Container Imports To Los Angeles And Long Beach Are Plummeting
September is usually a strong month for West Coast imports as U.S. companies bring in their year-end holiday goods. Not so in 2022. On Wednesday, the Port of Los Angeles…
Airlines fill less cargo space as consumer spending, trade sag
Cathay Pacific exemplifies air cargo downturn heading into cloudy 2023 Prospects for a fourth-quarter bounce in air cargo business as retailers stock up for the holidays are dim, the culmination…
FedEx Ground reduces holiday demand projections
Unit ‘making adjustments’ with shippers FedEx Ground is adjusting downward its holiday traffic forecasts due to an increasingly pronounced slowdown in demand, according to a person familiar with the matter.…