Air Cargo

Air Cargo

News and analysis of air cargo shipping and transportation companies.

News & Analysis

29 May 2020
Extensive capacity cuts on the Asia–Europe and Asia–Med trades are holding up container spot rates, and some carriers are even announcing rate increases in May and June.
DCLI to leave Chicago cooperative chassis pool
20 Feb 2020
DirectChassis Link, one of the three largest US chassis providers, will be exiting the Chicago cooperative chassis pool this year, a blow to those who envision a market in which any chassis can be used on any container.
20 Feb 2020
A.P. Moller-Maersk’s integration strategy calls for the carrier to grow its non-ocean segment to half the business, but that process slowed dramatically in 2019.
20 Feb 2020
Lufthansa Cargo will offer instant air freight quotes via an application programming interface with digital forwarder Fleet, a company in which the German airline invested in 2018.
20 Feb 2020
Capacity expansion at Bangladesh’s second port of Mongla is meant to relieve congestion at the busy port of Chittagong, where frequent vessel backlogs result in delays and demurrage costs for shippers.
20 Feb 2020
Following imposing draft restrictions in four of the last six years, Panama Canal Administrator Ricaurte Vásquez says a new approach is needed since the value of the larger locks, completed for some $5.25 billion in 2016, is for naught if full water draft can’t be guaranteed.
20 Feb 2020
Due to reduced demand tied to the coronavirus, Maersk said it has cancelled more than 50 sailings beyond what it normally cuts during the traditional Chinese Lunar New Year lull.
19 Feb 2020
MPV/HL carrier Zeamarine files for insolvency in Bremen court as the Zea Gold is arrested for bunkers on board.
19 Feb 2020
Coyote Logistics predicts truckload contract rates will remain flat to down in 2020 versus a year ago, while spot rates will be higher than 2019 levels very soon.
19 Feb 2020
With Canadian National Railway’s Eastern Canadian network virtually shut down due to First Nation blockades protesting a planned pipeline, shipping and other business groups are urging Prime Minister Justin Trudeau to bring an end to the conflict.
19 Feb 2020
Maersk is more than doubling its warehousing and distribution assets in North America through an acquisition that serves as another signal of its commitment to transition from container line to integrator.
19 Feb 2020
Europe’s hub ports are bracing for the impact of the coronavirus on volumes as the number of canceled sailings reached unprecedented levels.
19 Feb 2020
Colombo had respectable container volume growth last year, but saw its dominance over Indian cargo begin to slip following cabotage reform enacted in mid-2018.
Hapag-Lloyd advances profitability despite difficult fourth quarter
19 Feb 2020
A weak container shipping environment in the fourth quarter was unable to prevent Hapag-Lloyd growing both revenue and average freight rates across the year.
Texas inland port to offer rail link to Mexican manufacturers
19 Feb 2020
The developer of a Texas industrial park scheduled to open in early 2021 says it will work with Kansas City Southern of Mexico to offer a shorter, cheaper way for Mexican manufacturers to ship goods to Houston and other Texas markets.
18 Feb 2020
Declining imports due to factory shutdowns in Asia from the Lunar New Year and the coronavirus are beginning to produce a shortage of empty containers in the US interior, with the shortages expected to spike in March.
Port of Prince Rupert rail restored
18 Feb 2020
A rail blockade in Ontario as part of a more than week-long First Nation protest against a proposed oil pipeline in Canada remains in place, and CN’s eastern Canadian network is at a near standstill.
18 Feb 2020
Truck tonnage increased for the second straight month in January, but a weak manufacturing sector and high inventories are keeping a lid on freight demand.
18 Feb 2020
Truckload carrier Alabama Motor Express sees opportunities to grow by purchasing smaller carriers hit by rising truck insurance premiums.
18 Feb 2020
Stakeholders on the ground say the supply chain in coronavirus-hit China is beginning to show some initial signs of recovery, albeit slowly, and normal operations aren’t expected until well into March.
18 Feb 2020
With no belly cargo available for flights to China, demand for chartered freighter capacity has risen sharply, along with air freight rates, as relief aid and medical supplies move to the country amid the coronavirus outbreak.
Transfix looks to the future with guaranteed rate product
18 Feb 2020
The truckload freight marketplace Transfix is allowing shippers to guarantee forward spot rates up to a year out based on an machine learning model it has been using internally for more than a year.
18 Feb 2020
Shippers have long complained of transshipment containers being rolled with little or no warning, but new data tracking the issue has revealed the extent of the problem.
Container capacity cuts can't stop coronavirus-fueled spot rate dive
17 Feb 2020
Carriers are not having much success in balancing capacity with falling demand as the coronavirus impact cuts China’s export volume.
14 Feb 2020
US refrigerated (reefer) shippers reported improved service from ocean carriers in 2019, but equipment issues and other uncertainties could impact cold chains this year.
PIL to exit trans-Pacific in March, citing ‘strategic review’
14 Feb 2020
Pacific International Lines, which participates in a half-dozen trans-Pacific services, mostly in slot-charter arrangements, is exiting the highly-competitive Asia-US trade lane.
Houston gets $21.8 million federal grant for terminal expansion
14 Feb 2020
The Port of Houston has been awarded a $21.8 million federal grant to help fund the extension of a berth at the Bayport Container Terminal.
14 Feb 2020
Federal grants totaling almost $33 million for the neighboring ports of Los Angeles and Long Beach will help support intermodal rail efficiency at the Southern California port complex.
14 Feb 2020
US shippers are demanding more precise delivery times for their goods, as retail charges for late deliveries and better awareness of truck driver hours of service raise the stakes in visibility.
PortMiami wins $44 million federal grant for perishables
14 Feb 2020
PortMiami won a $44 million federal grant which will be used to improve the cold chain cargo facilities to handle temperature-controlled food, and perishables such as flowers.
14 Feb 2020
The Northwest Seaport Alliance is pushing infrastructure development, terminal modernization, process improvements, and rail enhancements to become more efficient and make the gateway more competitive in the trans-Pacific trade.
Reefer surcharges rocket due to Chinese port plug scarcity
14 Feb 2020
US exporters of refrigerated (reefer) cargo are facing costly delays in China and equipment shortages in the United States due to extended factory closures and limitations on worker movement caused by the coronavirus outbreak.
14 Feb 2020
Shippers in Bangladesh are preparing for delays and higher costs after the Chittagong Port Authority implemented a precautionary measure related to the coronavirus that will keep vessels coming from China idling offshore for at least a week.
14 Feb 2020
JOC's Bill Cassidy previews the trucking track at TPM20 (1-4 March), which will include East Coast intermodal/truck competition, West Coast transloading issues, shipper and editorial insights, and predictions on the overall health of the industry.
14 Feb 2020
Sponsored: NAI's Adam Roth on his "Rule of 1.5," and the transportation concerns that will impact real estate in 2020/2021. Roth discusses maritime and trucking regulations, precision scheduled railroading, and his bullish outlook on the market.
Feds award $93 million to the Port of Jacksonville dredging project
13 Feb 2020
The award of two federal grants to the Jacksonville Port Authority (JAXPORT) will help fund a dredging project that will allow the port to handle larger vessels.