Mercy Ships returns to Ghana with its largest hospital ship The Global Mercy, following its recent field service in Sierra Leone and scheduled annual maintenance period, arrived at the Port of Tema on August 17. This marks the beginning of a 10-month field service
Vigor Marine Group has a new private-equity owner Private equity firm Antin Infrastructure Partners has now completed its acquisition of Vigor Marine Group from an affiliate of Lone Star Funds. It says that the transaction partners two organizations with deep
Hornbeck Offshore in MOU with nuclear start up Deployable Energy Are nuclear-powered OSVs just around the corner? Houston-headquartered nuclear start up Deployable Energy said yesterday that it has has signed a Memorandum of Understanding with Hornbeck Offshore to transform five strategic maritime
Diversified Marine completes M/V Edwin Rider for Vulcan Materials Louisiana-based Diversified Marine has completed construction of the M/V Edwin Rider, a new 1,600 hp inland towboat for Vulcan Materials, Birmingham, Ala. Built at Diversified Marine's shipyard in Bourg, La., the Edwin
FERRIES 2026 panel to explore the allure of RO/RO ferry standardization Could greater standardization help ferry operators reduce costs, simplify construction and make future fleet renewal more manageable? That question will be at the center of "The Allure of RO/RO Ferry Standardization," a
Great Lakes shipping faces an aging fleet and uncertainty while opportunity remains The Great Lakes fleet, specifically on the American side, faces a challenging pathway ahead. Facing off with a rapidly aging fleet, high shipbuilding, heavy industry in flux, and an uncertain direction in
Cochin orders MacGregor solutions for LNG-fueled CMA CGM sextet The six 1,700 TEU dual-fuel containerships on order for CMA CGM at India's Cochin Shipyard will feature a comprehensive scope of MacGregor cargo handling solutions, MacGregor's scope of supply includes the design
NNS successfully completes CVN 79 acceptance sea trials HII (NYSE: HII) reports that its Newport News Shipbuilding (NNS) division has successfully completed acceptance sea trials of John F. Kennedy (CVN 79), the second Gerald R. Ford-class nuclear-powered aircraft carrier. Kennedy
Rhenus Delivery Services expands electric vehicle fleet in Poland Rhenus Delivery Services has expanded its electric vehicle fleet in Poland with the addition of nine new electric delivery vans with a gross vehicle weight of 4.25 tonnes, bringing its total electric fleet to 33 vehicles. The expansion supports a project for a key customer in the Special Delivery segment aimed at basing distribution operations exclusively on electric transport. The electric fleet
Maersk introduces new pick-up fee for Riga export shipments Maersk will introduce a new Pick-Up Fee for export shipments involving empty container collection in Riga, Latvia . The fee applies when customers pick up an empty container in Riga and later export it through a port outside Latvia. New charges for Riga container pick-ups Maersk will apply the following charges: Container type Pick-Up Fee 20' dry container EUR 250 40' high cube EUR 500 The fee wi
Everllence and Hudong-Zhonghua agreed for LNG carrier propulsion Everllence has signed an Engineering Design Agreement with Hudong-Zhonghua Shipbuilding, the major Shanghai-based Chinese state-owned shipbuilder, for the development of a 180,000 cubic-metre class LNG carrier featuring Everllence's DFE+ dual-fuel electric-plus propulsion system. The agreement was signed on June 5, 2026, building on a prior collaboration between the two companies that delivered 1
BNSF and NFI announce strategic partnership at Barstow International Gateway BNSF Railway and NFI, a leading integrated supply chain solutions provider, have announced a strategic partnership at the future Barstow International Gateway, combining BNSF's intermodal network with NFI's logistics expertise to create integrated transportation, warehousing, distribution and transload solutions for customers across North America. Located in Southern California, Barstow Internati
Explainer: DP World and AD Ports' investments in India How Dubai's capital-deploying operator and Abu Dhabi's optionality-preserving signaler are pursuing two different theories of Indian port investment
Dole increases Costa Rica terminal handling charge Dole Ocean Cargo Express will increase its Terminal Handling Charge (THC) for cargo moving through Puerto Moín, Costa Rica. The increase will take effect on 13 September 2026 and will apply to both import and export cargo. THC to increase by US$25 per container Dole will increase the charge by US$25 per container , regardless of container size or type. For imports, the increase applies to cargo m
Freightos reports increased revenue in second quarter 2026 Freightos reported second quarter 2026 revenue of US$ 7.7 million, a 3% increase from US$ 7.4 million in the same period of 2025 and a record quarterly result for the company. IFRS gross margin improved to 67.6 percent from 67.1% year-on-year, while non-IFRS gross margin rose to 74.1% from 73.5%. The IFRS net loss narrowed significantly to US$ 1.6 million from US$ 4.3 million in the second quarte
Hapag-Lloyd updates dangerous goods surcharge to Jeddah Hapag-Lloyd will update its Dangerous Goods Premium (DGP) for shipments from Europe to Jeddah, Saudi Arabia. The updated surcharge will take effect on 1 September 2026 and will remain in place until further notice. DGP set at US$1,000 per container The surcharge applies to cargo moving from North Europe and the Mediterranean Sea to Jeddah . Hapag-Lloyd will charge US$1,000 per container for all c
Maersk appoints Bruno Plantaz as Global Head of Solutions A.P. Moller - Maersk has appointed Bruno Plantaz as its new Global Head of Solutions and a member of the Executive Leadership Team. Plantaz will take up the role on 1 November 2026 . He will succeed Narin Phol, who will leave Maersk at the end of September. Plantaz brings logistics experience Plantaz has extensive experience in freight forwarding and contract logistics. He spent ten years with Ku
RCL announces Low Sulphur Go Green Recovery for September 2026 Regional Container Lines (RCL) has announced its Low Sulphur Go Green Recovery (LGGR) for September 2026. The LGGR is used by the carrier to recover the additional cost of using low-sulphur marine fuel. LGGR linked to IMO sulphur rules The mechanism relates to the International Maritime Organization's sulphur regulations, which took effect on 1 January 2020. The rules reduced the sulphur limit f
US Army Corps grants permit for Louisiana International Terminal The U.S. Army Corps of Engineers has granted a federal permit for the Louisiana International Terminal (LIT) . The approval authorizes construction of the new deepwater container terminal. Port of New Orleans (Port NOLA) is developing the project with private-sector partners. These include Terminal Investment Limited (TiL), the terminal operating arm of MSC, and Ports America. New container termi
ADQ plans cash offer to acquire remaining AD Ports Group shares ADQ plans to acquire the remaining shares in AD Ports Group through a voluntary conditional cash offer. AD Ports Group said it received notification of the planned offer from L'IMAD Holding Company, a sovereign investor of the Government of Abu Dhabi. L'IMAD intends to make the offer through its wholly owned subsidiary, Abu Dhabi Developmental Holding Company (ADQ) . ADQ already owns 75.42% of AD
CMA CGM introduces Early Cancellation Fees for SpotOn bookings CMA CGM will introduce Early Cancellation Fees for selected SpotOn bookings from 19 September 2026. The new fee will apply on specific trades when customers cancel or reduce bookings between 15 and 21 days before the estimated time of departure (ETD). New cancellation structure for SpotOn bookings Under the updated policy, cancellations made more than 21 days before ETD will remain free of charge
Port of Tyne advances recovery after July vessel collision The Port of Tyne is continuing recovery operations following the vessel collision on 19 July , while maintaining cargo and shipping activities. The port is working with specialist contractors, environmental response teams, government agencies, customers and shipping lines. Recovery work includes damaged containers, terminal equipment and plastic pellets released into the environment. BG Orange le
Warning strike at six German seaports may disrupt operations A 24-hour warning strike is underway at six German seaports , with operational disruptions expected during the industrial action. According to Hapag-Lloyd, the strike was called by German trade union ver.di and began on the evening of 17 August 2026 . Six German ports affected The warning strike affects the ports of Hamburg, Bremerhaven, Bremen, Wilhelmshaven, Emden and Brake . Hapag-Lloyd said d
MacGregor wins order for six CMA CGM LNG containerships MacGregor has secured a cargo handling order from Cochin Shipyard Limited (CSL) in India. The order covers six 1,700 TEU containerships being built for CMA CGM. The vessels will use dual-fuel LNG propulsion. Deliveries are planned between 2029 and 2031 . MacGregor booked the order in its Q2 2026 orders received . Order covers hatch covers and container equipment MacGregor will supply a range of c
Crew casualty reported after vessel struck in Strait of Hormuz A vessel was struck by an unknown projectile while transiting the Strait of Hormuz , according to the United Kingdom Maritime Trade Operations (UKMTO). The incident occurred on 18 August 2026 during an outbound transit of the strait. Projectile damages engine room According to UKMTO, the vessel's Company Security Officer reported that an unknown projectile struck the ship. The impact damaged the
Maersk increases PSS from Far East Asia to Sri Lanka and Maldives Maersk is revising its Peak Season Surcharge (PSS) for shipments from Far East Asia to Sri Lanka and the Maldives. The revised surcharge will be US$400 per container across the covered equipment sizes. US$400 PSS across container sizes The surcharge applies to shipments from China, Japan, Singapore, Malaysia, Indonesia, Vietnam, Cambodia, Laos, Thailand, Myanmar, the Philippines, Brunei, Hong Kon
How the PGSA's northern route became the rational choice New UKMTO transit data for the week ending 14 August confirms what earlier Container News analysis had only inferred from narrative reporting: the split between Iran's PGSA-administered northern corridor and the traditional Omani southern route through the Strait of Hormuz is no longer a matter of preference. It is a matter of survival statistics
Maersk strengthens Morocco logistics with Tangier-Casablanca rail service Maersk is strengthening its logistics network in Morocco with a rail service connecting Tangier and Casablanca , offering an alternative route for cargo moving into the country's main commercial and industrial hub. The rail service is already operational, with regular departures between the two locations. Maersk said the solution combines Tangier's global maritime connectivity with Casablanca's p
Low Rhine water forces cargo shift from barges to rail Low water levels on the Rhine are pushing more freight onto rail as inland shipping capacity comes under growing pressure. RheinCargo has added trains between Rotterdam and Duisburg to support cargo flows affected by the low water. Meanwhile, DB Cargo has made around 400 additional freight wagons available at short notice. The measures come as low Rhine water continues to disrupt European supply
Maersk introduces emergency inland fuel surcharge across Nordic region Maersk will introduce a temporary Emergency Inland Fuel/Energy Surcharge for inland shipments across several Nordic and Baltic markets. The surcharge will take effect on 19 August 2026 and applies to Store Door (SD) shipments. Maersk linked the measure to rising fuel costs amid the ongoing disruption to fuel supplies from the Middle East. Surcharge varies by country Seven countries are covered by
Maersk updates intermodal fuel fees in UK and Ireland Maersk has updated its Intermodal Fuel Fee (EFS/IFS) for truck transportation in the United Kingdom and the Republic of Ireland. From 1 September 2026 , the fee will be 8.3% in the UK and 5.1% in Ireland . The carrier reviews the fee every month. It said the latest levels reflect continued pressure from global energy prices. New fuel fee levels from September The updated Intermodal Fuel Fee for t
ADM expands Scottish supply chain with new Port of Greenock operations ADM is expanding its Scottish operations with new storage and berthing capacity at the Port of Greenock . The new operations will strengthen the company's import, storage and distribution capabilities in Scotland. They will also improve access to key feed ingredients. The Greenock facility is owned by Peel Ports Group and will complement ADM's existing operations at King George V Dock in Glasgow
ICTSI East Java Terminal explores stronger trade links with Eastern Indonesia East Java Multipurpose Terminal, ICTSI's Lamongan operation, has hosted logistics industry representatives to explore trade opportunities between East Java and the broader Eastern Indonesia region, with a focus on freight development, market access and transport connections through the Lamongan gateway. The meeting took place on August 5 between EJMT and members of the Indonesian Logistics and Fo
Maersk introduces US$500 PSS from East Africa to North Europe Maersk will introduce a Peak Season Surcharge (PSS) for cargo moving from East Africa to five European markets. The surcharge will take effect from 17 September 2026 and will amount to US$500 per container. Capacity constraints drive new surcharge Maersk said the PSS is being introduced amid prevailing market conditions and capacity constraints affecting trade into North Europe. The surcharge co
Genco hits back at Diana after takeover offer withdrawal Genco Shipping & Trading has responded to Diana Shipping's decision to withdraw its takeover offer, rejecting Diana's characterization of the negotiations and defending the transaction framework proposed by its board. The latest statement marks another escalation in the dispute between the two dry bulk shipping companies. Diana announced on 14 August that it was withdrawing its offer to acquire t
Maersk tears up fleet ceiling Maersk appears ready to tear up one of the defining tenets of its strategy this decade, abandoning its long-standing containership capacity ceiling as Vincent Clerc prepares the Danish carrier for renewed fleet growth. Throughout container shipping's extraordinarily profitable 2020s, Maersk repeatedly insisted its fleet would remain broadly within a 4m to 4.4m teu band, with ...
Alam Maritim CEO detained by Malaysia's anti-corruption agency The chief executive officer of OSV owner Alam Maritim has been detained in connection with an ongoing investigation by the Malaysian Anti-Corruption Commission (MACC). The company said that the remand of its CEO, Azmi Ahmad, who has been the company's managing director and CEO since May 2006, is "for the purpose of facilitating the ongoing ...
China Merchants firms charter deal for five MPP newbuilds China Merchants Energy Shipping (CMES) has firmed long-term charter deals for five multipurpose newbuildings, locking in another 422,500 dwt of capacity for its growing general cargo operation. The Shanghai-listed owner has signed for three 84,500 dwt ships from CMB Financial Leasing and another two from China Merchants Financial Leasing. The initial three-year charter period will ...
A.P. Moller Capital swoops for Moroccan logistics group Globex A.P. Moller Capital has agreed to acquire a majority stake in Moroccan logistics group Globex Investissement, putting capital from its recently established Morocco-focused logistics fund to work. The deal is being made through the Emerging Markets Infrastructure Fund II and APM Capital Morocco Fund. Financial terms and the size of the majority holding were not ...
Seacon refinances chemical tanker quartet Hong Kong-listed Seacon Shipping is refinancing four modern chemical tankers in a $103.4m sale-and-leaseback switch that will cut the margin on the vessels' debt. The Qingdao-based owner is exercising early purchase options on the 18,500 dwt Golden Banyan, Golden Cedar, Golden Maple and Golden Olive for a combined $107.9m, bringing to an end financing arrangements ...
C-Job and Glomar unveil new multi-purpose OSV design C-Job Naval Architects and Glomar have unveiled the design of a next-generation offshore support vessel. Purpose-built as Glomar's first vessel of its kind, the design eliminates the need for multiple specialised ships. The vessel is engineered for performance across diverse offshore tasks, from subsea inspections and cable trenching to ROV operations. "This project reflects C-Job's ...
ExxonMobil awards $1.1bn in Mozambique LNG project deals US supermajor ExxonMobil has awarded approximately $1.1bn in pre-investment contracts for equipment supporting the Rovuma LNG Phase 1 development in Mozambique. OneSubsea received the largest contract, with Aker Solutions Mozambique supporting in-country work on engineering, procurement, fabrication, and manufacturing services for subsea production systems, controls, and umbilicals. Advanced Tech
TGS expands Sarawak seismic programme offshore Malaysia Oslo-listed seismic specialist TGS has announced the Sarawak Phase 4 multi-client program offshore Malaysia, covering approximately 1,020 sq km. The Ramform Sovereign vessel is scheduled to mobilise for the survey in the fourth quarter, and acquisition is expected to be completed in December 2026. The survey project, supported by industry funding, is the fourth phase ...
Noble lands one-well jackup deal offshore Norway Offshore drilling giant Noble Corporation has been awarded a one-well contract for one of its ultra-harsh environment jackup rigs. The Norwegian arm of Polish energy group ORLEN has hired the 2014-built Noble Intrepid to drill an exploration well offshore Norway. The contract is expected to begin in the third quarter of 2027 and last an ...
Seafarer killed in latest Hormuz strike A seafarer has been killed in the latest attack on merchant shipping in the Strait of Hormuz, while Iran is claiming to have detained a UAE-owned tanker for failing to comply with Tehran's new transit regime. The 76,801 dwt, Liberia-flagged panamax Minoan Dignity was struck by an unknown projectile yesterday evening while transiting around five ...
Sonangol sells 19-year-old suezmax for nearly $50m A suezmax firmly in the shadow-fleet age bracket is changing hands for just under $50m, with the price tag showing that tanker values in this segment show no sign of cooling down. Joining a long list of suezmaxes changing hands this year is the Sonangol Namibe (158,425 dwt, built 2007 at Daewoo). To the surprise ...
Cameroon-flagged ship hijacked off Somalia Somali pirates have hijacked the Cameroon-flagged general cargo ship Lutuf off the coast of Somalia, the latest incident in a renewed wave of piracy across the western Indian Ocean. Eight armed men boarded and seized control of the small 1995-built vessel yesterday. The condition of the crew remains unconfirmed. The attack adds to mounting concern ...
Second IMS tanker hit in Black Sea drone campaign Greek tanker owner IMS has suffered another Black Sea drone strike, with its suezmax Skiros hit on the bridge while loading oil off Novorossiysk, Russia. Footage obtained by Greek broadcaster SKAI shows an aerial drone making an initial pass over the area before returning and striking the vessel's bridge, where a fire broke out. SKAI ...
Splash Singapore: Cetus Maritime's Tabitha Logan on moving beyond the AI buzzwords Shipping needs to move beyond the hype and buzzwords surrounding artificial intelligence and start concentrating on practical execution, human trust and whether new technology actually makes life easier for people at sea. That will be one of the key messages from Tabitha Logan of Hong Kong dry bulk owner Cetus Maritime when she takes part ...
The hidden cost of the voyage you never considered Natalia Liashenko, the CEO of Marine Solver, on making the invisible visible in shipping. Shipping is entering an era of technological pragmatism. It is no longer enough to promise that technology will make operations faster or smarter; companies want measurable results and a clear path to return on investment. That expectation is reasonable. Software, integration ...
Yet again, crude tanker rates are surging higher across the globe Crude tanker owners, already savouring their best market in two decades, are seeing another leg up in spot rates. Tanker...
The Daily View: Tanker tonnage's trump card
Tankers become strategic assets as Gulf risk drives a lasting split in the market As national oil companies seek greater control over transport capacity amid escalating security risks, what was once a largely interchangeable...
Syria's ports surge back to life as sanctions ease and regional trade shifts Sanctions relief, infrastructure investment and Iraq's efforts to bypass Strait of Hormuz disruption have combined to drive a sharp rebound...
Hormuz traffic holds firm as attacks intensify and diplomacy collapses Despite escalating attacks, collapsing US-Iran diplomacy and growing use of dark shipping, commercial traffic through the Strait of Hormuz remains...
What are the options to replace the IMO NZF? Instead of one Net-Zero Framework, countries now have five options to ponder over. Here's how they work
Baltimore claims may yet bust pool scheme upper limit, Lockton warns The overspill call clause is little known. But it's there in every IG affiliate's rulebook
Bulk carrier values strengthen on rising buying interest amid robust freight market According to Xclusiv Shipbrokers, the dry bulk sale and purchase market saw 496 transactions between January and July, up from...
New Orleans container terminal gets regulatory greenlight The terminal will be the US' only greenfield container port under development, the Port of New Orleans said following the...
Seafarer killed as bulker struck in latest Strait of Hormuz attack A chief engineer has been killed after a Greek-operated bulker was hit by a projectile in the Strait of Hormuz...
Daily Briefing Ukraine drone strike hits Greek tanker despite reported Black Sea deconfliction deal | How would Hormuz crisis lasting through 2027...
Crippling port delays at Jeddah disrupt project cargo schedules Ten-day berthing waits at the Red Sea Saudi port and inland trucking congestion have strained cargo movements throughout the Middle East.
FMCSA's 'Motus' rollout creates headaches for US motor carriers As a new registration system is rolled out, outdated data may temporarily sideline some carriers, making vetting more difficult for shippers and brokers in a tightening market.
Breakbulk industry warily wades into AI Trust issues need to be addressed to allow the breakbulk sector to profit from the benefits of AI-enabled processes.
'I have seen people using ChatGPT': Shipowners take shortcuts on sanctions Marcura executive points to stark compliance gap between large and smaller operators
Modion bulker was the third to be attacked after grain voyage to Iran Iran's food supply chain repeatedly imperiled by its own attacks
Trump doubles down on Hormuz territorial claim with 'no talks' planned with Iran US president says he 'likes the idea' of making the strait part of America
Russia's Baltic-based FSU leaves for Murmansk as FSRU swaps in Ice-strengthened unit could provide storage or simply bolster fleet
'Extremely challenging situation': High winds and waves hamper oil spill response off Oman Conditions unsuitable to start pumping oil from stricken tanker
Singapore makes its pitch to the next shipping generation MPA chief argues that sector is 'slightly recession-proof' as city-state tackles talent challenge
Micro-cap Harry Vafias owner splits shares again as stock falls to six cents Greek bulker and tanker company wants to maintain Nasdaq listing
Ningbo Ocean inks $123m contract for quartet of newbuildings Chinese carrier firms up contract with Wuchang Shipbuilding
Tanker owners cashing in as suezmax spot rates surge Average rates have doubled from last week as owners push market upward
Sonangol resurrects deal to sell suezmax tanker for extra $16m as values surge Angolan energy company was reported to have offloaded the ship in November for only $34m
Top Ships spin-off says next phase 'being built' as product tanker fleet expands Nasdaq-listed Rubico's results hit by dry-dockings
Qatari LNG carrier steamship clear-out kicks off Ten Moss-type LNG carriers offered as sales candidates
Norvic owner Rahman hits out as Mercuria sues wife over unpaid bunker bills New legal action filed in the US to recover money trader is owed
India's Bharat Petroleum Corp turns to older tonnage to secure Middle East barrels Trio of fixtures come as geopolitics continues to shake tanker markets
Med pipeline deal promises 'significant' new tanker demand, broker BRS says Hungary and Croatia agree to pump oil through Adria system
Everllence teams with Hudong-Zhonghua on new LNG carrier design Hybrid-electric propulsion system mooted as next efficiency, emissions saving and cost-cutting step
Further attacks highly likely: Ukraine tipped to step up Black Sea ship hits after Russia rejects truce Security company Ambrey believes violence set to continue in one of shipping's most dangerous frontiers
Ocean Yield chief executive sets course for AP Moller era Chief executive looks to life under new ownership with finishing touches taking shape
Aramco named as charterer of Singfar LNG bunker vessel duo Newbuildings would mark energy giant's entry into sector
AP Moller Capital deepens Morocco ties with new takeover Danish investment company swoops for logistics player
SwissMarine sale moves the needle on kamsarmax bulker values Singapore owner sells to India's Great Eastern
Christen Sveaas' Kistefos sees 'stronger period' for Western Bulk Investment firm sees positive result for bulker operator in 2026
Chief engineer killed on Greek bulker in latest Hormuz attack, security sources say Projectile from unknown source is said to have hit panamax
ALNG sees 'prolonged' Hormuz closure as dampener on LNG shipping Former Awilco LNG hit by volatile market in first half of 2026
Capesizes drive secondhand bulker deals as Japanese owners sell up Modern and vintage ships changing hands below valuations
Wallenius Wilhelmsen and Seacor arms score US military ro-ro charters American Roll-on Roll-Off Carrier and Waterman Transport secure 50-day deals
Seacon moves four new tankers to cheaper financing in $103m deal Hong Kong-listed shipowner replaces AVIC-backed leases just two years after existing arrangements were signed
Two operators score US military ro-ro charters Wallenius Wilhelmsen and Seacor Holdings units score 50-day deals
Fifty years on, Idan Ofer makes 'sentimental' newbuilding journey Namura holds special significance to Idan Ofer
Is shipping 'sexy'? Singapore makes its pitch for the next shipping generation MPA chief argues that sector is 'slightly recession-proof' as city-state tackles talent challenge
Consumer demand fires strong July for LA port The Port of Los Angeles handled 960,464 twenty foot equivalent units (TEUs) in July, marking the second-highest July total in the port's history and extending a run of historically elevated cargo volume at the nation's busiest seaport. The figure followed a June that surpassed 1 million units, leaving July just shy of that threshold. "After topping 1 million container units in June, we nearly rea
How Secure Vehicle Transfer and Biometrics Combat Auto Theft Auto transport fraud is a growing concern, but Central Dispatch is tackling it head-on with new biometric security measures. Lainey Sibble, AVP at Cox Automotive, reveals how their platform is using advanced identity verification and a new Secure Vehicle Transfer process to safeguard vehicles during pickup and transit. Learn about the multi-layered approach to protect against bad actors, includin
Ocean Freight Rates Surge +400% - But Demand Isn't Driving It Ocean freight spot rates have skyrocketed by over 400%, but surprisingly, demand isn't the primary cause. This SONAR Update breaks down how capacity control and strategic blank sailings by concentrated ocean carriers are driving prices. Plus, we dive into the state of trucking tender rejections, rising operating costs, and the shift towards a more regulated environment. FreightWaves experts expla
Why Shared Truckload Wins When Truckload Rates Rise Shared truckload could cut shipping costs 30% to 40% as truckload rates climb. Flock Freight CEO Pat Dillon breaks down how it works, where it fits between FTL and LTL, and why shippers are leaning on it ahead of peak season. In this conversation, Dillon also digs into cargo security, fraud controls, peak-season capacity, and what enterprise shippers are doing to protect service without blowing t
Is Trucking Headed for a Multi-Year Recovery? The freight market is undergoing its most significant structural shift since deregulation, with 20-25% of for-hire truckload capacity exiting. RXO's Jared Weisfeld explains why this supply-driven correction, fueled by ongoing government enforcement and rising operating costs, points to a multi-year recovery ahead. Learn why prior cycle analysis might no longer apply and what shippers should do to
Industrial Slowdown Ahead? ECRI Sees Freight Risk Industrial slowdown ahead? ECRI says the global industrial cycle is topping out, and that could squeeze freight demand and margins in the quarters ahead. Lakshman Achuthan, co-founder of ECRI, breaks down what his leading indicators are showing, why PMIs may confirm the move later, and what a slower industrial economy could mean for freight operators already dealing with sticky costs. If you run
ID Logistics settles claim of Covid loan fraud for $2.6M The U.S. subsidiary of France-based contract logistics provider ID Logistics Group SA has agreed to pay $2.36 million to resolve allegations that it improperly obtained a Paycheck Protection Program loan from the U.S. Small Business Administration during the Covid crisis for which it was not eligible. ID Logistics US submitted an application for a PPP loan certifying that, together with its affil
Some Diesel Analysts Are Warning of a Supply Crunch Nobody in Washington Is Talking About. Here Is What Holds Up, and What It Could Mean for Q4. You have probably noticed something strange lately. The news keeps saying oil prices are calm, even falling, with crude sitting below $100 a barrel. And yet your diesel fuel bill keeps climbing. That disconnect is not your imagination, and there is a single number that explains it. It is called the diesel crack spread, and it just did something it has never done before. Yesterday, the U.S. diesel
New choices: BNSF expands intermodal rail option between Phoenix and North Texas BNSF Railway announced an expanded intermodal service connecting the Phoenix metropolitan area with Dallas-Fort Worth, offering shippers a faster, more economical freight option between two of the Southwest's fastest-growing markets. The enhanced service is aimed at converting over-the-road truck freight to rail, completing the Phoenix-to-North Texas route in just over three days from train depar
6 arrested as UK police target cargo theft costing $88M a year Police arrested six people in Leeds, United Kingdom, on Tuesday during a national cargo theft investigation. Officers targeted addresses across the Belle Isle and Kirkstall areas. The inquiry concerns a large stock consignment taken from a heavy goods vehicle. Investigators also recovered suspected stolen merchandise, controlled drugs and several weapons. The Yorkshire and Humber Regional Organiz
Customs to fight this growing trade fraud with AI 'detective border' A White House trade report argues that illegal transshipment of China-linked goods through third countries has grown into a global system for evading U.S. tariffs, potentially costing the Treasury tens of billions of dollars annually and placing additional pressure on U.S. manufacturing communities. The report says exporters can exploit tariff differences by routing goods through lower-tariff cou
DOT approves UPS transfer of Hong Kong routes to Philippines The U.S. Department of Transportation has approved United Parcel Service's request to transfer six of its Hong Kong flying rights from two countries so it can inaugurate service to Clark Airport in the Philippines, where an expansion project for the carrier's hub is expected to be completed later this year. UPS ( NYSE: UPS ) has also expressed interest in poaching recent authority granted to Asia
Life Couriers gains new CEO with sale to private equity firm Munich, Germany-based Life Couriers, a provider of expedited and temperature-controlled logistics services with a core competence in the healthcare sector, has been acquired by private equity firm JLL Partners, the companies announced on Monday. Concurrently, Life Couriers named Edward DeMartini as CEO. DeMartini served until October as CEO of The Quick Group of Companies, a global time-critical
Latest CDL truck crackdowns find impaired drivers, unsafe equipment, false logs Commercial vehicle enforcement operations across the U.S. and Canada recently resulted in dozens of trucks and drivers being placed out of service, along with citations for violations ranging from unsafe brakes and false logs to impaired driving, speeding and unsecured cargo. Recent enforcement actions in Arizona, New Mexico, Louisiana, Ontario and British Columbia highlight increased roadside sc
The State of Fleet Maintenance: AI, Automation, and Cost of Ownership Fleet maintenance costs are rising, and reactive strategies are becoming more expensive. FreightWaves partnered with Motive to explore how fleet organizations are using AI, automation, and integrated operations platforms to reduce downtime, improve efficiency, and lower total cost of ownership. You'll learn: The biggest fleet maintenance challenges in 2026 Where AI and automation are delivering t
Burq bets on the last-mile decision layer as giants retreat The national parcel carriers that once set retail delivery economics have spent a decade shedding their least profitable packages. What filled the gap is a deeper bench: regional carriers, 3PL cross-dock networks, gig courier platforms and private fleets. As it turns out, almost none of them talk to each other. Burq, a last-mile delivery technology company, wagers that last-mile orchestration - t
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