PSA Mumbai welcomes maiden call of KIX service connecting the Middle East and India
Entry into force of India-UK FTA welcomed; seen as landmark opportunity for Indian exporters
Minister unveils more structural reforms to strengthen rail freight operations
Greenfield shipbuilding cluster and state-of-the-art ship repair facility approved in Gujarat
TVS ILP launches ONE TVS ILP, a digital app for seamless warehousing operations
US reinstates Iran naval blockade, hits Shamkhani Shipping Network with sweeping sanctions
India-China bilateral trade nears $92 bn in first half of 2026
FAPAA meet in Kathmandu confers on key issues
Maritime industry called to brace for prolonged network disruptions, structural supply bottlenecks and rising energy prices throughout 2026
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Shyam Jagannathan assumes charge as Director General of Maritime Administration and Director General, Bureau of Port Security
Minister launches whole-of-government approach to safeguard every Indian seafarer operating in the conflict-affected West Asia region
CONCOR 2026-27 Q1 volume
Operational Data of Gujarat Pipavav Port Limited for the Quarter ended 30th June 2026
Navi Mumbai International Airport commences international cargo operations
UK Deputy High Commissioner (Gujarat & Rajasthan) flags off export containers from ICD Sanand under the India-United Kingdom Comprehensive Economic & Trade Agreement effective July 15
CENTCOM reimposes blockade, strikes new Iranian targets With the U.S. blockade of Iranian ports back in effect,U.S. Central Command (CENTCOM) completed a morning round of strikes against Iran at 7:30 a.m. ET on July 15. It said that precision
Fincantieri Bay starts dry dock work on WWII submarine USS Silversides Fincantieri Bay Shipbuilding in Sturgeon Bay, Wis,, welcomed a national treasure to the shipyard yesterday as the USS Silversides - a decorated WWII submarine - arrived for a three-month preservation project after
Wärtsilä signs five-year lifecycle agreement for Turquoise P FSRU Wärtsilä has signed a five-year lifecycle agreement with Ireland-based Pardus Energy to support the operation of the floating storage and regasification unit (FSRU) Turquoise P. The agreement will provide dedicated contract management,
JPMorganChase makes $24M available to help strengthen shipbuilding in Philadelphia JPMorganChase, the largest U.S. bank and one of the world's leading financial services providers, today announced that it is making $24 million available to strengthen Philadelphia's shipbuilding and maritime manufacturing industry-supporting skills
VIDEO: Vatn unveils SIGURD autonomous mine countermeasure system Bristol, R.I.-based Vatn Systems, a defense technology startup founded in 2023 and focused on autonomous underwater vehicles (AUVs) has launched SIGURD a fully modular mine countermeasure system. Designed to both detect and
Bridgeport and Port Jefferson Steamboat Co. makes senior management promotions The Bridgeport and Port Jefferson Steamboat Co. has promoted four senior managers as part of a leadership reorganization, President Brian Buckley McAllister announced. The promotions are: Founded in 1883, the Bridgeport and
Indian Register of Shipping launches NEURON digital platform The Indian Register of Shipping (IRS) has launched NEURON, a digital platform that provides faster access to its technical rules, guidelines and classification publications. The platform gives users a single, searchable interface for IRClass Rules, Classification Notes, Guidelines and other technical documents. IRS said the system will help maritime professionals find information more quickly and
K Line names ninth LNG carrier built for QatarEnergy Kawasaki Kisen Kaisha ("K" Line) has announced the naming of a new 174,000 m³ LNG carrier being built for QatarEnergy. The vessel, named HALWAN , was christened during a ceremony held on 14 July at HD Hyundai Heavy Industries' shipyard in South Korea. The name is derived from a water source in Qatar. HALWAN is the ninth of 12 LNG carriers being constructed by a joint venture for QatarEnergy and
KR and HD Hyundai complete Korea's first ammonia vessel trial Korean Register (KR) and HD Hyundai Heavy Industries (HHI) have taken another step towards maritime decarbonisation by completing Korea's first sea trial of an ammonia dual-fuel propulsion vessel. The trial forms part of the Ministry of Oceans and Fisheries' Green Shipping Corridor Construction Support Project, which aims to establish an operating environment for ammonia-fuelled ships in South Ko
Hamilton Oshawa Port Authority joins PIER innovation ecosystem The PIER has welcomed the Hamilton Oshawa Port Authority as its newest ecosystem member, expanding its global network of ports, technology companies, supply chain partners, researchers and startups. The partnership is designed to advance port innovation and the adoption of practical supply chain solutions, with a focus on strengthening supply chain resilience and supporting trade diversification.
Samskip joins HyShip initiative to advance hydrogen-powered shipping Samskip has joined the European HyShip initiative to help accelerate hydrogen-powered shipping and develop liquid hydrogen infrastructure across Europe. The move brings Samskip's SeaShuttle project into a consortium of maritime, energy, research and regulatory partners. The group aims to develop the technologies and infrastructure needed for zero-emission shipping. Samskip is building two hydroge
Port of Riga joins Baltic PILOTech project LVR Flote has joined the international PILOTech project, a three-year Baltic Sea regional initiative aimed at reducing CO2 emissions from pilot boats and promoting more environmentally friendly pilotage services. The project is co-financed by the Interreg Central Baltic Sea Region Programme with a total budget of EUR€2.7 million, of which EUR€2.2 million comes from European Union funding, and is
Hapag-Lloyd announces GRI for North America shipments Hapag-Lloyd will introduce a General Rate Increase (GRI)/General Rate Adjustment (GRA) on shipments from the Indian Subcontinent, Pakistan and the Middle East to the United States and Canada. The adjustment will apply to cargo transported in 20ft and 40ft dry, reefer and special containers, including high cube equipment, for all containers gated in from 15 August 2026. The new rates will remain
Oakland port appoints board president The Oakland Board of Port Commissioners has unanimously elected Stephanie Dominguez Walton as Board President, with her 12-month term commencing July 23, 2026. Fellow commissioners elected outgoing Board President Andreas Cluver as First Vice President and Commissioner Barbara Leslie as Second Vice President. Dominguez Walton was appointed to the Board in 2023 and is the Founder of Her Mano Group
Kyiv's drone campaign turns the shadow fleet's route Into a kill zone Nine days, 116 vessels struck, and a chokepoint closed without a single declared blockade Ukraine has opened a third kinetic front against the tonnage sanctions alone couldn't stop
WE Tech Solutions and Everllence partner on maritime decarbonisation WE Tech Solutions and Everllence have signed a memorandum of understanding (MoU) to develop electrification and decarbonisation solutions for the maritime industry. The agreement expands PrimeServ Omnicare's portfolio and supports Everllence's "Moving Big Things to Zero" strategy. The companies signed the MoU during Posidonia 2026 in Athens. The partners will combine WE Tech's expertise in electri
CMA CGM launches KORA EXPRESS service linking North Europe and West Africa CMA CGM will launch its new KORA EXPRESS service to strengthen container connections between Northern Europe and West Africa. The weekly service will offer direct calls to key West African markets, including Ghana, Nigeria and Benin. CMA CGM said the service will provide faster transit times, increased capacity and improved network reliability. The carrier highlighted a 15-day transit time from A
Port of Long Beach posts double-digit cargo growth in June The Port of Long Beach handled 779,331 TEUs in June, marking its third-busiest June on record and a 10.6% increase compared with the same month last year. Imports rose 11% to 387,025 TEUs. Exports slipped 1.3% to 86,446 TEUs. Empty container volumes increased 14.1%to 305,860 TEUs. The port moved 4,829,578 TEUs during the first six months of 2026. That represents a 1.7% increase over the same peri
Toxic chemical leak halts shipping at Antwerp-Bruges port A toxic chemical leak aboard an MSC container ship triggered a major emergency response at the Port of Antwerp-Bruges, leading to the temporary suspension of shipping operations in part of Europe's second-largest port. The incident occurred on Tuesday aboard the MSC MIA SUMMER II , which was berthed at the Deurganck Dock, after a container carrying hydrofluoric acid was found to be leaking. Emerg
Freightos Weekly Update: Hormuz closure pushing fuel costs back up Following weeks of gradually escalating Iranian attacks and US retaliations - which started soon after the sides signed the Memorandum of Understanding meant to reopen the Strait of Hormuz - the status of the key waterway has returned about to where it was before the ceasefire. Iran asserts that the strait is closed to vessels that do not obtain Iranian permission to pass and that seek to transit
Hanseatic Global Terminals orders STS and RTG cranes for new Aracruz terminal Hanseatic Global Terminals (HGT) and Grupo Imetame have signed an agreement with SANY to supply key container-handling equipment for their new terminal in Aracruz, Espírito Santo, Brazil. The order includes ship-to-shore (STS) cranes and rubber-tyred gantry (RTG) cranes. The equipment will support operations at the greenfield container terminal, which is currently under development. HGT and Grupo
DP World bets hundreds of millions that Hormuz won't reopen A new Fujairah port converts five months of improvised rerouting into permanent national infrastructure, confirming the UAE's east-coast pivot is a structural bet, not a contingency plan
East Asia remains the world's largest container export region East Asia remained the largest container export region in June 2026, according to EconDB operational estimates. The region generated an estimated 7.20 million TEU of exports during the month. This represented nearly one-third of the global total. The wider dataset, which covers February 2022 through June 2026, also shows that East Asia held the leading position in every month shown. Europe and So
Vancouver Fraser Port selects proponent for Roberts Bank Terminal 2 The Vancouver Fraser Port Authority has selected TerraMarine as the preferred proponent for the landmass and wharf component of the Roberts Bank Terminal 2 Project, marking a significant milestone in delivering what the port authority describes as a nation-building infrastructure project. The selection follows a competitive procurement process that began with a request for qualifications in July
The Decoupling: When carrier earnings stop measuring network health Sea-Intelligence puts the global fleet's missing capacity at 1.8 million TEU. Carrier profitability has never looked steadier. The gap between those two facts is the story
Maersk introduces peak season surcharge on Turkey-Somalia trade Maersk will introduce a Peak Season Surcharge (PSS) on shipments from Turkey to Somalia, effective 28 July 2026 until further notice. Under the new tariff, the surcharge will be set at US$200 per 20ft dry container, US$300 per 40ft dry container and US$300 per 45ft dry container. Maersk said the PSS will apply to non-SPOT bookings based on the Price Calculation Date (PCD). The surcharge will not
Maersk removes AC1 voyage on Far East-West Coast Latin America service Maersk will cancel one round voyage on its AC1 service connecting Far East Asia with the West Coast of Latin America as part of a temporary schedule adjustment. The change affects the eastbound voyage 632E, scheduled to depart Ningbo on 8 August 2026, and the corresponding westbound voyage 636W, due to call at Lázaro Cárdenas on 31 August 2026. During the disruption, Maersk said customers can con
Rubico expands MR tanker newbuild bet with Top Ships deal Nasdaq-listed tanker owner Rubico has agreed to acquire an MR newbuilding from former parent Top Ships, hours after announcing plans to leave the megayacht sector and redirect capital towards tankers. The Athens-based company will pay about $6.25m for the shares of a special-purpose company holding a contract for a 47,499 dwt product and chemical tanker ...
Minerva scales up boxship bet with Hengli quartet Greek owner Minerva Dry has moved into larger containerships with an order for four 6,000 teu newbuildings at China's Hengli Heavy Industries. Shipbroking sources place the conventionally fuelled quartet at the Dalian yard for delivery in 2028. No price has been disclosed, but comparable ships are being quoted at around $80m each, putting the latest ...
AF Offshore Decom and Heerema land another North Sea removal deal Decommissioning specialist AF Offshore Decom, in consortium with Heerema Marine Contractors (HMC), has been awarded a contract for the engineering, preparation, removal, and disposal of a North Sea platform on the UK Continental Shelf. This marks the second contract awarded to the consortium within a short timeframe. The previous contract, for the removal of an ...
Tetragon Energy advances Philippines acreage with seismic overhaul Perth-based Tetragon Energy has kicked off work to boost the value of its permits offshore the Philippines by awarding a seismic reprocessing contract to Perth-based DUG Technology. The company, which operates the SC-80 and SC-81 permits with partners Sunda Energy, Philodrill, and PXP Energy, said the move is the first major step in its plan ...
Principle Power wins French floating wind O&M contract Floating offshore wind engineering firm Principle Power has been awarded the operations and maintenance support contract for the 30MW Éoliennes Flottantes du Golfe du Lion (EFGL) project in the French Mediterranean operated by Ocean Winds. The agreement with EFGL covers the three WindFloat foundations, which host three Vestas 10MW turbines, the most powerful turbines operating ...
Tata lines up $1bn Kerala shipbuilding move Indian conglomerate Tata Group is seeking approval for a Rs100bn ($1bn) shipbuilding investment in the southern state of Kerala. Kerala chief minister V.D. Satheesan said the state government was considering the proposal and could approve the project within a month. The state would provide land for the development. The proposed venture would mark Tata's entry ...
Shipmanagement's AI reckoning With MOL and IBM, and NYK and Microsoft, joining forces, Peter Schellenberger argues the AI-powered 24-hour operations centre will define the next generation of shipmanagement - and could double the industry's share of the world fleet. I read with interest the recent SplashTech article that Mitsui OSK Lines and IBM have jointly developed an AI-powered ...
KC Maritime returns to China for ultramax pair Hong Kong-based bulker owner KC Maritime has returned to the newbuilding market with an order for two ultramaxes in China. The shipping arm of the Chellaram Group signed the 63,500 dwt pair at Jiangsu Soho Chuangke Shipbuilding, with no price or delivery dates having been disclosed. KC Maritime traces its shipping operations back to 1980 ...
US revives Iran blockade after Trump toll U-turn Donald Trump has abandoned his plan to charge ships 20% of cargo value to transit the Strait of Hormuz, dropping the toll just hours before the US reimposed its blockade of Iranian ports and replacing it with promises of massive Gulf investment into the American economy. The US president stunned the shipping world on Monday ...
Ukraine's Azov campaign eclipses the tanker wars of the 1980s Ukraine has hit 116 Russian vessels in nine days in the Sea of Azov, a campaign so intense it will go down as one of the most concentrated series of attacks on merchant shipping ever recorded - eclipsing, in terms of ships struck per day, even the tanker wars of the 1980s. The blitz, which ...
Unity expands into Asia with rigless intervention contract Aberdeen-based well-integrity and decommissioning specialist Unity has entered the Asia-Pacific market with its first significant contract in Malaysia, partnering with Reservoir Link on a three-well rigless intervention programme for an international offshore operator. The company claimed that the deal marks an important step in its regional expansion strategy. The work will see Unity and Reservo
EU signs off on $72bn French offshore wind package The European Commission has signed off on a €63bn ($72bn) French support scheme for offshore wind, giving Paris the green light to push ahead with one of Europe's largest fixed-price clean power programmes. The package will support the construction and operation of 11 offshore wind farms across the North Sea, the Atlantic, and the Mediterranean ...
CSSF: Why containership fires keep getting worse Member fleets of the Container Ship Safety Forum (CSSF) improved in several key safety metrics last year, but one trend stood out for the wrong reasons - fire frequency rose for a third consecutive year. For Swapnodeep 'Swapan' Mondal, second chairman of the CSSF and group director of operations at Anglo-Eastern, that is a warning ...
South Korea joins the US in probe of container manufacturing giants South Korea has opened an antitrust investigation into four of the world's largest container manufacturers, expanding regulatory pressure on companies already facing criminal and civil proceedings in the United States over alleged price-fixing during the pandemic. The Korea Fair Trade Commission (KFTC) is investigating Singapore-based Singamas and Chinese manufacturers China International Marine
Windcat secures long-term Ørsted CTV contracts Windcat, part of Saverys' family-controlled CMB.TECH, has signed long-term contracts to supply crew transfer vessel services to support Ørsted's offshore wind farm operations based out of Grimsby. Ørsted's Generation UK Hub operates and maintains six offshore wind farms from Grimsby's Royal Docks, delivering green energy to millions of homes and businesses. The agreements will run ...
Norway brings offshore strike to a close Norway's offshore oil service strike has been ended after SAFE and Offshore Norge agreed to take the wage dispute to a voluntary wage board. The deal means the strike and lockout are over and that workers will return as soon as practicable. The dispute had affected offshore drilling activity and cut into Norway's petroleum output, ...
Five seafarers killed as Russia and Ukraine trade Black Sea blows Five seafarers are dead and 12 of their crewmates injured after a Russian drone slammed into a merchant ship working cargo at a port in the Odesa region yesterday morning, one of the deadliest single strikes on commercial shipping in nearly four and a half years of full-scale war. The Togo-flagged general cargoship was discharging ...
Russian ban and Hormuz setback deliver one-two punch to seaborne diesel Diesel - which accounts for around a third of coated product tanker cargo volume - is under siege, courtesy of Ukrainian attacks...
The Daily View: The price of passage - Hormuz's future may come with a fee
Industry waits to see what Brussels has in store for the EU ETS How much money will be raised, how it will be spent, and how to maintain a level playing field are...
Hormuz traffic reduced to a trickle of dark transits as Iran threatens pipeline oil flows Shipowners are retreating into dark transits as renewed US-Iran hostilities choke traffic through the Strait of Hormuz, raising fears that...
Speculative LNG carrier orders rise despite mounting Hormuz uncertainty A noticeable uptick in uncommitted LNG carrier orders reflects growing optimism among shipowners and investors about the long-term LNG freight...
'AIS-assisted collisions' now recurring factor in casualties, warns Gard Technology best used to supplement sound navigation basics
US slaps more than 50 new sanctions on Iran shadow fleet network The US Treasury's Office of Foreign Assets control announced a fresh batch of sanctions against people, entities and vessels it...
Middle East port update: Wednesday, July 15 Port access, cargo operations alongside vessels at berth, and other port activities continue as normal. ISPS Level is now 2
Asia armed robberies decline but Hormuz turmoil raises regional risk The Hormuz crisis could also pose a significant distraction for authorities and defence firms, leaving surveillance gaps elsewhere
Containership orders hit record high despite looming overcapacity fears Boxship orders surge past 40% of the global fleet, fuelled by Chinese yards and mega deals, but a potential supply...
Daily Briefing 'Back to square one' for crude markets after Iranian attacks on shuttle VLCCs | Trump may have abandoned his Hormuz...
Chicago chassis fleet faces first post-COVID-19 test as West Coast imports rise The pressure remains far less severe than the shortages that disrupted inland supply chains during the pandemic, but after nearly four years of relative stability, truckers and rail workers say equipment gaps are emerging.
LTL CEOs see firmer demand, higher revenue driven by truckload tightness Three executives told a webinar they have great expectations for 2027, but shippers keep raising the performance bar.
Data center-linked cargo keeps peak season alive on trans-Pacific Imports of hardware and infrastructure components for data center buildouts are keeping volumes steady, though masking weakness in the consumer merchandise sector, sources say.
AI equipment competes with e-commerce for limited air cargo space Air freight carriers are scrambling to address the demand, injecting capacity into the fast-growing corridors out of Southeast Asia and Taiwan.
Truckload shippers need to rethink what it means to be a 'shipper of choice' There's still value to being a shipper of choice in the truckload sector, but the relationship needs to deliver deeper value on both sides of the carrier-shipper aisle.
Delfin advances second FLNG unit on tie up with MidOcean New partners are set to explore third floating LNG production unit together
Capesize spot rates fall sharply as fixing eases in Pacific market Rally in rates appears to be taking a breather
Ofac cracks down again on Iranian kingpin's shipping empire US targets 20 more vessels in Mohammad Shamkhani's 'sanctions evasion network'
VLGC spot rates surge as charterers pull out of Strait of Hormuz deals Market players say US price arbitrage widens to Asia
Stolt vessel attack fails to deter tanker fixing in Gulf of Oman Loadings from Fujairah and Muscat have helped weaken the blow to the oil market
Inglessis-led Alberta returns to Japan for aframaxes Nicholas Inglessis-led company quietly booked aframax pair at Imabari Marugame
Over 100 vessels marooned in Middle East Gulf as window to escape closes Analysts examine which vessels have remained trapped by Strait of Hormuz crisis for more than four months
Libyan tanker newcomer buys Hayfin tanker to set new benchmark price for suezmaxes Benghazi-based ULMTC has ambitious plans to build up its tanker fleet
Container ship sales fall in first half as owners hold on to tonnage MSC remains the biggest buyer, but the number of transactions is down
Trump's Strait of Hormuz toll U-turn could save VLCCs 'extraordinary' $1.5bn per week Analysts crunch the numbers as US president backs away from unprecedented proposal as 'guardian' of vital waterway
Greek owner Alberta Shipmanagement returns to Japan for tanker newbuildings Nicholas Inglessis-led company quietly booked aframax pair at Imabari Marugame
Traders tie up product tankers as owners battle for cargoes within Gulf Laden transits through Strait of Hormuz look unlikely in the short term
'Disciplined' Baumarine bulker pool beats the Baltic on rates Klaveness and Marubeni venture says it has been using a high level of fixed-rate contracts
Andreas Martinos raises container ship bet to almost $1bn with Hengli order Minerva Dry books a quartet of 6,000-teu vessels at major Chinese yard
Tufton aims to maximise returns as 11 tankers and bulkers come off charters Earnings rise in stronger second-quarter markets
VIDEO: Bulker sinks off Iran after suffering catastrophic hull damage Report links incident to earlier collision
SEB shipping loans shrink amid Middle East war-fuelled 'uncertainty' Portfolio falls to $3.9bn at end of June
Iranian tankers scramble for freedom before US blocks Strait of Hormuz Transits ticked up on Tuesday, tracking data shows
Vitol boosts Pakistani port's ability to provide full range of bunkers Gwadar Port will offer high-sulphur and very low-sulphur fuel oil and low-sulphur marine gasoil to commercial vessels
Eight seafarers killed and 10 injured in Russian retaliation against Ukrainian ship strikes Russian drones and shells have hit four Ukraine-trading ships over the past two days
Timing, not demand, will hit first-half earnings, says Chinese offshore contractor Chinese offshore fabricator blames timing on $220m project for predicted first half losses
Chinese newcomer orders up to seven VLAC newbuildings at Jiangnan Shipyard Deal involved four firm vessels plus option for an additional three ships
J.B. Hunt's shares up 9% on Q2 earnings beat Multimodal transportation provider J.B. Hunt Transport Services handily beat second-quarter forecasts on Wednesday after the market closed, sending shares 8.6% higher in after-hours trading. Revenue of $3.5 billion was 19% higher year over year and outpaced analysts' expectations for $3.26 billion. Earnings per share of $1.91 were 60 cents higher y/y and 18 cents ahead of consensus. (A lower tax
OOIDA urges House to vote on Dalilah's Law after deadly Pennsylvania crash The Owner-Operator Independent Drivers Association (OOIDA) is urging House Speaker Mike Johnson to bring Dalilah's Law to the House floor, stating Congress should permanently codify recent federal reforms restricting non-domiciled commercial driver's licenses. In a letter sent to Johnson on Wednesday, OOIDA President and CEO Todd Spencer said H.R. 5688 would permanently close what the association
Avoiding AI Failure: The #1 mistake costing logistics companies Summary View Transcript Many companies jumped on the AI hype train, but not all survived. Our expert dives into the critical difference between building AI for 'corner cases' and truly understanding your business fundamentals to create lasting value. Learn why some businesses with 'tens of millions' in valuation went to zero after major AI model releases. Discover how to avoid common pitfalls and
Is AI the Next Digital Brokerage Hype Cycle? | Logistics & Supply Chain Summary View Transcript The question on everyone's mind: Is AI a bubble, or is it truly transforming the supply chain? Eric Rempel, Chief Innovation Officer at Redwood, unpacks the hype versus the real value of AI in logistics. He shares insights on why companies are adopting AI, how it's impacting jobs (and creating new ones!), and the critical difference between easy demos and successful enterp
LSP44 vs. project44: Why Project44 Split Into Two Companies Summary View Transcript Project44 is splitting into two distinct companies: the original Project44 focusing on shippers, and the newly formed LSP44 targeting logistics service providers. CEO Jett McCandless explains the strategic rationale behind this bold move, revealing that a 'desire to win' against the complexities of different client needs was the driving force. Discover why this split will
Why 'Vibecoding' a TMS is a Recipe for Disaster in Logistics Summary View Transcript Building a robust Transportation Management System (TMS) isn't a side project. Alyssa Norcross, Group Product Manager at Revenova, breaks down why relying on "vibecoding" for complex logistics operations is a flawed approach. She emphasizes the critical need for enterprise-grade solutions built on solid infrastructure like Salesforce, highlighting the importance of depth,
Maersk to run $100M Boston fulfillment center for large retailer Maersk in late August will open a 617,000-square foot fulfillment center in a Boston suburb to support a single, large-scale e-commerce customer, the integrated logistics and container shipping giant announced on Wednesday. Maersk said it invested $100 million to outfit the facility with advanced conveyor and sortation technology, and other features,enabling it to process up to 330,000 parcels pe
Port of Los Angeles sees new June box mark June marked a historic milestone for the Port of Los Angeles, as the top U.S. container gateway processed more than 1 million container units, making it the best June in the port's 118-year history. It also represented the third best month ever recorded and the third time the port has crossed the million-TEU threshold - a mark no other port in the Western Hemisphere has achieved even once. Import
Navistar defeats $16.5M lawsuit over delayed truck deliveries A Michigan federal jury has sided with engine and truck manufacturer Navistar, rejecting a $16.5 million lawsuit brought by GLS LeasCo and Central Transport. GLS LeasCo and Central Transport alleged Navistar's delayed truck deliveries caused millions in lost resale value and higher operating costs during one of the hottest used-truck markets in history. The 10-person jury found on Monday that GLS
Trucking costs outpaced consumer inflation in '25: ATRI The annual operating cost survey and analysis posted by the American Transportation Research Institute (ATRI) for 2025 and the first months of 2026 show an industry that last year dealt with rising costs that outstripped consumer inflation. In a 65-page report full of numbers, the report produced by the research arm of the American Trucking Associations said the average operational costs of truck
AI Adoption in supply chain nears peak hype, exec warns CHICAGO - The freight industry's AI investment binge is starting to look like every hype cycle before it. One reason? Excitement is climbing faster than results. Eric Rempel, Chief Innovation Officer at Redwood, told an audience at FreightWaves' AI Supply Chain Symposium on Wednesday that the industry is approaching Gartner's Peak of Inflated Expectations, with the Trough of Disillusionment right
WATCH: Hellish wildfire overtakes CN train, crew in Canada In a scene that looked more like AI-generated special effects than a day on the railroad, a Canadian National crew were rescued after a wildfire inferno threatened to engulf their train in northern Ontario. Video shot by the unidentified crew from inside the cab shows a massive wall of flames surrounding the locomotive as they plead by radio with CN (NYSE: CNI ) operations personnel to hurry a re
Daimler Truck Finance: Navigating the Freight Downturn & AI Boom Summary View Transcript After four years of shrinking capacity, is the trucking industry finally seeing the end of the longest freight recession on record? Daimler Truck Financial leaders Tobias Waldeck and Kevin Bangston share their insights on market recovery, fleet investment trends, and how new EPA regulations and the AI data center boom are reshaping the road ahead. Dive deep into the financ
Tesla, Paper Transport partner on electric semi evaluation in Chicago De Pere, Wisconsin-based trucking company Paper Transport Inc. (PTI) has announced a partnership with Tesla to evaluate the Tesla Semi Long Range in dedicated operations within the Chicago market. According to a blog published by PTI , the move will further its sustainability strategy to help customers reduce transportation emissions without sacrificing performance, reliability or cost efficiency
J.B. Hunt Earnings: The NEW Freight Market Barometer? Summary View Transcript J.B. Hunt's Q2 earnings are a crucial barometer for the entire freight market. This deep dive into J.B. Hunt's intermodal, dedicated, and last-mile operations reveals how evolving market conditions like fuel costs, capacity tightness, and legal liabilities are reshaping the logistics landscape. Discover what these trends mean for your business in the second half of the yea
Manufacturing Recovery & GDP Growth: What's Next for US? Summary View Transcript Mark Vitner, Chief Economist at Piedmont Crescent Capital, joins FreightWaves to dissect the surprising resilience of the American consumer and the broader economy. Vitner explains why manufacturing activity and GDP are set for an upside surprise, while also highlighting the unique challenges in the housing market and their indirect impact on freight demand. Discover how e
AI DATA CENTER DEMAND: Why capacity is 'tapped out' now | FW Today Summary View Transcript As Q2 earnings season kicks off, the spotlight is on big banks and tech giants like Taiwan Semiconductor. Christopher Versace, CIO of Tematica Research, breaks down why surging AI demand means data center capacity is already 'tapped out,' even with clients willing to pay double. Learn why this differs from the dot-com bubble and what it means for freight and logistics comp
EDI Problems SOLVED? Orderful Cuts Onboarding from Year to Weeks | FreightWaves Summary View Transcript EDI onboarding can take a year, costing companies millions in errors. Orderful CEO Erik Kiser explains how their AI-powered, self-service platform is disrupting this outdated model, cutting onboarding time from months to weeks - with a goal of days or even minutes. Discover how their innovative approach, backed by a $35M investment from Koch Disruptive Technologies, is eli
From $1 Sale to $4 Billion: NFI's Journey Beyond Volatile Truckload | Supply Chain Strategy Summary View Transcript NFI CEO Sid Brown pulls back the curtain on the company's nearly century-long evolution, revealing the strategic decision to move away from traditional one-way truckload operations towards a diversified portfolio including dedicated fleets, warehousing, and intermodal. He shares a compelling anecdote about the brutal economics of trucking that prompted a significant busine
Trump's Hormuz Policy Pivot: What it Means for Global Supply Chain Summary View Transcript The Strait of Hormuz is facing a major geopolitical shift, as President Trump's administration pivots from a proposed toll system to a full trade blockade against Iran. FreightWaves breaks down how this sudden policy change creates immediate pressure on global supply chains, leading to increased port congestion, rising international shipping rates, and elevated diesel pric
Freight Profitability: Why Machines Outperform Humans in Fleet Optimization Summary View Transcript Discover why focusing solely on miles per truck misses critical profitability opportunities. Jake Dettmer of Optimal Dynamics explains how advanced decision automation and "forward yield" optimization help fleets maximize revenue per hour across their entire network, securing better margins even in tight markets. Learn why machines are set to outperform human decision-maki
Diesel Prices SPIKE, Hormuz Tensions Rise: What It Means for Trucking Summary View Transcript Diesel prices are soaring, and tensions in the Strait of Hormuz are disrupting global supply. FreightWaves' John Kingston breaks down the latest DOE report, crude oil futures, and the geopolitical factors driving unprecedented volatility in energy markets. Plus, find out why truck driver pay has seen an astounding 70% surge since 2020. Summary unavailable. The post appear
Navigating Choke Points: Why Shipowners Face "Absolute Confusion" Summary View Transcript The Strait of Hormuz is facing unprecedented risk, with war risk insurance premiums soaring 33 times above normal rates. Captain Rahul Khanna from Allianz Commercial dives deep into how geopolitical tensions, misdeclared hazardous cargo, and a shift from efficiency to resilience are fundamentally changing the landscape of global shipping. Learn why shipowners are in "absol
Arizona troopers sideline hotshot driver hauling water hoses without CDL Arizona Department of Public Safety troopers have cited the driver of a hotshot truck hauling industrial water hoses after discovering the individual was operating a commercial vehicle without the required commercial driver's license. The stop occurred Saturday on Loop 202 near Brown Road in Mesa, where Arizona Highway Patrol troopers assigned to the Commercial Vehicle Enforcement Unit pulled ove
Norfolk Southern promotes new VP of intermodal and automotive Norfolk Southern has appointed Will DeShazor vice president, intermodal and automotive operations, reporting to Chief Operating Officer Brian Barr. DeShazor is a 21-year Norfolk Southern operations leader with broad experience across the railroad. Most recently, he served as assistant vice president network optimization, where he led teams responsible for network planning, commercial opportunity
Waabi proves autonomous truck generalization with Volvo Autonomous Solutions Switching an autonomous vehicle's software from one truck to another has always cost the industry time. It takes things like engineering work, new data collection and retraining. Waabi recently announced that it made that process disappear entirely. The self-driving company announced in a blog post that its Waabi Driver software, trained exclusively on a Peterbilt 579, took control of a Volvo VNL
DoorDash teams with Shopify on delivery for small retailers DoorDash on Tuesday announced a deeper dive into the retail world by allowing independent merchants on Shopify that also have a physical store to easily add their product catalog to the DoorDash marketplace, further highlighting how it is becoming a competitor to Amazon, Walmart, Uber Eats, Roadie and legion of independent couriers in the on-demand e-commerce delivery space. The delivery platform
California truck driver gets nearly 5 years in prison for deadly crash A California-based truck driver has been sentenced to four years and eight months in state prison after pleading guilty to causing a fiery chain-reaction crash on Interstate 10 that killed three people and injured four others last year. Jashanpreet Singh, 21, of Yuba City, California, was sentenced Tuesday after pleading guilty in June to three felony counts of vehicular manslaughter with gross n
Why Logistics Tech Is Failing the AI Test The freight technology industry has a problem that has become more apparent as more organizations implement artificial intelligence. AI has become the dominant selling point across virtually every logistics software category, from transportation management to container visibility to customs compliance. Carriers, forwarders, and shippers are being pitched AI-powered dashboards, AI-driven ETAs, and
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