Ocean carrier’s new airline will have 4 Boeing 777 cargo jets Ocean carrier Mediterranean Shipping Co. will debut its freighter service in early December, sooner than previously indicated. A new air cargo schedule posted on the company’s website shows MSC Air Cargo will begin weekly around-the-world service with a Boeing 777 freighter in early December. When the company
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A worker carries a large parcel at the U.S. Postal Service sorting and processing facility in Boston on Nov. 18, 2021. Charles Krupa/AP Dive Brief: The U.S. Postal Service is well-prepared to handle a peak season influx of packages this year, even with fewer seasonal employees and facilities on board, agency stakeholders said during a House
The container shipping heavyweight reports record third-quarter earnings but is looking to logistics to hedge against boom-and-bust shipping cycles A.P. Moller-Maersk A/S expects logistics revenue to surpass the ocean business by the middle of the decade as the container giant warns of “dark clouds on the horizon” for global shipping demand. Maersk Chief Executive Søren
Four maritime shipping observers share their thoughts on what’s changing in the logistics environment as demand and inventory trends shift. The peak holiday season will not be the same as previous years, according to various experts. Retailers this year are working to clear out inventory piles as demand softens in Q4. Ocean carriers are blanking
