Commentary: 2021 is the year of the freight service embargo
You can’t blame carriers for refusing to stick by a handshake agreement to sell service at pre-negotiated rates or at a discount.
You can’t blame carriers for refusing to stick by a handshake agreement to sell service at pre-negotiated rates or at a discount.
New Orleans and Galveston, Texas, will offer liquefied natural gas fueling services for marine vessels by 2022 and the end of 2021, respectively.
Ocean carrier ZIM now expects to earn $4.8 billion-$5.2 billion this year — five times what it earned in 2020.
Port of Los Angeles boss warns: ‘Anchorage and dwell times are trending in the wrong direction.’
Ocean carriers adjust to the partial port closing in Ningbo, China, with minimal disruption so far. Operations could soon return to full speed if COVID remains at bay.
July’s volumes are a monthly record and the second highest for 2021.
Container volumes rose 25% at the Port of Savannah, while auto and machinery units grew 39% at Brunswick.
The port ultimately hopes to scale hydrogen production for exports to international markets.
Queue of container ships off U.S. ports keeps building, with months’ worth of peak-season cargo still to unload.
Aircraft leasing and management firm BBAM showed its confidence in the new Airbus A321 freighter design by placing a large order with an aftermarket shop to overhaul passenger planes to carry cargo.
1996: The FAA says it’s ready to start testing new designs of air cargo containers built to withstand terrorist bombs, but the industry worries the new containers could add weight, be expensive and reduce available cargo space.
“There was a lot of flexibility in their API that allowed us to do what we wanted to do with it, compared to others that had a lot of pre-built tools.”
The Port of Ningbo is in a partial lockdown, putting immense pressure on an ocean transportation system squeezed to the maximum. It’s a replay of the Yantian port slowdown earlier this summer.
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.
Canadian Tire is acquiring a 25% stake in Ashcroft Terminal in a deal that will allow the retailer to move containers from the Port of Vancouver more efficiently, while securing rail capacity.
South Carolina ports started the fiscal year off with a bang, moving a record volume of containers in July.
Yantian redux. Shipping activity slowed to a crawl at the Port of Yantian in China earlier this summer after an outbreak of COVID infections, and the same could happen in Ningbo if more cases are discovered.
Plaquemines Port announced it has found the site for its state-of-the-art container terminal that will be able to handle vessels carrying up to 22,000 TEUs.
Amazon’s new U.S. air hub is up and running in the Ohio Valley, making it easier to quickly fulfill online orders.
Learn a bit about the evolution of temperature-controlled containers in the air cargo environment and how Envirotainer has added new technology features to its refrigerated units.
The International Air Cargo Association has been waiting two years to hold its big annual conference. Members will now have to wait another six months because of COVID.
Port Houston’s biggest international trade partners were China, Mexico and Brazil during the first half of the year.
In the chaotic supply chain world of 2021, airport terminal operators are moving away from the airport to process cargo because existing facilities are full.
August is likely to see a new monthly record for retail container imports, with 2021 doing the same. However, ongoing supply chain dislocation clouds how quickly consumers will be able to get their hands on the goods.
Bipartisan bill in Congress makes reforms to U.S. shipping regulations for the first time since 1998.
A U.S. aviation services company called ATSG has lots of Boeing 767s in its freighter fleet. Now it wants to convert large Airbus passenger planes and lease them out.
Canada Border Service Agency employees have ended a day-long work-to-rule strike after reaching a tentative agreement with the Canadian government.
Response vessels continue to recover oil while shoreline teams continue to mitigate impacts.
Maersk results offer more evidence that capacity constraints and U.S. — not worldwide — demand drive rates.
With the acquisition of Visible SCM, Maersk customers can now reach 75% of the U.S. D2C market within 24 hours.
Air Transport Services Group is like a Swiss Army knife. It flies cargo and passenger planes for other airlines, leases aircraft, does aircraft maintenance and freighter conversions, and provides ground handling. It’s all clicking for the bottom line.
Atlas Air is keeping eight jumbo jets by buying them from leasing companies. It doesn’t want to turn them in because it would have fewer assets available to meet customer demand.
A U.S. manufacturer defends its complaint filed against container ship giant MSC with the Federal Maritime Commission despite the carrier’s denial of contract violations.
“Be careful what you wish for,” warns industry expert Lars Jensen of proposals to rein in container shipping’s boom.
Lawmakers use Trump-era reforms in the infrastructure bill to attract Republican support.
The union representing nearly 9,000 Canada Border Services Agency personnel warns of slowdowns at Canada’s ports of entry starting Friday as it issues a strike notice.
DHL Express has joined UPS in placing orders for all-electric cargo aircraft.
Los Angeles’ port boss speaks to American Shipper about congestion challenges — and potential release valves.
In this exclusive Q&A, Federal Maritime Commission Chairman Daniel Maffei notes that “the supply chain is overheated. It’s like we are going from nine lanes to four lanes and then squeezing more traffic into them.”
Texas ports like Freeport have embarked on major expansion projects to handle larger ships.
Cargo is becoming a sexier line of business for passenger carriers.
Container giant earned $5.1 billion in the second quarter and expects earnings of $18 billion-$19.5 billion for the year.
U.S. inventory-to-sales ratio still historically low as key import source — China — faces growing delta variant risk.
The “trapped” crews found many ways to pass the time, including holding their own Bitter Lake Olympiad, in celebration of the Tokyo Olympics of 1968.
U.S. Customs and the Transportation Security Administration have different programs for preventing explosives from being smuggled onto aircraft in the cargo. A new report recommends ways to further improve security.
An American company has accused foreign ocean carriers of abusing the container market to pad their profits.
Almost no container ships were stuck at anchor when 2020 peak season began. This peak season, terminals are pre-clogged.
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.
We have a new winner in the ocean shipping game of “How High Can Rates Go?” — about 15 times higher than before the COVID crisis.
Disparities between container index prices wider than ever after big course correction by Freightos.
The port’s Bayport and Barbours Cut container terminals have been closed as the result of the hardware failure that began at 7 a.m. Tuesday.
Air cargo throughput is expected to continue its upward trend after a strong first-half showing, IATA said.
The Ever Given, stuck in the Suez Canal for six days in March, finally berthed at the Port of Rotterdam on Thursday.
Senate lawmakers find more money for highways and ports in a bipartisan infrastructure package.
The port told customers the hardware failure wasn’t related to a cyberattack.
U.S. shippers this holiday season will need more than Rudolph’s red nose to guide them through the whiteout of congestion.
The union representing thousands of Canada Border Services Agency personnel warns of “significant disruption to the flow of goods” if its members go on strike.
Despite all-time-high container production, demand continues to outpace supply and new box prices keep rising.
The Port of New Orleans recently discharged an international shipment of steel coils from Taiwan to the Port of Caddo-Bossier in Shreveport.
White-label platform raises $2.5 million to bring real-time, guaranteed container rates to global shippers of all sizes.
Matson is adding a seasonal express service to help deal with the upcoming peak shipping season from China. But will it help with freight transportation delays?
JAXPORT saw a 15% increase in container volume and a 20% growth in vehicle volumes for the first three quarters of its 2021 fiscal year, the Florida port said Monday.
Good news for dry bulk shipping stocks, bad news for decarbonization: The global coal trade is thriving.
Griff Lynch, the Georgia Ports Authority’s executive director, doesn’t expect another growth spike and says he’ll be happy to maintain current volume levels.
Shanghai, the largest container port in the world, has stopped operations because of a big storm.
Exports of liquefied natural gas, agricultural commodities and crude oil led the way during first half of 2021.
FreightWaves examines the challenges of drayage logistics and the technology companies that are overcoming them.
Cargo was the good news for Air Canada in the second quarter as the company still struggles out of a pandemic hole.
Vietnam is the newest epicenter for supply chain chaos. Manufacturing and port activity have been cut by new COVID precautions.
Ghost freighters — passenger planes flying without passengers — were a big part of United Airline’s pivot to cargo during the pandemic. Now they are going away.
An environmental report demands zero-emission shipping by 2030 and rejects LNG as an alternative, while urging more transparent emissions reporting.
The chairman of the Federal Maritime Commission defends the lack of fines levied in 2020 while requesting a funding boost for 2022.
It’s not what the company typically does but “this market has created a lot of unique situations,” says SEKO exec.
You probably didn’t know that Greenland has its own airline. It’s a beautiful country and it could soon be easier to reach for travelers and businesses shipping freight.
United Airlines’ cargo division is one of the company’s biggest assets right now, with big returns again in the second quarter.
The Federal Maritime Commission is auditing container lines to evaluate potential abuse of leverage against exporters.
Kuehne + Nagel is one of the largest third-party logistics providers in the world and it got larger in the second quarter.
Fiscal year 2021 was a record year at the Port of Virginia, with an increase in loaded imports and volume growth for empty export boxes.
UPS doesn’t want any hitchhikers on its cargo aircraft, especially pests like the Japanese beetle. Learn how the company thwarts them.
“Drayage is one of the biggest pain points for shippers right now,” said industry entrepreneur Andrew Leto.
The Black Swan drones from Dronamics won’t be carrying little packages to someone’s doorsteps. They’re heavy-lift vehicles and DHL wants to flood Europe’s skies with them.
A British Airways plane fell on its face at Heathrow Airport. One ground engineer was too short to reach the landing gear housing, and his colleague put a pin to hold up the landing gear in the wrong place. Oops.
The Federal Aviation Administration puts Transair on freeze because of safety concerns.
Flying horses exist beyond myths. Specialized aircraft are used to transport them around the world. Find out how hundreds are being flown to the Tokyo Olympics
Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
The president of Panama, Laurentino Cortizo Cohen, visited Port Houston Thursday to celebrate five years since his country completed the expansion of the Panama Canal.
The Cuban government blames the U.S. economic embargo for its woes. The situation has worsened and authorities are allowing some cargo airlines to make flights to Havana.
Supply chain bottlenecks are raising red flags for inflation down the road.
Container ships in the congestion-plagued trans-Pacific trade have stepped on the gas, with some vessels now topping 20 knots.
Delta Air Lines is seeing strong domestic travel demand, but cargo also helped the company move beyond breakeven in the second quarter.
Total June container volume was 292,627 TEUs, a 39% increase compared to the same month in 2020.
Wave of cargo delayed by COVID outbreak in Yantian, China, is starting to hit California’s already strained terminals.
The FAA is giving airlines until the end of the year to run passenger freighters with cargo on seats and other parts of the cabin where people normally travel.
Fiscal year 2021 was not only a banner year for South Carolina Ports but also a roller coaster one as volume lows in July 2020 transitioned quickly to record number of TEUs handled.
With 39 ships at anchor, the Port of Vancouver is continuing to feel the strain as CP and CN resume service in a fire-afflicted region of British Columbia.
Delta has a stronger balance sheet than many airlines so it is going to the market to expand its fleet.
The Postal Service OIG seeks an additional $17 million to respond to future service challenges.
Modern narrowbody freighters that can be reclaimed for cargo are very popular with all-cargo operators because they fit well with express networks. Leasing companies are making more planes, like the 837-800, available.
Greater fuel efficiency is allowing airlines to downsize to smaller aircraft on trans-Atlantic routes. That’s bad news for cargo shippers that need wide aircraft.