Shippers continue to fuel upward movement in trans-Pacific container rates as 2025 approaches, and there are likely more increases on the way.
https://t.co/vJTUMOV0oc
The Port of Oakland saw surging container imports continue in November, the 13th straight month of increased loads for the Northern California gateway.
https://t.co/gtZ6cxVWU4
Maersk Air Cargo, part of the Maersk ocean and logistics empire, will resume freighter service from China to its South Carolina hub at the start of the new year but will originate from a different city this time, FreightWaves has learned.
https://t.co/9jtoM6sLui
Air Canada has leased out two lightly used Boeing 767-300 freighter aircraft to Ethiopian Airlines, the largest passenger carrier in Africa and a rising player in the air cargo market with 17 dedicated freighters. https://t.co/rDTpTEukQP
While negotiations on a new East Coast longshore contract remain at a standstill, online bettors aren’t convinced a January strike is inevitable.
https://t.co/QRDzefmusa
Prominent industry stakeholders are cautioning that the 2025 growth rate in air cargo volumes could be cut by half, or more, from this year’s elevated levels. https://t.co/TJZrJmO62s
Atlas Air Worldwide announced Klaus Goersch as chief operating officer. He will take responsibility for managing daily operations from CEO Michael Steen, who has held both roles since July, when Richard Rolland retired after 24 years with the company.
https://t.co/VufAwDv5HG
Political and labor tensions kept late November container rates to the U.S. strong in what is usually a slow period following the peak shipping season.
https://t.co/WEHx2duBbA
Express shipments will account for a quarter of all air cargo business by 2043 as e-commerce sales growth outpaces general cargo by a wide margin, contributing to a two-thirds increase in the global freighter fleet to meet shipping demand. https://t.co/XIngnpW8xA
Canada’s largest integrated parcel carrier will upgrade its British Columbia feeder network by replacing 3 aging Convair freighter aircraft with 3 ATR72-500 turboprop freighters to be operated by longtime partner KF Aerospace under a new 10-year contract.
https://t.co/bN1MfskW67
The peak season for air cargo increasingly looks like it will be quite healthy, but without the normal bounce typical at the end of the year. https://t.co/UKi3Wva247
Container volumes continued their torrid pace in October, but the Port of Los Angeles posted improved times in getting those boxes out the door to inland destinations.
https://t.co/g0jI4R7NW4…
Etihad Airways has decided to exercise an option for three Airbus A350 next-generation freighters, bringing its total order to 10 aircraft, said Stanislas Brun, vice president of cargo. https://t.co/DJRxoYwse8
21 Air, a small cargo airline, began operating the first of seven Boeing 767-300 freighter aircraft on behalf of Amazon as it pivots from long-time partner Atlas Air to other cargo airlines that can support its domestic air delivery network. https://t.co/6VH39Unn97
The International Longshoremen’s Association has broken off contract negotiations with East and Gulf Coast port employers, accusing them of pushing automation technology into a new coastwise labor pact that would eliminate union jobs.
https://t.co/bp69zVYRd0