Air Canada Cargo has been a strong pandemic performer, but the passenger side of the business is finally beginning to recover.
Virtually every U.S.-listed shipping stock fell on a day that the S&P 500 hit a record high.
Shipping giant Maersk has transformed itself into a one-stop shop for logistics services and now is growing its airfreight capability.
A whopping 40,000 of those containers have been at the Port of LA for nine-plus days, which is considered lingering.
Cybercriminals have attempted to sell network access for multiple shipping and logistics firms, opening the door for devastating ransomware attacks in the global supply chain, a new report warns.
Matson set additional emissions-reduction targets Monday. The Hawaii-based shipping company plans to reach its goals by improving efficiency and accelerating zero-carbon fuels and technologies.
The ports of Los Angeles and Long Beach are turning into makeshift warehouses. Officials hope new fines on lingering cargo will end the practice.
Maersk expands air business after earning more in a single quarter than in any prior full year.
Governments at the G20 meeting are pulling together to address supply shortages caused by freight transportation backlogs.
The Port of Los Angeles is hoping to scare the freight community into more efficient behavior with big fines for the slow retrieval of containers.
The ports of Los Angeles and Long Beach haven’t informed federal regulators yet about their plans to hit ocean carriers with big fees for excessive storage of containers.
The ports of Los Angeles and Long Beach are turning to heavy-handed tactics to address a container logjam that is gumming up supply chains.
Shippers, carriers and logistics companies aren’t getting many answers yet about hefty surcharges for lingering containers at the ports of Los Angeles and Long Beach.
Trans-Pacific container shipping rates remain exceptionally strong despite a dip earlier this month.
California and federal officials are partnering to speed up future freight infrastructure investments, as well as reduce delays impacting cargo flows today.
The daily surcharge fines begin Monday, but there has been no immediate surge of container activity.
Biden-backed plan to tackle container congestion could make logjam even worse, critics believe.
The Port of Long Beach is trying to innovate its way out of container gridlock. The latest move is regular shuttle trains to Utah to reduce less efficient truck moves.
A Florida lawmaker says China is undercutting the container gantry crane market and increasing cyber-risks for U.S. ports.
The freight and supply chain sector is often categorized as “hard to abate” when it comes to greenhouse gas emissions. AskWaves digs into why that is.
The Los Angeles/Long Beach cargo community is confused about punitive fees on ocean carriers designed to expedite the clearance of containers from marine terminals.
The Jacksonville Port Authority handled more than 1.4 million TEUs in its 2021 fiscal year, an all-time annual record, and it says it’s ready to take on more for those wanting “congestion-free” service.
Media coverage increasingly links consumer price inflation to container shipping and supply chain chaos.
To make room for more containers at the ports of Los Angeles and Long Beach, UP and BNSF are offering incentives to ocean carrier customers to move out the containers already there. UP is also temporarily pausing westbound marine container movement to its Long Beach facility.
The Clure Public Marine Terminal now can handle “international shipping containers transported by vessel.”
Many media outlets are reporting that a Long Beach city order will allow bigger container stacks at the port. Not true. It’s for container yards outside the harbor district.
Upward of 2,000 empty containers are being sent to LA, potentially creating more burden on the congested port.
It’s no coincidence that spiking trans-Pacific trade coincides with more boxes overboard and more shipping accidents.
It costs roughly $7 million to charter a vessel, but avoiding congested ports may be worth it for some big companies.
Cargo Force is the intermediary between the U.S. Postal Service and FedEx on Priority air shipments.
The iconic MD-11 has ended its run with Lufthansa Cargo. The 23-year-old planes now head to a U.S. cargo carrier.
The number of idling vessels has roughly doubled in the past decade, in part due to port congestion, a recent study finds. Idling vessels are at higher risk of biofouling, especially in warm waters.
Ocean cargo shippers are paying more than they ever have before for the worst service they’ve ever experienced.
Military truck drivers and $1,000-per-chassis tax credit incentives are part of a slate of recommendations for the commerce secretary to consider to help unclog U.S. ports.
Regional operator Mesa Air Group will begin testing last-mile drone delivery in a partnership with manufacturer Flirtey.
American Airlines is riding the cargo wave, like its competitors, but a challenging passenger environment is holding back its financial performance.
It’s an upside-down world when an airline makes more money flying less cargo than it did two years ago.
Lawmakers hear testimony on how smaller shippers are disproportionately hurt by supply chain disruptions.
The Port of Los Angeles had its busiest September ever, while Long Beach had its second busiest.
Two logistics companies at Chicago O’Hare airport are combining as congestion continues to slow freight deliveries.
California port congestion is as bad as ever. Some imports have been stranded offshore for over a month.
Several large retailers are pledging that in less than 20 years, they will ship goods across the ocean without emitting greenhouse gases. Some environmental groups say that’s not soon enough.
Port volumes across the Gulf Coast were boosted in September by exports of petroleum and steel and imports of refrigerated cargo.
The Airbus A321 and the A330 are the new kids on the block in converting passenger planes to cargo, in a sector dominated so far by Boeing.
Barbara Melvin will succeed Jim Newsome at the helm of South Carolina Ports next summer and will become the first woman to lead a top-10 U.S. container port.
The ocean shipping boom is spreading across vessel types. Spot LNG shipping rates just topped $150,000 per day.
Some are questioning President Biden’s pick to lead the Maritime Administration for a lack of commercial shipping experience.
The Biden administration is pushing industry to take immediate and long-term steps to get ports and intermodal transport working smoothly.
As freight congestion weakens transportation links, AskWaves looks at potential federal funding options for supporting a move to 24/7 operations.
More public shipping companies go private as IPOs remain rare. Here’s why exits outpace new listings.
Freightos has set up an index to track a basket of prices for airfreight, just like it did with its ocean shipping index.
A top Biden administration official believes securing data among supply chain competitors will be the key to rolling out a nationwide 24/7 strategy.
Every facet of the supply chain must be participating in an equal fashion in order to successfully complete the 90-day sprint.
For the time being, two ocean services will not call Georgia’s busy Port of Savannah.
Liner deals in the ship-leasing market imply strong confidence in high freight rates for the foreseeable future.
Delta Air Lines’ recovery from the pandemic hit a high note in the third quarter.
The transportation industry needs to transition to cleaner fuels to keep global temperature rise below 1.5 degrees Celsius. Green hydrogen-based fuels have potential to decarbonize shipping, aviation and long-haul trucking, according to recent reports.
“The growth we’re seeing is not artificial, and the movement of loaded and empty containers is up, for both exports and imports.”
Big-box retailers, FedEx and UPS have detailed plans to speed up container processing at the ports of Los Angeles and Long Beach.
The traditional peak shipping season for air cargo is turning into super peak and a microcosm of the ocean shipping chaos. Turbulence ahead.
Ahead of talks with President Biden, the ILWU is calling out foreign carriers’ focus on profits as a hurdle to solving supply chain disruptions.
As America struggles with a growing supply chain crisis, ocean carriers rake in even more profits.
All-cargo planes carry bulk shipments of lithium batteries under strict regulations. Airlines want to minimize mistakes that can cause a fire during flight.
“By investing more than $2 billion in port infrastructure in recent years, we have the capacity to handle the influx of imports we are seeing today,” says SCPA CEO Jim Newsome.
Pullback in trans-Pacific shipping rates: beginning of the end or brief reprieve with end still not in sight?
“This record result was achieved despite severe congestion around the network,” says the Hong Kong ocean carrier.
Despite Ikea’s many climate-related goals, Ship It Zero is calling out the Swedish retailer and other major players such as Amazon and Walmart via “die-ins” to highlight shipping emissions’ impacts on human and environmental health.
New forecasts from the National Retail Federation call for retail imports to stay high through at least February.
Biden’s port czar outlines a 90-day plan to expand operating hours along the U.S. supply chain.
Cost of fuel consumed by container ships, bulkers and tankers is effectively at a seven-year high.
Yes, despite the headaches, the ocean carriers are making boatloads of money.
Officials say a proposed inland port near where the Mississippi and Ohio rivers meet will have ample capacity to serve Midwest customers seeking export access via barge, rail and truck.
If you thought President Joe Biden would quickly reverse Trump’s controversial trade policy toward China, guess again. U.S. importers aren’t happy.
Captured carbon dioxide and green hydrogen are combined to make e-methanol. Sweden-based Liquid Wind has big plans for this alternative shipping fuel.
The ongoing supply chain crisis and lack of seafarers is leading to a global shortage of key commodities, Salvatore R. Mercogliano, an associate professor of history at Campbell University, told FreightWaves’ Anthony Smith at the virtual OceanWaves Summit on Wednesday.
Ports around the world often suffer from digital communication blackouts, inhibiting the real-time tracking of trade flows.
Shipping Asia-U.S. via regular ocean service and rail? “I would bet your goods will not arrive in time for Christmas,” says Flexport’s Nerijus Poskus.
FreightWaves’ Anthony Smith talks about the ways shippers are building reliant supply chains with Nate Shutes, VP of global fulfillment and logistics at Blu Dot, during FreightWaves’ OceanWaves Summit.
NYSHEX can help untrusting shippers and carriers find common ground to improve contract performance.
Ports and inland transportation connections are choking on ocean imports. A top economist says don’t blame ocean carriers.
Amazon aggregator Perch’s international transportation manager John Esborn explains how the company secures shipping capacity during FreightWaves’ OceanWaves Summit.
Los Angeles is at the front line of the port congestion crisis. Its executive director outlines his strategy to clear anchorages.
“If I’m optimistic, you’re looking six months into the future” before congestion and capacity challenges start to subside, says Vespucci Maritime CEO Lars Jensen.
How will public view ships anchored off Los Angeles/Long Beach if one of them is tied to Huntington Beach spill?
Capesize bulkers haven’t earned this much since 2009, and freight futures just made “monstrous” move up.
The Sustainable Shipping Initiative’s recent report on marine fuels urges the inclusion of all aspects of sustainability, such as air quality, human rights, water, social equity, land use and of course, greenhouse gas emissions.
DHL Express is investing around the world in its international parcel network. A bigger Paris hub means faster package delivery.
A cargo jet made an emergency landing in the ocean off Oahu this past summer. Investigators are now going to pull the wreckage off the ocean floor.
More air cargo operators are interested in flying the Airbus A330 as a converted freighter and Israel Aircraft Industries has jumped in to produce them.
There are two ways to transport goods overseas: ocean or air. Port congestion and shipping delays are forcing companies to shift to faster air transport, which releases more emissions, costs more per unit and has its own capacity constraints.
With no end in sight for global supply chain crisis, importers warned to brace for high costs throughout next year.
According to customs data, the share of empty exports to total exports leaving the Port of Los Angeles is up over 10% and leaving at a faster rate compared to pre-pandemic levels.
Air cargo is booming, but the pandemic set back international passenger airlines by seven years or more by several metrics.
Containerized exports continue to struggle but overall, U.S. exports are rising. Sales are at record levels for some commodities.
Airlines put many aircraft into a deep sleep to ride out the pandemic slowdown in business, but storing and reactivating them involves a lot of resources.
Air Canada will be able to handle more COVID vaccines, lobsters and other perishable products after it builds out a refrigerated airport warehouse.
They’re baaaack: United Airlines is running auxiliary freighters with passenger planes again after travel demand slumped.
The International Air Transport Association reported strong growth for air cargo in August.
Houston-based Great Lakes Dredge & Dock Co. has been awarded a $139 million contract to work on the third phase of the Port of Corpus Christi ship channel improvement project.
The Canada Pension Plan Investment Board has agreed to become the owner of the largest U.S. terminal operator, Ports America, in a deal with Oaktree Capital Management
