Industry News

Is Old Dominion Freight Line (ODFL)’s Shares Worth Buying? Yahoo Finance [...]

Freight visibility: Gartner says shipper demand for ocean visibility growing, but slowly JOC.com [...]

[caption caption="Cainiao has teamed up with Atlas Air and LATAM Airlines to launch China-South America flights. Photo credit: Cainiao."][/caption]Air cargo demand on trade lanes out of Asia is being supported by robust manufacturing activity across the US and Europe as low retail inventory levels drive a surge in new factory [...]

[caption caption="A lengthy three-week quarantine for arrivals in Hong Kong, including air crew, cut Cathay Pacific Cargo capacity by 23 percent in February. Photo credit: Shutterstock.com."][/caption]Air cargo rates out of China to Europe and North America are rising as forwarders report a strong increase in demand from shippers requiring urgent... [...]

[caption caption="Some of the world’s largest air cargo carriers, including Cathay Pacific and Singapore Airlines, will still be flying only half their fleets in 2021. Photo credit: Shutterstock.com."][/caption]This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annual Review and Outlook.The air cargo industry is... [...]

[caption caption="The growth in e-commerce will drive a number of logistics investments and acquisitions to support last-mile solutions. Photo credit: Shutterstock.com."][/caption]International forwarder AIT Worldwide Logistics is expanding its e-commerce capabilities through the acquisition of Fiege Forwarding from the latter’s Germany-based parent company, FIEGE Group. The deal, terms of which were... [...]