U.S.
Cargo shipments will cease on Friday as WestJet pilots walk off the job. The airline is trying to avoid a chaotic situation by taking down aircraft ahead of the deadline.
Port CEO’s resignation came a day after a story aired on a local TV station about his alleged excessive expenditures.
Europe faced a potentially disastrous energy shortage after war broke out. LNG shipping played a vital role in limiting the fallout.
DHL Air Austria will operate a mixed fleet of Boeing freighters in the fall and is seeking permission to fly new 767s to the U.S. so it has that option in the future.
FedEx pilots say they are willing to go on strike, if necessary.
Airbus has reached another milestone with its young A330 passenger-to-freighter program.
Outsize profits are still flowing to companies like Danaos and Costamare that lease ships to container lines.
