August 28, 2026 admin

FedEx to invest $150M for air cargo terminal in Delhi


Company builds more capabilities across India to leverage economic growth

American Shipper · The Daily View as web page →
American Shipper — The Daily

The day’s most important moves across every mode — air, rail, road, ocean and the trade that ties them together.

● On the Wire FRI · AUG 28 · 2026 4 stories
 
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FedEx cargo aircraft on tarmac

AIR · CARGO INFRASTRUCTURE

FedEx to invest $150M for air cargo terminal in Delhi

BY ERIC KULISCH · AMERICAN SHIPPER · AUG 27, 2026

FedEx will build a dedicated 230,000-square-foot air cargo hub at Delhi’s airport with AI-enabled sorting that lifts processing capacity from 600 to 5,000 packages per hour, part of a broader $400 million buildout across India.

THE TAKE — THE TAKE — Consolidating FedEx’s scattered Delhi operations into one automated hub signals India is moving from growth market to core infrastructure priority — shippers routing time-sensitive freight through South Asia should watch for faster dwell times once the facility opens.
 
Container ship at sea

OCEAN · CONTAINER SHIPPING

Drewry index edges lower on decline in trans-Pacific rates

The Drewry World Container Index slipped 1% to $4,473/FEU as trans-Pacific and Asia-Europe spot rates softened, even as Shanghai port congestion pushed average vessel waiting times up to 96 hours from 35.

THE TAKE — THE TAKE — Fewer blank sailings on trans-Pacific lanes next week point to carriers chasing volume rather than defending rates — but tightening Asia-Europe blank sailings plus Shanghai congestion could offset that softness if delays start rippling into transit times.
 
Digital freight platform interface on a laptop screen

OCEAN · DIGITAL FREIGHT

DP World reportedly shutting down SeaRates digital freight platform

DP World is winding down SeaRates, the digital freight marketplace it acquired in 2020, according to the platform’s former CEO, raising questions about the future of DP World’s related Digital Freight Alliance forwarder network.

THE TAKE — THE TAKE — This looks like DP World narrowing its digital bets toward tools tied directly to its terminals rather than standalone freight-tech platforms — forwarders using SeaRates for quoting or tracking should start lining up alternatives now rather than waiting for an official announcement.
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Union Pacific and Norfolk Southern locomotives

RAIL · M&A

Union Pacific, Norfolk Southern defend rail merger application as STB review advances

UP and NS told the Surface Transportation Board their $85 billion merger clears the required regulatory threshold, citing claimed savings of $1 billion annually for the railroads and $3.5 billion for customers from shifting 2.1 million truckloads onto rail.

THE TAKE — THE TAKE — With a decision not expected until late 2027, shippers negotiating multi-year contracts have a long runway to press for firm service commitments — the claimed truck-to-rail diversion numbers are the figure opponents will contest hardest as the review moves forward.
 
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