The shortfall is affecting planning at carriers including American Airlines and United Airlines, as persistent supply-chain problems and regulatory concerns rattle the business.
The spate of cancellations in October marks a sharp reversal from a few months ago, when shipping lines commanded premium prices and booked record profits.
The airline plans to suspend service at New York’s John F. Kennedy International Airport, following through on a threat earlier this month to halt flights if regulators don’t allow the carrier to expand there.
The difficult job of rebuilding communities pummeled by Hurricane Ian is expected to be made even worse by a problem that’s lingered since the early days of the pandemic: snarled supply chains.
The Jacksonville port, the state’s largest commercial cargo port, joined Port Tampa Bay in moving to halt all operations and restricting inbound trucks to only essential business.
Fabric, which operates small, automated distribution centers in densely-populated areas, is cutting its workforce and shifting its business strategy as grocers and retailers look instead to add automated operations inside stores.
"Alice" lifted off Sept. 27 at 7:10 am local time from Grant County International Airport (MWH), flying for a total of eight minutes and reaching an altitude of 3,500 feet.
The shortfall shrank 3.2% to $87.3 billion last month, Commerce Department data showed Sept. 28, suggesting a tailwind for economic growth in the third quarter.
The latest supply chain news, analysis, trends and best practices for companies operating in the United States, Canada and Mexico. Learn how businesses are optimizing supply chain and logistics performance across North America - addressing a range of challenges such as varying regulations, labeling and packaging requirements, customs and tax laws and government controlled exchange rates.
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