Mines add to escalating threat environment in Strait of Hormuz In its latest daily update on the situation in and around the Strait of Hormuz, where multiple vessels remain trapped, Windward Ai reports that maritime activity remains constrained -and the threat environment
DCA: FY2025 another strong year for U.S. dredging The Dredging Contractors of America (DCA) reports that FY 2025 was another strong year for the U.S. dredging industry, with $1.8 billion in federal dredging awards executed by the American-owned, American-crewed and
Op-Ed: Singapore Cruise Centre reimagines passenger operations with real-time data Attributed to Lee Siew Kit, Vice President of Technology & IT, Singapore Cruise Centre Singapore Cruise Centre is nearing the final phase of a five-year digital transformation aimed at improving passenger flow
PPG launches new PPG InsightsNav for seastock coatings Pittsburgh-headquartered PPG (NYSE: PPG) has launched PPG InsightsNav, an analytics platform designed to help shipowners and operators analyze and optimize purchasing data on the seastock coatings used to protect sea chests and
Op-Ed: Biofuels move from theory to practice at sea By Siddhesh Prabhu, Surveyor, IRClass For many shipowners, the conversation around decarbonization is no longer about long-term ambition alone. It is increasingly about what can be done now, within existing operational and
NTSB: Pilot's orders to tugs led to tanker Platanos's costly contact with a California pier The National Transportation Safety Board has released its report on an incident involving the 820-foot long, Bahamas-flagged tanker Platanos. At about 4.12 a.m. local time on Oct. 24, 2024, as a pilot
K Line ships first train cars for Cairo Metro Line 4 Kawasaki Kisen Kaisha ("K" LINE) has completed the first shipment of train cars for Cairo Metro Line 4. Eight cars were loaded onto the car carrier Iguazu Highway at the Port of Kobe. The vessel departed on 12 March 2026 and is bound for the Port of Alexandria . The project involves Mitsubishi Corporation and The Kinki Sharyo Co., Ltd. , which are supplying the train cars to Egypt's Ministry of
Toll Group agrees sale and leaseback of Singapore logistics facility Toll Group has entered into a sale and leaseback agreement for its logistics facility at 25 Loyang Crescent in Singapore, with the property to be acquired by CapitaLand Ascendas REIT or its designated nominee. The transaction is expected to complete in the third quarter of 2026, subject to customary conditions. Under the terms of the agreement, Toll will enter into a 12-year triple-net lease on t
CN Index climbs further as systemic pressure intensifies in container shipping The CN Index rose again this week, reaching 654 , signaling that global container shipping remains deep in the Very High Pressure range. The latest increase reflects a combination of strengthening freight rates across multiple trade lanes and sustained geopolitical disruption affecting key maritime corridors. Broad-Based Freight Strength Across Global Routes Freight markets continued to firm acro
Port conditions diverged sharply across regions and seasons in 2025 A new report by VesselBot reveals increasing fragmentation in global port performance, with significant variations emerging across regions, vessel sizes and seasonal patterns. The report, titled "Port Performance in 2025: Shifting Trends Across Vessel Sizes and Regions," is based on data from 660 container terminals and 6,393 container vessels worldwide. According to the findings, vessels spent a
DNV launches AI-powered RuleAgent tool DNV has introduced RuleAgent, an artificial intelligence tool designed to help maritime professionals navigate the organisation's rules and standards more efficiently. The tool allows users to pose questions in natural language and receive targeted results drawn directly from DNV's official regulatory database, addressing the practical challenge of searching across more than 30,000 pages of rules
Why the dual-chokepoint condition is multiplicatively worse? With the Red Sea still dangerous to container traffic and the Strait of Hormuz now under IRGC enforcement, there is no chokepoint redundancy
Port of San Diego scales up habitat-friendly shoreline programme The Port of San Diego is expanding its habitat-friendly shoreline initiative following the demonstrated success of a pilot project at Harbor Island, awarding a US$ 2.9 million construction contract to Power Engineering Construction for two new installations across San Diego Bay. The contract was approved at the Board of Port Commissioners meeting on March 10, 2026. The two projects will be locate
Port of Rotterdam ensured loan for shore power infrastructure The European Investment Bank has agreed to lend EUR€90 million to the Port of Rotterdam Authority to finance the installation of shore power facilities at three deep-sea container terminals. The funding will support Rotterdam Shore Power, a joint venture between the Port of Rotterdam Authority and Eneco established to deliver the infrastructure programme. The project encompasses shore power insta
K LINE completes autonomous vessel trials for HOKUREN MARU No.2 Kawasaki Kisen Kaisha ("K" LINE) has completed demonstration tests of autonomous navigation for the domestic RORO vessel HOKUREN MARU No.2, marking a significant milestone in Japan's push toward autonomous shipping. The initiative forms part of the MEGURI2040 Fully Autonomous Ship Project, led by the Nippon Foundation, which aims to develop autonomous vessels and enhance the stability and safety
Yang Ming to launch China-Singapore-Malaysia service Yang Ming Marine Transport Corporation will further expand its Intra-Asia network with the launch of the China-Singapore-Malaysia (CSM) service, scheduled to commence on 3 April 2026. The new service will be operated using three vessels of approximately 2,800 TEU capacity, offering a fixed weekly schedule with a 21-day round-trip rotation. The port rotation for the CSM service will be Xiamen, Kao
ONE invests in Busan terminal through partnership with Dongwon Group Ocean Network Express (ONE) has entered into a long-term strategic partnership with Dongwon Group, acquiring an indirect stake in Dongwon Global Terminal Busan (DGT) to strengthen its presence in South Korea. DGT is the country's first fully automated container terminal, utilizing Automated Guided Vehicle (AGV) technology to enhance operational efficiency. Once fully developed, the terminal will
Explainer: Why the Strait may never fully reopen? A diplomatic pause, a selective Iranian transit doctrine, and a stark industry warning converge to suggest the world's most consequential chokepoint is not temporarily disrupted it is being permanently transformed
RIKON delivers final A-RMG cranes to Madrid Intermodal Terminal JSC RIKON has completed the delivery of its A-RMG crane fleet to the Madrid-Vicálvaro Intermodal Terminal. The company shipped the second and third automated rail-mounted gantry cranes, marking the final stage of deliveries for ADIF . All units have now arrived on site as of March 2026. With the latest delivery, the terminal's core automated handling fleet is complete. The cranes are identical t
ABP secures offshore wind construction from Port of Lowestoft Associated British Ports has signed a commercial agreement with RWE and Clarksons Port Services designating the Port of Lowestoft as the construction support base for the Vanguard West and East offshore wind farms in the Southern North Sea. The agreement confirms the Lowestoft Eastern Energy Facility as the operational hub for the programme and reinforces the port's strategic role in East Anglia'
Q ENERGY acquires stake in Pennavel floating wind project Q ENERGY has acquired a stake in Pennavel , strengthening the development of a floating offshore wind farm off southern Brittany, France. The move reinforces the existing consortium, which includes Elicio France and BayWa r.e. France. The partners aim to advance a large-scale project with strong economic, industrial and environmental impact. Pennavel said the new shareholder enhances its technic
Celsius linked to fresh LNG carrier order at Samsung Heavy Celsius Tankers, part of Denmark's Celsius Shipping, has been linked to a fresh LNG carrier order at Samsung Heavy Industries, as the owner continues to build out its gas shipping business. The South Korean yard confirmed the contract in a regulatory filing earlier, noting the value at around KRW 770bn ($514m) and identifying the counterparty ...
Etermar Energia begins work on concrete floating wind platform Etermar Energia has started construction on the first small-scale BayFloat prototype, BayWa r.e.'s reinforced concrete semi-submersible floating offshore wind platform, under Portugal's Recovery and Resilience Program. Work launched early March at Etermar's Port of Setubal facilities, with completion targeted for July 2026. BayWa r.e. has already supplied a reduced-scale design of its 22MW BayFlo
Zhejiang Shipping Group expands capesize fleet with second acquisition Zhejiang Shipping Group is pushing further into the capesize segment, with broker sources telling Splash that the Chinese owner has acquired a second large bulker under Zhejiang Shipping Singapore, its wholly owned subsidiary. Earlier this year, the company made headlines with its first newcastlemax bulk carrier, the 2019-built, 210,000 dwt ZH Dampier. Now, broker sources ...
Sea Cargo Charter leaders warn against decarbonisation slowdown Shipping companies risk falling behind on decarbonisation if they scale back efforts amid regulatory uncertainty, according to the leaders of the Sea Cargo Charter. In a joint statement, Engebret Dahm, chair of the Sea Cargo Charter and CEO of Klaveness Combination Carriers, and Christian Bonfils, vice chair and CEO and founder of Copenhagen Commercial Platform, ...
2000-built VLCC sold for further trading Sources say the Hitachi-built VLCC, Kin A, a 298,000 dwt tanker now 26 years old, has been sold to undisclosed interests and renamed Helga. The vessel, flagged in Comoros, is no longer classed by any member of the International Association of Classification Societies (IACS). According to VesselValue, its class with Bureau Veritas has been withdrawn. ...
Conflicting Hormuz claims leave shipping in limbo and markets swinging Confusion reigns supreme on day 25 of the Hormuz shipping crisis, with president Donald Trump yesterday stating that the US and Iran are in "very good and productive conversations regarding a complete and total resolution" to the war in the Middle East, and that the US will pause all military strikes against Iranian energy assets ...
SBM Offshore secures sixth Guyana FPSO award from ExxonMobil Dutch floater expert SBM Offshore has been awarded contracts by supermajor ExxonMobil to perform FEED studies for an FPSO for the Longtail development project in Guyana. The FEED contracts award triggers the initial release of funds by ExxonMobil to begin FEED activities and allocate a Fast4Ward hull for the Longtail development project. SBM Offshore will ...
Russia builds LNG dark fleet Russia is expanding its dark fleet beyond oil tankers into liquefied natural gas, with three 20-year-old LNG carriers recently sold to a newly formed company in Turkey and two subsequently reflagged to Sierra Leone - a registry that has become a flagging hub of choice for sanctioned Russian-linked tonnage, according to maritime intelligence firm Windward. ...
New footage exposes conditions on livestock ship stuck for weeks Fresh footage has emerged from the livestock carrier Spiridon II, shedding new light on conditions onboard after the vessel spent weeks stranded off Turkey with thousands of cattle. The 1973-built ship transported close to 3,000 animals from Uruguay in late 2025 on a voyage initially bound for Turkey. The journey lasted around four weeks, during ...
Chaucer and Ceto join forces at Lloyd's Marine insurance is taking a significant step toward data-driven underwriting with the launch of a new Lloyd's-backed managing general agent (MGA) by Chaucer and maritime technology firm Ceto, replacing decades of reliance on static historical data with live vessel machinery and performance intelligence. The MGA will operate as a Lloyd's Coverholder, with underwriting capacity provided ...
TotalEnergies exits US offshore wind in $928m Trump deal French energy major TotalEnergies has accepted the Trump administration's $928m offer to relinquish two offshore wind leases awarded during the previous administration. This means the company would be effectively reimbursed for its winning bids for the Attentive Energy project in the New York Bight and the Carolina Long Bay project off North Carolina, both of ...
Acquisitive Sinokor turns its attention to the suezmax segment Having cornered the VLCC markets with the financial aid of Giuanluigi Aponte's Mediterranean Shipping Co (MSC), Ga-Hyun Chung-led Sinokor is now turning its attention to the suexmax segment. Greek broker Xclusiv is reporting Sinokor has shelled out around $82m per unit for the three 10-year-old Korean-built suezmaxes, the first in what brokers believe will be ...
Borr Drilling pens deal to buy five jackup rigs Borr Drilling has entered into definitive agreements to acquire five premium jackup rigs from Paratus Energy subsidiary Fontis Finance for a purchase price of $287m. The acquisition will be completed through BC Ventures Limited, a newly established 50/50 joint venture between the subsidiaries of Borr Drilling and Proyectos Globales de Energía y Servicios CME, its ...
ONE buys into Busan terminal owned by HMM suitor Japanese containerline Ocean Network Express (ONE) has completed a long-term partnership agreement with Dongwon Group by acquiring an indirect share in Dongwon Global Terminal Busan (DGT). The partnership comes at a time when Dongwon, South Korea's largest fishing company, has repeatedly been tipped to be in the running to mount a takeover bid for HMM, ...
Hormuz, the maritime risk premium, and fear Rafael Muñoz Abad, a maritime analyst at the CISDE International Campus, writes for Splash today. In 1686, a certain Edward Lloyd-whom I imagine with a white beard and a navy wool coat with curved bone buttons-ran a coffeehouse on Tower Street, London, when he came up with the brilliant idea of publishing the status of ...
War with Iran drives big swings in shipping stock prices Shipping shares surged before the war with Iran, fell after hostilities ensued, and rebounded on hopes for diplomacy. If the...
Heidmar grows fleet but posts loss US-listed commercial manager and pool operator is positive on the future as newbuilds swell the fleet
Diana files challenge to unseat Genco board As expected, Greece-based bulker owner makes proxy appeal to Genco shareholders after having improved offer rebuffed
WTW warns on Hormuz-Bab el Mandeb simultaneous closure nightmare War risk underwriters expecting higher premiums still
Second ADNOC tanker transits Strait of Hormuz as efforts to open the chokepoint continue Product tanker Abu Dhabi III arrived at Vadinar on March 23 after it made the transit through the beleaguered chokepoint...
Middle East port update: Tuesday, March 24 Traffic through the Strait of Hormuz continues to be severely disrupted and conditions may change at short notice
MSC-Sinokor partnership appears to target suezmax sector as secondhand VLCC handovers accelerate A move into suezmax tankers would intensify a big buying spree since December, during which the MSC and Sinokor collaboration...
Tanker markets greet Trump's Iran peace claims with hope and scepticism The tanker stocks are trading the prospect of peace, but concerns remain that disruption in the Middle East Gulf is...
German Shipowners' Association calls for maritime national service Should national service be reinstated in Germany, the Verband Deutscher Reeder wants service on commercial vessels to be included
Gard books underwriting deficit Bumper investment returns wipe out loss on core activities
Singapore fuel oil prices retreat as MGO rises amid SOH disruption Fuel oil availability has improved for the time being, but it remains to be seen if corrections will continue. Trading...
WinGD study exposes cracks in the green LNG story The high cost of its green versions means the LNG decarbonisation 'bridge' could have fossil fuels entrenched on both sides
The Daily View: Shipping paralysed with no endgame in sight
Daily Briefing Chinese boxship pays Iran for Hormuz passage | 'Zombie' tankers take Tehran Toll Booth route as more vessels make detour...
War hands railroads the 'gift' of higher diesel prices The Iran-driven fuel spike has created the widest intermodal cost advantage in years, but capturing it - and keeping it - requires something railroads have rarely practiced: orchestrated intermodal, writes Paul Tonsager.
UP adjusts intermodal pricing to win back volume as truckload rates climb Union Pacific for the second time in five weeks is resetting freight-all-kinds rates on key lanes for rail-owned boxes used by intermodal marketing companies.
US Gulf breakbulk ports lean into project boom Houston and New Orleans are coming off a year of growth for project cargo volumes, albeit with a drop in steel imports, and both ports anticipate a continuation of those trends.
ONE takes stake in Busan's Dongwon terminal ahead of Premier network shift The carrier alliance will shake up its Asia-Europe network in April with Busan becoming the focus of its North Asia trade and direct calls ending to ports in Japan and Taiwan.
Iran tells IMO that Hormuz is open - but not to the US, Israel and allies Claim comes as Trump says war is won in the Middle East
Risk of charter disputes rises as Strait of Hormuz disruption drags on Lawyers warn of caution before turning to arbitrators or courts, but some fights have already started
Bill to block vessels that call at ports seized from US companies moves forward The Defending American Property Abroad Act comes in response to Mexico's seizure of port facilities
Tug moves in to protect Libyan offshore platforms from drifting Russian LNG carrier Damaged Russian shadow ship raises concerns in Libya, prompting calls for an investigation into the attack
Delta Tankers cashes in as VLCC focus flips to Atlantic basin Atlantic basin fixtures nearing pre-war Middle East Gulf levels, Clarksons says
Harry Vafias fixes out capesize bulker trio at highest rate seen for a decade Two-year deal with undisclosed charterer said to be priced at well over $30,000 per day
Mining major switches to day rate for iron ore voyage to manage fuel price risk TradeWinds has learned that at least one fixture has already ditched voyage rates in favour of time-charter basis
Ifchor Galbraiths says chemical tanker shipbroking is being reshaped Swiss-UK shop believes tighter ship supply and rising feedstock flows are pushing shops into more strategic roles
Harry Vafias fixes out capesize bulker trio at the highest rate seen for a decade Deal with undisclosed charterer said to be priced at well over $30,000 per day
Hapag-Lloyd taps into India shipping boom with new government deal With plans to reflag ships and support a 100-vessel recycling ecosystem, German carrier joins a wave of lines betting on India
Nato membership boosts Swedish shipping lender Loan book stood at $1bn at end of 2025
Why shipowner buy-in is the greatest struggle for cleantech entrepreneurs Having battled to bring ballast water tech into shipping, Giles Candy is on a mission with economic air lubrication
German shipowners fear war without covering nation's strategic blind spot Without trained civilians ready to go to sea, Germany risks being caught unprepared in a future conflict, shipowners warn
Why shipowner buy-in is the greatest struggle for clean-tech entrepreneurs Having battled to bring ballast water tech into shipping, Giles Candy is on a mission with economic air lubrication
Chinese shipowner emerges with trio of LPG newbuildings Order for third 25,000-cbm LPG/ammonia carriers revealed
Suezmax and aframax tanker supply at 'tightest ever' in US Gulf as Asian refiners scour the world Braemar also notes the furthest-forward spot fixing ever seen
Agmentum seeks new cash after taking over shipping fund in Norway Shipping company shares should be part of investors' portfolios, Oslo operation says
Shipowner Ciner books six bulkers to extend $1bn newbuilding spree Bulker powerhouse has ordered up to 40 ships in four years
Private Evangelos Pistiolis company sells last of 10 newbuildings to Nasdaq-listed spin-off Rubico takes final product tanker of series being built in China
Saudi Arabia rewrites the rules for ships trapped by the Gulf conflict Transport authority cites 'current circumstances' for measures that will last at least 30 days
Private Evangelos Pistiolis company sells last of 10 newbuildings to Nasdaq-listed spinoff Nasdaq-listed spin-off takes tenth ship in series being built at Guangzhou Shipyard International
Maersk battles activist investors over alleged role in Israeli 'military supply chains' Danish liner giant is facing more protests ahead of its annual general meeting on Wednesday
Greek shipowner Victor Restis deepens suezmax tanker bet with fresh order Golden Energy returns to DH Shipbuilding
Retrofitting fleet can only do so much heavy green lifting, WFW expert says Efficacy of energy-saving measures will tail off, Christian Finnern argues
Ship insurance enquiries up for Strait of Hormuz after Trump halts Iran energy attacks Traffic in the waterway remains limited despite US president's claim of major progress on a peace deal
Nordic American Tankers completes clear-out of oldest tonnage, brokers say Norwegian owner is said to have got $40m for 21-year-old suezmax
Shipping fund jumps from VLCC giants to gas heavyweight as Iran war flips script Agmentum Maritime likes the look of BW LPG and Flex LNG
ONE acquires stake in South Korean terminal owned by Dongwon Japanese carrier forges strategic partnership with subsidiary of HMM bidder
Bimco brings in veteran shipping lawyer to help shape autonomous contracts General counsel brings practical shipping experience to new AI project
Strait of Hormuz insurance enquiries up after Trump halts Iran energy attacks Traffic in the waterway remains limited despite US president's claim of major progress on a peace deal
Shipbrokers fear 'inevitable' product tanker lay-ups as Iran war sees cargoes vanish Market players are less optimistic over sector's prospects than for their bigger crude sisters
Cleaves seeks new cash for relaunched shipping fund in Norway Shipping company shares should be part of investors' portfolios, investment bank says
Protect our trapped Gulf ships, pleads South Korea to Iran Twenty ships with more than 100 crew stuck in the region
Blaze-hit Hong Kong dockyard sparks maintenance shutdown Fire on patrol vessel prompts full review after earlier explosion
Diana Shipping scores higher charter rate for kamsarmax with NYK Contract continues a run of charters at higher rates for the New York-listed company
Gulf Energy Maritime orders six tankers in $312m splash The Dubai-based company has commissioned HD Hyundai Heavy Industries to build the series of 50,000-dwt product carriers
Bahrain proposes using 'all necessary means' to protect shipping in Strait of Hormuz Draft resolution is still subject to approval by UN Security Council
Volumes rise at intermodal hub Lianyungang port as profit declines China's 'Belt and Road' gateway grows cargo throughput but earnings weaken
Fatal line-handling incident highlights hidden risks at departure Investigation highlights risk misjudgement and gaps in safety procedures
How the Strait of Hormuz standoff is driving demand for offshore service vessels Purus chief executive for offshore engineering Tom Nevin tells TradeWinds why demand for the company's CSOV fleet shows no sign of slowing
China Merchants unit inks order for three chemical tanker newbuildings at group yard Nanjing Yangyang has returned to CMI (Yangzhou) for more new vessels
FedEx to compete in same-day delivery with Amazon, Walmart and UPS FedEx Corp. is retrenching from carrying out last-mile delivery for e-commerce sellers because the economics don't add up for a company built on global, end-to-end logistics, but that doesn't mean it wants to cede all the ground to independent couriers and retailers. On Tuesday, the company announced it will provide merchants with same-day, local delivery from stories, but outsource the house cal
Hub Group gets Nasdaq notice for financial filing delay Hub Group announced Tuesday that it received a deficiency notice from Nasdaq due to a delay in filing its full-year 2025 financial results, a development the company stated was anticipated. It announced in early February that it planned to restate results for the first three quarters of the year after uncovering a $77 million understatement of purchased transportation expenses. Hub Group ( NASDAQ
California ports ask state for $1B for infrastructure in FY2027 Port of Los Angeles-Long Beach executives joined politicians, longshore labor and other stakeholders to call on the state to include $1 billion in fiscal 2027 as part of a coordinated investment strategy across California's 11 deepwater ports. The group emphasized global suppliers' need for predictable and sustained investments March 20 at a media briefing overlooking Los Angeles Harbor, the busi
Airlines Were Always the Answer, and One Platform Is Proving It Cross-border e-commerce has too many complexities that impact speed and price, but there is a solution. Global online retail is on track to surpass $8 trillion in 2026, and cross-border transactions are growing at nearly twice the rate of domestic e-commerce. Nearly 60% of global shoppers now purchase from retailers outside their home country. Yet despite the sophistication of modern digital stor
Headcount falls at C.H. Robinson as automation, AI reshape brokerage C.H. Robinson confirmed it recently offered voluntary buyouts to a limited group of employees as part of an ongoing effort to streamline operations and improve efficiency. The company did not disclose how many employees were offered buyouts or how many accepted. According to a person familiar with the matter, about 160 employees were reportedly offered voluntary buyouts and roughly 26 accepted th
Vena says UP, NS have capacity to handle merger-related growth Union Pacific has enough capacity to handle projected merger-related traffic growth thanks in part to the 24% reduction in active trains on the network since it fully adopted Precision Scheduled Railroading in 2019, Chief Executive Jim Vena told an investor conference last week. UP (NYSE: UNP ) and Norfolk Southern (NYSE: NSC ) have said that their merger should produce an 11% surge in volume, in
Texas carrier sued by Mexican truckers over pay, visa misclassification Two truck drivers have filed a federal lawsuit against Texas-based Fabian Morales Trucking LLC, alleging the company failed to pay overtime wages and misrepresented their job duties to obtain agricultural guestworker visas. Juan Carlos Renteria-Briones and Erik de Jesus Iniguez Fernandez, who are both Mexican citizens, filed the lawsuit in the U.S. District Court for the Northern District of Texa
Big drop in diesel futures Monday, but benchmark price rises again Although diesel futures prices took an enormous plunge Monday, the price at the pump has continued its upward rise. The decline Monday of more than 55 cents/gallon was historic. While a full history was not available to FreightWaves, the decline in ultra low sulfur diesel on the CME commodity exchange of more than 55 cts/g appears to be the largest one-day decline in the history of the contract,
FMC rejects carrier request for shorter notice on ocean rate hikes The Federal Maritime Commission has rejected a request by ocean carriers to shorten the notice period for rate hikes. The Shipping Act and commission regulations requires 30 days' notice before an increase in rates and charges become effective. Carriers can request that the commission shorten this time period, but Chairman Laura DiBella in a written decision said that the liners had failed to dem
World's largest freighter aircraft lessor names new president Air Transport Services Group on Monday named Andy Lawrence as president of Cargo Aircraft Management, the company's freighter aircraft leasing business. He takes over from Todd France, who was dual-hatted as CAM's president and chief commercial officer of ATSG. Lawrence has more than 30 years experience in global aircraft and engine finance, leasing, trading, and commercial strategy. He most rece
New data puts a number on the insurance-safety gap in trucking No federal or state law requires an insurance company to evaluate a motor carrier's safety fitness before binding a commercial trucking policy. Every for-hire interstate carrier must carry minimum liability coverage to operate, but the process by which that coverage is obtained varies enormously, from rigorous actuarial underwriting with safety audits and ongoing loss control monitoring to instan
Samsara introduces 2026 North America Customer Advisory Board Samsara Inc. ( NYSE: IOT ) announced its 2026 North America Customer Advisory Board on Tuesday as the company prepares for its annual Beyond conference. The board includes executives from nearly 50 organizations spanning transportation, logistics, energy and food distribution. One goal is to guide the next generation of AI-powered safety and operational tools. Members include leaders from major c
FMC's DiBella: Ports are key to U.S. economic security and stability WASHINGTON - The United States has a rare opportunity to revitalize its shipping industry and strengthen the port foundations for freight movement and economic security. Calling it "a very critical moment", new Federal Maritime Commission Chair Laura DiBella told a ports conference that the Trump administration is making "the strongest push in decades to support the industry." DiBella was Florida
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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