Air cargo operators continue to grapple with the fallout from escalating Middle East conflict, as airspace closures, route suspensions and grounded flights squeeze capacity across key corridors. Following U.S. and Israeli strikes on Iran on 28 February and subsequent Iranian retaliation, airlines suspended operations over the weekend. The immediate result was...
Qatar has halted LNG production at Ras Laffan, one of the world’s largest liquefied natural gas production and export terminals, in response to Iranian attacks and maritime disruptions in the Strait of Hormuz. Industry sources report that up to 150 tankers are idling west of the Strait, including fully loaded LNG...
Hudong-Zhonghua Shipbuilding has signed a construction contract with Malaysia’s MISC Berhad for a second batch of large-scale LNG carriers—two firm vessels plus two options—each with a capacity of 174,000 cubic meters. The agreement follows an earlier deal signed in January for three firm orders and three options, bringing total newbuilding commitments...
CMA CGM has become the latest global container line to suspend all cargo bookings to the Middle East after Iranian attacks intensified disruptions across the Persian Gulf. Reports indicate that at least six oil and gas tankers have been damaged in the region. The Athena Nova, a Honduran-flagged bitumen tanker operated...
At the TPM26 conference in Long Beach, container shipping executives warned that the operational ripple effects of the Middle East conflict will be felt far beyond the region—potentially weeks from now—across major global trade lanes. As the conflict enters its third day, about 10% of the global container shipping fleet is...
Supply chains between India and the Middle East have ground to a near standstill after multiple ocean carriers suspended services and cargo acceptance on the corridor amid the military conflict involving Iran, the U.S. and Israel. The economic stakes are significant for India, with the United Arab Emirates positioned as one...
Whirlpool plans to lay off 341 employees at its manufacturing facility in Amana, Iowa, beginning March 9, according to a Worker Adjustment and Retraining Notification (WARN) posted by the state’s workforce development agency. The impacted workers are represented by the International Association of Machinists and Aerospace Workers (IAM), Local Lodge 1526,...
Robotics and artificial intelligence—once largely limited to billion-dollar enterprises with massive supply chains—are becoming increasingly accessible to a much broader range of companies, including mid-sized operators and SMEs. The shift was on full display at last year’s ProMat event hosted by MHI, where record-breaking attendance and a flood of robotics solutions...
The Journal of Commerce’s Truckload Capacity Index (TCI) recorded a slight increase in the fourth quarter, reflecting a cautious expansion of fleet capacity among large publicly listed US carriers. The index rose from 72.4% in the third quarter to 73.5% in Q4, as total truck counts within the monitored carrier group...
Air cargo booking platform cargo.one has announced the launch of what it describes as the industry’s first AI-native operating system designed specifically for multimodal freight operations. The new system aims to unify air and ocean freight data within a single digital infrastructure, allowing logistics companies to deploy AI-driven workflows directly within...
