Carriers blank sailings at pandemic pace to prop up rates
Containerlines are scrapping sailings at a pace not seen since the height of the pandemic, as tariff turbulence and weak US demand ripple through global supply ...
Freight News
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Virgin Atlantic Cargo expands digital access via CargoAi
Virgin Atlantic Cargo has joined forces with CargoAi, a leading digital platform for the airfreight industry, in a strategic partnership aimed at expanding the ...
FedEx Freight rounds out leadership roster, names new CFO
FedEx Corp. announced on Monday that it has fully assembled the leadership team for its less-than-truckload unit, which is scheduled to spin off into a separate...
WEC Lines boosts Bilbao–UK–Ireland service
WEC Lines has upgraded its containerised freight service between Bilbao, the United Kingdom, and Ireland with the introduction of a second vessel, improving tra...
ICTSI locks in Subic Bay terminals extension with $130m upgrade plan
Manila-headquartered International Container Terminal Services Inc (ICTSI) has secured a 25-year extension for its concession agreements to operate Subic Bay’...
Middle East/Indian subcontinent trade grew
Containerized trade to/from/within the Middle East/Indian Subcontinent grew by a substantial 7% year-on-year to 16.1 million TEU according to provisional figure...
Korea’s Intra-Asia box trade down 5.9%
South Korea’s container trade with East Asian economies declined in August, falling 5.9% year on year to 345,300 TEUs, according to preliminary data from the ...
Long Beach port chief Mario Cordero to retire
WASHINGTON — Port of Long Beach CEO Mario Cordero will retire at the end of the year after dedicating over 20 years of service to the nation’s container...
Trucking industry facing ‘horrible’ rates, tariffs, Werner CEO says
SAN ANTONIO — At the WEX OTR Summit, Derek Leathers, chairman and CEO of Werner Enterprises, warned of tight capacity and higher operating costs in the tr...
Nearly one-third of EV charging attempts fail, report finds
A newly released report by ChargerHelp! shows that while 64% of Americans now live within two miles of an electric vehicle charging station, nearly one-third of...
Drop for rail freight in latest week
U.S. rail traffic showed one of its biggest single-week dips compared to 2024 for the week ending Sept. 6, with volume down 2.4% compared to the same week a yea...
Boluda buys Boskalis towage arm in Australia and Papua New Guinea for $640m
Spanish towage giant Boluda has struck a $640m deal to acquire Royal Boskalis’ harbour towage and salvage business in Australia and Papua New Guinea, cementin...