Air Cargo

Air Cargo

News and analysis of air cargo shipping and transportation companies.

News & Analysis

22 Jan 2021
Despite an acceleration in COVID-19 cases among longshoremen in the ports of Los Angeles and Long Beach, waterfront employers say there are enough general dockworkers to handle near-record container volumes, although a shortage of trained equipment operators is a problem.
19 Nov 2020
Convoy has seen considerable volume growth for a program under which loads are pre-staged for drivers, prompting the freight broker to develop more predictive capability to route empty equipment to shippers’ facilities.
19 Nov 2020
Indian shippers are preparing for other carriers to levy equipment surcharges for US-bound cargoes after Mediterranean Shipping Co. said it will do so starting Dec. 3.
19 Nov 2020
The forwarding share of Maersk’s business has remained constant over the past five years, and CEO Soren Skou is confident that the carrier’s logistics-focused strategy will not upset that relationship.
18 Nov 2020
While not as high as their prior forecast, shippers in the eastbound trans-Pacific should still expect service contract rates next spring above current levels because carriers will continue their policy of tight capacity management, Drewry says.
18 Nov 2020
Zim this week announced new Asia-Australia and US-Mexico services and said another new service announcement would come soon.
18 Nov 2020
The share of revenue from Maersk’s logistics sector continues to grow as the carrier expands its landside business.
18 Nov 2020
Shippers forced out of air and ocean trades by limited space and high rates are turning to overland transport from China to Europe, but the high demand is stoking capacity and equipment issues.
18 Nov 2020
Feeder vessels are seeing over 48 hours berthing delay in Colombo and nearly 36 hours in Singapore, lowering the number of possible voyages and raising costs.
17 Nov 2020
The latest episode of JOC Uncharted features a discussion with Daniel Walsh, president and CEO of TRAC Intermodal, who will share how TRAC guarantees that carriers operating premium trans-Pacific services will be able to fulfill the equipment guarantees in their contracts with customers.
17 Nov 2020
By giving customers a chance to designate shipments for delivery on ships generating fewer emissions than those powered by bunker fuel, CMA CGM is able to capitalize on its unique assets: LNG-powered ships
17 Nov 2020
By giving customers a chance to designate shipments for delivery on ships generating fewer emissions than those powered by bunker fuel, CMA CGM is able to capitalize on its unique assets: LNG-powered ships
17 Nov 2020
Shippers will need to look not just at multiple transportation modes, but across modes, to secure capacity in 2021, digital broker Loadsmart said.
17 Nov 2020
Maersk is steaming towards an annual result that would be impressive even in a year that was not severely disrupted by a global pandemic.
17 Nov 2020
Digital forwarder Forto has snared its second large funding round of 2020 based on a three-fold growth in its ocean freight this year.
17 Nov 2020
The pandemic has increased food insecurity in many countries, while some buyers ordering more inventory to hedge against potential supply chain disruptions and bottlenecks.
17 Nov 2020
DCSA and BIC have built a database of 11,000 depots, container yards, maintenance and repair vendors, and other supply chain container facilities in 160 countries.
17 Nov 2020
Shippers moving cargo on the Asia-Europe spot market will pay a high price, but once lower contract rates are factored into the market, the overall rate development is less impressive, says Hapag-Lloyd.
17 Nov 2020
The growth of e-commerce, higher shipping costs, and limited capacity available from traditional last-mile operators have prompted third-party logistics (3PL) providers to expand into last-mile services.
16 Nov 2020
A coalition of stakeholders says they will consider calling for an update of the Shipping Act of 1984 next year after asking the FMC for more immediate relief on detention and demurrage charges in the US’s two largest port complexes.
16 Nov 2020
Faced with the COVID-19 pandemic, shrinking investment in capital projects, and a slow-but-game-changing global shift towards a lower-carbon future, the industry is again recalibrating its project logistics relationships.
16 Nov 2020
In the short term, EPCs see a painful gap growing in the oil and gas “project pipeline” because capital projects worth billions of dollars were delayed, with a few canceled or downsized.
16 Nov 2020
Many trans-Pacific shippers still have contract rates far below current spot rates, and while they cannot necessarily ship all their cargo on those low rates and at the same time get the space and equipment they need, they still do benefit.
16 Nov 2020
Wallenius Wilhelmsen turns in a positive third quarter as pent-up demand boosts auto sales while high and heavy cargo wavers.
16 Nov 2020
The intensity of Asia import flow is also shifting on the West Coast as volumes in October rose more sharply through the Northwest Seaport Alliance than though Southern California.
13 Nov 2020
Benefitting from equipment shortages in Asia and tight vessel capacity, NVOs continue to gain market share, but it’s the mid-size NVOs who are gaining at the fastest pace.
13 Nov 2020
Higher pay is just a starting point for the solution to a resurgent driver shortage, J.B. Hunt’s Shelley Simpson tells the JOC Inland Distribution Webcast. Greater efficiencies, more shipper cooperation are key to improving driver jobs.
13 Nov 2020
South Korean regulators held three meetings this week with shipping lines, cargo owners, and exporters to discuss cargo-related issues.
13 Nov 2020
Carriers believe inventory replenishment in early 2021 could offset a drop in consumer spending and maintain volume on the Asia-Europe trades.
13 Nov 2020
Carrier earnings for the third quarter are coming in, and as expected have extended the profitable momentum that built through the first half of the year.
12 Nov 2020
Pleas by truckers and shippers for carriers to work more closely with them to reduce congestion at the ports of Los Angeles and Long Beach resonate with shipping executives.
12 Nov 2020
As contract freight volumes begin to rise year over year, more pressure will come to bear on contract truckload rates, DAT’s Chris Caplice told the JOC Inland Distribution Webcast.
12 Nov 2020
The sustained demand for Asian exports is worsening an equipment imbalance that has built steadily through the peak season on the trans-Pacific and Asia-Europe trades.
12 Nov 2020
Moody’s Investors Service’s upgrade of the container shipping industry comes after Drewy last month upgraded its own 2020 profit expectation for the industry by 16 percent to $11 billion.
12 Nov 2020
High rate levels through the third quarter enabled Taiwanese carrier Yang Ming to return to profitability after spending almost three years in the red.
12 Nov 2020
The durability of the Asia import surge into North America has surprised even veteran forecasters, who still believe it can’t be sustained for much longer.