DHL’s recent cancellation of transport partnerships with third-party airlines supporting its courier and freight forwarding networks is part of a new cost improvement campaign that helped the Express division achieve first-quarter operating profit despite lower shipment volume and rising trade volatility.
DHL Express’ operating profit increased 4.8% year over year to $754 million as efficiency measures ramped up, while better pricing and product mix boosted revenue 2%, according to DHL Group...
Revised shipping legislation aimed at revitalizing the domestic maritime industry calls for creation of a fleet of 250 U.S.-flag cargo vessels, and federal funding to aid shipbuilding development.
The bipartisan SHIPS for America Act was reintroduced Wednesday at a press conference by co-sponsors Sens. Mark Kelly of Arizona and Todd Young of Indiana, and Reps. Trent Kelly, also of Indiana, and John Garamendi of California.
The legislation, initially introduced in December 2024, aims to strengthen...
https://www.freightwaves.com/news/updated-shipping-bill-calls-for-250-vessel-us-cargo-fleet
CMA CGM Air Cargo, the airline subsidiary of the French ocean shipping and logistics conglomerate, has expanded its fleet to nine aircraft by officially taking control of Air Belgium and taking delivery of another 777 freighter from Boeing.
A Belgian court late last month approved the distressed sale of Air Belgium to CMA CGM Group. The company announced Wednesday that it has completed the transfer of Air Belgium’s assets from a liquidator and will continue to operate Air Belgium as a separate...
https://www.freightwaves.com/news/cma-cgm-air-cargo-finalizes-takeover-of-air-belgium
Container and breakbulk cargo flows in March rose in Houston and New Orleans, while demand for crude oil continued to fuel shipments through Corpus Christi, Texas.
Port Houston container volumes rebound in March
After sluggish freight flows in February, Port Houston handled 386,864 twenty-foot equivalent units in March, a 7% increase compared to March 2023.
It marked a rebound after fog disrupted February freight movements through the Houston Ship Channel, with the port handling 325,424 TEUs in...
https://www.freightwaves.com/news/gulf-coast-ports-post-rising-freight-volumes-in-march
While the U.S.-China trade war has sent shockwaves through the supply chain, trans-Pacific container rates are benefiting from evolving carrier strategies.
The imposition of a minimum 145% tariff on all goods from China has led many U.S. importers to cancel orders and pause shipments, said Judah Levine, head of research for shipping analyst Freightos, in an update. This dramatic shift comes as importers hope for a de-escalation in tensions and lower tariffs through direct negotiations between...
https://www.freightwaves.com/news/as-tariffs-wreck-china-us-exports-container-rates-weather-storm
UPS plans to shed about 20,000 front-line positions in 2025 as it manages the decline in unprofitable business from Amazon and a huge restructuring of its delivery network, executives said Tuesday during a first-quarter earnings briefing.
The integrated parcel and logistics giant in January reached an agreement to reduce Amazon volumes in its network by more than 50% by June 2026. Outbound deliveries from Amazon fulfillment centers are not profitable compared to returns and outbound volumes from...
https://www.freightwaves.com/news/ups-to-eliminate-20k-jobs-as-amazon-decoupling-accelerates
DHL Express withdrew its suspension on deliveries valued above $800 to private individuals in the United States after negotiating changes to new customs rules that had created a significant administrative burden, the company said in a customer notice Monday.
The express carrier, part of the Deutsche Post Group, one week ago stopped accepting business-to-consumer shipments with a value above $800. The suspension was implemented to ensure service levels after U.S. Customs and Border Protection, at...
Calling President Donald Trump’s trade policies “reckless” and “shortsighted,” the West Coast dockworkers union is warning that U.S. tariffs will lead to massive job losses and higher prices for working-class Americans.
“The International Longshore and Warehouse Union (ILWU) unequivocally condemns the recent tariffs that the Trump administration has imposed,” the union said in a statement. “Tariffs are taxes. These and other reckless, shortsighted policies have begun to devastate American...
https://www.freightwaves.com/news/longshore-union-blasts-trump-tariffs-warns-of-massive-job-losses
Confity Capital Partners, a Dubai-based private equity wealth management firm, plans to invest in at least 10 Airbus A330 converted freighter aircraft for use in the fast-growing India subcontinent airfreight market. Jet Freight Logistics, based in Mumbai, India, is the launch customer and will be the first Indian cargo airline to operate the A330 converted freighter platform.
The Mumbai-based freight management company will lease an undisclosed number of aircraft from Confity and outsource...
While the China trade embargo instigated by President Donald Trump’s tariff war has focused on the evolving collapse of eastbound trans-Pacific container volumes to the United States, a closer look at the intersection of China’s share of tonnage and specific goods moving through U.S. ports paints an even more devastating picture.
According to Census Bureau data, the list of American ports that processed the most containerized imports from China in 2024 was led by Los Angeles, at 22,237,485...
https://www.freightwaves.com/news/no-way-us-can-recoup-lost-china-container-imports-analyst