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US Army enlists FedEx to modernize logistics at depots

FedEx Corp. has made clear that its future lies with premium B2B logistics services in key industrial verticals that require precision execution, such as automotive, healthcare, aerospace and data centers — not cheap last-mile delivery for online retailers. Add the defense sector to the list of industries the freight …

FreightWaves Железные дороги
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Buying Trucks in a Buyer’s Market: What Owner-Operators Are Weighing Right Now

The scramble is over. Carriers and owner-operators who spent the past few years chasing build slots, paying inflated prices for used units and taking whatever iron they could find are now facing a different problem: plenty of options and very little margin for a bad decision. Lead times have stabilized, used pricing h…

FreightWaves Железные дороги
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Maersk raises profit outlook as earnings surge, but shares slide on expectations miss

A.P. Moller-Maersk raised its full-year earnings forecast on Thursday after higher freight rates drove a sharp increase in third-quarter profit, but its shares fell as the results and upgraded outlook disappointed investors. The stock dropped as much as 11.6% in Copenhagen trading. The Danish shipping and logistics gr…

FreightWaves Порты и суда
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Port of Long Beach set to handle record 10m teu this year

The Californian port of Long Beach is predicted to handle more than 10m teu this year, for the first time. “It’s been a peak year,” Port of Long Beach CEO Noel Hacegaba told The Loadstar on the sidelines of the World Ports Conference in London this week. “This could well be the first 10m teu year for us.” His comments…

The Loadstar Порты и суда
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US importers should reconsider farming out customs paperwork, warns CargoTrans

US importers using ‘delivered duty-paid’ (DDP) shipping arrangements face increasing compliance and financial risks, as Customs and Border Protection (CBP) intensifies its scrutiny of foreign importers of record, according to CargoTrans. Nunzio De Filippis, co-CEO, and Rennie Alston, director of trade compliance, warn…

The Loadstar Порты и суда
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October Sees Surge in Attacks on Ships in Strait of Hormuz

A record 34 vessels were attacked while transiting the Strait of Hormuz in October, accounting for more than a quarter of all reported attacks on ships in the region since the start of the Middle East conflict.

Caspian Post Порты и суда
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Mærsk prints billions, but doesn’t build confidence

It was a strong quarter for all three units. (Stock market reaction: -11.6% in early trade.) So opened the Q3 26 call with analysts by AP Møller-Mærsk (APMM) CEO Vincent Clerc, whose prepared remarks went on, and on, and on, and on for well over 10 minutes. That did feel like a good hour of my life wasted again and th…

The Loadstar Торговля
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Ocean the star as Maersk reports Q3 bump in revenue, but drop in volume

Maersk experienced a 27% year-on-year bump in its third-quarter revenues, hitting $18.1bn, buoyed by a sharp rise in container freight rates that more than offset a slight dip in volumes, prompting it to join ONE in revising its full-year outlook. While the Danish shipping and logistics group said revenue growth had b…

The Loadstar Порты и суда
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‘Reminds me of Covid’: AI equipment chokes Taiwan’s air cargo gateway

Uncollected imports are clogging cargo warehouses at Taiwan Taoyuan Airport, tying up dollies and slowing aircraft unloading as equipment arrives to support the island’s AI and semiconductor industries, according to local forwarders. Seko Logistics has reported handling pressure affecting China Airlines, EVA Air, and …

The Loadstar Порты и суда
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DHL’s growth broadening beyond Express – Global Forwarding sparkles

With the headline numbers pre-released three weeks ago, the full third-quarter report matters most for where DHL’s growth is coming from. Express still earns about 60% of group profit, but forwarding is winning air freight faster than its main rivals in a tight market, and Supply Chain’s new contracts are up 42% this …

The Loadstar Порты и суда
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GXO Logistics – it’s all about margins, stupid!

Three months after a beat-and-hold quarter tested the market’s patience, GXO delivered what it called its fastest organic growth in more than three years, largely finished integrating Wincanton and stepped up buybacks. Premium y’day wondered ahead of trade: ‘Where is the joy?’ – well, the shares rose 9.5% on the day o…

The Loadstar Торговля
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Continued congestion at ports puts pressure on intra-Asia box rates

Congestion at several ports continues to put upward pressure on intra-Asia container freight rates, despite improving conditions at major Chinese gateways and key transhipment hubs. The result is the Drewry Intra-Asia Container Index (IACI) is up by $46, to $1,504 per 40ft. Spot rates from Greater China to North-east,…

The Loadstar Аналитика
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KLM reshapes cargo handling as AI demand fuels growth

KLM plans to consolidate cargo handling at Schiphol to accommodate additional freight without hiring more staff, as AI supply chains and disruption to ocean shipping strengthen parent Air France-KLM’s cargo business. The changes form part of a wider restructuring, announced today, aimed at improving KLM’s finances and…

The Loadstar Порты и суда
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Port strike delayed again at Los Angeles, Long Beach ports

A potential strike by port watchmen at Los Angeles and Long Beach has been delayed again after the Pacific Maritime Association and International Longshore and Warehouse Union Local 26 agreed to extend their contract through midnight Pacific Time on Friday. Negotiations will continue Friday with assistance from federa…

FreightWaves Порты и суда
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33,000 truckers sidelined over violations as highway blitzes hit Arkansas, Virginia

Federal trucking regulators are expanding Operation Highway Shield enforcement efforts across the United States, with new inspections in Virginia uncovering 100 safety violations. As of Nov. 4, the U.S. Department of Transportation reports that 33,000 commercial drivers have been placed out of service nationwide for f…

FreightWaves Железные дороги
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Transportation committee in House set for overhaul post-election

The massive Democratic Party win on Election Day will have implications for government rules and regulations on trucking, including the so-called highway bill , driven in part by changes in the lineups of who will sit on Congress’ transportation-focused committees. There are several members of the House Transportation…

FreightWaves Торговля