U.S. strike disables would-be blockade buster Marivex CENTCOM said yesterday that U.S. forces had disabled the unladen oil tanker M/T Marivex in the Gulf of Oman, June 8, after the vessel violated the ongoing U.S. blockade of Iran by
New Bayou Metal production line supports Romulus USV production HII (NYSE: HII) reports that Bayou Metal Supply & Manufacturing, a strategic partner in the serial production of HII's Romulus unmanned surface vessels (USVs) has launched a dedicated manufacturing line at its
Eastern Shipbuilding Group delivers Falcon for Fisher Island community Panama City, Fla.-based Eastern Shipbuilding Group Inc. announced the successful delivery of the vehicle-passenger ferry Falcon to the Fisher Island Community Association (FICA) in Florida. The Falcon will provide reliable and modern
Lloyd's Register signs MoU to advance wind-assisted MR tanker design Lloyd's Register has signed a Memorandum of Understanding (MoU) with K Shipbuilding, bound4blue and the Liberian International Ship & Corporate Registry (LISCR) to jointly develop a 50,000 dwt MR tanker incorporating wind-assisted
FMC welcomes Commissioner Robert J. Harvey On June 1, Robert J. Harvey of Florida was sworn in as a Commissioner of the Federal Maritime Commission (FMC). Harvey was nominated by President Trump on September 3, 2025, to serve
ID Logistics opens 50th site in Poland ID Logistics Poland has opened its 50th logistics site in the country, strengthening its position in one of Europe's key logistics markets. The new facility is located in Wroclaw and covers 24,000 square metres. It will support the ramp-up of the largest and most environmentally friendly European factory operated by a major global food industry company. The opening marks another milestone in ID L
DNV joins DCSA+ to advance maritime data exchange DNV has joined the Digital Container Shipping Association's (DCSA) DCSA+ partnership programme to support trusted and standardized data exchange across container shipping. The partnership brings DNV's Veracity platform into DCSA's efforts to improve interoperability and connectivity throughout the maritime supply chain. Veracity is a cloud-based platform that enables maritime stakeholders to secu
AD Ports Group launches trial operations at Safaga terminal in Egypt AD Ports Group has launched trial operations at Noatum Ports - Safaga Terminal in Egypt ahead of the facility's full commercial opening later this year. His Excellency Lieutenant-General Eng. Kamel El Wazir, Egypt's Minister of Transport, and Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, toured the new terminal alongside senior officials. The visit included a
APSEZ secures marine services contract for LNG export project Adani Ports and Special Economic Zone has secured a 10-year marine services contract for the Southern Energy FLNG project in Argentina, marking APSEZ's entry into South America and extending its international marine services footprint to a new continent. The contract was awarded to APSEZ's step-down subsidiary Adani Harbour International FZCO through a 51:49 joint venture with Argentina-based Mer
Panama Canal to lower Neopanamax draft limit in July The Panama Canal Authority (ACP) will reduce the maximum authorized draft for vessels transiting the Neopanamax locks from July 1. The new limit will be 49.5 feet (15 metres), a reduction of 0.5 feet from the current maximum draft. ACP said the measure is precautionary and reflects lessons learned during the severe water shortage that affected canal operations in 2023 and 2024. The restriction co
Klaipeda Port opens Lithuania's first green hydrogen station Klaipeda Port has opened Lithuania's first green hydrogen production and refuelling station, marking a major step in the country's clean energy transition. The new facility will supply green hydrogen for passenger vehicles, heavy-duty trucks, ships and port operations. It aims to support the development of a low-emission transport ecosystem in Lithuania. "Only a few years ago, green hydrogen at K
Port of Portland approves logistics centre lease adjacent The Port of Portland has approved a ground lease for PDX West Logistics LLC, a project entity formed by Capstone Partners, to develop a 950,000 square foot logistics and distribution hub on a long-vacant site on NE 33rd Avenue adjacent to Portland International Airport. The US$ 130 million development is projected to create over 500 permanent jobs and generate US$ 4.4 million in state and local t
Port Everglades demonstrates significant economic impact Port Everglades generates approximately US$ 48.3 billion in economic activity and supports nearly 300,000 jobs throughout Florida, according to a new study by maritime industry analyst Martin Associates covering fiscal year 2025. The significant increase over previous reports reflects a methodological expansion to capture the full economic impact of the port's petroleum distribution operations, w
Explainer: China's legal architecture for supply chain control When the United States and China agreed to a trade truce earlier this year, markets read it as the beginning of de-escalation. They may have misread it
Hyundai Glovis establishes vehicle logistics hub at port of Amsterdam South Korean shipping and logistics company Hyundai Glovis will establish its first European vehicle logistics hub at the Port of Amsterdam, following an agreement signed on May 28 between Port of Amsterdam, Hyundai Glovis and Koopman Logistics Group. Operations at the new facility are scheduled to commence on January 1, 2027, with Hyundai Glovis taking approximately 47 hectares of land into use.
HJSC and HD Hyundai Avikus partner on autonomous navigation technology HJ Shipbuilding & Construction (HJSC) signed a memorandum of understanding (MOU) with HD Hyundai Avikus to advance autonomous navigation technology. The agreement supports HJSC's strategy to develop next-generation smart vessels and strengthen its position in the high-value shipbuilding market. The companies signed the MOU on June 4 during Posidonia 2026 in Athens. HJSC CEO Yoo Sang-cheol and HD
Port of Tripoli welcomes largest container ship in its history Port of Tripoli has reached a major milestone with the arrival of CMA CGM EUGENIE , the largest container vessel ever to berth at the Lebanese port since its establishment. Operated by CMA CGM , the vessel measures 366 metres in length and has a carrying capacity of nearly 15,000 TEU, making it one of the largest container ships currently deployed on international trade routes. The successful cal
MSC updates Emergency Fuel Surcharge on European short-sea trades Mediterranean Shipping Company (MSC) has announced an update to its Emergency Fuel Surcharge (EFS) applicable to cargo moving between Northern Europe, North East Mediterranean, intra-Europe short-sea markets, and intra-Greece, Türkiye and Black Sea trades. The revised surcharge will take effect from 1 July 2026 based on the Bill of Lading date and will remain in force until further notice. Update
Container vessel sinks off Batam, all crew rescued The Tanzania-registered container vessel GOLDEN STAR 1 sank approximately 6 kilometres off Batam, Indonesia, on June 5 at around 2230 local Singapore time. According to initial reports, the vessel took on water before sinking. Indonesian authorities rescued all nine crew members safely. No injuries have been reported. The Maritime and Port Authority of Singapore (MPA) has issued navigational broa
U.S. container imports rebound in May despite trade uncertainty U.S. containerized imports increased in May as seasonal demand returned after April's slowdown, according to Descartes' June Global Shipping Report. Imports reached 2.43 million TEUs in May, up 6.6% from April and 11.5% compared with May 2025. The increase follows the seasonal pattern typically seen in May, when import volumes usually exceed April levels. Figure 1. U.S. Container Import Volume Ye
CMA CGM introduces new PSS from Asia to Africa trades CMA CGM announced new Peak Season Surcharges (PSS) for shipments moving from Asia to West and East Africa. The new charges will take effect from June 15, 2026, until further notice. For shipments from Southeast Asia to West Africa, CMA CGM introduced a surcharge of US$500 per TEU. The surcharge applies to all West Africa ranges. It covers both dry and reefer cargo moving under short-term contract
Explainer: How China rewrites rules without firing a shot On Sunday, June 7, four Chinese government ships entered restricted waters off Taiwan's southern tip. Taiwan dispatched seven coast guard vessels
KONGSBERG and DRASS partner to develop advanced underwater systems KONGSBERG and DRASS have signed a strategic partnership agreement to develop advanced underwater technologies and defense solutions. The companies aim to respond to growing demand for autonomous underwater systems, sensing technologies and robotics. The partnership will focus on exchanging technologies, systems, payloads and operational architectures. Both companies plan to combine their expertis
X-Press Feeders launches CEX service X-Press Feeders has announced the launch of its new China East Mediterranean X-PRESS (CEX) service, expanding direct connectivity between China, the Red Sea and the East Mediterranean region. Scheduled to commence on June 23, 2026, the CEX service will mark the carrier's first direct connection between China and the East Mediterranean, providing access to key regional gateways including Alexandri
OceanScore and Anglo-Eastern strengthen EU ETS and FuelEU Maritime compliance efforts OceanScore and Anglo-Eastern Univan Group are working together to support compliance with the European Union Emissions Trading System (EU ETS) and FuelEU Maritime regulations. The cooperation began in mid-2025 as Anglo-Eastern prepared for the phased introduction of new decarbonization requirements. The companies are focusing on data management, cost allocation and regulatory reporting across ves
Greek bulker owner Icon Energy dips into container shipping Nasdaq-listed Greek dry bulk owner Icon Energy is branching out beyond its core market, taking a minority stake in a feeder containership employed on a long-term charter. The Ismini Panagiotidi-led outfit has agreed to acquire about 5% of an entity being formed to purchase a 2,000 teu geared feeder vessel built in 2008. The ship ...
Chinese bulker owner Pingtan Minghui breaks into tanker sector Pingtan Minghui Shipping has entered the tanker sector for the first time, ordering a pair of LR2 product carriers at a Chinese shipyard. The Fujian-based owner has contracted Taizhou JianXing Heavy Industry to build two 114,000 dwt tankers through its subsidiaries Tianjin Minhui Shipping and Tianjin Afera Shipping, according to company disclosures. The vessels are ...
International Seaways lines up LR1 newbuilds in South Korea International Seaways has returned to the newbuilding market after a two-year break, lining up up to four LNG-ready product tankers in South Korea. Multiple shipbuilding sources report that the New York-listed tanker owner has contracted two firm 74,000 dwt LR1 product carriers at K Shipbuilding, with options for two additional vessels. The two firm ships ...
UK seeks new developer for abandoned 1.5GW offshore wind farm The Crown Estate plans to launch a competitive tender process this month for the Morgan offshore wind site in the Irish Sea, with the aim of finding a new developer in late 2026. The site has the potential to deliver up to 1.5GW of capacity, providing electricity for up to 1.5m homes. Initially, the Morgan ...
CM Energy unveils next-gen CSOV design Hong Kong-based offshore and clean energy technologies provider CM Energy has unveiled a new class of construction and service operation vessel (CSOV). The so-called Meridian Class CSOV is a next-generation vessel platform specifically developed to meet the evolving requirements of the global offshore wind industry. The vessel is designed to North Sea standards and optimised ...
Keyfield snaps up AHTS vessel to bolster offshore fleet Malaysian offshore vessel owner Keyfield International has acquired a 2014-built anchor handling tug supply (AHTS) vessel for $7.35m (RM29.6m) in cash, as part of its fleet expansion strategy. The vessel, to be renamed Keyfield Joyful, previously operated in Indonesia, Australia, Singapore, and Bangladesh. It is expected to be deployed in the second half of 2026 ...
Thenamaris broadens tanker newbuild programme Greek owner Thenamaris has added more tankers to its growing newbuilding programme, confirming fresh orders in South Korea and China as it continues one of the most active fleet renewal campaigns. The Nikolas Martinos-led company has confirmed an earlier-reported order for two 50,000 dwt MR2 product tankers at HD Hyundai Heavy Industries, with deliveries scheduled ...
VLCC orderbook hits record high The world's supertanker orderbook has reached a record high, eclipsing the ordering frenzy of 2008 that ultimately flooded the market and sent freight rates into a prolonged collapse. There are currently 262 very large crude carriers (VLCCs) on order at shipyards around the world, according to Clarksons Research. VLCC contracting in the year to date ...
Diana scales back Genco campaign ahead of crunch shareholder vote The boardroom battle between dry bulk owners Diana Shipping and Genco Shipping & Trading has taken another turn, with Diana sharply reducing its challenge ahead of Genco's annual meeting later this month. The New York-listed Greek owner said it has withdrawn four of its six director nominees, leaving only former Eagle Bulk chief executive Jens ...
Maritime crackdown expands from Hormuz to the Med US forces disabled a VLCC in the Gulf of Oman yesterday after the vessel attempted to breach Washington's naval blockade of Iran, while the European Union simultaneously escalated pressure on both Tehran and Russia's shadow fleet. US Central Command (CENTCOM) disabled the Palau-flagged Marivex (pictured) on June 8 after the unladen vessel transited international waters ...
Suez Canal to impose steeper transit charges from mid-July The Suez Canal Authority (SCA) is raising additional transit surcharges for most vessel classes from July 15, increasing costs for tankers, gas carriers, bulkers and containerships using the strategic waterway. Under a series of newly issued navigation circulars, the Egyptian canal operator will increase temporary surcharges applied on top of standard transit dues, citing prevailing ...
SLB OneSubsea secures Thunder Horse boosting work in Gulf of Mexico SLB OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has been awarded a contract by supermajor BP to provide a subsea boosting system for the Thunder Horse project in the deepwater part of the US Gulf of Mexico. This engineering, procurement, and construction contract for Thunder Horse follows recent subsea boosting contract ...
Containership orderbook marches toward 40% of fleet The containership orderbook to fleet ratio has reached a new post-2010 high of 39%, according to data from consultancy Linerlytica with the total order backlog of 1,630 ships for 13.28m teu. "We continue to see firm projects in both the mid-size and larger segments, with a number of expected to firm up before the summer ...
Mermaid Maritime teams up with DS Global to revive laid-up DSV Thai offshore specialist Mermaid Maritime has set up a Singapore-based joint venture with DS Global Offshore Engineering to reactivate and commercialise an offshore support vessel. The joint venture company, DS Mermaid, will serve as the investment and operating vehicle for the reactivation and future deployment of the Mermaid Commander DSV. Under the arrangement, the vessel ...
TGS secures European offshore wind site characterisation job Oslo-listed seismic data specialist TGS has been awarded an offshore wind site characterisation contract in Europe. The Ramform Vanguard survey vessel is scheduled to commence data acquisition in early August, with a contract duration of approximately three weeks. The company will use its Ultra High Resolution 3D streamer technology to deliver detailed imaging of shallow ...
Van Hui Shipping enters cape segment Shanghai-based Van Hui Shipping is behind last week's widely reported sale of Nissen Kaiun's Imabari-built 181,000 dwt Ehime Queen. The 10-year-old capesize attracted a handful of offers, with initial reports placing the deal between $55m and $57.5m. Now sources tell Splash the ship is fixed at $57.5m. The firm price tag indicates a shortage of ...
BP books Noble semisub for UK drilling campaign Offshore drilling giant Noble Corporation has been awarded a three-well drilling contract with supermajor BP for one of its semisubmersibles. BP awarded a deal to the 2016-built Noble GreatWhite offshore UK. The contract has an estimated duration of 150 to 210 days at a dayrate of $320,000 per day, plus a $5m mobilisation fee. The ...
Sincere Navigation sells VLCC to Sinokor Tanker S&P activity has been quiet in recent weeks, with many industry players tied up networking at Posidonia, but brokers in the Far East have still been busy. Sources tell Splash that Taiwanese owner Sincere Navigation is down to one VLCC, parting with its second VLCC this year. The company has parted with the 2011-built, ...
Cargo giants back Splash Singapore debut Splash Singapore has added a powerful roster of charterers and cargo interests to its inaugural conference programme, reinforcing the event's ambition to become the most commercially relevant gathering on the Asian shipping calendar. Created by the organisers of the chartering heavy Geneva Dry conference, Splash Singapore is bringing together both sides of the freight equation, ...
The fear was that Trump policies would stifle US imports, yet demand endures Trump's tariffs and the war with Iran were predicted to be bad for US goods import demand - a negative for...
Non-Iranian Gulf traders increasingly rely on dark transits The number of non-Iran-linked vessels going dark while transiting the Strait of Hormuz surged in April and stayed elevated through...
'Double payment' for emissions should be avoided, EU Council says Brussels appears to have answered calls from shipowners by approving text that would allow EU climate measures to be adjusted...
S&P revises Steamship outlook to negative after second straight underwriting deficit Poor 2025/26 performance mainly down to 60% jump in payouts, accounts suggest
Quarter of mainstream tankers have exited Gulf but over 160 ships still marooned As risks around the Strait of Hormuz remain elevated, most shipowners are likely to maintain a highly cautious stance
Petraki exits Wista presidency with warning that industry cannot confuse visibility with equality Elpi Petraki leaves a stronger and more globally connected Wista, but cautions that improved representation at the top does not...
India's crude flows hold steady as Russia and UAE offset Red Sea risks Total imports have fallen since the crisis began. A fourth US waiver on Russian crude oil would mitigate any additional...
Suez Canal hikes surcharges by 12% for most vessel types Almost all vessel classes have been hit by rate increases, as the Houthis declare a ban on Israeli vessels operating...
ABS calls on IMO to allow carbon credits for efficiency gains US class society ABS has called for the IMO to make compliance with a global green framework easier by allowing...
Middle East port update: Tuesday, June 9 Shuaiba and Shuwaikh ports in Kuwait are at ISPS Level 2
Containership orderbook set to breach 40% as smaller Chinese yards ride the wave Containership orderbook nears 40%, though still short of the 50%-plus peak around the 2008 financial crisis
Daily Briefing From TACO to NACHO: The pricing logic behind the tanker stock rout | Choose your fighter: New IMO plans set...
Drayage operators in Long Beach rewarded for purchasing EV trucks The port is giving financial awards to early purchasers of EV trucks as it works toward its goal of being the "world's first carbon-free port," CEO Noel Hacegaba said.
Senate Democrats push USTR on China-linked port fees Elizabeth Warren and Mark Kelly want the Trump administration to reinstate port fees against China's maritime industry after their one-year suspension expires in November.
Partner complaints put Hub Group payment practices under spotlight The company is dealing with the fallout from a $77 million accounting error that has delayed its financial reporting, led to the departures of its CFO and COO, and is possibly behind slow payments to some third-party vendors.
Canada's 'Driver Inc.' model faces renewed scrutiny as Ottawa expands enforcement The Canadian Trucking Alliance estimates that worker misclassification deprives federal and provincial governments of more than C$1 billion annually in tax revenue, while safety concerns also grow.
Canadian appeals court rejects green group's claim over $10bn Equinor oil project's shipping impact Judicial panel upholds lower court ruling halting lawsuit over environmental approval
Wavelength: Hafnia offloads and a P&I first as Britannia promotes female lead underwriter Plus, IR class boss Arun Sharma on keeping shadow fleet vessels safe
Lawmakers call on Trump's trade chief to restore port fees on China-linked ships Mark Kelly and Elizabeth Warren say fees are critical to revitalising US shipbuilding
Wavelength: Hafnia offloads and a P&I first as Britannia promotes first female lead underwriter plus, IR class boss Arun Sharma on keeping shadow fleet vessels safe
Iranian regional command blacklisted by EU over Strait of Hormuz toll Two senior officials were also targeted for threatening shipping and operating the toll system
Russia calls on IMO to solve sanctions issues for salvage of drone-damaged LNG ship Flag state exempt from liability as vessel was struck in act of 'deliberate military action' by Ukraine, Russian authorities say
Navios Maritime named as 'cheapest stock' with bulker fleet offering upside ABG Sundal Collier gives 'buy' rating to Greek shipowner
MSC snaps up feeder vessel from Brazilian unit Log-In Sale of 2,714-teu boxship for $23.5m comes with charter-back agreement
Sinokor stretches its lead in VLCC market with Sincere Navigation secondhand deal South Korean owner and its partner MSC snap up vessel built in 2011
'Drunk' Russian chief officer arrested after cargo ship collides with yacht Olymp Trader reported to have hit the side at port
New Russia sanctions package targets bunker vessels No word on mothballed ban on maritime services but the bloc wants limits on sales of LNG carriers to Russia
Sinokor poised to cash in from Strait of Hormuz reopening as tankers flock to region Shipowner repositioned some VLCCs into Gulf of Oman recently, AIS shows
Russia
-trading tankers to be inspected by EU's Mediterranean naval force Eunavfor Irini, originally set up for Libya, has quietly started boarding 'shadow fleet' vessels
Putin demands nuclear ice breaker drive to open up Arctic shipping United Shipbuilding Corp says three vessels are being built, with one due for completion this year
Pangaea Logistics' director shake-up leaves Strategic Shipping with more board influence Three directors with more than a decade on the board shown the exit door
Scorpio Tankers linked to three-year charters for newbuildings in Valero deal World's biggest refiner is reported to have snapped up Chinese vessels from November
Maran Dry Management sells capesize brace to Chinese trader Chinese buyer is understood to have picked up the two units
Middle East crisis fails to slow global container growth Cargo rerouted to new trade lanes drives volumes higher - even as freight rates surge
Putin demands nuclear icebreaker drive to open up Arctic shipping United Shipbuilding Corp says three icebreakers are being built with one due for completion this year
AD Ports shipyard reveals landmark 22-vessel order worth $350m Safeen Drydocks is building ropaxes for parent company and support ships for Nigerian shipowner
TotalEnergies venture snaps up Purus wind ship on five-year charter French major's Dutch project with RWE is stepping up construction
Russia's Novatek moves to buy 10 ice-class LNG ships from MOL and Hanwha Ocean Six Arc7 newbuildings and four existing ice-strengthened vessels set to switch owners
'Painful to be patient': DHT chief on newbuildings, M&A and tanker cycles Svein Moxnes Harfjeld on how DHT is playing the VLCC boom in its own style
Trafigura strikes debut tanker charter deal with Pelagic Partners Cypriot owner describes LR1 fixture as important milestone in its energy operations
First LNG carrier to escape Gulf nets premium price for Asyad at the scrapyard Omani owner and Japanese partner make a profit on disposal of 2001-built Sohar LNG
LNG carriers transit Strait of Hormuz in defiance of double blockade Middle East producers are managing to move more product out of the Gulf
EU transport ministers pledge to protect owners from 'paying twice' for clean fuels But blueprint fails to address key shipowners' demand in view of global solution at IMO
Kongsberg Maritime hikes growth targets amid shipbuilding boom Oslo-listed supplier targets 10% annual growth over five years
Purus linked to LNG carrier order at Samsung Heavy Industries This would take shipowner's tally at Geoje yard to four
VLCCs needed: Adnoc offers crude cargoes from inside Middle East Gulf Second such tender in a week reported from UAE producer
Nowhere to hide: Space Norway targets 'dark fleet' with satellite radar Spoofing and other deceptive practices may be no use against an all-seeing eye in the sky
Ultranav-backed drone maker eyes global growth after new funding round Danish company Upteko brings on board more investment expertise for its push in defence sector
Hunter's unpaid VLCC charter hire hits $28m as counterparty ducks latest payment Norwegian group says withholding of another $10m for May is 'without merit'
Chinese bulker company Pingtan Minghui Shipping dives into LR2 tanker segment Another Chinese shipyard joins the LR2 trend
Chinese shipowner weighs Taiwan court challenge over $33m grounding Salvage costs mount as insurer has yet to settle total-loss claim
Tanker burning in Gulf of Oman was hit by US fighter jet Vessel was sanctioned for carrying Iranian fuel oil and bitumen
Frontload frenzy? New tariffs fueling early trans-Pacific peak season The peak shipping season is "well underway," says an analyst, as box rates ride a wave of frontloading spurred by more tariffs, and spreading Mideast tensions push up fuel costs. Rates hikes and assorted surcharges by carriers that took effect June 1 sent Asia-U.S. West Coast prices up by 51% in the latest week, according to the Freightos Baltic Index, to $4,836 per forty foot equivalent unit (FE
Calling devs: SONAR launches Driver App Shortage Hackathon FreightWaves SONAR will launch its first virtual Driver App Shortage Hackathon (DASH) starting Monday to address the lack of software built primarily for truck drivers. Scheduled for June 15-22, 2026, the hackathon challenges developers, designers and industry newcomers to spend seven days building a minimum viable product focused on improving the daily lives, wellness and retention of profession
White Paper: AI Agent Readiness and Adoption in Freight AI is moving beyond experimentation and into everyday freight operations. From automating repetitive tasks to supporting operational decisions, AI agents are creating new opportunities for efficiency across the supply chain. To understand how the industry is responding, FreightWaves and Trimble surveyed carriers, brokers, shippers, and owner-operators, and the results reveal where organizations a
FedEx pilots approve new contract, ending protracted bargaining Unionized pilots at FedEx Corp. have ratified a new labor contract, with 83% voting in favor of the collective bargaining agreement following more than five years of bitter negotiations, the Air Line Pilots Association announced on Tuesday. The four-year FedEx ( NYSE: FDX ) agreement, which takes effect on June 29 and becomes eligible for updating in December 2030, addresses multiple areas of emp
Retail diesel continues to fall while some voices fear what's ahead Diesel prices are continuing on a mostly downward trend, with the benchmark price used for most fuel surcharges falling to one of its lowest levels since military action against Iran commenced at the beginning of March. The Department of Energy/Energy Information Administration average weekly retail diesel price was published Tuesday, effective Monday, at $5.21/gallon. It is the lowest price sinc
PepsiCo and Gatik launch commercial driverless trucking deployment PepsiCo and Gatik on Monday announced a multi-year strategic partnership that stands as the largest commercial autonomous freight deployment to date. The deal brings fully driverless trucks into one of the world's most demanding consumer goods supply chains. Operations are already live across Texas, Arizona and Arkansas. "Serving our vast network of customers requires a supply chain that is safe,
DHL Express offers luggage storage as World Cup travelers descend on US DHL Express on Tuesday announced a new partnership with Stasher, a global platform for temporary luggage storage, to provide travelers across the United States with a convenient, flexible way to store and ship their belongings. The service launches as people begin visiting the United States for the World Cup soccer tournament. Through the partnership, travelers can securely store luggage at parti
Authorities seize millions in counterfeits, drugs across North America Federal authorities across the U.S. and Canada reported a string of major cargo crime investigations during April and May. The enforcement disrupted drug trafficking networks, intercepted counterfeit luxury goods, and seized millions of dollars in illegal imports moving through ports, border crossings and parcel facilities. The cases underscore the growing role of supply chains in criminal enterp
Amazon Relay Is Tackling Freight Fraud, Incentivizing Safety, and Gearing up for Prime Day Freight fraud is no longer a fringe concern. It's a systemic risk that touches every corner of the trucking industry from double-brokered loads to identity theft to cargo that simply vanishes between origin and destination. The second-order consequences of someone else's fraud can be just as damaging for carriers as the fraud itself. Amazon Relay , the tech giant's free carrier-facing load board
UP CEO says no thanks to potential government investment in $85B merger Union Pacific is not interested in seeing the federal government invest in the railroad as part of the Norfolk Southern merger, UP Chief Executive Jim Vena said. "We're a company that can afford to handle what the price is for this deal," Vena said in an interview with CNBC, "and we do not need anybody's help to do this." President Donald Trump had raised the possibility of the government acquiri
Donald Broughton, long-time analyst of freight markets, dies suddenly Donald Broughton, the bowtie-wearing analyst of freight markets who spoke before conference audiences and television viewers likely hundreds of times, has died. Broughton's research firm, Broughton Capital, had not issued a statement regarding Broughton's death as of publication time. The company's website does not contain an announcement of his passing. Facebook contained numerous tributes to Br
Samsara wins trade secret suit against former employee Fleet telematics and technology company Samsara has settled a trade secret dispute with a former employee who left to join competitor Motive. Under the terms of the agreement the ex-employee will pay an undisclosed sum and accept permanent restrictions after breaching the employment agreement. A Thursday filing with the U.S. District Court for the Northern District of California showed a stipulat
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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