Ocean carrier MSC launching cargo airline with Atlas Air

Rendering of an MSC Air Cargo jet. The company plans to start business in 2023.

Mediterranean Shipping Co., the largest container line in the world, announced Monday it will launch an air cargo airline next year in partnership with freighter operator Atlas Air, joining rivals Maersk and CMA CGM as ocean carriers adding private airlines to diversify their service capabilities.

MSC said Atlas Air (NASDAQ: AAWW) will operate four branded Boeing 777-200 freighters under a long-term contract that bundles leasing of the aircraft with full services, including crew, flight planning...

https://www.freightwaves.com/news/ocean-carrier-msc-launching-cargo-airline-with-atlas-air

Viewpoint: There are winners and losers in the diversion of trade

The diversion of trade continues, and the Port of New York and New Jersey took the top spot for moving the most import and export containers in the month of August. The Port of Los Angeles was pushed down to the third slot behind Long Beach.

The Port of New York and New Jersey moved 843,191 import and export containers. The port’s five busiest months have all occurred in 2022, including August.

“We are exceeding pre-COVID numbers — it is astonishing — and it is a credit to the men and women who...

https://www.freightwaves.com/news/viewpoint-there-are-winners-and-losers-in-the-diversion-of-trade

Boeing CEO: Promises about clean aviation fuel outpace technology

A fuel truck refills a plane at night.

WASHINGTON — Expectations for quick decarbonization of aviation are unrealistic and create pressure to invest in unproven technologies instead of mass production of sustainable aviation fuel, which will have an immediate benefit, said Boeing CEO David Calhoun.

Speaking last week at a U.S. Chamber of Commerce aerospace event here, the Boeing (NYSE: BA) chief questioned the speed at which governments and stakeholders are promising change when little biofuels infrastructure exists and alternative...

https://www.freightwaves.com/news/boeing-ceo-promises-about-clean-aviation-fuel-outpace-technology

West Coast ports sink to lowest share of US imports since early 1980s

photo of a container port crane

The West Coast was the destination of choice for Asian exports in the initial stage of the COVID buying boom — before container-ship queues stymied the ports. 

Since then, volumes have been redirected to the East and Gulf Coasts due to fears of both California congestion and West Coast port labor strife. There has been a major shift in cargo flows. East and Gulf coast ports now boast significantly more imports than West Coast ports.

Best month ever for East/Gulf coast ports

Data from McCown...

https://www.freightwaves.com/news/west-coast-ports-sink-to-lowest-share-of-us-imports-since-early-1980s

19 retailers committed to zero-carbon shipping fuels by 2040

A container ship is at the Port of Houston.

Cargo Owners for Zero Emission Vessels (COZEV) announced Thursday it gained 10 new retailers, bringing the total number of companies committed to switching all of their ocean freight to vessels that use zero-carbon fuels by 2040 to 19.

Zero-carbon fuels are expensive, if available at all right now. Building or retrofitting ocean vessels to run on those fuels also takes time and resources. 

The industry will need many demand signals such as large retailers joining COZEV to scale production,...

https://www.freightwaves.com/news/19-retailers-committed-to-zero-carbon-shipping-fuels-by-2040

Air Canada 360: Freighter aircraft jettisoned 20 years ago now embraced

A white Air Canada Cargo jet with black and red accents on the tarmac.

WASHINGTON — The man who got rid of Air Canada’s last freighter as CFO 15 years ago now says as CEO he wants to double cargo revenue — with the help of the airline’s new freighter fleet.

Decades ago Air Canada flew Boeing 727-100, Boeing 747 Combi (passenger and cargo sections on the main deck) and DC-8 cargo jets. All were eventually removed from the fleet in the 1990s, part of an industry trend in which most passenger carriers determined the cost structure and infrastructure required didn’t...

https://www.freightwaves.com/news/air-canada-360-freighter-aircraft-jettisoned-20-years-ago-now-embraced

Mexico’s biggest container port reopens after earthquake

Mexico’s largest container port has resumed operations after a 7.7 magnitude earthquake rocked the country’s Pacific Coast region Monday.

Officials for the Port of Manzanillo said that operations restarted at 8 a.m. Wednesday for all types of commercial and tourist vessels. The Port of Manzanillo had been closed to operations since noon Sunday in preparation for Tropical Storm Madeline, according to Noticias Manzanillo.

The earthquake that occurred just after 1 p.m. Monday left two people dead in...

https://www.freightwaves.com/news/port-manzanillo-resumes-operations-after-quake

Viewpoint: Trade is the harbinger of the supply chain — expect more labor strikes

When a company like Ford warns about the supply chain, analysts are shocked. Why? Because they’re looking at the wrong indicators. You hear comments on TV like, “Supply chain is getting better: Look at the Port of Los Angeles!” It’s insane. You cannot look at one port as an indicator of the supply chain.

Ford’s supply chain problem for auto parts has been telegraphed for months if you follow trade. Back on June 10, Ford’s exposure to the German labor strife was highlighted.

Now, Ford and hundreds...

https://www.freightwaves.com/news/viewpoint-trade-is-the-harbinger-of-the-supply-chain-expect-more-labor-strikes

Amazon dials back air cargo expansion as e-commerce sales slow

A white Amazon Prime jet with blue accents landing at an airport.

The growth of Amazon’s air cargo fleet and the number of daily flights has slowed in recent months, except at its Northern Kentucky hub and a few other geographic pockets. That reflects the mega-retailer’s more cautious approach to expansion in line with a recent pullback in warehouses because of decelerating e-commerce demand, according to research released Tuesday.

Amazon Air’s total flight activity only grew 3.8% from March through August, much less than the 14.3% growth in daily flights...

https://www.freightwaves.com/news/amazon-dials-back-air-cargo-expansion-as-e-commerce-sales-slow

Selection nears for DHL Express’ US West Coast air hub

A mustard-yellow DHL plane loading cargo at an airport. View from behind the plane.

WASHINGTON — DHL Express expects to open a new aircraft ramp and package sortation center in Atlanta by mid-October and announce its first major West Coast air hub in January to keep up with growing cargo volumes, said Mike Parra, CEO of the Americas.

Construction of the regional hub at Atlanta’s Hartsfield-Jackson International Airport has been slowed by COVID impacts on laborers, permitting challenges and steel shortages, management previously said. The updated start date slipped an extra...

https://www.freightwaves.com/news/selection-nears-for-dhl-express-us-west-coast-air-hub

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.