U.S. DFC unveils $20BN plan for maritime reinsurance in the Gulf U.S. International Development Finance Corporation (DFC) CEO Ben Black and U.S. Treasury Secretary Scott Bessent today announced agreement on a detailed implementation plan, approved by President Trump, to deploy mritime reinsurance, including
Q&A with ZF Marine: Inside ZF's evolving approach to inland propulsion Sponsored Content: As inland vessel operators continue to balance performance, efficiency, and evolving environmental expectations, propulsion technology has become an increasingly important part of the conversation. From harbor maneuvering to long-distance towing
L&T launches first of three Indian Navy cadet training ships The Krishna, the first of three domestically-built Indian Navy cadet training ships has been launched in a ceremony at the Larsen & Toubro (L&T) Shipyard, Kattupalli, Chennai. Classified by the Indian Register
Interior proposes cutting costs of offshore decommissioning guarantees The U.S. Department of the Interior is proposing changes to a rule put in place in 2024 that substantially increased financial assurance requirements for the offshore oil and gas industry operating on
Seatrium delivers Maersk Offshore Wind's innovative WITV Singapore's Seatrium Limited has now delivered the innovative Wind Turbine Installation Vessel (WTIV) ordered by Maersk Offshore Wind in March 2022 for deployment at the Empire Wind 1 offshore wind farm. Delivery
Burger Boat Company mourns the passing of Don O'Keeffe Manitowoc, Wisconsin-based Burger Boat Company today announced the passing of longtime Burger naval architect Don O'Keeffe, whose influence on the company's engineering and yacht design legacy spanned decades. O'Keeffe, who passed away
Onboard carbon capture as a transitional option for shipping Sponsored Content: As pressure mounts on shipowners to reduce emissions while maintaining operational flexibility, onboard carbon capture is drawing serious attention across the maritime sector. Many vessels will continue operating on carbon
Strategic Marine delivers two new Supa Swaths to Mainprize Offshore Following the 2024 deliveries of the Supa Swaths MO10 and MO11, Scarborough, U.K.-based Mainprize Offshore has now taken delivery of two more of the advanced offshore wind support vessels from Singapore-headquartered Strategic
CMA CGM announces rate increase and Beira Port Congestion Surcharge CMA CGM has announced new freight rate adjustments affecting trade between South Asia and East Coast South America, along with a new port congestion surcharge from Mozambique. Rate Increase from India and Pakistan to East Coast South America To maintain reliable service on its regional routes, CMA CGM will increase rates on shipments from India and Pakistan to East Coast South America. The adjust
ONE FY2026 Premier Alliance: FE1, FP2 & XKS service updates via Cape of Good Hope Ocean Network Express (ONE) announces updates to its FE1, FP2, and XKS services under the FY2026 Premier Alliance, optimizing Asia-Europe connectivity via the Cape of Good Hope route. These adjustments aim to improve transit efficiency, operational reliability, and customer service quality. FE1 Service (Far East - Europe 1) Current Rotation: Laem Chabang - Cai Mep - Singapore - (Cape of Good Hope
Four corridors, no slack: The Iran war completes a maritime System failure Operation Epic Fury did not trigger multi-corridor shipping stress it completed it. With the Strait of Hormuz effectively closed and Houthi operations reactivated in the Red Sea, the global network has run out of buffers. This content is locked Select a CN Premium Subscription Package To Unlock The Content! The post appeared first on Container News .
Explainer: How commercial shipping built Its own strategic cage Five converging vectors rerouting, overcapacity, dual-use shipyards, terminal leverage, and nearshoring are not separate risks. This content is locked Select a CN Premium Subscription Package To Unlock The Content! The post appeared first on Container News .
Hapag-Lloyd suspends IG1 and KWF services amid Middle East security risks Hapag-Lloyd has announced the temporary suspension of its IG1 and KWF services due to the worsening security situation in the Upper Gulf region, which continues to disrupt vessel movements and port operations. Services Suspended from March 6, 2026 Effective March 6, 2026 , and until further notice, both services will be suspended as carriers respond to operational and security constraints affect
Premier Alliance FY2026 PN1 service update Ocean Network Express (ONE), Yang Ming Marine Transport Corporation, and HMM have announced updates to the Pacific North 1 (PN1) service under the Premier Alliance FY2026 network. These changes are part of an ongoing effort to optimize network structure, enhance schedule reliability, and reduce transit times amid evolving port conditions and operational challenges. Key Changes Xiamen Call Discont
Maersk launches AE19 Service Maersk has announced the launch of its new AE19 service , part of its East-West network and the Gemini Cooperation, providing direct links between Asia, the Mediterranean, and Jeddah, Saudi Arabia . Service Rotation Xingang - Qingdao - Busan - Ningbo - Shanghai - Tanjung Pelepas - Cape of Good Hope - West Med hub - East Med hub - Jeddah - West Med hub - Cape of Good Hope - Singapore - Xingang The
ANL / CMA CGM issues emergency diversions for Middle East shipments As regional tensions escalate, ANL / CMA CGM has activated emergency protocols affecting all shipments to and from key Middle East ports. The safety of crews, vessels, and cargo remains the highest priority. Affected Ports Iraq (Port of Umm Qasr) Bahrain Kuwait Yemen Qatar Oman United Arab Emirates Kingdom of Saudi Arabia These measures include vessel deviations, contingency port discharges, and
Neptune Pacific suspends Middle East-South Pacific bookings Neptune Pacific Direct Line (NPDL) has announced the temporary suspension of new bookings to and from Gulf and other Middle East destinations , effective immediately, due to the ongoing conflict in the region. The company said the measure aims to protect the safety and security of its teams, agents, and partners while the situation remains uncertain. Supply chain impact expected NPDL acknowledged
ONE introduces emergency surcharge for Red Sea and Persian Gulf shipments Ocean Network Express (ONE) has announced an Emergency Surcharge (EMS) for shipments to and from Red Sea and Persian Gulf countries. The surcharge addresses ongoing security risks, operational disruptions, and port congestion in the Middle East. It is effective immediately and will remain in place until further notice. Red Sea EMS: Saudi Arabia, Jordan, and Egypt The Red Sea EMS applies to all im
RCL declares end of voyage in Sohar and Khor Fakkan as Middle East tensions escalate Regional Container Lines (RCL) has issued two customer advisories announcing End of Voyage declarations at the ports of Sohar and Khor Fakkan due to the escalating conflict in the Middle East and growing security risks affecting maritime operations. The carrier said the measures were necessary due to volatile conditions and exceptional circumstances beyond its control . Voyages affected For shipm
Wan Hai issues Middle East service advisory amid escalating tensions Wan Hai Lines has issued a service advisory for shipments involving the Middle East following the escalation of military actions between the United States and Israel against Iran , which has created an increasingly unpredictable security environment in the region. The carrier said it is closely monitoring developments and reaffirmed that the safety of crews, vessels, and cargo remains its highest
Hapag-Lloyd suspends OGS, UG2 and UGS services amid Middle East disruptions Hapag-Lloyd has announced temporary changes to several liner services due to the ongoing conflict in the Middle East and its impact on regional operations. The carrier will suspend the OGS, UG2 and UGS services until further notice . The company said the measures aim to maintain operational stability and ensure reliable service during the disruption. At the same time, the PKS service will continu
Maersk suspends FM1 and ME11 services, halts Gulf shuttles amid conflict Maersk will temporarily suspend services connecting the Far East and Middle East to Europe due to the escalating security situation in the Gulf region. The carrier will also suspend shuttle services in the Gulf. The company will suspend the FM1 service connecting Far East to Middle East and the ME11 service connecting Middle East to Europe. Maersk made the decision as a precautionary measure to e
Hapag-Lloyd adjusts services due to Middle East conflict Hapag-Lloyd will temporarily adjust its AGX, IMX and IOS services due to the ongoing conflict in the Middle East. The carrier will introduce a new SE4 service to ensure continued reliability and operational stability. The company will suspend the AGX and IMX services. The IOS service will no longer call at Jebel Ali. The new SE4 service will operate with the following rotation: Tianjin Xingang, Q
MSC offers Asia-Mediterranean route for cargo to Iraq via Türkiye MSC Mediterranean Shipping Company has introduced new logistics options for inland cargo moving to Iraq, offering competitive transit times from Asia via Türkiye. The company said the solution responds to the current security situation affecting shipping in the Middle East. MSC's Tiger and Phoenix services connect Asia with Türkiye and provide inland transport options into Iraq. Cargo moving on t
IUMI monitors marine insurance risks in the Persian Gulf and Red Sea The International Union of Marine Insurance says the marine insurance sector is closely monitoring the security situation in the Middle East. Insurers are particularly focused on the safety of shipping in the Persian Gulf and the Red Sea . IUMI stressed that the safety of seafarers remains the top priority for shipowners and the wider maritime industry. The situation remains fluid. Several vessel
OOCL suspends Gulf bookings amid Strait of Hormuz crisis Orient Overseas Container Line (OOCL) has temporarily suspended new bookings to several Gulf countries due to escalating tensions in the Middle East and restrictions on maritime traffic through the Strait of Hormuz . The company instructed its vessels to maintain a safe distance from the Persian Gulf and the Strait of Hormuz as a precautionary measure. Booking Suspension OOCL has directed all off
Hanseatic Global Terminals appoints new Regional CEOs Hanseatic Global Terminals (HGT) has announced new leadership appointments to strengthen its global executive structure and support its expansion strategy. Mauricio Carrasco will become Regional CEO for Europe, leading the company's operations across the continent starting March 15. At the same time, Rodrigo Galleguillos has been appointed Regional CEO for Latin America, succeeding Carrasco. The
Bunker prices surge in Week 10 amid Middle East tensions Global bunker indices (MABUX) recorded a sharp increase in Week 10, driven primarily by escalating geopolitical tensions in the Middle East, which significantly impacted energy markets. According to Sergey Ivanov, Director, MABUX , the sharp escalation in the region has created immediate pressure across the global fuel complex and accelerated price volatility. The 380 HSFO index surged by US$ 112
Hellmann appoints new VP for Global Automotive Logistics Hellmann Worldwide Logistics has appointed Rahul Bhasin as Global Vice President of Hellmann Automotive Logistics, strengthening its focus on the fast-changing automotive sector. Bhasin will report directly to Alexandra Olvera, the company's Chief Commercial Officer. He will lead Hellmann's global automotive logistics activities as part of the group's strategy to expand its role as a logistics pa
Jinhui continues fleet renewal with $23.5m ultramax sale Oslo-listed dry bulk owner Jinhui Shipping and Transportation has agreed to sell one of its ultramax bulk carriers as it continues to streamline its fleet. The Hong Kong-based outfit said it has struck a $23.46m deal with Hongkong Yiming Shipping for the 2014-built 63,485 dwt bulker Jin Ping, with delivery set between June 1 and ...
China Merchants unit orders LNG-powered Yangtze bulkers China Merchants Group is expanding its greener inland fleet, with subsidiary Changhang Freight (Zhoushan) contracting two LNG-powered bulk carriers at a domestic shipyard. The newbuildings will be constructed by Jiangxi New Jiangzhou Shipbuilding Heavy Industry, and will each measure about 20,000 dwt. The vessels are designed as river-sea direct bulkers for Grade A navigation areas ...
South Korean owners turn to Chinese yard for new boxship tonnage South Korea's Namsung Shipping and Dongyoung Shipping have turned to China for new tonnage, placing orders for four containerships at CSSC's Huangpu Wenchong Shipbuilding. The two Korean operators have contracted the Guangzhou-based yard, together with China Shipbuilding Trading Co, for a pair of 4,300 teu containerships and two 1,900 teu feeder vessels. The deal marks ...
Splash Wrap: Iran front and centre Ships under attack, oil spills, soaring tanker rates, punishing bunker bills, 20,000 stranded seafarers and 3,200 marooned vessels - just some of the takeaways from the first week of Operation Epic Fury, the Trump administration's bid - in cooperation with Israel - to reduce the perceived threat posed by Iran. The ongoing war has led ...
VLCC day rates rocket above half-million dollars Amid soaring tanker rates, a US-led naval coalition has warned shipping that stationary vessels and ships on predictable routes are "credible" targets for sabotage across the Middle East, after a tanker linked to the Stena-Sonangol suezmax pool was struck off the Iraqi coast. The Combined Maritime Forces' Joint Maritime Information Center (JMIC) advisory underscores that ...
Trump administration targets rollback of offshore decom rule The Trump administration plans to scrap a Biden-era rule requiring some oil and gas companies to set aside billions of dollars in extra financial assurances for decommissioning offshore platforms. The US Department of the Interior said the rollback will save the industry $484m annually in compliance costs. The Biden administration's 2024 rule required oil and ...
New children's book from port of Long Beach aims to inspire young environmental stewards The port of Long Beach this week debuted Soleil the Sea Lion Explores the Green Port, a children's book, penned by Art Marroquin, the port's media relations manager, with illustrations from San Jose-based Michelle Dinh. Coinciding with Read Across America Week, the book was launched during an assembly held at Birney Elementary School in Long ...
Chevron taps Hanwha Ocean for Leviathan platform expansion South Korean shipbuilding major Hanwha Ocean has been awarded the Leviathan expansion module fabrication project by US supermajor Chevron. Located offshore Israel, the Leviathan expansion project entails the fabrication of additional modules to be integrated into the currently operating platform, increasing the field's production. Since the third quarter of 2024, Hanwha Ocean has supported Chevro
US grants 30-day waiver to let Russian crude already at sea be delivered to India The US Treasury has issued a narrowly targeted, 30-day sanctions waiver allowing Indian refiners to accept Russian-origin crude and petroleum cargoes already loaded aboard tankers by way of helping fill the gap left by the ongoing war between Iran and the US/Israeli coaliton, which has paralysed hundreds of tankers in the Middle East. The waiver ...
Romania's Mangalia shipyard courts strategic investors Romania's Damen Shipyards Mangalia has formally entered the decisive stage of its insolvency restructuring after judicial administrator Casa de Insolventa Transilvania (CITR) submitted a reorganisation plan to the syndic judge. The Romanian yard, under insolvency since June 2024, aims to resume full activity through a business transfer to a strategic investor while preserving jobs and ...
Lamprell secures ONGC subsea pipeline replacement deal UAE-based fabricator Lamprell has been appointed by ONGC to deliver the pipeline replacement project PRP-IX off the coast of India. The contract covers the replacement and laying of approximately 285 km of subsea pipelines of various sizes across ONGC's assets. The fields covered by the pipeline replacement project are the Western offshore fields, Mumbai High, ...
TGS lines up offshore wind and oil and gas surveys Oslo-listed seismic data specialist TGS has announced a new acquisition campaign for the Ramform Vanguard seismic vessel during the upcoming European summer season, following its winter-stack period. The campaign is scheduled to begin in mid-March with an oil and gas site survey, followed by two offshore wind contracts. The current plan extends acquisition activities well ...
How this year will define the future of shipping technology Every year, Maritime CEO reaches out to ask the industry for what they see as the big tech developments or breakthroughs we should anticipate. Answers are carried below. As we move through 2026, the maritime industry is entering a critical maturation phase. The initial gold rush of digital adoption - where the mere act of ...
Customs ordered to refund $166bn in tariffs but it can't comply (yet) The landmark ruling against IEEPA tariffs has been followed by a flurry of legal action: importers are moving to get...
'Massive subsidies' needed to implement Trump vision of US maritime dominance Washington lawyer says US president 'unfazed' by cost, which he plans to meet from port fees
No large tankers tracked entering the Middle East Gulf in past two days The Strait of Hormuz may not be officially closed, but not one tanker above 10,000 dwt had entered the Middle...
CMA CGM projects restrained container shipping growth for 2026 amid global instability French shipping and logistics group said the container sector is normalising after several years of disruption, but still faces volatility...
Diana enlists support from Star Bulk to beef up bid for Genco If successful, two Greece-based publicly listed owners would carve up Genco fleet, with Star Bulk taking 16 of the bulkers...
Tug hit by missile while assisting stricken boxship Tug Mussafah-2 would be the 10th vessel to be attacked since the conflict in the Middle East began, with several...
Qatar warns of lasting economic pain from Iran war supply shock Oil could go to $150 a barrel and gas to $40 per mmbtu if the Strait of Hormuz stays closed...
Chinese bulker's Hormuz run sparks interest but not a rush yet Bulker Iron Maiden may have made it through Hormuz, but one voyage is not enough to reopen the route for...
Britannia sees growth in entered tonnage No details on underwriting performance, which was worst in IG last year
Cargo capacity will remain strong despite Middle East escalation London market specialists say surplus capacity remains despite rising geopolitical risk following US-Israel strikes on Iran, though rates may shift...
Boxship sale-and-purchase activity slows but buyer interest remains firm Container market participants will be closely watching geopolitical developments, as prolonged disruption in the Middle East Gulf could tighten vessel...
US grants India general licence for Russian crude imports sparing sanctioned tankers amid Hormuz turmoil The licence will improve the state of crude oil flows into India, which have been severely choked following the country's...
Middle East port update: Friday, March 6 Strait of Hormuz traffic remains severely disrupted and shipping companies continue to avoid transits through the strait amid elevated security...
The Daily View: Their word is still their bond
Sanctioned tanker laden with flammable gas runs Hormuz gauntlet An Iran-trading VLGC was transiting eastwards through Hormuz on Friday morning. LPG carries typically carry highly flammable propane and butane...
They all said Hormuz closure would be brief. What if they were wrong? On day six of the Middle East war, hope of a swift reopening of the Strait of Hormuz is fading...
Daily Briefing P&I clubs hit Middle East war risk buyback deadline, but pricing not cheap | They all said Hormuz closure would...
CMA CGM preps for challenging year after 2025 revenue, profit decline The carrier said it would rely on the diversification of its activities, network flexibility and financial strength to weather the uncertain outlook this year.
Gemini suspends, revamps Middle East services amid growing conflict The service disruptions come as freight tracking platform Vizion said Friday there has been an 81% drop in daily bookings placed by shippers looking to import goods into key Persian Gulf ports.
CMA CGM adds direct India-USWC string as part of Asia network overhaul The new express service comes amid expectations of a rebound in capacity demand with the easing of tariffs between the two countries and ongoing trade negotiations.
Intercontinental Exchange to launch container freight futures in April The push to launch futures contracts for container shipping has gained momentum in recent years given the seemingly never-ending volatility and disruption in the market.
IMO chief condemns deadly Strait of Hormuz tug attack Tug was attempting to tow a container ship that was adrift after being struck by a missile on Wednesday
Not good enough: First analyst weighs in on Diana's increased bid for Genco Shipping Genco tells shareholders to sit tight while its board reviews offer from Diana Shipping-Star Bulk alliance
Baltic tanker FFA curve suggests VLCC rates party may be ending soon Futures market in backwardation with drop expected as soon as April
Capesize spot earnings plunge 24% in three days as Middle East war props up bunker costs Charterers were still paying more for large bulker tonnage
CMA CGM sees fourth quarter profit evaporate with Middle East key in 2026 Red Sea crucial to market balance and freight rates this year
Qatar offers out at least 10 LNG carriers as relet vessels amid Strait of Hormuz market shock Search for cargoes ramps up with suppliers' lines 'ringing off the hook'
Wavelength podcast: Episode 100. War risk, rates and bad planning? Plus, making European shipping great again: The Commission's industrial maritime strategy
Tsakos Energy showers profit on founder Captain Panagiotis' 90th birthday New York-listed owner is bullish going forward, amid soaring freight tanker rates
China Merchants unit orders LNG-powered bulker newbuilding double China Changhang Freight goes for handysizes at the reborn domestic shipyard
Connecticut Maritime Association moving flagship event to Houston for 2027 CMA Shipping event returns to Stamford next week, but there's a Texas two-step in store for next year
Tsakos Energy showers profit on founder Capt Panagiotis' 90th birthday New York-listed owner is bullish going forward, amid soaring freight tanker rates
Avenir reveals bio-LNG supply deal penned with Maersk in 2025 Volumes to be delivered in Europe from next year to chime with Danish owner's first LNG dual-fuel container ships
Diana and Star Bulk team up with offer to carve up Genco fleet Greek bulker companies increase pressure on US owner as acquisition battle takes another twist
Danaos ups bulker orderbook at Chinese yard breaking into newcastlemaxes John Coustas spends close to $300m on his first bulker newbuildings
SFL unlocks cash flow and dividend potential with $170m rig contract Hercules goes from warm stacking to earning $425,000 per day
Eight feared dead after vessel attacked in Strait of Hormuz Tug was going to a container ship that was adrift after being struck by a missile on Wednesday
VLCC fixed at record $770,000 per day as 120m barrels lost from Middle East Tanker crossings through Strait of Hormuz are still very limited
New Indian checks to deter dark fleet scrapping, cash buyer Wirana says CEO Rakesh Khetan believes enhanced scrutiny will provide a lifeline for compliant breakers
US lifts ban on Russian shadow fleet ships to India in 'stopgap' move Sanctioned tankers loaded with Russian oil before 5 March can supply Indian refiners
Qatar's energy minister warns of weeks to months of disruptions to Gulf shipments Minister tells FT Middle East war could 'bring down the economies of the world'
Iran war adds to an unpredictable environment for GSL Turning Strait of Hormuz into a chokepoint adds more uncertainty to global container trades, says chairman Youroukos
Yamal LNG cargoes flow into Europe as Putin threatens to cut gas supply EU imports face double squeeze from Middle East shut-ins and ban on Russian volumes
Guiding Star: Scarlett Barnett-Smith is leading the way for female health at sea Founder aims to ensure that female seafarers always have access to period products, and hopes to stimulate more open conversations around women's health at sea
Wah Kwong carries out Hong Kong's first green methanol bunkering with pioneering tanker Manager says operation involved China Merchants car carrier
Red-hot LNG spot market paves way for open vessels, says Flex ABG Sundal Collier says Qatar outage is bad for LNG shipping
Jinhui banks profit on bulker sale to fuel fleet renewal Hong Kong owner sees book gain of $3.2m on latest deal
Baltic shipowner makes rare foray into newbuilding market Estonia's Amisco contracts cargo ships at Jiangsu Dajin in China
US lifts ban on Russian shadow fleet ships to India in 'stop-gap' move Licence allows for sanction-hit ships loaded with Russian oil before 5 March to supply Indian refiners
Pyxis Tankers ready to act 'aggressively' on fleet expansion with $100m war chest Greek company has increased time charter coverage this year amid geopolitical risk
Himalaya Shipping scores premium for newcastlemax bulkers in February ABG Sundal Collier sees upside to consensus estimates
Emarat Maritime named as first owner to take Hengli-built VLACs Newbuilding duo set to mark owner's entry into gas shipping sector
Great Eastern swoops for Japanese kamsarmax at hot price Serial buyer continues spree with Tokei Kaiun ship
Genco adds $80m to loan to fund 2020 Bulkers newcastlemax buys US owner upsizes $600m facility to take over vessels built in 2020
China in talks with Iran over safe passage for crude tankers and Qatar LNG carriers Diplomatic sources say Beijing is unhappy about restrictions in Strait of Hormuz
Almost all newbuilding discussions include questions about wind propulsion 'Reward factor' under FuelEU boosts returns on green tech, says ship design firm
Southern California ports and Singapore gear up to renew green corridor partnership Original three-year deal is set to expire in April
Fierce bidding lifts former Bourbon anchor handler sale to $10.8m Six bidders battle through 63 offers in online auction
Cash buyer arrests vessel, claiming its alleged Russian connections destroyed deal Case highlights the difficulties of doing deals on ships that have Russian links in their past
Here's where container rates will go in extended Iran war As the U.S. threatens to escalate attacks against Iran, the shutdown of a key Persian Gulf shipping lane is causing congestion at regional ports that threatens to spread to the global supply chain. Now entering its second week, the undeclared war has hampered ports and vessel movements in the region as Iran effectively shuts down the Strait of Hormuz, the narrow passage to the Persian Gulf. "The
Air cargo shippers scramble to mitigate Iran war impacts Businesses are rushing to secure alternative airlift for cargo shipments and bracing for higher freight rates and surcharges from airlines as continued airspace and airport closures in the Middle East due to the Iran war constrain aircraft availability and force lengthy detours, effectively reducing available capacity. Even if the bombing were to end this weekend it would take several days to eli
White Paper: 7 Reasons Security Guards Aren't Enough Protection Cargo theft doesn't start on the highway. It starts in your yard. Cargo theft doesn't start on the highway. It starts in your yard. Parked trailers, dark terminals, and guard blind spots are the moments criminals wait for. This practical guide shows trucking companies, 3PLs, and shippers where guard- only security falls short - and how a layered approach protects cargo, drivers, and operations. I
Intermodal lags carloads in latest U.S. rail freight data Rail traffic for U.S. carriers was up by a small margin for the week ending Feb. 28, according to the Association of American Railroads. Volume was 516,729 carloads and intermodal units, a gain of 1.6% over the same week a year ago. That included 238,131 carloads, up 6.9%, and 278,598 containers and trailers, down 2.5%. Grain again boosted traffic, up 20% from the same week in 2025. Petroleum and
Trucking jobs post slight decline in unexpected total payroll drop The stunning decline in total U.S. payrolls reported Friday in the nonfarm payrolls report-down 92,000 jobs when a slight gain was expected-could count the small decline in trucking jobs as a contributor to the shortfall. Seasonally adjusted truck transportation jobs in February reported by the Bureau of Labor Statistics fell just 500 jobs to 1,462,500 jobs. That was down from a January revised n
White Paper: State of the Industry - March 2026 The March 2026 "State of the Industry Report" - presented in affiliation with Ryder - shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates. In this report, you will find: Winter Storm Fern has proven to be the most disruptive event sin
The rise of 'Vibe Coding' and what that means for FreightTech The era of software as a moat is over. The era of "vibe coding" has begun. To find out what that means for logistics, FreightWaves interviewed John Loser, co-founder and general partner of Floating Point Advisors. For Floating Point Advisors , an early-stage venture fund, the real opportunity lies in backing founders who can rebuild entire industries from scratch using artificial intelligence and
Redwood Logistics acquires Laredo customs broker EELCO Redwood Logistics has acquired EELCO, a Laredo, Texas-based customs brokerage and warehousing provider, a move aimed at strengthening Redwood's cross-border logistics platform. The deal comes as cross-border supply chains between the U.S. and Mexico grow more complex due to nearshoring trends, evolving tariff policies and stricter trade compliance requirements. "We've built a very strong cross-bo
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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