Kirby Corporation reports a record year Houston-headquartered Kirby Corporation (NYSE: KEX) yesterday reported earnings for the fourth quarter, ended December 31, 2025, of $91.8 million, compared with net earnings of $42.8 million for the 2024 fourth quarter. Excluding
Birdon America plans to open a sixth location at the Port of Pensacola Birdon America reports that it plans to develop and operate a 400,000-square-foot advanced ship manufacturing facility at the Port of Pensacola, Florida. This will be Birdon's sixth U.S. location. In partnership with
VIDEO: USCG continues NYC icebreaking operations as ferries suspend services Commuters in the New York City area today woke up to learn from their TV morning shows that ferry services continued to be disrupted by ice. "The freezing conditions around New York
Wilson Sons names WS Halcyon, first of three powerful class 2312 tugboats Brazil's Wilson Sons held a christeninhg ceremony for the tugboat WS Halcyon in Rio Janeiro this Thursday, Jan 29. Built at the company's shipyard in Guarujá (São Paulo), WS Halcyon is the
Sea-Intelligence: US inventories are not declining In issue 749 of the Sunday Spotlight, Sea-Intelligence analysed the latest US inventory data published by the US Census Bureau. The data shows that inventories in the US are not declining, despite the continuing negative growth in container import volumes. While the inventory-to-sales ratio has been declining, the data indicates that this is driven by sales growth outpacing inventory growth, rat
Container shipping rates decline further The Drewry World Container Index (WCI) decreased 5% to $2,107 per 40-foot container this week. The decline marks the third consecutive week of falling rates, primarily due to drops on Transpacific and Asia-Europe trade routes. Transpacific Rates Drop Ahead of Chinese New Year Spot rates on Shanghai to New York decreased 7% to $2,969 per 40-foot container. Rates on Shanghai to Los Angeles fell 4%
MSC to launch new Eagle service MSC is set to launch its new Australia/New Zealand-US East Coast Eagle service next week, expanding its transpacific and inter-regional network. The service, first announced in July 2025, will be operated with eleven vessels in the 2,500 to 4,500 TEU capacity range. In a change from earlier plans, the rotation will also include Wellington as a port of call. Under the full rotation, the Eagle serv
Suez Canal sees transit of 250,000-Ton CMA CGM SEINE on maiden voyage The Suez Canal witnessed the transit of mega container ship CMA CGM SEINE during its maiden voyage. The vessel, one of the largest container ships in the world, crossed as part of the northbound convoy. Admiral Ossama Rabiee, Chairman of the Suez Canal Authority, announced the successful transit. The ship sailed from Morocco bound for Malaysia. Vessel Specifications The French shipping line CMA C
DH Shipbuilding captures 55% of global Suezmax orders in January DH Shipbuilding secured orders for six Suezmax crude oil tankers in January, capturing 55% of the global market. The South Korean shipbuilder won 6 of 11 Suezmax orders placed worldwide during the month. The company secured orders for four vessels from new customers earlier in January. On the 28th, DH Shipbuilding announced additional orders for two vessels from a European shipowner. The total co
Container lines and owners place wave of newbuilding orders Several container shipping companies and non-operating owners have recently placed newbuilding orders across a wide range of vessel sizes, reflecting continued fleet investment despite market uncertainty. Evergreen has signed contracts for 23 containership newbuildings with a combined capacity of 90,900 TEU. The order includes 16 vessels of 3,100 TEU to be constructed by Huangpu Wenchong Shipbuil
Viasea to take slots on Ellerman City Liners Baltex service Viasea has announced that it will take slot capacity on the newly launched Baltex service operated by its parent company, Ellerman City Liners. According to information reported by DynaLiners, the Norway-based carrier is highlighting new connections from Rotterdam to Oslo and from Oslo to Riga, while also accepting bookings for additional destinations served by the loop. The Baltex service operat
Ocean Network Express releases financial results for FY2025 third quarter Ocean Network Express reported revenue of US$4,074 million for the third quarter of fiscal year 2025, while recording a net loss of US$88 million, reflecting continued pressure from weaker freight rates and an oversupplied market. The company said the quarter was affected by a persistent increase in vessel supply and slower cargo movement, particularly on the Asia-North America trade. Short-term
Heidmar Maritime Holdings terminates agreement to acquire C/V A. Obelix Heidmar Maritime Holdings Corp., an Athens-based commercial and pool management company servicing the crude and product tanker market, has announced the termination of its agreement to acquire the vessel C/V A. Obelix. The company said the Memorandum of Agreement, originally announced on July 7, 2025, was mutually terminated in accordance with its terms. The deposit paid in connection with the tr
HAROPA port launches green shipping corridor HAROPA PORT, Zhejiang Provincial Seaport Group, Bureau Veritas Marine & Offshore, China Waterborne Transport Research Institute, MSC, and Terminal Investment Limited signed, recently in Shanghai, a strategic agreement launching the creation of the first green shipping corridor between France and China. This initiative aligns with the International Maritime Organization's 2023 strategy for achievi
Bangladesh set to lease out Chittagong's NCT to DP World following court verdict An upper court of Bangladesh on Thursday paved the way for the government to lease out the biggest box terminal of Chittagong Port to Dubai-based global port operator DP World. In a verdict, the High Court bench of Justice Zafar Ahmed said the government's act of handing over the New Mooring Container Terminal (NCT) to DP World is legal and can proceed. This content is locked Select a CN Premium
ONE to add Haiphong call to FP2 transpacific service Ocean Network Express has announced an update to its FP2 transpacific service under the Premier Alliance for fiscal year 2026, confirming the addition of Haiphong to the service rotation. The new port call is aimed at strengthening network coverage in Southeast Asia while supporting shorter transit times and improved schedule reliability on key transpacific trade lanes. The move reflects the comp
FMC assesses $22.67 million in civil penalties against MSC The Federal Maritime Commission assessed civil penalties totaling $22.67 million against MSC Mediterranean Shipping Company. The enforcement proceeding concluded with findings of three types of Shipping Act violations. The Commission's Bureau of Enforcement, Investigations, and Compliance investigated and prosecuted the matter through its Offices of Investigation and Enforcement. BEIC alleged MSC
Why CMA CGM pursues asset-light strategy? CMA's asset-light strategy diverges sharply from UAE rivals' infrastructure expansion plays as global maritime trade reconfigures. This content is locked Select a CN Premium Subscription Package To Unlock The Content! The post appeared first on Container News .
The Complete Delivery Process for Large Companies: From Planning to the Final Mile For large companies, delivery is no longer just an operational function-it's a core part of the customer experience and a major driver of cost, efficiency, and brand reputation. Whether a business is delivering physical goods, industrial equipment, retail products, or B2B supplies, the delivery process is complex, multi-layered, and increasingly technology-driven. Understanding the full delivery
Container shipping rates in 2026: fertilizer impact If you ship anything tied to US agriculture-inputs going in or product coming out-you've probably noticed how quickly "farm economics" turns into "freight economics." Fertilizer is one of the clearest examples. It's bulky, seasonal, price-sensitive, and it moves through a supply chain that can swing between calm and jammed depending on timing, routes, and global disruptions. This isn't about fer
How to Create a Captive Portal For WiFi with Beambox A great captive portal feels invisible to guests and indispensable to your team. Beambox takes that idea seriously: it turns guest WiFi into a branded, data-rich experience while keeping deployment light and maintainable. If you manage networks or venues, here's how to build a portal that's fast to join, easy to govern, and useful beyond the login. What a Modern Captive Portal Must Do When you ev
Panama Supreme Court annuls port concessions held by CK Hutchison unit Panama's Supreme Court has annulled key port concession contracts held by Panama Ports Company, a subsidiary of Hong Kong-based CK Hutchison, casting uncertainty over the future ownership of container terminals at the Panama Canal's Pacific and Atlantic entrances. The ruling affects long-standing contracts dating back to the 1990s that allow Panama Ports Company to operate the Balboa and Cristoba
MSC reiterates decision not to use Northern Sea Route MSC has reaffirmed that it will not use the Northern Sea Route, citing safety, environmental, and operational concerns as debate over Arctic shipping continues to intensify. The company said safe navigation in the Arctic cannot be assured, with risks to crews remaining too high. MSC also warned that increased commercial traffic would place additional pressure on fragile ecosystems and local commu
Signal Ocean acquires AXSMarine to accelerate shipping innovation Signal Ocean has announced the strategic acquisition of AXSMarine, a recognized leader in maritime freight and commodities tracking. The move reflects Signal's commitment to advancing technology, innovation, and collaboration across the global shipping ecosystem. AXSMarine has built a strong suite of products with significant market adoption. Signal Ocean stated the investment underscores a share
ACC posts 346% jump in Q3 profit on record volumes ACC Limited reported its highest-ever quarterly sales volume in Q3 FY26. The company sold 11.3 million tonnes , a 15% increase year-on-year . Profit after tax rose 346% on a normalized basis to Rs 380 crore . Revenue grew 22% year-on-year to Rs 6,483 crore , excluding one-time gains from the previous year. ACC, part of the Adani Portfolio, also announced plans to merge with Ambuja Cements Limited
JNPA SEZ records robust container handling performance in 2025 JNPA SEZ recorded a robust performance in container handling during Calendar Year 2025, reflecting increased trade activity and growing confidence among EXIM stakeholders. During CY 2025, JNPA SEZ handled a total EXIM volume of 20,693 TEUs, compared to 16,312 TEUs in CY 2024, registering a year-on-year growth of approximately 26.86%. The significant rise in overall container throughput highlights
Port of Oakland appoints new Director of Communications The Port of Oakland announced the appointment of Justin Berton to serve as its new Director of Communications, effective January 28, 2026. Berton will serve as the agency's lead communications strategist and primary media liaison for the seaport, airport, commercial real estate, and utility holdings. Kristi McKenney, the Port of Oakland's Executive Director, expressed her statisfaction of adding
Abu Dhabi Customs partners with PSA to develop AI-enabled system Abu Dhabi Customs announced a strategic partnership with CrimsonLogic, a wholly-owned subsidiary of PSA International, to develop the Integrated Customs Operations System, an Artificial Intelligence AI-enabled digital customs solution supporting the modernization of customs operations across Abu Dhabi. Under the collaboration, CrimsonLogic serves as the technology developer, systems integrator, a
Rotterdam 2050 port vision officially launched The Rotterdam 2050 Port Vision was officially launched and presented to many attendees in the Port Pavilion. Outgoing Minister Vincent Karremans of Economic Affairs stated that if the Netherlands and Europe want to remain economically strong and resilient in the future, choices must be taken now for the port of Rotterdam. The core of the Port Vision is that Rotterdam will be the most competitive,
C.H. Robinson outperforms market in Q4 2025 C.H. Robinson delivered another quarter of outperformance in Q4 2025 despite one of the most challenging freight environments in over a decade. The company demonstrated disciplined execution, market share gains, and the accelerating impact of its Lean AI strategy. President and CEO Dave Bozeman emphasized the company outpaced broader industry trends. The Cass Freight Shipment Index declined year
Shandong Marine in for LNG carrier quartet at Jiangnan China's Shandong Marine has moved to expand its LNG carrier fleet, placing an order for four newbuildings at compatriot yard Jiangnan Shipyard, with the vessels set to be chartered to a unit of UK-based energy major Shell upon delivery. The state-run shipping group has signed up for 175,000 cu m units with deliveries scheduled across ...
Trump taps Laura DiBella to lead US shipping watchdog President Donald Trump has named Laura DiBella as the new chairman of the Federal Maritime Commission, filling a leadership gap at the US maritime regulator as it takes on a more assertive role in global shipping oversight. DiBella, a former Florida secretary of commerce, was designated chairman on January 28, the FMC confirmed. She was ...
Rex lines up jackup rig offshore Oman Singapore-listed Rex International is pressing ahead with offshore development drilling in Oman after its unit Masirah Oil secured a jackup rig for work at the Yumna field. Masirah Oil said its parent company, Rex Oman, has signed a contract for the Energy Emerger jackup drilling rig, operated by Northern Offshore. The unit will be used ...
Bruton presses ahead with VLCC build-out Tor Olav Trøim-backed VLCC newcomer Bruton has exercised options for two additional newbuildings at China's New Times Shipyard, continuing its steady build-up in the supertanker market. The Oslo-listed company confirmed it has moved ahead with the optional vessels attached to its earlier contracts with the yard, with pricing and payment terms unchanged from the most ...
Bauxite booms as aluminium output triples since 2000 Global aluminium production has nearly tripled since the turn of the millennium, and the ripple effects are being felt most clearly in the dry bulk market, where seaborne bauxite trade hit a fresh record last year. Analysis by Ursa Shipbrokers, drawing on data from the International Aluminium Institute (IAI), shows global primary aluminium output reached ...
Splash Wrap: The week in shipping in 450 words As a US carrier strike group made its way to the Gulf, a familiar foe to commercial shipping reared its head for the first time in months. A video titled 'Soon' published at the start of the week by the Houthis suggests the Iranian-backed Yemeni military group is gearing up to target vessels once again. The ...
World Maritime University warns of 'severe crisis' as half of seafarers eye exit within five years A major new survey by the World Maritime University (WMU) has painted a stark picture of life at sea, warning that excessive workloads, chronic stress and poor mental health are pushing large numbers of seafarers towards the exit - with potentially serious consequences for safety and future crewing. The report, In Search of a Sea-Life ...
Japan's Sakura Ocean JV blossoms as shipping and yards unite Japan has unveiled an all-Japan shipping initiative designed to lock in work for its shipyards and tighten cooperation along the domestic maritime value chain, as competition from Chinese and South Korean builders intensifies. ORIX's vessel trading arm SOMEC has signed a capital and business alliance with three of Japan's most influential owner-builder groups - Shoei ...
Subsea 7 bags US oil and German offshore wind contracts Offshore engineering and services player Subsea 7 has won work on an oil project offshore Louisiana and an offshore wind project offshore Germany. The first contract was awarded by Shell for the Kaikias Waterflood project. The Kaikias field is a deepwater development in the Mars-Ursa Basin, approximately 210 km off the Louisiana coast in the ...
Panama court torpedoes CK Hutchison terminals deal Panama's Supreme Court has thrown CK Hutchison's flagship Panama Ports Company (PPC) concession into limbo, ruling the Hong Kong group's contract to operate terminals at either end of the Panama Canal unconstitutional. In a brief statement late Thursday, the court struck down the 25-year extension granted to PPC in 2021, following an audit by Panama's ...
K Line, MOL and MISC line up for next wave of Northern Lights CO2 carrier orders Northern Lights has handed out a fresh round of CO2 shipping business to three of Japan and Malaysia's biggest blue-chip owners. The Oslo-based CCS JV - owned by Equinor, TotalEnergies and Shell - has awarded a long-term time charter for one 12,000 cu m liquid CO2 carrier to a consortium of Kawasaki Kisen Kaisha (K ...
Equinor hands NCS maintenance deal to Worley Rosenberg Worley Rosenberg has been selected by Norwegian energy major Equinor to undertake maintenance and minor projects on selected facilities on the Norwegian Continental Shelf. The framework is expected to support activities for selected installations, including the Sleipner and Johan Sverdrup facilities, following the contract signing. The framework agreement is scheduled to commence on May 1, ...
If you're not at the table, you're on the menu: why seafarer abandonment keeps happening Kuba Szymanski, secretary general of InterManager, weighs in on the latest appalling data surrounding crew abandonment. Every time a seafarer is abandoned, the industry performs the same ritual: statements of concern, condemnation of "unscrupulous owners," praise for humanitarian responders - and then we move on. Meanwhile, thousands of seafarers remain unpaid, stranded on ships that ...
Carlyle in talks to acquire Lukoil's international assets One of Russia's two biggest oil producers Lukoil has signed an agreement with US investment firm Carlyle to sell all its international assets. The transfer of assets will be done through Carlyle's acquisition of Lukoil International GmbH, a 100% subsidiary of Lukoil, which owns international assets of the Russian company. The transaction does not include ...
Trump ratchets up tariff uncertainty as spot rates continue to slide It's only 30 days into 2026, and US President Donald Trump has already threatened to charge new tariffs on goods...
Venezuelan oil is back on the table (terms and conditions apply) The US has issued a long-anticipated general licence that effectively puts Venezuelan oil back into the mainstream - but with...
Report links lower GNSS interference by targeting equipment vulnerabilities The Royal Institute of Navigation warned that GNSS interference is now a persistent maritime safety threat and is urging equipment...
P&I renewal market looks 'pretty hard', Lockton confirms International Group affiliates seeking higher premiums and largely getting them
Singapore's trade flows expose the new architecture of global supply chains Singapore has become the clearest lens through which to read the upheaval reshaping global trade, as tariff battles, Red Sea...
Ukraine's Danube traffic goes dark after Russian attacks Vessels have been switching off their AIS while transiting the Danube since October, amid rising security risks as Russia intensified...
Venergy Maritime firms up more tanker orders in South Korea Fast-expanding member of Vyron Vasileiadis-led V Group now has up to eight MR2s booked at K Shipbuilding
The Daily View: Adapting to the new world order
Iran tensions escalate, putting pressure on crude oil trade flows out of the Middle East Houthi militants have also sent out a coded message hinting that strikes on the Red Sea could ensue if the...
Sludge-to-fuel start-up gets $20m in equity funding Irish fuel start-up XFuel has raised $20m from shipowners and venture capital funds to scale up to commercial production of...
Panama court strikes down CK Hutchison port contracts The decision comes amid US-China rivalry over the strategic waterway and could force Panama to retender the terminals
ONE posts first quarterly loss of fiscal year as freight rates soften The carrier kept its full-year profit forecast unchanged at $310m, based on the assumption that the routing via the Cape...
Daily Briefing Asia's big container lines advancing dual-fuel boxship race | Zhonggu order highlights mid-sized boxship pivot as China's trade patterns evolve...
APMT to run Hutchison's Panama terminals on interim basis after court ruling The appointment of Maersk's terminals arm came just hours Panama's Supreme Court nullified the concessions Hutchison had held at the Balboa and Cristobal ports for almost 30 years.
FMC weighs hefty fees, port bans for Spanish vessels The move comes after Spain turned away three US-flagged ships and a Danish multipurpose vessel on the grounds they were carrying military cargo bound for Israel.
Schneider Q4 profit weakens, but company pins hopes on capacity exits CEO Mark Rourke said a spot rate surge in December was the first sign of truckload capacity exits having a material impact on prices that will eventually lead to the carrier being able to charge shippers higher rates.
Frontloading drags ONE to a loss in its fiscal third quarter A surge in tariff-driven frontloading from Asia to North America earlier in the year led to a wait-and-see approach from US importers, resulting in weaker demand.
Panama court voids CK Hutchison canal terminal leases The decision nullifies Hong Kong-based Hutchison's ability to operate the Balboa and Christobal ports that bookend the Panama Canal and clouds its attempt to sell its global terminals portfolio.
Wavelength podcast: Conflict and risk as US forces gather off Iran Plus, the Solong captain testifies in court, Chinese crew kidnapped for scam centres and Birkett's Granular
Turkish owner Besiktas unveils $100m worth of product tanker acquisitions A pair of product carriers changes hands during a charter to commodity trader Trafigura
Nordea shipping boss eyes deal pipeline stretching into the year ahead Clients focus on deleveraging and increasing flexibility, Bech says
Signal chief Martinos to back shipping entrepreneurs as Greek group eyes extra growth CEO reveals Signal's growth plans after tech takeover
Dorian LPG hands out cash as analysts underestimate VLGC rate strength Owner says earnings have recovered after weaker November and December
Shandong Shipping confirms LNG newbuilding quartet for Shell as rates emerge Ten-year charters secured on energy major's new Chinese-built ships
Gersemi fund profits from shunning reliance on shipping share gains Norwegian investor delivers 13% return for clients during 2025
US private equity giant Carlyle lines up deal for sanctioned Lukoil's overseas oil assets Deal will remove uncertainty over tanker exports from Iraq's giant West Qurna 2 field
DHT Holdings wraps up vintage VLCC clear-out Owner takes slight discount as oldest remaining vessel departs fleet
Trafigura signs deal to ship crude to Indian refiner squeezed by Russian sanctions Trader's chartered fleet to ensure oil keeps flowing
Asian buyers looking to Iran to replace Venezuela-shaped hole in oil cargoes Trend could be temporary, Signal's Maria Bertzeletou says
Advantage Tankers returns to DH Shipbuilding to stack tanker orders The $85m price tag indicates a rise in suezmax newbuilding prices
Dividend, trust and upsized offerings: How Okeanis Eco Tankers became an investor favourite This week's Steetwise looks at how Okeanis pulled off two equity raises in three months, as competitors could only watch
Norwegian bosses press flesh and green agenda in meeting with King Charles III British monarch grants audience to touring party from Hoegh Autoliners and Skuld
Norwegian sovereign wealth fund exits several shipping stocks as it reshapes $5.3bn maritime book Fund keeps large holdings in cruise liners as part of vast shipping book
Rising risk: Stolt-Nielsen spies trouble coming for product tankers Delivery slate is a major headwind for sector, according to Norwegian group
Iranian cargo ship grounds after hull breach off Russia Authorities launch rescue operation in Caspian Sea
'All necessary measures': Beijing hits back as Panama Canal court ruling raises stakes in US-China power struggle Decision threatens bid from MSC-led consortium to take over CK Hutchison port concession
Trader Orix inks newbuildings through unique joint venture with owners and yards Pioneering agreement will see three ships delivered by 2030
Ioannis Martinos tells how Signal pulled off AXSMarine takeover in three months Businesses were well-matched, and the teams got along well, Greek tech boss tells TradeWinds
South Korean shipowner KSS Line scores $140.5m in charters Share price spikes on the deals
John Fredriksen's fortune swells to all-time high of $30bn Tanker tycoon is now worth 100 times more than when he took Frontline public
Private equity firm HitecVision open to a green shipping comeback Search is on for long-term infrastructure partnerships
Troim and Koch-backed start-up goes all-in on VLCCs in China Final two options declared, bringing Bruton's orderbook to eight big tankers
Private equity firm HitecVision open to a shipping comeback Search is on for long-term infrastructure partnerships
ONE optimistic about container market rebound despite dismal third quarter The postponement of the Trump administration's shipping taxes is one factor keeping the company optimistic
Royal Caribbean Group orders up to six 'game-changer' cruise ships and 10 river vessels Executives keeping details of new class of ships under tight wraps
Congress Proposes Taking the Fox Out of the Henhouse Big DataQ and PSP proposal news. This week, Representatives Tracey Mann and Sharice Davids introduced the Motor Carrier Safety Screening Modernization Act, and it addresses something that's frustrated safety-conscious carriers for years. The bill has bipartisan support and backing from ATA, OOIDA, CVSA, the National Safety Council, and just about every major industry organization. When you see th
DOT inquiry signals new era of scrutiny for electric trucks WASHINGTON - Federal regulators are officially asking if the nation's trucking fleet is moving too fast toward electrification without a safety net. The Pipeline and Hazardous Materials Safety Administration, a modal agency within the U.S. Department of Transportation, published on Friday a formal Request for Information (RFI) to investigate the "distinct safety risks" of transporting hazardous m
Weaker container volumes, rates lead Q3 loss for ONE ocean group Softer freight volumes and weaker rates saw Ocean Network Express suffer a net loss of $88 million on revenue of $4.074 billion in the third fiscal quarter of 2025. In Q4 the carriers expect a recovery of cargo volumes and an uptick in rates, and a continuation of vessels diverting away from the Red Sea-Suez Canal and around the tip of Africa. "Our 3Q FY2025 results reflect a challenging operatin
Canada Post, letter carriers hammer out details on final contract Canada Post said Thursday it has finalized language in its tentative contract agreement with mail carriers, setting the table for the Canadian Union of Postal Workers to schedule a ratification vote. The parties settled on contract terms Dec. 22, but some provisions still required work to get in their final form. The five-year contract includes wage increases, enhanced benefits and the initiation
Amazon's LTL offering reaching out to shippers as possible customers: report There are stirrings of the long-awaited entry into the LTL market by Amazon, according to a recent report from a leading Wall Street transportation analyst team. In a report released last week by the transportation team at Morgan Stanley led by Ravi Shanker, the investment bank said Amazon "appears to be in the early stages of reaching out to shippers regarding their LTL offering." Morgan Stanley
ArcBest, LTLs still waiting on recovery ArcBest is continuing to prep its less-than-truckload network and asset-light business for an eventual recovery. The company is hoping the implementation of better technology tools, along with structural cost takeouts, will amplify returns when demand improves. ArcBest ( NASDAQ: ARCB ) reported a fourth-quarter headline net loss of $8.1 million, or 36 cents per share, on Friday ahead of the marke
CN shows financial, operating gains in fourth quarter Canadian National showed gains in traffic, revenue, and operating income in the fourth quarter of 2025, the company announced ahead of market openings Thursday. Financial results (all converted to U.S. dollars) showed revenues of $3.3 billion, a gain of 2% over the same quarter in 2024. Operating income was $1.28 billion, up 6%, with adjusted operating income of $1.31 billion, up 9%. Net income w
Descartes drives the future of visibility with agentic AI The industry-wide push for better visibility has fundamentally reshaped the way freight moves. Freight visibility platforms have built networks with millions of users, promising real-time insights. Descartes VP of Strategic Operations Andrew Wimer, however, sees a deeper problem within the visibility landscape. The industry is losing trust, largely due to shortcuts that prioritize scale over reli
Covenant Logistics signals rate momentum, fleet discipline after Q4 loss Covenant Logistics Group reported a fourth-quarter net loss, but told analysts it is increasingly confident that freight fundamentals are improving, positioning the carrier for stronger operating performance in the second half of 2026. Executives said adjusted fourth-quarter results came in largely as expected despite disruptions from a prolonged U.S. government shutdown, elevated insurance claim
FMCSA Counts Inspections. Nobody Counts Compliance Every year, FMCSA and its state partners conduct roughly 3.3 million roadside inspections. In 2024, about 21.6 percent of vehicles and 6.7 percent of drivers were placed out of service. That's over 700,000 vehicles and 220,000 drivers ordered off the road annually. How do we know they actually stayed out of service? We don't. Because nobody's checking. The Numbers I've been tracking English Langu
Non-Domiciled Rule Stayed, But FMCSA Is Still Stacking Paper On November 13, 2025, the U.S. Court of Appeals for the D.C. Circuit stayed FMCSA's interim final rule restricting non-domiciled commercial driver's licenses. Six days later, FMCSA filed an unopposed motion to hold the entire case in abeyance. The agency told the court it wanted time to promulgate a final rule, so no one would waste time briefing arguments that might become moot. The court grante
First look: CN revenue, profit grows on rail freight gains Canadian National reported fourth-quarter revenue and operating income improved as it moved higher volumes of freight more efficiently from the same period a year ago. Revenues of US$3.30 billion increased 2% while operating income of $1.28 billion was higher by 6%, the company said in a release prior to market openings. Adjusted operating income increased 9% to $1.32 billion. Net income of $920
China company will give up Panama Canal ports after court ruling The Chinese company that operates ports at the Panama Canal will have to give up control after that country's Supreme Court ruled the concession was unconstitutional, according to published reports. Beijing protested the decision announced late Thursday over the concession held by a subsidiary of CK Hutchison Holdings of Hong Kong. President Donald Trump has said that the U.S. taking back control
Maersk Air Cargo to cancel Asia-US flying with Boeing 767s, Amerijet Maersk Air Cargo, a unit of integrated container shipping giant A.P. Moller - Maersk, is terminating its air transport contract with operator Amerijet after deciding to discontinue trans-Pacific flights with Boeing 767-300 freighter aircraft and rely on more efficient Boeing 777 jets. Maersk's all-cargo airline recently notified Amerijet that it will cease all operations on Feb. 28 and terminate
English Language Proficiency violations-what's really happening? An analysis of the Federal Motor Carrier Safety Administration's latest blitz-English Language Proficiency (ELP) violations-reveals that law enforcement is chasing its own tail. The states most aggressively enforcing the law are a distinct group from the states domiciling the offending carriers, contributing to a situation where carriers routinely resume operations without English-speaking driver
Trucking Legislation 2026. The 101 Breakdown Carriers Need Arizona House Bill 2345, introduced on January 15th, would make it a Class 5 felony for an undocumented person to possess a fraudulent commercial driver's license in the state. The headline is what happens next: law enforcement would be required , not permitted, required , to impound the commercial motor vehicle at the time of the stop. If the truck is titled in the driver's name, it's forfeited
First look: Covenant Logistics reports Q4 net loss Covenant Logistics Group reported a fourth-quarter net loss as impairment charges and higher insurance costs weighed on results, even as core operating performance came in roughly in line with management expectations. The carrier posted adjusted earnings of $0.31 per share, compared to $0.49 in Q4 2024. Total revenue rose 6.5% year-over-year to $295.37 million. Chattanooga-based Covenant Logistic
Schneider National's shares sink on weak Q4, 2026 outlook Multimodal transportation provider Schneider National's fourth-quarter result and full-year 2026 guidance came in below expectations on Thursday, sending shares 16% lower in after-hours trading. Schneider ( NYSE: SNDR ) reported fourth-quarter adjusted earnings per share of 13 cents, 7 cents below both the consensus estimate and the year-ago result. Consolidated revenue of $1.4 billion was up 5%
Bill empowers truck drivers to fight flawed safety data WASHINGTON - Bipartisan legislation introduced in Congress this week aims to strip away the red tape that has long allowed flawed data to derail trucking careers. For years, a single inaccurate safety violation could follow a professional driver like a shadow, driving up insurance costs and putting future jobs at risk - often with no impartial way to fight back. The Motor Carrier Safety Screening
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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