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Wed Apr 13 07:11:02 CDT 2022

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Port Houston posts record January as exports surge; Corpus crude slips

Port Houston posts record January container volume as exports, resins fuel growth Port Houston opened 2026 with its busiest January on record for containers, driven by growth in petrochemical exports, resin packaging capacity and refrigerated cargo moving through the Houston Ship Channel. The port handled 370,034 twenty-foot equivalent units (TEUs) in January, a 4% increase… Continue reading Port Houston posts record January as exports surge; Corpus crude slips

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Lessor ATSG quits Airbus A321 cargo conversion joint venture

Air Transport Services Group, the world’s largest lessor of freighter aircraft and a contract cargo airline for customers such as Amazon and DHL Express, has dissolved its joint venture converting Airbus A321 passenger aircraft to all-cargo configuration because demand for A321 freighters has collapsed. Beaverton, Oregon-based Erickson Group Ltd. announced on Tuesday that it had… Continue reading Lessor ATSG quits Airbus A321 cargo conversion joint venture

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BMO’s quarterly earnings suggest truck credit might be improving

Credit data for the transportation segment at Canada’s BMO bank showed the first signs in several years of an improving trucking market in the quarter that ended at the close of January. The client base at the transportation segment of BMO–the former Bank of Montreal–is overwhelmingly oriented toward trucking. BMO’s quarterly numbers for its transportation… Continue reading BMO’s quarterly earnings suggest truck credit might be improving

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Dry van report: Late 2025 freight volumes rebounded as capacity tightened

November’s trucking ton-mile index showed a promising rebound in freight volumes from a weak October reading. Volumes were up 1.0% year-over-year and roughly neutral with mid-2025 readings. For truckload brokers and shippers, this uptick in demand, when coupled with the steady exit of trucking capacity observed throughout 2025 (and potentially exacerbated by winter weather), suggests… Continue reading Dry van report: Late 2025 freight volumes rebounded as capacity tightened

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Panama wrests control of Canal terminals from China operator

Panama on Monday took over operations of container terminals at the Panama Canal, ending more than three decades of management by China. Hong Kong-based CK Hutchison Holdings Limited in a release said that it had been informed that Panamanian authorities made direct physical entry into the terminals at Balboa and Cristobal operated by subsidiary Panama… Continue reading Panama wrests control of Canal terminals from China operator

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