UPS package vehicle
Strong business demand for package and freight transportation drove volumes and revenue higher at UPS in the second quarter.

Port of Savannah
The Port of Savannah broke the three-million-TEU mark for the first time in its recently ended fiscal year, a new record for the port.

Maersk chassis
TRAC Intermodal CEO Keith Lovetro says he’s optimistic a “gray” chassis pool can be created for the Port of New York and New Jersey, but that chassis providers should have a say in how the portwide pool is governed.

Gene Seroka
In Gene Seroka’s first meeting with Los Angeles Mayor Eric Garcetti after being named executive director of the Port of Los Angeles last month, the mayor told Seroka what is expected of him: “Maintain and grow the nation’s number one port.”

A long-awaited tunnel linking Miami’s port to the interstate highway system will be open for business at the beginning of next week, after months of delays.

Facing growing port congestion, the port of Hamburg is implementing a far-reaching plan to better manage truck traffic of containers moving in and out of its terminals.

Dredging has begun on the first of two projects to deepen the Port of Houston’s container terminal channels from 40 to 45 feet, matching the depth of the Houston Ship Channel.

An activist group announced plans to block cargo moving off Israel-based Zim ships at Oakland on Aug. 2 to protest the conflict in Gaza.

The Drewry East-West Air Freight Price Index rose to 101.6 in June.
Air freight spot rates on Drewry’s East-West Air Freight Price Index made up some of the ground lost in May last month, continuing year-over-year pricing gain trends.

Port Metro Vancouver
Last winter, congestion at Port Metro Vancouver was so bad that it triggered a month-long strike by hundreds of truck drivers. Four months later, turn times are averaging less than an hour.

AirBridge Cargo Boeing 747-400ERF freighter
AirBridgeCargo Airlines, Russia’s largest scheduled cargo carrier, plans to add more routes and boost frequencies of existing services over the next six months after traffic soared 16 percent to an all-time high in the first half of the year.

Finnlines, a leading Baltic short sea shipping line, today posted its biggest quarterly profit in eight years as it sold surplus ships, axed loss-making routes and disposed of non-core operations.

Plane in blue sky
Positive developments in China’s export space are raising expectations that the recent strong performance of air and ocean cargo volumes will extend into a solid peak season.