Preliminary injunction allows construction to resume at Ørsted's Revolution Wind One of the first of the many court challenges to the latest Trump Administration attempts to shut down U.S. offshore wind development has met with initial success. Danish sustainable energy developer Ørsted
BV grants AiP for wind-assisted LNG carrier China's Dalian Shipbuilding Industry Co., Ltd. (DSIC) has unveiled a new generation of decarbonization-focused vessel designs. They include a wind-assisted 175,000 cubic meter LNG carrier that has received Approval in Principle (AiP)
ABS and Siemens Energy in new JDP on lithium-ion battery thermal runaway ABS and Siemens Energy have signed a joint development project (JDP) agreement to advance the understanding of thermal runaway in lithium-ion batteries through modeling and simulation, supporting safer and more reliable energy
Fairbanks Morse Defense expands robotic welding capabilities Beloit, Wis.- headquartered Fairbanks Morse Defense (FMD) is to expand its robotic welding program. Aimed at boosting ship repair and maintenance efficiency for the U.S. Navy and allied fleets, FMD''s robotic welding
USCG awards four contracts for response boat-small demonstrator boats The Coast Guard on Jan. 8 awarded four contracts to acquire response boat-small demonstration boats that will be used to develop and validate performance requirements, assess industry capabilities and gather information about
BC Ferries selects ABB tech for its New Major Vessels ABB has been selected to supply a complete package of power, propulsion and control technology for four new hybrid-electric, double-ended passenger and car ferries that will replace four end-of-life vessels, under BC
NY AG Letitia James files suits challenging latest offshore wind stop work orders The number of lawsuits challenging the Trump administration's latest attempt to pause construction on offshore wind is growing. New York Attorney General Letitia James on Friday filed two lawsuits challenging the stop-work
NORDEN sells two vessels and expands fleet with new MPP leases NORDEN has completed the sale of two vessels from its owned fleet, comprising one MR tanker and one Capesize vessel, as the company continues to capitalise on strong asset market conditions across both the dry cargo and tanker segments. The transactions align with NORDEN's strategy of realising attractive asset values while maintaining flexibility in fleet deployment amid favourable market dynami
MOL and ITOCHU partner to cut transport emissions Mitsui O.S.K. Lines (MOL) and ITOCHU Corporation have signed a memorandum of understanding to promote decarbonization in the transportation sector through the use of Environmental Attribute Certificates (EACs). The partnership links shipping and aviation in what MOL describes as Japan's first collaborative model spanning both sectors. The two companies will work together on marketing, sales, and
RINA and HPC to drive green port transformation in Caspian Region RINA and HPC Hamburg Port Consulting have won a five-year OSCE contract for the "Promoting Green Ports and Connectivity in the Caspian Sea Region" project. The initiative targets Baku (Azerbaijan), Aktau and Kuryk (Kazakhstan), Turkmenbashi (Turkmenistan), and Batumi (Georgia), aiming to decarbonize port operations, boost digitalisation, and strengthen regional trade connectivity along the Middle
Konecranes secures four-crane order for TerraPower Natrium Plant Konecranes has won an order for four advanced cranes to support construction of TerraPower's Natrium® nuclear power plant in Kemmerer, Wyoming. The order, received in 2025, will see the cranes supplied to Bechtel, TerraPower's engineering, procurement and construction partner. The equipment will support operations across the nuclear island, energy island and an on-site fabrication facility. An ea
COSCO SHIPPING Spain secures ISO 45001 safety certification COSCO SHIPPING Spain has achieved ISO 45001 certification, the world's leading standard for occupational health and safety management. The certification confirms the company's commitment to workplace safety and employee well-being. It also marks a key milestone in COSCO SHIPPING Europe's 2024-2029 Strategic Safety and Health Plan. By strengthening preventive measures and operational controls, COS
How to Pick the Best Storage Solution for Your Moving Needs Moving to a new location is a challenge too daunting, whether you're a homeowner looking to move into a more comfortable community or a business owner who has just found the perfect place where your business can truly thrive. Looking at the logistical details and the costs, you might find that the best option is to entrust the process to third-party service providers. Aside from getting a moving
New ClassNK Benchmarks for Containership Safety and Efficiency Increased containership sizes and the growth of container shipping overall have combined to change the pattern of operational challenges in seagoing transport. While greater scale continues to make economic sense, it also exposes more containers to open deck conditions, requires higher stacks, and calls for greater resilience in the face of excessive vessel roll motions. Where traditional approac
OOCL Q4 and full-year 2025 revenue falls on lower freight rates Orient Overseas Container Line (OOCL) reported weaker financial performance in the fourth quarter and full year of 2025, driven by lower freight rates despite modest volume growth. For the fourth quarter ended 31 December 2025, liner revenue declined 17.2% year on year to USD 2.08 billion. Total liftings rose 0.8% to 2.0 million TEU, while loadable capacity increased 4.5%. The overall load factor
DSV to sell USA Truck to UTAC DSV has agreed to sell 100% of the shares in USA Truck, Inc. and its subsidiaries to UTAC, LLC. The transaction follows DSV's strategic decision, announced after Q3 2025, to exit ownership of the business. Under the new ownership, USA Truck is expected to be well positioned for future growth, with its business model and core strengths fully leveraged. UTAC will take over responsibility for ongoin
South Korea to trial container ship in Arctic in September South Korea will do a test run of a container ship through the Northern Sea Route (NSR) in September. A 3,000 TEU vessel will sail from Busan to Rotterdam, as South Korea seeks to exploit the Arctic as a short cut to Europe. Acting Minister of Oceans and Fisheries Kim Sung-beom announced the test trip on 8 January, two weeks after the Ministry of Oceans and Fisheries (MOF) launched a NSR Developm
SOHAR Port and Freezone signs lease agreement with Oman Zinc SOHAR Port and Freezone has signed a US$ 50 million investment agreement with Oman Zinc to develop a Zinc Ash Recycling Industrial Park on a site within SOHAR Freezone. Designed to turn steelmaking residues into valuable industrial materials, the project strengthens SOHAR's position as a regional hub for sustainable metals processing and circular economy manufacturing. Delivered in phases, the in
CMA CGM introduces PCS for Freetown CMA CGM has announced the introduction of a Port Congestion Surcharge (PCS for cargo destined for Freetown, Sierra Leone, due to ongoing congestion at the port. The surcharge will apply from 22 January 2026, based on the loading date. The PCS applies to shipments originating from North Europe, the Mediterranean, Adriatic, Black Sea, and North Africa, and covers dry, reefer, and special cargo. Und
Maersk revises DPS for export cargo from inland container depot Maersk has announced a revision to its Dry Port Surcharge - Export (DPS) for selected inland container depots (ICDs) in India, as part of efforts to maintain service reliability and operational efficiency across its global network. The revised surcharge will apply to export cargo moving via Jawaharlal Nehru Port (JNPT), Mundra, and Pipavav to worldwide destinations. For non-regulated countries, t
Oregon Container Terminal launches at Terminal 6 Oregon Container Terminal officially launched today at Terminal 6 following a seamless transition from the Port of Portland to Harbor Industrial that sustains a competitive option for supply chains in Oregon. Signaling OCT's importance, Oregon Governor Tina Kotek stated that global connections like these give Oregon a competitive edge and help secure our economic future. "Tim McCarthy, president
HMM begins Wing Sail installation to cut emissions HMM has installed a Wing Sail wind-assisted propulsion system on the 50,000-dwt MR tanker Oriental Aquamarine . The Wing Sail uses wind power to generate additional thrust through aerodynamic lift, similar to an aircraft wing. The system supports low-carbon vessel operations and is well suited for ships without deck cargo, including bulk carriers and tankers. HMM expects the technology to deliver
Global shipping is facing the volatility trap Container rates surge 26% despite weak demand, exposing fragile equilibrium as geopolitical tensions override market fundamentals
Scorpio Tankers sheds 11-year-old LR2 Monaco-headquartered product carrier major Scorpio Tankers has sold one of its LR2 tankers. The New York-listed owner said the 2015-built scrubber-fitted LR2 product tanker STI Kingsway for $57.5m to an undisclosed buyer. According to the Emanuele Lauro-led company, the sale is expected to close within the first or second quarter of 2026. After the sale, ...
Kalleklev takes helm of EPS gas fleet after CoolCo merger Eastern Pacific Shipping has moved to reshape its gas shipping leadership after completing the merger between its LNG unit CoolCo and subsidiary EPS Ventures earlier this month. The Idan Ofer-controlled group confirmed that former Flex LNG and Avance Gas chief executive Øystein Kalleklev will take charge of the combined gas platform, assuming the role of ...
CoolCo completes privatisation deal Cool Company has completed its long-trailed take-private deal, bringing an end to the LNG carrier owner's run as a publicly listed company. The London-based owner said the cash merger with a newly formed, wholly owned subsidiary of EPS Ventures has now been formally completed, with the transaction registered at the Bermuda Registrar of Companies. CoolCo ...
Korean-developed wing sail mounted on an HMM tanker Korean shipping and shipbuilding interests are stepping up collaboration on wind-assisted propulsion. HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai's mid-level holding company for institutional shipbuilding, has begun sea trials of its self-developed Wing Sail system after installing a prototype on a tanker operated by HMM. The trials are being carried out on ...
Nova Marine Carriers JV doubles down on Amsterdam logistics Italian-Swiss dry bulk group Nova Marine Carriers has tightened its grip on the Port of Amsterdam after completing the acquisition of the Waterland Terminal in a joint venture with Germany's Aug. Bolten and Spain's Ership. The deal was executed through Dutch subsidiary Maja Stuwadoors Groep, which reached a final agreement with VCK Holding to acquire ...
Himalaya Shipping seals fresh index-linked deal Oslo-listed Himalaya Shipping has fixed one of its newcastlemax vessels on a fresh time charter, locking in improved earnings. The Tor Olav Troim-backed owner said the 2023-built Mount Ita has been chartered for a period of 11 to 14 months. The new contract is due to kick in during the second half of January, once ...
Saipem to restart suspended jackup rig in Saudi Arabia Italian energy services contractor Saipem has announced the restart of operations for the jackup rig Perro Negro 7 in Saudi Arabia, scheduled to begin in January 2026. The contract for the 2008-built jackup was awarded to Saipem in 2011 by Saudi Aramco and was extended in June 2023 for a further 10 years. The contract was temporarily ...
Ukraine drone attacks target Lukoil's largest offshore fields Ukraine's Special Operations Forces struck three Lukoil drilling platforms in the Caspian Sea on Sunday, January 11. Ukraine's General Staff said that the military hit platforms on Lukoil's three largest offshore oil fields. "As part of measures to reduce the aggressor's military-economic potential, units of the Defence Forces of Ukraine hit three drilling platforms of ...
Iran draws shipping into widening confrontation with US Iran has said that commercial shipping and maritime infrastructure could become legitimate targets if the United States launches a military attack against Tehran. Speaking during a parliamentary session on Sunday, Iran's parliament speaker Mohammad Bagher Ghalibaf said Israel, US military assets and "shipping centres" would be targeted in the event of American military action. Addressing ...
One seafarer killed as Russia strikes ships around Odesa One seafarer has been killed and another injured after Russian forces carried out drone attacks on civilian vessels operating in Ukraine's southern Odesa region on Friday. According to Ukraine's deputy prime minister, the strikes targeted ships operating in or close to Ukraine's maritime export corridor, a key route sustaining the country's agricultural exports. One of ...
Unipec reigns supreme among dirty spot charterers The annual dirty spot charterer rankings compiled by broker Poten & Partners have a familiar name at the top but notable changes lower down. China's Unipec remained the lead spot charterer in 2025, taking care of 15.4% of the reported fixtures. Notably, ExxonMobil leapfrogged Chevron and Shell to second place, up from fourth, while Petrobras ...
Seacon steps into newcastlemax newbuilds with Qingdao Beihai deal Seacon Shipping Group has moved deeper into the large bulker space, signing contracts for two 210,000 dwt newcastlemax newbuildings at Chinese state-run Qingdao Beihai Shipbuilding. The deal marks a step-up in the Hong Kong-listed owner's dry bulk growth strategy, pushing beyond earlier exposure to large bulkers through secondhand purchases around 2020 and into purpose-built newcastlemax ...
Agricore taps Soho Chuangke for ultramax newbuilds Bulker owner and operator Agricore has placed an order for two ultramax newbuildings at Jiangsu Soho Chuangke Shipbuilding, with options attached for a further two vessels. The 63,500 dwt units are scheduled for delivery in 2028, adding fresh work to the Yangzhou yard's forward orderbook as it continues to rebuild its presence in the bulk ...
Purus adds Samsung LNG newbuilds to expanding gas fleet Purus has returned to South Korea for a fresh LNG carrier newbuilding deal, pressing ahead with the expansion of its gas fleet. Samsung Heavy Industries disclosed in late December an order for two LNG carriers worth about $503m, at the time linked to an undisclosed Oceania-based shipping company. The owner has now been confirmed as ...
Hapag-Lloyd arm takes full control of Florida International Terminal Hapag-Lloyd's terminal and infrastructure division, Hanseatic Global Terminals (HGT), has agreed terms with Chilean shipping and logistics group Grupo Empresas Navieras (GEN) that will see HGT take full ownership of Florida International Terminal (FIT). The deal, reached with GEN affiliate Agunsa Universales (AGUNSA USA), reshapes the capital structure of the Port Everglades facility and hands ...
Prosafe bags further flotel work in UK North Sea Prosafe has secured another contract extension for its accommodation unit Safe Caledonia, keeping the vessel working in the UK North Sea into late February next year. The Oslo-listed accommodation rig specialist said the semisubmersible will continue supporting operations at Ithaca Energy's Captain field after winning the remaining three weeks of options under the contract. The ...
Why maritime decarbonisation now needs a governance architecture Captain Stylianos Mourtzanos writes that shipping's decarbonisation challenge is now less about technology and more about governance architecture, specifically, how multiple regional systems interpret and price the same tonne-mile in parallel. Maritime decarbonisation is usually discussed in terms of fuels, engines, ship design, and infrastructure. These issues matter, but they are no longer the
VLCC spot rates partially recover from Christmastime plunge VLCC rates are well below 2025's six-figure highs, but the market still has legs. Spot indexes have already recouped a...
Political pressure builds in Europe to tackle stateless shadow tankers The UK government appears to be emboldened by its recent role in the US seizure of Marinera, but legal guidance on...
Iran threatens to attack 'shipping centres' if US strikes That 'murky' threat will likely pertain to the Strait of Hormuz, one analyst told Lloyd's List, which Iran has threatened...
Marinakis launches new dry bulk partnership with Madias-led SPV Axis New venture, Capital Axis Maritime, will initially manage fleet of 20 bulkers including seven new capesizes for delivery in 2027
What to look out for in tankers in 2026 Lloyd's List senior reporter Greg Miller makes sense of the crazy start to the year and how recent geopolitical events...
Onboard carbon capture results 'catastrophic' for nascent tech The Global Centre for Maritime Decarbonisation's lifecycle emissions analysis of onboard CO2 capture is more worrying for the technology than...
Liner trade on track for 5% growth in 2025 Global container shipping continued to outperform expectations in November, with surging Asian exports and broad based regional demand putting the...
DFDS confirms former Maersk man appointed as next chief executive Appointment follows a succession plan announced in November amid declining financial performance at Danish ferry operator
Oystein Kalleklev appointed CoolCo boss after EPS merger agreed Former Flex LNG chief Kalleklev will be commercial director of EPS Gas and managing director of CoolCo as it delists...
The week in newbuildings: Chipolbrok adds more heavylift MPVs in China Chipolbrok's latest newbuilding order follows a contract for four similar vessels signed in early January
Russian attacks on Odesa kill seafarer on bulker Two foreign-flagged vessels were hit during the attacks, leading to the death of a Syrian national and injuries to other...
South Korea reclaims one fifth of global shipbuilding orders China remained at number one in 2025 but lost market share year on year, while South Korean yards expect steady...
Taiwan's top liners see seasonal lift in December revenue Short-term demand is set to strengthen ahead of Lunar New Year, though geopolitical risks linger
The Daily View: Watch China for green shipping in 2026
Container freight futures spike on China solar export rush bets Shanghai's freight futures spike reflects policy-driven cargo timing rather than a lasting tightening of Asia-Europe capacity
Cargoship hit by Russian mine faked war risk cover note But mortgagees entitled to mortgage interest insurance payout, Commercial Court rules
Daily Briefing US blockade has left Venezuela shadow fleet in limbo | Why it won't be easy to pump up the volume...
SeaCube acquires Martin Container in move to boost West Coast cold storage Martin's headquarters near the Los Angeles-Long Beach port complex is now integrated into SeaCube's depot and transportation network, providing faster delivery to customers and improved regional coverage in the cold storage market.
Hapag-Lloyd's terminal arm takes full control of Port Everglades terminal Florida International Terminal specializes in container and general cargo handling and provides direct connectivity to major highways and rail networks, with Crowley and Mediterranean Shipping Co. its most frequent callers over the past 12 months.
Wind components expected to be a 'standout' cargo for MPVs in 2026 Onshore and offshore renewables projects will drive shipments of turbines and transformers, carriers in the sector say.
STG files Ch. 11 bankruptcy, but intermodal operations remain intact STG said the filing will reset its balance sheet and reduce debt obligations, but drayage, domestic intermodal, transloading and warehousing operations will not be affected.
Solid growth evident in LNG order book despite regulatory uncertainty Most major carriers have set net-zero goals and are investing heavily in dual-fuel vessels that support their emissions-cutting strategies despite a lack of global regulatory support.
Drivers battling delays at Norfolk Southern terminal in Louisville The delays began last month after the railroad transitioned its Louisville ramp to grounded operations, but NS says it is taking steps to mitigate the backups.
Sinokor Maritime's VLCC super-haul purchase tactics and pricing start to emerge Shipowners siloed off with some initially lured in on time-charter business
Trump vows to end Venezuela's crude exports to Cuba Cuban president says economic coercion won't lead to talks
New Greek outfit Capital Axis takes over Marinakis bulkers' management Nicholas Madias-led firm assumes the commercial and technical operation of 20 vessels, including seven capesize newbuildings
Marine Money does a deal: Ship finance firm sold to US-based events company Owners of industry magazine and global events network eye business as usual but long-term growth prospects
'No-brainer': Omar Nokta returns to shipping research at a familiar firm Seasoned analyst returns to his old employer just weeks after exit from Jefferies
Finland releases vessel accused of deliberate cable sabotage in Baltic Some crew members believed to have been detained
MSC linked to deal for 30 container ships in Sinokor fleet Liner giant is kicking-off the year with a major deal to acquire more secondhand tonnage from South Korean owner
Great Eastern turbocharges fleet renewal with flurry of S&P transactions India's largest private shipping firm reveals flurry of deals in gas carrier, bulker and tanker sectors
Delfin Midstream poised to green-light first unit for US FLNG project Deadline slides and company extends shipyard agreement and further cements engineering deal
Ex-Enesel operations chief Erwin Derlagen heads home to Cyprus to join InterMaritime Experienced executive emerges from career break at company formed by tie-up between Intership and Interorient management operations
Wah Kwong denies link to missing Chinese seafarer case Hong Kong owner says name and recruiters were falsely used
Top Ships seals $38m sale of megayacht to Pistiolis spin-off Greek owner confirms sell-down of luxury vessel to US-listed Rubico
Bruton gets buy recommendation as Clarksons sees re-rating after VLCC deliveries Shares of Troim-backed tanker company rise in Oslo
Trader Vitol tipped to load first tanker heading to Venezuela under US deal Commodities group is said to have booked Valloeby LR1 to import naphtha
MSC snaps up series of Chinese container ship resales With the secondhand market drying up, the Swiss liner giant is picking off newbuilding resales
Alternative-fuelled vessel orders plummet by half in 2025 amid lower newbuilding numbers Class society says the past year was shaped by 'regulatory uncertainty and market recalibration'
Iran's 'rising instability' is fuelling geopolitical risk premium for oil, says Kpler Data firm says the upside risk could reach $5 per barrel in the event of a regime change where the oil sector isn't affected
Co-founder of law firm Preston Turnbull joins Wikborg Rein Norwegian firm's newest partner wants to get back to lawyering, not managing
Eastern Pacific Shipping dives in with first LNG carrier orders Company adds Chinese-built duo to 63-vessel gas shipping portfolio as it unveils new business chief
Rough seas blamed as boxship loses containers off Taiwan Coast guard scrambles assets to track drifting boxes after suspected lashing failure and heavy rolling on the CUL Huangpu
Oystein Kalleklev steps into new gas role at Idan Ofer's Eastern Pacific Shipping With CoolCo merger complete, EPS Gas charts course with 63-ship fleet and new chief
Brokers lift secondhand tanker values across the board after Sinokor VLCC spree And prices could rise further as rates spike and global unrest increases
DFDS hires ex-Maersk manager as new top boss Michael Hansen will join no later than 1 July
Iran regime change would be major positive for tanker shipping as protests escalate, analysts say Investors advised to maintain exposure to sector
'What a week!' Joakim Hannisdahl's hedge fund gains from flurry of tanker deals Norwegian investor points to geopolitical risks and Sinokor VLCC purchases for rising shares
Are criminal syndicates kidnapping seafarers to work in scam call centres? The wife of a missing Chinese sailor believes so Bian Changpeng flew to Cambodia to join a vessel but his family believe he is being forced to work in illegal call centre
European ropax clearout puts Turkey in the ship recycling market's top spot Aliaga begins year with a bang as Italian, Greek and Turkish companies offload scrap tonnage
Ukrainian seafarers among crew of seized Russian-flagged runaway VLCC Two Russians were released last week after the US detained the Marinera
Frontline stock rallies after Clarksons upgrade on back of VLCC deals Tanker giant's shares up more than 20% this year
UK owner goes for unmanned 'robotic' multipurpose newbuildings at Vard Ocean Infinity returns to shipbuilder for four-ship deal
Tanker grounding triggers hull checks, no spill detected Coast guard says nine crew safe after engine failure off Siargao Island
Himalaya Shipping downgraded as DNB turns bearish on dry bulk Outlook remains muted on limited demand growth for bulker space
Norwegian hedge fund reaps profit from Frontline bet Sissener Canopus also bought DHT Holdings shares
Precious bulker sales extend as $50m newbuild loan fixed Thai owner presses on with fleet renewal plan
Seafarer killed in new Russian drone strikes on Turkish ships in Ukraine At least 10 mariners have lost their lives since the Ukraine war began, as their vessels become direct or collateral targets
Orient Overseas sees revenue slide 10.6% in 2025 as extra capacity takes its toll New ships and minimal scrapping, combined with tariff confusion did not bode well for Hong Kong-based liner operator
Are criminal syndicates kidnapping seafarers to work in scam call centres? The wife of a missing Chinese sailor believes so Bian Changpeng flew to Cambodia to join a vessel but his family believe he is being forced to work in a scam call centre
Philippine tanker grounding triggers hull checks, no spill detected Coast guard says nine crew safe after engine failure off Siargao Island
Greek shipowner Evangelos Marinakis sells teenage VLCC for $70m Reported deal comes a week after Greek shipowner sold another VLCC to South Korea's Sinokor
Missing Chinese national raises concerns criminal syndicates are targeting seafarers for forced labour Bian Changpeng flew to Cambodia to join a vessel but his family believe he is being forced to work in a scam call centre
Fujian Highton orders up to seven large MPP newbuildings as it targets 100-ship fleet Chinese company is paying less than $43m each for the 62,000-dwt heavy-lift newbuilding
European ropax clearout puts Turkey in the ship recycling market's top spot Aliaga's ship recyclers begin the year with a bang as Italian, Greek and Turkish companies offload unwanted tonnage
Asyad Shipping offloads four of its LNG steamships in $110m deal Age, old technology plus regulatory and commercial challenges on emissions performance cited as reasons for disposal
Middle East navigation fees frozen by maritime foundation for third year running Charges frozen again by non-profit organisation in the Middle East region
Purdue achieves first U.S. wireless charging of heavy-duty truck at highway speeds Charging an electric truck may soon be easier than plugging it in. Researchers at Purdue University have announced that, for the first time in the U.S., a roadway has wirelessly charged a heavy-duty electric truck while it was driving at highway speeds. Tests on the experimental highway segment used patent-pending systems designed by Purdue engineers. The segment was built by the Indiana Departme
Army Corp OKs $1B Baltimore container terminal The U.S. Army Corps of Engineers has issued a permit for construction of an all-new ocean container terminal on the site of a former steel mill that could eventually double container traffic through the Port of Baltimore. The USACE said in a release that the permit was issued Dec. 18 for the Sparrows Point Container Terminal (SPCT) project, a $1 billion joint venture between developer Tradepoint
Allegiant to absorb Sun Country's Amazon cargo business Amazon will outsource two additional cargo aircraft to Sun Country Airlines this year after being notified of merger discussions with Allegiant Travel Co., signaling the retailer giant's interest in maintaining their flying partnership, executives for the two low-cost carriers said Monday. Sun Country Airlines ( NASDAQ: SCNY ) will be acquired by Allegiant ( NASDAQ: ALGT ) in a cash-and-stock tra
BNSF and CN want UP, NS to produce more merger documents Union Pacific and Norfolk Southern are withholding key documents that are needed for rival railroads, shippers, and regulators to properly evaluate their transcontinental merger proposal, BNSF Railway and Canadian National have told the Surface Transportation Board. In separate filings, BNSF and CN say the STB cannot properly assess the merger's potential impacts on competition - or how to remedy
Henderson Front Loader Theft Highlights Devastation Potential When Equipment Theft and Violence Intersect A construction site security guard working her first shift at a new location never expected her Sunday morning would include a death threat from a man wielding a screwdriver while hot-wiring a 39,000-pound front loader. That's exactly what happened on Jan. 5 when 33-year-old Juan Rincon Carreno allegedly hopped a fence at a private construction site on North Water Street, threatened to kill the g
Large parcel carriers improved on-time delivery during 2025 peak season On-time delivery performance for two-way, national parcel carriers improved during the holiday peak shipping season despite a 5% volume increase from the prior year and capacity reductions in their own networks. The U.S. Postal Service showed the largest improvement, meeting on-time delivery standards 94.1% of the time during December compared to 90.4% in 2024, according to data released on Monda
CVSA Human Trafficking Awareness Week Kicks Off Today marks the start of the Commercial Vehicle Safety Alliance's five-day Human Trafficking Awareness Initiative across the United States. Through Jan. 16, law enforcement agencies, motor carriers, and transportation safety organizations will conduct coordinated outreach at truck stops, weigh stations, and carrier facilities to educate drivers on how to recognize and report this crime. If you ha
NTSB Investigating After Maine Kindergartner Dragged 280 Feet, Killed by School Bus Five-year-old Simon Gonzalez never made it onto his school bus the morning of December 16. The kindergartner approached the 2022 Blue Bird bus from behind as it sat stopped on Route 35, its older half-brother already aboard. As Simon reached the loading doors, they began to close. He extended his left arm between them. What happened next is the kind of preventable tragedy that has haunted school
Trucker Charged in Fatal I-81 Crash Released on Bond as Questions Swirl Over Crash Transparency A Maryland truck driver facing three counts of involuntary manslaughter in connection with a Christmas-week crash that killed three members of a Charlotte, North Carolina family, including a 2-year-old girl, has been released on bond following a hearing that appears nowhere on the public court docket. El Hadji Karamoko Ouattara, 58, of Montgomery Village, Maryland, was driving a 2014 Volvo tracto
While global demand grew, U.S. container traffic fell in November There's an old saying that trade goes where it's wanted and stays where it's appreciated. That was never more true than in November, as President Donald Trump's trade war sent global container demand up 7.2% across all regions from a year ago - except North America, where import volumes actually fell 3.9%. Excluding North America, global growth was 10.1%, according to Container Trades Statistics
Activist investor Ancora carves out niche in transportation sector Effectuating change to improve shareholder returns is the key tenet of investor activism. Ancora Alternatives has recently carved out a niche in the transportation industry, executing a string of board shakeups, C-suite overhauls and reworks of failed capital allocation strategies. The firm has undertaken several high-profile engagements in the space in recent years. The list of companies include
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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