Maritime unions: Jones Act waivers wouldn't ease pain at the pump With the Strait of Hormuz effectively closed, Americans are already feeling pain at the gas pump. President Trump, who yesterday authorized the Department of Energy to release 172 million barrels from the
Ingalls shipbuilders get largest single wage increase in yard's history HII reports that all five collective bargaining units at its Ingalls Shipbuilding division have ratified new collective bargaining agreements, securing an immediate 18% or higher base wage increase for union-represented shipbuilders. This
VIDEO: Three ships struck in new Iranian attacks Video emerged today showing two ships ablaze after reportedly being struck in new Iranian attacks by surface drones. Windward AI reports that the incident occurred overnight on March 11-12, and involved two
BBG2 lease sale generates $46.9M in high bids Yesterday's Big Beautiful Gulf 2 (BBG2) generated $46,976,423 in high bids. That compares with the more than $300 million in high bids generated by the first Big Beautiful Gulf sale held in
EMSA study: Hydrogen-fueled ships need design-based safety approach DNV has delivered a multi-year study on "Safety of hydrogen for use in ships." Commissioned by the European Maritime Safety Agency (EMSA), the study concludes that design based safety is required for
VIDEO: MacGregor launches new Balanced Lashing System for containerships A new Balanced Lashing System introduced by MacGregor is designed to solve the long-standing industry challenge of uneven load distribution in containership lashings. On conventional containerships, lashings often share loads unevenly, with
Port of Sagunto secures new vehicle terminal concession The Board of Directors of the Port Authority of Valencia has granted a ten-year administrative concession to Valencia Terminal Europa for the operation of a vehicle and ro-ro cargo terminal at the Port of Sagunto. The terminal, representing an investment of EUR€3.9 million, will be located at Central Quay 2 and South Quay 2 and will handle the reception, storage and distribution of vehicles and r
Rotterdam identifies investment barriers slowing Hydrogen import terminal development The Port of Rotterdam Authority has completed a market consultation aimed at understanding why investment decisions for hydrogen carrier import terminals remain stalled, despite multiple companies having advanced plans in place. The findings reveal a convergence of financial and non-financial risks that are deterring firms from committing capital at this stage. At least nine companies are current
ID Logistics reports robust 2025 revenue growth ID Logistics posted revenues of EUR€ 3,737 million for 2025, an increase of 14.2% on 2024. Adjusted for unfavourable currency effects, like-for-like growth reached 16%, reflecting strong organic momentum across all operational regions. Revenue performance was broad-based. France, representing 26 percent of group revenues, grew by 13.5%. Europe excluding France, the group's largest segment at 48%
Cool Carriers takes delivery of first snow-class reefer vessel Cool Carriers has taken delivery of Snow Flower, the first vessel in its next- generation Snow- class refrigerated carrier fleet. The ship was delivered on 4 March by Kitanihon Shipbuilding in Japan. New Generation Reefer Fleet The company will operate seven new reefer vessels in the series, with deliveries scheduled from 2026 to 2028. Each ship can carry 5,000 high- cube pallets of perishable
YILPORT Holding upgrades port equipment with 19 Konecranes lift trucks YILPORT Holding has upgraded its port equipment fleet with 19 new lift trucks from Konecranes across terminals in Ghana, El Salvador, and Portugal. The delivery includes five reach stackers, five empty container handlers, and nine forklifts. The equipment was ordered throughout 2025 and is now fully operational. Supporting Terminal Efficiency YILPORT operates 22 marine terminals and five inla
CMA CGM applies PSS from China to West Africa CMA CGM will introduce new Peak Season Surcharges ( PSS) for shipments from China to several West African destinations starting 15 March 2026, until further notice. Nigeria and South Range The surcharge will apply to cargo moving to Nigeria, Angola, Congo, Democratic Republic of the Congo, Namibia, Gabon, and Cameroon. Amount: USD 600 per TEU Cargo: All types Contracts: FAK, spot, monthly
How Panama issue crystallizes the geopolitical balance Washington forced China out of Balboa and Cristóbal. Beijing has weaponised commercial flows, summoned the world's two largest carriers, and positioned itself to extract a better deal on 41 ports it never had to fight for
Chittagong depots, lighter vessels see operation disruptions amid fuel oil shortage With war in the Middle East crises nears two weeks, Bangladesh's fuel oil stock is drying up, forcing the import-dependent South Asian nation to go for oil rationing. Thus, the inland container depots (ICDs) in Chittagong are about to face operational disruptions. The oil-importing state-run companies have lessened fuel oil supply to the ICDs by 25%, creating an oil shortage there. The ICDs handl
Explainer: Hormuz and the end of a legal fiction The Iran conflict has not created new threats to commercial shipping it has accelerated established ones. Except for one: the formal dissolution of the civilian port as a protected category
ONE implements temporary empty container return rules in the Middle East Ocean Network Express ( ONE) is introducing temporary rules for empty container returns. This follows disruptions in the Persian Gulf and the Strait of Hormuz. The measures protect vessels, crew, and cargo. They apply to all import shipments into UAE, Qatar, Saudi Arabia, Bahrain, Kuwait, Iraq, and Oman. The rules are effective immediately and remain in force until further notice. Dubai Import Cu
Hapag-Lloyd container vessel hit by projectile fragments near Strait of Hormuz A Hapag-Lloyd container ship, Source Blessing, was struck by projectile fragments near the Strait of Hormuz. The vessel caught fire. The crew evacuated safely. Hapag- Lloyd had time- chartered the ship to Maersk. German shipping company Hapag-Lloyd says projectile fragments have hit the Liberia-flagged container vessel 'Source Blessing' near the #StraitofHormuz.
Maersk updates ECS Surcharge from ECSA to Red Sea and Oman A.P. Moller - Maersk has announced an adjustment to its Emergency Contingency Surcharge ( ECS) for shipments from East Coast South America to the Middle East Red Sea region and Salalah, Oman. The revised surcharge will take effect from 15 March 2026 until further notice under the X5LM trade lane. Updated ECS Levels For shipments to Jeddah, King Abdullah Port, Jordan, and Salalah, the ECS w
FMC issues Statement on Strait of Hormuz surcharges The Federal Maritime Commission (FMC) has issued a statement on shipping surcharges related to tensions in the Strait of Hormuz. The Commission said it is closely monitoring the impact on global shipping conditions. Rules on Surcharge Implementation The FMC ensures that rates, charges, and rules set by common carriers comply with the Shipping Act. Carriers must follow strict regulations when int
Explainer: How Hormuz was reallocated Transit volumes have collapsed by 97%. The US Navy is refusing escort requests. Chinese tankers are moving freely while Western operators face mines, drones, and GPS warfare. The Strait of Hormuz is no longer simply closed it is being selectively opened
MSC signs 45-year terminal deal at Snake Island Port MSC has signed a 45- year sub- concession agreement with Nigerdock to develop and operate a new container terminal at Snake Island Port. The project will cover 30 hectares and is expected to be completed by 2028. The terminal will feature a 910- meter quay, six ship- to- shore cranes, two ship berths, three barge berths, and a draft of up to 18 meters. Expanding Port Capacity in Nigeria Ac
How the Hormuz disruption emerges as a convergence event Hormuz transits have collapsed by 97%, while UNCTAD's new data confirms is not a crisis it is a convergence
DP World posts record revenue DP World reported record financial results for 2025, with revenue rising 22% to US$ 24.4 billion and adjusted EBITDA growing 18 percent to US$ 6.4 billion, representing a margin of 26.3 percent. Profits for the year increased 32.2% to US$ 1.96 billion, while operating cash flow rose 14% to US$ 6.3 billion. Return on Capital Employed improved from 8.9% in 2024 to 9.9%. Total gross throughput acros
CNC reopens Middle East import and export bookings CNC, part of the CMA CGM Group, has reopened import and export bookings across the Middle East with immediate effect. The reopening applies to shipments to and from Iraq, Kuwait, Qatar, Bahrain, Saudi Arabia, and the United Arab Emirates. Multimodal Transport Solutions To support cargo flows, CNC has introduced several multimodal transport corridors. For imports, cargo can move through
MSC revamps Asia-North Europe network MSC Mediterranean Shipping Company has announced enhancements to its Asia-Northern Europe service network, introducing updated rotations and improved connectivity across three key routes: Griffin, Condor and Silk. The network upgrade is designed to strengthen direct connections between Asia and Northern Europe, improve transit times and expand market coverage across major trade lanes. According t
Equinor signs bio-methanol supply deal with Wallenius Wilhelmsen Equinor has signed a two-year bio-methanol supply agreement with shipping and vehicle logistics company Wallenius Wilhelmsen to support the shift to lower-emission marine fuels. The fuel will power Wallenius Wilhelmsen's upcoming dual-fuel methanol vessels, which transport vehicles and heavy machinery from production sites to global markets. Supporting Shipping Decarbonization Bio-methanol sign
Bunker prices skyrocket in Week 11 on Middle East Crisis Global bunker fuel prices surged by approximately 30-35% over the past week, driven by escalating tensions between the United States and Iran and the effective closure of the Strait of Hormuz, a critical global oil transit chokepoint. The disruption triggered a sharp rally in crude oil markets, pushing major benchmarks to multi-year highs and significantly increasing volatility across the global
CMA CGM raises FAK rates from Asia to Mediterranean and North Africa CMA CGM has announced an increase in Freight All Kinds (FAK) rates for shipments from Asian main ports to destinations in the Mediterranean Sea and North Africa. The new rates will apply from March 22 to March 29, 2026, based on the Bill of Lading date. New FAK Rates West Mediterranean: USD 4,700 (20'), USD 6,300 (40' / 40' HC) Adriatic: USD 4,800 (20'), USD 6,400 (40' / 40' HC) East Mediterra
Port of Bilbao tests modular floating solar pilot The Port of Bilbao is hosting a pilot of an innovative floating solar solution by Landatu Solar. The project tests a 12�12 metre modular system in real marine conditions to evaluate performance and inform future offshore applications. Pilot Design and Technology The floating system is moored in the Santurtzi dock and features a modular stretched membrane and mesh structure with an outer frame fo
Golden Energy seals $28m PSV sale Norwegian offshore vessel owner Golden Energy Offshore Services (GEOS) has offloaded another one of its platform supply vessels. The company said in a stock exchange filing it has sealed a deal to sell the PSV Energy Passion for $28m, with delivery expected around mid-April 2026. Golden Energy said the transaction will generate a booked gain ...
Greek capesize specialist Seanergy grows newbuild programme to five ships US-listed Greek bulker owner Seanergy Maritime is stepping up its fleet renewal drive, adding two Japanese capesize newbuildings while offloading an older vessel. The company said it has agreed to acquire a 181,500 dwt scrubber-fitted capesize under construction at a Japanese yard, with delivery expected between the second and third quarters of 2027. In a ...
Himalaya Shipping lands premium index-linked charter Oslo-listed dry bulk owner Himalaya Shipping has secured a new charter deal for one of its large dual-fuel bulkers as the vessel prepares to roll off its current employment. The company said the 2023-built newcastlemax Mount Matterhorn has been fixed on a charter lasting between 12 and 14 months. The 210,000 dwt vessel is expected ...
Respect the guts that power global trade Captain Akee Sharma, CEO and founder at Sailor's Cart, takes umbrage with president Trump's call this week for ships to have the "guts" to cross the Strait of Hormuz. I've stayed quiet on geopolitics for a long time because in a better part of the world that I live in, the government and people know ...
Salt trade seasoned with strong Egyptian flows Global seaborne shipments of salt have started 2026 strongly, with rising exports from Egypt pushing cargo volumes to the highest levels seen in years, according to analysis from Ursa Shipbrokers. Data compiled from vessel tracking provider AXSMarine shows around 13.5m tonnes of salt were loaded onto bulkers worldwide in January and February. The figure is ...
Middle East latest: Inferno at sea and shore Attacks are escalating across the Gulf with tankers torched, a containership struck, and Omani fuel tanks ablaze. Iranian groups set two product tankers alight (pictured) late Wednesday into Thursday as attacks on commercial shipping and energy infrastructure intensified across the Middle East Gulf. Iraqi authorities identified the vessels as the 74,000 dwt Safesea Vishnu and ...
New pilot scheme to protect Bangladesh shipbreaking workers The International Labour Organization (ILO) has launched a pilot employment injury scheme (EIS) in collaboration with BIMCO to strengthen the protection and rights of workers at ship recycling yards in Bangladesh, the world's biggest ship recycling nation. The scheme works as a form of social insurance, in which risk is pooled and shared by the ...
SLB reduces operations in Middle East amid regional crisis Houston-based oilfield services giant SLB has begun curtailing operations in the Middle East due to the ongoing crisis in the region. SLB said that travel to and transit through the region have been suspended, and that it has begun to demobilise operations in a few countries in response to customer actions to safeguard personnel and ...
Shadow VLCCs change names in quick succession Two VLCC sales sealed in short succession show an interesting pattern. A 20-year-old VLCC has changed its name three times in one year. A ship now named Keegan, before Haishen, before that Merd, while from 2005 until its sale a year ago, it proudly sailed the seas as Great Lady. The ship is now flying ...
Poland's PGE takes full control of Baltic Sea offshore wind project German utility RWE has sold its stake in the Baltic II offshore wind farm to Polska Grupa Energetyczna (PGE). As a result of the transaction, PGE has become the sole owner of the Baltic II offshore wind development project in the Polish Baltic Sea. The wind farm has a planned capacity of 350MW and will ...
Second Gulf of Mexico auction under Trump bill draws weaker industry interest The second offshore oil and gas lease sale under Donald Trump's One Big Beautiful Bill Act passed much more quietly, with far less interest than the previous one. The so-called Big Beautiful Gulf 2 or BBG2 generated $46.9 in high bids. The sale included 25 blocks covering approximately 570 sq km in federal waters of ...
Fears mount on ship fuel availability as Hormuz closure drags on Bunker prices are already near the extreme highs seen after Russia invaded Ukraine, and if crude keeps rising, this is...
Up to 140 containerships at risk in Gulf as indiscriminate attacks spread With attacks spreading across vessel types and no safe passage through the Strait of Hormuz, carriers face mounting operational, financial...
How a prolonged Gulf conflict could squeeze P&I clubs What marine mutuals pay for. And what they don't.
Tanker owners urge IMO not to support e-fuels Intertanko has argued against regulation to support zero-emissions e-fuels, saying renewable power supplies will fail to meet demand, and shipping's...
Iran's shadow fleet disrupted by Middle East war The impact to the shadow fleet is far more muted than for mainstream trades, but evidence shows these tankers are...
Panagiotidis lines up tanker play for Nasdaq Latest spin-off AI Okto will initially hold the sole tanker currently part of the Robin Energy fleet
MSC signs 45-year concession in Nigeria President Diego Aponte said the deal reaffirms MSC's commitment in the region and will elevate Snake Island Port to a 'major...
Net zero is not dead, but the IMO needs pragmatism, says Wah Kwong's Hing Chao The battle over shipping decarbonisation is moving from headline ambition to practical deal-making, says the Hong Kong-based shipowner
Volatile shipping market drags down OOCL's 2025 financial results The Hong Kong-based carrier ended the year with a $1.5 billion net profit, but that was a 41% drop from the robust earnings of the previous year.
Cosco, OOCL halt Balboa calls in latest twist over Panama port row Cosco did not give a reason for the move, but it comes just two weeks after the Panamanian government wrested control of Balboa and Christobal ports from Hutchison-owned operator Panama Ports Company.
Carriers seek to offload stranded Asia-Middle East containers at Indian ports All major long-haul liners are seeking temporary supply chain asylum at Indian docks to offload boxes that departed China and Southeast Asia in recent days, according to market sources in India.
Yang Ming, Wan Hai boost combined order book with 12 new ships The new orders from the Taiwan-based carriers came as both reported lower net profit and revenues for 2025 due to softer freight rates.
As war rages, multimodal demand surges on Asia-Europe landbridge Truck-air solutions are also taking off with rising interest from shippers as the Middle East war removes the popular sea-air services via Jebel Ali in the UAE as a viable option.
Emergency IMO meeting called as Iran war threatens ships and crew Strait of Hormuz looks set to remain closed to vessel traffic and ships in the area are increasingly becoming targets
OOCL profit nosedives as Middle East tensions add to uncertain market Parent company OOIL believes slow growth, structural overcapacity and the possible resumption of Red Sea transits will pressure freight rates
Sea mines 'likely' being planted in Strait of Hormuz by Iran, says UK minister Norwegian flag bans its vessels from entering the area
Axpo and Enagas put new LNG bunker vessel into action in Spain Bio-LNG is now available in four Spanish terminals
Trump mulling Jones Act waiver, White House confirms Administration official says shipbuilders will not be affected
Russia lashes out at Malta over drone-struck LNG carrier Arctic Metagaz What next for damaged sanctioned Russian vessel?
How Marinakis' $500m IPO put Oslo back on the shipping map This week's Streetwise sees veteran Capital Maritime executive Jerry Kalogiratos reflect on the changing IPO landscape
Injury fund launched for Bangladeshi recyclers Shipowners asked to pay 50c per lightweight tonne sold for scrap
Tanker brokers grapple with shifting market as former Hafnia pair fixed out Market levels are proving difficult to pin down due to the Middle East war
Seanergy scores final victory in battle for control with George Economou Marshall Islands Supreme Court confirms dismissal of lawsuit brought by Greek tycoon
Iran's new supreme leader vows to keep the Strait of Hormuz closed Mojtaba Khamenei adopts hardline stance in first message as leader
Golden Energy Offshore sells PSV for $28m as it improves cash position Stock rallies 19% in Oslo after deal
Seanergy adds more capesizes to orderbook as older bulker moved out Greek owner heads to Japan for new vessels
VLCCs head down on rates rollercoaster as crude producers seek alternative export outlets Sinokor Maritime moves back into the spot market at a lower level
Operation Epic Fury triggers mass diversions as container lines abandon Gulf routes Wave of attacks pushes carriers to redraw networks and deploy overland fixes
Cannibal-like impacts: Iran war takes toll on product tanker prospects Steem1960 expert foresees difficult period ahead with Hormuz closure
Hormuz Strait oil flows will take 'months' to recover after the war ends, IEA warns Tanker traffic schemes and the return of foreign workers are key to limiting damage from the Middle East war
Greece's Stefanou brothers prevail in lively auction of kamsarmax bulker Ten bidders competed for 2017-built ship on Guangzhou exchange
Fighter jet destroys Iranian missile close to ship in Gulf Incident on Thursday morning is another illustration of escalation in the region
Tanker fundamentals will support sector when war ends, Italy's DIS says Product carrier specialist believes demand and supply balance is tilted in favour of shipowners
Chinese bulker banned from Australia over non-payment of its crew Maritime authority says the Ocean Bright's seafarers are owed two months' wages
Kamsarmax bulker sold after lively auction Ten bidders compete for 2017-built ship on Guangzhou exchange
Rumours of massive wave of dark tanker exits from Strait of Hormuz 'overstated' Analysts examine state of play in highly dangerous Middle East Gulf
Sanctioned VLCC involved in fatal Hafnia collision banned from Pakistan scrap yard The Ceres 1, renamed Mali, is anchored off Karachi waiting to be recycled
Tanker stocks keep falling as markets left 'confused' Frontline and Hafnia have extended their losses in Oslo
US gives dark fleet a hall pass with sanctions waiver Permission for shadow vessels to trade Russian oil with India undermines the credibility of US sanctions and transactions should be eschewed
DP World stays silent on Middle East turmoil after posting record profit Annual report highlights strong performance in ports and logistics
Argent LNG dives in with application for new US Gulf export project Would-be exporter cites Middle East crisis in documentation to justify its planned development
Tanker stocks keeps falling as markets left 'confused' Frontline and Hafnia have extended their losses in Oslo
Turkish owner sells down Chinese-built fleet amid Japanese newbuilding drive GSD Marin accelerates the pace of its fleet renewal
Hapag-Lloyd and Maersk operated container ship set alight in latest Iran attack The Source Blessing was hit off the coast of Jebel Ali early on Thursday
Hafnia and Scorpio stock downgraded as product tanker demand risk builds DNB Carnegie cuts stocks to 'hold' from 'buy'
Hapag-Lloyd operated container ship set alight in latest Iran attack Source Blessing was hit off the coast of Jebel Ali, UAE, early on Thursday
First VLCC seized by US to transfer Venezuelan crude to Vietnamese tanker US Gulf transshipment said to be lined up for the Skipper
James Fisher reveals new tanker charters as spot rates disappoint UK owner looking forward to boosting fleet with Chinese newbuildings
Himalaya Shipping scores new time charter with 'significant' premium Newcastlemax bulkers will earn index linked rate for 12 to 14 months
ABN Amro shakes up shipping leadership as Bob Vogelzang takes the helm Dutch lender appoints experienced financier as head of shipping & intermodal
Navigator Gas plans share buybacks after vessel sales Gas carrier owner pays out 30% of net income in fourth quarter
Day 13: Oil price rises as Iran strikes back in Gulf Two product tankers and a container ship were set alight in overnight attacks
Union Maritime bags huge gains on sale of 15-year-old capesize Market watchers surmise capesize was sold to Chinese buyers
Fresh delays hit three Bourbon offshore vessel auctions on Chinese platform Schedule changes push sales into April as sellers adjust auction timetable
Chinese owner sells only MPP via online auction Two bidders push price slightly above opening level in brief contest
Tankers make up over half the estimated 1,060 ships currently trapped inside the Middle East Gulf Data provider AXSMarine cautions that numbers may be skewed as AIS transmission disruptions remain widespread
Greek and US owned product tankers ablaze off Iraq as noose tightens on Middle East shipping Seafarer killed as Tehran escalates attacks to show it can strike west of Hormuz
He sold his flat to fund a shipping empire Aaron Ji turned operator grit into a fund strategy built to survive cycles
Omani port shuts terminals after drone attack by Iran rocks fuel tanks Container and general cargo terminal operations suspended after second strike on port since war broke out
Private Chinese dry bulk firm lifts lid on global ambitions Discipline and culture matter more than speed, says Fujian shipowner's chairman and founder
The Freight Market Is Sending Two Completely Different Signals Right Now - Here Is How to Read Both of Them The freight market is improving. That part is true. Spot rates on the Sonar National Truckload Index climbed from around $2.60 per mile in mid-January to nearly $2.82 by February - a 20-cent jump that had carriers posting on social media for the first time in years without the word "survival" attached to it. Tender rejection rates are creeping up. Some lanes are genuinely tightening. And complian
David Bassett, founder of all-cargo airline Amerijet, dies at 77 David Bassett, who founded Miami-based Amerijet International Airlines and built it into a well-known cargo carrier serving the Caribbean, Central America and South America, has died, the company announced on Thursday. He was 77. Bassett established Amerijet in 1974 and led the company for more than 40 years, transforming it from a single-aircraft air taxi operation transporting small cargo and p
New month, near record for LA port volumes The Port of Los Angeles processed 824,323 twenty foot equivalent units (TEUs) in February, second-busiest in port history and an increase of 3% from a year ago. "Retailers and manufacturers brought in cargo ahead of the Lunar New Year holiday, when many factories paused production in Asia," Port of Los Angeles Executive Director Gene Seroka said in a media briefing. "As we head into our tradition
Purported Iran threat to attack California with drones 'not credible': LA port chief A plot by Iran to attack California with drones that prompted a warning from the FBI turned out to be an empty threat. "Those threats don't seem to have credibility at this juncture," said Port of Los Angeles Executive Director Gene Seroka, in response to a question from FreightWaves in an online meeting with media on Thursday. Reports emerged Wednesday that the Federal Bureau of Investigation in
FedEx offers reusable packaging for closed-loop shipping FedEx has introduced a new reusable packaging system for B2B shippers aimed at helping retailers reduce costs and streamline store operations in a form factor compatible with automated conveyor systems and vans in the delivery network, the company announced on Thursday. The collapsible FedEx ( NYSE: FDX ) box is engineered to survive up to 50 ship cycles and allows retailers to switch from using
The Federal Government Just Proposed Pell Grants for CDL Schools - Here Is Why the Details Matter More Than the Headline The headline writes itself and the industry groups are celebrating: Pell Grants are coming to CDL schools. The American Trucking Associations called it a move that would "dismantle financial barriers that prevent students from low-income households from accessing the career pathways that lead to the trucking industry." The Secretary of Education said a great education and a better life do not req
FMC monitoring war's effect on ocean shipping rates As the Iran war disrupts Middle East supply chains, the Federal Maritime Commission said it is closely monitoring the impact the current conflict is having on shipping conditions through the Strait of Hormuz. The regulator said it is using its statutory authority to ensure that rates, charges, and rules that common carriers have implemented as a result of the threats to commercial shipping in the
Every Carrier With a Florida Lane Has 111 Days to Get This Right - Or Face a $50,000 Fine and an Operations Ban A crash on the Florida Turnpike last August killed three people. The driver was Harjinder Singh, a native of India who had entered the country without authorization in 2018 and was operating a commercial motor vehicle under an out-of-state CDL. On March 6, 2026, the Florida Senate passed a bill in direct response to that crash - and to several other fatal incidents involving undocumented commerci
Trump starts trade probes on Mexico, China as tariff fight intensifies The Trump administration has opened a new set of trade investigations targeting 16 trading partners - including Mexico and China - over alleged unfair trade practices and industrial overcapacity that the White House says is undermining American manufacturing. The investigations, announced by the Office of the United States Trade Representative (USTR) on Wednesday, are being conducted under Sectio
BackOps raises $26M to automate global supply chains with AI BackOps AI, a San Francisco-based software company developing an AI-native operating system for supply chain operations, announced Thursday it has raised $26 million in Series A funding. The funding round - led by Theory Ventures - will go towards scaling the company's team and speeding up its product roadmap. BackOps stated in a news release sent to FreightWaves that its AI platform has been sh
Military logistics: new challenges in identity verification I have spent the last 12 years working with military household goods shipments. For most of that time the process was predictable. Transportation service providers (TSPs) moved belongings under permanent change of station (PCS) orders, and custody followed clear paths from origin to destination. But like many parts of the supply chain today, identity fraud is beginning to appear inside military l
Amazon partner airline ATI, pilots agree on provisional 4-year contract The union representing pilots at Air Transport International, an Ohio-based airline that operates more than 40 Boeing 767 cargo jets in Amazon's ( NASDAQ: AMZN ) air logistics network, said Friday it has reached a tentative labor agreement with the company after more than five years of contentious negotiations. The current contract was eligible to be updated in March 2021. The new labor agreement
6th Circuit rejects NLRB's Cemex rule, dealing blow to unionization efforts A decision by the National Labor Relations Board (NLRB) that has been viewed-and used-by unions including the Teamsters as an easier route to organize workers without a secret ballot election has taken a blow in a federal circuit court. In a decision handed down last week in the Sixth Circuit, a divided appellate court ruled that the NLRB had overstepped its authority in establishing its Cemex st
Supply chain layoffs spread across warehouses, factories and rail terminals A wave of layoffs across U.S. supply chains - from EV battery plants and auto parts factories to warehouses and rail terminals - has affected nearly 4,000 workers in recent weeks, according to company announcements and WARN filings across multiple states. Recent WARN filings and company announcements show job cuts across at least a dozen companies in states including California, Georgia, Tennesse
Ten Maersk ships 'trapped' in Persian Gulf The closure of the Strait of Hormuz by Iran has effectively trapped 10 Maersk ships in the Persian Gulf, its chief executive said. In separate interviews with CNN and the Wall Street Journal, Vincent Clerc said the Danish carrier's ships "cannot get out," are "stuck in the Upper Gulf" and cannot leave the region. As a safety measure, Clerc said the vessels have been grouped offshore and away from
Mudflap expresses interest AI capacity platform Parade This article has been updated with comments from Mudflap Mudflap has expressed interest in acquiring Parade. If completed, the deal would pair Mudflap's extensive fuel network with Parade's capacity management and carrier relationship platform, which has facilitated more than $40 billion in total cumulative freight transactions. Mudflap boasts more than 515,000 drivers. The Palo Alto/Menlo Park-
Descartes reports record quarter; announces acquisition Global supply chain SaaS provider Descartes reported another record financial performance Wednesday after the market closed. The company also announced the acquisition of an e-commerce solutions provider. Descartes ( NASDAQ: DSGX ) reported earnings per share of 52 cents for its fiscal fourth quarter ended January 31. The result was 9 cents higher year over year. Consolidated revenue of $193 mill
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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