Garamendi seeks answers on why Mare Island Dry Dock was not awarded key USCG contract When California ship repairer Mare Island Dry Dock LLC (MIDD) informed the City of Vallejo that it would permanently close its facility, resulting in the termination of all employees, it cited "unforeseen
Texas A&M Maritime Academy cadets honored for rescue role Cadets from the Texas A&M Maritime Academy whose actions led to the rescue of three people from a stranded vessel in 2024 were recognized this week for their life-saving actions with an
Saab launches second Polish SIGINT "spy ship" Poland's second SIGINT (Signals Intelligence) ship from Saab, ORP Henryk Zygalski, was launched in Gdansk, Poland, today. ORP Henryk Zygalski is the second of the two SIGINT "spy ships" being built under
Next-gen riverboat American Encore set for May debut Guilford, Conn.-headquartered American Cruise Lines reports that its new riverboat American Encore is on schedule for its May 2026 debut and inaugural season cruising the Columbia and Snake Rivers. Designed to be
Mass Maritime partners up for shipbuilding workforce development project There's a strong Finnish component to how Massachusetts Maritime Academy (MMA) will use the $5.8 million shipbuilding workforce development grant it was recently awarded by the U.S. Department of Labor. The academy
CMA CGM revises Operation Cost Recovery for shipments to Banjul CMA CGM has informed customers of a revised Operation Cost Recovery (OCR) applicable to cargo shipments destined for Banjul, Gambia. The updated charge will take effect from February 1, 2026. For shipments originating from the United States and U.S. territories, as well as Australia, Ecuador, Paraguay, Uruguay, Colombia, Venezuela, Panama and Brazil, the revised charge will apply from February 10
Suez Canal voyages rebound; Drewry launches Red Sea Diversion Tracker The number of containerships transiting the Suez Canal rose to 26 in the week ending 11 January, the highest weekly total in five weeks, according to Drewry Shipping Consultants' new Red Sea Diversion Tracker. The previous week saw only 10 transits, reflecting the post-Christmas lull. Large carriers CMA CGM/APL and MSC sent five 8,000+ TEU ships via Suez in week 2, up from two in week 1. Smaller
Grimaldi delivers ammonia-ready PCTC Grande Manila Grimaldi Group celebrated the delivery and christening of its new Pure Car & Truck Carrier (PCTC), Grande Manila , in Shanghai. This is the Group's seventh ammonia-ready vessel , designed for future use of ammonia as a zero-carbon fuel. The ship was built by SWS (Shanghai Waigaoqiao Shipbuilding) and CSTC (China Shipbuilding Trading Company) , part of China State Shipbuilding Corporation (CSSC).
PhilaPort closes 2025 with record container volume PhilaPort capped off a milestone year in 2025, posting record container throughput and outperforming national and regional trade trends to remain a leader among US East Coast container ports. PhilaPort handled a record 889,268 TEUs in 2025, representing a 6% year-over-year increase in container volume. This result exceeded overall U.S. trade growth projections of approximately 3%, underscoring Ph
Singapore posts record port performance in 2025 Singapore posted record port performance in 2025, achieving a record of 3.22 billion gross tonnage of vessel arrivals and 44.66 million TEUs of container throughput in 2025, a 3.5% and 8.6% increase from 2024, respectively. Marine fuel sales also hit a new high at 56.77 million tonnes, a 3.4% increase from 2024, with continued growth in the use of alternative marine fuels, which increased to 1.95
Port of NY/NJ announces the construction on AirTrain Newark system The Port Authority of New York and New Jersey has announced the start of the next major phase of construction on the new AirTrain Newark system, with work beginning on the guideway and track structure between the Newark Liberty International Airport Train Station and the P4 station. This phase of construction will require ongoing weekday service outages between the P4 station and the Airport Trai
COSCO SHIPPING Specialized Carriers welcomes three new eco-smart vessels COSCO SHIPPING Specialized Carriers started 2026 with the christening of three new vessels, strengthening its multi-purpose heavy-lift capabilities. SHENG FU means "great fortune" in Chinese-an apt name for the year ahead. Length: 199.9 m Five large-opening box-type cargo holds Multiple crane systems for heavy-lift, container, and dry bulk cargo 62,000 DWT, the 16th vessel in this c
ONE provides update on fire incident onboard ONE HENRY HUDSON Ocean Network Express (ONE) has issued a further update regarding the fire incident onboard the vessel ONE HENRY HUDSON , which remains berthed at Yusen Terminal (YTI) at the Port of Los Angeles. According to ONE, water discharge operations and the removal of distressed cargo from the affected bays were completed on 12 January. Discharge operations for all remaining containers onboard are schedul
PSA International sets new record with 105 million TEUs in 2025 PSA International Pte Ltd (PSA) achieved a new global milestone in 2025. The Group handled a record 105 million TEUs across its ports and terminals worldwide for the year ended 31 December 2025. This represents a 5% increase year on year and builds on the achievement in 2024, when PSA surpassed 100 million TEUs for the first time. PSA's flagship terminal in Singapore also delivered a record perfo
Tailwind Shipping Lines integrates with CargoWise WiseTech Global and Tailwind Shipping Lines, a subsidiary of Lidl, one of Europe's largest retailers, announced a direct data integration with CargoWise. The integration allows freight forwarders to plan, book, confirm, and manage ocean shipments in real time from within CargoWise, the logistics industry's leading execution platform. Freight forwarders can now access and book Tailwind Shipping Li
AMERIGO service to add Fos-sur-Mer call in France CMA CGM has announced that its AMERIGO transatlantic service will include a new call at Fos-sur-Mer, France, as part of ongoing efforts to enhance network coverage and service efficiency. The first call at Fos-sur-Mer, operating via the Eurofos Terminal, is scheduled for 10 February 2026. The inaugural call will be made by the vessel CMA CGM ENDURANCE, operating under voyage reference 0MRKJW1MA f
Update - Diana Shipping responds to Genco's rejection of acquisition proposal Diana Shipping Inc. ("Diana"), a global dry bulk shipping company, issued a statement following the response from the Board of Directors of Genco Shipping & Trading Limited ("Genco"). Firstly, Diana owns approximately 14.8% of Genco's outstanding common shares. The Company confirmed it received a letter from Genco's Board rejecting Diana's non-binding proposal to acquire all outstanding Genco sha
The emergency pivot that rewrote river port economics When Russia blockaded Ukraine's Black Sea ports in February 2022, three obscure Danube River terminals transformed overnight from marginal operations into the nation's economic lifeline
Luka Koper reports growth in key cargo segments The Container Terminal delivered strong performance. Throughput rose by 12%, reaching a new record of 1,272,161 TEUs. Growth came mainly from new business linked to supplying production facilities in hinterland markets. Reconfigured shipping services from the Far East and within the Mediterranean also supported volumes. The Car and RO-RO Terminal handled 914,817 converted units, narrowly missing
VCK joins forces with Aug. Bolten in the port of Amsterdam The consortium consisting of the Spanish company Ership, the German shipping line Aug. Bolten, and the Swiss Nova Marine has acquired the shares in VCK Port Logistics from VCK Group. This was announced by VCK Group on 9 January. The new partnership also includes Verenigd Cargadoorskantoor and Waterland Terminal. They will operate under the Dutch holding company Maja Stuwadoorsgroep. Ership and Au
Suez Canal traffic continues normally despite vessel grounding outside channel Navigation through the Suez Canal is proceeding normally in both directions and has not been affected by the grounding of the general cargo vessel FENER , according to the Suez Canal Authority. Admiral Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority, said the incident occurred outside the Canal's navigational channel, in the western anchorage area north of Port Said, app
Could Iran threat container shipping in the Gulf? Major transshipment hubs handling millions of containers annually could become targets in any US-Iran military escalation, threatening global supply chains despite representing less than 4% of regional trade flows
Port of Montreal receives Fisheries approval for Contrecœur expansion The Montreal Port Authority (MPA) has received authorization from Fisheries and Oceans Canada for the Contrecœur expansion and the new container terminal construction. The approval, under the Fisheries Act and Species at Risk Act, covers impacts on fish and fish habitats, including underwater work and wharf construction. "Receiving this authorization is the result of years of collaboration with F
Port Newark orders 20 hybrid straddle carriers from Konecranes Port Newark Container Terminal (PNCT) has ordered 20 hybrid Konecranes Noell straddle carriers to boost efficiency and cut emissions. The order was booked in Q4 2025. Delivery is set for Q4 2026. PNCT is one of the largest container terminals on the US East Coast. Its entire straddle carrier fleet comes from Konecranes Noell, with more than 200 units ordered over the years. After introducing its
Nordic Hamburg orders up to five MPPs in China German owner Nordic Hamburg has moved to grow its heavylift fleet, placing an order for three 13,300 dwt multipurpose vessels at China's Wuhu Shipyard, with options for two more units. The contract, with an undisclosed value, covers a new series of MPP/heavylift ships designed to handle project cargo, wind components and general freight. Deliveries have ...
Akastor unit DDW Offshore offloads AHTS Akastor-backed DDW Offshore has completed the sale of its anchor handler Skandi Atlantic, closing a deal worth $22.75m as the Norwegian owner continues to streamline its offshore fleet. The Oslo-listed oil-services investment group said the transaction was finalised today following charterer consent, which was a condition for completion. Proceeds from the deal will be used ...
Asyad Shipping steps up VLCC expansion with fresh Hanwha Ocean order Oman's Asyad Shipping has added further weight to its crude tanker ambitions, signing contracts for three new VLCCs at South Korea's Hanwha Ocean. The state-linked owner, part of the Asyad Group logistics platform, confirmed it placed the order, covering three 300,000 dwt newbuilds at a total price of about $388.5m. The vessels are dual-fuel ready ...
SRC Group: Containerised energy modules to the fore Containerised energy modules could be a common sight onboard the global merchant fleet of the future, says a leading name in retrofitting in this week's big Maritime CEO interview. According to Hannes Lilp, CEO of the repair and retrofit company SRC Group, the interest in alternative fuels shows no sign of ebbing, and he is ...
Marine Money changes hands US events and media group Diversified has acquired Marine Money, the long-running shipping finance conference and publishing brand, adding a financial pillar to its growing commercial marine portfolio. The Portland, Maine-based company said it has bought Marine Money from International Marketing Strategies (IMS), bringing one of the best-known names in maritime finance under the same ...
Container-capable newcastlemax newbuilds emerge as COSCO breaks the mould China's COSCO Shipping Bulk has moved to blur the traditional lines between dry bulk and liner shipping, ordering a series of container-capable newcastlemax bulk carriers in a deal that underlines how cargo flexibility is becoming a strategic asset. Busy COSCO has also revealed a major containership ordering spree, lining up 18 newbuildings worth about $2.7bn. ...
Sinokor cashes out of boxes in $3bn pivot to VLCCs A Korean shipping major's decision to cash in its container chips and invest them in VLCCs is having major repercussions in the sale and purchase markets. Brokers are agog at Sinokor's market-altering decision to largely exit the container scene in favour of supertankers, paying over the odds for available VLCC tonnage. Oslo-based Gersemi Asset Management ...
Genco slams door on Diana's takeover bid A takeover tussle is brewing in the US-listed dry bulk space after Genco Shipping & Trading formally rejected a cash buyout approach from Greek peer Diana Shipping, setting the stage for a public war of words between two established owners. The non-binding offer, tabled in November 2025, sought to acquire all Genco shares not already ...
Familiar Asian cities top the boxport podium The podium among global boxports remains the same going into 2026, with the three top Asian hubs reporting swelling container traffic in 2025 despite the cloudier global trading conditions. Shanghai International Port Group (SIPG) has reported a record-breaking 55.06m teu in throughput for 2025, a 6.9% annual increase in throughput, ensuring it retains its crown ...
Norway ensures continued oil and gas activity by awarding over 50 new licences The Norwegian Ministry of Energy has offered 57 new production licenses to 19 companies on the Norwegian continental shelf in the APA 2025 licensing round. Of the 57 production licenses offered in APA 2025, 31 are in the North Sea, 21 are in the Norwegian Sea, and five are in the Barents Sea. A binding ...
Ukrainian drones target Greek tankers off Novorossiysk Four Greek-managed tankers have been drawn into the escalating drone war in the Black Sea, with Ukrainian sources claiming a quartet of ships off Novorossiysk were targeted early on Tuesday as Kyiv and Moscow continue to trade blows against each other's energy arteries. Delta Harmony, Delta Supreme, Matilda and Freud - all under Greek management ...
US targets 'dozens' of Venezuela-linked tankers in shadow fleet squeeze The United States is gearing up to grab a lot more Venezuela-linked tonnage, with scores of seizure warrants now in play as Washington tightens its grip on the country's oil exports and the shadow fleet that moves them. According to sources quoted by Reuters, the US government has filed for court warrants to seize "dozens" ...
COSCO seals $2.7bn boxship order spree COSCO has confirmed a major containership ordering spree, lining up 18 newbuildings worth about $2.7bn as China's state-run shipping group adds both scale and fuel optionality to its fleet. In regulatory filings, COSCO said it has ordered twelve 18,000 teu LNG dual-fuel containerships at CSSC's Jiangnan Shipyard, alongside six 3,000 teu conventionally powered vessels at ...
Fugro extends PTSC partnership as Vietnam pushes offshore wind expansion Dutch surveyor Fugro has extended its memorandum of understanding with Petrovietnam Technical Services Corporation's subsidiary, PTSC Geos and Subsea Services, to meet Vietnam's rising demand for geophysical, geotechnical, and metocean data services. Under this additional two-year agreement, Fugro's full range of marine site characterisation services, combined with PTSC G&S' local survey capabili
Saipem taps EnerMech for subsea work on ExxonMobil's Guyana project Italian engineering giant Saipem has awarded oilfield services specialist EnerMech a subsea pre-commissioning services contract for the Whiptail development, some 210 km off Guyana's capital Georgetown. This award marks EnerMech's first project on the ExxonMobil-operated Whiptail field. It builds on its proven track record supporting subsea pre-commissioning campaigns offshore Guyana, including L
Vattenfall greenlights German offshore wind projects after permit approval Swedish utility Vattenfall has now taken the full final investment decision (FID) for the Nordlicht offshore wind cluster with a capacity of over 1.6GW. This follows the irrevocable permit for the Nordlicht II offshore wind farm issued by Germany's Federal Maritime and Hydrographic Agency (BSH). Construction of the wind farms is planned to begin in 2026, ...
Starlink runs into a wall in Chinese waters Elon Musk's Starlink might have had a banner couple of years building up a huge maritime following, but a court case in China last month serves as a reminder that the satcom provider faces hurdles in offering global coverage. China has started going after Starlink at sea, firing a clear warning shot at owners using ...
Daily Briefing 15 January 2026 Red Sea traffic struggling to gain traction | US tanker seizures rely on armed force rather than law | Cosco...
Red Sea traffic struggling to gain traction Red Sea traffic stalled in December as security uncertainty, shifting market forces and attractive Cape-route economics kept most operators from...
Performance Shipping sells another $50m of bonds 'Tap issue' hikes proceeds from company's Nordic bond
Shore power prep to challenge ports European shore power targets will be difficult to hit amid slow progress ahead of 2030 targets, mutual insurer warns
US tanker seizures rely on armed force rather than law Washington threatens additional captures of Venezuela shadow fleet vessels
Containerships continue to dominate alt fuel newbuildings DNV data shows orders for alternative fuel newbuildings decreased significantly last year, but is that the result of waning confidence...
The Daily View: Why shipping needs to watch out for an Iranian revolution 2.0
PSA International handles 105m teu globally in 2025 The port operator builds on its above-100m record from last year
Diana Shipping slams Genco board for rejecting takeover bid without talks Backed by up to $1.1bn in financing, the 14.8% holder says it's weighing options to push the deal forward
Singapore port throughput and fuel sales post new highs in 2025 The MPA also opened applications for LNG bunkering licences and plans to implement new LNG bunkering standards next quarter
Cosco turns to LNG for 18,000 teu newbuilds in $2.7bn boxship spree Cosco's Yuan18.8bn newbuild orders mark its LNG dual-fuel debut for large boxships and accelerate its fleet renewal programme
Daily Briefing Trump Iran-linked tariff plan adds fresh risks to tanker and wider shipping markets | Prospects for Venezuela tanker return looking...
Shipper-turned-carrier integrates with CargoWise to target forwarder business Tailwind Shipping, which emerged during the pandemic as a vessel operating arm of retailer Lidl, has enabled booking and shipment management tools within , the widely used forwarding software platform.
Canada's Port of Saint John ready for larger ships, more containers Canada's eastern-most port has completed the final phase of a project that has added a new berth and increased track capacity for handling intermodal rail.
Regional security risk too high to consider Red Sea return: global shipper group The rapidly unfolding situation in Iran and threatened US military action there is posing a "real and significant" risk that attacks on merchant shipping in the region will resume, according to the head of the Global Shippers' Forum.
Maersk set to resume regular Suez transits on India-USEC 'MECL' loop: sources The move follows the successful trial transits of the Maersk Sebarok in December and the Maersk Denver, which sailed through the waterway this week.
Intermodal cooperation on rails has declined amid cost pressures Cooperation in the form of steel-wheel interchange has fallen out of fashion as railroads have become less willing to do the necessary work that is intrinsic in the swap of volume on rail, according to Larry Gross.
Hapag-Lloyd's terminal arm takes full control of terminal at Port Everglades Florida International Terminal specializes in container and general cargo handling and provides direct connectivity to major highways and rail networks.
'Not going to happen': The one thing Scorpio Tankers rules out doing with its big cash pile Robert Bugbee sets some capital-allocation priorities when it comes to dividends, buybacks and consolidation moves
DHT and Frontline fixtures drive VLCC rates past $100,000 per day as geopolitics buoy sentiment Sinokor deals also help sentiment in VLCC market, Fearnleys says
Existential threat to container charter market as liner operators buy 170 vessels About half the boxships sold in 2025 were from non-operating owners
MOL Switch, Shell Ventures and Air Liquide in second round of funding for novel tech firm Meet the California start-up that says it can reduce the cost of green ammonia by 40%
Kjell Inge Rokke company cuts debt with AHTS sale at firm price DDW Offshore has offloaded the Skandi Atlantic for $22.75m
Hoegh Autoliners signs on to World Shipping Council Industry group advocated for IMO net zero framework and against US port fees
Baltic Exchange adds new tanker routes as demand grows in northern Europe Short-haul assessments are being launched to provide a definitive benchmark for freight rates
Solvang Gas Carriers swoops for Vitol VLGC trio Deal brings fleet to 16 for Black Rock-Stensland tie up
Feed the cokers: Why US refineries are hungry to import Venezuelan oil US is a net exporter of crude, but its refineries are built for Venezuela's oil
Asyad Shipping inks trio of VLCC newbuildings in deal worth almost $400m Expanding Omani shipowner moves fleet renewal attention on to its large tanker fleet
Joakim Hannisdahl's hedge fund gains from flurry of tanker deals Norwegian investor points to geopolitical risks and Sinokor VLCC purchases for rising shares
Heogh Autoliners signs on to World Shipping Council Industry group advocated for IMO net zero framework and against US port fees
Middle East trading giant charters VLGC newbuilding from NYK Japanese giant says large gas carrier ready to carry clean ammonia for BGN
Iranian oil exports crater as country's future on knife-edge China appears to be looking elsewhere for supplies, ABG Sundal Collier's Petter Haugen says
Existential threat to container charter market as liners buy 170 vessels Around half the boxships sold in 2025 were from non-operating owners
Tankers International poised to shed VLCCs if Sinokor buys conclude Spotlight falls on seven vessels owned by CMB.Tech and International Seaways
Greek owner Michael Lykiardopulo retires as senior Lloyd's Register director UK organisation pays tribute to long-serving board member
Harald Moraeus-Hanssen and investors ink deal for new kamsarmax bulkers Norwegian shipowner is spending more cash in the dry cargo sector
Genco spurning Diana offer no surprise due to 'unusually large' trading discount, analysts say Investors appeared to have priced in low probability of takeover, Fearnley Securities believes
Signal aframax pool adds new tankers as it beats rivals by $3,800 per day Expanding Greek operator explains trading philosophy behind consistent results
UK start-up wins funding to speed up chartering deals from days to hours Portuguese fund Ventures.eu is one of the backers of a software company aiming to transform shipping
Zelenskyy: Political pressure has stopped one-fifth of Russian shadow fleet Ukraine is taking steps to expose Moscow's attempts to rebuild its dark fleet
Third VLCC leaves Venezuela as PDVSA steps up exports with US blessing Oil shipments rising again after Trump administration's blockade cut volumes to almost nothing
Asyad Shiping inks trio of VLCC newbuildings in deal worth almost $400m Expanding Omani shipowner moves fleet renewal attention on to its large tanker fleet
Maritime start-up network launched by former MarineTraffic principal Marinn will seek start-ups, venture funds and established shipping firms aiming to develop the next major innovation
HMM shows off South Korea's first domestic wind propulsion system Owner promises dry bulk fleet roll out if tests prove significant fuel savings
'A different mindset': Meet the new head of Norden's operated bulker fleet New-look team brings a different perspective to Norden's bulker activities, inspired by the clients it serves
Lomar Shipping to test AI crew stress monitoring tool Signal Fusion to trial system using audio recording on Lomar vessels with backing from lomarlabs
Brother of Ioannis Alafouzos cashes in a sliver of Okeanis Eco Tankers shares Primary insider Themistoklis Alafouzos continues to adjust his holding in Greek tanker owner
US files warrants to seize dozens more tankers trading with Venezuela Aim is to control shipments of the South American country's crude
Maritime startup network launched by former MarineTraffic principal Marinn to look for startups, venture funds, and established shipping business looking to develop the next big thing
Performance Shipping banks $50m by selling more bonds at a premium Tanker owner will use proceeds for general corporate purposes
Hunted to hunter: What Genco Shipping says about rejecting and then targeting Diana Diana Shipping's ownership structure protects it from a hostile takeover, but it may have some explaining to do
Cosco orders world's first newcastlemax bulkers with container carrying capability Chinese giant has has ordered three "unconventional" methanol/ammonia newbuildings at Qingdao Beihai
Cosco outlines order for 18 container vessels worth $2.3bn at two domestic shipyards The 18,000-teu newbuildings were part of the 106 vessels that the group company disclosed last year
Procured through fraud: US court vacates Eletson arbitration award Judge hands Canadian hedge fund Murchison another victory in its long-running battle with Greek company.
Singapore's MPA calls for more LNG bunker fuel suppliers Industry body will also upgrade its LNG bunker reference to a Singapore Standard by Q2 2026
Bourbon-linked offshore vessel auctions pushed back for up to 50 days However, starting prices on Chinese online auction platform remain unchanged
HMM shows off South Korea's first domestic wind propulsion system HMM promises dry bulk fleet roll out if tests prove significant fuel savings
Four dry bulk brokers join Ifchor Galbraiths after leaving Affinity While broking ship won't comment on new hires, it says it is focused on attracting new talent.
PIL splits $1.5bn container ship haul between China and South Korea First newbuilding deal in 15 years at a South Korean shipyard
Pac-Man attack: Genco Shipping rejects Diana takeover bid and turns the tables Diana blasts Genco's unwillingness to engage but now finds itself fielding an acquisition proposal from its target
Abilene Motor Express being absorbed into Swift Abilene Motor Express, almost eight years after being acquired by Knight Swift , is being folded into the Swift Transportation segment at the company. In internal communications obtained by FreightWaves, Larry Johnson, the president of Abilene Motor Express, said the move was "part of a broader effort to improve efficiency and streamline operations." "This alignment helps us work more cohesively,
What OOIDA Is Really Fighting For on Right to Repair The conversation around Right to Repair has been floating around trucking for years, but it's usually talked about in vague terms. More access. More fairness. More competition. What Owner-Operator Independent Drivers Association (OOIDA) is pushing for right now is much more specific - and much more urgent. At its core, this is about who controls your truck after you buy it. The Core Issue in Simp
Heavy haul freight exposes the limits of one-size-fits-all load boards Load boards have always been a paradox of choice. Thousands of loads scroll by every hour, but for most carriers, only a small fraction are actually viable. For heavy haul operators, that mismatch isn't just inefficient, it's expensive. Oversize and over-dimensional freight operates under a different set of rules than standard dry van or flatbed moves. Pricing a single load can involve permits ac
LTL pricing index hits new high in Q4 Less-than-truckload rates hit a new high in the fourth quarter "as carriers flex[ed] pricing power despite limited demand," a quarterly report from 3PL AFS Logistics and financial services firm TD Cowen said on Wednesday. Rates are expected to cool modestly in the seasonally weak first quarter. The LTL rate-per-pound component of the TD Cowen/AFS Freight Index stood 67.9% above its January 2018 b
Proliferation of parcel delivery surcharges drives up shipping rates Extra fees for parcel shipping were the main contributor to higher-than-expected rates during the fourth quarter last year and rates are expected to rise again in 2026, according to a quarterly report from AFS Logistics and TD Cowen investment bank released on Wednesday. The ground parcel rate per package was up 34% above the 2018 baseline during the peak delivery season. The record high was driv
Winter Downtime is the Perfect Moment for Cold Chain Optimization The refrigerated freight industry operates on a seasonal rhythm that smart carriers are learning to leverage. While produce season demands all hands on deck from May through August, the winter months offer a strategic window for operational improvements that can define success in the year ahead. In a recent episode of Running On Ice, host Mary O'Connell sat down with Travis Ross, Senior Sales Eng
Flat volumes a win for Port of Oakland in unstable year The Port of Oakland handled 179,580 twenty foot equivalent units (TEUs) in December, down 1.7% year-on-year as cargo volumes stabilized in the face of uneven global trade conditions. Loaded containers totaled 140,050 TEUs, a decline of 3% compared to December 2024. Loaded imports fell 12.8%, while loaded exports were 10.9% higher. Oakland and other West Coast ports outside of southern California
FMCSA keeps pressure on non-compliant ELD vendors WASHINGTON - The Federal Motor Carrier Safety Administration is maintaining into 2026 its rigorous pace of removing hardware from its list of approved electronic logging devices after a surge in revocations in 2025. The agency removed four more ELDs on Tuesday after revoking 38 devices in 2025, an increase of over 80% compared with 2024. "If an ELD isn't meeting federal requirements, it's taken o
Canada port, DP World complete $178M modernization Canada's Port Saint John and terminal operator DP World announced the completion of the Atlantic seaboard hub's $178 million West Side Modernization Project. The three-way public-private partnership included investment of more than $54 million in terminal infrastructure investments by Dubai-based DP World between 2022 and 2025. "This milestone is a testament to what we can achieve when we invest
Southeastern Freight Lines joins regional carriers moving into Mexico trade Southeastern F r eight Lines has formed a partnership with Fletes México Carga Express aimed at strengthening cross-border less-than-truckload (LTL) service between the U.S. and Mexico, the companies said Monday. The collaboration is designed to deliver faster and more reliable freight movement across the border, supported by end-to-end shipment visibility, coordinated documentation review and in
Louisiana staged truck accident indictment widens as trials and sentencings loom A superseding indictment in the ongoing Louisiana staged accident scam is notable for widening the indictment of one of the key players in the conspiracy but also showing that the scope of the planned truck collisions had more incidents than in the earlier set of federal charges. The broader indictment handed down last week by the U.S. Attorney for the Eastern District of Louisiana was an extensi
The Silent Profit Killer in Transportation & Logistics The transportation and logistics sector has proven its resilience through several major disruptions and supply chain upheavals including events like the pandemic, the blockage of the Suez Canal, the Russia-Ukraine War, but today's operational realities present a new set of challenges that can't be solved simply by adding more hands to the deck. The traditional approach to scaling operations isn't
Vooma, SONAR partner to bring high-frequency freight intelligence to your inbox Vooma, a leader in automated email quoting, and SONAR , the leading provider of high-frequency data for the global supply chain, are excited to officially launch our partnership. Through this partnership, mutual customers can now embed SONAR spot rates and lane scores directly into their users workflows to enhance decision-making at the point of quoting. This integration targets the "revenue sitt
Penske Logistics is moving from AI experimentation to execution After a six-month pilot, the Reading, Pennsylvania-based logistics provider is rolling out an agentic AI platform from Augment across its operations, heralding in a deeper commitment to applying artificial intelligence to day-to-day freight execution. The implementation expands Penske's existing track-and-trace capabilities by adding an AI "teammate" designed to actively pursue shipment status up
Driver Legitimacy Summit takes on CDL fraud: Feb. 5-6 Leaders in transportation, insurance, enforcement and shipping will convene on Feb. 5-6 in Atlanta for a two-day working summit to develop an action plan to address unauthorized and fraudulent commercial drivers. The event is a "closed-room, solution-oriented working session" for stakeholders to produce verification standards and policy recommendations around compliance, safety, underwriting, enf
Temu challenges Amazon for cross-border e-commerce dominance Temu matched Amazon in cross-border e-commerce sales during 2025 with a 24% share of the market, highlighting the company's blistering growth over the last three years, according to a survey by postal services provider International Post Corp. In 2022, Temu's international online sales represented 1% of the market. Chinese fast-fashion retailer Shein, despite explosive sales between 2020 and 2023
Retail optimism boosting trans-Pacific container rates Container rates on the eastbound trans-Pacific continued their recent strengthening, a sign that restocking sentiment among U.S. retailers may be improving. Spot Asia-U.S. West Coast rates increased 5% to $2,757 per forty foot equivalent unit (FEU), according to analyst Freightos (NASDAQ: CRGO ). Prices on the Asia-U.S. East Coast trade increased 7% to $4,033 per FEU. "The current rate bumps to N
Motive launches AI Dashcam Plus with with human-like depth perception Motive recently announced the release of its AI Dashcam Plus. The technology and telematics company touted the device as a first-of-its-kind dashcam that brings improved AI capabilities, hands-free communication and greater reliability in one unified device. The company said the dual-facing AI Dashcam Plus is powered by a Qualcomm Dragonwing QCS6490 processor, delivering three times more processi
Five State of Freight takeaways: tighter market is holding It was in the December State of Freight , which took place not even four weeks ago, where Zach Strickland, the head of market analysis at SONAR, and his co-presenter at that time, FreightWaves editorial director J.P. Hampstead, could discuss a trucking market that was suddenly stronger. That was the focus of most of the January webinar as the data that appeared shocking in December now has a few
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