Critical level approaching for trans-Pacific spot rates
Softening demand in an excess of vessel capacity is putting tremendous downwards pressure on ocean container spot rates.
Softening demand in an excess of vessel capacity is putting tremendous downwards pressure on ocean container spot rates.
The Transportation Security Administration’s grace period for “impossible-to-screen” shipments is ending soon. They won’t be allowed to fly overseas unless companies adopt existing security programs.
A new report is highlighting the contributions of seafarers and how these unsung heroes of the sea help boost gross domestic product.
Sluggish demand is capping shipping lines’ income. In response, at least one carrier is reportedly moving to limit losses on legacy charters.
Houston saw lower container traffic in May, while freight flows rose in New Orleans and Corpus Christi, Texas.
Amid waning revenue, Amerijet is laying off 15 workers after signing an expensive contract with its pilots.
Declining demand for Chinese exports and reduced stimulus options threaten bulk commodity import prospects.
Western Global Airlines appears to be winding down operations for a potential bankruptcy.
A developer has completed a sophisticated cargo terminal at Chicago O’Hare airport. The tenant has moved in. But cargo planes can’t pull up to load and unload because of construction delays for a new taxiway.
The Wagner mutiny is drawing attention to what happens after the war in Ukraine ends. When it does, shipping will see major changes.
The Port of Cleveland thinks it has the capabilities to grow its footprint.
Concerns over highly dilutive share offerings by microcap shipowners have been building for years. The debate just intensified.
ASL Airlines United Kingdom has two cargo planes in its fleet after receiving a Boeing 737-800 converted freighter.
Companies and governments are moving to de-risk their supply chains, says CNN and Financial Times economics expert Rana Foroohar.
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.