Chicago

Ocean carrier CMA CGM commits $1B for US air cargo operation

CMA CGM, the world’s third-largest container shipping line, will open an air cargo hub in Chicago for its cargo airline division and deploy five factory-built Boeing 777 freighter aircraft, operated by American pilots, as part of a $20 billion U.S. shipping, port and logistics investment plan announced shortly after the company’s top executive met with President Donald Trump on Thursday at the White House.

CMA CGM Air Cargo is a small freighter operation established in 2021 to round out the...

https://www.freightwaves.com/news/ocean-carrier-cma-cgm-commits-1b-for-us-air-cargo-operation

The trucking market is still headed in the right direction

The U.S. truckload market ratcheted tighter into the beginning of this week, with closing spreads between contract and spot rates and multiple major trucking markets rejecting more than 7% of outbound shipments. However, there’s still no clear ‘melt-up’ or cascade toward meaningfully higher rates compared to conditions during the holiday retail peak season.

(The Outbound Tender Reject Index measures the percentage of electronically tendered truckload shipments rejected by carriers and serves as...

https://www.freightwaves.com/news/the-trucking-market-is-still-headed-in-the-right-direction

El mercado del transporte por carretera todavía va en la dirección correcta

El mercado de la carga de camiones de EE. UU. Contrató más estricto a principios de esta semana, con diferenciales de cierre entre las tasas de contrato y las spot y múltiples mercados de camiones múltiples que rechazan más del 7% de los envíos salientes. Sin embargo, todavía no hay un claro...

https://fullavantenews.com/el-mercado-del-transporte-por-carretera-todavia-va-en-la-direccion-correcta/?lang=es

An ode to Chicago and its freight hustlers

Chicago has always been about hustling or selling something. Jean-Baptiste-Point Du Sable, after being arrested by the British during the American Revolution, became the first non-native person to settle in what would become the Chicago area in the late 1780s. A successful trader, he sold out in 1800, took the money, and retired to St. Charles, Missouri. Had Du Sable been around today, he might have started a freight brokerage instead, or at the least, he might have been an early employee of...

https://www.freightwaves.com/news/an-ode-to-chicago-and-its-freight-hustlers

UPS getting more elbow room at Gary/Chicago airport

Gary/Chicago International Airport broke ground Tuesday on a $26 million-plus project to enhance air cargo infrastructure, with no guarantees it will be able to attract more cargo airlines beyond existing tenant UPS.

The initial phase of a long-term cargo expansion includes a new concrete apron for three additional cargo aircraft, installation of a pipeline for jet fuel, a sanitary sewer system and a deicing facility, according to the airport authority. The second half of the initial apron...

https://www.freightwaves.com/news/ups-getting-more-elbow-room-at-gary-chicago-airport

GlobalX Airlines to open cargo lane between Chicago, Puerto Rico

Startup carrier Global Crossing Airlines has struck a unique partnership with a digital freight exchange to launch cargo service between Chicago and Puerto Rico, filling a market need for direct, affordable containerized transport while providing the airline’s fledgling cargo business a welcome jolt.

Under a deal announced last week, Airblox, a startup airfreight capacity wholesaler for medium-term contracts, will have primary responsibility for feeding shipments to Global Grossing Airlines...

https://www.freightwaves.com/news/globalx-airlines-to-open-cargo-lane-between-midwest-puerto-rico

Key US lane shows soft freight market still vulnerable to shipping imbalance

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Chart of the Week: Spot and contract rate (including fuel) – Chicago to Atlanta  SONAR: Market...

https://www.freightwaves.com/news/key-us-lane-shows-soft-freight-market-still-vulnerable-to-shipping-imbalance

Metra renews suit against STB over CP-KCS merger approval

Chicago commuter rail provider Metra has renewed its lawsuit criticizing how the Surface Transportation Board handled its review of the merger between Canadian Pacific and Kansas City Southern. Metra joins Union Pacific and a Chicago-area citizens group in suing STB.

In a Sept. 29 filing before the U.S. District Court of Appeals in Washington, D.C., Metra asked the court to find that STB’s March 15 approval of the CP-KCS merger was unlawful and should be sent back to the board so it can address...

https://www.freightwaves.com/news/metra-sues-stb-over-cp-kcs-merger-approval

Running on Ice: Chicago is the new place to be

Your latest info on all things cold chain

Hello, and welcome to the coolest community in freight! Here you’ll find the latest information on warehouse news, tech developments and all things reefer madness-related. I’m your controller of the thermostat, Mary O’Connell. Thanks for having me!

All thawed out 

(Photo: Jim Allen/FreightWaves)

Expanding its Chicagoland reach, Kuehne+Nagel is adding a GxP-compliant area in the Windy City. To be GxP-compliant, a facility must follow a set of regulations...

https://www.freightwaves.com/news/running-on-ice-chicago-is-the-new-place-to-be

Rail industry ‘crises’ spur call to oust STB chair

Three progressive groups want President Joe Biden to remove Marty Oberman from chairmanship of the Surface Transportation Board and replace him with board member Robert Primus because of the way Oberman handled the merger between Canadian Pacific and Kansas City Southern.

Their Wednesday letter addressed to Biden follows unrelated actions last week when the Coalition to stop CPKC, a group representing Chicago’s western suburbs, filed a lawsuit against STB on its decision to approve the $31...

https://www.freightwaves.com/news/rail-industry-crises-spur-call-to-oust-stb-chair

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