Judge rules Vineyard Wind can resume activities The U.S. District Court for the District of Massachusetts today issued a decision to allow Vineyard Wind to resume full activities in its lease area on the Outer Continental Shelf. This means
Resolve Marine opens new Tokyo office Fort Lauderdale, Fla.- headquartered Resolve Marine has opened a new office in Tokyo, Japan. The Tokyo office serves as a primary hub for the Japanese market, providing shipowners, operators, and marine insurers
Fincantieri launches advanced hydro-oceanographic vessel Quirinale The Italian Navy's new major hydro-oceanographic ship (N.I.O.M.-Nave Idro-Oceanografica Maggiore), Quirinale, was launched in a ceremony today at Fincantieri's Riva Trigoso shipyard in the Genoa region. Designed for scientific mapping and monitoring
Daniel Marks named VP contracts and pricing at Ingalls HII (NYSE: HII) reports that Daniel Marks has been appointed vice president of contracts and pricing at its Ingalls Shipbuilding division. He succeeds Stephen Fitts, who has been appointed vice president of
Shipyard RFP out for Tustumena replacement ferry The Alaska Department of Transportation & Public Facilities (Alaska DOT&PF) has released a Request for Proposal (RFP) for the construction of a replacement vessel for the Alaska Marine Highway System ferry M/V
Plaquemines Port announces resignation of executive director The Louisiana Gateway Port in Plaquemines Parish, La., announced the resignation of Executive Director Charles D. Tillotson, effective immediately. Tillotson, who has led the port through a period of historic infrastructure growth,
Skarv awards Wärtsilä its first ammonia engine newbuild order A cargo vessel on order at the Huanghai shipyard in China for Norway's Skarv Shipping Solutions will be the first newbuild to have a complete Wärtsilä 25 ammonia solution. In addition to
DCSA+ welcomes Contship as first terminal partner The Digital Container Shipping Association (DCSA) announced that Contship has joined DCSA+, becoming the programme's first terminal operator partner. Contship, a leading integrator of containerised logistics, combines intermodal transport with port terminal operations to link global supply chains. By joining DCSA+, the company aims to help develop common digital standards that reduce fragmented d
DACHSER breaks ground on major Stei�lingen expansion DACHSER is expanding its Hegau-Bodensee logistics center in Stei�lingen with a new warehouse building. The facility offers 8,950 square meters of logistics space and room for 22,000 pallets. The company is also expanding its existing transit terminals for industrial goods, consumer goods and food. The investment responds to demand from new and existing customers in industry and retail for additio
Wärtsilä to power Skarv's new cargo vessel with ammonia engine Wärtsilä will supply its Wärtsilä 25 Ammonia solution to a new cargo vessel for Norway-based Skarv Shipping Solutions. The vessel will be built at Huanghai Shipyard in China. It will be the first newbuild to use this ammonia-powered solution. The order was booked in Q4 2025. The four-stroke engine will significantly cut greenhouse gas emissions. It supports Skarv's goal to deliver low-carbon shor
BNSF to pour $3.6B into network upgrades this year BNSF Railway has announced a $3.6 billion capital investment plan for 2026. The Class I railroad says the spending demonstrates its commitment to operating a safe and reliable network prepared to handle anticipated customer needs. Katie Farmer, BNSF President and CEO, said the 2026 capital plan focuses on strengthening and modernizing the network. The company prioritizes investing for the future
Port of Los Angeles container throughput tops 10.2 Million TEUs in 2025 The Port of Los Angeles closed calendar year 2025 with total container throughput of 10,239,318.40 TEUs, reinforcing its position as the busiest port in the United States despite a modest year-over-year decline. Compared with 2024, when the Port handled 10,297,352 TEUs, overall volume in 2025 declined by 58,033.6 TEUs, representing a 0.56% decrease year over year. Even with that slight dip, throu
ABP and other players signed agreements to advance carbon shipping in the North Sea Associated British Ports, LBC Tank Terminals, North Sea Port, and the Port of Esbjerg have signed two significant Memoranda of Understanding to study the potential of Carbon Capture and Storage shipping corridors between Northern Europe and the UK, as well as sharing experience and understanding of this new but crucial energy transition area. The Memoranda of Understanding, one between ABP and LB
Hapag-Lloyd revises Benelux France Shuttle rotation Hapag-Lloyd has announced a revision to the port rotation of its Benelux France Shuttle (BFS) service, adding Wilhelmshaven to improve schedule reliability and overall service performance. Effective from 27 January 2026, the revised rotation will be: Rotterdam - Wilhelmshaven - Antwerp - Le Havre - Rotterdam. The first vessel to operate under the updated rotation will be Durande , voyage 605S, wi
Red Sea Shipping faces prolonged uncertainty as Houthi-Iran nexus collides with US military posture The fragile revival of Red Sea shipping traffic now confronts a dangerous reality: Houthi forces, though operationally degraded, retain sufficient capabilities to sustain mid-term disruption while leveraging their strategic alignment with Iran to amplify regional instability a dynamic that ensures maritime risks will persist regardless of incremental security improvements
How shipping is involved into a waiting game The global shipping industry projects an image of cautious restraint in early 2026 carefully monitoring Red Sea tensions, incrementally enforcing dark fleet regulations, making modest environmental progress
Peel Ports Group transforms bulk cargo operations with £4m digital partnership Peel Ports Group has launched a major digital transformation programme across its dry bulk terminals, backed by a £4 million investment and powered by CommTrac from TBA . The initiative is already gaining industry recognition and is redefining how bulk cargo is managed at some of the UK's busiest ports. A new standard for bulk operations The programme is being rolled out across key sites includin
DH Shipbuilding hits 27% margin in record Q4 performance DH Shipbuilding has posted strong profit growth for five consecutive quarters, setting a new profitability standard in the shipbuilding industry. The company announced preliminary consolidated results for 2025 on January 27. Total revenue reached KRW 1.2281 trillion with operating profit of KRW 294.1 billion. The annual operating margin hit approximately 24%, up 9.2 percentage points from 14.7% i
Hapag-Lloyd to raise ocean tariff rates from India and Pakistan to Europe Hapag-Lloyd has announced an increase in its ocean tariff base rates for dry containers moving from India and Pakistan to Europe and the Mediterranean, effective for sailings starting on 16 February 2026. The rate adjustment applies to cargo shipped from Nhava Sheva and Mundra in India, as well as Karachi and Port Qasim in Pakistan, to destinations in North Europe, the Mediterranean and the Black
Oman & DP World accelerate plans for Al-Rawdah Special Economic Zone Oman and DP World have reviewed progress on the development of the Al Rawdah Special Economic Zone and aligned on the next steps for Phase 1 implementation. Qais bin Mohammed Al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones, met with Sultan Ahmed bin Sulayem, Chairman and Chief Executive Officer of DP World, along with senior officials from both sides, at the
ONE revamps ST2 service and launches new AS1 and AS2 loops Ocean Network Express (ONE) has announced a revamp of its Spain Türkiye 2 (ST2) service alongside the launch of two new intra-Europe services, Aegean Spain 1 (AS1) and Alexandria Spain 2 (AS2), aimed at enhancing connectivity and service reliability across the Mediterranean. The updated network is designed to offer improved routing options and more consistent weekly coverage for cargo moving betw
Maersk revises PSS from Indian Subcontinent and Middle East A.P. Moller - Maersk has announced a revision to its Peak Season Surcharge (PSS) for cargo moving from the Indian Subcontinent and the Middle East to the United States and Canada West Coast. The revised surcharge will apply to shipments originating from the United Arab Emirates, Bangladesh, Bahrain, Bhutan, India, Iraq, Jordan, Kuwait, Sri Lanka, Maldives, Nepal, Oman, Pakistan, Qatar, Saudi Arab
Meriaura books new deck carrier in China Finnish shortsea specialist Meriaura has moved ahead with its fleet renewal, signing a shipbuilding contract for a new open deck carrier at Jiangsu Zhenjiang Shipyard in China. The 6,800 dwt vessel is due for delivery in early 2028 and will measure 120 m in length and be built to 1A ice class and DP2 notation, ...
Nortrans seals Equinor flotel extension Singapore-based Nortrans Offshore has secured a contract extension for its maintenance and support unit Temis, keeping the flotel on hire with Equinor at the Bacalhau FPSO project offshore Brazil. The 2015-built, 501-person unit was originally booked in late 2024. The firm contract covered five months from early 2025 and included an option for a further ...
Singapore's Wealth Holdings books up to eight MPPs with Norden charter cover Singapore-based Wealth Holdings is stepping into the multipurpose vessel space with a sizeable, charter-backed newbuilding programme, lining up to eight 17,400-dwt MPPs with Danish operator DS Norden providing time-charter cover. The deal covers four firm vessels with two plus two options, with Wealth Holdings Shipping acting as the ordering owner and capital provider. Commercial operation ...
Wan Hai tightens grip on Japan routes with Osaka terminal investment Taiwanese containerline Wan Hai Lines is moving deeper into Japanese port infrastructure with the acquisition of Terminal C9 at Osaka Port, spending about $87m to strengthen its core intra-Asia network. The Taipei-headquartered carrier said in a Taiwan Stock Exchange filing that its board approved the purchase last week. The deal covers the right-of-use asset for ...
Stena Bulk takes control of GSB tanker venture Swedish tanker owner Stena Bulk has moved to strengthen its position in the chemical and specialised tanker market after lifting its stake in Golden Stena Baycrest Tankers (GSB) to become the majority shareholder. The additional shares were acquired from Bay Crest, with the joint venture remaining jointly owned by Stena Bulk, Golden Agri and Bay ...
US shipping regulator digs into liners' chassis practices The US Federal Maritime Commission (FMC) has launched a new investigation into whether ocean common carriers are restricting truckers and shippers from choosing their own chassis providers - a move that could shake up how container boxes move off vessels at US ports. In a notice published Monday, the FMC said it's looking into practices ...
HMM takes delivery of 10,800-car record breaker For the third time in less than a year, Chinese shipbuilders have broken car carrier size records, with the latest delivery smashing through the 10,000 car equivalent unit (ceu) threshold for the first time. Built by Guangzhou Shipyard International (GSI), a subsidiary of China State Shipbuilding Corporation, HMM's new carrier can carry 10,800 vehicles, up ...
TGS bags more OBN work in Europe Oslo-listed seismic data specialist TGS has won an additional ocean bottom node (OBN) contract in Europe. The company's node-on-a-rope crew will mobilise in mid-summer, with the project expected to run for approximately 30 days. According to the company, the award is from a valued repeat customer. Under the contract, TGS will deliver high-quality 4D data ...
Stolt-Nielsen weighs sale of up to 50% of Avenir LNG Oslo-listed shipping and logistics group Stolt-Nielsen is weighing a partial sell-down of its small-scale LNG business Avenir LNG, just months after taking full control of the company. In a stock exchange filing, Stolt-Nielsen said its subsidiary Stolt-Nielsen Gas is in discussions with a strategic buyer over the potential sale of up to 50% of its ...
Eni secures loan for Mozambique's second FLNG project The African Development Bank has approved a $150m senior loan to support the development of Eni's Coral North FLNG project offshore Mozambique. Building on the success of Coral South FLNG, which became operational in 2022, the Coral North project will develop, construct, and operate an FLNG facility with an annual capacity of 3.6 mtpa, some ...
Nickel ore feared culprit again in K Line ultramax disaster Liquefaction of a nickel ore cargo is emerging as the leading suspected cause of the fatal capsize of the ultramax Devon Bay off the disputed Scarborough Shoal, in what appears to be the latest in a long line of deadly bulk carrier losses linked to the high-risk commodity. The 2013-built, 56,095 dwt Devon Bay, Singapore-flagged ...
Nam Cheong continues fleet reprofiling with $19.8m PSV disposal Malaysia-based offshore marine group Nam Cheong has sold one of its platform supply vessels to an undisclosed Indonesian customer. The company sold an 11-year-old PSV for $19.8m. The buyer bought the 3,000 dwt vessel for immediate deployment to support ongoing operations. The delivery is expected to be completed in the first quarter of 2026, and ...
Iran-linked ghost fleet fuels Myanmar's war from the shadows A shadow tanker network with suspected Iranian links has emerged as the key lifeline for Myanmar's air force, according to a new Amnesty International investigation that tracks what the authors describe as "ghost ships" delivering jet fuel used in deadly strikes on civilians. Amnesty's analysis of trade, AIS, satellite and port authority data shows at ...
Baltic and North Sea states call out Russian GNSS meddling and shadow fleet Coastal states around the Baltic and North Sea, joined by Iceland, have issued an open letter to the "international maritime community" warning that growing GNSS interference and AIS spoofing - explicitly attributed to Russia - are putting all ships in the region at risk and undermining core International Maritime Organization rules. Signed by Belgium, Denmark, ...
Shipping talks about fatigue but ignores the digital environments seafarers live in Josephine Le, founder of the social media platform The Hood, writes for Splash today about what shipping can learn from Australia's decision to restrict social media access for children. Australia's decision to restrict social media access for under-16s has been widely framed as a debate about parenting, screen time, and youth protection, but that framing ...
Golden Energy cashes in with second PSV sale Golden Energy Offshore Services has pushed through another platform supply vessel sale, continuing a clear effort to strengthen its balance sheet. The Norwegian owner said its subsidiary has struck a deal to sell the PSV Energy Partner for $27.25m, with completion expected in mid-February. The transaction is set to deliver a booked gain of about ...
US Gulf VLGC rates jump after winter storm passes and loadings resume The US-Asia arbitrage that supports VLGC demand has remained in place despite severe winter weather in America. US Gulf-Japan VLGC...
Batteries could move shipping further towards net zero than expected Batteries and biofuels will have a bigger role to play in decarbonising shipping than previously thought thanks to advances in...
Beijing's balancing act: energy security, trade and shipping carbon pricing Will China follow the EU's lead and introduce its own maritime carbon tax regime? The question is a lot more...
Put pressure on flag states to improve, says ICS boss A notable absence was Eswatini, which despite showing ambition to enter the maritime industry said no ships may fly its...
Pyxis frees up $10m to add to fleet expansion pot Nasdaq-listed tanker and bulker owner closes banking deals to increase cash
Steamship Mutual opens law office in Japan P&I club's board meeting in Tokyo and Imabari to discuss SSM activities in country
'Wide gulf' between crew incompetence and negligence, NorthStandard confirms Admiralty Court ruling highlights need for owner due diligence
Muted boxship chartering activity persists as Suez decisions cloud near-term outlook The return to the Suez Canal route remains the key variable, with a broader return likely to release capacity and...
The Daily View: Europe's call to arms
Shanghai bunkering climbs in 2025 as LNG leads alternative fuel shift This comes as the industry pivots back toward LNG as the leading alternative marine fuel amid growing regulatory uncertainty
Daily Briefing Newbuild identity theft is the latest deceptive shipping tactic | European states call for shadow fleet safety action | China...
New terminal planned for Long Beach designed to attract e-commerce business The Metro Express Terminal at Pier S will serve smaller, independent container lines on the trans-Pacific that carry e-commerce merchandise requiring rapid movement once onshore.
Labor action, congestion cost Antwerp-Bruges cargo volumes, market share in 2025 The port's CEO said Antwerp experienced about 25 days of industrial action last year that resulted in the loss of 2.4 million metric tons of cargo, equivalent to 1% of its annual throughput.
Revised Norfolk Southern merger application will be refiled in 'weeks': UP Union Pacific Railroad called the decision by federal regulators to rule its filing as "incomplete" a minor setback that won't significantly change the timeline for its hoped-for acquisition of NS.
Power, mining bullishness offset by tightening MPV ship supply "Lumpy" project cargo demand is expected to lead to overutilization of the global multipurpose vessel fleet, participants in a Journal of Commerce webinar were told.
Authorities searched far and wide for a missing seafarer. He was found in a surprising place Crewman from an Arne Blystad tanker was found onboard the vessel
Trump administration wisely backtracked on shipping taxes. Let's make that pause permanent Head of National Taxpayers Union's Free Trade Initiative says Maritime Action Plan should reject new taxes on shipping
Per von Appen: Relaxed style meets steady strategy at Ultranav Nearly two years into role leading Chilean shipowner and operator, the founder's grandson stays true to the company's DNA
Galveston LNG Bunker Port ties up with Tote on bunkering vessels Jones Act fleet in the making for US Gulf project with first charter scheduled for mid-2026
Kyklades aframax tanker lifts first crude cargo from repaired CPC mooring Pipeline company completes maintenance just as production from Kazakh crude to resume from fire-hit field
Capesize spot rates rise by 25% in a day, lifting Baltic Dry Index Average earnings have made the biggest daily jump since September 2021
Finland's Meriaura orders multi-fuel open-deck carrier in China Versatile vessel optimised for demanding ro-ro operations
Tankers International spreads its wings with new suezmax pool International Seaways becomes the sole owner of TI pooling company, taking on CMB.Tech's stake
Mercuria beefs up crew numbers after seafarer killed in tanker mooring accident Gibraltar probe finds pumpman was alone at the time of fatal incident
Tanker and gas carrier routes key as Syrian production tipped to recover this year Consultancy Wood Mackenzie says government forces have moved to reassert control over key energy assets
Stolt-Nielsen downgraded ahead of earnings as ABG sees 'accelerating fleet growth' Risk-reward is modestly skewed to downside, according to the bank
Dynacom lines up massive $1.4bn VLCC newbuilding order at Chinese yard Greek owner is poised to bump up his large tanker orderbook to almost 30 vessels
Rates for modern LNG carriers plunge below $20,000 per day Data provider Kpler forecasting 44 mt of new LNG supply growth in 2026
Norway's Norwest expands fleet in secondhand deal with French owner Company buys veteran ro-ro from Sogestran Group company
Trader Vitol 'sets new benchmark' in en-bloc sale of modern tankers Hyundai-built LR2s said to have fetched $84m each
Berge Bulks fits second ship with rotor sails Berge Neru becomes Singapore-based shipowner's third wind-assisted vessel
Wah Kwong secures supervision mandate for historic Chinese liner Century-old Shanghai Minsheng Shipping advances feeder container newbuilding plans
Shipbuilder Hanwha extends $110m backing as silicon gas producer runs short of cash South Korean group stretches short-term loan to Oslo-listed REC Silicon
Stena Bulk eyes growth after taking control of GSB Tankers joint venture Swedish owner becomes biggest shareholder in company operating nine chemical and specialised ships
Cosco Shipping inks two product tankers at Guangzhou Shipyard International The newbuilding price for the 50,000-dwt product tanker is around $52m
Wartsila scores first ammonia engine newbuilding sale to Skarv Shipping Four-stroke propulsion system to be fitted on cargo ship delivering in 2027
Bulker owner TTA sells out securities sale as it refinances earlier debt Bangkok company says it received strong backing for $32m issue
US-listed Pyxis Tankers clinches debt amendments to free up cash for growth Diversified tanker and bulker owner reiterates it has acquisitions on the radar amid 'reasonably healthy' markets
Insurance leaders gather for landmark debate on state of shipping Annual gathering chalks up notable anniversary as P&I clubs count the costs of major claims
Clarksons takes over project finance shipping firm after managing partners leave Project finance merges with Clarksons Securities
Clarksons says time to buy Okeanis stock as tanker rates beat rivals Greek owner viewed as a compelling bet in rising markets
Sanctioned tankers go dark to ship Iranian jet fuel to Myanmar military, probe finds Amnesty International shows how product tankers are delivering cargoes used in deadly air strikes on civilians
MSC orders four new boxships worth more than $200m in China The conventional marine-fuelled 5,000-teu newbuildings will be built at Yangzhou Guoyu Shipbuilding
Stolt-Nielsen in talks to sell half of Avenir LNG Stolt-Nielsen sees joint venture operating the LNG bunker vessel owner
Norden charters help European bulker owner pay off Chinese loan Two handysizes will remain fixed to Danish operator through 2026, Barska boss says
Chinese-owned MR tanker heads for recycling at near-market levels 30-year-old Quartz sold as maintenance costs bite, owner says
"The market spoke," says South African auctioneer as polar research vessel is sold for recycling It took Ariella Kuper two attempts to find a buyer for the S. A. Agulhas despite strong interest shown in the legendary ship
Philippines ferry disaster death toll rises to 18 as search continues Dozens of people are still unaccounted for after capsize
Gulf Marine Services buys first vessel in 10 years London-listed firm looks to pay out dividends worth 20% to 30% of net income in coming months
New Singapore-based shipowner splashes out $59m on mixed bag of ship types Condez Shipping has bought a bulker, product tanker and boxship within the past two months
China's Genesis Global orders chemical tankers in fleet expansion push Chinese company orders up to two 13,800-dwt chemical tankers at Haidong Shipyard
Gatik launches fully driverless commercial trucking operations Gatik announced on Tuesday that it has become the first company in North America to deploy fully driverless trucks in commercial operations at scale. The Mountain View, California-based autonomous trucking technology company now operates trucks with no human driver or safety observer behind the wheel. The medium-duty autonomous trucks equipped with Gatik Driver complete daily deliveries for Fortu
FMCSA triggers 30-day countdown on teen driver exemption WASHINGTON - Federal regulators have officially opened the door for public debate on whether to keep the nation's under-21 interstate trucking program alive. The Federal Motor Carrier Safety Administration posted a formal notice on Tuesday requesting comments on the American Trucking Association's five-year exemption request that would allow carriers to continue onboarding 18-to-20-year-old drive
Trucking Alliance's safety agenda 3: broad regulatory changes on English, ELDs and insurance The Trucking Alliance, which in terms of numbers is one of the smaller industry lobbying and support groups but which includes some of the bigger players in trucking, has long focused on safety issues in its efforts to shift public policy. After a tumultuous 2025 in the intersection where trucking, safety and politics all came together in often unexpected ways, the group is laying out its agenda
OmniTRAX names Dreier as chief commercial officer Rail and supply chain infrastructure company OmniTRAX has named Ryan Dreier as its new chief commercial officer, the company said today. Dreier joined OmniTRAX as executive vice president in 2025 from BNSF Railway. In his new role, he will oversee commercial strategy, sales operations, transload, and new business development for a company that has seen growth of more than 50% over the last five y
Union Pacific reports record financial results "The Union Pacific team delivered our best ever full year across safety, service and operating excellence," Chief Executive Jim Vena said on the railroad's earnings call on Tuesday morning. "As we close out the year, it's clear the team is consistently delivering at the highest levels, and I'm confident that's what we'll continue to do." For the year, the Omaha-based company (NYSE: UNP) said ope
Nike to lay off hundreds of distribution workers in Mississippi, Tennessee Nike is laying off hundreds of U.S. distribution center workers as it accelerates automation and restructures its supply chain operations. The athletic apparel giant plans to cut 775 jobs, primarily at distribution centers in Tennessee and Mississippi, according to company statements and reporting by CNBC . The layoffs are focused on warehouse and fulfillment roles as Nike increases its use of ad
American Eagle, Office Depot pull plug on third-party logistics services American Eagle Outfitters and Office Depot have begun to shut down their logistics businesses geared to serving outside customers, raising doubts about the viability of the supply chain-as-a-service business model for retailers as businesses scramble to find new fulfillment partners. Lifestyle and apparel company American Eagle Outfitters ( NYSE: AEO ) is winding down its Quiet Logistics subsidia
New FMC probe of ocean carriers restricting chassis for truckers, shippers The Federal Maritime Commission has opened a probe into whether ocean carriers are unfairly restricting the ability of truckers and shippers to choose chassis providers. Those restrictions could be a violation of the Shipping Act, the agency said in a Federal Register notice . "The Commission seeks to determine whether ocean common carriers are using practices that directly or indirectly deprive
UPS won't resurrect MD-11 fleet after deadly crash, takes $137M charge UPS has decided to permanently retire its fleet of 27 MD-11 aircraft and take a $137 million after-tax write off instead of returning the widebody freighters to service even if they are cleared to fly again by aviation authorities following the crash of one of its planes in early November. The express delivery and logistics giant began a phased drawdown of the aging tri-engine aircraft, but said
Distracted Driving's Death Toll: What a Viral Dashcam Lawsuit Means for CDL Holders She was texting. Both hands on the phone. Eyes down. For nearly 20 seconds straight at highway speed. A Washington woman who wrecked a Turo rental car in August 2025 initially told the vehicle's owner and Snohomish County sheriff's deputies that another driver ran her off the road. What she apparently forgot was that the 2013 Nissan Leaf had interior and exterior dashcams, and the 18-year-old own
Lawsuit alleges R&R Family of Companies continued operating while insolvent Florida court records show lenders urged R&R Family of Companies to wind down operations weeks before its collapse, even as carriers across the U.S. continued hauling freight and invoices went unpaid. A lawsuit filed Jan. 23 in the Circuit Court for the Twentieth Judicial Circuit in Collier County, Florida, by The Huntington National Bank, alleges that R&R and affiliated borrowers were insolvent,
First look: Union Pacific Q4 earnings Union Pacific Corp. on Tuesday reported fourth-quarter profit of $1.85 billion on revenue of $6.09 billion, both short of Wall Street expectations. Per-share earnings came up short for the Omaha, Neb.-based company (NYSE: UNP ) at $3.11. Adjusted earnings came to $2.86 per share. Analysts' consensus was for earnings of $2.90 per share, on revenue of $6.14 billion. The company, which is in the pro
Smith System launches Trainer Center to bring scale, structure to fleet driver training As trucking fleets lean more heavily on cameras, telematics and onboard technology to monitor driver behavior, many still struggle with a fundamental challenge: turning training into a consistent, measurable program rather than a one-time event. Smith System , a longtime provider of driver safety training, is aiming to address that gap with the launch of Trainer Center, a new digital platform des
Positive signals from freight market sprinkled through Triumph Financial's earnings Triumph Financial reported a fourth quarter with numbers that backed up signs of a strengthening freight market as it added two significant new customers for its Triumph Network payment process. Between its Factoring segment and its Payments arm, which includes the Triumph Network that audits and pays its brokerage clients and is seen as the long-term core of the company, there were data points i
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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