Four years after the COVID-19 pandemic threw the entire world and daily life into turmoil, its effects still ripple through the global supply chain long after shutdown laws have been lifted.
Cathay Pacific has been tied down by COVID health restrictions much longer than most airlines. The cargo network is getting a big boost as long-haul passenger aircraft rejoin the fleet.
Engine maker Cummins backs OEM projections of a strong 2023 for new trucks. If the China market recovers, look for an earnings bounce.
El aumento de la fabricación de camiones nuevos ha contribuido a invertir los costos de adquisición en subastas y al por menor.
After months of downward moves, used truck prices ended the year closer to pre-pandemic levels than anytime since COVID hit.
The 9,133,657 twenty-foot equivalent units the Port of Long Beach handled in 2022 were only 2.7% off the record-setting 2021.
On Jennifer Rumsey’s second day as CEO, Cummins Inc. reported strong Q2 earnings in North America.
Data is showing improvement in the last mile as the industry recovers from the supply chain chaos of 2021.
Cathay Pacific is a once-proud airline hanging on for dear life.
Wabash retires its legacy brands to focus on the company name as its swollen backlog all but closes 2022 order books except for multiyear purchases.
Truck Tech is a weekly newsletter focusing on autonomous, connected and electric innovations in the trucking ecosystem for fleets.
New barometer from NY Federal Reserve highlights how extreme supply chain crunch has become.
How could the consensus — that container spot rates will remain extremely high — be wrong?
Putting money on what American Shipper readers were clicking on in 2021 would be a safe bet.
“Expectations are that high consumer demand and low inventory levels will keep rates elevated well into next year,” says Peter Sand, chief analyst at Xeneta.
Container, dry bulk and tanker stocks are down from recent highs. Temporary setback or something more?
Here’s how omicron variant could impact tanker, container and dry bulk shipping rates.
Reasons for Unemployment – Transportation & Warehousing industry
COVID-19 Pandemic drops 2020 household spending on transportation by nearly 14%
Back at FreightWaves after a more than monthlong fight against COVID, I thank CEO Craig Fuller for moving the F3: Future of Freight Festival online.
COVID-19 stimulus funding for transportation in the CARES Act and Supplemental Bills
Labor shortages at Chinese airports and pilot quarantine rules related to COVID are forcing airlines to scuttle many cargo flights to keep operations going and pilots from being put in isolation.
Ocean Network Express says the “economic environment is now changing” and it cannot forecast what the rest of 2021 holds, but Hapag-Lloyd can. It expects to triple 2020’s EBITDA.
Truckers with 10% revenue loss can get up to $125,000 each from USDA
The chaos of the past 18 months will usher in new investments in supply chain technology
FATj and FreightWaves team up to visualize the driver shortage and what can be done to fix it.
Geodis’ Jeff McDermott joined FreightWaves to talk about challenges that parcel carriers are facing and lessons learned from the pandemic.
Over a decade of traffic pattern data is scrapped for now.
Even while most of your audience will never have met you in person, you are trying to give an accurate picture of who you are, through what you present.
CSCMP will host next year’s global event in Atlanta in mid-September.
“Additional stress on an already-overloaded system tends to further destabilize the system.”
FourKites said it has seen dramatic expansion of companies using its visibility products as shippers deal with uncertainty in the supply chain because of the COVID-19 pandemic.
Kevin Hill and Michael Vincent talk about the importance of understanding how to interpret data The second half of the week before Thanksgiving has shown continued growth in the market and several interesting new stories. Here’s today’s top news. Headlines FedEx has lost a lawsuit filed by a dismissed driver after he was let go […]
The one-two punch of the Pfizer vaccine and Joe Biden’s victory will affect container and tanker shipping in multiple ways.
Air freight demand for COVID-19 vaccines will be massive, according to the International Air Transport Association (IATA).
COVID’s disruptions have created an acute awareness of the need for innovation.
The U.S. is experiencing an import surge.
To view more FreightWaves infographics, click here.
Korean Air is a unicorn among passenger airlines. It made a profit in the second quarter, a remarkable feat given the depressed state of the airline industry.
The state of Victoria in Australia has declared a COVID-19 emergency and is shutting down nonessential businesses. Qantas Freight is pausing operations at its warehouse because of a health issue.
Airfreight rates from China are on the rise again. The rest of the world is more stable when it comes to air cargo. But China is driving much of the transport activity because of its export of face masks and other goods.
To read the full article, click here.
To view the full article, click here.
Read the full story, here.
Airbus expands manufacturing capability in the U.S. with a new assembly line.
ir Transport Services Group is making money from its aircraft leasing and outsourced transportation businesses as express carriers and other customers seek more aircraft to support supply chains.
Listen to the podcast to hear a breakdown of the survey.
WTO expects global trade to sink by at least 13% this year; oil demand are down 50% year-on-year; economists expect 25% decline in U.S. GDP in Q2.
