UPS is heading into the “danger zone,” saying it is ready to handle a wider range of higher-risk goods. The express giant is now allowing an additional 400 “dangerous” commodities onto its global air network, as well as increasing the size of allowable shipment. The company is also adding more than 300 products across its […]
Where have all the pilots gone? How a looming shortage may curtail e-commerce
America’s pilot shortage is a slow-burning crisis that has the potential to disrupt the national economy and undercut growing sectors like e-commerce. The U.S. Federal Aviation Administration estimated that the U.S. airline industry contributes more than US$1.3 trillion to the national economy, or 5.2 percent of the country’s GDP.
Port of Long Beach Sees Strongest 1st Quarter Since 2007
The US Port of Long Beach has recorded its best first quarter since 2007, mainly driven by a 20.2 percent increase in March import container volumes, the port said.
U.S. Consumer Sentiment Climbs on Upbeat Assessment of Economy
Consumer sentiment advanced to a three-month high in April as Americans’ optimism about their current financial situation and the economy reached the strongest point since 2000, University of Michigan survey data showed Thursday.
AAR Reports Weekly Rail Traffic for the Week Ending April 1, 2017
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 1, 2017, as well as volumes for March 2017. U.S. railroads originated 1,283,489 carloads in March 2017, up 7.3 percent, or 87,183 carloads, over March 2016. U.S. railroads also originated 1,298,173 containers and trailers in March 2017, up 3.8 […]
Rail traffic sees big boost
U.S. rail traffic totaled 526,471 carloads and intermodal units for the week ending March 25, 2017, up 12% compared with the same week last year, the Association of American Railroads reported on March 29. Canadian and Mexican carriers also realized big gains.
AA Cargo connects Philadelphia and San Juan with widebody flights
American Airlines Cargo has started daily widebody flights between San Juan Luis Munoz Marin Airport and Philadelphia International Airport, connecting the two important pharma hubs. The daily Airbus A330-200 is an addition to the two narrowbody flights in operation, connecting Puerto Rico, a global hotspot for pharmaceutical manufacturing with 12 of the world’s top 20 […]
2017 Air Cargo Roundtable: Positive Outlook Driven by New Demand
Buttressed by the widespread availability of competitive rates and continued expansion in network connections, global air cargo markets showed renewed strength in the second half of the 2016 after a weak start.
U.S. Ports Forge Alliances to Keep Their Spots on Trade Map
U.S. seaports are joining forces, setting aside decades of regional competition over cargo as a wave of consolidation in the shipping industry threatens to cut some cities out of global trade routes. (This article requires a subscription to the Wall Street Journal. To subscribe, please click on the above link.)
Shipper body fears an ongoing boxship capacity crisis
The European Shippers’ Council (ESC) has revealed it will set up a temporary observer group composed of representatives of European exporters to monitor the ongoing ocean capacity shortage on services from Europe to Asia.