Maritime must move beyond wellbeing awareness to change crew behavior The maritime industry risks mistaking wellbeing activity for wellbeing progress unless it places greater emphasis on whether programs are changing seafarer behavior. Despite growing investment in crew health and wellbeing, awareness alone
Boksa Marine Design expands into shoreside electrical engineering Boksa Marine Design (BMD), Tampa, Fla., a naval architecture and marine engineering firm, recently announced the addition of shoreside electrical engineering services to its portfolio. This new practice expands BMD's core capabilities
WCI names Nick Boykin director, communications and membership The Waterways Council Inc. (WCI) has appointed Nick Boykin its director, communications and membership. Boykin was most recently senior marketing and communications manager at the Greater Washington Board of Trade in Washington,
Saab UK and Kraken develop a drone seeker USV Fareham, U.K.-based uncrewed surface vessel (USV) specialist Kraken Technology Group and Saab UK have developed and tested a pioneering prototype autonomous "drone seeker" vessel for maritime environments. The experimental vessel combines Kraken's
How effective are containership roll damping tanks? Ocean Network Express Pte. Ltd. (ONE) and ClassNK) have launched a joint research project to evaluate the effectiveness of roll damping tanks (RDTs) on large containerships. ONE will provide onboard measurement data
DP World opens Bang Na distribution centre in Thailand DP World today announced the opening of a new contract logistics distribution centre in Bang Na, expanding its logistics capacity in Thailand and strengthening its ability to support customers across key manufacturing and consumer sectors. The approximately 10,000-square-metre facility is located in a modern industrial park in Bang Na, an established distribution hub within the Greater Bangkok me
Port of Koper hosts energy transition forum Representatives of ports, institutions and the professional community gathered in Koper for a joint event organised as part of the European BREEZE and SUPERALFUEL projects, with Luka Koper participating as a project partner in both initiatives. The event focused on the energy transition in maritime transport as a matter of immediate strategic decision-making rather than a distant planning exercis
Neptune Pacific fleet expansion boosts regional capacity Neptune Pacific has announced a fleet expansion aimed at increasing capacity and operational flexibility across its Central Pacific network. ICS Silver Lining will join the carrier's fleet in November 2026. The vessel will enter the MICROPAC service in December, connecting Kiribati, Fiji and the Marshall Islands. Neptune Pacific fleet expansion reshapes deployments Following the arrival of ICS Si
Hapag-Lloyd announces North America GRI Hapag-Lloyd will implement a General Rate Increase and General Rate Adjustment for shipments from the Indian Subcontinent, Pakistan and the Middle East to North America. The Hapag-Lloyd GRI will apply to containers gated in full from 1 November 2026 and will remain valid until further notice. It covers cargo transported in 20-foot and 40-foot dry, reefer and special containers, including high-cub
ONE and ClassNK study roll damping tanks on large boxships Ocean Network Express (ONE) and classification society ClassNK have launched a joint research project to measure the effectiveness of roll damping tanks on large container ships. ONE will provide operational data collected onboard its vessels. ClassNK will analyse the information alongside numerical simulations to assess how effectively the systems reduce rolling under actual operating and sea co
AD Ports Group completes acquisition of Brazil's CLI AD Ports Group announced the successful completion of the financial closing of its acquisition of Corredor Logística e Infraestrutura, Brazil's leading independent agri-bulk port terminal operator from funds managed by Macquarie Asset Management and IG4 Capital. The transaction, announced on 2 June 2026, was completed following the satisfaction of customary closing conditions, including regu
Deciphering the permissioned corridor Why the world's largest container ships are returning to the Red Sea while the threat that drove them away is still there
Greek merchant fleet grows as capacity declines The Greek merchant fleet expanded in July 2026, although its total gross tonnage declined, according to data released by the Hellenic Statistical Authority (ELSTAT). The fleet of vessels measuring 100 gross registered tonnes (GRT) and above reached 1,868 ships. This represents an increase of 1.4% compared with July 2025. In the previous annual comparison , the fleet had grown by 0.8%. However, to
CMA CGM announces new RRI to US East Coast CMA CGM will apply a Rate Restoration Initiative (RRI) on cargo shipped from Türkiye and other Mediterranean-region ports to the US East Coast. The revised rates will take effect on 1 November 2026 and apply to tariff and service contract shipments. Origin 20-foot container 40-foot, 40-foot HC and 45-foot container Türkiye and associated inland points US$750 US$1,500 Other specified origins US$50
Transpacific gains slow as Europe rates slide The latest container freight readings point to a change in market momentum, with Transpacific gains slowing considerably while Asia-Europe rates continue to fall. Global benchmarks also moved lower. Drewry's World Container Index (WCI) and the Freightos Baltic Index (FBX) both declined 1%, while the Shanghai Containerized Freight Index (SCFI) edged lower. The China Containerized Freight Index (CC
Gulftainer expands aluminium exports through Khorfakkan Port Gulftainer and Emirates Global Aluminium have signed a strategic agreement to expand aluminium exports from the UAE's East Coast through Khorfakkan Port. Under the agreement, EGA will route up to 250,000 tonnes of aluminium through Khorfakkan in the first year, increasing to up to 300,000 tonnes in the second year, with potential for further volume growth in subsequent years. Gulftainer will deve
Dutch seaports call for concrete implementation of European Ports Strategy Five Dutch seaports have called on European policymakers to swiftly translate the European Ports Strategy into concrete, practical and adequately funded measures, presenting their joint position paper Full Steam Ahead during a meeting in Brussels on September 29. The port authorities of Amsterdam, Groningen Seaports, Moerdijk, Rotterdam and North Sea Port, cooperating within the Dutch Seaports As
FESCO realigns China-Vladivostok service FESCO has revised its FCDL3 service between China and Vladivostok, removing Wenzhou and introducing an alternating sailing pattern. Under the new arrangement, two out of every three sailings will operate a direct Shanghai-Vladivostok connection. The third sailing will link Xiamen, Shantou and Ningbo with the Russian port. The revised rotations are: Loop 1: Shanghai - Vladivostok - Shanghai Loop 2
COSCO joins Mediterranean-Canada service COSCO Shipping Lines will take slots on Hapag-Lloyd's Mediterranean Canada (MCA) service, according to DynaLiners. The Chinese carrier will market the connection under the Mediterranean Canada Service (MECA) brand. The full MCA rotation covers: Salerno - Livorno - Genoa - Marseille - Sagunto - Algeciras - Tangier - Vigo - Saint John - Montreal - Tangier - Salerno. However, COSCO's slot agreement
DP World strengthens logistics capabilities in Nigeria DP World and Nigeria-based Tropical General Investments Group have announced a partnership to strengthen logistics capabilities in Nigeria, combining DP World's global logistics and supply chain expertise with TGI Group's market presence, distribution network and operational experience. Subject to regulatory approval, TGI will become a shareholder in DP World Logistics Limited in Nigeria, with DP
Port of Long Beach accelarates zero-emissions and demolition proccess The Port of Long Beach has released a draft Initial Study on a proposal by SA Recycling LLC to demolish its marine terminal facility on Pier T and has highlighted its partnership with fourth-generation family trucking and logistics company Duncan and Son Lines. The Draft Initial Study and Mitigated Negative Declaration concludes that the project would not have any significant or unmitigable envir
Maersk revises terminal handling charges in Brazil Maersk will revise its Origin Handling Charge (OHC) and Destination Handling Charge (DHC) for containers moving to and from Brazil. The updated tariffs will take effect on 1 November 2026 and remain applicable until further notice. Maersk attributed the adjustment to higher port-related and operational costs. All rates are quoted in Brazilian reais per container. Location Dry Reefer Special Dange
Readers Speak: Reliability determines the value of faster shipping Shorter transit times can justify higher freight rates, but only when speed is backed by reliability or a clear operational need, according to the latest Readers Speak poll. Container News asked readers whether shorter transit times are worth higher freight rates. The strongest response was "only if reliable," while limiting the premium to urgent cargo also attracted considerable support. Relativ
Port of Helsingborg orders two Kalmar electric reachstackers The Port of Helsingborg has ordered two electric reachstackers from Kalmar, marking the first equipment order under a six-year framework agreement signed by the companies earlier this year. The agreement covers the potential procurement of up to nine zero-emission machines. Kalmar booked the latest order in its third-quarter 2026 order intake, with delivery scheduled for the end of the second qua
Kuehne+Nagel opens new technology centre in India Kuehne+Nagel has opened a new Tech Centre in Chennai, India, expanding its global engineering capabilities and supporting the development of its proprietary digital logistics platforms. The new centre will focus on developing and scaling technology used across the logistics group's global operations, including solutions for managing sea and air freight shipments. By early 2027, Kuehne+Nagel expec
Maersk updates PSS across three major trades Maersk has announced Peak Season Surcharge (PSS) updates covering shipments to Kenya, Oceania and the eastern coasts of the United States and Canada. The measures will take effect on different dates in October and November 2026. China and Hong Kong to Kenya From 19 October 2026, Maersk will apply the following PSS to shipments from China and Hong Kong to Kenya: Origin Destination 20-foot 40-foot
OOCL expands Far East-South America network Orient Overseas Container Line (OOCL) will launch its new Transpacific Latin Atlantic Service 3 (TLA3) in mid-December 2026. The weekly service will connect major Chinese export gateways with Brazil, Uruguay and Argentina. The TLA3 rotation will be: Ningbo - Shanghai - Shekou - Singapore - Santos - Navegantes - Montevideo - Buenos Aires - Navegantes - Santos - Coega - Singapore - Hong Kong - Ning
Diamond Line launches Belgium-Scandinavia service Diamond Line, a subsidiary of COSCO Shipping Lines, will launch a new weekly short-sea service connecting Belgium with Denmark and Sweden. The new Belgium-Scandinavia Express (BSX) will begin operations in October 2026. Its rotation will be: Zeebrugge - Aarhus - Helsingborg - Zeebrugge. Diamond Line will deploy the 870-TEU Dina Trader as the sole vessel on the service. The loop will provide a dir
How close is shipping to the top? Shipping markets rarely announce the top with any clarity. More often, the argument about whether the peak has arrived only really starts when freight rates are still climbing, asset values are making less and less conventional sense and owners are sufficiently confident to keep buying ships at prices that would have looked ridiculous a few ...
Advantage tops up China tanker spree with LR2s and extra MRs Geneva-based Advantage Tankers has added two LR2 product tankers at Dalian Shipbuilding Industry Corporation and expanded its MR newbuilding programme at Guangzhou Shipyard International from four ships to six. The latest move gives the Nazli Williams-controlled owner another four ships beyond the MR quartet Splash uncovered last month. Chief executive Tugrul Tokgöz has confirmed the ...
Seatrium bags ninth Karpowership FSRU conversion Singapore shipyard group Seatrium has secured a contract from Karpowership to convert an LNG carrier into the FSRU LNGT Akdeniz, extending a partnership that has produced seven delivered units since 2018. The work is scheduled to begin in the first quarter of 2027. LNGT Akdeniz will be the ninth FSRU conversion awarded by Karpowership to ...
U-Ming doubles down in China with six-ship bulker spend Taiwan's U-Ming Marine Transport has committed up to $312m on six more bulkers in China, adding four ultramaxes and firming another pair of Newcastlemaxes as it presses ahead with plans to build a 100-ship fleet. Two separate Taiwan exchange disclosures from U-Ming's Singapore subsidiary put the combined investment at between $296m and $312m. The larger ...
Grace Energy nearly doubles money on ex-Dynacom suezmax Dubai-based Grace Energy Shipping-linked interests are cashing in on the surge in tanker asset values, with brokers reporting the sale of the 2011-built suezmax Vendavel for $94.5m, close to double its acquisition price a little over two years ago. S&P sources list the 149,999 dwt New Times Shipbuilding-built tanker with the buyer undisclosed. Brokers note ...
Reach Subsea extends MPSV charter through 2028 Norwegian subsea services specialist Reach Subsea has exercised the one-year extension option under the charter agreement for the subsea vessel Deep Cygnus. The charter agreement was originally announced in July 2022 as a four-year agreement with an option to extend for an additional year. Exercising the option extends the agreement through March 2028. The 2009-built ...
Almi expands China orderbook with three more ultramaxes Greek dry bulk owner Almi Marine Management has added another three ultramax newbuildings in China, expanding a fleet renewal drive that began earlier this year. Greek shipping sources report that the Athens-based owner has booked three 64,000 dwt bulkers at COSCO Shipping Heavy Industry's Zhoushan yard, with delivery scheduled for 2030. The fresh deal follows ...
COOEC lands EPCI work on QatarEnergy field redevelopment China's CNOOC Engineering (COOEC) has won an EPCI contract for QatarEnergy's Maydan Mahzam offshore redevelopment project, taking the value of its Middle East contracts secured over the past three years above RMB 50bn ($7bn). The Tianjin-based offshore engineering contractor said it had successfully bid for the Maydan Mahzam EPIC2 package, covering engineering, procurement, construction, and ...
Seaspan takes newcastlemax plunge with Yangzijiang order Seaspan Corporation is moving into the newcastlemax sector, emerging as the owner behind two 210,000 dwt tri-fuel ore carriers that Mitsui OSK Lines will deploy under a 25-year shipping deal with Brazilian mining giant Vale. Seaspan will own the two ships and charter them to MOL, with Yangzijiang Shipbuilding lined up to construct the pair. ...
Historic Batavia replica hauled across Dutch dike A full-scale reconstruction of the 17th-century Dutch East India Company ship Batavia has been hauled ashore in the Netherlands after a complex heavylift operation involving 56 axle lines of self-propelled modular transporters. The 646-tonne wooden vessel was moved around 250 m from a pontoon, across the Markermeer dike and onto its permanent foundation at Museum ...
Russia hits another four ships in the Black Sea Russia has stepped up attacks on commercial vessels and port infrastructure in and around Ukraine's Odesa region, with Moscow claiming strikes on several cargo ships in the northwestern Black Sea over the weekend. Russia's defence ministry said its forces struck four dry cargo vessels across Chornomorsk Port, the Bug Estuary, and the northwestern Black Sea. ...
DP World in talks to extend Callao concession to 2066 DP World is in talks with the Peruvian government over a 30-year extension of its concession at Callao in return for a further $1.47bn investment programme. Peru's Ministry of Transport and Communications (MTC) has held fresh discussions with DP World Callao over proposed Addendum No. 4 to the concession for the South Pier container terminal. ...
Oil exports surge back through Hormuz despite mounting attacks Oil flows from the Middle East have climbed back above pre-war levels even as attacks on tankers around the Strait of Hormuz accelerate to their fastest pace since the conflict with Iran erupted on February 28. Provisional Kpler data shows regional crude exports exceeded pre-war volumes on four days during the final week of September, ...
Gunvor rebrands as Centalion and heads for Singapore Commodity trading giant Gunvor is changing its name to Centalion and moving its corporate base to Singapore less than a year after completing a management buyout. The employee partnership that owns the business has voted to rename Gunvor Group as Centalion Group and intends to redomicile its parent holding company from Cyprus to Singapore, subject ...
Tanker rates, already higher than most imagined possible, just spiked again Crude tanker markets hit a tipping point in mid-September, surging to a new level as more crude exited the Strait...
Greece 'more and more confident' it can sink the NZF The IMO's climate discussions have been drama-free so far. But the underlying divisions over the Net-Zero Framework remain
The Daily View: Thin inventories, thicker risks
Black Sea grain carrier sinks after suspected drone strike kills two crew Two seafarers died and a captain was airlifted for treatment after a fire broke out on board the Turkish-owned Royad...
LNG tanker and sanctioned tankers head to Indian ship recyclers India's willingness to accept sanctioned vessels continues to give its recycling industry a competitive edge over Bangladesh, Pakistan and Türkiye
Volare Shipping shares rise on Oslo debut after $500m tanker IPO Trafigura-backed Volare Shipping made a strong debut on Euronext Growth Oslo after raising $500m from investors, as bullish sentiment around...
The week in newbuildings: Seaspan enters big bulk sector with Vale-linked ore carrier order Seaspan's latest orders continue its diversification programme beyond its traditional containership business
Beyond shipping: UK maritime's bid to become a strategic national priority As geopolitical risk, energy security and economic resilience climb Whitehall's agenda, UK shipping believes it has a rare opportunity to...
Japan sanctions shadow fleet vessels for first time in escalation of Russia crackdown Japan has sanctioned shadow fleet vessels for the first time, targeting 35 tankers linked to Russian oil exports and signalling...
The Week in Charts: Russia absorbs shadow fleet tankers at record pace as EU seizures reshape sanctions battle | Conflict pushes Russia-Iran trade deeper into the Caspian Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Dynacom-operated tanker hit in Hormuz as Iran maintains closure demands Liberia-flagged Lipsi sustained engine room damage in the latest Hormuz attack, while Tehran said the strait would remain closed until...
How worried should you be about the orderbook? Container shipping's orderbook looks significant, tanker contracting is rising again and dry bulk is becoming more top-heavy - but Lloyd's...
Daily Briefing Could VLCC boom rewrite the ship investment rules? | Russia absorbs shadow fleet tankers at record pace as EU seizures...
FMC questions Cosco on non-payment of reparations to ag shipper The agency says the ocean carrier will be subject to fines of up to $25,000 a day if it's determined that the lack of payment to an Oregon-based shipper is "willful and knowing."
Breakbulk fleet growth to accelerate, but capacity remains constrained While fleet supply is growing, vessel specialization, low demolition activity, port congestion, and ongoing disruptions to traditional trade lanes are all limiting the amount of capacity effectively available to project cargo and breakbulk shippers.
Ro/ro terminal upgrades central to Baltimore's weather resiliency plan The initial phase of the port's strategy focuses on limiting storm damage at the Dundalk Marine Terminal, Baltimore's primary ro/ro facility, attendees at the American Association of Port Authorities conference were told.
C.H. Robinson acquires logistics provider RXO for $5.8 billion The deal - the largest in logistics so far this year - expands C.H. Robinson's expedited and last-mile network and builds density across its North American logistics platform.
Houston drayage rates rising faster than other US port markets The nationwide decrease in truck drivers is colliding with strong import demand tied to the Texas infrastructure boom and healthy resin exports.
Crew fights fire on tanker as flurry of Iranian attacks continues Engine room set ablaze after attack in latest strike on shipping
Aristides Pittas' EuroDry forges loan deal with Greek bank to unlock cash New York-listed shipowner finalises $19m loan with Alpha Bank to refinance kamsarmax
ICE expands futures offering with new VLCC and container routes VLCCs from Gulf of Oman and West Africa join portfolio of more than 90 freight futures contracts
Iran ramps up Strait of Hormuz attacks with 11 ships hit in a week Iran's increasing hit rate may reflect better targeting or higher ship numbers through embattled waterway
Nordic American Tankers tied to sale of oldest vessel as suezmax prices rocket New York-listed tanker owner sees 62.5% gain in price of 21-year-old ship in just over six month
Singapore broadens maritime security warning beyond high-risk hotspots Fourth-largest ship registry tells vessels risks are not confined to areas already covered by specific warnings
Black Sea seafarer death toll hits 60 as UN struggles to revive ceasefire Ukrainian president reveals latest incident while mediators try to resurrect abandoned UN grain corridor
d'Amico buys last chartered-in tanker at steep discount Italian shipowner cut sale and leaseback deal with Japanese investors in 2017
Deadly gangway accident prompts call for extra checks on commercial ships Study of accidents on ships identified gangways as a potential hotspot for accidents on vessels
Angelicoussis VLCC linked to possible $250,000 per day term deal Brokers taking wild guesses as to where period rates will go next
Period rates for handysize bulkers move up again with Pelagic deal The fresh fixture shows a rare 12-month deal
Judge orders $42m payment to subsidiary of Russian shipowner Cyprus-based charterer stopped paying hire charges for seven vessels after sanctions
'No reality' as Angelicoussis VLCC linked to term deal at up to $250,000 per day Brokers taking wild guesses as to where period rates will go next
Veteran VLCC offloaded at $75m as values close to trebling in demand surge Hong Kong-controlled tanker said to have found another buyer at the age of 24
D'Amico buys last chartered-in tanker at steep discount Italian shipowner cut sale and leaseback deal with Japanese investors in 2017
Clarksons welcomes 17 new trainee brokers across the globe Fresh faces join UK group in London, New York, Hamburg and elsewhere
Anthony Inglessis-led Carlova inks fourth tanker order in debut year Greek shipping company has penned two newbuildings at Imabari Shipbuilding
Designer Stefano Pastrovich wants to turn PSVs into luxury cruise yachts Monaco-based naval architect says now is the time to convert offshore vessels
Tanker U-turns in Strait of Hormuz after Iran attack threat Latest incident suggests vessel flow may be falling after Tehran launched wave of attacks in embattled waterway
SFL bets on ammonia carriers with $216m newbuilding order Owner adds new VLAC segment with long-term charters to European oil major
Japan blacklists 35 Russian-trading ships in first sanctions move Move blocks off another source of business for array of tankers and other cargo ships
'Tenacity and the strategy': New boss at shipping management giant V.Ships shares plan for his tenure Shubpreet Singh has been promoted from within to lead a company with more than 3,800 ships on the water
Volare Shipping makes unique entrance in Oslo as shares climb on debut Chair Andrea Olivi says AI investors are eyeing shipping as hard-asset play
Bangladesh owner banks $10m in shariah financing to buy product tanker Samuda Shipping agrees deal with ICD and Eastern Bank
Latsis family chartering arm strikes new ship deals after loss-making 2025 Greek owner's UK agency company says it is handling the fixing of seven more Latsco Shipping vessels
LNG carriers score highest Hormuz transits in September since war start Shipments still wallow at a fraction of pre-war levels
Oman tells tankers to keep AIS on through the Strait of Hormuz Maritime Security Centre tightens rules as transits rise
BW LNG and Marubeni opt to scrap steamship on its poor tank condition But demolition tally for LNG ship sector in first nine months lags last year's record total
'Significant milestone': Trafigura's VLCC company Volare jumps 10% on bullish Oslo debut Trader's tanker start-up raised $500m in IPO last month
Shipping billionaire David Reuben follows brother to Monaco as London exodus extends The 88-year-old bulker and offshore player is among the super-wealthy ditching the UK capital
Capital Tankers leads the way as Norwegian analysts upgrade booming tanker sector Target prices and asset values raised in bullish notes
'Significant milestone': Trafigura's VLCC company Volare makes Oslo debut Trader's tanker start-up raised $500m in IPO last month
Ocean Network Express partners with ClassNK on roll damping tank study The study will be carried out on large container ships
U-Ming Marine splashes up to $312m to order bulk carriers Taiwanese shipping company inks two newcastlemaxes and four ultramaxes at Chinese shipyards
Explosions reported near tanker as Yemen conflict escalates Crew safe after incident south of Al Mukha
Iraqi state tanker claims first VLCC voyage through Hormuz amid S&P hunt Outfit ships 2m barrels in shift from Basra oil sales
Class 8 truck orders rise 18% in September as fleets turn to 2027 models North American Class 8 truck orders rose in September as fleets began shifting their attention to model-year 2027 equipment amid lingering uncertainty over emissions regulations and truck pricing. Preliminary Class 8 net orders totaled 21,300 units in September, an 18% increase from August and 3% higher than the same month last year, according to FTR Transportation Intelligence . While the month-
C.H. Robinson Buys RXO: History's Largest Brokerage Deal C.H. Robinson's acquisition of RXO marks the biggest truck brokerage merger in history. This monumental $5.8 billion deal, driven by the promise of $300 million in synergies, could redefine the competitive landscape for 3PLs. What does this mean for the future of freight and for other brokers in the industry? C.H. Robinson announced Monday it will acquire RXO in a deal valued at approximately $5.
Truckload Spot Rates Keep Rising, But Demand Isn't... Why? Truckload spot rates keep rising, but demand isn't the real story. Accepted tender volumes are falling, rejection rates have cooled, and yet spot and contract rates are still moving up. In this market update, we break down the mixed truckload signals: softer tenders, higher fuel, tighter capacity, barriers to entry for new carriers, and why that combination could keep rates firm longer than many
Is the Freight Market Finally Turning? Webb Estes reveals record tonnage, thriving next-day business, and low driver turnover. He calls it a "Goldilocks market" for contracted carriers. Are you seeing similar success in your operations, or different trends? Let us know below. Estes Express Lines recorded a 15% year-over-year tonnage increase last week, marking back-to-back record weeks for the LTL carrier, according to Webb Estes, who
DP World plots US port comeback with Corpus Christi container terminal Global terminal operator DP World has taken another step toward returning to U.S. port operations two decades after a proposed takeover of terminals at several major American ports raised concerns over national security. The Port of Corpus Christi, Texas, has signed a lease option agreement with Dubai-based DP World to develop a container terminal capable of eventually handling about 1 million tw
STG Logistics announces new CEO, board members STG Logistics announced Monday that Jack Holmes will take over as CEO effective immediately. He will succeed Geoff Anderman, who led the company through its most recent financial restructuring . The company also announced new interim leadership roles and board members. Holmes was with UPS ( NYSE: UPS ) for 37 years, serving in various roles, including president and CEO of UPS Freight before retir
UK parcel carrier Evri to enter US delivery market with acquisition Evri, the largest pure-play parcel delivery company in the United Kingdom following its merger with DHL eCommerce last year, has agreed to acquire Florida-based courier Cross Border Connect, which specializes in e-commerce delivery and returns between the U.K. and United States. The acquisition strengthens Evri Group's ability to support customers moving parcels between the UK, Europe by combinin
ISEE partners with investor Holman on autonomous yard trucks ISEE, a Cambridge, Mass.-based developer of autonomous yard trucks, announced a strategic partnership with Holman on Friday. Holman, which is also an investor in ISEE, will lease, retrofit and maintain the trucks that run ISEE's autonomy system in North America. Customers can put ISEE's system on trucks they already own, on trucks leased from Holman or on autonomous-ready vehicles supplied by ISE
Triumph Financial CEO on Freight Credit Risk Freight credit risk in 2024 is the focus as Triumph Financial's Aaron Graft joins FreightWaves to break down what he's seeing. Graft, founder, vice chairman and CEO of Triumph Financial, talks through the freight finance backdrop, market pressure points and what carriers, brokers and shippers should be watching now. If you operate in trucking, payments, factoring or freight tech, this is a straig
Ocean Freight Risk: Late Is Now the Likely Outcome Ocean freight risk is rising, and on some Asia-North America lanes, late delivery is now the most likely outcome. Matt Anderson breaks down why carrier selection matters more than lane selection right now - and how that decision can drive downstream trucking and spot exposure. This conversation covers the September ocean freight risk outlook, service reliability by carrier, total landed cost, and
FMCSA restores 30-day HOS relief for truckers during emergencies The Federal Motor Carrier Safety Administration is doubling the length of automatic hours-of-service relief available to truck drivers providing direct assistance during certain regional emergencies. A final rule published Monday restores the automatic exemption period from 14 days to 30 days following a regional emergency declaration by a state governor, a governor's authorized representative or
September PMI Numbers & Their Impact on the Industrial Economy The latest PMI numbers from the Institute of Supply Chain Management show US manufacturing activity expanding for the ninth consecutive month. However, supply chain leaders are still grappling with significant pricing pressures, rising transportation costs, and commodity inflation. This detailed report breaks down the September PMI, new orders, inventory levels, and production, revealing the unde
Hapag-Lloyd's Zim takeover heads for reset as Israel requires new review Hapag-Lloyd's $4.2 billion acquisition of Zim Integrated Shipping Services remains in limbo after Israel's Government Companies Authority ended its review of the original transaction structure, requiring the German carrier and its Israeli partner to advance a materially revised proposal through a new review process. The companies are seeking to preserve the late-2026 closing target, but Israeli m
UPDATE: C.H. Robinson acquisition of RXO may give a jolt to industry consolidation In a move that may have been foreshadowed by strong upward stock movement Thursday and Friday, C.H. Robinson, the country's biggest 3PL, is getting a lot bigger by acquiring RXO. The transaction was announced Monday morning. RXO's (NYSE: RXO) stock price had risen sharply Thursday and Friday, with it rising Friday by $2.02, a gain of 9.46% to $23.38. What's going on with $RXO? It's risen 16.2% i
Optimus Technology acquires SmartHop Freight Platform Optimus Technology Inc. has acquired SmartHop's load and fleet management platform and plans to give it to small and midsize carriers at no cost, the company announced Monday. Deal terms were not disclosed. The Austin, Texas-based company will distribute SmartHop through financial, insurance and logistics partners that together reach tens of thousands of trucking companies. Platforms run by those
Cybersecurity portal to fight bad guys open for business: NMFTA Long Beach, California-Numerous speakers at the cybersecurity conference of the National Motor Freight Traffic Association here talked about the need for cooperation to fight cybercrooks. That same theme was heard a year ago at the 2025 version of the NMFTA's conference. The discussion last year led to action: the creation of the NMFTA's Threat Report Portal, where companies that are either victi
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
