Sedgwick secures Lloyd's Surveyor Agency appointments for Houston and New Orleans Risk and claims administration specialist Sedgwick says that it has secured Lloyd's Surveyor Agency appointments for Houston and New Orleans, strengthening its existing ability to support marine clients at two of the
SCI publishes new domestic and international chaplaincy training resource The Seamen's Church Institute (SCI) has published At the Water's Edge, a new case-study chaplaincy resource by the Rev. Dr. David W. Fleenor, made possible through a grant from the United Thank
ASENAV wins contract to build new Scripps coastal research vessel Valdivia, Chile-based shipbuilder ASENAV reports that it has been awarded the contract to construct a 38-meter Glosten-designed hybrid-electric research vessel. Scheduled for 2028 delivery to the University of California San Diego it
Battleship North Carolina glows red, white and blue for Coast Guard's 235th anniversary The Battleship North Carolina Memorial in Wilmington, N.C., a division of the N.C. Department of Natural and Cultural Resources, will be illuminated in red, white, and blue on the evening of Tuesday,
KR certifies 3D printing repair technology Korean Register (KR) has awarded a manufacturing process certificate to AM Solutions, a South Korean 3D printing solutions company, for its laser wire directed energy deposition (LW-DED)-based additive manufacturing repair technology. This
Rolls-Royce to showcase new marine propulsion systems and services at SMM 2026 At the upcoming SMM 2026 event in Hamburg, Rolls-Royce Power Systems will showcase new technologies for efficient and more sustainable shipping. The focus will be on propulsion systems, sustainable fuels, intelligent automation
Shipping's new clean technologies and the old buying habits holding them back Shipping has a habit it can't seem to shake off: the tendency to buy an energy efficiency technology (EET) based on headline savings results. These figures are based on performance achieved on another vessel under controlled conditions that are unlikely to reflect the buyer's own operating profile, vessel characteristics or real-world conditions. For air lubrication systems (ALS) performance figu
Mitsui E&S raises full-year profit forecast after strong first quarter Mitsui E&S reported higher orders, sales and earnings for the first quarter of its fiscal year ending 31 March 2027, supported by progress across its project backlog. New orders reached ¥105 billion, compared with ¥88.8 billion during the same quarter last year. Net sales increased to ¥91.7 billion from ¥81.2 billion. Operating income rose to ¥10.2 billion from ¥8.9 billion. The operating margin
Alf-Gunnar Karlgren to leave Kalmar Alf-Gunnar Karlgren will step down as President of Kalmar's Counterbalanced division and leave the company to pursue his career elsewhere. Karlgren has also resigned from the Kalmar Leadership Team. However, he will continue to lead the Counterbalanced business until the end of 2026. The transition period aims to maintain business continuity and support an orderly handover to his successor. Kalma
Maersk updates UK import invoicing process Maersk will change its invoicing process for UK imports from 31 August 2026, introducing the default application of Equipment Handling Import charges for selected shipments. The Equipment Handling Import charge will apply to all imports with a Bill of Lading service mode of CY, or Container Yard. This charge covers shipments where customers arrange their own inland transportation. If a customer l
Concentrated Chinese capacity as a factor for East Asia martime trade The World Bank wants the region to double its container capacity by 2040. The harder problem is that nobody knows what the ships will burn or who will pay to find out
ONE expands cargo receiving date pricing to Europe and Africa Ocean Network Express (ONE) will extend its Cargo Receiving Date application to all export shipments originating from Europe and Africa from 1 September 2026. Under the new process, the carrier will calculate freight rates according to the date on which it receives the cargo. This replaces the current method based on the vessel's proforma estimated departure date. ONE said the change will provide
Maersk revises Far East-India and Pakistan surcharge Maersk will revise its Peak Season Surcharge for shipments from Far East Asia to selected ports in India and destinations across Pakistan. The revised surcharge will take effect on 15 August 2026. The origin scope includes China, Japan, Singapore, Malaysia, Indonesia, Vietnam, Cambodia, Laos, Thailand, Myanmar, the Philippines, Brunei, Hong Kong, Taiwan and Timor-Leste. In India, the surcharge wi
Port of New York and New Jersey handles 4.4 million TEUs in first half The Port of New York and New Jersey handled 4.43 million TEUs during the first half of 2026, remaining virtually level with the same period last year. June brought stronger growth as the port moved 769,422 TEUs. This represented an 11.9% increase from June 2025. The port also handled 503,016 loaded TEUs during the month, up 7.6% year on year. This performance made New York and New Jersey the seco
Klaipeda Port nears 700,000 TEUs in first half of 2026 Klaipeda Port handled nearly 700,000 TEUs during the first half of 2026, strengthening its position as the leading port in the Baltic States. Containerised cargo reached 7.2 million tonnes, representing a 12% increase compared with the same period of 2025. The segment remained the port's main driver of growth. The Port Authority attributed the performance to rising maritime transit volumes and th
Hapag-Lloyd suspends feeder connections to Odesa region ports Hapag-Lloyd has announced the temporary suspension of feeder connections to three Ukrainian Black Sea ports due to the worsening security situation in the Odesa region. Feeder operators have stopped vessel calls at Chornomorsk, Odesa and Pivdennyi until further notice. As a result, cargo originally booked for these destinations may be discharged at an alternative port. Any decision will depend on
Adani Ports evaluates potential bid for Associated British Ports Adani Ports and Special Economic Zone (APSEZ) is considering a potential bid for Associated British Ports (ABP), the United Kingdom's largest port operator. According to reports, ABP operates 21 ports across the UK. Its portfolio includes the Hull Container Terminal and the Immingham Container Terminal. Together, ABP's ports handle around one quarter of the UK's seaborne trade. The company is cur
Explainer: Why Saudi Arabia promotes a coalition for the security? Saudi Arabia's proposed Red Sea coalition is the structural inverse of Iran's security belt. It may well build an institution. What it will not build is an open sea lane
HMM lowers capacity target as fleet strategy shifts to smaller vessels HMM has reduced its 2030 container fleet capacity target while increasing the number of vessels it plans to operate, signalling a shift towards a more diversified fleet, according to DynaLiners. The South Korean carrier lowered its capacity target from 1.55 million TEUs to 1.47 million TEUs by 2030. At the same time, HMM increased its planned fleet size from 130 to 166 vessels. The revised strate
Ukrainian drones sink Russian-flag container ship Yanina in Black Sea Ukrainian naval drones have sunk the Russian-flagged container ship Yanina in the Black Sea, according to statements from both Ukraine and Russia. The vessel was reportedly struck by two drones overnight on 1 August while sailing around 130 nautical miles from the Russian port of Novorossiysk. Yanina was operated by Russian logistics company FESCO, which has been controlled by state nuclear corpo
Arkas and Turkon add Safaga to Turkey-India service Arkas Line and Turkon Line have expanded their jointly operated Turkey-Red Sea-India (TRI) service by introducing a new port call at Safaga, Egypt, further strengthening connectivity between the eastern Mediterranean, the Red Sea and the Indian subcontinent, accordig to DynaLiners. The addition of Safaga forms part of the carriers' efforts to enhance regional coverage while offering customers gr
PIL restructures Mozambique and Indian Ocean Islands network Pacific International Lines (PIL) has reorganised its Mozambique and Indian Ocean Islands network by introducing three dedicated services designed to strengthen regional connectivity and improve cargo flows across Southern and East Africa. The revised network separates the carrier's operations into the Mozambique Service (MZS), Indian Ocean Service (IOS) and Indian Ocean Feeder (IOF) , allowing
Readers Speak: Uncertainty becomes shipping's defining feature Uncertainty in shipping has become the defining characteristic of today's maritime industry, according to the latest Readers Speak poll. Readers overwhelmingly agreed that unpredictability is no longer confined to isolated events but has become a central feature of global shipping. While some participants believe uncertainty remains limited to specific regions, the overall result suggests that th
Cosco Shipping Lines and OOCL launch China-Jeddah container service Cosco Shipping Lines and Orient Overseas Container Line (OOCL) have launched a new China-Jeddah (CJX) service, strengthening direct container shipping connections between China and Saudi Arabia, according to DynaLiners. The new service expands both carriers' presence in the Middle East while providing customers with additional capacity on one of the region's fastest-growing trade corridors. Saudi
MSC combines West Africa and Red Sea services Mediterranean Shipping Company (MSC) has combined its West Mediterranean-West Africa and West Mediterranean-Red Sea services into a single network, creating a broader rotation linking Europe, West Africa and the Red Sea. The revised service is designed to optimise vessel deployment while maintaining direct connections across several key regional markets. By integrating the two services, MSC aims
Ditas doubles down on suezmaxes with Samsung brace Turkish tanker owner Ditas has been linked to a second suezmax newbuilding deal in a week, taking its South Korean orderbook to four ships worth more than $370m. Samsung Heavy Industries disclosed on Monday that it had signed a KRW268bn ($188m) contract with an unnamed European owner for two crude oil tankers. The ships are ...
Costamare Bulkers offloads its oldest ship New York-listed Greek owner Costamare Bulkers has agreed to sell the oldest vessel in its owned fleet as it continues to clear out ageing tonnage. The Gregory Zikos-led company is offloading the 2009-built supramax Bermondi, with delivery to its new owner expected during the third quarter. The buyer and financial terms were not disclosed, but ...
BP exit puts fresh pressure on UK over Jackdaw and Rosebank Aberdeen & Grampian Chamber of Commerce (AGCC) has urged ministers to deliver swift approvals for the Jackdaw and Rosebank developments, warning that the UK's energy industry cannot afford further uncertainty following BP's decision to sell its North Sea business. The chamber sent a consultation response to the Offshore Petroleum Regulator for Environment & Decommissioning (OPRED) ...
Navigator Amon seals financing for ammonia carrier newbuilds New York-listed Navigator Gas has secured $121.8m in financing for two ammonia-fuelled gas carrier newbuilds being developed with Norway's Amon Maritime. The funding covers up to around 70% of the pair's combined $168m contract price. The two 51,530 cu m ships are under construction at Nantong CIMC Sinopacific Offshore & Engineering in China, with deliveries ...
North Star secures $370m to fuel offshore wind fleet growth UK-based offshore vessel operator North Star has lined up £275m ($370m) of new debt financing to back the next phase of expansion in its offshore wind fleet across the UK and Europe. The package adds to existing commitments, widens the lender group, and improves overall financing terms. New participants in the lending syndicate include Rabobank, ...
Tanker asset values stay red hot Tanker asset values remain red hot as sale and purchase activity accelerates heading into August. Brokers are reporting renewed momentum in the tanker sale and purchase market, with deals emerging across the size spectrum as tanker values continue to hold at exceptionally strong levels. Japan's Nisshin Shipping has reportedly sold the 19,900 dwt stainless steel ...
India commits $8.8bn to boost offshore oil and gas India has approved an investment programme worth up to 840.84bn rupees ($8.8bn) to accelerate offshore oil and gas exploration over the next five years. The National Offshore Exploration Scheme will run until the end of the 2030-31 financial year and is expected to speed up the addition of more than 600m tonnes of discoverable oil ...
MACS launches plastic procurement toolkit for shipping The Maritime Association for Clean Seas (MACS) has launched a set of procurement guides aimed at helping shipping companies cut unnecessary plastic use before it enters vessel operations. Developed by MACS' Sustainable Plastic Procurement Working Group, the toolkit is intended to give owners, managers, suppliers and ports a more consistent approach to reducing plastics in ...
Himalaya shifts newcastlemax pair onto fixed hire Tor Olav Trøim-backed Himalaya Shipping has switched two of its newcastlemax bulkers from index-linked employment to fixed-rate charters averaging $51,200 per day. The five-month cover runs from August 1 through to the end of 2026 and is worth about $15.7m in gross hire across the two ships. Both vessels will continue to earn scrubber benefits ...
Aspo charts standalone future for ESL Shipping Finnish dry bulk operator ESL Shipping is being lined up for a standalone listing on Nasdaq Helsinki after parent Aspo approved a partial demerger plan. Under the proposal, Aspo's 78.6% stake in ESL Shipping and the related assets and liabilities will be transferred to a newly formed company named ESL Shipping Group. Aspo shareholders will ...
Tankers face fresh Hormuz threats Merchant shipping remains exposed across the Middle East's two principal maritime chokepoints, with fresh threats and explosions reported in the Strait of Hormuz even as Washington claims another round of peace negotiations with Iran is getting underway. The latest incidents follow the reported attack on the Bermuda-flagged LNG carrier GasLog Shanghai off Oman overnight into ...
203,881 teu in one day: Shanghai rewrites port records Shanghai has pushed its daily container throughput above 200,000 teu for the first time, setting another handling record at the world's busiest boxport. The port moved 203,881 teu on August 1, nearly 9% above the previous record of 187,312 teu set on June 9. One operating shift accounted for a record 71,728 teu. To put ...
Ukraine sinks FESCO boxship Ukraine has widened its campaign against Russia-linked commercial shipping, sinking a FESCO containership, striking a Greek-owned tanker and hitting three refineries nearly 1,600 km inside Russia. President Volodymyr Zelenskyy said Ukrainian forces struck the 962 teu, Russian-flagged Yanina, a 2005-built vessel operated by FESCO, overnight on July 31 and August 1. Two uncrewed surface vessels ...
Italian navy boards sanctioned tanker off Sicily An Italian-led European Union naval mission has boarded a sanctioned tanker linked to Russia's shadow fleet in international waters west of Sicily, the second such operation in less than two weeks. The Cameroon-flagged Toa Payoh was intercepted on Sunday west of Pantelleria while sailing from Cotonou, Benin, to Istanbul, according to Italy's defence ministry. The ...
Carriers accelerate shift towards owned tonnage Containerlines have sharply increased their reliance on owned ships during the 2020s, reducing their exposure to a charter market repeatedly constrained by limited vessel availability. According to Sea-Intelligence, global carriers owned 63% of their operated capacity at the latest count, up from 43% in January 2020. Mediterranean Shipping Co (MSC), HMM and Wan Hai have ...
Futility is the enemy of everything at sea Seafarers are losing faith in an industry that imposes ever more training, technology and compliance while leaving their physical safety largely to chance. Steven Jones, founder of the Seafarers Happiness Index, reports. When you ask seafarers how they feel, one thing that emerges is the sheer spread and depth of the different emotions. Increasingly, one ...
Tanker boom of 2026, now second-best in history, shows no signs of abating Today's tanker market doesn't yet deserve the 'best ever' moniker but it's making a run for it. The 2000s supercycle...
The Daily View: See you in court
NYK seeks to take control of bulker operator NS United Kaiun The Japanese giant will launch a tender offer for the shares it does not already own before NS United Kaiun...
Renewed Houthi attacks will spark contract disputes over Cape of Good Hope rerouting costs It pays to know the difference between acts of an armed Islamist faction and acts of God
Sanctioned tanker boarded by EU Naval Force Documents provided by the tanker confirming its identity and nationality are being inspected by Italian forces, its defence ministry confirmed
Costamare Bulkers posts profits as it derisks dry bulk trading portfolio Improved results follow transfer of legacy trading positions to Cargill
The week in newbuildings: Combined 51 new ships ordered across main shipping sectors Chinese shipyards continue to pick up the majority of orders while shipowners are increasingly ordering alternative-fuel-ready tonnage
Five dead in Indonesian ferry fire Vessels in the area pulled hundreds of passengers out of the water, who had jumped overboard to avoid the flames...
Middle East port update: Monday, 3 August Shuwaikh and Shuaiba ports in Kuwait are at ISPS Level 2
The Week in Charts: Container carriers hold Red Sea line despite Houthi blockade | Tanker stocks up double digits during a month of geopolitical chaos Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Hormuz attacks continue as Trump claims more talks to start with Iran One ship was struck by a projectile while transiting the Strait of Hormuz through the southern, Oman-controlled traffic route
Daily Briefing Tankers signal oil majors in AIS messages to avoid Ukrainian drone attacks | Saudi Arabia's Red Sea security coalition risks...
HMM investing $135 million in Washington United Terminals to boost capacity 50% The modernization project is meant to enhance the competitive position of Seattle-Tacoma among other ports along the West Coast of North America that have outperformed the NWSA this year.
Shippers saved record on intermodal in Q2 amid truckload rate hikes Railroads hauled a record number of domestic containers in the second quarter as shippers banked some of the largest savings against truckload in the history of the Journal of Commerce's Intermodal Savings Index.
Rhine water levels near record lows threaten inland cargo movement With Europe gripped by a blistering heatwave, operators on the crucial waterway warn the river may soon be impassable for cargo-laden barges.
US breakbulk ports avoid congestion, for now, as market uncertainties loom Unpredictability in global project cargo routines has put US breakbulk ports under pressure, but has not yet led to congestion.
Carriers, forwarders pile in to Africa trade as demand surges But the growth is overwhelming the port and inland logistics infrastructure needed to support it as enormous volumes from Asia flood the continent.
Shipping Corp of India launches tender for dual-fuel neo-panamax container ships State-owned company to offer Indian yards offered 'right of first refusal' for boxship sextet
Yangzijiang unmasked as Scorpio's partner in eight VLCC newbuildings Ren Yuanlin revealed as the 'gentleman' Emanuele Lauro has teamed up with on newbuilding play
Matson scores profit surprise thanks to China momentum and transpacific tightness Hawaii container liner operator sees China service rising to or near capacity
DryDel seals five-year time charters for capesize newbuilding quartet A familiar Japanese name has agreed to terms on fixtures with hybrid reward structures
Will Donald Trump extend his historically long waiver of the Jones Act? Shipping sector protected by domestic shipping law are closely watching Washington DC
Middle East war impact on bunker supplies sees ethanol fuel price reach par with diesel Middle East conflict reveals price sensitivity and relative affordability of green fuel
Contships Logistics profit holds firm despite smaller fleet Strong charter market cushions revenue dip from vessel sales
Andi Case: Clarksons looking at 'numerous transactions' with growth ambitions in every area Chief executive explains how world's largest shipbroker plans to continue using its financial power to fund purchases
Brokers split on VLCC price rises after Adnoc L&S secondhand market raid Abu Dhabi-backed owner said to have paid a premium, prompting the question: is it the only owner willing to pay up?
'Acute shock to chronic strain': Shore leave cuts add to seafarer woes as happiness index falls further Industry index suggests that war is highlighting existing issues facing crew on the growing global fleet
Suezmax rates hold steady as ships ballast to the Atlantic Ongoing geopolitical problems in the Middle East and Black Sea pipeline attacks are putting a slight drag on freight markets
'We still have the door open for a sale', says ESL Shipping Parent of Finnish bulker owner says company could yet be sold if a better prospect comes along
New midship section rolled out for Golar LNG's first Mark II FLNG conversion China's Yantai CIMC Raffles Offshore celebrates a milestone in floating LNG
Costamare Bulkers eyes growth with $110m cash pile as it books profitable second quarter New York-listed owner sells supramax as Cargill deal continues to pay off
Why Asia's sea lanes matter more than ever to Greece Exclusive comments shed new light on Athens' ReCAAP accession
HFW hires new partner from rival Reed Smith to bolster Singapore office Glover rejoins HFW having previously worked for the firm in the past
Ditas to triple suezmax tanker fleet with second newbuilding order in a week Company is being linked to an order for two 158,000-dwt crude carriers at Samsung Heavy Industries
ESL Shipping set for Helsinki listing after Aspo spin-off Finnish dry bulk carrier set for a standalone listing following partial demerger
Himalaya Shipping positions for strongest season by converting charters to fixed rates Two vessels have been switched from floating rates
Dynacom and SCI tankers pass through Houthi-threatened chokepoint with AIS off Tankers transited the Bab el-Mandeb strait over the weekend
Sanctioned tanker boarded in the Mediterranean in EU naval force raid Cameroon-flagged product carrier continues eastbound journey, sailing close to the Libyan shore
Photos show damage to GasLog LNG carriers struck in Strait of Hormuz and Egypt attacks Eyewitnesses in Damietta give accounts of drone strike on FSRU and LNG vessel
Fresh hope of end to US-Iran conflict as Trump calls off strikes Arab allies lean on US president to allow time for talks, as Iran and Oman inch towards Hormuz passage agreement
CMB.Tech banks eye-watering profit from secondhand VLCC sale Capital gain exceeds half the gross sale price of 10-year-old crude carrier
Clarksons books record first-half profit as politics and purchases boost bottom line Results reflect investments in the business and wider market volatility, chief executive Andi Case says
Japan P&I eyes Greek expansion as it fights big rivals on home turf Major mutuals eye the high-quality tonnage on the books of one of the smaller members of the International Group
NYK moves to take control of NS United Kaiun in $1bn dry bulk expansion play NYK is paying about $1bn to lift its stake to 83.33%, from 18.5%, taking full control
MISC orders LNG carrier against 10-year charter to supply gas to major Japanese city Malaysian gas shipping giant has ordered the newbuild at China's Hudong-Zhonghua
Greek bulker arrested as Piraeus Bank chases owner for mortgage payments Greek bank has lodged a hefty mortgage claim against two ships that trade in Kyla Shipping's fleet
Five dead and scores missing after Indonesian ferry goes up in flames Fire broke out on the Mutiara Sentosa 2 on Sunday while it was on a voyage from Surabaya to Makassar
Singapore company and director charged with providing flag services to UN-sanctioned vessel The small general cargo ship Petrel 8 was sanctioned by the United Nations in 2017 for transporting illicit coal to North Korea
Houthis deny plans for chokepoint toll Rebel groups ask shipowners to report fraudulent attempts to secure money in its name
Greek bulker arrested by Piraeus Bank in Singapore Greek bank has lodged a hefty mortgage claim against two ships that trade in Kyla Shipping's fleet
July's 55.6% PMI highest in 4 years; LTL carriers getting bullish July's manufacturing data showed a stronger-than-expected push into expansion territory. A survey of manufacturing supply executives returned a 55.6 reading for the month, 2.3 percentage points above June and the highest reading since May 2022. New orders increased, inventories remained "too low" and manufacturing employment turned positive for the first time in 33 months. A reading above 50 for
Atlas Air finalizes Air Atlanta investment Atlas Air Worldwide Holdings has completed its transaction to take a 49% stake in Iceland-based Air Atlanta, the all-cargo carrier and lessor announced on Monday. As part of the deal, Atlas Air Worldwide subsidiary Titan Aviation acquired the 14 widebody freighter aircraft owned by Air Atlanta group of companies and leased them back to Air Atlanta, which will continue to operate the aircraft. Air
STG drayage drivers to get cash in NJ misclassification case Drayage drivers who hauled for STG Logistics in New Jersey may be eligible for a piece of a more than $2.2 million payout by the company following the resolution of a legal case over driver misclassification. That payout is a fraction of the total value of the settlement, much of which will disappear into STG's chapter 11 recently-concluded bankruptcy action. And the fact that such a large settle
$4M worth of cocaine found in Texas commercial truck El Paso County investigators seized nearly 120 kilograms of cocaine from a commercial tractor-trailer during a targeted interdiction operation. Detectives also recovered $7,000 in cash and confiscated the truck. Authorities estimate the cocaine carried a street value of about $4 million. Officials continue investigating the suspected trafficking operation. The El Paso County Sheriff's Office anno
Australia military base gets mobile post office during war games Australia Post said Monday it opened its first mobile post office and parcel lockers on the Royal Australian Air Force base in Darwin, giving military personnel access to essential mail and parcel services during a three-week multinational air combat exercise involving troops from Australia and 21 allied and partner nations, including the United States. The dedicated Parcel Hub gives Australian a
Truck enforcement sweeps hit 32 drivers, 45 vehicles across US Recent commercial vehicle enforcement operations across eight states placed at least 32 truck drivers and 45 commercial vehicles out of service, underscoring continued nationwide scrutiny of licensing, maintenance and cargo safety. Operations in Arizona, Colorado, Massachusetts, Missouri, Rhode Island, Texas and Wyoming resulted in citations, arrests and more than $16,000 in fines. Joint Massachu
Is Lufthansa giving up on its Airbus A321 cargo fleet? Lufthansa Cargo insists it will soon resume commercial service with its four Airbus A321 converted freighters that were grounded nearly four months ago, but all signs suggest the carrier has given up on the narrowbody jets and is looking to unload them. The cargo subsidiary of Lufthansa Group ( XETRA: LHA ) is ready to abandon the narrowbody A321 jets after less than four years, because they have
Louisiana bribery scheme gave 124 people CDLs without training or tests Federal prosecutors say a Louisiana bribery scheme helped at least 124 people fraudulently obtain commercial driver's licenses they did not earn. Three defendants pleaded guilty July 29 for participating in the operation. The conduct stretched from August 2020 through February 2024. Each defendant pleaded guilty to bribery concerning programs receiving federal funds. Mahmoud Alhattab, a local res
Florida Lottery: USPS worker accused of stealing winning ticket faces 6 charges A Florida Lottery player mailed a winning Pick 4 ticket to its intended destination. The $2,600 prize never arrived. Instead, investigators traced the entry to the Florida Lottery's Miami District Office. Authorities accuse a USPS letter carrier of redeeming it herself. Florida Lottery Special Agents arrested Lekaysha Lockhart on July 23. The agency worked with investigators from the USPS Office
Sugar strike that prompted ports shutdown ends, longshore union returns to negotiations After 42 days on the picket line, union warehouse workers at C&H Sugar's Crockett, California refinery have returned to work under a 60-day extension of contract negotiations. The pause in the strike that triggered a brief sympathy walkout at three California ports - International Longshore and Warehouse Union Local 6's first walkout at the plant in nearly a century - comes as the sides return to
Reindeer bets Enterprise AI's next battle isn't the model CHICAGO - The market for enterprise AI agents is not being won on model quality anymore, according to Yoav Naveh, founder and CEO of Reindeer, and that shift is reordering where startups plant their competitive bets. Speaking with FreightWaves at the Supply Chain AI Symposium in Chicago, Naveh laid out a picture of an industry that has burned through two waves of adoption without unlocking the re
How ArcBest Defied Expectations with Stellar Q2 Performance Summary View Transcript ArcBest's Q2 earnings reveal a significant 650 basis point improvement in its asset-based division. CEO Seth Runser unpacks how the company achieved these impressive numbers, sharing insights into market demand signals and their integrated logistics strategy. Discover how ArcBest leverages its 100+ year legacy, brand consolidation, and new digital platform to thrive amidst
Freight Market Update: 5 Signals Capacity Is Tight Summary View Transcript Freight market update: 5 pillars explaining why capacity is tight and rates are holding up. Backed by SONAR data and Q2 carrier earnings, this breaks down tender rejections, spot rates, steady demand, dedicated capacity shifts and why driver recruiting is getting tougher. If you want the real takeaway fast: this looks more supply-driven than demand-driven. Public carriers
C.H. Robinson: Nuclear Verdict's Existential Threat to Brokers Summary View Transcript The C.H. Robinson earnings call was overshadowed by the massive $600M nuclear verdict. FreightWaves' John Kingston and Max Fuller dive into the lawsuit's implications, from rising insurance costs to the redefinition of independent contractor status. Is this an existential threat to the brokerage business model as we know it? C.H. Robinson's CEO Dave Bozeman addressed the D
Nuclear Verdicts: $86M awarded despite NO negligence? [Trucking Crisis] Summary View Transcript Trucking leaders David Parker (Covenant Logistics) and Max Fuller (U.S. Xpress) unpack the state of the freight market, from the driver shortage to nuclear verdicts. Discover why market stability and tort reform are crucial for carrier survival and what's driving the "supercycle" in this candid discussion. A Utah jury awarded an $86 million nuclear verdict against QXO - fo
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