Trans-Pacific container rates fall to pre-Red Sea crisis levels
Container rates on the closely-watched eastbound trans-Pacific fall to their lowest levels since before the Red Sea crisis erupted in 2023.
Container rates on the closely-watched eastbound trans-Pacific fall to their lowest levels since before the Red Sea crisis erupted in 2023.
DHL Express is using Global Crossing Airlines on a trial basis to haul packages.
FedEx is targeting its European operation in the next round of cost cuts. Combining U.S. ground and Express networks requires careful balancing to maintain customer service.
The son of the late FedEx founder has been nominated to the board of directors, in what could be an initial step in his succession to CEO.
ZIM Integrated Shipping Services Ltd. saw earnings sag as President Trump’s trade war on China hit trans-Pacific container volumes.
Air Canada and striking flight attendants have negotiated a new collective bargaining agreement, which enables the airline to resume operations late Tuesday.
Truck and rail dwell and capacity remained stable at the ports of LA-Long Beach despite a record surge in container volumes.
Air Canada flight attendants are refusing a government order to end their strike, leaving travelers and cargo shippers without service for a third consecutive day.
TRAC GeoFleet is an innovative on-demand chassis solution that offers customers guaranteed chassis availability alongside usage-based billing.
Supply chain data consultant Xeneta has acquired eeSea, a specialist in global carrier reliability data.
The Canadian government’s decision to end a strike by Air Canada flight attendants is good news for the airline and its customers.
Canada Post and union negotiators will head back to the bargaining table next week amid ongoing operational and financial challenges.
Saudia Cargo is leasing Airbus A330 cargo aircraft and crews from ASL Airlines Ireland to operate on its behalf.
Businesses want the government to prevent a strike by Air Canada flight attendants because of the impact on cargo deliveries.
Container rates on the eastbound trans-Pacific braked their slide after tariffs fueled record volumes.
July was a record month for the Port of Los Angeles, as monthly container volumes for the first time topped 1 million TEUs.
FedEx has named Accenture executive Vishal Talwar as chief digital and information officer.
Air Canada flight attendants are set to strike Saturday. Cargo shipments are at risk.
The FedEx Dataworks unit provides deep insight into parcel shipping operations. The best value play is to sell it.
The Ocean Carrier Equipment Management Association has appointed industry veteran Rob Cannizzaro as deputy executive director.
Two Chinese military ships collided in the South China Sea while harassing a Philippines coast guard vessel.
UPS’s 11th-hour resolution of multiple labor grievances has prevented the Teamsters from orchestrating a strike at multiple facilities.
A startup cargo airline in Uzbekistan has started offering scheduled service between a major Chinese city and Amsterdam to support shippers in the EU market.
Imports of containerized cargo through U.S. ports finished just shy of a monthly record in July, headlined by a recovery of China shipments through the busiest American gateways.
Retail industry trade group forecast import volumes to finish this year 5.6% behind 2024 levels.
The decline of ocean container rates on the critical Asia-U.S. route is unstoppable amid President Trump’s economic war on China and reset of global trade policy, says analyst Xeneta.
Georgia ports moved the most containers in a year since 2022.
Maersk revised its full-year forecast upward on “resilient demand”
Cargojet posted unspectacular results for the second quarter, but analysts considered that good because of the global trade uncertainty caused by new U.S. tariff policies.
DHL has extended its long-term dedicated transport contract with Cargojet with two years left on the existing contract.
The recent storm of trade news failed to move the needle for trans-Pacific container rates.
Air Lease said its decision to ditch an order for Airbus A350 cargo jets was based on development delays and its preference to focus on passenger aircraft.
DHL said the U.S. crackdown on tariff-free trade for cheap overseas packages is impacting volumes and its bottom line.
Saltchuk Aviation, which is downsizing its air cargo operation, sold StratAir’s cargo handling business to acquisitive airport services provider PrimeFlight Aviation.
Two companies behind the containership involved in the deadly 2024 Baltimore bridge collapse are suing the ship’s builder.
Matson said earnings were weaker as trade and tariff volatility hit volumes on China routes.
Canada Post mail carriers turned down the company’s last contract offer, extending a 20–month labor dispute that has helped private couriers siphon package business from the postal operator.
The government of Panama is going to court to challenge Chinese operating contracts for two ports adjacent to the Panama Canal, potentially setting up a bid by a U.S. conglomerate.
All Nippon Airways has acquired Nippon Cargo Airlines after waiting 28 months for regulatory clearance.
Sun Country Airlines is preparing the final three aircraft from Amazon to enter into service by the end of this quarter, just in time for the peak shipping season.
The former U.S. regulator for ocean shipping has exchanged the American flag for a lobbyist’s briefcase.
Liner operator CMA CGM said it is interested in buying CK Huchison’s global marine terminals.
The Port of Los Angeles is poised to reap the benefits of Union Pacific’s acquisition of Norfolk Southern, its top executive says.
The Trump administration is wiping out duty-free treatment for low-cost imports shipped by e-commerce retailers direct to consumers as it ratchets up tariffs on countries around the world.
CMA CGM, the world’s third-largest ocean container carrier, said profits fell in the second quarter as trade disputes hit U.S. imports from China.
UPS’s stock price slid Tuesday after it reported lower parcel volumes and difficulty cutting costs as it works to right-size its delivery network.
Freight rates on U.S. ocean trade routes hold steady as shippers and carriers wait out trade talks, tariff deadlines.
Container data submitted by carriers at major U.S. ports is now available on the Federal Maritime Commission website.
Ceva Logistics has named a top executive from France to improve the performance of its North American business, as it tries to improve profit margins in the wake of a major acquisition last year.
Hong Kong-based CK Hutchison said it offered a stake in the sale of its global port operations to a Chinese investor.
South Korea proposed a massive U.S. shipbuilding partnership as Seoul looks to finalize a trade deal with Washington.
The Teamsters union says the UPS offer to buy out delivery drivers from their contract is a slap in the face.
Yemen’s Houthi rebel militia said it is escalating its campaign against Israel-linked shipping, regardless of a ship’s destination.
Despite U.S. tariff impacts, Drewry’s Global Container Port Throughput Index rose modestly in May, but better year-on-year, indicating global trade flows are adjusting.
The CMA CGM Phoenix is the largest container ship to operate under U.S. colors after reflagging.
Widebody aircraft received in the Hawaiian Airlines acquisition have allowed Alaska Airlines to increase domestic and international cargo capacity and cargo revenue as the company continues to integrate the two operations.
NATO is warning ports are under unprecedented threat from attacks that threaten global trade and defense logistics.
The Government Accountability Office has documented outdated warehouse and road infrastructure at U.S. airports, but says the Department of Transportation has failed to monitor the situation or consider policy prescriptions.
Boeing and Airbus are moving into the production phase for their next-generation freighter aircraft, which they hope to release to customers later this decade.
Hanwha Shipping of South Korea has placed an order for a new LNG carrier with Hanwha Philly Shipyard, the first such U.S.-built vessel in almost 50 years.
Shippers are stepping back from the trans-Pacific trade amid trade uncertainty and tariff fatigue.
Struggling Northern Air Cargo is exiting markets in the Caribbean and a Los Angeles-Honolulu lane to save money and focus on flying smaller aircraft in Alaska and Hawaii.
The Cargo Airline Association is applauding the U.S. Department of Transportation effort to pressure the Mexican government to reverse restrictions on U.S. carriers, which it says are anti-competitive.
Businesses will stop using Canada Post if workers decide to go on strike again, worsening the existing mail drain, according to the Canadian Federation of Independent Business.
Small- and medium-sized businesses are feeling the tremors of unpredictable U.S. trade policy and dozens of recent tariff changes.
The Trump administration is taking punitive steps against Mexico, including the potential cancellation of a joint venture between Delta Air Lines and Aeromexico, for alleged violations of a bilateral air service agreement.
Ocean container rates on the Asia-U.S. trade lane continue to fall, according to Drewry’s latest data.
Uncertainty over tariffs and shifting supply chains undercut the Port of Oakland’s June container volume.
China could block the sale of CK Hutchison’s global port facilities if it doesn’t get a stake in the deal involving a U.S. private equity firm and Mediterranean Shipping Company.
Declining demand and a global tariff fight continue to undermine ocean container rates on key Asia-U.S. trade lanes.
The Canadian government is going around union leadership to force a vote on Canada Post’s contract offer to mail carriers. Voting starts next week.
The official overseeing White House maritime policy is leaving, according to a published report.
The American Association of Port Authorities and legislators want to limit the ability of Customs and Border Protection to bill them for inspection services.
The Federal Maritime Commission has opened a probe into possible anti-competitive pacts between Port Houston and ocean carriers.
Germany-based DHL Group has made a series of management changes in the past month, including new CEOs for the Forwarding and Supply Chain divisions.
The Port of Los Angeles saw container volume surge 8% to a monthly record in June.
FedEx has committed to buy the first ATR 72-600 converted freighter, supplementing the production freighters already in its fleet.
FedEx will honor founder Fred Smith, who died last month, at a large ceremony in August.
Ocean container indicators turn negative as importers wait for developments on tariffs and trade policy.
Chinese-owned Orient Overseas (International) Limited, parent of OOCL, said it carrier 4.4% more containers in the second quarter from a year ago.
International mail systems grew revenue in 2024 as e-commerce shipments negated a downward trend in letter mail.
A global alliance of union dockworkers is planning to meet later this year to map out a strategy to fight automation they say eliminates jobs.
Ocean container rates on the key Asia-U.S. trade lanes continued their downward trend in the latest Freightos index.
Containerized imports through U.S. ports staged a modest comeback in June following a sharp drop in May.
In a move toward zero emissions operations, the Port Authority of New York and New Jersey has introduced an electric truck charging station at Port Newark.
&T Express, a major parcel freight carrier in Southeast Asia, posted record second-quarter volume growth.
Italy-based Ficantieri has a new U.S. chief as it becomes the latest shipbuilder to align with the Trump administration’s aim to revive domestic capacity.
Crowley is expanding its Northeast Atlantic container vessel services to include a key bi-state destination in the U.S. Northeast.
A merchant vessel has been attacked in the Red Sea, the first such incident in 2025.
UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.
FedEx will soon provide a single pricing structure for parcel pickups to coincide with restructuring of Express and Ground networks into a single network.
Shippers are paying an average 21% tariff on containerized imports entering the United States, ocean line Maersk said.
DHL Group has replaced the heads of Global Forwarding, eCommerce and Supply Chain at various levels within the Americas region.
The outlook for Asia trade agreements is improving, which is more than can be said for container rates on the eastbound trans-Pacific.
Ocean carriers to reduce cancelled sailings by 44% in July, says Drewry, but weaker trans-Pacific trades to account for almost half the total.
The U.S. Postal Service is saving a great deal of money with UPS as its prime air cargo vendor instead of FedEx, according to a new inspector general’s report.
https://fwstage.finescale.com/news/us-taking-closer-look-at-ocean-carriers-antitrust-immunity
The Federal Maritime Commission is reviewing a 2020 agreement to determine whether global ocean carriers have overstepped their antitrust immunity.
DHL Express Canada will resume parcel deliveries on Monday after settling a labor dispute that resulted in a three-week strike.
The Memphis-Shelby County Airport Authority passed a resolution on Thursday to begin renaming the Memphis International Airport after FedEx founder Fred Smith.