Cold storage market working off oversupply
FedEx is building an automated parcel hub at the new Navi Mumbai International Airport under a 20-year lease, giving it greater operational control over its India air network.
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Lineage says new cold storage supply will grow just 1.5% in 2026 after a building boom left the market about 10% oversupplied, with fundamentals now expected to firm.
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Major U.S.-Mexico border crossings remain open following the killing of CJNG cartel leader El Mencho, with disruptions concentrated in western Mexico as shippers build contingency buffers.
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The Australian freight software maker behind CargoWise is eliminating 2,000 jobs as AI takes over manual coding tasks, with CEO Zubin Appoo declaring the era of manually writing code is over.
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Air Transport Services Group has dissolved its partnership converting A321 passenger jets to freighters, citing collapsed demand as a narrowbody freighter glut continues to weigh on the market.
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In Partnership with Trimble
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In Partnership with Avalara
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Courtesy of S&P Global Market Intelligence
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March 3, 2026 | Charlotte, NC
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