The slowing growth rate in global air cargo demand continued into June with volume inching up just 1.2 percent from a year ago, according to the International Air Transport Association.
The idle containership fleet is continuing to grow amid a muted peak-shipping season and an increasing number of cancelled sailings on the Asia-Europe route, according to industry analyst Alphaliner.
E-commerce could be improving food safety in China. Cainiao, the logistics affiliate of online retailer Alibaba, plans to build fresh-food distribution centers in Beijing, Shanghai and Guangzhou. The three DCs will support cold-chain delivery of fresh food purchased on Taobao Marketplace and Tmall.com within 24 hours, with options for delivery on specific dates and times, as well as night delivery.
There is no end in sight to the congestion and labor issues that have long troubled Gateway Terminals India in the Nhava Sheva port complex, India’s busiest container gateway.
Lufthansa Cargo and its affiliate Swiss WorldCargo are introducing a new simplified pricing system for the winter season in response to “the volatility of external cost factors.”
Global Ship Lease, the NYSE-listed container ship-owner, has started to pay dividends as it reported strong second-quarter results and signalled its intention to grow its charter fleet.
U.S. scrap metal exports took a tumble in the first half of 2015 and are expected to fall even more by year’s end, as the strong U.S. dollar continues to weigh on all American exports.
The commissioners of the Ports of Seattle and Tacoma have given the final OK needed to launch an alliance aimed at helping the former rivals stave off growing competition, and regain market share.
Unifor, Canada’s largest private sector union, has filed a lawsuit to force Vancouver drayage firms to pay back wages to drivers that were part of a 2014 agreement to end a month-long strike at Port Metro Vancouver.
The value of major global transportation acquisitions jumped 50 percent in the second quarter and rose 16 percent from the first quarter, as trucking and logistics firms reached across borders to buy their way into new markets and expand services.
CMA CGM plans to deploy three 2,100 twenty-foot-equivalent unit container ships with heavy refrigerated capacity on the North Europe-Caribbean trade lane to handle forecasted rising demand.
The U.S. Federal Maritime Commission has collected $1.2 million in civil penalties from six companies for alleged Shipping Act violations, the agency announced Tuesday.
In the latest leadership change at Norfolk Southern Corporation, the company announced Tuesday that Deborah Butler, chief information officer and executive vice president of planning, will be retiring October 1.