Ministry of Steel to hold Open House on steel import issues on March 23
Indian Register of Shipping takes one of India's largest crude tankers into Class
Top 30 ports in 2025 ( 2024 ranking in brackets)
CMA CGM announces upgrade to its PEARL (PRX) service to further enhance connectivity and coverage on the West Indian Subcontinent and South China to US West Coast trade
Vessel carrying energy supply berths at Vadinar; DPA Chairman felicitates crew
West Asia crisis and how shippers can deal with the repercussions
Bauxite one of the fastest growing dry bulk commodities
Transhipment hubs drive growth in global port volumes in 2025
Withdrawal of oil jetties at Deendayal Port
Sea-Intelligence update on Gemini service across the Transpacific and Asia-North Europe trade lanes
UKMTO: Two more ships struck by projectiles As UKMTO today posted news on further strikes on ships Windward AI reported hat Qatar has confirmed a full halt to gas production at Ras Laffan, the world's largest LNG export hub,
Expanding its decommissioning platform, Chouest acquires Champagne Energy Solutions The Chouest Group has acquired Houma, La.-based Champagne Energy Solutions (CES), previously known as Champagne Energy & Environmental Services (CEES), a leading provider of offshore decommissioning, plug & abandonment (P&A), and environmental
Hornblower expands at Bridgeport to create full-service Steelpointe Shipyard Hornblower Group has announced the expansion of its one-acre Bridgeport, Conn., waterfront location to 17 acres. Offering services across vessel classes and specializations, the full service shipyard is now named Steelpointe Shipyard
U.S. maritime pushes back on Trump's sweeping 60-day Jones Act waiver The 60-day Jones Act waiver announced by White House press secretary Karoline Leavitt yesterday (see our earlier report) appears to be an extremely broad one The American Waterways Operators reports that the
Seatrium in new agreement with Royal Caribbean Group Singapore-based Seatrium Limited reports that it has entered into a new agreement with Royal Caribbean Group that underscores the strong capabilities of Seatrium's Repairs & Upgrades business as a provider of complex
APM Terminals launches rail shuttle connecting Helsingborg to the port Gothenburg APM Terminals has introduced a new rail freight shuttle service between Helsingborg and the Port of Gothenburg, integrating the southern Swedish city into the port's extensive national rail network. The shuttle is owned by APM Terminals and operated by Dania Connect, completing the journey between the two locations in five hours. The new service extends direct rail connectivity to the Port of Got
Port of Virginia completes deep shipping channel The Port of Virginia has completed construction of a 55-foot deep shipping channel and harbor, the deepest commercial shipping channel on the US East Coast and a centrepiece of the port's US$ 1.4 billion Gateway Investment Program. Channel dredging was completed on February 28, with post-dredge surveying and additional maintenance work currently underway. Maritime charts will be updated to reflec
Waberer's Group reports strong 2025 growth Waberer's Group, listed on the Budapest Stock Exchange, posted consolidated revenue of EUR 816.2 million in 2025, up 7.7% from 2024. EBIT grew 28.8%, while net profit more than doubled to EUR 43.6 million, driven by strategic acquisitions and business developments. The insurance segment doubled revenue to EUR 161 million, with EBIT rising 55% to EUR 37.6 million, fueled by the integration of Magy
North Sea Ports complete digital container release process The digital container import release process at Germany's North Sea ports is entering its concluding phase, with transport companies and truck drivers now required to connect to the German Ports IT platform. The integration of this final group of participants completes a digital process chain covering the entire journey of a container from arrival at port through to collection by road haulage ope
Ulrik Andersen appointed CEO of Denmark's Port of Aarhus The Port of Aarhus , Denmark's largest commercial port, has appointed Ulrik Andersen as its new Chief Executive Officer, effective 1 May 2026 . Andersen brings a decade of experience as Municipal Chief Executive of Thisted Municipality and has prior involvement in the port industry, including board membership and serving as interim CEO of Port of Hanstholm. He has expertise in strategic developm
Explainer: Hormuz as gateway and Iran at the gate AIS data are converging on a conclusion: the world's most critical oil chokepoint has begun to function as a permission-based access system
China Classification Society delivers largest crane ship China Classification Society (CCS) successfully delivered the "Chongqing Emergency 012", the largest self-propelled crane ship in the upper Yangtze River. With an 800-ton lifting capacity , 75-meter boom height , and a 6.7° boom angle , the vessel sets new records for large-scale rescue and construction operations in the region. Funded by China's Ministry of Finance and Ministry of Emergency Man
MSC unit to acquire 50% stake in Sinokor Maritime An investment framework agreement has been signed between Ga-Hyun Chung, SAS Shipping Agencies Services S.a.r.l. (SAS Lux), part of the MSC Group, and Sinokor Maritime Co., Ltd., establishing a joint ownership structure in the South Korean shipping company. Under the terms of the agreement, SAS Lux will acquire a 50 percent stake in Sinokor Maritime and share joint control of the company with its
The EU Ports Strategy Addresses Infrastructure. It Overlooks the Widening Communication Gap. The Commission's five priorities give every port in the Hamburg-Le Havre range identical policy language. The ports that translate shared frameworks into differentiated stakeholder narratives will capture disproportionate competitive positioning value. Within a week of the European Commission publishing its EU Ports Strategy on 4 March 2026, major port associations across the continent had issued
ICS condemns attacks on commercial vessels in the Gulf The International Chamber of Shipping (ICS) has issued a strong statement at the International Maritime Organization's 36th Extraordinary Council Meeting (C/ES 36) regarding attacks on commercial vessels in the Arabian Sea, Sea of Oman, and Gulf region, including the Strait of Hormuz. ICS Secretary General Thomas A. Kazakos condemned the assaults, calling them an "unacceptable threat" to internat
Hapag-Lloyd signs Letter of Intent with India to boost maritime cooperation Hapag-Lloyd and the Government of India have signed a Letter of Intent (LOI) in Mumbai to strengthen maritime cooperation and support India's shipping and logistics sector. The agreement focuses on ship reflagging, sustainable ship recycling, and infrastructure development at Vadhavan Port . Key Highlights: Reflagging: Hapag-Lloyd may reflag up to four vessels under the Indian registry, subject t
Accelleron and HD Hyundai Marine Solution cut fuel use on Hapag-Lloyd vessels Accelleron and HD Hyundai Marine Solution (HMS) have improved fuel efficiency on two Hapag-Lloyd container ships using Engine Part-Load Optimization (EPLO). The Basle Express and Essen Express recorded fuel savings of over 10g/kWh , equal to about 5% lower consumption at certain load ranges. Optimized for Lower Speeds The upgrades included: Engine tuning for part-load operation Turbocharger modif
Port of Huelva starts 2026 with growth in liquid bulk and general cargo The Port of Huelva began the year with total cargo traffic exceeding five million tons between January and February, marking a 4.25% increase. This growth is mainly driven by liquid bulk cargo, which rose 8.49% to over 3.9 million tons. Alberto Santana, President of the Port of Huelva, highlighted the strong performance in liquid bulk traffic, an area where the port is a national reference. He no
CMA CGM updates PSS from China to Africa and Maldives CMA CGM has announced updated Peak Season Surcharges (PSS) from China and Asia to multiple destinations across Africa and the Maldives , effective from mid-March 2026. East Africa and Indian Ocean For shipments from China and Hong Kong/Macau: Kenya (Mombasa) Mar 15-24: USD 100/20', USD 500/40' & 45' From Mar 25: USD 300/20', USD 900/40' & 45' Tanzania (Dar es Salaam) North & Central China: Mar 15
Port of Long Beach cargo holds steady despite geopolitical and tariff uncertainty The Port of Long Beach reported stable cargo volumes in February 2026, despite ongoing tensions in the Middle East and uncertainty around tariffs. The port handled 767,525 TEUs , up 0.3% year-on-year . Imports slipped 0.2% to 368,060 TEUs, while exports rose 8.2% to 97,422 TEUs. Empty containers declined slightly by 0.15% . Operations Remain Smooth Port CEO Noel Hacegaba said cargo continues to m
CMA CGM launches emergency multimodal solutions to bypass Strait of Hormuz CMA CGM has deployed emergency multimodal transport solutions to maintain supply chains in the United Arab Emirates and northern Gulf region , while avoiding transit through the Strait of Hormuz . The move comes amid ongoing security concerns and navigational restrictions affecting maritime traffic in the region. Alternative Logistics Corridors CMA CGM is using a combination of sea, road, and rai
Samudera-Imoto feeder venture acquires first ships Singapore-based Samudera Shipping Line has acquired two feeder ships from Japanese feeder operator Imoto Lines that will be assigned to their joint venture, Blue Ocean Shipping. The latter would start operations in June, tapping on an anticipated growth in demand for feedering due to the reduction of direct calls to Europe
India secures Hapag-Lloyd tie-up in latest liner move German liner giant Hapag-Lloyd has signed a series of agreements with the Indian government, setting out plans to deepen its presence in one of the fastest-growing shipping markets. The Hamburg-based carrier said it has agreed three letters of intent with New Delhi covering vessel reflagging, ship recycling and port development, following talks in Mumbai between ...
Fednav teams up with V6 to move phosphate into Great Lakes Canadian dry bulk owner Fednav has signed a deal with agribusiness firm V6 Agronomy to support the movement of phosphate cargoes into the Great Lakes. The agreement will see the Montreal-based outfit handle shipments from Europe and North Africa into the Port of Johnstown, forming part of V6's supply chain for fertiliser distribution across Canada. ...
Genco rejects Diana takeover bid US-listed dry bulk owner Genco Shipping & Trading has rejected a revised takeover proposal from Greece's Diana Shipping, saying the offer undervalues the company and carries significant execution risks. Genco's board, acting on advice from a special committee of independent directors, turned down the $23.50-per-share all-cash proposal, which targets shares not already held by Diana. ...
Gulf's energy crown jewels become targets Major energy hubs across the Middle East are now being directly targeted as the war between Iran and the US/Israeli coalition enters its 19th day, with missile strikes reported on critical LNG and oil infrastructure and a new attack on a commercial vessel, leaving one master unaccounted for. The Middle East crisis has entered a ...
Petrobras awards long-term service contract to Baker Hughes Oilfield services giant Baker Hughes has signed a 60-month service award deal with Brazilian state-owned major Petrobras. Under the contract, the company will support critical turbomachinery equipment for Brazil's offshore operations and a major refinery. The agreement was signed following an open tender process and covers essential maintenance, repairs, and engineering advisory services. Baker H
Guinea weighs bauxite output curbs One of the most powerful engines driving capesize demand over the past five years is facing a potential government-imposed brake, as Guinea considers slashing bauxite production to arrest a collapse in prices that has seen values halve since the start of 2025. The Guinean government is pushing ahead with plans that could cut national bauxite ...
American activist investor targets MOL Mitsui OSK Lines (MOL), Japan's largest shipowner, saw its share price leap 11% yesterday to a record high after the US's Elliott Investment Management disclosed a significant stake in Tokyo firm. Elliott, which has a long history in investing in Japan, said in a release it felt MOL was undervalued. "We are a significant investor ...
Hanwha unit joins French floating wind project Q Energy, a subsidiary of the Korean industrial group Hanwha, has acquired a stake in the Pennavel floating wind farm in France. The project is being developed off the south coast of Brittany. The other two partners in the project are Elicio France and BayWa France. The Pennavel team has so far carried out more ...
Shipping Corp of India moves into green methanol with new PSV order Shipping Corp of India (SCI) has signed a shipbuilding contract with India's state-run Mazagon Dock Shipbuilders (MDL) for a methanol dual-fuel platform supply vessel (PSV). According to SCI, this new vessel represents a significant strategic step for its fleet modernisation and commitment to sustainability. The 3,000 dwt PSV will be the first vessel in the ...
US makes the case to torpedo 'flawed' Net-Zero Framework October 18 last year saw International Maritime Organization (IMO) member states vote for a one-year delay in the Net-Zero Framework (NZF), now the legislation's arch-nemesis, the Trump administration, has moved to kill it off entirely. The framework-approved in principle at MEPC 83 in April 2025-had set out a global fuel standard and an emissions pricing ...
Iran hits energy facilities in Qatar following attack on South Pars gas field Iran has made good on its threat to attack oil and gas facilities in the Gulf region in retaliation for Israel's strike on its South Pars offshore gas field. According to local media, Iranian authorities have threatened five facilities - the SAMREF refinery and the Jubail petrochemical complex in Saudi Arabia, the Al Hosn gas ...
New index highlights hidden extra costs when buying bunkers Studio 30 50, a Hafnia spin-out focused on building corporate ventures, has launched a bunker transparency index that quantifies the true cost of bunker fuel. The index, backed by some of the largest buyers and suppliers in the maritime fuel industry, accounts for shortfalls in quantity and calorific value, claims delays, and more. Recent analysis ...
Geneva Dry reveals finalised agenda with 40 days to go and 250 companies already signed up Geneva Dry, the premier annual gathering for the dry bulk shipping and commodities industries, today unveiled its finalised conference agenda ahead of the event's return to the Hotel President Wilson on April 28 and 29 - with 40 days to go and approximately 250 companies already registered, organisers say delegate momentum is running well ahead ...
MSC's hidden hand behind Sinokor's VLCC blitz finally confirmed Months of market speculation have been laid to rest. Gianluigi Aponte's Mediterranean Shipping Company (MSC) is formally behind Sinokor Maritime's stunning raid on the VLCC tanker market, with regulators in Greece and Cyprus publishing notifications confirming MSC will acquire joint control of the South Korean operator. The Greek and Cypriot Competition Commissions have disclosed that ...
Shipping's new chokepoints are organisational Regular columnist Wolfgang Lehmacher has some advice for a different AI agenda for shipping. What people say they "trust" and how they rely on systems often diverge. Organisations also rarely design for recalibrating that reliance when conditions change. Dangerously, the model's view of the world becomes the organisation's default worldview. In the age of disruption, ...
OOCL Sunflower docks in Long Beach after Pacific box losses A large containership has arrived at the Port of Long Beach after losing containers in heavy weather in the North Pacific, triggering a response from the US Coast Guard. Officials said the Hong Kong-flagged OOCL Sunflower shed 32 containers overboard while sailing south of the Aleutian Islands on March 3, with a further 57 units ...
Yanbu loading risk rises as Iran targets energy infrastructure Exports from the Saudi port of Yanbu in the Red Sea are increasingly important to the VLCC market. Iran's targeting...
IMO pledges to try to get the seafarers out of Hormuz The IMO will start work on a framework for getting 20,000 seafarers out of the Gulf warzone amid frustration the...
Middle East port update: Thursday, March 19 Traffic through the Strait of Hormuz continues to be severely disrupted, and many shipping companies are still avoiding transits due...
Performance Shipping finances LR1 newbuild with $37.8m sale-and-leaseback deal Greece-based tanker owner says finance amount is equal to 70% of contract price
Genco rebuffs Diana again New York bulker owner says revised $23.50 per share offer from Greece-based Diana falls short
Automotive sector set for disruption as large vehicle carriers remain stranded in Gulf Operators are scrambling to reroute ships and discharge vehicles at alternative ports, but the situation is likely to add strain...
NZF could make green ammonia cheaper than LNG by 2050, says WinGD Green ammonia would get the business case it needs to become a real option for shipping if the Net-Zero Framework...
LNG market facing years-long Qatari supply shortage following attacks Iran's attacks on its Gulf neighbours represents a significant escalation in the conflict that threatens global energy security
The Daily View: Tehran's toll booth will not reopen Hormuz
London Club wins Moundreas tonnage from NorthStandard Greek owner shifts 1m gt to smaller marine mutual
MSC makes moves to acquire 50% stake in Sinokor following joint VLCC buying spree The deal, filed through MSC subsidiary SAS Shipping Agencies Services, would leave the remaining half under Sinokor owner Ga-Hyun Chung
Daily Briefing Iran establishes 'safe' shipping corridor for approved and paid for transits | Cosco tankers gather in Middle East Gulf, as...
Middle East war will 'amplify' volatility in global supply chains: Cosco China's largest shipping company commented on current geopolitical events as it released its 2025 financial results, which saw net profits plummet 38%.
Virginia's deeper harbor could allow higher usage on ULCVs Norfolk's dredging to a 55-foot depth will allow ocean carriers to offer more capacity on big ships that have to load lightly due to draft constraints.
Reefer shippers play waiting game with boxes stuck outside Persian Gulf Containers that were inbound when the war started have been plugged into reefer slots in terminals outside the Gulf, accruing mounting storage charges as cargo owners either wait for the Strait of Hormuz to reopen or start looking for new markets
Hapag-Lloyd to invest $1 billion across Indian maritime verticals The multi-pronged program includes reflagging four of the carrier's container ships to the Indian registry and participating in terminal infrastructure development at Vadhavan.
BW launches offering to sell Navigator Gas shares - and a buyer emerges Gas carrier owner to repurchase half of the stake offered up by its second-largest shareholder
US shipping stocks provide shelter from storm in broader markets Product tanker stocks outperform their crude peers on the day as broader markets slide again
US mulls softer Iranian oil sanctions after easing restrictions on Russia and Venezuela Temporary measure would apply only to barrels on the water, Treasury secretary says
A container ship is aflame more than two weeks after it was attacked Was Safeen Prestige attacked again, or has the original fire continued?
Potential loss of over 60 mtpa of Qatari LNG spikes market anxiety Talk centres on cargo diversions, demand destruction, fresh questions about Russian gas for Europe and so much more
How Strait of Hormuz closure is impacting the VLCC market globally With no conventional VLCCs escaping the Gulf since the conflict started, Atlantic basin activity has not been enough to cover the shortfall
Product tankers pivoting west as Middle East volumes erode, brokers say LRs and MRs heading West in search of new business
Harry Vafias wins Greek entrepreneur title with Monaco in his sights StealthGas principal offers a countercyclical playbook for budding Hellenic entrepreneurs
Shipping Corp of India orders first green methanol vessel PSV will be built at Mazagon Dock
When all the swans are black: Tense times for public shipowners and investors This week's Streetwise takes a look at how geopolitical risk is shaping the financial practices of some public shipping executives
Fednav signs long-term bulker deal for European and African phosphate cargoes Canadian owner says agreement will support agribusiness in the Great Lakes
Lloyd's chief open to 'public and private' solutions as US builds $20bn Strait of Hormuz plan Patrick Tiernan says London-based market has long experience of working on global shipping disputes
Genco rejects latest Diana Shipping bid, blasts Star Bulk 'fire sale' in side deal New York owner says Diana bid again 'undervalues' company and falls below the mean analyst figure of $25 for net asset value
Massive Okeanis Eco Tankers VLCC fixture fails as volatility rocks markets Deal for the Nissos Donoussa is one of many big-money VLCC fixtures to have fallen through recently
Mercuria bunker company could arrest Norvic ships past and present in debt row Bulker operator also facing legal cases from Peninsula Petroleum and General Steamship
Hafnia linked to $200m tanker order at HD Hyundai Four newbuildings will be split between South Korea and Vietnam
Tanker time charter deals grind to a halt as all eyes on falling spot rates Broker lists looking sparse as disruption continues in Middle East
Three tankers owned by Iran's state shipowner exit the Strait of Hormuz with 5m barrels of oil Three National Iranian Tanker Co ships exit Gulf as hundreds of Western vessels remain stuck
Fredriksen camp adopts 'war room' approach as shipping grapples with crisis, SFL executive says Shipowner sees no simple solution as industry tackles three hot areas simultaneously
Chaos theory: Oslo bond market shakes off war threat in a world used to shocks, Pareto says Investment bank sees frenetic activity in high-yield market
Raft of Qatari LNG newbuildings set to hit market amid production outage and damage Deliveries could swamp already long LNG shipping market
US shareholder activist giant Elliott builds 'significant investment' in MOL US operation has become a significant investor in huge Japanese shipowning group
Three tankers owned by Iran's state shipowner exit Strait of Hormuz with 5m barrels of oil Three National Iranian Tanker Company ships exit Gulf as hundreds of western vessels remain stuck
Iran war prompts Braemar pivot on VLCC rate prospects Broker is rethinking its outlook daily
Green ammonia set to prove competitive with VLSFO and LNG, study finds Engine maker WinGD and fuel provider Envision talk up new fuel ahead of first dual-fuel ammonia vessel delivery
Drone strikes key Red Sea tanker port amid blitz on energy assets Saudi Arabia was set to export 3.8m barrels from Yanbu in March
Seapeak sells laid-up LNG steam turbine vessel for further trading Owner expects to sell three vessels redelivering from Qatari charters in 2026 and 2027
Official: World's richest shipowner equal partner with Sinokor in VLCC superpower Competition notice reveals formalisation of partnership that has transformed the big tanker market
Billionaire Gianluigi Aponte's equal stake in Sinokore Maritime VLCC power confirmed Competition notice reveals formalisation of partnership that has transformed the big tanker market
Evangelos Marinakis can build a rival to Frontline on John Fredriksen's home turf Greek shipowner makes big crude tanker play in Oslo with shipping's biggest IPO in 20 years
Cosco Shipping and Bimco launch campaign to promote e-bills of lading across dry bulk trades Blockchain technology described as a key enabler as China promotes digital trade
Iranian missile strikes on Ras Laffan and LNG facilities 'a dangerous escalation', Qatar says LNG producer QatarEnergy reports 'extensive damage' to LNG facilities sending energy prices soaring
Trump washes his hands of Israeli strike on giant Iranian gas field as energy hits spook markets US President pledges that there will be 'no more attacks' by Israel against key Iranian gas field
Fire rages on ship after an attack leaves captain missing off UAE Latest attack brings the total number of confirmed maritime aggression incidents to 21, says UKMTO
Attack in the Gulf of Oman sets vessel on fire near Khor Fakkan Latest attack brings the total number of confirmed incidents maritime aggression to 21, says UKMTO
Cosco Shipping and Bimco launch campaign to promote e-bills of lading across drybulk trades Blockchain technology described as a key enabler as China promotes digital trade
Volvo details $2B push, Mexico plant and record VNL order at TMC NASHVILLE, Tenn. - Volvo Trucks North America unveiled a series of announcements at the American Trucking Associations' Technology & Maintenance Council ( TMC ) annual meeting in Nashville. The company detailed a $2 billion product investment program, a milestone fleet order for 400 trucks and new technology aimed at redefining truck-trailer connectivity. The announcements come as Volvo executes
FedEx raises guidance again after strong earnings beat FedEx Corp. on Thursday reported strong fiscal third-quarter earnings, exceeding optimistic analyst expectations, and raised full-year guidance once again. Corporate revenue increased 8% year over year to $24 billion, beating consensus estimates by $520 million, and adjusted earnings per share hit $5.25 (consensus was $4.09), up 16%, behind yield and volume strength across nearly all package serv
Ohio jury awards $22.5 million in TQL pregnancy case Total Quality Logistics (TQL) has been hit with a $22.5 million jury verdict in Ohio in a lawsuit brought by a former employee who said the giant 3PL's treatment of her during a pregnancy led to the death of her daughter soon after birth. After a jury trial in civil court in Hamilton County, Ohio, which includes Cincinnati, the home city of TQL, Chelsea Walsh was victorious in the lawsuit first f
Diesel Just Hit $5 a Gallon and Linehaul Rates Have Not Moved Much. Here Is How to Fix That in Your Very Next Negotiation With a Broker One month ago the national average for diesel was $3.65 a gallon. As of this week, it is over $5.00. According to AAA, that is a 38% increase in roughly 30 days - the fastest one-month fuel price spike the trucking industry has experienced in years, driven by U.S. and Israeli airstrikes against Iran that have choked off Strait of Hormuz oil flows. And according to DAT Freight & Analytics, the nat
CPKC 'makes its own luck' with Mexico-Canada growth, new CSX service Canadian Pacific Kansas City Chief Executive Keith Creel says his railway is making its own luck at a time when trade tensions, economic uncertainty, and plenty of truck capacity are roadblocks to volume growth. "We create solutions instead of excuses," Creel told an investor conference on Wednesday. They include: Boosting traffic between Canada and Mexico as tariffs make U.S. markets less attrac
Truckload volumes and spot rates hit multi-year highs The U.S. truckload spot market just hit a new cycle high at $2.82 per mile on the National Truckload Index (NTI.USA)-that's the 7-day moving average of booked dry van spot rates, fuel included. Volumes are holding firm at multi-year peaks we haven't seen since late 2022. The chart shows the steady climb of trucking spot rates through early 2026, breaking out with real conviction after hovering in
Prologis forms $1.6B JV to develop logistics facilities Warehouse operator Prologis announced Thursday that it has formed a $1.6 billion joint venture with institutional investor GIC. The initial capital commitment will fund the development and ownership of 4.1 million square feet of build-to-suit logistics space across major U.S. markets. The partnership will leverage Prologis' ( NYSE: PLD ) development platform with GIC's long-term investment. The v
Startup cargo airline 7Air changes CEO after less than 1 year Miami-based startup cargo airline 7Air LLC has named aviation veteran Edward Wegel as CEO just 10 months after launching commercial operations, according to a copy of an internal memo notifying employees of the decision and shared with FreightWaves. 7Air also announced on LinkedIn the promotion of Juan Nunez to chief operating officer and point person to the Federal Aviation Administration on com
FMCSA Final Rule and 'Dalilah's Law' target CDL eligibility: What trucking needs to know In 2026, the U.S. government took two big steps to fix problems with truck drivers who live outside the country. One is a new rule from the Federal Motor Carrier Safety Administration (FMCSA), Restoring Integrity to the Issuance of Non-Domiciled Commercial Drivers Licenses (CDL), which tightens rules on who can hold a commercial driver's license. The other, Delilah's Law, is a new Senate bill tha
From containers to doorsteps: Maersk's push Into parcel logistics Maersk built its reputation moving containers across oceans. Now the maritime giant wants to deliver packages to your doorstep. To do so, it's using data modeling, artificial intelligence and a web of carrier partners to make it happen. Sam Coiro, head of e-commerce commercial business development at Maersk , told FreightWaves the company's push into parcels came from a simple observation: Maersk
February surprise for busiest U.S. container gateway The Port of Long Beach reported solid overall cargo volumes in February 2026, handling 767,525 twenty foot equivalent units (TEUs), an increase of 0.3% from February 2025. Imports were down slightly by 0.2% to 368,060 TEUs, while exports saw surprisingly strong improvement, rising 8.2% to 97,422 TEUs. Empty containers, an indicator of future imports, declined 0.15% to 302,044 TEUs. Port Chief Exe
Outpost adds Newark terminal and EV Realty sites to national network Trucking is estimated to move around 70% of U.S. freight each year. Unlike air cargo, rail and ocean shipping, which have dedicated places like airports, docks and railheads, trucking lacks scalable unified infrastructure. Outpost is betting $1 billion that it can change that. The Austin- and Seattle-based truck terminal owner announced Thursday the addition of five new properties in Newark, Miam
Regulator wants additional, detailed information on UP-NS rail merger While Union Pacific and Norfolk Southern prepare to file a revised merger application in late April, federal regulators are requesting specific data related to the proposed transcontinental tie-up. The request for documents to be submitted prior to the revised application likely could include highly sensitive data related to the $85 billion deal - the first to be evaluated under more stringent ru
HERE Technologies launches advanced EV planning tools for mixed fleets HERE Technologies recently announced new premium capabilities for its HERE Tour P lanning tool on Feb. 9. The features address mixed-fleet operational challenges as commercial EV adoption continues to accelerate. The announcement comes as fleet operators who manage mixed fleets of trucks and vans now face a planning challenge far more complex than traditional routing ever required. Electric vehic
Dalilah's Law plans to restrict foreign dispatchers and brokers As the House Transportation and Infrastructure Committee advanced H.R. 5688, now known as Dalilah's Law, on March 18, 2026 , the bill's provisions targeting foreign entities in the freight ecosystem have drawn particular attention from carriers, brokers, and fraud-watchers. While much of the legislation focuses on Commercial Driver's License (CDL) reforms-such as mandating English-language testin
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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