Maersk orders raft of 18,000 teu LNG newbuilds in China
Maersk has returned to New Times Shipbuilding (NTS) with an order for eight 18,000 teu LNG dual-fuel containerships, according to multiple broking reports, with...
Freight News
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Poland unveils plans for new 2m teu deepwater hub at Świnoujście
Poland has revived plans for a major container port at Świnoujście, part of a 186 ha development known as Cape Pomerania, aiming to create the country...
Death toll in UPS cargo jet crash rises to 7
Customers could experience shipping delays this week following the crash of a large UPS freighter aircraft that experienced an undetermined catastrophic failure...
UPS cargo jet crashes during takeoff from Louisville hub
An MD-11 freighter aircraft operated by UPS crashed around 5:15 p.m. ET on Tuesday after departing from Louisville Mohammad Ali International Airport in Kentuck...
Container rates rise again in Week 44
Global container spot rates climbed for a third week. The Drewry World Container Index rose 4% to $1,822 per FEU in Week 44, though still 43% lower than last ye...
UPS expands healthcare reach with completion of Andlauer Healthcare deal
UPS has completed the acquisition of Andlauer Healthcare Group, a provider of logistics and refrigerated transportation services for the healthcare sector in Ca...
The Perfect Storm: Why freight brokerages face a wave of failures in 2026
If the current freight climate continues, a number of freight brokerages—many of them large—will likely fail over the next year.The current market p...
Cargojet, Latam add new freighter routes, capacity to Europe
Canada-based Cargojet and the cargo arm of Latam Airlines Group, headquartered in Colombia, have added scheduled freighter routes to and from Europe, giving bus...
Is the goods economy in a recession? Freight data suggests so
As someone who’s spent decades immersed in the freight and logistics industry, I’ve learned that freight data often tells the story of the broader economy l...
Airbus widens order lead over Boeing for next-gen freighter jets
Korean Air, the sixth largest cargo airline in the world by traffic carried, has switched its order for seven Airbus A350-1000 passenger aircraft to the all-new...
Air China Cargo to order six A350 freighters from Airbus
Air China Cargo, the 12th largest cargo airline in the world by scheduled traffic, announced its intent to sign a purchase agreement with Airbus for six A350 fr...
SeaTrek joins forces with Legasea to expand dry bulk business
Singapore-based dry bulk operator SeaTrek has entered a strategic partnership with Legasea, a fellow freight player backed by a private investment fund, to stre...