American, United Airlines’ cargo revenue smacked down by weak market
American and United airlines enjoyed highly profitable second quarters, but their cargo businesses were a downer.
American and United airlines enjoyed highly profitable second quarters, but their cargo businesses were a downer.
Shipowners have invested billions in the LNG fuel option in the belief that it will benefit regulatory compliance and the environment.
Maersk Air Cargo is growing its small U.S. footprint with a cargo facility near the Atlanta airport.
Fiscal year 2023 volumes tracked more with 2021 volumes than with 2022, which had experienced an unprecedented cargo boom, according to South Carolina Ports.
U.S. rail imports from Vancouver and Prince Rupert are imperiled again. ILWU Canada has rejected the proposed dockworkers contract.
Shipping stocks in sectors with high deliveries of new ships are doing better than those with low orderbooks.
Union pilots at UPS are ready to show solidarity with Teamsters workers if there is a strike, which would ground UPS Airlines.
“I think this acquisition sends the message to the market that we are here to add real value,” said Ship Angel founder Graham Parker.
The decline of air cargo is less severe than earlier this year, but a bearish case for a counter-seasonal, second-half dip is gaining momentum as freight forwarders undercut each other on prices to win customers.
This week in Borderlands: $18B LNG export terminal project moves forward at Texas seaport; DHL investing $560M to expand supply chains in Mexico, South America; German manufacturer announces 1st facility in Mexico; and CBP seizes nearly $4 million in meth from a California border crossing.
The National Defense Authorization Act amendment is aimed at blocking China’s ability to monitor U.S. container flows.
Tanker shipping sanctions compliance is getting a lot more complicated as the price of Russian crude oil rises.
Now that the labor strike at Canada’s ports is over, it’s time to take a look at the delays it created.
Amazon is dialing back flights for its European cargo airline. The third party operating those flights has let go nearly 30 pilots.
The extended strike in western Canada was beginning to affect U.S. supply chains. Its resolution limits the fallout.
Delta Air Lines has seen cargo revenue slide by more than a third in the past year.
Although international intermodal traffic has come to a halt at the Canadian West Coast ports since the start of the work stoppage on July 1, carload volumes for commodities such as coal and grain have grown, according to supply chain data visibility firm RailState.
Sulfur pollution addressed by IMO 2020 created a health risk, but that pollution had a cooling effect, which has now been reduced.
The agreement should keep tanker and bulker orders in check, while increasing the risk of a future carbon tax on container shippers.
Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to stem mounting losses as revenues fall short of expectations because of a prolonged downturn in freight markets. The news is the latest example of the […]