FAA Flight Restrictions; GXO Eyes FTZs; Maersk Outlook

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Supply-Chain Hit Seen Limited From FAA Order; GXO Eyes FTZs; Maersk Narrows Guidance By Mark R. Long | WSJ Logistics Report

Significant supply-chain disruptions aren't likely, at least in the short term, from flight restrictions at major U.S. airports-including some big cargo hubs-as the government shutdown drags on, industry experts say.

The Federal Aviation Administration's order for an up-to-10% reduction in traffic at 40 major American airports may slow some deliveries , the WSJ Logistics Report's Liz Young writes. But shippers of time-sensitive or temperature-controlled goods such as pharmaceuticals will likely move these goods by truck instead of plane, industry watchers say. A FedEx spokesperson said the carrier was monitoring the FAA's plans and would modify air and ground operations as needed to protect time-sensitive, critical shipments . United Parcel Service didn't immediately respond to a request for comment.

ShipMatrix President Satish Jindel said many cargo operators schedule flights overnight, when passenger-plane traffic is lighter, making air traffic-control staffing relatively easier. This could help mitigate immediate effects of the FAA's order , said Brandon Fried, executive director of the Airforwarders Association. But since much of the cargo his group's members ship is moved in the bellies of daytime passenger flights, restrictions lasting a few days or longer could have measurable effects, he said.

UPS released the identities of the three crew members who were killed in Tuesday's cargo-jet crash

in Louisville, Ky. The crew members-Capt. Richard Wartenberg, First Officer Lee Truitt, and Capt. Dana Diamond-were among the 13 people authorities said died in the accident. Several individuals remained unaccounted for.

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Quotable Warehousing

GXO Logistics says U.S. tariffs are driving increased interest in Foreign Trade Zones-warehouses that allow tariffs to be deferred until goods are shipped out to customers. With more companies considering space in these warehouses, the contract-logistics provider is exploring expanding its FTZ footprint , CEO Patrick Kelleher tells the WSJ Logistics Report's Liz Young.

Kelleher says GXO's retailer customers that rushed extra merchandise into the U.S. early to get ahead of new tariffs are now holding more typical inventory levels after selling through excess goods. He said the company, which operates more than 1,000 warehouses in 27 countries, plans to look for more possible acquisitions to expand market share in North America, as well as in the aerospace, defense and industrial sectors.

Ocean Shipping

Danish shipping giant A.P. Moller-Maersk raised the lower end of its full-year earnings guidance as strong container demand and efficiency moves counter falling freight rates. The Journal's Dominic Chopping writes that Maersk's main shipping business posted a 7% increase in freight volumes , buoyed by exports from East Asia.

Import volumes into North America fell, particularly from China to the U.S. though imports remained robust in Europe, Africa, Latin America and west-central Asia. Third-quarter revenue slipped to $14.21 billion from $15.76 billion a year earlier, while underlying Ebitda fell 44%. Average freight rates fell 31% across most shipping routes and costs increased due to the higher volumes, partly offset by lower fuel prices.

The U.S. called for public comments on a one-year suspension of new fees on visiting Chinese ships and tariffs on port cranes following the trade truce agreed to by President Trump and Chinese leader Xi Jinping. The office of the U.S. Trade Representative said written comments should be submitted before 5 p.m. ET today

to ensure consideration.

Number of the Day In Other News U.S. companies announced 153,074 job cuts

in October, nearly tripling September's 54,064, a Challenger, Gray & Christmas report says, while Bank of America offered a slightly brighter assessment. (WSJ) Eurozone retail sales unexpectedly decreased

by 0.1% in September, matching August's decline, contrary to economists' expectations. (WSJ) German industrial output rose 1.3%

in September, partially offsetting an August decline but missing the 2.5% economist forecast. (WSJ) DHL parent Deutsche Post backed its full-year financial guidance

and said the end of the U.S.'s de minimis tariff exemption had so far had only a limited effect on earnings. (WSJ) RXO reported third-quarter results below analyst expectations, citing a significantly tighter full-truckload market . (Dow Jones Newswires) Ford Motor executives are in active discussions about scrapping the electric version of its F-150

pickup, the Lightning, according to people familiar with the matter. (WSJ) Cummins says third-quarter sales at its power-systems unit jumped 18%, driven in part by rising demand for backup power

for data centers. (Dow Jones Newswires) First Brands is racing to win over dissenting creditors as the auto-parts seller seeks approval for a bankruptcy loan . (WSJ) The Justice Department's request to drop criminal charges

against Boeing tied to two fatal plane crashes was granted, despite objections from some victims' families. (WSJ) Rare-earth mineral producer MP Materials recorded a wider loss and lower revenue

in the third quarter after it stopped selling to China to align with the U.S. government's trade goals. (WSJ) The Suez Canal Authority said 229 ships transited the waterway

in October, the highest monthly rate of returning vessels in two years, when attacks by Yemen's Houthi militants deterred shipping. (SupplyChain247) Shein Group told investors it expected $2 billion in net income this year, as price hikes and cost-cutting helped offset a drop in online traffic

prompted by Trump's tariffs. (Bloomberg) Pirates boarded a products tanker

off the coast of Somalia, but the crew had retained control of the vessel from a fortified room. (Reuters) About Us

Mark R. Long is editor of WSJ Logistics Report. Reach him at [mark.long@wsj.com]. Follow the WSJ Logistics Report team on LinkedIn: Mark R. Long , Liz Young and Paul Berger .

This article is a text version of a Wall Street Journal newsletter published earlier today.

 

(END) Dow Jones Newswires

November 07, 2025 07:04 ET (12:04 GMT)

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