Cargo

Jiangnan Shipyard has introduced a new Molten Salt Reactor (MSR)-based container shipping concept that places fourth-generation nuclear energy at the...

Global air cargo markets saw a sharp weekly contraction in Week 22, with volumes dropping 9% year on year for...

Global airfreight demand continues to show striking resilience, maintaining a stretch of year-on-year monthly growth through March even as geopolitical tensions, tariff uncertainty and regional disruptions continue to test the market’s stability.  While volatility has not disappeared, the industry’s ability to adapt has become increasingly visible. Capacity constraints linked to conflict zones and longer routing patterns are pushing operating costs higher, but they are also supporting stronger yields across key trade lanes. At the same time, widening trade imbalances are making network...

Greek shipowner Aegean Shipping Management has taken a significant step in its growth strategy by entering the Very Large Crude Carrier (VLCC) market for the first time, placing an order for four new tankers at China’s Hengli Heavy Industries.  The order, announced during Posidonia in Athens, includes two LR2/Aframax tankers...

In a landmark strategic shift, Global Ship Lease has entered the newbuilding market for the first time in its history, committing approximately $917 million to the construction of 10 new containerships as it prepares to modernise its fleet for the next generation of container shipping trades.  The Athens-based company announced that it has signed individual contracts for...

The latest U.S. Bureau of Labor Statistics (BLS) employment data reveals a mixed and somewhat unstable picture for the freight and logistics labor market,...

Cold Chain Technologies (CCT) has announced the European launch of its EcoFlex range, a family of reusable temperature-controlled parcel shippers specifically designed...

Mountain Air Cargo, a regional cargo airline operating on behalf of FedEx, is seeking a waiver from the U.S. Federal Aviation Administration (FAA) as part of its fleet modernisation strategy, warning that key cargo services to several Caribbean islands could be jeopardised without regulatory relief.  The North Carolina-based carrier has formally petitioned the...

The United States is weighing the introduction of new tariff measures targeting 60 trading partners, following investigations into the alleged...

AD Ports Group has taken a major strategic step in its international expansion with its largest acquisition to date, moving into South America through a deal valued at AED3.1bn ($835m) for Brazilian agri-bulk terminal operator Corredor Logística e Infraestrutura (CLI).  The acquisition marks a first entry into the region for the Abu...