FedEx grounds more planes to pare costs as margin pressures continue
FedEx is moving to ground an additional 29 aircraft during the current fiscal year, starting from June 1, citing... 
Maersk converts container vessel to methanol dual-fuel engine
A.P. Moller - Maersk (Maersk) said it would retrofit an existing ship to a dual-fuel methanol-powered vessel and...
Congestion at ports and increased shipping costs pose unique challenges for U.S. exporters, who have seen the price of shipping containers increase four-fold in just two years. Meanwhile, ocean carriers that are mostly foreign-owned have reported record profits. Amy Klobuchar, U.S. Senator from Minnesota, following passage of the Ocean Shipping Reform Act of 2022.
The United States Senate, in a show of bipartisanism, on April 1, 2022, unanimously passed a bill
Lufthansa Cargo, Nippon Express Europe conclude SAF agreement
Lufthansa Cargo and the global Japanese logistics company Nippon Express Europe GmbH (Nippon Express Europe) have...
Rhenus Group inks deal for transshipment facilities in Caspian ports
Rhenus Group has inked a deal with the national railway of Kazakhstan in a bid to strengthen its foothold along the...
Boluda Towage expands Asia presence with Hongkong Salvage & Towage Services investment
Boluda Towage (Boluda), the world's largest tugboat operator, is expanding its presence in Asia and has announc...
OOCL announces new China Indonesia Service 2 (CIS2)
OOCL is launching a new service that will connect China and Indonesia. The China Indonesia Service 2 (CIS2) will follow...
Boeing forecasts demand for over 900 new freighters in next 20 years
Boeing is forecasting demand for 2,825 dedicated freighters between 2022 to 2042 as air cargo is seen to continue its...
Allcargo Group makes key appointments post-demerger
Allcargo Group has announced several appointments in key leadership positions within the organisation. In a statement,...
More and more Asian shippers are routing their waterborne exports to the U.S. through ports in the Gulf of Mexico, notably Houston, in order to avoid the bottlenecks and congestion at other large U.S. gateways.
More and more Asian shippers are routing their waterborne exports to the U.S. through ports in the
As fulfillment and delivery rates increase, ecommerce operators are adding surcharges for merchants and pushing consumers away from residential delivery options.
Merchants that are using the Fulfillment by Amazon service of the e-commerce behemoth received
Long-term rates for reefer containers from the US West Coast to the Far East are at their
