Freight News

Transpacific Air Travel On The Rebound

The volume of passengers crossing the Pacific is increasing every day, according to Korean Air, the largest Asian airline in America.“We’re seeing a significant increase in passengers as borders open,” says John Jackson, Korean Air’s VP of sales and marketing. “We’re increasing capacity to meet demand by using larger aircraft on the more popular routes.”Korean Air will be introducing A380 flights from New York and 747-8i from Los Angeles in ... [+]

Virginia is 1st US East Coast Stop for CMA CGM

The containership CMA CGM Centaurus made its first US East Coast on June 17 at The Port of Virginia® signaling the beginning of ocean carrier CMA CGM’s Chesapeake Bay Express (CBX) service that directly links the port with several important Asian markets. The vessel is ... [+]

FMC Approves $2M Settlement Agreement with Hapag Lloyd

The Federal Maritime Commission approved a settle agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd AG on June 8 whereby the ocean carrier will pay a $2 million civil penalty to address alleged violations related to their detention and demurrage practices. “To restore full confidence ... [+]

GPA sets all-time trade record in May

Georgia Ports Authority moved an all-time high 519,390 TEUs in May, breaking the previous record of 504,350 TEUs set in October 2021.GPA’s May volumes grew by 8.5%, or 40,770 TEUs, compared to the same month last year.“Despite global supply chain challenges, the Port of Savannah ... [+]

Halifax Port Authority releases its 50-Year Plan

The Halifax Port Authority 50-Year Plan looks at port planning to 2070 and the various benchmarks that willtrigger expansion projects. "Our goal is to build smart, in a way that is financially and environmentally sustainable, and that complements our surrounding community," said Captain Allan Gray, President ... [+]

Lufthansa Cargo opens new Fine Arts warehouse at Frankfurt Hub

Lufthansa Cargo recently opened a new Fine Arts warehouse facility at the Frankfurt Hub, thus continuing the path it has begun to modernize its largest airfreight hub. With 155 square meters, the ARTcube in the Lufthansa Cargo Center now offers its customers twice as much ... [+]

Port of Mobile container volumes remain robust

Calendar year-to-date 2022 through May container volumes remained robust at the Port of Mobile posting 225,883 TEUs or an 11.6% gain over volumes handled during the same period last year. May 2022 container volumes at the Port of Mobile were down 6% handling 41,232 TEUs ... [+]

Port of Virginia sets new monthly cargo volume record in May

The Port of Virginia® continues processing record-setting amounts of cargo having handled more than 340,000 TEUs in May and in doing so making it the most productive month in the port’s history.May’s TEU total surpassed the previous all-time monthly volume mark by more than 14,500 ... [+]

Ports of Montreal, Quebec City and Trois-Rivières join forces

The Port Authorities of Montreal, Québec and Trois-Rivières have announced the creation of a working group to identify and facilitate the implementation of joint initiatives. The signing of a collaboration agreement between these three ports on the St. Lawrence River is motivated by strategic, environmental, ... [+]

Fall in Air Cargo Demand in line with Expectations, says IATA

The International Air Transport Association (IATA) released April 2022 data for global air cargo markets showing a drop in demand and contraction in capacity. The effects of Omicron in Asia and the Russia–Ukraine war continue to create a challenging operating backdrop that is driving the ... [+]

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