France-based CMA CGM, a major ocean shipping and logistics company, plans to spend $1 billion beefing up its cargo airline division and establishing a base in Chicago.
While Red Sea conflict and the U.S. trade war depress container shipping rates, logistics services providers advise short-term flexibility to leverage emerging opportunities.
The French shipping and logistics conglomerate CMA CGM said it is investing $20 billion in its U.S.-based shipping, port and supply chain capabilities, using pro-American language that might appeal to President Trump.
Months of frontloading by importers has further weakened trans-Pacific container rates amid a seasonal lull.
Air Transport Services Group had lackluster results in 2024 but hopes that leasing Airbus A330 freighters for the first time this year will improve the bottom line.
Many major retailers are sounding the alarm about the potential impact of tariffs on their businesses and consumers, but some hope for benefits from the trade disruption.
President Donald Trump told Congress that the United States plans a range of incentives to revitalize domestic military and commercial shipbuilding.
A consortium led by U.S. private equity firm BlackRock has agreed to purchase the Panama port terminals owned by CK Hutchison of Hong Kong.
A private developer has started construction on a speculative cargo terminal at Milwaukee airport with the goal of bringing more direct air cargo service to shippers in Wisconsin.
A ONE container ship hit the bow of a Maersk boxship in Hong Kong.
Marseilles, France-based CMA CGM saw shipping revenues and earnings improve on assorted geopolitical stresses in 2024.
Southwest Airlines is searching for someone to lead its cargo division after Wally Devereaux announced his retirement.
The U.S. Postal Service said it is moving ahead with a transportation streamlining initiative, which requires changing the frequency of truck connections between remote post offices and regional processing centers.
U.S. intermodal chassis manufacturers are again asking the federal government for protection against chassis made in Mexico, Vietnam and Thailand.
The U.S. Port of Hueneme and ocean carrier NYK Line (OTC: NPNYY) have signed a memorandum of understanding (MOU) to establish a green automotive shipping corridor between Japan and Southern California. The signing ceremony took place on Feb. 12 at the port, the companies said in an announcement. “The MOU solidifies the commitment of both […]
Air cargo’s hot run had to cool off at some point, but new U.S. trade measures against Chinese parcel shipments mean the industry could be in for a surprisingly quick reversal of fortune.
The Port of Baltimore saw its second-best year for cargo, as it continued to recover from the Key Bridge disaster.
Gulf Coast ports’ January cargo volumes were up in Houston and Corpus Christi, Texas, but mixed in New Orleans.
After months off frontloading by importers that boosted prices, container rates on the trans-Pacific are declining following Lunar New Year, said analyst Freightos.
Members of the International Longshoremen’s Association voted overwhelmingly to
approve a new six-year contract with employers at Eastern Seaboard and Gulf Coast ports.
Proposed U.S. port charges aimed at China are the latest undercurrents roiling the global container market.
A plan to promote U.S. maritime interests by penalizing China shipping only complicates supply chain woes, say experts.
Australian logistics software provider WiseTech is in the midst of a governance crisis after four board members resigned.
DHL e-Commerce is gaining a foothold in the Saudi Arabian market with a partial acquisition of Ajex Logistics Services.
In a move targeting China’s maritime interests, the United States is proposing a range of fees that could cost ocean carriers millions of dollars each time they call a U.S. port.
Polar Air Cargo has ceased operating after Atlas Air and DHL Express determined the joint venture was no longer useful.
An incorrect check valve led to the shipboard fire that killed two and injured one at Port Houston in 2024, according to the National Transportation Safety Board.
Frontloading of consumer goods through the Port of Long Beach ran volume to a record in January.
The leader of the International Longshoremen’s Association is urging rank-and-file members to approve a tentative contract with port employers in a ratification vote on Tuesday.
Airbus has delayed the planned entry into service of the A350 freighter for a year because of supply chain problems.
Despite an uncertain outlook for trade, the Port of Los Angeles saw its busiest January for container shipments.
The Federal Maritime Commission announced that it is eliminating a half-dozen DEI-related elements from its 2022-2026 strategic plan.
Canada’s Purolator is getting more efficient freighters for its feeder network in western Canada through its partnership with KF Aerospace.
Winter storms in Tennessee and Kentucky impacted express parcel deliveries on Wednesday, while Air Canada faces shipping delays at the Toronto airport.
The OOCL Iris on Tuesday became the largest-ever container ship to call the Port of Charleston.
Cargojet is focusing more on charter business as e-commerce retailers and other companies seek dedicated airlift, which helped boost revenue more than 30% in the fourth quarter.
Shippers have won a reprieve from levies on the United States’ largest trading partners, but tariff threats are boosting frontloading.
Georgia’s Port of Brunswick saw vehicle volumes surge on expansion projects and diversions from the Port of Baltimore.
The Jacksonville Port Authority has completed the first of two vehicle berth projects to handle additional vehicle vessel calls.
UPS has deployed a 747 freighter to carry French exports to Hong Kong. The primary front-haul route is typically from China and Hong Kong to Europe.
A crew of 20 was safely rescued from the container ship MSC Baltic III after it ran aground off Nova Scotia.
Rep. Rosa DeLauro says the Trump administration has retreated from removing a lucrative tariff exemption for low-value e-commerce goods made in China. In its haste to crack down on duty evasion and fentanyl smuggling, the White House made the situation worse, she says.
Cargo airlines have transported thousands of tons of flowers from South America and Africa to North America and Europe for Valentine’s Day.
India plans a wide-ranging maritime initiative that includes the launch of a new container line.
The aircraft carrier USS Harry S. Truman and a Panamanian-flagged bulk carrier collided late Wednesday in the Mediterranean Sea.
SmartLynx Airlines is in a difficult situation after DHL Express pulled its contract for airfreight service in Europe.
The developing U.S.-China trade war will likely keep eastbound trans-Pacific container rates elevated as shippers pull imports forward.
Retailers will continue to bring shipments forward, elevating imports through major container gateways, according to the last Global Port Tracker forecast.
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
International Longshoremen’s Association members will vote Feb. 25 on a new six-year master contract with East and Gulf Coast port employers.
The Trump administration will temporarily allow de minimis shipments to resume until it can establish procedures for collecting taxes on the low-value imports.
A suspect has been arrested after Los Angeles port and city police broke up a crime ring that had stolen $600,000 worth of container chassis.
Container throughput at Georgia’s Port of Savannah was 11.4% higher y/y through the first six months of fiscal year 2025.
Sun Country Airlines expects robust growth in cargo revenue as it begins to receive eight more 737 freighter aircraft for its Amazon flying business.
Trans-Pacific container rates will likely remain elevated as importers look to avoid more U.S. import tariffs.
Maersk, the world’s second-largest container line, reported solid gains in 2024 in its ocean, logistics and terminals businesses.
US weekly rail traffic rebounds after a slight downturn.
Integrated parcel carrier Purolator has become even more integrated with the addition of customs broker Livingston International.
The U.S. Postal Service has reversed its decision to stop receiving parcels from China and Hong Kong.
United Airlines has purchased all the capacity on a northbound cargo service from Puerto Rico to Chicago operated by Global Crossing Airlines to enable faster, more efficient delivery for pharmaceutical customers.
The U.S. Postal Service has stopped accepting parcels from China and Hong Kong.
The cross-border e-commerce logistics ecosystem, including cargo airlines, is bracing for a downturn in business after the U.S. moved to ban low-value Chinese imports from qualifying for zero duties.
The International Longshoremen’s Association’s wage scale committees this week will review the tentative contract with port employers ahead of a vote by union members.
The Port of Baltimore has deployed an electric railcar mover it says is a first for the U.S. maritime industry.
U.S.-based Accelerated Global Solutions, a sister company of parcel courier SpeedX, is beefing up its trans-Pacific ocean logistics capability by investing in Malaysia’s KGW Logistics.
Container operator Hapag-Lloyd said preliminary results for fiscal year 2024 were improved over the previous year.
The Ocean Network Express alliance of K-Line, MOL and NYK saw profits skyrocket in the fiscal third quarter.
A new report from the Intermodal Association of North America found international volumes helped intermodal freight author a turnaround in 2024.
Here’s what you need to know as ocean carrier alliances prepare to deploy new and reorganized container services.
Maersk has won an additional two years for domestic container transshipments between ports in China. China’s Transport Ministry this week announced an extension of the pilot cabotage program through December 2027. The program aims to improve domestic export and import container flows between Yangshan port in Shanghai and select ports in northern China. It will […]
Ports in Houston and Corpus Christi, Texas, reported increased year-over-year cargo movements in 2024 versus 2023.
Trans-Pacific container rates eased in the most recent week as Chinese manufacturing and logistics activity wound down for the Lunar New Year holiday, which began Wednesday. Asia-U.S. West Coast ocean rates fell 7% to $4,938 per forty-foot equivalent unit for the week ending Jan. 24, according to the Freightos Baltic Dry Index. Asia-U.S. East Coast […]
Airbus is terminating its charter cargo business, which used funky freighter aircraft to transport oversize loads, after less than a year.
A strong shipping market helped secondhand container prices grow to an above-average finish in 2024, but it’s unclear whether that will be sustained heading into the new year. “With inflationary pressures persisting and central banks maintaining higher interest rates for longer, container owners will face increased total asset costs,” said Christian Roeloffs, co-founder and chief […]
President Trump’s return-to-work mandate for federal employees could have unintended consequences for the Transportation Security Administration and aviation security.
While the global supply chain seemed whipsawed on a daily basis in 2024, one thing remained constant: a veritable tsunami of ocean containers moving through the Port of Los Angeles. The busiest U.S. maritime trade hub moved 10.3 million container units in 2024, a record 1.7 million TEUs or nearly 20% higher than a year […]
January is normally a slow month for international airfreight, but demand and rates are holding up after the holiday peak season as shippers pull forward orders from China to avoid tariffs and manufacturing delays.
CMA CGM, the French container line that has continued to transit the Red Sea despite attacks on shipping, said it will continue to route most of its affected services away from the region.
An investigation by the United States trade representative found evidence of wide-ranging plans by China that have helped it dominate the global ocean shipping and shipbuilding industries.
There are no major bottlenecks for North American container port drayage and rail ramps, according to ITS Logistics’ January U.S. Port/Rail Ramp Freight Index.
Louis Sola has been designated by President Donald Trump as chairman of the Federal Maritime Commission. Sola, a Republican, has served as an FMC commissioner since 2019 when he was nominated during the first Trump administration. The FMC is an independent federal agency responsible for regulating international ocean commerce as it relates to U.S. interests. […]
Weaker container rates for Asia-U.S. volumes could give way to increases, but that depends on carriers’ plans in the coming weeks, said analyst Freightos.
Challenge Group is beefing up its order for 777-300 converted freighters. It is an early adopter of the aftermarket freighter and will likely be the first operator in Europe.
Houthi rebels said they will end attacks on Israel and on merchant shipping in the Red Sea in the wake of a ceasefire between Israel and Hamas.
The Trump administration plans to end the expedited entry clearance benefit for parcels valued below $800, targeting Chinese e-commerce platforms but also impacting small U.S. importers.
The International Longshoremen’s Association expects to shortly take the next steps toward ratifying a new contract with East and Gulf Coast port employers. Union leadership will be scheduling meetings “in the next few weeks” with ILA wage scale delegates to review the tentative agreement with terminal operators and ocean carriers of the United States Maritime […]
Emirates SkyCargo has hired startup Compass Cargo Airlines to operate two Boeing 747-400 freighters in its global freight network.
Washington added China’s Cosco shipping line and two of its largest shipbuilders to a blacklist of companies it said were directly tied to the People’s Republic of China military apparatus.
Israel and Hamas agreed to a ceasefire, raising questions as to when major container lines will return to the Red Sea.
Companies involved in cross-border e-commerce face new data requirements and other changes as U.S. officials clamp down on de minimis shipments from China.
Container rates from Asia to the United States are in a holding pattern after an East Coast longshore strike was averted.
The Port of Los Angeles has appointed Jeffrey Strafford as chief financial officer at the busiest U.S. container port.
CMA CGM is adding a call in Salerno, Italy, on its service linking the Mediterranean and North America.
China’s largest ocean carrier forecast record profits as Red Sea disruptions helped keep freight rates high.
The Environmental Protection Agency has awarded the public-private Louisiana International Terminal project $1 million toward its Sustainability Management Plan.
Several freighter operators are flying new routes this year between Europe, Asia and the Middle East to meet increased customer demand.
Supply chain visibility firm Overhaul raised $55 million in funding to finance technology growth and acquisitions.
Container volumes through U.S. gateway are forecast to stay ahead of year-ago levels, according to the National Retail Federation’s Global Port Tracker.
French carrier CMA CGM rolled out three peak season surcharges for U.S.-bound containers.
Trans-Pacific container rates increased sharply to start 2025, according to analyst Freightos, as importers brought shipments forward ahead of Lunar New Year.
