Tanker Aqua 1 struck by two missiles in Qatar waters Another day, another Iranian strike on a merchant vessel. QatarEnergy confirmed today that the Aqua 1, a fuel oil tanker on charter to the company, was the subject of a missile attack
FMT Shipyard delivers two towboats to Maritime Partners Metairie, La., headquartered Maritime Partners has added two new inland towboats, M/V Beth Williams and M/V Deirdre Ann, both built by FMT Shipyard & Repair in Harvey, La., and equipped with Mitsubishi
Vard Marine US brings Hanwha and Siemens on board for Next Generation Logistics Ship contract Vard Marine US Inc., a subsidiary of Fincantieri's Vard Group AS, has been awarded a contract to participate in the U.S. Navy's Next Generation Logistics Ship (NGLS) program. Under this contract, Vard
Conrad reports improved operating results Conrad Industries, Inc. (OTCID: CNRD) yesterday reported its 2025 results and backlog. For the quarter ended December 31, 2025, the company had net income of $4.7 million and earnings per diluted share
S&Y expands Texas tug services to the Port of Brownsville and Port Isabel Houston-headquartered Suderman & Young Towing Company (S&Y) said today that it is extending its tugboat operations to the Port of Brownsville and Port Isabel, Texas, beginning service on April 9, 2026. It
MARAD to award $35M in Small Shipyard Grants Secretary of Transportation Sean P. Duffy announced yesterday that the Maritime Administration (MARAD) is seeking applications for $35 million in Small Shipyard Grants. This is a 200% increase on the $17.5 million
Sea-Intelligence: 2025 operating profit drops to USD 15.4bn In issue 758 of the Sunday Spotlight, Sea-Intelligence analysed the 2025-FY financial and operational performance of the major global container shipping lines. The data indicates that the industry has achieved a soft landing rather than a catastrophic crash, with the reporting carriers recording a combined USD 15.4bn EBIT for 2025. While this represents a significant cooling from the USD 35.4bn o
Cavotec secures €13M MoorMaster order in North America Cavotec has signed a contract worth approximately €13 million to supply its MoorMaster vacuum mooring systems for a specialized maritime application in North America. Deliveries are scheduled between October 2027 and March 2028. The MoorMaster systems are designed to enhance vessel operations by improving safety, reliability, and efficiency. The technology uses automated vacuum mooring to secure
Shikoku Electric and Imabari launch on-site battery storage Project in Japan Shikoku Electric Power and Imabari Shipbuilding have started operations of an on-site energy storage system at the Saijo Shipyard, using battery technology developed by PowerX . The project deploys two Mega Power 2700A stationary battery units, delivering a total storage capacity of 4.9 MWh and a rated output of 2 MW. The system is operated by Yonden Demand Side Storage LLC, a wholly owned subsid
Port of Gioia Tauro deploys drones to strengthen security The Southern Tyrrhenian and Ionian Sea Port System Authority has signed a memorandum of understanding with the Gioia Tauro, granting two latest-generation remotely piloted aircraft systems on exclusive loan for port surveillance and security operations. The loan for use agreement covers a five-year term with the possibility of extension and includes the full complement of accessories as well as s
ICS and ITF urge action on Gulf shipping crisis and seafarer safety The International Chamber of Shipping (ICS) and International Transport Workers' Federation (ITF) met Gulf State representatives to tackle the shipping crisis in the region. The conflict has entered its fourth week. Ships have come under attack. Seafarers have died. Around 20,000 crew members remain stranded on vessels unable to transit the Strait of Hormuz . Urgent actions to support crews The p
Persian Gulf conflict fails to hit charter demand The charter market has remained resilient amid the Middle East disruption, with Maersk remaining particularly active due to its less active newbuilding orderbook. The Danish line has chartered a few medium to large container ships from non-operating owners and shipping lines to plug their tonnage gap
How the dual-chokepoint crisis is reshaping the Indian Ocean port hierarchy With Hormuz under selective blockade and the Red Sea still closed to Western carriers, the ports that benefited from rerouting now face a narrowing window and a threat to the only corridor keeping them alive
Airfreight rates jump up to 95% on Iran war disruption International airfreight rates have jumped by as much as 95% between February and March 2026, as the Iran War slashes available capacity and drives fuel costs sharply higher, according to Drewry Airfreight Insight. Rates from Shanghai to Dubai have soared 95% since the start of the conflict, reaching $8.60 per kg. Drewry warns rates could surpass the pandemic record of $9.40 if fuel surcharges ke
CEVA Logistics completes acquisition of Fagioli Group CEVA Logistics has finalized the acquisition of Fagioli Group , strengthening its capabilities in global project logistics following the signing of the agreement in December 2025. With the transaction now complete after regulatory approvals, Fagioli's approximately 450 employees will join CEVA, bringing extensive expertise in heavy lift, specialized transport, and engineered logistics solutions.
Shipbuilding: China exercises itself passively through dependency As dormant yards reawaken across the Yangtze delta and sea lanes fracture from Hormuz to Panama, Beijing's industrial colossus is becoming something more than a commercial juggernaut it is becoming leverage
Piraeus Port reports record revenue Piraeus Port Authority recorded its highest-ever revenue and EBITDA figures for fiscal year 2025, demonstrating sustained growth across most business segments despite a challenging international environment. Total revenue reached EUR€250.8 million, an increase of 8.6% or EUR€19.9 million compared to 2024. EBITDA grew 2.2% to EUR€132.3 million, while profit after tax declined marginally by 1.5% to
"K" LINE begins long-term use of bio-LNG fuel for car carriers Kawasaki Kisen Kaisha ("K" LINE) has announced the start of long-term use of carbon-neutral bio-LNG fuel for its LNG-fueled car carriers, following the signing of a procurement agreement for liquefied bio methane (LBM). The company expects the initiative to reduce its greenhouse gas emissions by approximately 60,800 tonnes per year. Bio-LNG is produced from organic waste such as livestock manure
OOCL launches Southeast Asia-Indian Subcontinent service OOCL has announced the launch of its new Southeast Asia - Indian Subcontinent Service (SIS), marking its first dedicated service connecting Southeast Asia with India's west coast and Pakistan. The new service is set to commence on 24 April 2026 and is designed to provide a direct, efficient and reliable connection between key ports in Southeast Asia and the Indian Subcontinent. The SIS rotation w
US Court upholds FMC rule on carrier refusals to deal with shippers A US federal appeals court has rejected a challenge by the World Shipping Council (WSC) to a Federal Maritime Commission (FMC) rule that defines when ocean carriers unreasonably refuse to deal or negotiate with shippers over vessel space. The DC Circuit Court of Appeals issued its ruling on March 31, 2026, denying the WSC's petition for review. The WSC, which represents approximately 90% of the w
CMA CGM announces Peak Season Surcharges (PSS) for key trade lanes CMA CGM Group has announced new Peak Season Surcharges (PSS) for selected trade lanes to ensure reliable and efficient service during periods of high demand. From All Origins to Kribi, Cameroon Starting 9 April 2026, CMA CGM will apply a PSS of USD 250 / EUR 200 / GBP 175 per container on all cargo shipped from any origin to Kribi, Cameroon. This surcharge aims to maintain service reliability ami
GEODIS completes acquisition of Transports Malherbe GEODIS has finalized its acquisition of Transports Malherbe following regulatory approval, strengthening its position in the French road transport market. The deal enhances GEODIS' capabilities in both full truckload (FTL) and less-than-truckload (LTL) transport, bringing its combined revenue in the segment to nearly €2 billion and reinforcing its standing among the top three players in France. T
Freightos Weekly Update: Still no ocean rate spike though more increases set for April Iran has continued to allow some vessels to transit the otherwise closed Strait of Hormuz for countries coordinating with and possibly paying a toll to Iran. This development includes two 19,000 TEU COSCO container vessels which had been stuck in the Persian Gulf since the end of February. COSCO - possibly not coincidentally - also just restarted accepting bookings to Gulf ports. The Houthis fire
Subsea7 bags Chevron job offshore Equatorial Guinea Subsea7 has secured a contract from Noble Energy, a Chevron company, for subsea installation work on the Aseng gas monetisation project offshore Equatorial Guinea. The job, classed by the Oslo-listed contractor as "substantial" - putting it in the $150m to $300m range - covers a single-well tieback linking the Aseng field to the existing Alen ...
Hapag-Lloyd raises Baxi stake to 50% Hapag-Lloyd has increased its stake in Indian ports and logistics group JM Baxi Ports and Logistics to 50%, confirming the move in its 2025 annual report, as tracked by analysts at Alphaliner. The Hamburg-based group first acquired a 35% stake in Baxi in early 2023 from US private equity firm Bain Capital, subsequently raising it ...
Geneva Dry Dialogues: Veson Nautical Russ Hubbard has a clear-eyed view of where maritime technology stands - and where it falls short. As chief commercial officer of Veson Nautical, one of shipping's most established commercial management platforms, he watches the industry's relationship with technology closely. His verdict on the AI moment? Promising, but dangerously prone to the wrong shortcuts. "Maritime ...
Partners link up for Louisiana terminal development The Port of New Orleans (Port NOLA), Ports America, and Mediterranean Shipping Co's Terminal Investment Limited (TiL), have incorporated Louisiana International Terminal Holdings, a joint venture to run a new container facility in St Bernard Parish. "We are at a defining moment for the future of Louisiana's role in international commerce," said Beth Branch, president ...
Hormuz closure drives global coal comeback As another vessel was struck today in the region, Iran's effective closure of the Strait of Hormuz is accelerating a significant and potentially durable return to coal across global energy markets, with countries from Japan and South Korea to Germany and the Philippines rapidly reversing phase-out commitments and lifting generation caps to compensate for disrupted ...
MPC Capital and Wilhelmsen launch vessel IT venture German asset manager MPC Capital and Wilhelmsen Ship Management have joined forces to launch a new standalone provider focused on onboard vessel IT. The joint venture called Waterway IT goes live on April 1, bringing together the IT operations of both partners under a single global platform. Waterway IT starts out with around 400 vessels ...
Belov Engenharia lands $521m in DSV contracts with Petrobras Brazil's Belov Engenharia has signed eight contracts with Petrobras to charter four diving support vessels (DSVs) and provide shallow-diving and ROV operations. According to the company, the contracts will begin between the second half of 2026 and the second half of 2027. The contracts are worth 2.7bn reais ($521.3m) and will be executed over four ...
Singapore launches red flag guide to help shipping industry detect wildlife trafficking in containers Singapore has launched a practical compendium of red flag indicators to help the maritime supply chain identify and respond to illegal wildlife trafficking in containerised sea cargo, in a targeted initiative that builds on global guidance while reflecting the city-state's unique position as one of the world's busiest transhipment hubs. Developed by Singapore's National Parks ...
Solstad Maritime secures CSV extension Norwegian offshore vessel owner Solstad Maritime has been awarded a contract extension for one of its construction support vessels. The extension was awarded to the 2007-built CSV Normand Energy. The vessel is currently working for Prysmian. In December of last year, the Italian cabling giant replaced the previously contracted Normand Ocean with the larger Normand ...
Trump's 'God squad' waives endangered species rules for Gulf of Mexico drilling A US federal Endangered Species Committee has unanimously voted to exempt all Gulf of Mexico oil and gas activities from the Endangered Species Act (ESA) protections, following a Pentagon request tied to national security. The rare 20-minute closed-door meeting, the fourth since the committee's inception in 1978, included six Trump appointees led by Interior secretary ...
BRS exposes the scale of the challenge facing Trump's maritime ambitions The United States holds less than 1% of global commercial shipbuilding market share and ranks on a par with Vietnam in a rigorous ten-criteria assessment of shipbuilding competitiveness - a sobering verdict from broker BRS Group that exposes the enormous structural gap between Washington's maritime ambitions and industrial reality. In its shipping markets annual review ...
The rise of hydrogen in short sea shipping Dave Lee, executive director at e1 Marine, writes for Splash today. Hydrogen has become one of shipping's most debated fuels, yet much of that debate remains focused on deep-sea vessels and long-term timelines. Viewed through that lens, hydrogen still appears distant, constrained by cost, storage complexity, and limited infrastructure. But that framing overlooks where hydrogen ...
Tanker cycle timing: from 'scramble mode' to demand destruction The Strait of Hormuz has never been closed before, so how this plays out for tanker rates is hypothetical. There...
Brief Gulf shutdown manageable, but year-long closure would upend global LNG flows, says think tank Longer shutdowns of Qatari and UAE LNG would have markedly different effects on global gas markets, according to the Oxford...
Venergy orders suezmaxes as expansion rolls on Tanker orderbook now runs to 20 ships
Middle East port update: Wednesday, April 1 Traffic through the Strait of Hormuz continues to be severely disrupted and conditions may change at short notice
China consolidates shipbuilding supremacy as global fleet renewal gathers pace China's main rivals are adapting by expanding overseas partnerships while India is re-entering the market with ambitions to grow. However...
Boxship sale-and-purchase market holds firm with sub-5,000 teu vessels dominating activity Notable transactions included the sub-panamax boxship Gerhard Schulte, which was sold by Schulte Group to serial secondhand containership buyer MSC
Nearly one month later, Trump's war risk insurance scheme is going nowhere No known users nearly four weeks after US president declared plan 'effective IMMEDIATELY'
Singapore bunker imports decline as arrivals from Kuwait evaporate Bunker fuel sales continue based on availability as supplies remain limited, with South Korean and Kuwaiti exports declining
Crew safe as MR tanker struck by projectile off Qatar All 23 Filipino seafarers on board the ship were unharmed but the vessel sustained damage above the waterline
Nature treaty preserves IMO's mandate: Osborn IMO's head of marine environment explains how the Biodiversity Beyond National Jurisdiction Agreement impacts shipping
The Daily View: The long game
Daily Briefing Asian tanker flows face disruption even with favourable war outcome | IMO's Net-Zero Framework 'to raise transport costs by 20%...
European Union approves US trade deal, but sets firm conditions Wary of potential US actions to undermine the agreement, EU lawmakers inserted three clauses into the deal that provide "strong and clear safeguards."
Maersk again asks FMC to waive 30-day review period for emergency war surcharge The carrier is implementing a second surcharge on US trades to recoup higher operating costs driven by the war in the Middle is asking maritime regulators for permission to levy the fee immediately.
Montreal shippers get new north-south service from CMA CGM The first vessel on the carrier's Caribbean-North America service will call the port next week, offering Canadian exporters more transshipment options to other markets.
India delays cabotage rewind plan amid carrier pressure, Middle East reroutings The decision to push back the late-April implementation is in response to industry appeals and the Middle East crisis, which has left Indian ports handling significant rerouted volumes of stranded Persian Gulf-bound containers.
Rotterdam rail operators ink deal to tackle delays, reliability The agreement is the first of its kind between rail freight companies in Rotterdam and part of ongoing efforts to share information across the busy multimodal network at Europe's largest port
US shipowner urges investigation over fatal attack in Iraqi waters Safesea chairman accompanies body of fallen seafarer on his final voyage home to India
What happens to shipping after the Iran war ends? Brokers and analysts look ahead as short-term reactions to conflict threaten to become ingrained
Rebel shareholder wins latest round in battle against Euronav-Fredriksen VLCC deal FourWorld Capital keeps legal bid on track in Belgian court in long-running dispute
Gloves off: Genco Shipping rips Diana's 'meagre' returns in shareholder letter New York-based takeover target says Greek suitor fails to measure up in performance as a public company
Emirates shrugs off Gulf war as sub-let boxship fixed at $65,000 per day Container charter market holds up despite Middle East Gulf disruption
JP Morgan linked to VLGC newbuilding duo at Samsung Heavy Industries Contract prices 2029-delivering vessels at around $113m each
Alternative fuels uptake for newbuildings slows to a crawl in March First-quarter figures also reflect drop-off, with numbers down 37% year on year
Full scale of Strait of Hormuz traffic slump revealed after month of war Chokepoint traffic remains depressed despite US efforts to paint a rosier picture of global trade
Iran carrying out 'global economic extortion', says Adnoc boss Oil group's CEO says the world must act together to protect the free flow of energy
Hafnia linked to MR tanker order worth up to $480m Shipowner connected to business for up to 10 vessels in China
Vale capesize chartering veteran leaves after transfer to iron ore sales Leandro Prina has spent more than 16 years at mining giant
Hafnia lines up large MR tanker order to propel Hengli into new territory Shipowner pencils in slots worth up to $480m
'Like water in the desert': Sanctioned Sovcomflot tanker unloads crude in Cuba Russian LR2 discharges much-needed oil after transatlantic odyssey
New MOL chief Jotaro Tamura says addressing impact of Middle East war an 'urgent issue' President and CEO speaks to employees as he steps into hot seat
Trafigura swoops for trio of product tankers on period deals Trader said to have booked older ships on charters of up to 20 months
Tankers make rare voyage from US as UK jet fuel supply runs low MR vessels heading from New York as last Middle East shipment nears English coast
Law firm Preston Turnbull brings in partner David McKie from rival CMS London operation also promotes Omer Aral and Scarlett Dixon
Guiding Star: Dola Oluteye works to bring an African perspective to the IMO The continent is home to 1.4bn people highly reliant on trade but emitting a tiny percentage of global carbon
Stocks rise and oil dips as Trump teases Middle East retreat Two, maybe three weeks, says Trump, despite continued blockage of Strait of Hormuz
China's CNOOC splashes out $50m on double order State-owned oil group adds to anchor-handler fleet
Stocks up and oil dips as Trump teases Middle East retreat Two, maybe three weeks, says Trump despite continued blockage of Strait of Hormuz
Five shadow fleet tankers join convoy to avoid boarding by UK military Two of the sanctioned ships turned back from the English Channel after threat of interception from UK government
AET tanker ships first WTI crude cargo to Greece in four years Voyage by the Eagle Helsinki shows how oil flows are being reshaped
First-quarter LNG newbuildings ratchet up with return of independent owners Some orders appear speculative during active first quarter
Bidding war for Bourbon offshore tug fails to fetch market value Five bidders fire in 145 offers as auction closes near current market value
Iranian missile hits QatarEnergy tanker in second attack in two days Crew battled fire after vessel targeted in the Middle East Gulf
Fire burns on tanker after second Iranian attack in two days Crew battled fire after vessel struck in the Middle East Gulf
CMB.Tech banks gains from vessel sales as 'Sinokor effect' kicks in Belgian shipping conglomerate is benefiting from a raft of sales to new dominant VLCC player
Shipping leaders hold Middle East crisis talks with UK PM Starmer HFW shipping boss Paul Dean among those attending meeting in Downing Street
Fuel smuggling probe sees Bolivia halt Trafigura and Vitol petrol deal Government investigating whether poor quality barrels were brought in from neighbouring Chile
Fire burns on QatarEnergy fuel oil tanker after second Iranian attack in two days Crew battled fire after vessel struck in the Middle East Gulf
Swiss Maritime Capital pays eye-catching price for suezmax tanker newbuildings Yard's orderbook hits full-year target just three months into 2026
Tanker ablaze after fresh Iran missile strike off Qatar Crew battled fire after vessel struck in the Middle East Gulf
Swiss Maritime Capital pays record price for suezmax tanker newbuilding Yard's orderbook hits full-year target just three months into 2026
DH Shipbuilding sets suezmax price record as Swiss Maritime Capital boosts order tally to six vessels Yard's orderbook hits full-year target just three months into 2026
Shanghai International Port Group profit dips as core port growth and expansion gather pace Shanghai operator lifts throughput and invests heavily despite earnings pressure
Projectile strike hits tanker off Qatar coast Crew safe as authorities probe fresh Gulf security incident
Maritime venture capital leader eyes nuclear, tracking and cyber security after MOL buys in Motion Ventures founder says nuclear propulsion can 'fundamentally change trade'
Cosco Shipping Holdings lines up $2bn container ship order Twelve new LNG dual-fuel vessels will be deployed by Hong Kong-listed Orient Overseas Container Line
China's CNOOC splashes out $50m on double order Chinese state-owned oil group adds to anchor-handler fleet in deal at Jiangmen Hangtong yard
Peace rally sends US markets soaring, as shipping stocks join the ride Dry bulk fared especially well in Tuesday gains after tankers led the way in recent weeks
Norfolk Southern inks Atlanta transload deal with short line operator Norfolk Southern and short line operator Jaguar Transport Holdings, LLC announced an agreement to improve and expand rail freight service in Atlanta's northeast metropolitan region. The deal calls for Jaguar to handle local switching, operate the NS Doraville transload terminal, and invest in targeted infrastructure upgrades to support new freight volumes and first- and last-mile connections for
FAA fines companies $430K for sending unsafe hazmat shipments to airlines The Federal Aviation Administration on Tuesday said it intends to fine three shippers, including Verizon, a combined total of nearly $430,000 for not following rules for shipping hazardous materials by air. Verizon Communications ( NYSE: VZ ) is potentially subject to a $70,500 civil penalty for allegedly tendering three shipments of lithium-ion batteries to FedEx Corp. ( NYSE: FDX ) in May 2024
Teamsters, Amazon reach agreement on penalties for warehouse walkouts The Teamsters and Amazon have reached agreement on how the company will deal with workers who walk off the job as part of any organizing efforts, an outgrowth of an ongoing case before the National Labor Relations Board (NLRB) regarding an action taken by Amazon employees in San Francisco. According to the Teamsters, Amazon had deducted "unpaid time" (UPT) from employees who engaged in any walkou
Indiana's new CDL rule pushes ahead on English proficiency Indiana moved out ahead of other states in restricting CDL ownership based on language proficiency and residency, and the results of that are being implemented beginning Wednesday. Indiana's legislature passed through both houses, later signed by Governor Mike Braun, a bill that would require English proficiency and restrict CDL ownership by existing non-domiciled holders of the permit. That rest
Intermodal rail edges ahead of carloads in flat week Intermodal traffic edge ahead in a down week for commodity freight on U.S. railroads, the Association of American Railroads said. Total U.S. weekly rail traffic for the week ending March 28 was 515,921 carloads and intermodal units, up 0.5% from the same week a year ago. Carload freight totaled 233,833 units, down 0.8%, while intermodal volume came to 282,088 containers and trailers, better by 1.
CEVA snaps up record-setting heavy-haul firm Fagioli CEVA Logistics has completed its acquisition of global heavy-lift and project logistics firm Fagioli Group , a move that expands the company's specialized transport and engineering capabilities, including operations in Houston, Texas. The acquisition, finalized on Tuesday following regulatory approvals, brings Fagioli's heavy transport, lifting and engineered project logistics operations into CEV
Greenbrier, TTX unveil commemorative USA 250th boxcars Railcar builder The Greenbrier Cos. and equipment pool TTX unveiled a quartet of commemorative semiquincentenial boxcars, the first such freight equipment to celebrate the U.S.A.'s 250th anniversary. The companies marked the occasion at an event Tuesday at Greenbrier's maintenance facility in Cleburne, Texas. Company executives were joined at the ceremony by elected officials, active military and
What Are You Doing with Your ELD Data? FreightWaves spoke with Daren Hansen, CTP, CTRE, Sr. Compliance Expert at J. J. Keller & Associates, Inc., about the widening gap between carriers who use their ELDs merely to satisfy a mandate and those who leverage ELD data to run smarter, safer, and more scalable operations. With a wave of enforcement actions already underway and a high-profile inspection blitz on the horizon, Hansen says the
How Carriers Can Prepare for CVSA's International Roadcheck 2026 The Commercial Vehicle Safety Alliance 's annual International Roadcheck is scheduled for May 12-14, and this year's event will zero in on two issues that continue to generate tens of thousands of violations across North America: ELD tampering/falsification and cargo securement. This year, inspectors are going old school. During the 72-hour enforcement window, CVSA-certified inspectors at weigh s
US tariff fight shifts to heavy machinery imported from Mexico Two U.S. senators are urging the Commerce Department to launch a national security, arguing that offshoring production to Mexico is undermining U.S. manufacturing and jobs. In a letter to Commerce Secretary Howard Lutnick, Sens. Tammy Baldwin, (D-Wisconsin), and Bernie Moreno, (R-Ohio), called for a Section 232 investigation into heavy equipment imports, including agricultural implements, constru
A Moldovan broker, Romanian carrier, temporary CDL driver and another fatal truck crash For this story, the broker is the beginning of the chain that ends with a dead man in Beaumont. This is Part Three of a three-part series on Gold Coast logistics and the international network causing chaos on our highways. ArcherHub is incorporated in Colorado. It presents publicly as a Denver-based digital freight broker with a backup fleet of 50 tractors to ensure load coverage when a carrier f
Canada Post gets okay to end home delivery in cost move Canada Post on Monday received government approval to proceed with its turnaround plan outlined last fall, which calls for the elimination of door-to-door residential delivery and other measures designed to put the organization on a path towards financial sustainability. At the government's direction, Canada Post said it will begin consultations with union bargaining units on how to modernize the
Canada's Cargojet plays role in CEO exit at Amazon partner 21 Air Canadian freight airline Cargojet may have used its influence with the owner of 21 Air, a Miami-based contract carrier for DHL Express and Amazon, to release CEO Tim Strauss and install an internal executive, according to industry sources. The situation is complicated by rules governing foreign ownership and control of U.S. airlines. Strauss, 70, and top lieutenants left 21 Air when his contract
2026 Fraud Fighters award nominations are open! FreightWaves is now accepting nominations for the 2026 Fraud Fighters Awards , the industry's premier recognition for companies developing cutting-edge solutions to combat fraud in freight, logistics, and transportation. Winners will be announced at the Freight Fraud Symposium in Cleveland, Ohio, on May 20. With freight fraud escalating into an existential threat-fueled by AI-powered deepfakes, s
Trump mulls Iran exit without re-opening Strait of Hormuz; new attack on tanker The United States could withdraw from the conflict with Iran without re-opening the Strait of Hormuz, as a small flow of vessels continues to make transit through the waterway and a new attack on a tanker was reported by security monitors. Published reports said President Donald Trump was considering withdrawing U.S. military forces from the region within weeks. After allies rejected his calls to
Secretary Duffy prioritizes barriers to entry in trucking The federal government is playing catch-up on a crisis this industry has been screaming about for years. The question isn't whether the crackdown is welcome. The question is whether it goes deep enough to actually fix the broken licensing infrastructure that made all of this possible in the first place. America's highways have become a testing ground for unqualified drivers operating 80,000-pound
This isn't a stickup. It's a system As a kid, I used to watch movies like Goodfellas and The Sopranos . The truck robberies always stood out. The idea of pulling over an 80,000 pound truck in broad daylight, forcing the driver out, and taking the load felt extreme. It did not seem real. It felt like something that only happened in movies. Back then, organized crime looked bold and visible, something you could see unfolding in front
From liquid meth to live pythons, CBP stops smuggling at the border U.S. Customs and Border Protection officers intercepted millions of dollars worth of drugs, wildlife and illegal imports at ports of entry across the country in March, highlighting the continued use of commercial freight shipments and trucks in smuggling operations. The total drug value seized in March was $19.8 million. The largest bust occurred at the Pharr International Bridge in Texas, where
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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