CONCOR successfully handles multiple double-stack rake operations to JNPA via the DFC
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
Strait of Hormuz transits nearly halve on day one of US blockade
India amends trade policy to ban import of goods made with forced labour
DPA crosses 50 MMT mark 19 days ahead of previous year
India logs massive zero-duty exports on first day of UK trade pact
Iran threatens global seaways as Trump tightens blockade
India bars seafarers from Strait of Hormuz after fresh strikes
Cochin Shipyard part of long-term roadmap to build 430 commercial vessels over the next 10 years
Tata Group proposes shipyard facility in Kerala
Grain shipments jump 13%, benefit Supramax, Handysize and Panamax segments
India's merchandise shipments up 15.5% in June to defy global trade slowdown
Sale and purchase of containerships down in H1
From visibility to foresight: Evolving role of freight forwarders
CTOs and senior Railway officials confer on licencing, operational and pricing issues
Adani Logistics flags off first block train from ICD Kishangarh to Mundra Port
Saronic selects Brownsville as site for Port Alpha Autonomous vessel innovator Saronic Technologies has selected Brownsville, Texas as the future home of Port Alpha, its next-generation shipyard designed to help restore American maritime strength and significantly expand U.S. shipbuilding capacity.
Germany's MEKO A-200 frigate program moves a step ahead TKMS (formerly ThyssenKrupp Marine Systems) reports that the German Bundestag's Budget Committee this month approved the procurement of four MEKO A-200 DEU-class frigates, along with an option to procure additional vessels. This
Ingalls erects first grand blocks built by distributed shipbuilding partners HII's (NYSE: HII) Ingalls Shipbuilding division has reached a key milestone in its distributed shipbuilding initiative. It has installed the first grand blocks, made up of three units constructed by partner facilities,
Registration opens for Marine Log's FERRIES 2026 Conference Registration is now open for Marine Log's FERRIES 2026 Conference, taking place November 10-11, 2026, in Seattle, Wash. Now in its 39th year, FERRIES is North America's premier conference dedicated to the
Bollinger opens new Workforce Training Center Bollinger Shipyards has opened a new, 7,200-square-foot Workforce Training Center, located at its Gulfport, Miss., facility. Developed in partnership with the Submarine Industrial Base (SIB) Program Office and Mississippi Gulf Coast Community
GT Lines upgrades KIX 1 service to weekly frequency GT Lines, part of Gulftainer, has upgraded its Khorfakkan India Express (KIX 1) service to a weekly schedule, strengthening connections between West India and the Gulf. The enhanced service started on 15 July 2026. The service calls Nhava Sheva, Mundra and Khorfakkan. It operates with two vessels of 1,100-1,400 TEUs. Transit times are 3.5 days from Nhava Sheva to Khorfakkan and four days from Mun
Maersk introduces low water surcharge on Europe-Canada trade Maersk will introduce a Low Water Surcharge (LWC) on shipments from Europe to Montreal and Halifax in Canada, effective 1 August 2026 until further notice. The surcharge is being implemented on cargo moving to or via the ports of Montreal (CAMON) and Halifax (CAHAL), with rates set at US$150 per 20ft container and US$300 per 40ft and 45ft container. The LWC applies to shipments originating from
US and Iran on the crossroads of ambiguity The United States unleashed a fresh wave of strikes against Iran this week, rekindling a confrontation that analysts still judge falls short of full-scale war even as Tehran vows to choke off major global energy corridors
Matson expects strong second quarter on Transpacific demand Matson has released preliminary financial results for the second quarter of 2026, forecasting strong earnings driven by robust demand and higher freight rates on its China services. The company expects consolidated operating income to range between US$153 million and US$160 million, with net income of US$124.8 million to US$130.3 million and diluted earnings per share (EPS) of US$4.12 to US$4.30.
Maersk invests US$100 million in new Massachusetts fulfillment hub Maersk will invest US$100 million in a new fulfillment hub in Hopedale, Massachusetts, expanding its contract logistics network in North America and creating approximately 1,000 jobs. The 617,000-square-foot facility is scheduled to begin operations in late August and will support a major e-commerce customer, strengthening Maersk's fulfillment capabilities across the US Northeast. "Our investment
ANL updates inland emergency fuel surcharge in Australia ANL has announced revised Inland Emergency Fuel Surcharge (IEFS) levels for Australia, citing continued volatility in global fuel markets driven by the current geopolitical environment. The carrier said uncertainty in international energy markets is expected to keep diesel prices elevated in the coming weeks, increasing the operating costs of inland transportation. To maintain reliable inland ser
Maersk updates intermodal fuel fees across multiple European markets Maersk has announced updated Intermodal Fuel Fee (EFS/IFS) levels across multiple European markets, reflecting continued volatility in global energy prices driven by the evolving security situation in the Middle East. The carrier said the adjustments are intended to support the continuity of its inland and intermodal transport services as rising fuel costs continue to impact logistics operations.
Port of Antwerp-Bruges cargo volumes fall 2.4% in H1 2026 Port of Antwerp-Bruges handled 133.9 million tonnes of maritime cargo in the first half of 2026, a 2.4% decline compared with the same period last year. The port said geopolitical tensions, trade conflicts, operational disruptions and weak economic conditions weighed on cargo volumes. Despite these challenges, it maintained its market share in container traffic and continued investing in future c
Maersk to close Harlingen inland container depot Maersk will cease operations at its HOV Harlingen inland container depot in the Netherlands from 3 August 2026 as part of a wider optimization of its inland logistics network. The carrier said the decision is intended to streamline its inland services while continuing to provide customers with alternative solutions through its nearby depots in Leeuwarden, Westerbroek and Meppel, where operations
CyberLogitec to deploy TOS and Digital Twin solutions at TTI Algeciras CyberLogitec has won a contract with Total Terminal International Algeciras (TTI ALGECIRAS) in Spain to supply its Terminal Operating System (TOS) and Digital Twin solutions for the terminal's B1 Expansion Project. The agreement strengthens CyberLogitec's presence in Europe and expands its footprint in the smart terminal market. TTI ALGECIRAS operates at the Port of Algeciras Bay. The terminal is
Port of Los Angeles tops 1 million TEUs in record June The Port of Los Angeles handled 1,002,734 TEUs in June, marking the busiest June in its 118-year history. The result was 12% higher than a year earlier. It was also only the third time the port has exceeded 1 million TEUs in a single month. The Port of Los Angeles said no other port in the Western Hemisphere has reached that milestone. The strong performance was driven by import demand. Retailers
Europe dominates global container fleet capacity While Asia remains the undisputed engine of global manufacturing, port throughput, and shipbuilding , it is European carriers that control the actual vessels moving those goods. Consequently, Europe dominates the global container fleet capacity , holding over 55% of the market with only a handful of mega-operators. This concentration of vessel ownership reveals a stark reality. Specifically, whil
Container manufacturing becomes a geoeconomic chokepoint A Korean antitrust probe running alongside a US Justice Department case against four container manufacturers exposes a new axis of maritime leverage one built not on straits or terminals, but on the box itself
US imposes 25% tariffs on most Brazilian imports The United States has announced a new round of tariffs on imports from Brazil, imposing a 25% duty on most Brazilian goods following a year-long investigation into the country's trade practices. The Office of the United States Trade Representative (USTR) said Ambassador Jamieson Greer, acting at the direction of President Donald Trump, has taken final action under Section 301 of the Trade Act of
Sea-Intelligence: Structural Contraction of Global Liner Networks The latest growth projections by IMF in their July 2026 update to the World Economic Outlook (WEO) report, indicate a steep deceleration in global trade volume growth, dropping from 5.0% in 2025 to 3.5% in 2026. Source: Sea-Intelligence.com, Sunday Spotlight, issue 773 This slowdown is heavily influenced by prior front-loading of cargo by shippers, the dampening macroeconomic effect of global tar
Committee approves $255m Port of Long Beach channel project A key congressional committee has approved the Water Resources Development Act (WRDA), moving forward a US$255 million investment to deepen the main shipping channel at the Port of Long Beach. The project will be funded jointly by the federal government and the Port of Long Beach. It aims to accommodate larger vessels, improve cargo flows and reduce emissions from ships waiting to berth. Congress
Konecranes to modernize cranes at two Brazilian hydropower plants Konecranes has won two crane modernization contracts from AXIA Energia for hydropower plants in Brazil. The projects cover the Manso and Mascarenhas de Moraes plants. The companies signed the contracts in May 2026. Konecranes will complete the work in 2027. The company will modernize five cranes. The fleet includes two overhead cranes and three gantry cranes. Konecranes will replace drives, motor
Zhoushan completes first ship-to-ship methanol bunkering for newbuild vessel Zhoushan has completed its first ship-to-ship (STS) methanol bunkering operation for a newly built vessel, marking another step in China's alternative marine fuel infrastructure. On 27 June, the methanol bunkering tanker JIA CHEN 17 supplied 795 tonnes of methanol to the methanol dual-fuel container ship Maersk Flinders at Tsuneishi Group (Zhoushan) Shipbuilding. The operation took 5.5 hours to c
Cavotec secures €8 million shore power order for container ships Cavotec has secured an €8 million contract to supply shore power systems for newbuild container ships operated by a leading global shipping company. The order includes Cavotec's PowerAMPReel shipboard shore power systems, together with related equipment and services. Deliveries are scheduled for 2028 and 2029. The systems will allow the vessels to connect to shore power while alongside. This will
Marine Management Organisation becomes regulator for Port of Tyne clean energy park The UK Government has named the Marine Management Organisation as the Lead Environmental Regulator for the Port of Tyne's £175 million Clean Energy Park, streamlining planning and environmental approvals for a project expected to create up to 12,000 jobs and contribute more than £5.6 billion to the local and national economy. The proposed Clean Energy Park will redevelop a 230-acre underused indu
Port of Los Angeles launches zero-emission truck purchasing programme The Port of Los Angeles has issued a request for proposals for its Zero-Emission Truck Purchasing Incentive Project, making US$ 75 million available to Licensed Motor Carriers registered in the Port Drayage Truck Registry for the purchase of battery-electric Class 8 drayage trucks. Eligible applicants must commit to purchasing a minimum of 10 vehicles. The incentive provides up to USD 300,000 per
Stockholm approves two offshore wind farms and blocks 11 Sweden has approved two offshore wind farms while rejecting 11 others, ending what the country's ministers called a prolonged period of uncertainty. Sweden has given the green light to Fyrskeppet in the southern Bothnian Sea and Vidar in the northern Skagerrak. Together, the two projects could generate up to 19TWh of electricity per year. The ...
CB&I to oversee UK North Sea platform until final shutdown CB&I's Asset Solutions business has secured a further contract with EnQuest to continue managing the Kittiwake asset in the UK North Sea as duty holder through to cessation of production and decommissioning. The contract expands CB&I's scope of work beyond late-life asset management to deliver COP and facilitate the platform's decommissioning. CB&I's Asset Solutions team ...
Zhejiang Shipping seals New Dayang bulker deal Chinese owner Zhejiang Shipping Group has signed up for two ultramax bulk carriers at New Dayang Shipbuilding. The contract is worth RMB519.6m ($77m), or about $38.5m per 64,000 dwt vessel, according to the result of a public tender launched by the owner's parent, Zhejiang Provincial Transportation Investment Group. The two conventionally fuelled ships will be ...
Brazil advances long-term concession for Itajaí container terminal Brazil is moving ahead with plans to award a long-term concession for the ITJ01 container terminal at the Port of Itajaí, as the country's waterways regulator seeks industry feedback ahead of launching the tender. The National Waterway Transportation Agency (ANTAQ) is consulting with terminal operators, shipping lines, cargo owners and other stakeholders on the proposed ...
MPC Capital to rebrand as MPC Oceanic Hamburg-listed investment and operating group MPC Capital is set to change its name to MPC Oceanic Group, subject to shareholder approval next month. Shareholders will vote on the proposal at the company's annual general meeting on August 28. The new name is expected to become legally effective in early September following registration. The rebrand follows ...
DP World cuts emissions with electric tractor rollout in Jeddah DP World has deployed 35 electric terminal tractors at its South Container Terminal in Jeddah, expanding the fleet by more than 20% as the global ports operator continues an $800m modernisation programme at one of Saudi Arabia's busiest container gateways. The new electric units will transport containers between the quayside and storage yard, replacing diesel-powered ...
JP Morgan tied to Hanwha VLCC brace US financial giant JP Morgan has been named as the owner behind Hanwha Ocean's latest order for two VLCC newbuildings. The South Korean yard disclosed a KRW394.3bn ($265m) contract with an unnamed North American owner, pricing the 320,000 dwt pair at about $132.5m each. Delivery is scheduled by the end of March 2030. Shipbuilding sources ...
FuelEU proxy flags deficit risk for four in 10 ships More than 40% of nearly 9,000 ships assessed by European climate policy consultancy Kickster fell into categories associated with potential FuelEU Maritime deficits after the regulation's first reporting year. The Milan- and Athens-based company analysed 8,973 vessels using public EU monitoring, reporting and verification data. Kickster's proxy combined technical efficiency under EEXI with operat
Splash Singapore: Christoph Toepfer on the lingering aftereffects from Hormuz The tanker industry must prepare for the possibility that disruption in the Strait of Hormuz becomes a recurring rather than exceptional feature of global energy trading, according to Christoph Toepfer, CEO of Borealis Maritime and founder of Borealis Tankers. Toepfer, who takes part in the tanker markets session at the inaugural Splash Singapore conference on ...
Wärtsilä lands lifecycle contract for Turkish FSRU Technology group Wärtsilä has signed a five-year lifecycle agreement with Ireland-based Pardus Energy to support the operation of the company's Turquoise P FSRU. The agreement will provide dedicated contract management, maintenance planning, and spare parts to help Pardus Energy improve maintenance readiness and prepare for major planned overhaul events during the contract period. The Turquoise ...
Gulf Marine Services locks in four-year offshore Brazil assignment UAE-based offshore support vessel owner Gulf Marine Services has won a four-year charter for one of its self-elevating accommodation units to be deployed offshore Brazil. The contract, signed with an unnamed customer, described only as an international offshore accommodation services provider, comprises 1,461 days of firm charter. The vessel is scheduled to be delivered to ...
Suriname FPSO to trial kite-assisted towing A joint venture between Dutch floater expert SBM Offshore, French-based engineering and technology company Technip Energies, and major energy player TotalEnergies has signed an agreement with Beyond the Sea to evaluate wind-assisted kite-towing for Suriname's GranMorgu FPSO project. The agreement signed by the so-called STS joint venture is for the development, installation, testing, and operatio
Hormuz and Red Sea risks converge The US military has fired missiles into a commercial tanker attempting to reach Iran. US Central Command said a military aircraft struck the smokestack of the unladen, Curaçao-flagged Belma after the vessel ignored repeated warnings while sailing through international waters towards Kharg Island, Iran's principal crude export terminal. The tanker was disabled and is no ...
Chinese liner queues up weekly Arctic boxship service China's Sea Legend Shipping is preparing to turn the Northern Sea Route into a seasonal liner product, scheduling eight weekly container sailings between China and northern Europe from mid-August through late October. It would be the first regular weekly box service on the Russian-controlled Arctic corridor, moving beyond the demonstration voyages seen to date. The ...
Former logistics reporter set to become Britain's latest prime minister A former logistics journalist who once covered tank containers and bulk-liquid transport is set to become Britain's next prime minister, completing one of the more unusual career journeys to Downing Street. Andy Burnham, the former mayor of Greater Manchester and newly elected MP for Makerfield, will succeed Sir Keir Starmer on Monday, becoming Britain's seventh ...
Ex-captain admits drugging and raping US maritime cadet at sea A former captain has pleaded guilty to drugging and raping a 21-year-old US Merchant Marine Academy cadet during her Sea Year placement aboard the Liberty Glory. John Merrone, 53, entered the plea in Brooklyn federal court on Wednesday just as his trial was due to begin. He admitted having sex with the cadet without her ...
Shipping needs to stop chasing the perfect AI solver The next evolution of digital shipping is not a universal optimisation engine capable of planning every voyage, writes Natalia Liashenko, the CEO of Marine Solver. It is an architecture that combines specialised mathematical models with transparent, human-led decision-making, she argues in this exclusive for Splash. As digital technologies continue to reshape shipping, the industry is ...
UK appoints lead regulator for £175m Port of Tyne energy park The UK government has appointed the Marine Management Organisation as lead environmental regulator for the Port of Tyne's £175m clean energy park. The appointment is intended to coordinate the planning, licensing and environmental approval process for the 230-acre development. The Tyne Clean Energy Park is being developed to support offshore wind manufacturing, assembly, storage and ...
The Daily View: Is the gulf's energy shock becoming structural?
MSC wants voyages with EU transhipment calls exempted from ETS Mediterranean Shipping Co is pushing for EU ETS exemptions for its containerships' transhipment calls at EU ports, as pressure grows...
Salvor revenues halved after big drop in wreck removals Lloyd's Open Form cases in 2025 only just above historic low
Prokopiou orders very large ammonia carrier pair Contract with Hengli Heavy in China marks owner's first-ever move in LPG carrier sector
Russian attacks deter shipowners from calling at Ukrainian Black Sea ports Escalating attacks by Russia and Ukraine on ships, ports and maritime infrastructure in the Black Sea are driving up costs...
Middle East port update: Thursday, July 16 UAE's Fujairah and Khor Fakkan port activities and business operations are proceeding effectively and without disruption
China's Sea Legend pushes Arctic ambitions with first near-weekly China-Europe liner service Sea Legend is scaling up its Arctic service to near-weekly frequency, marking the first attempt at scheduled container shipping across...
Rates surge on some tanker routes amid renewed Hormuz risk Tanker rates surge on Middle East risks as owners accelerate newbuilding orders and asset values climb
Secondhand containership sales cool in 1H26 while MSC remains most active buyer Despite fewer transactions buyer demand remains strong across all vessel sizes, which is keeping secondhand asset prices firm
India warns shipowners: keep seafarers out of Hormuz India has directed ship owners, ship managers and recruitment agencies to stop deploying the country's seafarers on vessels going through...
JPMorgan Chase fuels MASGA push with $24m bet But challenges remain, with more needed to make US yards attractive enough to compete with South Korea, China and Japan
Daily Briefing Russian ban and Hormuz setback deliver one-two punch to seaborne diesel | Speculative LNG carrier orders rise despite mounting Hormuz...
Carrier flips backhaul cargo challenge to 'disrupt' MPV sector Treating project cargoes as a return cargo bucks traditional breakbulk shipping strategy, but G2 Ocean is looking to provide a unique solution to the backhaul dilemma.
Vessel delays worsen at key Chinese ports after typhoon moves through Hapag-Lloyd said there's a 72-hour wait at Shanghai's Yangshan deepwater port for vessels operating Gemini services, while ships operating non-Gemini services are having to wait six days before being able to berth.
Tighter truck capacity, not stronger demand, driving freight recovery: J.B. Hunt On a Q2 earnings call, company officials said tightening driver availability, increased regulatory enforcement, and rising operating costs are removing capacity from the market faster than freight demand is growing.
Antwerp H1 volume falls as disruption, falling exports weigh on throughput Trade between Europe and its partners continues to adjust to the ever-changing geopolitical environment, and that uncertainty is being felt in the port's container handling business.
Sea Legend to resume Arctic container service between China and Europe Move underscores interest in the Northern Sea Route as alternative to traditional Asia-Europe trade lanes
Master of tanker accused of sanctions busting has trial date set for December UK accuses seafarer of sanctions-busting over trade in Russian crude
Tanker hit by drone at Iraqi oil terminal Oil ministry downplays seriousness of incident on Thursday
Greek port service firms step up to remove Houthi-hit stranded tanker 'Unprecedented collaboration' aims to remove environmental time bomb from Greek shores
Greece's Kourtesis family anchors new LPG-focused shipping fund Co-founded with a former Luxembourg private banker, the maritime platform aims to mobilise up to $300m
War puts paid to $200m Dubai property deal for Evangelos Pistiolis Top Ships rejects chance to buy portfolio from controlling shareholder's private interests
Law firm SPB brings in US Treasury official Trevor Kellogg Experienced trade expert joins public policy team
Suezmax market walks a fine line even as rates stay historically high Market moved sideways as 'healthy' demand met tight ship supply
Dorian LPG piggy bank pays out again as sales cash banked Irregular dividends from VLGC owner now total $450m since 2024
Product tankers set to benefit from Russian diesel export ban, brokers say Braemar believes vessels will be caught out of position by Moscow's move
'Awkward cocktail party': The Nordic banks with skin in the game on both sides of the Genco-Diana showdown Several banks are offering financing to support Diana's takeover efforts
No safe haven for shipping as Ukraine conflict rages As Russia and Ukraine attack commercial shipping with growing impunity, seafarers - not international law - are bearing the human cost
Shipowners told not to employ Indian seafarers for Strait of Hormuz transits Country's regulator highlighted a string of attacks on vessels and deaths of its nationals
Tanker heads to Japan with pioneering Mexican crude cargo Shipment is said to be the first since Iran war started
Shipowners told not to use Indian seafarers for Strait of Hormuz transits Indian regulator highlighted a string of attacks on ships and deaths of its seafarers
VIDEO Unsanctioned crude tankers attacked by Ukrainian sea drones Panama and Liberian-flagged vessels hit by USVs in Black SeaTuapse
Unsanctioned crude tanker attacked for first time as Ukraine expands hit list Panama-flagged vessel hit by two sea drones off port of Tuapse
MPC Capital rebrands as MPC Oceanic Group to reflect broader maritime focus Move reflects involvement in nearly 40 newbuildings worth $2.5bn
New UAE-based owner emerges as a buyer of kamsarmaxes Outfit said to be backed by a Malaysian asset manager bought ships from Neda and Transocean Maritime
Toxic leak from MSC container ship disrupts traffic at key port Terminal is still closed after several workers were taken to hospital
Tata Group plots $1bn shipyard in India as part of newbuilding push Giant conglomerate adding new business to its empire
Greek shipowners jump on VLAC bandwagon at Hengli Heavy Evalend Shipping has ordered four VLACs, while Capital Maritime and Dynacom Tankers have each inked two vessels
Rubico buys second tanker newbuilding from Pistiolis' Top Ships Product carrier is due from Chinese shipyard in 2029
Nordea shipping loan book remains stable despite 'risks for the global economy' Portfolio stood at $5.2bn at end of second quarter
Owners shun US escorts for Strait of Hormuz transits after ship attacks Power of naval protection in doubt as situation deteriorates
BW LPG trading arm suffers loss amid Middle East 'turbulence' Trading was impacted by 'considerable fluctuations' in LPG pricing, CEO says
KC Maritime breaks four-year order drought with ultramax bulker deal in China Hong Kong shipowner focused on expanding its fleet with fuel efficient vessels
US resumes attacks on Iran-trading ships, striking VLCC to enforce blockade UAE-managed tanker hit with missile on its funnel, and no reports of human casualties
JP Morgan VLCC newbuilding splurge tops $1.26bn with fresh orders at Hanwha Ocean The US investment bank is said to have 10 VLCC newbuildings booked at shipyards in China and South Korea
Hong Kong start-up inks eight-ship order to move into product tankers and car carriers Zhongnan Shipping said to have made debut transaction at domestic shipyard
ArcBest announces layoffs, closing 10 LTL terminals ArcBest announced a restructuring Thursday that will reduce its workforce by approximately 2%. It will also consolidate some less-than-truckload terminals, shedding roughly 1% of the doors from its network. The Fort Smith, Arkansas-based transportation and logistics provider has over 14,000 employees. "The reductions include employee separations, the elimination of certain open positions, and the
DHS, DOT partner to investigate 75 CDL training schools suspected of fraud The U.S. Department of Homeland Security announced Thursday that it will partner with the U.S. Department of Transportation to investigate fraudulent and illegal practices in commercial driver's license schools. Homeland Security Investigations will work with the Federal Motor Carrier Safety Administration. The agencies said HSI and FMCSA will identify and address fraud involving the issuance of
Plastic-bag manufacturer settles allegations of customs fraud for $7.3M New York-based RediBagUSA and CEO Jeffrey Rabiea have agreed to pay $7.3 million to settle a customs fraud investigation into whether the company misrepresented the country of origin on imported plastic retail and grocery checkout bags to avoid antidumping duties, according to the U.S. Department of Justice. The settlement resolves allegations that RediBag USA, legally registered as New York Pack
Prologis sees demand bump for logistics warehouses Logistics warehouse operator Prologis said it continues to take market share and outpace the broader market in key metrics. The real estate investment trust's second quarter was better than expected as it inked a record number of leases. An improving rental market pushed the company to raise its full-year outlook. Prologis ( NYSE: PLD ) reported second-quarter consolidated revenue of $2.43 billio
Peak fatigue? Intermodal slows in latest data The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 11, 2026. Freight on U.S. railroads remained comfortably ahead of year-ago levels, but intermodal traffic slowed as some Class Is are struggling to manage a surge. Volume totaled 503,525 carloads and intermodal units for the week ending July 11, the Association of American Railroads reported, up
Postal operators struggle to break even despite parcel growth Postal operators worldwide saw modest revenue growth in 2025, with average revenue rising by 1.4%, mostly driven by parcel business, according to preliminary results published on Thursday by the International Post Corp. Letter mail has continued to decline in all markets worldwide. Over the past three years, postal operators' revenue growth has come almost entirely from parcels rather than mail.
Trump promise on military CDLs sounds similar to existing programs Remarks Wednesday by President Trump about creating an easier pathway for veterans to become CDL holders sounds in its general description to be similar if not identical to an existing federal program that is approximately 15 years old. At an event in Carlisle, Pennsylvania discussing investment in the military, the President, after criticizing illegal immigrant drivers, said of veterans that "we
FreightWaves Announces 2026 AI Excellence in Supply Chain Awards Winners CHICAGO - FreightWaves unveiled the winners of its 2026 AI Excellence in Supply Chain Awards during a ceremony at the Old Post Office in Chicago as part of the FreightWaves Supply Chain AI Symposium on July 15, 2026. The awards recognize companies using artificial intelligence to transform supply chain, transportation and logistics operations. The competition this year was fierce. FreightWaves re
US forces fire on Iran-bound tanker U.S. forces on Wednesday opened fire with missiles to disable an Iran-bound merchant vessel they say was trying to run a blockade in the Arabian Gulf. The Curacao-flagged M/T Belma was transiting international waters toward Iran's Kharg Island crude oil terminal, U.S. Central Command said. "The commercial vessel ignored multiple warnings as it attempted to violate the U.S. blockade. A U.S. aircra
Woman in $150M counterfeit postage shipping scheme sentenced to prison A Los Angeles-area woman was sentenced last week to two years and six months in prison and fined by a federal court for using counterfeit postage to ship tens of millions of parcels from China, causing more than $150 million in losses to the U.S. Postal Service. Lijuan "Angela" Chen, 53, pleaded guilty in April 2024 to conspiracy to defraud the United States and use of counterfeit postage. In add
OOCL turnaround on robust trans-Pacific results Orient Overseas Container Line experienced a significant turnaround during the second quarter of 2026, marking a shift from the softer market conditions observed in the first quarter to a much healthier operating environment by the end of June. The Hong Kong-based liner reported revenue for the quarter rose 19.8% year over year to $2.537 billion, up from $2.118 billion in the same period of 2025.
Prologis ups earnings outlook amid record lease signings Logistics warehouse operator Prologis reported another quarter of record lease signings, prompting it to raise earnings guidance for a second time this year. The San Francisco-based real estate investment trust's second-quarter results came in ahead of analysts' forecasts Thursday before the market opened. Prologis ( NYSE: PLD ) reported consolidated revenue of $2.43 billion, which was 11% higher
FBI says billion-dollar criminal network included cargo theft A Texas man who allegedly fled the United States has returned to face federal conspiracy charges after authorities extradited him from Qatar. Abdullah Anwar, 28, arrived in Texas on July 10 according to the U.S. Attorney's Office for the Eastern District of Texas. He remains in custody in Collin County, Texas. Federal prosecutors said Anwar fled the United States while on pretrial release after
J.B. Hunt sees 'massive opportunities' amid intermodal shift J.B. Hunt Transport Services is seeing heightened interest for its intermodal and dedicated services, given a steady exodus of non-compliant drivers and following the Supreme Court's ruling widening liability exposure for brokers. The changing landscape is forcing shippers to seek "safe, secure and reliable capacity," the company said Wednesday in conjunction with its second-quarter report, which
Former FedEx CFO John Dietrich joins American Airlines board Former FedEx Chief Financial Officer John Dietrich has been elected to the board of directors at American Airlines ( NASDAQ: AAL ), the company said Wednesday. Dietrich has 35 years of leadership experience in the logistics and air cargo industries. Dietrich served for nearly three years as FedEx's ( NYSE: FDX ) chief financial officer, resigning on June 1 following the spin off of less-than-truc
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