Carnival Corporation sets new GHG emissions intensity reduction target Miami-headquartered Carnival Corporation (NYSE: CCL), the world's largest cruise company, announced a new sustainability target to achieve a 25% reduction in greenhouse gas (GHG) emissions intensity by 2029, measured on an available
HII signs production agreements with Path Robotics and GrayMatter Robotics HII (NYSE: HII) reports that it has reached long-term performance-based production agreements with High-Yield Production Robotics (HYPR) team members GrayMatter Robotics and Path Robotics. The signed agreements are designed to accelerate the
TOTE Services hosts Medium Landing Ship (LSM) Industry Day As we've noted before the Navy is moving to a new acquisition model and, in July, TOTE Services LLC, Jacksonville, Fla., was awarded a $2,206,000,000 firm-fixed-price contract by the Navy's Portfolio Acquisition
Beier Integrated Systems names Kory Beier president and CEO Slidell, La.-headquartered integrated marine systems specialist Beier Integrated Systems has announced changes to its executive leadership team that will see Kory Beier succeed Karl Beier as president and CEO. Karl Beier will
NTSB: Pilot's cell phone use a factor in deadly Houston Ship Channel collision The National Transportation Safety Board (NTSB) said Thursday that a pilot's distraction by cell phone use and failure by a towing vessel to maintain a proper lookout caused a July 19, 2024
CMA CGM extends BALT1 service CMA CGM will extend its Baltic BALT1 service with new calls at Antwerp and Klaipeda. The carrier will also increase capacity on the route. It will replace two vessels of 1,400 TEUs with three vessels of 2,200 TEUs. Revised BALT1 rotation The extended service will follow this rotation: Teesport - Zeebrugge - Antwerp - Rotterdam - Helsinki - Tallinn - Riga - Klaipeda - Teesport The post appeared f
Russia's Arctic sprint and the limits of acceleration In the first weeks of August, Russia assembled a convoy of oil tankers unlike anything the Northern Sea Route has carried before. More than a dozen Suezmax, Aframax, and Medium Range vessels gathered in the Kara Sea, some routed north of 81 degrees latitude waters closer to the North Pole than to the traditional shipping lane
WEC Lines revises NWC-IE service WEC Lines has revised its NWC-IE service between the Northwest Continent and Ireland. The carrier has replaced the Dublin call with Waterford. Moreover, it has added Antwerp to the service rotation. WEC Lines deploys one 1,000 TEU vessel on the route. Revised NWC-IE rotation The service now follows this rotation: Le Havre - Zeebrugge - Antwerp - Cork - Waterford - Le Havre The post appeared firs
United Kingdom port throughput rises in 2025 Ports in the United Kingdom handled 10.83 million TEUs in 2025, representing a 13% year-on-year increase. Total throughput reached 10,828,300 TEUs, compared with 9,621,500 TEUs in 2024 and 9,090,100 TEUs in 2023. London drives UK container growth The Port of London accounted for the largest part of the increase. The figures combine throughput from London Gateway and Tilbury. London handled 2,802,
Maersk enters agreement to sell Maersk Training A.P. Moller - Maersk has entered into an agreement to sell Maersk Training and Maersk H2S Safety Services. OpenGate Capital, an industrial corporate carve-out specialist, will acquire the businesses. However, the transaction remains subject to customary closing conditions and regulatory approvals. Maersk expects to complete the sale later in 2026. Maersk focuses on strategic brands The agreement
Tuas Port surpasses 25 million TEU milestone PSA Singapore has reached a significant operational milestone, handling 25 million TEUs at Tuas Port since the facility commenced operations in September 2022. The achievement reflects the continued ramp-up of the world's largest fully automated container terminal and underscores its growing importance as a critical node in global trade. Tuas Port currently operates 14 berths and is on track to r
Minerva Dry orders new containership series Greek shipowner Minerva Dry has ordered a series of 3,100 TEU containerships from Hengli Heavy Industries. The companies have not disclosed the number of vessels, contract value or delivery schedule. Previous Minerva Dry orders Minerva Dry previously ordered four 6,000 TEU containerships from the same shipyard. In addition, the company contracted five vessels at Penglai Jinglu Shipyard across two
SCI issues tender for up to six container ships Shipping Corporation of India (SCI) has issued an international tender for up to six LNG dual-fuel container ships. The tender covers two firm orders and four optional vessels. Each ship will offer a capacity of 8,000 TEUs. Vessel specifications SCI intends to deploy the new vessels on deep-sea trades. Moreover, each containership will feature around 1,000 reefer plugs. Tender open to internation
CMA CGM completes FATTAL GROUP acquisition The CMA CGM Group has completed the acquisition of FATTAL GROUP through its subsidiary CEVA Logistics. The transaction follows the agreement announced in April . Moreover, it supports CMA CGM's continued growth across the Middle East and North Africa. Expanding integrated logistics services FATTAL GROUP specialises in brand distribution, product promotion and market development across three key s
China's detentions and the weaponisation of port state control Between January and July 2026, a dispute over two container terminals at either end of the Panama Canal produced an unlikely casualty: the Panama flag registry
X-Press Feeders launches EAX service X-Press Feeders has announced the launch of its new Egypt Adriatic X-Press (EAX) service. The fixed-day weekly service will provide a direct connection between Egypt and the North Adriatic. Moreover, EAX will offer ample capacity for refrigerated containers. EAX service rotation The service will follow this rotation: Port Said East - Damietta - Koper - Venice - Port Said East The post appeared f
DP World expands UK logistics operations with six GXO sites DP World has reached an agreement with GXO Logistics to take over six UK contract logistics sites serving grocery customers. The facilities provide more than two million square feet of warehouse capacity and employ over 2,000 people. Five sites operate in England, while one operates in Northern Ireland. They serve Asda, Sainsbury's and the Co-op. The sites will transfer to DP World in September.
PortXchange joins SASHA Coalition to strengthen port emissions insight PortXchange has joined the SASHA Coalition as its first member focused on port emissions and operational intelligence. The coalition brings together companies developing sustainable energy systems for shipping and aviation. These systems include renewable hydrogen and zero-emission technologies. Moreover, the SASHA Coalition advocates for policies that support their development and adoption. Brin
Thordon Bearings adds SAI Engineering to distributor network Thordon Bearings has appointed SAI Engineering as an authorised distributor, expanding its global sales and service network. SAI Engineering is a marine engineering and naval architecture company headquartered in Vancouver, British Columbia. Its technical team has more than 10 years of experience in vessel electrification, bearing and seal installations, and retrofit projects. Supporting newbuild
Tuas Port reaches 25 million TEUs PSA Singapore has handled 25 million TEUs at Tuas Port since operations began in September 2022. The milestone reflects the continued expansion of operations at the fully automated container terminal. It also highlights Tuas Port's growing role in global trade. Strengthening global trade connections Tuas Port supports cargo flows as maritime trade responds to changing geopolitical conditions. The
Klaveness Combination Carriers takes delivery of final third-generation CABU vessel Klaveness Combination Carriers ASA (KCC) has taken delivery of MV Baltazar from New Yangzi Shipyard in China. The vessel is KCC's third and final contracted third-generation CABU newbuilding. Its delivery completes the company's CABU III newbuilding programme. Moreover, MV Baltazar brings KCC's fleet to 19 combination carriers. Designed for Australian trades MV Baltazar will carry caustic soda so
The deal everyone is calling a reopening isn't one Tehran and Muscat are drafting a Hormuz arrangement this week that reads, on close inspection, less like shared governance and more like Iran buying a co-signature for permanent control with the Gulf's power map shifting in ways that don't quite match the popular script
DP World and Balco Australia sign logistics agreement DP World and Balco Australia have signed a new multi-year logistics agreement, strengthening a long-standing partnership to enhance the efficiency and resilience of the export supply chain for Australia's premium forage products. Under the agreement, DP World will support the movement of more than 10,000 TEUs annually through dedicated road transport, equipment management and integrated logistics
Port of Auckland reaches deck laying milestone at Bledisloe North Wharf Port of Auckland is celebrating a major construction milestone at its new Bledisloe North wharf, with the laying of the first precast panel slab marking the beginning of the final phase of construction. The deck laying phase involves the installation of 290 precast concrete panels, approximately half cast on-site and half off-site, transforming the structure into a ship-ready facility. The Bledis
South Korea makes play for large-scale ship recycling South Korea is pushing to establish a larger presence in green ship recycling, with Elegant Exit Company teaming up with local recycler RM Company and ISSAC Green Tech to develop what the partners say could become one of Asia's largest dismantling hubs. The three companies have signed a memorandum of understanding covering a facility capable ...
Sompo moves to close GPS jamming insurance gap Japanese insurer Sompo Japan has launched what it claims is the shipping industry's first insurance coverage specifically targeting economic losses caused by radio interference with ship navigation systems. The new cover, available from this month, compensates owners when interference with satellite positioning systems leaves a vessel unable to operate even though the ship has suffered ...
ADNOC L&S makes $1.3bn VLCC and VLGC swoop Abu Dhabi-listed ADNOC Logistics & Services has put $1.3bn to work on an 11-ship buying spree, picking up six VLCCs and five VLGCs through secondhand and newbuild resale deals. Nine ships - all six VLCCs and three VLGCs - have been acquired on the secondhand market and are due for delivery in the third quarter. ...
Splash Wrap: The sea acquires its gates For centuries, the commercial appeal of the sea has rested on a simple proposition: once outside territorial waters, ships could move with comparatively few physical barriers. The oceans were the great open infrastructure of globalisation. That assumption is weakening, as many of the stories covered this week by Splash attest. The clearest example is the ...
BP buys out Woodside in Trinidad deepwater gas field Supermajor BP has agreed to acquire Woodside Energy's interest in the Calypso gas project in Trinidad and Tobago. The British-based firm will acquire a 70% interest in Block TTDAA 14 where the project is located. The acquisition will increase the company's stake to 100% and transfer operatorship to BP. The transaction is expected to close ...
Federal settlement drives RWE out of US offshore wind German utility RWE has agreed to surrender three US offshore wind leases in return for a $1.22bn settlement with the Department of the Interior, ending the company's plans to develop projects off New York, California, and Louisiana. The agreement resolves legal claims brought by its subsidiary RWE US Offshore after the company concluded that its ...
Yangzijiang Maritime takes vessel sales to $500m with bulker quartet Yangzijiang Maritime Development has agreed to sell four newbuild bulkers, taking the Singapore-listed company's contracted vessel sales to $500m across 12 ships in nine months. The latest 40,000 dwt quartet is scheduled for delivery between April 2027 and May 2028. Yangzijiang Maritime did not disclose the buyer or the value of the latest contracts. The ...
Iran weighs ban on US and Israeli ships in Hormuz Iran is considering banning US- and Israeli-linked vessels from transiting the Strait of Hormuz as Tehran and Oman move closer to agreeing a new system for managing traffic through the waterway. A draft bill before Iran's parliament would prohibit vessels belonging to the US, Israel and other countries Tehran considers hostile from using the strait ...
SLB to upgrade well stimulation vessel under Equinor agreement Energy technology company SLB and Norwegian energy major Equinor have signed a multi-year agreement for advanced reservoir stimulation services across the Norwegian Continental Shelf. The deal includes a major upgrade of the 2012-built well stimulation vessel Island Captain and secures dedicated capacity to support development of tight offshore reservoirs and help maximise recovery from future ...
German bulker hit repeatedly in Russian drone attack Russian forces repeatedly struck a German-owned bulk carrier off Odesa this week, including an attack as its crew was abandoning ship. The Liberian-flagged, 175,000 dwt Emil, linked to Hamburg-based Johann M. K. Blumenthal, was hit by several Russian drones on August 5 around 21 nautical miles from Odesa. Technical systems were disabled, a fire broke ...
US sanctions push SeaLead Shipping into liquidation Singapore-headquartered SeaLead Shipping is being liquidated, marking the final chapter in one of container shipping's most dramatic rises and falls of recent years. Splash understands the company has moved into liquidation following sweeping US sanctions imposed last month that effectively cut the liner operator off from normal international business. The move comes little more than ...
Ningbo Ocean Shipping enters car carrier market with Europe service Ningbo Ocean Shipping has entered the car carrier market, launching its first roro service to Europe with the brand new 7,000 ceu LNG dual-fuel Clean Star. A maiden voyage ceremony was held this week at the Meixi Ro-Ro Terminal in Ningbo-Zhoushan Port. The vessel is loading more than 5,400 new energy vehicles before heading for ...
China Merchants firms up second DSIC shuttle tanker China Merchants Energy Shipping (CMES) has exercised an option for a second shuttle tanker at Dalian Shipbuilding Industry Co (DSIC), firming up its debut programme in the specialised sector. The Shanghai-listed owner placed the original order through its Hong Kong subsidiary Associated Maritime Co at the end of last year, signing for one firm 154,000 ...
Seaspan becomes first international shipowner to tap panda bond market Bing Chen-led Seaspan Corporation has become the first international shipowner and operator to access China's domestic panda bond market, raising RMB1.5bn ($209m) through a three-year private placement. The bond was issued with a coupon of 2.5% and attracted strong demand from both Chinese onshore and international investors. The orderbook was 2.3 times covered. The transaction ...
War, disruption and rerouting fail to derail container demand An estimated 2m teu may have been lost to disruption in the Middle East Gulf, but strong demand across Europe...
Huge jump in boxes offloaded at wrong port as Hormuz fighting hits UK economy 'When you book a container with a shipping line, it doesn't go on a journey, it goes on an adventure,'...
Swedish seizure could prompt shadow fleet flag pivot Following a Swedish court ruling that a vessel could be transferred to Ukraine after it was suspected of transporting 'stolen'...
LNG carrier rates shrug off Hormuz risk as Atlantic market plunges An unusual Atlantic decline signals that the Hormuz blockade is losing its grip on LNG carrier earnings as weak fundamentals...
Dry bulk ordering 'under control' says Star Bulk Despite an uptick in vessel contracting in the first half of 2026, limited shipyard capacity and an ageing fleet leaves...
China's shipbuilding dominance rolls on, but delivery may be the next test China's shipbuilding dominance shows no signs of slowing, but the proliferation of new yards and swelling orderbooks are raising questions...
Red Sea shipping stabilises after July's Houthi blockade shock Bab el Mandeb vessel traffic is down by almost a quarter as Houthi blockade reshapes Red Sea shipping
Oman sends in teams to clean up leaking shadow fleet tanker Satellite imagery shows oil coming from the vessel, which is currently aground off the Al Hallaniyat islands south of Oman
Global ship recycling gains momentum with wave of ferry, reefer and tanker sales India continues to strengthen its competitive position through improved regulatory compliance, while demand has picked up in Bangladesh and Pakistan...
ONE triples profit forecast to $900m amid Middle East disruption ONE bets on freight rate strength persisting through September as geopolitical disruption and port congestion absorb new capacity
Daily Briefing Hormuz deal nears, but shipping warned risk will remain 'extreme' | Japan proposes taking net zero out of IMO Net-Zero...
Data centers pulling on already shrinking pool of US truck capacity Each gigawatt of US data center expansion requires 100,000 truckloads, and experts question whether existing truck capacity is sufficient to meet the construction demand.
Ocean carriers redraw the marine terminal landscape A string of major port investments this summer highlights how ocean carriers are increasingly locking in marine terminal capacity.
US retailers downgrade July import forecast, but see healthier year-end July's imports will come in far lower than originally expected, while the end-of-year outlook appears more bullish, according to the latest Global Port Tracker from the National Retail Federation.
Low water on Rhine limits cargo access to German industrial heartland Should the supply chain constraints lead to cuts in production at factories upriver, it could have significant economic implications for Germany, an analyst warns.
Fragmented equipment sector raises new risks for project logistics The shift from a global to regional approach for heavy transport providers has changed the risk profile for project engineering.
Week of hope on Hormuz solution puts shipping stocks on slide Product tankers, gas carriers fare worst on a week when broader markets rallied
Wavelength podcast: Chokepoint tolls - the spread of a bad idea Plus, China's increased focus on Arctic shipping
The three Irans: US negotiations with Tehran complicated by competing factions Iran's president wants to end the war, but the Revoluionary Guards' leader may be calling the shots
Return of El Nino could provide tailwinds for Genco and dry bulk trade
Investigators call for pilot phone ban after deadly US collision Report finds phone distraction led to at least 10 casualties and three deaths in 15 years
Maersk to divest training unit in deal with OpenGate Capital Danish logistics giant sells another business as it continues to focus to core strategic operations
Wavelength podcast: Chokepoint tolls - the spread of a bad idea Plus, China's increased focus on Arctic shipping
Diana Shipping nets pay rise from new capesize deal with NYK Greek owner fixes 2022-built bulker for up to three years from 2027
Paddy Rodgers at centre of strike dispute as maritime museum workers plan walk-out Former Euronav boss tells TradeWinds about financial constraints in the museum sector
China eases Panama crackdown after CK Hutchison terminal bust-up Safety checks appear to be linked to row over Chinese concessions at Panama Canal terminals
'We'll find you': Shadow fleet master claims he was threatened before ship boarding Georgian master Avtandil Kalandadze is due to be sentenced in a US court on Friday over runaway tanker saga
Peter Georgiopoulos-backed SeaArctos slams state of emissions monitoring Boss Fredrik Fuglesang tells TradeWinds there is little recourse for breaching control area rules
Container shipping market shows 'resilience' as volumes climb All eyes are on freight rate trends in the second half of the year, says CTS
India joins race to bypass the world's biggest oil chokepoint Broker Alibra Shipping says the latest plan to avoid the Middle East Gulf chokepoint faces key challenges
US must help bring the rogue ship registry fuelling Iran's war into line Washington should seize the moment to help Palau rebuild a credible flag, says former top US Coast Guard lawyer Melissa Bert
Dragons boats to battle it out in London for OSCAR in September Oldendorff, Union Maritime, Miller Insurance, Pacific Basin, Borealis Maritime, Tysers, Steamship Mutual, the Baltic Exchange and AM Nomikos among those taking part
Iran claims Strait of Hormuz attacks despite rumoured talks progress Purported strikes follow navigation plan hashed out between Iran and Oman
US-sanctioned liner company enters voluntary liquidation Former high-growth container carrier SeaLead Shipping has ceased trading after alleged Iranian shipping links
BW LNG poised send LNG steam ship to China for FSRU conversion job Twenty-year-old ship named for new role as regas vessel
Investor Brookfield grabs Oaktree stake in Torm as part of takeover move Giant Canadian investor now controls 100% of US asset manager that has been selling stock in tanker company
Chinese yard breaks into product tankers with six-ship order Clarksons details deal for vessels due from Nantong plant in 2028 and 2029
Trafigura sinks African lawsuit over Thenamaris tanker cargo Refiner Sonara had cancelled letter of credit for petrol sold by trader in quality dispute
Special surveys are tightening geared bulk fleet supply, says Precious Shipping This bodes well for Bangkok-based shipowner, one of the largest market players in this sector
VLCC owner Al Seer cuts losses after avoiding Strait of Hormuz delays Abu Dhabi group says it has kept all 18 ships operating during Middle East crisis
VLCC owner Al Seer cuts loss after avoiding Strait of Hormuz delays Abu Dhabi group says it has kept all 18 ships operating during Middle East crisis
Seaspan claims pioneering sale of Chinese 'panda' bonds in $222m deal Hong Kong-headquartered tonnage provider says transaction shows investor confidence
Japanese owner Kuribayashi takes a hit as bunker costs outrun surcharges Shipping division swings to loss as Japanese owner struggles to pass on higher fuel costs
Panama Canal faces fresh draught cuts as it grapples with El Nino impact Waterway's authority learning the lessons from 2023 drought crisis
China Merchants Energy inks second newbuilding deal in five days The state-owned shipping giant doubles down on suezmax tankers order
Adnoc L&S details $1.3bn spend on VLCCs and gas carriers Abu Dhabi-based giant's secondhand and resale market raid has netted it six VLCCs and five VLGCs
Seafarer dies following arrest in drugs raid on container ship Indian crew member reportedly found hanged in cell
Oman tackles oil spill from sanctioned tanker hit by Ukrainian saboteurs Response teams being sent to the Caroline Bezengi off the Hallaniyat Islands
Abandoned capesize bulker reported drifting in the Black Sea after Russian drone hits JMK Blumenthal ship was attacked on 5 August and relentless Russian strikes continued against three ships on Friday
MOL rides bullish dry bulk, energy and chemical markets into stronger first quarter Like other shipowners, Japanese shipping giant has benefited from trade disruptions caused by conflict in the Middle East
Yangzijiang Shipbuilding's first-half earnings surge on stronger shipbuilding margins The Chinese shipbuilding group posts 28% jumped in net profit
Port authority seeks to extract itself from lawsuit over deadly Grimaldi car carrier fire Italian car carrier operator and families of dead firefighters push back against request for judgment
Transition Trucking Award names 2026 Elite 11 semifinalists Veteran hiring has become one of trucking's steadiest talent pipelines. Once a year, the industry puts 11 names and a new truck behind that idea. Kenworth, Fastport and the U.S. Chamber of Commerce Foundation's Hiring Our Heroes initiative on Wednesday named the semifinalists, the "Elite 11," for the 2026 Transition Trucking: Driving for Excellence award. The Transition Trucking award enters its
CargoNet reports $304.6M in losses, Scott Cornell says Q2 theft drop is no trend yet Fewer cargo theft reports did not mean smaller losses during the second quarter, according to Verisk CargoNet's analysis . The intelligence network documented 677 incidents across the United States and Canada. That total fell 26% from Q2 2025. It also dropped 14% from the previous quarter. Estimated cargo losses nevertheless climbed to $304.6 million during the three-month period. That figure mor
Asia ocean line in $135M expansion of US box terminal A West Coast port is upping its container game with a major equipment upgrade. The Port of Tacoma's Washington United Terminals has signed a contract with HD Hyundai Samho of South Korea for four new cranes. Opened in 1999, WUT is operated by HMM (formerly Hyundai Merchant Marine) ( 011200.KS ) of Seoul, the world's eighth-largest liner operator. HMM and Samho. are separate companies in different
Mexico plans major expansion of busiest cross-border truck crossing The Mexican state of Tamaulipas plans to begin work by the end of the year on a major expansion of the World Trade Bridge in Nuevo Laredo, a project aimed at increasing truck capacity and speeding freight flows through one of North America's busiest freight corridors. Tamaulipas Secretary of Public Works Pedro Cepeda Anaya said construction on the Puente Internacional Nuevo Laredo III, commonly k
Indiana truck inspections sideline more than 1,100 drivers and vehicles During July, Indiana State Police inspectors uncovered more than 8,600 commercial trucking violations and placed nearly 1,200 drivers and vehicles out of service during an enforcement push that included several multistate safety operations. The Indiana State Police Commercial Vehicle Enforcement Division conducted 4,703 commercial motor vehicle inspections from June 15 through July 15, according
Miinor change in truck job numbers, bigger shift in warehouses There were 100 more workers in truck transportation in July than in June, according to the Bureau of Labor Statistics. But there were a lot fewer warehouse workers than a month earlier. The monthly jobs report showed truck transportation employment dropping by those 100 positions in July relative to June. It also reflected a downward revision of 1,500 jobs from the initial report of truck transpo
Truck enforcement sweeps sideline 30 drivers, 49 vehicles across US, Canada Commercial vehicle enforcement agencies across the U.S. and Canada are stepping up roadside inspections and targeted operations, placing dozens of truck drivers and vehicles out of service for violations. Recent enforcement actions in Arizona, Nebraska, New York, British Columbia and Saskatchewan resulted in hundreds of violations, along with citations and out-of-service orders. The violations ra
Why 47.5 is a scary number for East Coast ports Drier weather and drought conditions are expected to complicate supply chain operations on key water routes from Panama to Europe. The Panama Canal Authority this week announced it will reduce the maximum draft for cargo vessels from 49.5 feet to 47.5 feet in a series of reductions slated through early September. The adjustment comes amid drought conditions after a dry rainy season lowered water
BlueGrace Logistics acquires Idaho 3PL Truk TMS Managed logistics provider BlueGrace Logistics announced it has acquired Idaho-based 3PL Truk TMS. Truk TMS had been operating as a BlueGrace partner and will now have full access to the company's technology platform, which leverages data to drive better outcomes. Financial terms of the transaction were not disclosed. "Truk TMS has operated as one of our most trusted partners, and this acquisitio
Penske firms reversed twice on appeals, Montgomery a factor The Fifth Circuit Court of Appeals has reversed two earlier lower court decisions that were initially victories for companies in the sprawling Penske empire, with one of the reversals tied directly to the Supreme Court decision in Montgomery vs. Caribe Transport II. In a decision handed down earlier this week, the Court of Appeals for the Fifth Circuit found that an earlier dismissal of broker Pe
Rail merger a failure on first sight, shippers protest A coalition of industrial shippers say plans to create the first coast-to-coast railroad still don't provide enough data for regulators to make a proper review. Union Pacific (NYSE: UNP ) and Norfolk Southern (NYSE: NSC ) in four filings have failed to provide basic information to allow their transcontinental tie-up to move forward under the Surface Transportation Board's merger rules, shippers c
Daimler to build largest US truck manufacturing plant One of the largest truck manufacturing plants in the U.S. does not have an address yet. It instead has a supervisory board signature, with construction to start in late 2026. The headcount is projected in the thousands. Daimler Truck North America said Thursday that Daimler Truck's supervisory board approved plans for a new greenfield facility in the U.S. It's purpose-built for vocational and on-
The SMB shipping trap: Trying to go it alone Small business shipping costs are climbing from four directions at once: tariff exposure, higher fuel, rising last-mile rates and carrier rule changes that arrive with little notice. Most of the shippers absorbing those increases do it without a trade compliance staffer or a dedicated logistics analyst on the payroll. Tom Madine, CEO of ShipStation Global, said the reflex in that segment is to wo
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