ATSB: Safety management system issues seen in RO/RO loss of steering The Australian Transport Safety Bureau (ATSB) has recommended a ship operator take further steps to improve its safety management system, after a mixed cargo and passenger vessel lost steering in the Bass
Gulf Copper names Ed Schendzelos general manager Houston-headquartered Gulf Copper reports that it has promoted Ed Schendzelos to general manager, effective immediately. Since joining the company in August 2022, says the company, Schendzelos has consistently taken on new challenges
BOEM advances third Gulf offshore lease sale The Bureau of Ocean Energy Management (BOEM) today issued the Final Notice of Sale for Lease Sale Big Beautiful Gulf 3 (BBG3), the third of 30 Gulf of America lease sales required
USACE awards $15.5 million for Bird Island Pier repairs The Buffalo Engineer District has awarded contracts totaling $15.5 million to Great Lakes Dock and Materials LLC and Ryba Marine Construction Co. to repair the Bird Island Pier along the Niagara River,
FMD establishes new official Canadian HQ Fairbanks Morse Defense (FMD) reports that it has finalized its acquisition of the Rolls-Royce Naval Handling facility in Peterborough, Ontario. The closing officially establishes the facility as FMD's Canadian headquarters, expanding the
White Paper: Ensuring vessel uptime through drivetrain inspections, proactive maintenance, and strategic spares This white paper emphasizes that maximizing vessel uptime depends on a structured approach to drivetrain reliability, centered on routine visual inspections, proactive maintenance practices, and strategic management of critical spare parts.
TKMS selected as the preferred supplier for the Canadian Patrol Submarine project Canada's Defence Investment Agency reports that Germany's Thyssenkrupp Marine Systems (TKMS) has been selected as the preferred supplier for to begin negotiations for delivering Canada's next fleet of submarines - the Canadian
Wärtsilä propulsion solutions selected for nine Grimaldi Group newbuilds Wärtsilä will supply a range of propulsion solutions for nine newbuild ferry vessels under construction for Grimaldi Group fleets at the China Merchants Shipbuilding Industry Group Weihai Shipyard. The vessels are part
Rhenus reminds UK exporters of new EU customs charges on low-value parcels The Rhenus Group is reminding UK exporters to prepare for new EU customs charges on low-value parcels, following changes that took effect on 1 July 2026. The new rules apply to shipments valued at €150 or less entering the European Union. Under the revised system, customs authorities now charge a flat €3 fee for each commodity code contained in a shipment. The fee applies to individual parcels an
Hapag-Lloyd to roll out Inmarsat NexusWave across global fleet Hapag-Lloyd will deploy Inmarsat's NexusWave connectivity platform across its global fleet following successful onboard trials. The rollout supports the carrier's Strategy 2030 and broader digitalisation plans. Hapag-Lloyd has worked with Inmarsat for nearly 25 years. The company began testing NexusWave in 2024 as it looked for a future-ready connectivity solution. The trials focused on operation
ID Logistics opens fourth UK site in Rugby ID Logistics has expanded its UK network with the opening of a fourth logistics facility in Rugby, Warwickshire, strengthening its presence in one of the country's key logistics hubs. The new site covers more than 62,500 square metres and is certified BREEAM Very Good. It will support a major global online retailer and become one of the largest facilities in ID Logistics UK's portfolio. The compa
Swire Shipping opens first office in Timor-Leste Swire Shipping has opened its first branch office in Dili, Timor-Leste, marking a further expansion of its presence in Southeast Asia. The company said the new office reflects its confidence in Timor-Leste's economic potential and will enable it to provide stronger local support for customers. Darry Jun Hau Tan The Dili office will be led by Darry Jun Hau Tan, who has been based in Timor-Leste fo
Is Malacca Strait the world's second Hormuz test case? Half a world from the Persian Gulf, a strait that has never stopped a single ship this year just got a public reassurance it didn't technically need
Hellmann appoints Charles Francis as Managing Director for Saudi Arabia Hellmann Worldwide Logistics has appointed Charles Francis as Managing Director of its operations in Saudi Arabia. Francis brings more than 20 years of leadership experience in the logistics industry across the Middle East, with expertise in business development, operational management and customer-focused supply chain solutions. Hellmann said the appointment supports its strategy to strengthen i
DP World expands India coastal shipping network with DP World Indus DP World has expanded its coastal shipping network in India with the acquisition of DP World Indus, a container vessel with a capacity of more than 2,500 TEUs. The vessel will strengthen domestic coastal shipping services and support cargo movements between key Indian ports. DP World said the acquisition enhances the capabilities of its Shipping Solutions business and supports India's Maritime Vi
Neptune Pacific raises Cook Islands CABAF Neptune Pacific has announced an increase to its combined Currency and Bunker Adjustment Factor (CABAF) for cargo moving to and from the Cook Islands. The revised CABAF will take effect on 14 August 2026, following a 10% increase in the Currency Adjustment Factor (CAF) introduced by the vessel operator serving the Cook Islands. As a slot partner, Neptune Pacific said it will pass the adjustment t
Port of Felixstowe expands autonomous truck fleet Hutchison Ports Port of Felixstowe has confirmed an order for a third batch of autonomous trucks from Shanghai Westwell Technology, bringing its total autonomous truck fleet to 100 vehicles and consolidating its position as the leading European port for autonomous vehicle deployment at scale in a live terminal environment. The latest order builds on the successful integration of autonomous trucks
Gemini return to Suez could strengthen Eastern Mediterranean gateways Gemini return to Suez marks the first structural step by Maersk and Hapag-Lloyd towards restoring container services through the Suez Canal. The partners announced that the AE15 service will return to the trans-Suez route after operating via the Cape of Good Hope. The change follows a joint assessment of the security situation in the Red Sea. The first vessel to sail on the revised route will be
Hapag-Lloyd raises India and Bangladesh-Europe freight rates Hapag-Lloyd has announced higher ocean tariff rates for shipments from India and Bangladesh to Northern Europe, the Mediterranean and the Black Sea, effective for sailings from 1 August 2026. The carrier will increase base rates by US$2,000 per container across all covered trades. For cargo from Ennore and Colombo, the new base rates to Northern Europe will be US$4,693 for 20-foot dry containers
Maersk revises peak season surcharge for Latin America trades Maersk will adjust its Peak Season Surcharge (PSS) for shipments from Far East Asia to Mexico, the West Coast of South America, Central America and the Caribbean. The revised surcharge will take effect on 10 July 2026 for cargo originating in Far East Asia, excluding South Korea. For shipments from South Korea, the new PSS will apply from 24 July 2026. Under the updated tariff, the surcharge will
Prince Rupert Port Authority appoints JJ Ruest as Board Chair The Prince Rupert Port Authority (PRPA) has appointed Jean-Jacques (JJ) Ruest as Chair of its Board of Directors for a two-year term, effective 1 July 2026. Ruest joined the PRPA Board in December 2024 after being appointed by the Government of Canada in consultation with the Port User Nominating Committee. He brings more than 40 years of experience in transportation, logistics, international tra
SAAM takes delivery of two new tugboats from SANMAR SAAM Towage has taken delivery of two new tugboats built by SANMAR Shipyards in Türkiye. The vessels, SAAM Carancho and SAAM Kanan, completed their sea trials and will soon enter service in Chile and Mexico. The deliveries form part of SAAM Towage's ongoing fleet renewal strategy. The company continues to invest in modern vessels that improve operational efficiency, safety and service quality. Pa
ONE and Solvay expand low-carbon inland logistics in Germany Ocean Network Express (ONE) and Solvay Group have expanded their low-carbon logistics partnership with the deployment of electric trucking on an inland container route in Germany. The initiative covers Solvay's 73 km daily container route between Bad Wimpfen and Mannheim. The lane was previously served by diesel trucks. Cargo is now moved by electric truck to Mannheim, where it is transferred to
Qatar ports handle more than 493,000 TEUs in first half of 2026 Mwani Qatar handled more than 493,000 TEUs across its commercial ports during the first half of 2026, reflecting continued growth in the country's maritime trade. Between January and June, Hamad Port, Old Doha Port and Al Ruwais Port processed 493,105 TEUs, along with 273,325 tonnes of general cargo. During the first half of 2026, #MwaniQatar ports handled over 493,000 TEUs and nearly 273,000 ton
DB opens new container depot area in Ulm-Dornstadt Deutsche Bahn (DB) has opened a new 38,000-square-metre container depot in Ulm-Dornstadt, expanding capacity for intermodal freight transport in southern Germany. The new facility adds storage space equivalent to more than five football pitches. DB said the expansion will provide additional storage for both loaded and empty containers. It will also strengthen combined rail and road transport whil
Port Freeport welcomes Höegh Sunrise on inaugural call Port Freeport welcomed the Höegh Sunrise during its inaugural call on 1 July, marking another milestone in the port's long-standing partnership with Höegh Autoliners. Port officials, representatives from Höegh Autoliners, Mitsubishi Motors North America, AMPORTS, and the vessel's master marked the occasion with an inaugural plaque presentation at Berths 1 and 2. The arrival of the Höegh Sunrise r
SAAM Towage orders four new tugboats for Brazil SAAM Towage has signed a contract with Belov Shipyard to build four new tugboats for its operations in Brazil. The investment forms part of the company's fleet renewal strategy and supports its continued expansion in one of its largest markets. SAAM Towage currently operates in 19 Brazilian ports with a fleet of more than 65 vessels. The company said it has one of the country's largest tug fleets
MSC's Sinokor Maritime investment raises South Korea's antitrust authority's eyeballs The Korea Fair Trade Commission is examining MSC's investment in Sinokor Maritime, after South Korean oil refiners and ship owners apparently informed South Korea's anti-trust body that the Swiss-Italian group's backing could give Sinokor Maritime substantial control over the tanker market. KFTC has reportedly asked South Korea's four largest refiners-SK Energy, GS Caltex, S-Oil, and HD Hyundai O
Heidmar buys Dutch ship manager Q-Shipping Nasdaq-listed Heidmar Maritime has acquired Dutch shipmanagement and crewing outfit Q-Shipping in a small deal aimed at widening its technical platform. The Athens-based company said it paid about $200,000 for the business, using cash on hand. The transaction closed this month and adds nine vessels to Heidmar's managed fleet. Q-Shipping gives Heidmar an operating presence ...
Wind-powered hydrogen ships line up $500m rollout UK startup Drift Energy has signed an exclusive capital and project framework with Commenda Capital Partners to support the rollout of at least 50 wind-powered hydrogen production vessels. The programme targets more than $500m of project-level investment, expected to be financed through project-specific vehicles. Drift will remain responsible for vessel technology, intellectual property, hydrogen
DOF bags APAC subsea construction deal Norwegian offshore vessel owner DOF has been awarded a contract for subsea construction and pre-commissioning support services in the APAC region. The 2018-built CSV Skandi Inventor will be deployed to execute offshore operations scheduled to commence in the fourth quarter of 2026 in north Australian waters. The scope of work includes DOF's in-house project management ...
Offshore wind wake effect sparks legal clash in the UK The owners of Dogger Bank Wind Farm have launched a legal challenge against the UK government's approval of the nearby Dogger Bank South project, raising uncertainty around one of the country's biggest planned offshore wind developments. SSE, Equinor, and Vargronn filed a judicial review claim over the consent granted to RWE and Masdar. The move ...
Saipem lands $2bn Indonesia FPSO contract Italian energy services contractor Saipem, in joint venture with PT Tripatra Engineers and Constructors, has been awarded a contract for the engineering, procurement, construction and installation (EPCI) of an FPSO for Eni's Kutei North Hub Field Development Project. The contract was awarded by Eni North Ganal, a company controlled by Searah, the business combination company ...
Netanyahu and Katz urge ZIM sale be scrapped The proposed sale of ZIM Integrated Shipping Services to Hapag-Lloyd and Israeli private equity firm FIMI is facing its most serious political challenge yet after prime minister Benjamin Netanyahu and defence minister Israel Katz came out against the deal. According to Israeli media, the two have urged that the transaction be scrapped, arguing that it ...
Projectile strike tests fragile Hormuz recovery Commercial shipping around the Strait of Hormuz has been given another reminder that the waterway is open, but far from normal. A tanker was struck by an unknown projectile late Monday while transiting just east of the strait. UK Maritime Trade Operations said it received a report from the vessel's master that the tanker had ...
IMO names regional coordinators to strengthen field support The International Maritime Organization (IMO) has named the full team of regional coordinators who will lead its seven regional presence offices, as the UN agency looks to bring more technical support closer to member states. The coordinators will cover the Caribbean, East Asia, Eastern and Southern Africa, Middle East and North Africa, the Pacific, Anglophone ...
Evergreen raided in insider trading probe Taiwanese prosecutors have raided the premises of Evergreen Marine as part of an insider trading investigation linked to one of the world's largest containerlines. The Taipei District Prosecutors Office said investigators searched Evergreen Marine's offices, the homes of nine suspects and 10 other locations on Monday. Nine people were summoned for questioning, including a person ...
EU antitrust law and the China trade question August Braakman, the former secretary-general of the European Maritime Law Organisation, writes for Splash today. Geopolitical, economic and legal considerations force the EU Commission to delay extraterritorial implementation of EU antitrust law in the area of global seaborne trade. This article argues that parties involved in this trade should take legal action in order to ...
US revokes Iran sanctions waiver following attacks on shipping The US has revoked the 60-day sanctions waiver on sales of Iranian oil after the Islamic Republic launched a wave of...
Panama Canal transits drop due to lock maintenance, loss of Hormuz upside The Panama Canal had an exceptionally strong first half, courtesy of trade diversions amid the Hormuz crisis. That mini-boom is...
Dry bulk sector points to improved safety but widening risks for crews Overall, bulker accidents are down yet new threats cannot be ignored, says international owners' association Intercargo
Performance Shipping adds $39m in revenues from Aramco extension for aframax Energy giant takes 15-year-old Briolette for further three years
Heidmar takes over Q-Shipping Acquisition of three decades-old company gives Heidmar offices in Netherlands and Türkiye as well as crewing operation in Ukraine
Who gets shipping's ETS billions? New study lands as Brussels prepares review Research commissioned by European shipowners shows how carbon revenues flow to national treasuries, adding new pressure to debates over how...
Lloyd's and Arch not on hook for Nord Stream blasts, Commercial Court rules Underwriters able to rely on standard contract's war exclusions
Ukraine claims huge night of attacks on Russian tankers Ambrey chief commercial officer Joshua Hutchinson said the attacks directly targeted the vessels' superstructures and bridges
Middle East port update: Tuesday, July 7 The movement of ships entering and departing in Umm Qasr North and South ports, and Khor Al Zubair port, is...
Super Typhoon Bavi set to disrupt shipping across China's busiest ports Chinese ports and shipping lines brace for Super Typhoon Bavi, with delays and closures expected from Friday
LNG carrier hit in Strait of Hormuz Qatar and Saudi Arabia blast Iran at the IMO Council meeting and called on the Islamic Republic to cease the...
Bulker newbuilding orders surge as Greek and Chinese shipowners drive fleet renewal The global dry bulk orderbook has expanded to almost 1,700 vessels against an active fleet of some 14,900 ships, lifting...
The Daily View: The human cost of piracy
Fresh tanker attacks sharpen crude importers' Red Sea vs Hormuz dilemma Some refiners are picking the lesser evil, choosing Yanbu in the Red Sea for crude imports. But new attacks on...
Daily Briefing VLCCs and suezmaxes riding high as peace deal hikes Hormuz flows | Inbound Hormuz tanker transits near parity with outbound...
Singapore's PSA signs deal to develop $945 million four-berth Haiphong terminal The agreement follows a series of concessions between carrier-controlled terminal operators and Vietnamese companies in the last few years to develop port facilities at Lach Huyen.
DHL raises full-year profit forecast after Q2 revenue, earnings gains The integrator's positive earnings momentum was led by its air cargo-focused Express division that saw pre-tax profit increase 63% year over year in the quarter.
MSC in talks to buy into Sri Lanka's Hambantota amid port deal spree: sources With a recent investment commitment from current majority owner China Merchants Port Holdings, Hambantota's annual box-handling capacity is expected to double to 2 million TEUs by the end of the year.
Cost pressures slowing decarbonization drive in UK logistics sector Investment in alternative fuels and electric trucks remains constrained by high upfront costs, infrastructure limits and the difficulty of passing green premiums on to customers, industry leaders say.
US truckload spot rates surpass COVID-19 highs under supply pressure There's little to no sign truckload rate hikes are slowing post-July 4, as tight capacity keeps pricing elevated headed into what's typically a slower season.
LNG carrier loads first export cargo from Energia Costa Azul terminal Sempra and TotalEnergies' Baja California, Mexico, plant joins Pacific producers
Tor Olav Troim's Bruton splitting in two as first VLCC hits water VLCC vehicle gets new chief executive as it looks to shield investors from growing orderbook
DP World buys feeder ship to boost coastal shipping fleet in India Coastal network in India lifted to 10 vessels with arrival of DP World Indus
Qatar blames Iran as 'fully responsible' for LNG carrier attack Bahri tanker also named as one of three reported Hormuz vessel hits in last 24 hours
Greek tanker booked for pioneering Iraqi crude loading MRPL said to be first Indian state refiner to fix vessel inside the Gulf
Ukraine claims attack on 10 vessels in 'industrial scale' drone strike Ferry and a bulker also hit in what military commander describes as a war for Crimean fuel supplies
LNG trade enters 'uncharted waters' in 2026, IGU says Strait of Hormuz crisis has added significant uncertainty to LNG shipping markets
Evergreen Marine raided and directors questioned in insider trading probe Investigators summon nine people, including Evergreen Group president, for questioning
Heidmar swells to 50 vessels after buyout of Dutch-Turkish shop Pankaj Khanna expands Athens-based company's footprint to three countries at a single stroke
EGPN Bulk makes debut container ship move Chinese company has ordered two feeder vessels at CSSC Huangpu Wenchong Shipbuilding
Chinese demand reshapes trade in strong bulker markets, Ifchor Galbraiths says Broker examines growing reliance on shipments from South America
Captain Spyros Karnessis reveals bulker comeback with capesize buy European Navigation returns to the dry cargo business
Is the Baltic facing existential damage from VLCC rate row? Critics and backers are reluctant to see the UK benchmarking giant lose its grip on shipping
Chartworld Shipping nets windfall on container ship sales to MSC Lou Kollakis-led company is believed to have flipped boxships just months after they were bought
Bahri confirms yard for its move into offshore shipping Saudi owner orders support vessels at Grandweld Shipyard
Developers moving on FSRUs to hit 2028-2030 LNG supply boom, Fearnleys says Near-to-mid-term outlook for FSRUs improved through the second quarter but import volumes fall, broker says
Netanyahu signals resistance to Zim-Hapag-Lloyd merger Israeli government is ready to use 'golden share' to thwart deal
Green Seas: Shipping's energy-saving tech uptake is rising, while emissions data tells a different story Cleantech investments are slowly growing. Is that the only good news?
Tankers seized by India over fuel smuggling go adrift in storm One ship is said to have grounded off Mumbai
Shipping stocks drop after vessel hit in Strait of Hormuz Oslo Shipping Index slides more than 2%
Greek tanker owners bank more than $4bn from shipping Russian oil Dynacom leading the way in terms of revenue since 2023, according to FT research
Projectile hit on LNG carrier revives Hormuz shipping fears Recent security gains face fresh threat after two vessels attacked near Strait of Hormuz
Iran restarts trade with Qatar after five months Ships resume passage between Dayyer and Al Ruwais, diplomat says
Polaris Shipping orders Hengli newcastlemaxes on new Vale charters Owner contracts its first newbuildings in seven years
Clarksons project finance arm closes deals worth $270m in 'incredibly good' first-half Strong shipping markets across tankers, bulk and offshore fuel busy six months
Morten Astrup fund bets on MPC Container Ships and Navigator Holdings bonds Storm Bond Fund returned 0.2% in May
Performance takes pay cut as Aramco extends aframax charter by three years Greek owner says 2011-built tanker to bank $37,700 per day
Projectile strike on tanker revives Hormuz shipping fears Recent security gains face fresh threat after tankers attacked in Strait of Hormuz
AIS spoofing triggers spike in Indo-Pacific maritime cyber incidents AIS deception, rather than conventional cyber attacks, dominates, says Singapore-based watchdog
Weak yen cuts both ways for Japanese shipbuilders Industry figures say the weak yen is a genuine boost for Japanese shipbuilders and shipowners and more complicated than it first appears
US to pay $26.7m more to upgrade research ship newbuildings at Thoma-Sea yard Original contract price had already risen to $199m from an original $178 award, according to government contract data
Private equity firm acquires K&L Freight Management Argosy Private Equity announced Monday that it acquired a controlling interest in asset-light 3PL K&L Freight Management. Financial terms of the transaction were not disclosed. St. Charles, Illinois-based K&L offers expedited ground and air transportation, time-sensitive flatbed and cross-border services, and temperature-controlled logistics. It primarily serves the food and beverage, life scienc
Federal agents targeting illegal truck drivers at weigh stations nationwide Federal immigration agents are now working alongside state troopers at commercial truck weigh stations across the country as the Trump administration intensifies its crackdown on illegal commercial drivers, according to U.S. Border Czar Tom Homan. Appearing on Fox News on Tuesday, Homan said the Department of Homeland Security is partnering with the U.S. Department of Transportation and state law
Broad-based gains for rail freight Industrial products led an overwhelmingly strong week for U.S. freight on the back of increasing manufacturing output. The Association of American Railroads said total U.S. rail traffic for the week ending June 27 was 525,474 carloads and intermodal units, up 7% from the same week a year ago. Commodities increased 3.3% to 232,408 carloads, while intermodal volume was 293,066 containers and traile
Two companies, on same day, ask for relief from HOS rules Two private companies have applied to the Federal Motor Carrier Safety Administration (FMCSA) for relief from Hours of Service (HOS) rules that could lift those restrictions for five years. Exemptions are not the same as waivers from FMCSA, which generally have a much shorter duration. Most of the exemptions that are in place now were granted by FMCSA for four to five years. Many of them are for
LTL carrier Mountain Valley Express shuts down Less-than-truckload carrier Mountain Valley Express confirmed to FreightWaves on Tuesday that it is "no longer operating." An email from the company said, "Existing accounts and services are no longer active as of July 7, 2026." The Manteca, California-based carrier was a small, regional player with 13 terminals in California, Arizona and Nevada. It also offered warehousing and other logistics se
DHL Group raises earnings forecast after pre-tax income jumps 29% DHL Group on Tuesday raised its full-year earnings outlook after posting strong preliminary results for the second quarter, including 10% growth in revenue and a 29% gain in pre-tax income. The Germany-based integrated parcel logistics company said it saw positive demand compared to the same 2025 quarter, which was impacted by tariffs and other trade policy shifts, and continued savings from its
Union Pacific, Norfolk Southern submit more merger data Union Pacific and Norfolk Southern today submitted the first portion of information requested by the Surface Transportation Board when it conditionally accepted their revised merger application May 28. The STB set a deadline of July 27 for the partners to submit the additional data. UP (NYSE: UNP ) and NS (NYSE: NSC ) earlier said that the data would come in two filings. The start of the formal e
Texas hits Walmart with $13M settlement over delivery driver pay Walmart has agreed to pay more than $13 million and overhaul how it communicates pay to delivery drivers in Texas, resolving a state investigation that alleged the retailer misled workers about tips, base pay and incentive earnings through its Spark Driver platform. The settlement, announced Monday by Texas Attorney General Ken Paxton , provides approximately $6.69 million in restitution to affec
Biofuel Boost: How the SEED Act Could Cut Trucking Costs by $1 Billion Summary View Transcript The SEED Act, a federal blenders tax credit, could bring significant relief to the trucking industry and American consumers. Jesús Guerra, President of Energy at Pilot Company, explains how reinstating this crucial policy could reduce fuel volatility, boost domestic production, and ultimately lower costs for everyone. He also touches on the current state of oil markets and
Cargo Theft Surge: What Air Cargo Security Gets Right Summary View Transcript Cargo theft is getting smarter, and trucking is still playing catch-up. Brandon Fried of the Airforwarders Association breaks down how organized thieves are stealing loads through doctored paperwork, email impersonation and weak counterparty checks - and what trucking can learn from air cargo security. This conversation covers known shipper rules, 100% cargo screening, TSA
Ocean Shipping Cartel: Is This Legal? | Rates Surge Summary View Transcript The global supply chain is facing unprecedented challenges, with trucking spot rates hitting record highs and international ocean freight rates soaring. This video breaks down why shippers are paying up, how carrier market power is shaping the industry, and the surprising role of market concentration. Summary unavailable. The post appeared first on FreightWaves.
Fake IDs are Everywhere! How AI Makes Fraud Scarily Easy | Intellicheck CEO Summary View Transcript Identity theft isn't just a personal problem; it's a massive threat to the logistics and supply chain industries. Bryan Lewis, CEO of Intellicheck, reveals how easy it is for criminals to create sophisticated fake IDs, leading to billions in cargo theft and other financial fraud. Discover the cutting-edge technology that can verify identities in milliseconds, protecting yo
Cargo Theft Crisis: Protecting Shipments from Sophisticated Scams Summary View Transcript Supply chain security is more critical and complex than ever, with fraud and cargo theft on the rise globally. Pawan Joshi, CSO at e2open, breaks down how old-school tactics like train heists are making a comeback and why digital platforms are essential to combat these evolving threats. Learn how deep visibility, active tracking, and continuous compliance can secure every
As prices fall, crack spread signals a split in oil markets The benchmark price used for most fuel surcharges has fallen for the 12th time in 13 weeks in an oil market that remains bifurcated to an almost historical level. The Department of Energy/Energy Information Administration average weekly retail diesel price declined 9 cents/gallon to $4.578/g, effective Monday and published Tuesday. That price decline in those 13 weeks would have been consecutive
Transportation pricing index hovers near all-time high in June Transportation rates rose again in June as capacity across the sector tightened further, according to data from a monthly survey of supply chain professionals. The Logistics Managers' Index-a diffusion index in which a reading above 50 indicates expansion, while one below 50 signals contraction-returned a 92.4 reading for transportation prices in June. That was only 3.6 percentage points off the
RNG's Moment Has Arrived For decades, the trucking industry has been promised that alternative fuels would transform how fleets power their operations. For just as long, those promises have bumped up against the hard realities of the road, which included underpowered engines, spotty fueling infrastructure, uncertain economics, and the diesel standard. Chad Lindholm, Senior Vice President of Sales at Clean Energy , says t
The MCSAP bang-for-buck State rankings $44.89. I start there because I am a trucking, blue-collar, diesel, hard-handed, hard-headed truck driver at heart. I just turned into a hybrid expert witness, risk expert, and writer. I say this because I never in a million years thought I'd be here, naming California among the top five in trucking enforcement. EVER. Yet here we are. $44.89 is the cost to put a trained officer's eyes on one truc
AscendTMS expands fraud-fighting toolkit with SearchCarriers integration Aiming to give freight brokers and shippers access to real-time carrier and broker data without additional cost, AscendTMS has integrated carrier intelligence provider SearchCarriers into its Carrier Verification and Qualification (CVQ) system. The integration allows SearchCarriers' continuously updated carrier and broker database to power AscendTMS' built-in CVQ platform, enabling users to verif
Eight charged in alleged $10 million international cargo theft conspiracy Federal prosecutors in New York unsealed an indictment charging eight people in an alleged international cargo theft conspiracy that targeted commercial freight across the United States. Prosecutors allege the organization stole at least $10 million in cargo between March 2023 and the present. The indictment charges Vagan Gulian, Zhirayr Gumruyan, Sevak Kocharian, Araik Setrakian, Vitaly Koshelan
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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