Master Boat Builders lands Navy contract for three LCUs Master Boat Builders Inc., Coden, Ala., has been awarded an Other Transaction agreement by the U.S. Navy to build three Landing Craft Utility (LCU) vessels, with an option for a fourth. They
St. Paul Engineer District launches new M/V Fountain City towboat The St. Paul Engineer District recently launched its new maintenance and repair towboat, the M/V Fountain City on August 26 from the Steiner Construction Company Inc. shipyard in Bayou La Batre, Ala.
Corps completes $4.1M Conneaut Harbor dredging project The Buffalo Engineer District has completed a $4.1 million dredging project at Conneaut Harbor on Lake Erie, removing approximately 75,000 cubic yards of sediment from the federal navigation channel. Dredging began September
U.S. Coast Guard commissions FRC honoring 9/11 hero Jeffrey Palazzo Bollinger Shipyards LLC joined senior U.S. Coast Guard officials, distinguished guests, and the family of Jeffrey Palazzo this past weekend at the Intrepid Sea, Air & Space Museum in New York City
Sweden's Korean-built PC4 icebreaker will have a Steerprop main propulsion package The 126-meter Polar Class 4 icebreaker on order for the Swedish Maritime Administration at HD Hyundai Heavy Industries in Ulsan, South Korea, will have a complete main propulsion package supplied by Finnish
Navigator Gas back at PrimeServ for new ethane retrofits Everllence reports that its after-sales division, Everllence PrimeServ, has signed a contract with liquefied-gas shipping specialist Navigator Gas covering the conversion of two of its vessels to operate on ethane. Both conversions
Turn Services completes St. John Fleeting acquisition Convent, La.-based barge fleeting, shifting and towing services provider Turn Services reports that it has completion its acquisition of St. John Fleeting, LLC and its affiliate companies (see earlier story). For 50
KR and HD HHI explore WindWings for 174K LNG carrier Korean Register (KR), HD Hyundai Heavy Industries (HD HHI), BAR Technologies and the Liberian Registry have joined forces to explore wind-assisted propulsion for a 174K LNG carrier . The partners signed a Memorandum of Understanding (MoU) at Gastech 2026 in Bangkok. The project will assess the technical feasibility and safety of installing BAR Technologies' WindWings on the LNG carrier design. Fo
ClassNK approves 42,000 m³ LCO2 carrier design ClassNK has issued Approval in Principle (AiP) for a 42,000 m³ liquefied CO2 carrier jointly developed by six Japanese maritime companies. "K" LINE, MOL, Nihon Shipyard, NYK Line, MILES and Mitsubishi Shipbuilding developed the vessel concept, with the approval presented at Gastech 2026 in Bangkok. New carrier designed for CCS projects The vessel is intended to transport captured CO2 to storage s
PIL highlights fleet renewal in 2025 sustainability report Pacific International Lines (PIL) has published its Sustainability Report 2025, outlining progress across its fleet, operations and global business functions. The report, titled Navigating a Changing World, covers the carrier's environmental, social and governance initiatives during 2025. LNG vessels reach 19% of fleet capacity Fleet renewal remained a central part of PIL's decarbonisation strate
Explainer: Could BRICS insurance play become the next front? How a proposed reinsurance mechanism, floated at the BRICS summit in New Delhi, extends a pattern already visible in the Hormuz and Black Sea theatres: parallel institutions built to blunt the West's leverage over who gets to insure a ship
APM Terminals Apapa to launch 24-hour barge operations APM Terminals Apapa will introduce 24-hour barge operations at its dedicated Finger Jetty in the fourth quarter of 2026. The Nigerian container terminal is also targeting a major increase in rail use, with an ambition to move 60% of its export containers by rail . The initiatives are aimed at improving cargo flows and reducing bottlenecks across Nigeria's export logistics chain. Finger Jetty to o
Norway keeps current sea shipment procedures as Digitoll rules take effect Norwegian Customs will introduce new digital reporting requirements under the country's Digitoll system on 15 September 2026. However, Hapag-Lloyd said the changes will have no immediate practical impact on customers shipping cargo by sea to Norway. Current reporting process remains in place The new requirements concern the digital fulfilment of Norway's reporting and information obligations, kno
Accurate begins conversion of six vessels to autonomous USVs for Indian Navy Indian marine automation specialist Accurate Industrial Controls is moving ahead with the conversion of six vessels into Unmanned Surface Vessels (USVs) for the Indian Navy. The company has completed a feasibility assessment of the first three vessels. They will be converted into fully autonomous craft at Mumbai's Naval Dockyard. First three vessels assessed for conversion The first phase covers
Maersk suspends Durban Cato Ridge drop-off fee Maersk has temporarily suspended its Durban Cato Ridge Drop-Off Fee amid congestion and supply chain disruptions across the local depot network. The suspension took effect on 11 September 2026 and will remain in place until further notice. Drop-off rates reduced to zero Maersk said increased depot utilisation and reduced storage capacity prompted the decision. The temporary measure aims to provid
MSC announces Golden Week blank sailing on Emerald service MSC will adjust capacity on its Asia-US East Coast network due to an anticipated slowdown in demand during and after China's Golden Week holiday. The carrier will blank voyage 12E on its Emerald service during week 41. Alternative services available Week Service Voyage 41 Emerald 12E MSC said customers can continue placing bookings as usual. The carrier is arranging contingency plans through alte
Hapag-Lloyd sees up to US$500 million in synergies from ZIM deal Hapag-Lloyd expects its proposed acquisition of ZIM to generate annual synergies of between US$300 million and US$500 million, according to CEO Rolf Habben Jansen. The German carrier also said discussions with authorities over the transaction have become significantly more intensive as it works to secure the necessary regulatory approvals. Hapag-Lloyd faces mounting Israeli opposition to $4.2 bi
Hapag-Lloyd warns Panama Canal restrictions are disrupting shipping Hapag-Lloyd has warned customers of ongoing operational challenges at the Panama Canal , as reduced water levels continue to affect vessel transits. The carrier said the Panama Canal Authority (ACP) has introduced restrictions aimed at conserving freshwater and maintaining safe operations. The measures include lower daily transit capacity, additional draft restrictions and tighter limits on vesse
German port workers reject wage offer as indefinite strike vote begins German port workers have rejected the latest wage offer from employers, pushing the labor dispute at the country's major seaports into a new and potentially more disruptive phase. More than 5,500 port workers participated in the consultation conducted by the United Services Trade Union (ver.di), with 64.7% voting against the latest proposal. Following the rejection, ver.di will now launch a membe
Neri Group and Nova Marine Carriers take control of Leghorn terminal Italy's Neri Group and Nova Marine Carriers have taken control of TCO Terminal Calata Orlando at the Port of Leghorn. NR Investimenti, a holding company equally owned by the two groups, has acquired a majority stake in the multipurpose terminal. The remaining stake is held by the family of Roberto Alberti, a long-standing maritime agent in Leghorn. New owners plan terminal investment The transact
Hapag-Lloyd raises Eastern Caribbean feeder charges from October Hapag-Lloyd will adjust its Transport Additional Origin and Destination charges for shipments to and from the Eastern Caribbean Islands , citing higher third-party feeder costs. The revised TAO and TAD charges will apply to dry and reefer containers, as well as eligible dangerous goods cargo. The new levels take effect on 4 October 2026 for non-FMC regulated countries and 14 October 2026 for FMC
MSC partially restores Suez transits on Indusa service MSC will partially restore Suez Canal transits on its Indusa service following a review of security and operational conditions in the Red Sea. The service, which connects the Indian subcontinent, the United States and Mexico, will resume Red Sea operations for westbound cargo only. First westbound sailing scheduled for September The first vessel operating under the revised arrangement will be MSC
Explainer: Two fronts, one squeeze Middle Eastern shipping is facing a fresh reshuffle, and this time the pressure is arriving from both directions at once
Hapag-Lloyd raises Europe rates to South Asia Hapag-Lloyd will increase ocean tariff rates from Europe to South-East India, Sri Lanka and Bangladesh. The revised rates will apply to sailings starting on 1 October 2026. New tariff levels For 20-foot dry containers from South Europe, Hapag-Lloyd will apply the following rates: Destination Current rate New rate Increase Ennore US$877 US$977 US$100 Chittagong US$1,625 US$1,725 US$100 Colombo US$
Suez return moves beyond isolated container services The return of container services to the Suez Canal is beginning to move beyond isolated route adjustments, as carriers gradually restore more of their East-West networks to the shorter Red Sea corridor
Explainer: When the bypass becomes the problem Drone strikes launched from Iraqi soil shut Saudi Arabia's Hormuz-bypass pipeline, forcing Baghdad into a containment posture that exposes the limits of its own corridor ambitions
VICT launches Phase 3B expansion at Port of Melbourne Victoria International Container Terminal (VICT) has officially started its Phase 3B expansion at the Port of Melbourne, with the project expected to increase terminal capacity by approximately 18%. Melbourne's VICT proceeds with expansion project VICT, a wholly owned subsidiary of International Container Terminal Services, Inc. (ICTSI), announced the start of the expansion following a ceremony l
Maersk announces Canada Atlantic Express winter plan Maersk will introduce a planned winter blank sailing programme on its Canada Atlantic Express service from October 2026. The carrier will suspend one sailing every fifth week during the winter months. Maersk said the programme aims to reduce the impact of severe North Atlantic weather on schedule reliability. Canada Atlantic Express winter schedule Vessel HH voyage BH voyage Blank sailing 639W 64
ID Logistics expands Benelux network with 53,000 sqm Tiel facility ID Logistics is expanding its Benelux network with a new 53,000 sqm logistics facility in Tiel, the Netherlands . Developed with Heembouw, the site is scheduled to become operational in October 2027 . The facility is located along the A15 motorway and close to the Port of Rotterdam. New capacity in the Netherlands The development will provide nearly 53,000 sqm of space on an 82,763 sqm site . Thi
Japan's big three back standard 42,000 cu m CO2 carrier Japan's three largest shipowners have joined the country's leading shipbuilders in developing a standardised 42,000 cu m liquefied CO2 carrier as Tokyo prepares for a sharp increase in carbon capture and storage shipping. NYK, MOL and K Line are working with Mitsubishi Shipbuilding, Nihon Shipyard and joint venture MILES on the low-pressure LCO2 design, which ...
Seoul revives long-haul crude freight subsidy South Korea is reviving subsidies for long-haul crude imports from outside the Middle East, a move that could provide another boost to tanker tonne-mile demand as Seoul seeks to lock in the diversification achieved since the Iran war began. The Ministry of Trade, Industry and Energy said it will expand support for the freight differential ...
ADES wraps up purchase of Saipem's Saudi drilling business Saudi oil and gas driller ADES has completed its acquisition of Saipem's Saudi shallow-water drilling business. The two entered into the transaction in late June. Under the deal, ADES's indirectly owned subsidiary, ADES Saudi Limited, acquired Saudi Arabian Saipem Limited for a total purchase consideration of $285m. Saudi Arabian Saipem Limited owns a fleet of ...
LNG carriers to get the hybrid electric propulsion treatment Lloyd's Register (LR), HD Korea Shipbuilding & Offshore Engineering (KSOE) and HD Hyundai Heavy Industries (HHI) have teamed up to develop a new generation of LNG carriers using hybrid electric propulsion. The companies signed an approval in principle (AiP) at Gastech 2026 in Bangkok covering a 185,000 cu m LNG carrier design incorporating a hybrid ...
Advantage Tankers orders MR quartet at GSI Geneva-based Advantage Tankers has ordered four MR product tankers at Guangzhou Shipyard International, adding smaller tonnage to a newbuilding programme that has until now been concentrated on VLCCs and suezmaxes. Newbuilding sources have placed the Tugrul Tokgoz-led owner behind the 50,000 dwt four-ship contract at the CSSC yard, with deliveries scheduled through 2029. No price ...
InterMaritime and Carsten Rehder form Hamburg shipmanagement joint venture InterMaritime Group and Hamburg-based Carsten Rehder have formed a shipmanagement joint venture aimed at expanding their presence across Germany and Northern Europe. The two companies will take equal ownership in InterMaritime Shipmanagement GmbH & Co KG, which will become the sole shareholder of Victoria Marine Ship Management GmbH & Co KG, Carsten Rehder's technical shipmanagement ...
Tanker boom breaks every historical benchmark A benchmark tanker rate has entered seven figures for the first time, marking an extraordinary moment in shipping history as war risk sends earnings across virtually every tanker class to record or near-record levels. Also for the first time on record, 10-year-old VLCCs are commanding greater prices than newbuilds. The Baltic Exchange's TD3C benchmark for ...
Slow ships and long voyages tighten dry bulk market Bulk carriers are spending dramatically longer - nearly 20% - at sea than at the start of the decade while also travelling more slowly, quietly removing effective capacity from the fleet just as freight rates surge to multi-year highs. The global dry bulk fleet may be getting bigger, but new research published by Greece's Ursa ...
Putin pushes BRICS insurance challenge to Western shipping establishment Vladimir Putin has urged the world's largest emerging economies to accelerate the creation of their own reinsurance mechanism, adding momentum to efforts that could eventually loosen the maritime industry's century-long dependence on Western-centred insurance infrastructure. Speaking at the BRICS summit in New Delhi over the weekend, the Russian president called on members to develop their ...
Splash Singapore: SGX's William Chin on the financialisation of freight Freight markets are undergoing one of the biggest financial transformations in commodities, with shipping moving steadily from a world where rate volatility was simply accepted as a cost of doing business to one where risk is increasingly transferred, priced and actively managed. William Chin, head of commodities at the SGX Group (Singapore Exchange), says the ...
Who owns the ship's data? The answer sounds simple: the owner. In practice, vessel data passes through OEMs, managers, charterers, ports and technology platforms, turning access, interpretation and derived value into one of maritime digitalisation's thorniest disputes. The latest chapter from our brand new SplashTech magazine. Shipping has spent years arguing that data is the new oil. It has spent ...
Gulf states embed security apparatus into Hormuz tanker operations as shuttle fleet strategy becomes permanent Gulf producers are embedding national security agencies into Strait of Hormuz tanker operations and paying unprecedented crew premiums as shuttle...
The Daily View: Shipping's uncomfortable truth - war has become a business model
Green NGOs warn busier Northern Sea Route will threaten Arctic Renewed interest in the Northern Sea Route for container and tanker shipping has alarmed green NGOs campaigning to protect the...
Hull war underwriters reassess pricing after latest attacks on shipping in Middle East Gulf Rates now converging again at elevated levels, say market sources
Tanker market on verge of 'paradigm shift' Investors are coming around to a diversified fleet strategy, tanker owners say, despite historically high crude spot rates
Chinese shipowners lead bulk carrier boom in Russian Northern Sea Route transits With the NSR's seasonal navigation window running from August to October activity is expected to remain elevated, while expanding container...
Hijacked vessel Sward released off Somalia after more than four months All 15 seafarers reported safe after the vessel was released near Garacad, Somalia, while security sources claim a ransom was...
Markel's new marine business unveils two promotions Johnson takes on logistics while O'Neill charged with liability
Japanese crude imports exceed 2025 average amid Middle East turmoil No future stock draws are expected as Japan bets on imports. But escalating Red Sea risks could be a challenge
Daily Briefing It's not just VLCCs. Spot rates for all crude tankers are simultaneously skyrocketing | Mega-boxships return as carriers broaden Red...
Mexico-US trucking rates spike on B1 visa loss US importers are scrambling to keep northbound freight from Mexico moving as temporary business visitor visa revocations cut deep into Mexico's supply of cross-border truck drivers.
'Flexible' deployments help MSC to sustain trans-Atlantic rate premium: Xeneta The ability to customize port calls and aggressively manage capacity is translating into higher rates for MSC, while the Gemini Cooperation's rates are below the market average despite its higher schedule reliability, according to rate benchmarking platform Xeneta.
US shipments rise in August for first time since 2023: Cass Freight Index A 2.1% year-over-year gain last month broke a 42-month decline in the Cass Freight Shipments Index, with Cass stating "the bottom is probably in."
German dockworkers weigh strike action amid port congestion A further round of strikes at German ports would likely worsen port congestion and schedule reliability on major trades.
Mexico-US trucking rates spike on B1 visa loss US importers are scrambling to keep northbound freight from Mexico moving as temporary business visitor visa revocations cut deep into Mexico's supply of cross-border truck drivers.
'Flexible' deployments help MSC to trans-Atlantic rate premium: Xeneta The ability to customize port calls and aggressively manage capacity is translating into higher rates for MSC, while the Gemini Cooperation's rates are below the market average despite its higher schedule reliability, according to rate benchmarking platform Xeneta.
Yemen seeks support in preventing Houthi control of Red Sea chokepoint amid bloody counterattack Diplomat warns that Houthis won't stop unilaterally after territorial gains
Yanbu crude loading suspended as dry bulk sector watches Saudi petcoke exports Risks to Saudi exports in focus after pipeline attack and Houthi advance
Tehran claims a mine damaged a product tanker. US military says that is a lie Central Command says a product tanker was disabled by an Iranian missile last month before being attacked again over the weekend
GTT takes ship and cargo efficiency to next level with new LNG Performance Centre Technology and engineering company starts to fight back on its LNG fuelling position with fresh offering
Martin Stopford: Are shipowners 'jumping the technology gun' in spending $3.1trn cash pile? Veteran analyst poses questions about how shipowners are setting the largest profit in history to work
Iranian claim that product tanker was damaged by mine is a lie, says US military Central Command says a product tanker was disabled by an Iranian missile last month before being attacked again over the weekend
Martin Stopford: Are shipowners 'jumping the technology gun' in spending $3.1bn cash pile? Veteran analyst poses questions about how shipowners are setting the largest profit in history to work
Iran claim that product tanker was damaged by mine is a lie, says US military Central Command says a product tanker was disabled by an Iranian missile last month before being attacked again over the weekend
Offshore vessel owners prepared to stick with existing fleets Owners argue that ageing fleets are fine, so long as they are well maintained
Carbon capture progress being limited by onboard storage, says Lloyd's Register Global technical director Claudene Sharp-Patel says emerging cleantech solution is not 'a simple technology retrofit'
Tanker sector set for boost from post-war wave to rebuild oil stocks Conference hears buoyant conditions are set to continue
'Be ambitious': Clarksons Securities boss sees more shipping IPOs on the horizon CEO Erik Helberg advises shipowners to prepare well for listings
CMA CGM bets on demand as liner sector braces for more capacity Growing Asia-Europe volumes are helping absorb a wave of new container ship deliveries, says liner executive
Record tanker markets scare off shipping investors Investors prefer bulk carriers, container ships and offshore vessels
Shipowners cash in as oil majors scramble for long-term tonnage Difficult discussions as charterers face higher prices for long-term contracts as spot market booms
Adnoc L&S crewing Strait of Hormuz shuttle ships with security specialists, claims d'Amico boss Experienced seafarers set to leave the industry after securing bumper salaries from crisis
New Strait of Hormuz attack sees historic former Royal Mail ship hit by Iran St Helena reported struck by a projectile
Is it really different this time? Shipowners debate dizzying peak cycles MPC Container, Norden and SFL top bosses view cycle as dissimilar to previous booms
Adnoc L&S crewing Strait of Hormuz shuttle ships with security specialists, shipowners say Experienced seafarers set to leave the industry after securing bumper salaries from crisis
DHT locks in three-year VLCC charter as it adds coverage in record market Three-year deal sees company reduce spot exposure
Shipping enters investment-grade territory for first time, says Clarksons Securities Record profits, surging asset values and lower debt are all contributing to the stronger rating
Lomarlabs launches maritime cluster to push start-ups through the valley of death New alliance has been founded by Lomarlabs, C-Job, Marin and Alpha Marine Consulting
VLCC owners bank 'massive premiums' as S&P deals surge and asset prices spike Buyers are making 'zero effort' to negotiate down asking prices, analysts say
Lomarlabs launches maritime cluster to push startups through the valley of death The new alliance has been founded by Lomarlabs, C-Job, Marin and Alpha Marine Consulting
Equinor data chief predicts 'big gains' for LNG trading from AI Companies see potential for linking elements of value chain, but are cautious on handing over control of some business areas
Oaktree offers Torm shares worth $318m as it cuts stake to half Investor to sell 9m shares of its 20% holding
Great Eastern tightens grip on kamsarmax sector as BW Dry Cargo sheds tonnage Deal follows collapsed December sale to Greek buyers, with BW Japan fetching well above that price
Oaktree offers $318m Torm shares as it cuts stake to half Investor to sell 9m shares of its 20% holding
Wotton Kearney hires Kennedys' shipping and commodities duo in Singapore Law firm adds Asia maritime dispute resolution team that will work across the region
How Sogestran and Titan built a 'Swiss Army knife' for LNG bunkering French 'Tailor-made suit-maker' teams with pioneering Dutch builder and deployer of LNG bunker vessels
'Merchants of chaos': Experts say Houthis not likely to limit targets to Saudi ships after land grab Militant group's new positions allow it to use less-sophisticated weaponry to attack shipping
Asian bulker owners recycle veteran ships as scrap prices hold firm Vietnamese and Indonesian companies call time on their oldest handymaxes
Trader and shipowner BGN links up with Iino Lines on VLGC newbuilding Partners team up on HD Hyundai Heavy Industries
FMCSA names CDL schools swept into nationwide emergency shutdown The Federal Motor Carrier Safety Administration's emergency crackdown on entry-level driver training providers included 111 entries across 20 states, online operations and providers whose locations were listed as inactive or unknown, according to a reconstructed roster reviewed by FreightWaves. The Aug. 31 action required the affected providers to immediately stop operating as registered entry-le
Shipium Rethinks Freight Audit as Forensics, Not Archaeology Freight audit has long been one of the least glamorous corners of supply chain operations. It traditionally involves boxes of paper or a team hunched over spreadsheets reconciling invoices weeks after the shipments in question have already been delivered. Shipium wants to retire that model. The Seattle-based shipping platform recently launched Always On Audit , an AI-driven system built to replac
Hapag-Lloyd CEO cites resilient demand, but sees shipping market exposed to Middle East disruption Hapag-Lloyd Chief Executive Rolf Habben Jansen said container shipping demand has remained more resilient than expected, but warned that conflict-driven route disruptions, rising operating costs and uncertainty over a return to the Red Sea continue to shape the industry's outlook. Speaking in recent public appearances and customer communications, Habben Jansen characterized the operating environm
Mikargo247, Verified Carrier launch coverage for strategic cargo theft MiKargo247 is expanding its spot cargo insurance coverage to include strategic cargo theft under a new partnership with Verified Carrier. The coverage is designed to address a growing category of freight fraud involving double brokering, carrier identity theft and fictitious pickups. Under the partnership, brokers using Verified Carrier can purchase MiKargo247 spot cargo insurance and have the st
OXEA taps Uber Freight to manage North American, European logistics Chemical manufacturer OXEA has selected Uber Freight as its strategic logistics provider across the U.S., Canada, Mexico and Europe as the company moves to consolidate regional transportation operations into a more unified global network. Houston-based OXEA said Uber Freight will manage day-to-day transportation execution across truckload, rail and ocean freight, using technology, data and logist
U.S. container imports climb 3.8% to 2.6 million TEUs, 3rd highest monthly level U.S. containerized imports rose 3.8% from July to 2.60 million TEUs in August, supported by higher volumes at major East, Gulf and West Coast ports and broad gains across sourcing countries. Imports climbed 3.8% from July to 2.60 million TEUs as gains at East, Gulf and West Coast gateways coincided with a broad increase in sourcing-market volumes and rising port transit delays. Import volume reac
Amazon calls timeout on 21 Air cargo contract Amazon has temporarily suspended business with 21 Air after one of the Boeing 767-300 converted freighter aircraft operated by the contract carrier overran the runway at Miami airport on Sept. 6 and struck two vehicles, killing five people and injuring several others, FreightWaves has confirmed. "Safety has always been our top priority, whether in our own operations or when we're working with par
Radiant Logistics sees double-digit growth in FQ4, shares up 16% Third-party logistics provider Radiant Logistics beat fiscal fourth-quarter expectations Monday after the market closed. A volatile trade landscape is driving demand higher for its customs brokerage and compliance services. It also flagged further tightening in the domestic truckload and intermodal markets, which will propel financial results over time. "While these market trends are not fully re
C.H. Robinson and its Customer Unilever Sued Over Catastrophic Crash This article is contributed content from an independent writer. It does not represent the views or opinions of FreightWaves or any of its subsidiaries. Dalilah Coleman was riding with her stepfather, Michael Krause, when their car stopped for road construction on a California highway. A tractor trailer struck them from behind, leaving the child and her stepfather with what a lawsuit describes as
Update: DOE/EIA diesel at record; so is futures price With other key diesel prices having broken through several record numbers in the past week, it was time Tuesday for the benchmark number used for most fuel surcharges to do the same. The Department of Energy/Energy Information Administration average weekly retail diesel price rose 31.8 cents/gallon to $6.285/g, effective Monday but announced Tuesday, the highest price in its history. Beginning wi
Houthi gains deepen risk as carriers restore Red Sea services Container lines are restoring more Suez Canal and southern Red Sea capacity despite a widening Houthi threat on the Suez Canal route, a shift that is helping bring down Asia-Europe spot rates but leaves carriers and cargo owners exposed to renewed disruption. The Iran-backed Houthis movement recently seized a strategic port and island directly on the Bab el-Mandeb Strait at the south end of the R
FMCSA warns trucking companies about 4 fake Motus registration sites Scammers are targeting trucking companies with emails impersonating FMCSA's new Motus registration system. The notices direct recipients toward four bogus websites resembling the federal portal. Each message claims an off-cycle profile update requires immediate attention. Regulators now urge customers to avoid every listed destination. "Latest reports indicate that bad actors have started to impe
Autonomous Freight Needs to Solve the Predictability Problem For years, the promise of autonomous trucking has been sold in the future tense. Someday, driverless trucks will free up capacity, someday they'll smooth out the peaks and valleys of freight demand, someday shippers won't have to plan around driver shortages and hours-of-service limits. On Sept. 29, FreightWaves and Waabi are asking what happens when "someday" starts showing up on the schedule. T
FedEx Freight expands CTO's role to cover commercial strategy following CCO ouster Less-than-truckload carrier FedEx Freight has named Mike Rodgers as its chief commercial and technology officer, effective immediately. The announcement comes less than two weeks after it terminated Mike Lyons from the chief specialized services and commercial officer role. FedEx Freight ( NYSE: FDXF ) described the new role as an expansion of Rodgers' duties as chief technology officer, a positi
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