There was “healthy growth” in international air cargo, said the Association of Asia Pacific Airlines (AAPA) in its preliminary traffic figures for October. Reflecting the sustained upturn in global trade for consumer and intermediate goods, Asia Pacific airlines saw international air cargo demand, in freight tonne kilometres (FTK), increase by 5.8% in October above the […]
Air cargo operators and logistics services providers are heading into the Black Friday weekend shopping frenzy at the end of a year, which has filled all available air cargo capacity, more than doubled freight rates, and given a healthy boost to the plane charter business. All expectations are that today’s Black Friday, Cyber Monday at […]
The Georgia Ports Authority welcomed the arrival of four massive ship-to-shore cranes at the Port of Savannah’s Garden City Terminal on November 22, 2017. The four cranes passed River Street in Savannah on their way to Garden City Terminal, sailing under the Talmadge Bridge. The new cranes, which bring the Port of Savannah’s fleet to […]
A shopping spree by two billionaires is shaking up a shipping industry still recovering from years of falling rates and overcapacity. Jacques Saade’s CMA CGM SA, the world’s third-largest container line, announced an order for nine massive vessels in September, after a year of tepid sales for new ships. Within days, Gianluigi Aponte’s Mediterranean Shipping […]
More than 174 million U.S. shoppers made purchases over Thanksgiving weekend and Cyber Monday, the National Retail Federation said on Tuesday, beating the industry group’s expectations and signaling a strong start to the holiday quarter.
U.S. consumer confidence unexpectedly improved in November to a fresh 17-year high, a sign Americans are growing more confident about the economy and labor market, according to figures Tuesday from the New York-based Conference Board.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 25, 2017. For this week, total U.S. weekly rail traffic was 463,602 carloads and intermodal units, up 2.4 percent compared with the same week last year. Total carloads for the week ending November 25 were 230,326 carloads, up 0.2 […]
The following are prepared responses to questions posed to panelists participating on the “Future of Freight” panel organized by the Council for Supply Chain Management Professionals San Francisco Roundtable on Nov. 8 at the Uber headquarters in San Francisco. The responses were developed by the JOC editorial team and include commentary from the lead JOC […]
With the start of a new federal rule requiring digital tracking of the number of driving hours truckers log only weeks away, drivers critical of the regulation are launching sporadic protests and hoping for a last-minute congressional reprieve.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 18, 2017. For this week, total U.S. weekly rail traffic was 554,066 carloads and intermodal units, up 1.2 percent compared with the same week last year.
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