In the heart of what should be the busiest shipping period of the year, air cargo rates are tumbling, defying all expectations for a holiday-driven surge, and leaving the industry grappling with an unexpected downturn. Picture a global network of planes loaded with goods, ready to meet soaring
Amidst a landscape of economic uncertainty and shifting global trade policies, the Port of Long Beach stands as a beacon of resilience, navigating the choppy waters of new tariffs with remarkable steadiness. As one of the busiest ports in the United States, it has managed to sustain robust cargo
In a shocking turn of events that has reverberated through the air cargo industry, a tragic crash involving a UPS MD-11 aircraft in Louisville, Kentucky, has led to the immediate grounding of this aircraft model by both UPS and FedEx, two of the largest cargo carriers in the world. The devastating
Setting the Stage: A Transformative Rail Consolidation The U.S. rail industry stands at a pivotal moment with the announced merger between Union Pacific (UP) and Norfolk Southern (NS), two of the largest freight carriers in the nation, poised to create a transcontinental network controlling over
Industry Overview Amid a Devastating Incident The logistics and shipping industry stands as a cornerstone of global commerce, with companies like UPS driving the seamless movement of goods across continents. However, a catastrophic event in Louisville, Kentucky, on November 4, has shaken this vital
In a move that has ignited fierce debate across the American industrial and trade sectors, the recent decision by the White House to suspend Section 301 fees on Chinese-built ships for a year has drawn sharp criticism from U.S. shipyard workers and unions. This policy shift, stemming from