Xeneta finds supply chain diversions fuel spike in carbon emissions

New data from Xeneta reveals an eye-popping increase in emissions as a result of the Red Sea diversion. 

The Xeneta and Marine Benchmark Carbon Emissions Index (CEI) shows carbon emissions increased by 63% in Q1 2024 compared to Q4 2023 with regard to containers being shipped via ocean from the Far East to the Mediterranean. From the Far East into Northern Europe, carbon emissions increased by 23%. The index hit 107.4 points in Q1 2024 — the highest it has been since the index began in Q1 2018.

Th...

https://www.freightwaves.com/news/xeneta-finds-supply-chain-diversions-fuel-spike-in-carbon-emissions

Port roundup: Strong annual growth across the board

The Lunar New Year has come and gone, but its impact at U.S. ports has been felt for weeks after the holiday.. Even with the impacts of the Lunar New Year arising at ports across the country in the form of sequential declines in imports, port figures across the board are holding up compared to the previous year.

Across the ports, Lunar New Year’s arrival about two weeks later than in 2023 is causing the sequential dip in volumes.

The Port of Los Angeles led the West Coast ports higher on an...

https://www.freightwaves.com/news/port-roundup-strong-annual-growth-across-the-board

Cargo airline Amerijet warns of pilot furloughs amid downsizing

Amerijet International plans to furlough a number of pilots in the near future to shore up cash flow after the loss of major contracts with the U.S. Postal Service and other accounts, according to internal company communications.

The number of pilots to be suspended depends on how many pilots accept offers to work less. The Miami-based cargo airline says it needs to reduce the pilot roster in line with lower customer demand.

“If we do not have enough volunteers or an increase in business, we will...

https://www.freightwaves.com/news/cargo-airline-amerijet-warns-of-pilot-furloughs-amid-downsizing

Gulf Coast ports report cargo volume surge in March

Container cargo flows increased at ports in Houston, New Orleans and Mobile, Alabama, in March, but shipments of crude oil fell slightly at the Port of Corpus Christi, Texas.

Port Houston container shipments up 20% in March

Port Houston handled 360,991 twenty-foot equivalent units in March, a 20% year-over-year (y/y) increase.

Officials said total cargo flows through the Houston Ship Channel and the port’s two container facilities, Barbours Cut and Bayport, climbed 4% during the first quarter. 

“Fir...

https://www.freightwaves.com/news/gulf-coast-ports-report-cargo-volume-surge-in-march

Hawaiian Airlines slowly adds freighters for Amazon business

Hawaiian Airlines has commenced operating a second Airbus A330-300 cargo jet for Amazon on a new route between New York’s JFK airport and the retail behemoth’s West Coast air logistics hub in San Bernardino, California, the company reported in quarterly earnings Tuesday.

Under a  transportation services agreement that kicked in last year, Amazon (NASDAQ: AMZN) leases the aircraft from a dealer and transfers them to Hawaiian Airlines (NASDAQ: HA) to fly and provide routine maintenance. Hawaiian,...

https://www.freightwaves.com/news/hawaiian-airlines-slowly-adds-freighters-for-amazon-business

US Postal Service to migrate air cargo to UPS during summer

The U.S. Postal Service plans to shift daily air cargo volumes to UPS before the contract with FedEx expires in September to ensure no service interruption for customers heading into the busy holiday shipping season, the agency and company officials said Tuesday. 

UPS’ (NYSE: UPS) ability to leverage its integrated air-and-ground network and bypass its main sort hub in Louisville, Kentucky, will enable the integrated express carrier to better profit from transporting domestic airmail for the...

https://www.freightwaves.com/news/us-postal-service-to-migrate-air-cargo-to-ups-during-summer

China e-commerce exports, unreliable Red Sea shipping boost air cargo

Resurgent air cargo demand and rising rates, powered by the quasi-blockade of Red Sea shipping and continued growth in bookings by Chinese e-commerce platforms, during a normally slow shipping period is creating high expectations among air carriers for peak season and making logistics providers nervous about securing adequate capacity. 

Air cargo demand has grown by double digits for four consecutive months, while rates have risen steadily since late February. The strength of the market rebound...

https://www.freightwaves.com/news/china-e-commerce-exports-unreliable-red-sea-shipping-boost-air-cargo

Ship we don’t talk about — contracts edition

By Alison Cusack

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

I wrote a tweet last year that said: “I want to start an underground fight club, but the twist is I teach you how to fight the ocean carriers with cool contracts. I think I’ll call it ‘ship we don’t talk about.’”

I want to start an underground fight club, but the twist is I teach you how to fight the ocean carriers with cool contracts.

I think...

https://www.freightwaves.com/news/ship-we-dont-talk-about-contracts-edition

Kramek prepares to lead World Shipping Council

WASHINGTON — Joe Kramek has been appointed president and CEO of the World Shipping Council to replace the retiring John Butler, the container shipping lobby group announced on Wednesday.

Kramek has been WSC’s director of U.S. government relations since March 2021.

“I am deeply honored to assume the role of president and CEO, building on the foundation laid by John Butler,” Kramek said. “Together with the dedicated team at WSC, I look forward to addressing the evolving needs of the shipping...

https://www.freightwaves.com/news/kramek-prepares-to-lead-world-shipping-council

Asia Pacific Airlines on notice for $2.9 million FAA fine

The Federal Aviation Administration has issued a preliminary fine of $2.9 million against Aeromicronesia Inc., a cargo airline based in Guam that does business as Asia Pacific Airlines, for safety violations related to pilot training and equipment.

Asia Pacific Airlines provides scheduled and ad hoc charter service between Guam, the Marshall Islands, Micronesia, the Northern Mariana Islands, American Samoa, Palau and Honolulu. It has five Boeing 757-200 converted freighters on its registry, but...

https://www.freightwaves.com/news/asia-pacific-airlines-on-notice-for-2-9-million-faa-fine

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