ATSG sees Q3 earnings rise on cargo aircraft leases
Air Transport Services Group’s freighter leases offset financial losses from its grounded passenger planes.
Air Transport Services Group’s freighter leases offset financial losses from its grounded passenger planes.
Danish third-party logistics services provider’s bottom-line benefits from easing COVID-19 during summer months.
Kalitta Air’s order of 777 passenger-to-freighter converted aircraft is an industry first.
Data Gumbo uses blockchain to automate transactions between buyers and sellers using a combination of data held by those parties and other third parties as verification.
Crowley has the Jones Act-compliant marine transportation assets to accommodate the start of the burgeoning U.S. offshore wind industry.
Svitzer, Alvys, Blue Ridge, Duluth Seaway and Bureau Veritas announce appointments.
German forwarder says acquisition will expand its global business in handling nonhazardous bulk liquids such as alcoholic beverages and edible oils.
The carrier sought relief from commission regulations earlier this month as part of its efforts to recover from a crippling cyberattack in late September.
The ocean container industry association files an agreement with the U.S. Federal Maritime Commission to ensure its collective activities do not violate the Shipping Act.
The Agriculture Transportation Coalition, together with TradeLanes, surveys hundreds of American shippers about the cost to their bottom lines of uncommunicated earliest return dates from ocean carriers.
Former Port Authority of New York and New Jersey executive takes over at IICL from Steven Blust, who will continue in a senior adviser role.
The National Customs Brokers and Forwarders Association of America’s general counsel Ed Greenberg looks forward to spending time with his grandson.
While COVID-19 helped increase e-commerce sales volumes, retailers struggle to manage lengthening holiday season lead times.
Cold storage operator Americold expands its portfolio again, this time in a $1.74 billion bid for the world’s fourth-largest provider. Americold plans to offer 33 million common shares in total to facilitate the deal.
The U.S. Federal Maritime Commission will consider the French liner carrier’s relief petition to give it time to clean up its systems.
The U.S. Federal Maritime Commission wants to learn the extent of allegations that ocean carriers are targeting noncontracted service providers for freight payment.
Self-driving trucks will drastically cut down on the need for truck drivers, while also disrupting allied segments like insurance, fuel stations and truck stops.
U.S. Federal Maritime Commission steps forward with notice of inquiry to evaluate alleged ocean carrier abuse of “merchant” definition for bill of lading responsibility.
SAL Heavy Lift Group sees Intermarine expanding its ability to serve project cargo shippers throughout North and South America.
The inability of ocean carriers to timely inform shippers of schedule changes results in costly logistics disruptions and potential for lost international sales.
Announcement of IT EVP and chief digital officer appointments doesn’t mention this week’s ransomware attack.
The 3PL will add up to 8,000 employees to handle the seasonal increase in e-commerce shipments on top of its ongoing effort to raise its profile in the American market.
For DHL Global Forwarding, the coronavirus pandemic is no excuse for the ocean freight industry to neglect sustainability initiatives in the supply chain.
Uber is looking to acquire FreeNow, the ride-hailing joint venture of BMW and Daimler that operates in more than 100 European cities.
Malls are now creating e-commerce platforms by consolidating products sold within their spaces and pushing click-and-collect options as delivery models.
From trucking, security and data exchange to customs and civil aviation permissions, the Amsterdam airport is covering all the bases for rushing out approved coronavirus vaccines.
Augmented reality can help managers visualize warehouse operations better and train workers on a virtual 3D interface.
Better safety systems and driver environment monitoring can help fleets reduce the number of truck-related accidents.
FreightWaves CEO and Director of Freight
At the American Shipper Global Trade Tech summit Wednesday, Cambridge Capital partners discussed what they look for in an investment.
A.P. Moller-Maersk’s recent announcement that Damco will no longer exist as a separate brand is expected to drive some shippers into the arms of others.
3PL’s MyParcel provides European e-commerce customers a scheduled, yet competitively priced shipping service between existing express and postal.
TIRPORT’s marketplace allows companies to manage, report and track loads during their truck hauls.
The trans-Atlantic may not be the dominant container market, but it remains dependable for hungry ocean consolidators and forwarders.
DHL Supply Chain North America will provide three months of fully paid maternity leave starting Jan. 1 as part of a push to recruit, retain and promote women in its management ranks.
Shipco Transport and its container freight station subsidiary ICT have adopted Vector Software to reduce human contact and on-site paperwork processing as the coronavirus persists.
Russian airline has become the 19th customer for the twin-engine, all-cargo aircraft.
The first of 31 giants of the sky in British Airways’ fleet says goodbye.
ATRAN Airlines says increased online shopping has increased express air cargo traffic between Moscow and China’s northern cities.
GE Capital Aviation Services now has 74 orders for Boeing to convert versatile, narrow-body passenger planes for express and e-commerce services.
Magma has a nose for cargo. It will operate a new 747 that can open its front end to load big shipments.
Don’t confuse Florianopolis with Indianapolis. It’s in Brazil and LATAM is flying freighters there from Miami.
Bulgaria-based Transmetrics is helping its supply chain customers by using augmented intelligence. Learn more!
Airlines are saving every penny possible and with so few people traveling they don’t need more airplanes. That’s hurting sales at Airbus and Boeing.
Containers are used to carry imports to the U.S., but they also carry exports from the U.S. The agriculture industry depends on them, but COVID-19 has caused the system to fray…
In the past decade, the number of cybersecurity events went up by over 700%.
Deutsche Post DHL saw a significant rise in e-commerce activity during the second quarter due to continued COVID-19 travel restrictions and retail store closures.
Trade has been destabilized by the pandemic. Can trade credit insurance help de-risk trade to a degree and help solidify supply chains?
DHL located a new life sciences warehouse in Indianapolis because the city has many pharmaceutical companies in the area.
Boeing has received orders from DHL Express to convert four 767-300s to all-cargo configuration and from AFG for two 737-800 converted freighters.
Express carriers UPS and DHL helped push Brussels Airport into the black for June’s cargo volume. Most airports during the pandemic haven’t been able to make up for the loss of passenger flights on which so much cargo typically flows.
Chairman Michael Khouri explains how the U.S. Federal Maritime Commission keeps track of COVID-19-induced ocean container carrier sailing schedule changes for anticompetitive behavior.
Thousands of crew members are stuck on board their ships due to COVID-19 restrictions. Learn more in Darren Prokop’s commentary.
Unisot has created a blockchain-based platform that helps bring end-to-end transparency in seafood supply chains.
The coronavirus’ whipsaw effect on the global supply chain took a toll on Kuehne + Nagel during the first half of 2020, but without a rapid internal response the hit would have been far worse, CEO Detlef Trefzger says.
The increase in freighter flights at Amsterdam’s Schiphol Airport during the first half of the year was not enough to offset the dramatic drop in cargo transported by passenger planes.
OptimoRoute is a route planning and schedule optimization platform that helps companies organize their mobile workforce and optimize delivery routes.
A digest evaluates the keynote addresses from the virtual event.
Virgin Atlantic is recapitalizing without support from the U.K. government thanks to internal and external investors and creditors.
With safety and travel logistics in mind, the annual AirCargo Conference, which draws up to 800 attendees, will take place online in 2021.
Delta Air Lines will retire more than 100 planes by year’s end, reducing the carrier’s available cargo capacity to some destinations after coronavirus passes.
German company picks DHL Supply Chain in North America for its flexible and efficient logistics platform to handle sophisticated medical equipment.
Airlines are leaning heavily on governments for support until they can get back on their feet once the COVID crisis subsides. Next up: KLM.
project44 report shows the glaring discrepancies in consumer expectations and last-mile delivery capabilities.
Simone Ross writes about the pandemic’s effect on supply chains, and how companies should be improving/changing to minimize damage and get stronger.
Deutsche Post DHL said preliminary second-quarter profits, despite the ongoing COVID-19 pandemic, have it less worried about the rest of the year.
Russian airline Volga-Dnepr, whose planes are commonly associated with transporting heavy equipment, spent the past three months ferrying tons of medical supplies from China to France to combat COVID-19.
Lori Ann LaRocco illustrates the disruption to global trade by profiling what has happened at the Port of Miami since the coronavirus pandemic began.
Lufthansa Airlines is transforming itself into a smaller airline, while its Cargo division settles on a single company to manage its central warehouse.
Danish shipping giant A.P. Moller -Maersk has reached an agreement to acquire Sweden-based customs brokerage to offer increased import clearance services to European shippers.
AAL Shipping, an operator of “mega-size” project cargo ships, expects rebound for smaller U.S. import and export project cargoes in 2021, if COVID-19 pandemic subsides later this year.
The Universal Postal Union’s (UPU) new regulations will see an increase in international inbound package rates across the U.S.
Pilot Freight Services, which operated under a national franchise network for decades, now owns 90% of its offices and monitors for future acquisitions.
German express carrier considers aircraft fuel, cleanliness and flight path for July 1 “perfect flight.”
CIO Claas Matthies is tasked by SAL Heavy Lift with implementing a digital strategy to streamline and improve the financial outcome for one of the most complex forms of ocean transport – project cargoes.
New DHL Express facility will benefit shippers across southern Germany with European and international freight deliveries.
An information digest summarizing the different keynote addresses from the virtual event.
“Freedom of the Skies” is tempered by landing slots at airports, which are controlled by the governments the airports are in. In the high-stakes world of air cargo, landing slots are very valuable. Learn more in Darren Prokop’s commentary.
The global air cargo carrier has tasked Israel Aerospace Industries with converting the planes to all-cargo configuration.
Chapman Freeborn buys Arcus Air Logistics, a longtime provider of ad-hoc charters and on-board courier services to the European automotive industry.
French 3PL FM Logistic reports strong organic growth in its recent fiscal year as European expansion progresses. The company didn’t issue annual guidance due to COVID-19 uncertainty.
Because of strained supply chains, will just-in-time delivery be used less by industry? Darren Prokop explores this topic in his latest commentary.
Logistics services provider is optimistic about African continent’s global freight potential, despite economic setbacks from COVID-19 pandemic.
Beacon is a UK-based digital freight forwarder – one of many that have vowed to disrupt the freight forwarding industry.
Averitt, OmniTRAX, Duluth Seaway Port Authority and Port of Newcastle announce appointments
The investment round was led by OGCI Climate Investments, a $1 billion+ fund that invests in solutions to decarbonize commercial transport.
Berlin- and Paris-based startups are merging to become one of the largest digital trucking freight forwarding platforms in Europe.
For aircraft lessor GECAS, the “Big Twin” doesn’t refer to a large person. It’s a big twin-engine passenger plane that’s being turned into a cargo plane.
A recent study by the Institute of International Container Lessors found that traditional hot zinc sprays for refrigerated container steel frames keep them in top shape years longer than zinc-rich primer coatings and should be maintained by box manufacturers.
Global stewardship includes aim to be carbon neutral by 2050
Sysco, Svitzer, Adnavem and AddSecure add industry all-stars
FedEx reported to be exploring alternative growth path in Europe through stake in German parcel company Hermes.
Escalating airfreight transportation rates and capacity shortages from China due to the global pandemic have encouraged some shippers to split supply chain shipments between ocean and air pallets.
“Crew changes cannot be postponed indefinitely,” warned the world’s largest maritime and air transport organizations.
The retail apparel sector has been among the hardest hit by the COVID-19 pandemic. Learn how international trade, supply chains and tariffs complicate things further.
Panel of importers and exporters will advise the U.S. Federal Maritime Commission on policies of competitiveness, reliability, integrity and fairness in ocean shipping.
U.S. Federal Maritime Commissioner Rebecca Dye said Fact Finding 29’s work will help the American ocean shipping industry better prepare the supply chain for the post-virus economic recovery.
Supply chain management solutions provider project44 said it has shippers covered no matter where and how their cargo is transported throughout the world.
“Inland waterways shipping does not fit into Imperial’s future development strategy,” said CEO Hakan Bicil.
CNBC’s Lori Ann LaRocco writes about the impact of COVID-19 on U.S.-China trade, particularly in regard to the trade war between the two nations.