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. 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.)

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.

When doing business globally, who pays the freight, you or your vendor? Who assumes the risk if cargo is damaged? Enter Incoterms, a set of international rules that interprets the most commonly used trade terms.

Shippers are shifting their cargo to the air as the Europe-Asia ocean capacity shortage drives up freight rates on the traditional backhaul sea route. IAG Cargo has reported a 23 percent increase in air freight volumes on key routes from Europe into Asia Pacific over the first two months of the year compared with the […]

Following the first quarter of 2017 optimism seen in the containership industry, as well as the sentiment shift in the markets, the industry could be heading to healthier rates with earnings following the course, according to Maritime Strategies International (MSI).

A 5 percent increase in global container port traffic in the final quarter of 2016 points to an uptick in a market that has viewed modest growth over the past two years as the new normal, according to Drewry Shipping Consultants. (This article requires a subscription to the Journal of Commerce. To subscribe, please click […]

Boeing Co. has a temporary plan to save the iconic but slow-selling 747 jumbo jetliner: buying its own planes and leasing them to cargo haulers. With the effective shutdown by Congress of the U.S. Export-Import Bank — which traditionally has helped overseas carriers purchase planes — Boeing lost a key sales tool. Making matters worse, […]