Air Freight News
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US consumer spending moderates in September
U.S. consumer spending increased marginally in September, suggesting a loss of momentum in the economy at the end of the third quarter as a lackluster…
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Signal Ocean: Floating storage hits three-year high
A data-driven review facilitated by the Floating Storage platform report shows the seasonality of floating storage since 2022 across VLCC, Suezmax, and Aframax fleets, the…
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World’s first vessel retrofit fund using a pay-as-you-save repayment mechanism closes at USD 35M
The Global Centre for Maritime Decarbonization (GCMD), AIM Horizon Investments, and their partners announced the successful closing of the Fund for Energy Efficiency Technologies (FEET),…
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Fuel manufacturing breakthrough brings nuclear for maritime a step closer
The MCRE program is a public–private collaboration between Southern Company, TerraPower, CORE POWER and the U.S. Department of Energy. Its success has significant implications for…
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Port Everglades shatters its own records
Broward County's Port Everglades has set a powerful new benchmark for performance.
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Seaports outlook deteriorating in NA/EMEA; Neutral in APAC/LatAm
The sector outlook for seaports in North America and EMEA continues to be ‘deteriorating’, while the outlook remains ‘neutral’ in APAC and Latin America, as…
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M&M Mooring recognized as 2025 Chairman’s Award Recipient
For more than 27 years, M&M Mooring has been a cornerstone of port operations, delivering expert line-handling and steamship agency services under the stewardship of…
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Los Angeles Harbor Commission approves landmark agreement with South Coast AQMD
By green-lighting a binding pact with the South Coast Air Quality Management District, the Los Angeles Harbor Commission sets in motion a sweeping zero-emission overhaul…
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Red Sea container comeback: CMA CGM launches new Suez service
CMA CGM has announced its INDAMEX service will transit the Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a…
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Volumes up 5% in November, but air cargo’s e-commerce ‘growth engine’ is slowing down
Christmas came early for global air cargo volumes in November with a further +5% year-on-year boost in demand, adding to the seasonal cheer, but the…