Finnish icebreaker Nordica chartered in to operate in Canadian waters Inuit-led Qikiqtaaluk Horizon Arctic Services (QHAS) reports today that it will deliver the polar class icebreaker Nordica to operate in Canadian Arctic waters for the upcoming season, supporting increased maritime capability and
Accurate Industrial Controls takes India into the marine autonomy market Pune, India-based marine autonomy specialist Accurate Industrial Controls has unveiled a newly-built 13-meter patrol boat that could take India a significant step into the global marine autonomy market. The vessel, built at
SCI to name Rev. Charles Uhlik Upper Mississippi Chaplain The Seamen's Church Institute (SCI) has appointed the Rev. Charles Uhlik as chaplain for its Ministry on the River program serving the Upper Mississippi River region. Based in St. Louis, he will
Carnival Cruise Line pilots Jotun Hull Skater on Carnival Pride In a cruise industry first, Miami-headquartered Carnival Cruise Line (CCL) has signed an agreement to implement Jotun's robotic, proactive Hull Skating Solution (HSS) hull cleaning technology on Carnival Pride. First introduced in
Tidewater: Second quarter "nicely above expectations" Houston-headquartered offshore services giant Tidewater Inc. (NYSE:TDW) has reported second quarter numbers that President and CEO Quintin Kneen said "came in nicely above our expectations, driven by both revenue outperformance and lower-than-expected
CMA CGM names 15,000 TEU methanol-powered vessel CMA CGM has officially named CMA CGM ROI ARTHUR, a new methanol-powered container ship with a capacity of 15,000 TEUs. The vessel will join the French carrier's REX2 service as part of its new generation of ships designed to support the decarbonisation of maritime transport. Methanol propulsion supports fleet transition CMA CGM said the use of methanol will help reduce atmospheric emissions and s
Danaos reports second-quarter and half-year results Danaos Corporation has announced its financial results for the second quarter and first half of 2026. Operating revenue reached US$274.4 million during the three months ended 30 June 2026. This compared with US$262.2 million in the same period last year. Net income increased to US$151.8 million, or US$8.32 per diluted share, from US$130.9 million, or US$7.12 per diluted share. Adjusted net income
Wallenius SOL acquires two Wagenborg Ro-Ro vessels Wallenius SOL has agreed to acquire the Ro-Ro vessels Bothniaborg and Balticborg from Royal Wagenborg. The transaction also includes the transfer of Wagenborg's long-term Contract of Affreightment with Smurfit Westrock. Financial terms were not disclosed. The agreement will expand Wallenius SOL's fleet and strengthen its shipping network between the Bay of Bothnia and continental Europe. Acquisit
DEKRA approves Hai An container examination programme Hai An Container Transport Company Limited has received DEKRA approval for its Approved Continuous Examination Programme. The approval confirms that Hai An's programme complies with the International Convention for Safe Containers of 1972. Hai An Container Transport is a subsidiary of Vietnam-based Hai An Transport and Stevedoring Joint Stock Company. ACEP supports continuous container inspection
Maersk revises Dragon service proforma Maersk has announced changes to the Dragon service proforma within its Asia-Oceania network. The revised schedule will take effect with ONE SAN DIEGO voyage 634S. The vessel is scheduled to depart Qingdao on 21 August 2026 and arrive in Sydney on 15 September 2026. The adjustments follow the launch of the dedicated Qilin service, which connects Shanghai with Sydney and Melbourne. Shanghai removed
SITC Logistics reviews freight forwarding strategy SITC Logistics held its first-half freight forwarding review meeting in Qingdao on 27 July 2026. The meeting assessed the company's freight forwarding performance during the first six months of the year. Participants also discussed business priorities for the next stage of development. Attendees included Xue Mingyuan, CEO of SITC; Liu Kecheng, General Manager of the Finance Centre; Lai Zhiyong, P
Matson reports second-quarter 2026 results Matson has announced its financial results for the second quarter ended 30 June 2026. The US carrier reported net income of US$129.4 million, or US$4.27 per diluted share. This compared with US$94.7 million, or US$2.92 per diluted share, in the same quarter last year. Consolidated revenue increased to US$969.4 million from US$830.5 million. "Matson had a strong second quarter with momentum in our
K Line reports first-quarter FY2026 results Kawasaki Kisen Kaisha (K Line) has announced its unaudited financial results for the first quarter of FY2026, covering the three months ended 30 June 2026. Operating revenue increased by 17.1% to ¥286.842 billion from ¥244.918 billion in the same period last year. Operating income declined by 1.3% to ¥19.581 billion from ¥19.842 billion. Ordinary income rose by 10.9% to ¥24.046 billion, compared
Mabux: Middle East tensions drive sharp rise in global bunker prices The global bunker market in July was shaped primarily by geopolitical developments, crude price volatility, regional supply dynamics and logistics constraints. The key market drivers included: - Middle East geopolitical tensions: Ongoing uncertainty surrounding the Strait of Hormuz and Red Sea continued to underpin market sentiment, sustaining geopolitical risk premiums across crude oil, marine f
ICTSI reports first-half 2026 financial results International Container Terminal Services, Inc. (ICTSI) has announced its unaudited financial results for the first half of 2026. Revenue from port operations increased by 27% to US$1.92 billion from US$1.51 billion in the same period last year. Earnings before interest, taxes, depreciation and amortisation rose by 24% to US$1.23 billion from US$990.54 million. Net income attributable to equity h
Contships Logistics reports second-quarter and half-year results Contships Logistics has announced its financial results for the second quarter and six months ended 30 June 2026. The container feeder shipowner generated revenue of US$84.9 million and a profit of US$20.3 million during the first half of the year. Cash generated by vessel operations reached US$39.2 million. The fleet achieved operational utilisation of 98%, while the average daily time charter r
Yang Ming eyes owned container fleet of 60% to overcome "shortage" Yang Ming has ordered 11,850 containers from Dong Fang International Container, intending to increase its proportion of owned containers to 60%. The Taiwanese shipping line is spending between US$30.5 million and US$40.5 million on the containers
ONE announces Q1 FY2026 financial results Ocean Network Express (ONE) has announced its financial results for the first quarter of FY2026, covering the period from 1 April to 30 June 2026. The container carrier generated revenue of US$4.539 billion and recorded a net profit of US$31 million during the quarter. Revenue increased from US$4.049 billion in the same period last year. However, net profit declined from US$86 million as higher f
Tokyo and Paris MOUs launch cargo securing inspection campaign The Tokyo MOU and Paris MoU will conduct a joint Concentrated Inspection Campaign focused on the securing of cargo units and cargo transport units. The campaign will run from 1 September to 30 November 2026. Its purpose is to collect information about compliance with current requirements under the International Convention for the Safety of Life at Sea (SOLAS). The inspections will examine how shi
Argentina's shipping momentum was not the momentum that was promised A year on, the reforms behind Argentina's shipping optimism have delivered concrete results, but the trade-surplus story that framed them has moderated sharply, and a new external variable now matters more than either
Danaos takes delivery of M/V Santorini Express Danaos has taken delivery of M/V Santorini Express, the latest vessel to join the company's fleet. The delivery forms part of Danaos' ongoing investment in modern, efficient and more sustainable vessels. According to the company, the fleet expansion will strengthen its ability to provide reliable services to customers across global trade routes. Santorini Express joins Danaos fleet Danaos thanked
Hellenic Chamber of Shipping and ELIME sign cooperation memorandum The Hellenic Chamber of Shipping and the Hellenic Ports Association (ELIME) signed a memorandum of cooperation on 22 July 2026. The agreement aims to strengthen ties between Greece's shipping community and its ports. It will also support joint initiatives in innovation, competitiveness and sustainable development. George Alexandratos, President of the Hellenic Chamber of Shipping, and Panagiotis
HMM backs major capacity expansion at Tacoma terminal HMM is investing in a major modernisation programme at Washington United Terminals in Tacoma Harbor, increasing the facility's annual container capacity by nearly 50%. The project will raise the terminal's cargo-handling capacity from approximately 590,000 TEUs to 880,000 TEUs per year. It will also improve cargo flows and prepare the facility to handle larger container ships. The investment stre
Japan's first WinGD methanol dual-fuel engine passes factory test Mitsui E&S Group has completed the factory acceptance test of what it describes as Japan's first WinGD large marine engine capable of operating on methanol and conventional fuel. Mitsui E&S DU, a group company of Mitsui E&S, manufactured the DU-WinGD 6X82DF-M-1.0 LP-SCR engine. The unit is also the first WinGD large marine engine produced at the Mitsui E&S Tamano Works. Engine destined for four-v
Torm tied to MR newbuild series in China Danish product tanker giant Torm has been linked to an order for up to eight MR newbuildings at China's Zhoushan Changhong International Shipyard. Shipbroking sources are reporting a deal covering six firm 50,000 dwt tankers and options for another two, priced at about $46m each. The firm ships would be worth a combined $276m, rising ...
Minerva adds to boxship newbuild series Greek owner Minerva Dry has returned to China's Hengli Heavy Industries for another series of containership newbuildings, adding to a rapidly growing boxship orderbook. The Andreas Martinos-led company has booked a batch of Hengli's in-house-designed 3,100 teu vessels, according to an August 2 update from the Chinese shipbuilding group covering contracts secured during July. Hengli ...
Arcadia expands newbuild programme with Hengli LR2 trio Greek tanker owner Arcadia Shipmanagement has added three aframax/LR2 newbuildings at China's Hengli Heavy Industries, taking its tanker orderbook to nine ships. The Panagiotis and George Angelopoulos-led company has signed for three 114,000 dwt vessels scheduled for delivery in 2028. Arcadia has listed the ships on its website, but pricing and technical specifications have not ...
Crewmember missing after bulker struck in Hormuz A seafarer is reported missing after a Greek-operated bulk carrier was struck by an unidentified projectile while sailing northbound through the Strait of Hormuz, the latest merchant ship casualty in waters off Oman. The Liberian-flagged Minoan Pioneer was hit at around 2200 UTC on Monday approximately 20 nautical miles northeast of Khasab, according to maritime ...
Three seriously injured as drone strikes Turkish roro off Novorossiysk Three seafarers have been seriously injured after the Turkish-owned roro Nadezhda was struck by a drone close to Russia's Black Sea port of Novorossiysk, the latest merchant ship casualty in an increasingly lethal theatre for crews. The Cameroon-flagged vessel was around 20 nautical miles from Novorossiysk on Monday, sailing for Samsun, when it came under ...
Shipping Corp of India opens bidding for six LNG-ready boxships State-owned Shipping Corporation of India (SCI) has launched a global tender for up to six 8,000 teu containerships in a programme worth an estimated $720m as New Delhi steps up efforts to rebuild a national liner fleet. The tender covers two firm vessels and options for a further four, with bids due by August 31 ...
DryDel secures five-year K Line cover for capesize newbuilds Greek owner DryDel Shipping has secured long-term employment for all four of its capesize newbuildings, fixing the vessels to Japan's K Line years before they are due for delivery. The 182,000 dwt quartet, under construction at Namura Shipbuilding, will enter five-year time charters with the Japanese shipping group upon delivery. Two ships are scheduled to ...
MSC sues CargoLoop over electric vehicle fire Mediterranean Shipping Co (MSC) is suing US vehicle logistics specialist CargoLoop for around $273,000 after alleging that improperly secured electric vehicles caused an onboard fire during a voyage from California to Lithuania. The dispute centres on two containers supplied by CargoLoop and loaded with used, previously damaged battery-powered vehicles aboard the MSC Carlotta in August ...
Zodiac Maritime lands record price in first capesize sale of the year Eyal Ofer's Zodiac Maritime has completed its first capesize disposal of the year, with brokers telling Splash the company has secured a record price for a vintage vessel. No taker has been linked to the deal. The London-based owner has reportedly sold the scrubber-fitted 180,300 dwt Cape Condor, built in 2010 at Japan's Koyo Dockyard, ...
Are we optimising freight rates instead of supply chains? Dr Raymon Krishnan, president of Singapore's Logistics & Supply Chain Management Society, writes for Splash today. The logistics industry has always evolved in response to disruption. Whether it was globalisation, digitalisation or the unprecedented shocks of the covid pandemic, every major event has forced supply chains to rethink how they operate. One of the most ...
Liberia defends its anti-NZF stance as countries argue over green fine print Liberia has renewed attacks on the Net-Zero Framework, while in the background a more substantive debate builds over how a...
Black Sea now the 'most dangerous commercial shipping environment in the world' The Black Sea conflict has entered a more dangerous phase for commercial shipping, as escalating strikes on merchant vessels, tankers...
Hellenic Hull forms Accredited Insurance partnership Hellenic Hull will underwrite hull and machinery, ancillary marine risks and marine cargo on behalf of Accredited
China's crude imports recover from 10-year low but Middle East uncertainty lingers Middle East cargo arrivals lifted China's July crude imports from June's decade low, but renewed disruption risks are pushing buyers...
Capesize bulkers boost profits for boxship owner Danaos Greece-based owner is adding to its bulker segment but containers remain core business
Boxship charter rates continue to rise as 2026 availability remains critically limited Major carriers are locking in capacity well ahead of delivery with Ocean Network Express fixing a trio of 8,000 teu...
Middle East port update: Tuesday, August 4 Ruwais and Abu Dhabi petroleum ports are operational. Ruwais PPA (ISPS Level 2) and Abu Dhabi Ports (ISPS Level 1)
Greek bulker hit in Strait of Hormuz The attack resulted in an electrical blackout on board, with one crewmember missing as a result
Vafias extends tanker orderbook by inking pair of MR2s Greek owner shows faith in tanker markets with $1.35bn worth of new constructions, despite concerns about overordering
Daily Briefing Tanker boom of 2026, now second-best in history, shows no signs of abating | Renewed Houthi attacks will spark contract...
Shipper truckload spending, spot rates rising faster in western US Spot truckload rates dropped seasonally from week to week in July, but they remain elevated, with the highest rates and shipper spending on the West Coast, data shows.
Matson expects strong US demand for China exports through Q3 The US-based carrier said momentum in the trans-Pacific market was strong during the second quarter and expects the trend to continue until October.
Jeddah congestion due to hefty volumes sparks carrier surcharges, booking curbs An influx of additional cargo volumes as carriers seek to avoid hostilities in the Persian Gulf has gridlocked Saudi Arabia's port of Jeddah, a critical gateway on the Red Sea.
ONE triples full-year profit forecast after robust fiscal Q1 It is shaping up to be a profitable year for the ocean carrier's new CEO Till Ole Barrelet, who took over the top job from Jeremy Nixon on July 1.
Okeanis Eco Tankers crushes earnings estimates and guides to big third quarter Owner of VLCCs and suezmaxes hands out massive $5.25-per-share dividend
'Deeply worrisome': India raises alarm after projectile sinks cargo vessel off Yemen All 14 crew members rescued by Yemen's coastguard
Ardmore says immediate tanker efficiency gains trump search for 'silver bullet' Bosses at Irish owner look behind the headline fuel-reduction figure
MOL hikes profit forecast as shipping markets rise Japanese giant boosts its projection by over 50%
Greek and Chinese owners land premium rates as carriers chase future capacity Liner operators snapping up vessels up to two years ahead of delivery
Turkish shipping pioneer Asaf Guneri dies in Greece aged 80 The head of Zihni Holdings helped develop large-scale, oceangoing bulker owning in his home country
Iran believes pressure campaign will get US to capitulate - and could raise fuel prices Marine gasoil prices could shoot up amid a refined product supply squeeze
Navigator Amon clinches $122m loan for two ammonia-fuelled LPG carriers Facility will fund up to 70% of the newbuildings costs
'We still have the door open for a sale,' says ESL Shipping parent Parent of Finnish bulker owner says company could still be sold if it offers better value than the planned demerger
Torm breaks eight-year newbuilding drought with $370m tanker order in China Danish tanker company is said to have paid $46m per ship
Golar FLNG unit leaves Cameroon for Singapore upgrade stopover World's first LNG floater is due on site in Argentina by mid-2027 to start a 20-year charter
Vernicos brothers venture Nautilus clinches first tanker newbuildings Athens-based company signs up MR product carrier tonnage in China
ShipIn banks $52m from investors to speed work on integrated AI platform Boston-based operation has a new board member after latest financing round
Cido Shipping puts second suezmax newbuilding into Tankers International pool Addition comes just a few months after the Japanese owner joined the system
Tysers taps shipping insider for Asia claims push Former Sealead and CMA CGM legal executive joins broker as regional marine claims ambitions gather pace
Greek shipping man reveals epic marine logistics behind Hollywood blockbuster Odyssey Greek mariner Dimitrios Kokkinis coordinated ships, replicas and customs clearances across Europe to get Christopher Nolan's $250m Odyssey adaptation to sea
Greek owner Minerva adds to container ship orderbook with extra Hengli newbuildings Andreas Martinos has now at least 15 boxships under construction in China
Ocean Network Express triples profit forecast as freight rates rebound Japanese liner giant has sharply upgraded earnings guidance and reversed expectations of a first-half loss
CK Line goes big with record 6,400-teu container ship order in China South Korean company orders up to four newbuildings costing more than $320m in total
Samsung Heavy takes floating data centres beyond the drawing board South Korean shipbuilder reaches milestone in its emerging offshore AI infrastructure push
Greek broker reveals epic marine logistics behind Odyssey blockbuster Greek mariner Dimitrios Kokkinis coordinated ships, replicas and customs clearances across Europe to get Christopher Nolan's $250m Odyssey adaptation to sea
Japan's Iino Kaiun ramps up profit forecast after bumper first quarter Shipowner says Hormuz closure led to significantly higher tonne-miles for its fleet
Bulker on fire off Oman as Iran dismisses new talks claim One crew member reported missing after attack on Greek-operated bulker in the Strait of Hormuz
Bulker income and investments boost Danaos profit to three-year high Container ship owner John Coustas benefits from soaring markets for his capesizes
Samsung Heavy take floating data centres beyond the drawing board South Korean shipbuilder reaches a milestone in its emerging offshore AI infrastructure push
CK Line goes big with record 6,400-teu container ships order in China South Korean company orders up to four newbuildings costing more than $320m
Projectile hits cargo ship off Oman amid fresh hope to end of US-Iran conflict Incident northeast of Al Khasab under investigation as authorities urge caution in Strait of Hormuz
Seafarer massacre unfolds in the Black Sea amid blind hits on merchant ships July marks the deadliest month yet, with violence continuing into August as Russia and Ukraine strike each other's shipping
AI hardware, Asia demand lift Lufthansa cargo revenue 27% The cargo division of Deutsche Lufthansa AG ( FRA: LHA ) posted a 26% gain in adjusted operating profit during the second quarter as strong shipping demand in Asia and from AI-driven cloud service providers, boosted revenue despite volatile market conditions and higher fuel costs associated with the U.S.-Iran war. In recent months, Lufthansa Cargo launched a full-service, cross-border e-commerce
Matson profit surges 30% on China shipping demand Matson, Inc. (NYSE: MATX ) reported second-quarter 2026 earnings that significantly exceeded Wall Street expectations, driven by robust demand and higher freight rates in its premium China service. The Honolulu-based carrier posted net income of $129.4 million, or $4.27 per diluted share, up 36.6% and 46.2% respectively from the prior-year period, while raising its full-year operating income outl
500K June boxes for Port of New York-New Jersey Seismic trade policy shifts and raging geopolitics failed to hamper June container traffic through the Port of New York-New Jersey. The leading U.S. East Coast hub was also the nation's second-busiest cargo gateway for loaded twenty-foot equivalent units (TEUs) in June after Los Angeles-Long Beach, moving 503,016 loaded TEUs over the month. That was an improvement of 7.6% from June 2025, accordin
Trimac acquires California bulk food-grade transportation provider Canadian bulk hauler Trimac Transportation announced Tuesday that it has acquired bulk food-grade logistics provider California Freight. California Freight operates eight terminals, a warehouse and a brokerage office across California and Nevada. It provides transportation, storage and logistics services to food and agricultural companies, primarily across California's Central Valley. Its fleet i
Supply Chain: Why Ocean Rates Skyrocketed 300% in 5 Months Summary View Transcript GEODIS Americas CEO Laura Ritchey reveals the stark reality of today's "uneven" economy and its impact on supply chains. While some sectors thrive, others grapple with extreme ocean shipping delays, surging freight rates, and emerging challenges from data center infrastructure. Learn how companies navigate unprecedented backlogs and leverage new tech like AI for predictive
July Manufacturing Data: Strong Numbers Signal Demand Boost Summary View Transcript July's PMI and ISM reports show incredible strength in manufacturing, with new orders up and customer inventories low. This data points directly to increased freight demand and a robust peak season ahead. Dive into the numbers and what they mean for the logistics industry. July's Purchasing Managers' Index climbed to 55.6 - up 2.3% from June and the highest reading since M
Old Trailers, New Purpose: Warehouse on Wheels Reinvents Storage | FreightWaves Summary View Transcript John Brooks, CEO of Warehouse on Wheels, shares how his company is revolutionizing industrial storage by repurposing end-of-life over-the-road trailers. Discover their rapid growth, cost-effective solutions, and how they provide critical flexibility in today's unpredictable supply chain. Learn about their unique business model and the newly released Supply Chain Activity I
Freight Rates AREN'T Falling: Industry Vet's Bold Prediction & Advice Summary View Transcript Freight rates are a hot topic, but one industry veteran says they're not going down. Kevin Nolan, Founder of Sopa Creek, shares his candid insights on the state of freight brokerage, why he's bullish on C.H. Robinson, and how recent 'nuclear' legal judgments are reshaping the industry. He also offers essential advice for brokers navigating carrier vetting, factoring, and t
HappyRobot Series C mints FreightTech's newest unicorn FreightTech has a new unicorn, and it took 20 months to build. HappyRobot closed a $150 million Series C at a $1.2 billion post-money valuation, putting a price on the idea that AI agents can absorb the phone calls, emails and follow-ups that move freight. Prysm Capital led the round and Eurazeo co-led, with existing investors including a16z, Y Combinator, Koch Disruptive Technologies and WaVe-X,
Texas ports defy tariff uncertainty with record cargo performance Record first-half container volumes at Port Houston and historic cargo tonnage at the Port of Corpus Christi suggest shippers and energy exporters are still moving freight despite an increasingly uncertain global trade environment. Port Houston handled 389,962 twenty-foot equivalent units (TEUs) during June, an 18% increase from the same month last year, while first-half container volumes climbed
Strong quarter for Expeditors, air freight leads the way Just about every statistic for Expeditors International in the second quarter was significantly higher than it was a year ago. In the key measurement of volume, airfreight measured in kilos was up 14% for the quarter, with the month-by-month percentage gain rising each month: 13% in April, 14% in May and 15% in June. Ocean freight did not fare as well, as measured in forty-foot equivalents. It wa
Prologis says $18.8B takeover of Segro moving forward Prologis announced Tuesday that it will move forward with a plan to acquire London-based logistics warehouse operator Segro. Prologis put forward its "best-and-final" offer last month, following multiple rejections from Segro's board. The final price tag values Segro at $18.8 billion. Prologis ( NYSE: PLD ) also announced Tuesday a public offering for 15 million shares of common stock to help fun
Strong finish: Ocean lines raise profit outlook by 200% Ocean Network Express (ONE) reported Q1 FY2026 revenue of US$4.539 billion and a net profit of $31 million, while lifting its full-year profit forecast sharply to $900 million from the prior $300 million guidance. For the April-June period, the joint venture of three Japan-based container carriers posted revenue of $4.54 billion, up from $4.05 billion in the year-ago fiscal quarter. Earnings befo
As diesel futures markets plummet, benchmark retail price rises Diesel consumers can be excused if they are exhausted from trying to project where the prices they pay at the pump will be going after the events of the past few days and weeks. The weekly Department of Energy/Energy Information Administration average retail diesel price that is the basis for most fuel surcharges fell Monday, published Tuesday, to $5.348/gallon, up 3.5 cts/g. It's the fourth cons
Trucking coalition says 194,000 non-domiciled CDLs affected by carrier reforms The Trucking Association Executives Council (TAEC) says a year of coordinated federal and state enforcement has resulted in sweeping changes to cross-border trucking, commercial driver licensing and highway safety. In its "Trucking Resurgence: The Fight for Fairness and Safety Progress Report," released July 23, the organization said actions by federal and state authorities and law enforcement ag
Los Angeles Port Police help bust $12.5M meth lab, $2M Nike theft ring Los Angeles Port Police task force officers helped investigators seize 1,378 pounds of methamphetamine worth approximately $12.5 million in Los Angeles County. Authorities executed a July 28 search warrant at a suspected methamphetamine production site in a remote desert area. The operation recovered crystal methamphetamine and highly condensed liquid methamphetamine. Investigators also recovered
Transportation capacity falls faster in July, rates remain high Although the transportation market cooled in July from a seasonally stronger June, it remained very tight, according to data from a monthly survey of supply chain professionals. Key transportation metrics in the Logistics Managers' Index showed mixed results, with capacity falling faster while pricing grew at a slightly slower pace. The index is a diffusion index in which a reading above 50 indic
SONAR and Retlia Announce a Strategic Integration of Retail Intelligence Integration of 'The Register' indicator provides SONAR users with critical foresight into retail demand, market confidence and inventory volatility SONAR and Retlia have announced a partnership to deliver advanced retail data analytics directly into the SONAR UI, the freight industry's leading market intelligence platform. This collaboration addresses a gap in the logistics landscape by bridging
Truck capacity tightens as shippers pay more for less The freight recession spent three years handing shippers cheap trucks. That invoice for its ending arrived in the second quarter. Shippers moved less freight between April and June and paid sharply more to do it, according to the U.S. Bank Freight Payment Index released Tuesday. The National Shipment Index fell 1.1% from the first quarter to 75.1, the second consecutive sequential decline. Spendi
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