American Airlines Cargo has launched a daily nonstop service between Los Angeles and Hong Kong, complementing its American's Dallas/Fort Worth-Hong Kong route, which began in 2014.
The boom in e-commerce is a global phenomenon, but each country has its own unique requirements for ensuring the smooth flow of shipments to the buyer.
A proposal to include emissions from shipping in the European Union's 2030 emissions reduction target through the E.U. emissions trading system (ETS) has gained cross-party support among members of the E.U. parliament.
The recent increase in container freight rates on major east-west trades is no more than a flimsy disguise for the "fundamental weakness" of the ocean shipping industry, according to ocean freight rate benchmarking and market intelligence provider Xeneta.
Optel Vision, a provider of inspection and serialization systems for the global pharmaceutical industry, has released version 2.0 of its Open SiteMaster site server software.
This summer, dockworkers, truckers and railroads geared up for a surge of retail goods passing through U.S. ports that hasn't occurred. Imports are flat at major seaports on both coasts heading into peak shipping season, the stretch in late summer and early fall when retailers usually load up on imported toys, clothing and other merchandise to sell to holiday shoppers. If the trend holds, it will be the second year in a row without a traditional peak.
Effective Dec. 26, 2016, the UPS U.S. ground service daily rate will increase by an average net 4.9 percent. Daily rates for UPS U.S. air and international services will increase an average net 4.9 percent. UPS airfreight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 4.9 percent, also effective Dec. 26, 2016. Further, UPS Freight announced an average net 4.9 percent general rate increase effective Sept. 19, 2016.
Freightos, looking for an edge in the crowded field of tech-driven shipping start-ups, is buying a database of air cargo rates to fill a gap in its new online marketplace.