Helsinki Shipyard to build new Finnish Baltic icebreaker Aino Davie's Helsinki Shipyard, which is building the first two of the five USCG Arctic Security Cutters on order at Davie Defense, been selected to build Finland's new icebreaker, the Aino. The procurement
New Crowley weekly container service connects Port Houston to Central America Crowley is introducing a new weekly container service connecting Port Houston to Santo Tomás de Castilla, Guatemala, and Puerto Cortés, Honduras - two of Central America's largest and fastest-growing trade gateways. The
Bollinger launches new NextGen Shipbuilders program with Gulfport School District Bollinger Shipyards has announced a new partnership with the Gulfport School District to launch "Bollinger NextGen Shipbuilders," a work-based learning program designed to introduce high school students to the skills, trades and
What's ahead for Mare Island Maritime Campus? President Trump's recent wide-ranging National Security Presidential Memorandum on Navy shipbuilding and repair directs the Secretary of War to "establish a fifth Naval shipyard, the first in over 80 years, to increase
Freightos Weekly Update: Congestion playing a bigger role in container rates The US-Iran Memorandum of Understanding - signed sixty days ago and aimed at reopening the Strait of Hormuz and kickstarting negotiations to end the war - expired yesterday. As Iranian attacks continue and the US blockade remains in place, a reopening is seemingly no closer than before the agreement. Despite the ongoing war and increased tensions and renewed attacks in the Red Sea, Maersk - along
SOHAR Port and Freezone records cargo growth in first half of 2026 SOHAR Port and Freezone delivered strong first-half 2026 performance, recording total cargo throughput of 52 million metric tonnes, a 52% increase compared to the same period last year. The results reflect the adaptability of SOHAR's integrated port and freezone model across a diversified cargo portfolio and a challenging international trading environment. Ship-to-ship cargo handling reached 24.3
Hapag-Lloyd changes VGM billing process at UK terminals Hapag-Lloyd will change the way Verified Gross Mass (VGM) charges are billed for shipments from two UK terminals. The new billing process will take effect on 1 September 2026 . From that date, Hapag-Lloyd UK will no longer invoice VGM charges for shipments from London Gateway and Southampton. Terminals to invoice VGM charges directly Any applicable VGM charges will instead be invoiced directly by
CMA CGM announces rate restoration from West Mediterranean to US CMA CGM will introduce a Rate Restoration Initiative (RRI) for cargo moving from the West Mediterranean to the United States. The new rates will take effect on 15 September 2026 . The RRI will apply to tariff or service contract rates within the specified trade scope. RRI reaches US$500 for larger containers The initiative covers shipments from West Mediterranean ports. The origin scope includes
Hormuz: The deadline speaks louder than the doctrine Tehran's "fully offensive" threat lands on the exact day its ceasefire clock expired and the analysis shows the escalation it describes was already running for six weeks
ZIM net income jumps 170% in Q2 as revenues reach $1.8 billion ZIM Integrated Shipping Services reported a sharp improvement in second-quarter profitability, supported by higher freight rates and increased container volumes. The Israeli carrier recorded net income of $64 million in the second quarter of 2026 , up 170% from $24 million in the same period last year. Revenue increased 9% year on year to $1.78 billion , compared with $1.64 billion in Q2 2025. Co
Maersk cancels AE15 sailing from Qingdao in week 37 Maersk has announced a sailing cancellation on its AE15 service as part of a schedule adjustment in week 37. The affected voyage is scheduled to depart from Qingdao, China, on 7 September 2026 . AE15 voyage 637W cancelled Maersk will cancel AE15 voyage 637W/642E , with Qingdao listed as the first load port. The schedule details are: Week Service Voyage WB/EB First load port ETD 37 AE15 637W/642E
Port of Los Angeles recorded cargo decrease The Port of Los Angeles processed 960,464 TEUs in July 2026, 6% below last year's all-time July record, when businesses surged cargo ahead of anticipated trade policy changes, the result stood 7.5% above the port's five-year average for the month. Loaded imports reached 499,552 TEUs, down 8% compared to last year's record month but 6% above the five-year July average, reflecting resilient consume
EDECS wins DP World contract for Dar es Salaam Port modernization EDECS Group has secured a contract from DP World to redevelop seven operational yards at Terminal 1 of Dar es Salaam Port in Tanzania . The yards cover a combined area of 90,000 m² . Construction work is already underway. The project expands the existing partnership between EDECS and DP World. Seven cargo yards to be redeveloped EDECS will design and construct seven dedicated cargo and material h
£232 million cocaine haul seized at London Gateway Port UK authorities have seized almost three tonnes of cocaine at London Gateway Port in Essex as part of a National Crime Agency (NCA) investigation. The 2.9-tonne shipment , with an estimated street value of £232 million , was discovered on Thursday after Border Force officers acted on intelligence provided by the NCA. The cocaine was concealed within a shipment of bananas from South America . Conta
The UAE rewires its logistics map around Hormuz A sovereign buyout, a doubling pipeline, and a coastline of new ports reveal a resilience doctrine years in the making, not a crisis improvisation. UAE halts all trade and financial transactions with Iran
RoadOne acquires Higgins Transport Service in Charleston RoadOne IntermodaLogistics has acquired Higgins Transport Service LLC , expanding its drayage and intermodal operations in Charleston, South Carolina. Higgins Transport Service is a Charleston-based agent of Wall Street Intermodal. The company provides port drayage and intermodal freight transportation services. The acquisition will also add 15 drivers to RoadOne's Charleston operations. RoadOne
DB Cargo UK seeks new owner as parent refocuses on Central Europe DB Cargo UK has started a process to find a new owner as its parent company shifts its focus towards Central Europe. The UK Management Board is looking for an owner that can provide additional capital and broader market opportunities. It also wants a partner with the scale needed to support the company's future development. Legal and financial advisers have already been appointed to support the p
CMA CGM updates Panama Canal surcharge on Far East trades CMA CGM has announced an update to its Panama Canal Transit Surcharge for cargo moving from the Far East to several markets in Latin America and the Caribbean. The updated surcharge will apply from 26 August 2026 . For US territories and Colombia, the effective date will be 6 September 2026 . Surcharge set at US$250 per TEU CMA CGM will apply a Panama Canal Transit Surcharge of US$250 per TEU . T
Interview with Nico Wauters, CEO at T-Mining As container shipping continues to digitalise, securing the container release process remains a key challenge for carriers, terminals and logistics providers. With interoperability, cybersecurity and industry-wide standardisation increasingly in focus, Antonia Saratsopoulou, Managing Editor at Container News, spoke with Nico Wauters, CEO of T-Mining, about the vulnerabilities of current container
Thousands join warning strike across six German seaports Thousands of port workers have joined a 24-hour warning strike across six major German seaports as a wage dispute between trade union ver.di and port employers continues. The industrial action covers Hamburg, Bremerhaven, Bremen, Wilhelmshaven, Emden and Brake, following ver.di's call for workers to increase pressure on employers during ongoing collective bargaining negotiations. In Hamburg alone
CMA CGM updates BAF on France-Tunisia RoRo service CMA CGM Short Sea Lines Intra Europe will adjust its Bunker Adjustment Factor (BAF) on the RoRo South service between France and Tunisia. The new levels will take effect on 1 September 2026 . They apply to both import and export cargo. The carrier said the adjustment follows changes in bunker prices since its previous surcharge update. New BAF levels from September The BAF will vary according to
UAE halts all trade and financial transactions with Iran The United Arab Emirates has halted all trade, commercial exchanges and financial transactions with Iran until further notice . The UAE Ministry of Foreign Affairs (MoFA) announced the decision amid escalating regional tensions. The move comes only days after the UAE accused Iran of attacking vessels linked to Abu Dhabi National Oil Company (ADNOC) in the Strait of Hormuz. UAE cites regional esca
Maersk removes equipment positioning charge for Zambia imports Maersk has revised its Equipment Positioning Service - Import (Inland) charge for shipments to Zambia. The change applies to cargo originating worldwide and moving to Zambia. The revised tariff took effect on 16 August 2026 for both regulated and non-regulated countries. Charge reduced to zero Under the revision, Maersk has reduced the Equipment Positioning Service charge for 40-foot dry containe
CMA CGM lowers reefer PSS from North Europe to Middle East Gulf CMA CGM has announced a downward adjustment to its Peak Season Surcharge (PSS) for reefer cargo from North Europe to the Middle East Gulf. The revised surcharge applies from 15 August 2026 , based on the loading date. PSS set at US$1,000 per container Under the adjustment, CMA CGM will apply a PSS of US$1,000 per container. The surcharge applies exclusively to reefer cargo moving from North Euro
HJSC records surge in operating profit in first half of 2026 HJ Shipbuilding and Construction reported a strong earnings turnaround in the first half of 2026, with consolidated revenue of KRW 1.2713 trillion, operating profit of KRW 89.4 billion and net profit of KRW 88.1 billion. Compared to the same period last year, which produced revenue of KRW 917.8 billion, operating profit of KRW 10.8 billion and a net loss of KRW 1.1 billion, revenue grew 38.5 perc
Portchain and X-Press Feeders partner to deploy digital solutions Portchain and X-Press Feeders have announced a strategic partnership to deploy Portchain Connect across the feeder market, optimising berth alignment through real-time data exchange and enhancing Just-In-Time arrivals to improve operational efficiency and reduce fuel consumption and emissions. The collaboration marks a continued expansion of Portchain's digital solutions into the feeder sector an
Pacific Forum Line updates BAF and EFAF for September Pacific Forum Line (PFL) has announced updated Bunker Adjustment Factor (BAF/LSR) and Emergency Fuel Adjustment Factor (EFAF) levels for September 2026. The new rates cover PFL services and partner-operated services across Australia, New Zealand and the South Pacific. PFL updates BAF rates For Australia-South Pacific and South Pacific-Australia trades, the BAF will be US$555 for a 20-foot dry con
Port of Tauranga receives approval for Stella Passage development Port of Tauranga has received a draft decision from the fast-track expert panel proposing to grant all approvals sought for its Stella Passage development, subject to conditions. The port has two days to comment on the proposed conditions, with other parties also given the opportunity to respond before a final decision is expected in early September. The Stella Passage development involves extend
Kongsberg Maritime secures deck machinery contract Kongsberg Maritime has been awarded a substantial contract by a major energy operator to deliver advanced deck machinery for a new Floating Production, Storage and Offloading vessel for an offshore development in Asia. Delivery of the equipment is scheduled for mid-2027. The contract covers a fully integrated mooring and deck machinery solution encompassing chain pull-in winches, chain stoppers,
Singapore to co-create Maritime Singapore Master Plan The Maritime and Port Authority of Singapore has commenced a series of public and industry consultation sessions to co-create the Maritime Singapore Master Plan, an industry-wide blueprint charting the next phase of Singapore's maritime development. The Master Plan, announced during the Ministry of Transport's Committee of Supply Debate in March 2026, is targeted for release in 2027. Senior Minis
Alliance strategies diverge amid Middle East crisis Gemini Cooperation and Ocean Alliance are answering the same crisis with opposite instincts and neither the Red Sea nor the Strait of Hormuz is behaving the way carrier network models assumed
Alam Maritim head resumes duties after release from custody Alam Maritim Resources chief executive Azmi Ahmad has been released from custody and returned to work after being remanded in connection with an investigation by Malaysia's anti-corruption authorities. The offshore marine services company confirmed on Wednesday that Azmi, its group managing director and chief executive, had been released by the Malaysian Anti-Corruption Commission (MACC) and ...
Car carriers step up push for more accurate emissions data A coalition of major global car carrier operators, known as the Global Ro-Ro Community (GRC), has established the GRC Council (GRCC), a body tasked with maintaining and improving the coalition's GHG accounting methodology and data rules. ClassNK, which has served as an independent verifier for the GRC since its 2024 launch, was put in charge ...
Seoul probes safety conditions at HD Hyundai following subcontractor deaths South Korea has launched a sweeping safety investigation into HD Hyundai Heavy Industries following two fatal accidents of the same type at its shipyards within six days. The Ministry of Employment and Labor deployed a 62-strong inspection team on Tuesday in what it described as a high-intensity investigation equivalent to a special inspection. The probe ...
NBOSCO seals four-ship boxship deal with Wuchang Ningbo Ocean Shipping (NBOSCO) has firmed up a four-ship feeder newbuilding programme at CSSC's Wuchang Shipbuilding, committing RMB832m ($123m) to the quartet. Four wholly owned subsidiaries of the Shanghai-listed carrier have signed separate contracts with Wuchang and China Shipbuilding Trading for one 1,900 teu ship each. The 23,950 dwt vessels are priced at RMB208m apiece ...
US ends extra security measures on ships calling Nigeria The US Coast Guard has removed Nigeria from its Port Security Advisory, ending 12 years of additional security requirements imposed on ships trading from Nigerian ports to the US. The change takes effect today, August 19, according to a notice published in the US Federal Register, which formally removes Nigeria from the list of countries ...
Shipmanagement has become crisis management Irene Rosberg from the Copenhagen Business School is back writing for Splash today. Shipmanagement has become considerably more demanding in recent years. Decarbonisation requirements, crew and skills shortages, environmental regulation and digitalisation are all changing the way vessels are managed. Geopolitical instability, however, has the potential to intensify every one of these challenges.
Yangzijiang Maritime piles into product tankers with six-ship order Singapore-listed Yangzijiang Maritime Development has returned to Jiangsu Haifeng Shipbuilding for six more product tanker newbuildings in a deal shipbuilding sources put at more than $320m. The Ren Yuanlin-led company has been linked to four 50,000 dwt MR tankers and two 115,000 dwt LR2s. Broker reports put the LR2 deliveries in 2028 and 2029, with ...
Union Maritime steps up gas carrier push with Yangzijiang pair UK-based Union Maritime has doubled its large gas carrier newbuild programme with a pair of 88,000 cu m VLACs at China's Yangzijiang Shipbuilding. The Laurent Cadji-led owner has emerged as the company behind two gas carrier newbuilds at Jingjiang New Yangzi Shipbuilding, with deliveries scheduled for 2029 and 2030. Union Maritime's fleet list identifies the ...
Transocean drillship wins new work offshore India New York-listed offshore driller Transocean has secured a contract for its ultra-deepwater drillship, Dhirubhai Deepwater KG2, for work offshore India. The contract was awarded by India's state-controlled Oil and Natural Gas Corporation (ONGC). This is the second ultra-deepwater drillship the company has hired. The unit will mobilise in the next three to four months. The ...
Arabian Drilling expands GCC footprint with Oman rig deal Arabian Drilling, Saudi Arabia's largest drilling contractor by fleet size, has signed a contract with a new GCC client
SLB to revive shut-in wells across Shell's Brunei offshore fields Energy technology company SLB has been awarded a contract by Shell's subsidiary, Brunei Shell Petroleum (BSP), to support production restoration from shut-in wells across multiple offshore fields. The contract scope spans subsurface evaluation, well candidate selection, engineering, and offshore execution. Project management, intervention services, monitoring, metering, and marine logistics are i
TGS secures new Mediterranean streamer survey Oslo-listed seismic specialist TGS has been awarded a streamer acquisition contract in the Mediterranean. A Ramform Titan-class vessel is scheduled to mobilise in the fourth quarter of 2026, and the survey is expected to last about 110 days. "We are very pleased to secure this contract award, which extends our streamer acquisition backlog well into ...
Global ship orderbook growth hits fastest pace since pre-Lehman boom At 27% year-on-year, growth in the global shipbuilding orderbook is running at its fastest pace since the eve of the 2008 financial crisis, with contracting volumes now tracking levels last seen during shipping's great pre-Lehman ordering frenzy. The global merchant fleet stood at 117,022 ships of 1.8bn gt at the start of August, up 4% ...
MSC reaches 500 secondhand acquisitions in six-year buying blitz Mediterranean Shipping Co (MSC) has reached another extraordinary fleet milestone, taking its tally of secondhand containership acquisitions since August 2020 to 500 ships, according to Alphaliner. The landmark comes with the Swiss carrier's acquisition of the 2,796 teu Calandra for a reported $27m and the 1,732 teu Fitz Roy for more than $26m. In its ...
China's shipbuilding boom draws another yard into oceangoing construction China's extraordinary shipbuilding boom is pulling another small domestic yard deeper into the oceangoing market, the latest sign that capacity is spreading well beyond the country's established shipbuilding giants. Yizheng Kangping Ship Repair Yard in Jiangsu started construction this week of its first 5,000 ceu pure car and truck carrier, ordered by newly established Hainan ...
ABS Wavesight: Maritime's durability is also its trap "We've always done it this way, and we're still here." For Steve Bomgardner, CEO of ABS Wavesight, a maritime software-as-a-service company, that sentence neatly captures both shipping's greatest strength and one of the biggest obstacles to its digital transformation. "Maritime's durability is also its trap," Bomgardner tells Maritime CEO. "The industry has survived for centuries ...
Sinokor's $6bn tanker bet pays off spectacularly Few shipping bets have paid off as spectacularly as Sinokor Maritime's extraordinary tanker buying campaign. The South Korean owner has dominated secondhand tanker acquisitions in 2026, buying 73 ships for $5.925bn, according to VesselsValue. That is roughly equivalent to the combined spending of the next eight largest tanker buyers in the year to date and ...
Red dots flash warning for Panama Canal shipping The Panama Canal is starting to ration capacity and draft before an expected El Niño-driven drought bites, with forecasts for Gatun Lake providing an ominous warning for shipping heading into the final months of the year. Data from the Panama Canal Authority (ACP), charted by Braemar, shows Gatun Lake levels falling steadily through August, September ...
The Daily View: Hormuz closure becomes the market's base case
Grain carriers under fire as Black Sea conflict continues to escalate Attacks on at least five bulk carriers linked to Russia's grain trade signal a new phase in the Black Sea...
Kyrgyzstan disowns vessels flying its flag as ship registry ambitions stall Kyrgyzstan has told the IMO that no vessels are authorised to sail under its flag, casting doubt on reports of...
Zim returns to profit in Q2 following box market recovery Zim reported average freight rates of $1,590 per teu in the second quarter, up by 21% compared to Q1
Cargo underwriters not interested in small forwarders, argues BIFA Cover geared towards big multinationals, trade association contends
Cargoship hijacked off Somalia with crew still on board Eight crew members and two armed security guards are reportedly still on board the cargoship after pirates gained access to...
MSC adds more secondhand boxships as buying spree hits 500 since 2020 MSC remains the largest buyer of secondhand boxships and with its latest purchases has acquired at least 25 boxships since...
Hormuz crisis defers LNG oversupply for now, but may deepen it soon The Qatari shortfall is tightening supply for now, but the ensuing diversification threatens to make the glut worse in the...
Cargoship declared total loss after unclaimed strikes off Yemen's Al Mukha UKMTO said the unmanned vessel was struck 40 nm off the Yemeni port of Al Mukha amid escalating tensions in...
Daily Briefing Tankers become strategic assets as Gulf risk drives a lasting split in the market | Yet again, crude tanker rates...
US chassis duties drive out Mexican supplier GG Trailers' move to exit the US market follows the International Trade Commission's June decision to impose a 77% countervailing duty on chassis imported through Mexico.
Maersk sells 25% stake in Rotterdam terminal to Hapag-Lloyd The ocean carriers said Rotterdam's heavily automated Maasvlakte II terminal is a key hub for their Gemini Cooperation partnership.
Zim expects strong H2 after locking in second-quarter gains High rates and strong demand, particularly on the trans-Pacific, are expected to continue through the second half of 2026, the Israeli carrier says, as opposition grows to its takeover by Hapag-Lloyd.
Worst El Nino ever: Clarksons Securities upgrades stocks and lifts estimates ahead of Panama Canal crunch VLGCs could benefit the most from capacity constraints in another waterway
VLCC rates leap to highest level since March as Angelicoussis scores $25m US fixture Onassis Group tanker also earns strong rate for West Africa cargo
Diana and Genco takeover drama awaits next $168m act The battle for the New York-listed bulker owner may be over, but you can bet there will be more popcorn moments to come
Tanker shipments from Argentina hit record level with more to come Broker BRS says new VLCC terminal due to start operations early next year
Strait of Hormuz to stay closed through 2026, predicts Flex LNG CEO CEO says fourth-quarter spot market should automatically find its way back to 'where it should be'
Sinokor tipped to add VLCC to the world's largest oil tanker fleet South Korean giant may have saved millions versus current prices
Bulker boss AJ Rahman: 'I'm done with shipping' New York operating company has shut down, and its founder is not planning a comeback
Sinokor tipped to add VLCC to the world's largest oil tanker fleet South Korean giant may have saved millions versus current prices
Hapag-Lloyd buys into Maersk's flagship European terminal German carrier secures capacity at a cornerstone Rotterdam hub used for the Gemini Cooperation.
Bulker boss AJ Rahman: 'I'm done with shipping' New York operating company has shut down, with its founder not planning a comeback
Is Middle East turmoil papering over the cracks for product tankers? Braemar says challenging fundamentals may be masked by disruption premiums
Shipping CEO released from custody in Malaysian anti-corruption probe Alam Maritim said Azmi bin Ahmad was on remand as part of investigation
Zim profit triples as booming transpacific market lifts bottom line New management confident that stronger trading conditions will continue in second half
Oslo tanker stocks gain as charterers rush to replace Middle East and Russian oil Frontline leads shipping stock rally in Oslo
Odfjell family bets $110m on new shipping and energy bond fund Norselab will manage new Nordic credit fund
Diana Shipping has $70m to cushion the impact of Genco disappointment Gains in share price alone made up 91% of Greek owner's net income in first quarter
Five hundred and counting: MSC's unprecedented ship-buying campaign rolls on Six years after launching 'unique' spree, owner continues to covet container tonnage
Burning Greek bulker abandoned as five Russian-trading ships attacked in Black Sea Assault on grain vessels marks new phase in campaign against shipping
Ship-breaking yard where nine workers were killed fined for not renewing environmental permit NGO Shipbreaking Platform warned H-Line and other owners against sending ships to South Asia for demolition
SITC profit climbs as freight rates and volumes strengthen Hong Kong-listed intra-Asia carrier continues fleet expansion programme after earnings rise
Sinokor VLCCs load in Gulf as Aramco restarts exports amid attacks Trio of big tankers have taken on Saudi crude at two terminals in recent days
Shipbreaking yard where nine workers were killed fined for not renewing environmental permit NGO Shipbreaking Platform warned H-Line and other owners against sending their ships to South Asia for demolition
Baltic Shipping adds two wind-assisted coasters that no clients want to pay for CEO sees growing demand for green vessels
Navigare hits back at criticism from watchdog over investment return claims Danish company says order to correct documents is baseless
Shipping CEO held in Malaysian anti-corruption probe Alam Maritim says Azmi bin Ahmad is on remand as part of investigation
Houthis hit ship in renewed Red Sea port barrage Extensive damage caused to vessel in Mokha
Himalaya Shipping CFO cashes in $1.6m shares after stock rally Vidar Hasund sells 100,000 shares following strong run for the stock
UAE halts trade with Iran after latest missiles aimed at its ships Government takes step following 'escalations that undermine peace and security'
Flex LNG cashes in on market disruption with two spot trading ships Company logs highest quarterly revenue in over four years and sees 'potential volatile market' ahead
Marco Polo Marine pushes ahead with shipyard spin-off as charter and repair revenues climb Sean Lee-led company depicts stable outlook for all its business segments
North American Rail Traffic JUMPS 4.9%! North American rail traffic saw a significant increase this week, with total volume climbing 4.9% year-over-year. This positive trend was largely fueled by robust carload and intermodal growth in Canada, bolstered by a strong crop year. However, motor vehicle and parts shipments were a surprising outlier, plunging 13%. We also delve into the latest on the proposed UP/NS merger, including the STB'
Beyond Tariffs: Geopolitics & Climate Reroute Global Freight Global supply chains are facing a "double whammy" of disruptions at critical choke points like the Red Sea and Strait of Hormuz. Oliver Sawbridge of Zero100 explains how these simultaneous crises are compounding challenges, leading to increased costs, extended transit times, and infrastructure strain. Learn why resilience must become the bedrock of supply chain planning to navigate these unpreced
Trucking's New Reality: Why Regulations Benefit the Industry The freight market is entering a potentially transformative "super cycle," according to industry analyst Lee Klaskow. After years of unsustainably low rates that forced many truckers out of business, structural changes and increased regulatory enforcement are creating a new landscape. We dive deep into the forces driving higher rates, the future of ocean freight, intermodal, and LTL, and discuss
Broker Insurance Frenzy: 3-Digit Cost Hikes Ahead Freight broker insurance is in a frenzy, and premium hikes are getting ugly. Thom Albrecht helps break down how the CH Robinson verdict, underwriting pullback and cargo theft are driving double-digit to triple-digit cost increases for brokers. He also explains what's changing in excess liability, why some underwriters are exiting the market, and what carriers and brokers should watch into peak se
Rail freight puts the pedal to the metal(s) in latest data Shipments on U.S. railroads were boosted by higher output by steelmakers in the latest week's data from the Association of American Railroads. U.S. rail traffic for the week ending August 15 increased to 525,099 carloads and intermodal units, better by 2.4% from the same week a year ago. Commodity freight came to 233,261 carloads, up 1.9%, while intermodal volume of 291,838 containers and trailer
Home Depot offers nationwide express delivery from local stores The Home Depot on Tuesday announced the nationwide rollout of express delivery, expanding the service by using more than 2,300 stores as local fulfillment centers for both professional contractors and do-it-yourself customers. Express delivery previously was available in some markets. The home improvement retailer said nearly every item in its stories is available for delivery in three hours or l
1989 to Now: Thom Albrecht on Freight's Strange Cycle Freight market outlook: Thom Albrecht says this is the most fascinating supply cycle he's seen in his career. The Reliance Partners CRO breaks down why demand improved in June and July, why supply still drives the market, and what rail, chemicals, scrap and grain are signaling for trucking. If you're trying to read where freight goes next, this is the operator-level takeaway. #FreightMarket #Truc
Trump hits pause on 50% Canada tariffs, extends trade talks President Donald Trump delayed planned 50% tariffs on nearly $20 billion worth of Canadian imports for three days after U.S. and Canadian negotiators reached what both sides described as a breakthrough. The 50% U.S. tariffs on Canadian goods were scheduled to go into effect at 12:01 a.m. ET on Wednesday. Trump announced late Tuesday that the tariffs would be paused while negotiators finalize docu
Liners and Red Sea: Damn the Houthis, full speed ahead! Container spot rates are splitting in two directions, but that's most of the good news in ocean shipping. Trans-Pacific lanes are climbing as Asia-U.S. West Coast prices jumped 9% to $7,422 per forty foot equivalent unit (FEU) in the most recent data from SONAR contributor Freightos (NASDAQ: CRGO), while Asia-U.S. East Coast prices rose 3% to a new high of $9,422 per FEU. Asia-Europe lanes, by co
FR8 Solutions settles RICO case over alleged $7,000 trucking rate gap FR8 Solutions and 22 independent drivers have reached a settlement in a federal civil RICO lawsuit. The drivers accused the company of altering rate sheets and hiding revenue from hauled loads. On July 28, a Florida court dismissed the case with prejudice. The court filings do not disclose the settlement's financial terms. Plaintiffs and defendants filed a joint notice of settlement on July 27. T
Amazon drone delivery expansion targets 500 cities by year's end In April, Amazon CEO Andy Jassy said the company's Prime Air service would be able to deliver a wide range of products by drone to 30 million people in various U.S. communities by the end of the year. That promise is starting to bear fruit. On Wednesday, the retail and logistics behemoth said autonomous drone delivery in as little as 30 minutes would be available in nearly 500 communities by the
Regulators set schedule for review of UP-NS merger The Surface Transportation Board today adopted a schedule for review of the Union Pacific-Norfolk Southern revised merger filing, removing a hold it placed on the proceeding in May. But the board's decision did not address the merits of the application or any of the comments filed since UP (NYSE: UNP ) and NS (NYSE: NSC ) submitted their 412-page supplemental filing on July 27. The review schedul
Freight Distress Report: More than 7,000 jobs cut in new wave of closures Layoffs and facility closures are mounting across U.S. freight, distribution and manufacturing networks, with more than 7,000 jobs affected by recently announced workforce reductions involving companies ranging from Tyson Foods and FedEx to Ryder, CJ Logistics America and Daimler Truck. The largest reduction comes from Tyson Foods, which is reportedly eliminating more than 3,000 jobs as it closes
EXCLUSIVE: Americold's Port Saint John bet stitching DP World and CPKC into one cold chain Americold isn't an ocean carrier, a port operator or a railroad. But it is leveraging partnerships with those entities to build a North American network. That's the thesis behind the Atlanta-based company's newest facility, a roughly US$80 million import-export hub that formally opened in June at one of the fastest-growing container gateways on the Atlantic seaboard. The Port Saint John project i
167 Logistics and Transportation Companies Made the 2026 Inc. 5000. Here Are the Freight Names Worth Knowing Every year, Inc. magazine publishes its Inc. 5000, a ranking of the fastest-growing private companies in America based on three-year revenue growth, and every year it doubles as a snapshot of where the money and momentum are moving. For 2026, the logistics and transportation category landed 167 companies on the list, and the collective numbers are worth pausing on: a 114% median growth rate acros
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