Stena to acquire Color Line Sweden's Stena AB, owner of ferry operator Stena Line, has entered into an agreement to acquire Norwegian shipping company Color Line, subject to regulatory approval. It says that the transaction will bring
Fairbanks Morse Defense awarded $90M contract for nuclear sub EDG overhauls Fairbanks Morse Defense (FMD) reports that it has been awarded a $99.09 million Naval Sea Systems Command (NAVSEA) contract to provide repair, parts and labor through 2030 for Emergency Diesel Generator (EDG)
Hanwha Defense USA to acquire Hanwha Philly Shipyard Hanwha Defense USA (HDUSA) reports that it is acquiring a controlling stake in Hanwha Philly Shipyard. The move brings the shipyard under HDUSA's leadership and governance structure and comes after HDUSA established
Trailer Bridge names Charles Gittens CEO Jacksonville, Fla.-based Trailer Bridge Inc. has named Charles Gittens its chief executive officer, effective November 2, 2026. Gittens comes to Trailer Bridge with more than 30 years of experience in transportation and
Fincantieri marks a double milestone in six ship Explora Journeys build Fincantieri's Sestri Ponente shipyard in Genoa yesterday celebrated a double event in its construction of the six-unit fleet for the MSC Group's luxury brand Explora Journeys. It hosted the float-out of Explora
Q&A: Shipfinex CEO shares his thoughts on widening access to vessel investment Capt. Vikas Pandey, Founder and CEO of Shipfinex, shares his thoughts on widening access to vessel investment, new funding opportunities for shipowners and the risks investors should understand in this Q&A. How traditional ship ownership is changing, and what the market could look like once a much wider pool of investors can gain exposure to the ships moving global trade. For most of shipping's h
DP World appoints two independent non-executive directors DP World has appointed Amer Abdulrahim Kazim and Iman Al Qasim as Independent Non-Executive Directors to its Board, effective immediately. The global ports and logistics operator announced the appointments on October 26, 2026. Both executives bring extensive experience in finance, corporate governance, human capital and organisational transformation. According to DP World, the appointments will s
Damen orders two additional battery systems from EST-Floattech Damen Shipyards Group has placed a new order with EST-Floattech for two additional Octopus Series battery systems. The systems will be installed on two Damen Combi Freighter (CF) 3850 cargo vessels. Announced on October 26, the agreement extends the companies' existing cooperation on battery technology for short-sea shipping. It also renews their framework agreement, which followed a partnership
EVI introduces AI safety camera mode to protect seafarer privacy EVI Safety Technology has launched Crew-First Mode, a new feature for its AI-powered onboard camera system. The technology aims to improve maritime safety while giving seafarers greater protection against routine remote monitoring. The new setting allows the system to detect potential safety risks and alert crew members. At the same time, it limits access to camera footage from shore-based teams.
DP World joins Canadian partners to explore new Arctic trade corridor DP World, Arctic Gateway Group and CentrePort Canada have signed a Memorandum of Understanding (MoU) to explore new trade opportunities across Canada's northern transportation network. Announced on October 26, 2026, the agreement focuses on port operations, logistics services and the potential development of an integrated trade corridor. The proposed connection would link the Port of Churchill, H
Port of Tallinn secures new loan to refinance existing bonds AS Tallinna Sadam, the operator of the Port of Tallinn, has signed a €50 million loan agreement with Swedbank to refinance existing debt obligations. The Estonian port operator announced the agreement on October 26, 2026. The unsecured loan has a five-year maturity and carries an interest rate based on the three-month Euribor plus an additional margin. According to the company, the full €50 milli
WEC Lines adds fourth vessel to NWC CAI service WEC Lines will add a fourth vessel to its North West Continent-Canary Islands (NWC CAI) service. The expansion will strengthen connections between Northern Europe, Portugal, Spain and the Canary Islands. Following the addition, WEC Lines will operate the service with four vessels of 868 TEU each. The ships will complete a 28-day rotation. According to WEC Lines, the additional vessel will reduce
Japanese consortium plans ammonia supply chain and car carrier fleet Seven Japanese companies have agreed to develop an integrated ammonia fuel supply chain and introduce four ammonia-fuelled car carriers. The project brings together Imabari Shipbuilding, Kawasaki Kisen Kaisha ("K(" Line), Kyokuyo Shipyard, JERA, Shin Kurushima Dockyard, Nippon Yusen Kabushiki Kaisha (NYK) and Nihon Shipyard. The partners described the initiative as the world's first commercial pro
Moody's lifts Danaos outlook to positive Moody's Ratings has changed the outlook on Danaos Corporation's Ba1 Corporate Family Rating to positive from stable. The rating agency also upgraded the containership owner's senior unsecured notes to Ba1 from Ba2. Revenue visibility supports rating action According to Danaos, Moody's based its decision on the company's increased revenue visibility, substantial cash position and disciplined finan
Hapag-Lloyd updates PSS from Asia and Oceania to South Africa Hapag-Lloyd will update its Peak Season Surcharge (PSS) for shipments from Asia and Oceania to South Africa. The surcharge will apply to cargo loaded on board from 3 November 2026. It will remain in effect until further notice. The geographical scope covers shipments originating in China, South Korea, Japan, Southeast Asia and Oceania. The destination ports are Durban and Cape Town. Origin Destin
Maersk revises peak season surcharges from Asia to Africa Maersk has announced revised Peak Season Surcharges (PSS) for shipments from Asia to destinations in Southern and East Africa. The new rates will take effect in November 2026 and remain applicable until further notice. Far East Asia to South Africa and Mauritius The revised PSS will apply from 9 November 2026. For shipments originating in Vietnam, it will take effect on 10 November. The origin sc
Container freight rates diverge as global benchmarks rise and Asian indexes weaken Global container freight rates delivered a mixed performance in the latest weekly assessments, with major international benchmarks moving higher while Chinese freight indexes showed more subdued results. The divergence was particularly evident on Asia-Europe routes, where Drewry reported further increases but the NYSHEX Freight Index (NYFI) continued to decline. Drewry's World Container Index (WC
FedEx appoints Jamere Jackson as new chief financial officer FedEx Corporation has appointed Jamere Jackson as its new Executive Vice President and Chief Financial Officer, effective November 30, 2026. Jackson will succeed Claude Russ, who has served as interim CFO since June 1. The appointment brings an experienced financial executive to the global transportation and logistics company. Jackson joins FedEx from AutoZone, where he has served as Chief Financ
GXO and Agility Robotics expand humanoid robot deployment across US warehouses GXO Logistics and Agility Robotics have announced plans to expand their partnership by deploying humanoid robots at two additional logistics facilities in the United States. The expansion will bring Agility Robotics' Digit robots to GXO warehouses in Statesville, North Carolina, and Lebanon, Tennessee. Deployments are expected to begin in early 2027, supporting e-commerce fulfillment and repetiti
Hapag-Lloyd flags rainfall risks to Kenya cargo flows Hapag-Lloyd has warned that heavy rainfall and localised flooding could affect cargo operations in Kenya between October and December 2026. The carrier stressed that no weather-related operational disruptions have been reported at this stage. However, forecasts indicate above-average rainfall across much of the country. Potential impact on cargo operations Severe weather could affect operations a
Maersk informs customers of new UK Trader Support Service platform Maersk has informed customers that the new UK Trader Support Service platform went live on 20 October 2026. All goods movements between Great Britain and Northern Ireland from that date must be submitted through the new TSS platform. According to Maersk, HM Revenue and Customs has confirmed that customs procedures and businesses' legal obligations remain unchanged. Only the platform and its acces
Port of Long Beach revises environmental plans for Pier B rail project The Port of Long Beach has released a revised draft supplemental environmental impact report for its Pier B On-Dock Rail Support Facility project, reflecting proposed design modifications to one of the port's major rail infrastructure developments.v Announced on October 23, 2026, the recirculated environmental study examines changes involving rail infrastructure, utility connections, construction
Hapag-Lloyd replaces BFS with new BFX service Hapag-Lloyd will discontinue its Benelux France Shuttle (BFS) and replace it with the new Benelux France Express (BFX). The change forms part of the Gemini Cooperation network and will take effect during the week of 2-8 November 2026. The new BFX service will begin operations at Wilhelmshaven, Germany, during the same week. Hapag-Lloyd will operate the service. According to the carrier, the BFX w
Maersk updates fuel fees in Australia and New Zealand Maersk has announced new Intermodal Fuel Fee levels for landside transportation services in Australia and New Zealand. The revised monthly rates will apply from 1 November 2026. Australia fuel fee reduced Maersk will apply a 25% Intermodal Fuel Fee across five Australian states. State Fee from 1 November 2026 Victoria 25% New South Wales 25% Queensland 25% South Australia 25% Western Australia 25
Hambantota Port sees new opportunities as container ships return to Suez Hambantota International Port Group (HIPG) expects a sustained return of container shipping through the Red Sea and Suez Canal to create new commercial opportunities for the Sri Lankan port, as it prepares to expand its container handling capabilities. The port operator believes that the restoration of the established East-West shipping corridor could strengthen Hambantota's position in regional
Hapag-Lloyd announces year-end omissions on Atlantic services Hapag-Lloyd has announced four sailing omissions affecting its Atlantic Loop services between Europe and North America. The changes will affect the AL1, AL2, AL3 and AL6 services during December 2026 and January 2027. Atlantic Loop 1 The AL1 service will have no sailing from Southampton on 8 January 2027. Vessel and voyage Southampton ETA PL Germany 653W 1 January 2027 No sailing 8 January 2027 G
Seatrium and Karpowership eye Southeast Asia floating infrastructure push Singapore's Seatrium and Turkey's Karpowership are seeking to form a joint venture to develop floating power and digital infrastructure solutions in Singapore, with plans to expand into the wider Southeast Asian market. Potential projects include powerships, floating data centres, turbine-based and hybrid vessels, and even floating nuclear power solutions. The partners aim to establish an ...
Fugro to hunt for unexploded munitions along North Sea cable routes Dutch survey specialist Fugro has secured a contract from German transmission system operator 50Hertz to survey and clear unexploded ordnance along the routes of two offshore wind grid connections in the North Sea. The contract covers the LanWin3 and LanWin6 high-voltage direct current links, each designed to transmit up to 2GW of offshore wind power ...
Chouest Group acquires Canada's Horizon Maritime US offshore services giant Chouest Group has acquired Canadian marine and offshore services provider Horizon Maritime, expanding its presence across Canada's east and west coasts and into the Arctic. The Louisiana-based group has partnered with Horizon Maritime's founders to acquire the St. John's-headquartered company from CFFI and its lender HPS. The transaction's financial details were ...
Eni locks in offshore contractors for Cyprus gas project Italian energy major Eni has signed the main engineering, procurement, construction, and drilling contracts for the Cronos gas development offshore Cyprus, with a string of major offshore contractors securing work on the project. The contracts, valued by local media at around $1.8bn, mark the start of the development's execution phase in Block 6, following a ...
Asyad Group prices $132m shipping stake sale Oman's Asyad Group has priced an institutional share sale in its listed shipping subsidiary at OMR50.8m ($132m), reducing its ownership as part of a move to broaden the company's shareholder base. Muscat-listed Asyad Shipping said the institutional bookbuilding process closed heavily oversubscribed. The transaction covers 5% of Asyad Shipping's issued share capital. Upon completion, the ...
Zijin Mining orders bulker pair for African mineral trade Chinese mining giant Zijin Mining has returned to Shandong Xinneng Shipbuilding for two 3,000 dwt bulk carriers, expanding its dedicated mineral transport operation on Lake Tanganyika in eastern Africa. The latest contract follows an earlier order for four 2,000 dwt vessels at the same Chinese yard, which are now operating on the lake between the ...
Yangzijiang Maritime cashes in on MR newbuilds with $308m sale Singapore-listed Yangzijiang Maritime Development has struck deals to sell six MR tanker newbuildings for a combined $308m, taking the value of its contracted vessel resales to $805m over the past ten months. The Ren Yuanlin-led maritime investment group said the latest transactions cover two 49,500 dwt product tankers scheduled for completion between 2026 and 2027 ...
What cargo shipping can learn from cruise about crewing technology Raal Harris, the founder of PitchFrame, brings readers details of an interesting session from last week's Crew Connect Global in Manila. We spend a lot of time in cargo shipping looking to aviation for inspiration in approaches to safety, technology, training and operational efficiency. But there's another industry sitting much closer to home that perhaps ...
Dolphin Drilling sells ageing semisub and eyes rig management tie-up Norwegian offshore drilling contractor Dolphin Drilling has agreed to sell its Blackford Dolphin semisubmersible rig to Dubai-based SPM Energy Shipping for up to $25m, while establishing a potential partnership to manage drilling rigs in India and other markets. Under the agreement, Dolphin will receive $10m upon delivery, with the remaining $15m payable once SPM receives ...
Energy Drilling bags $87m rig contract Singapore-based Energy Drilling, a subsidiary of SED Energy Holdings, has secured a letter of award from Carigali-PTTEPI Operating Company (CPOC) for a new drilling campaign worth approximately $87m in the Malaysia-Thailand Joint Development Area. The award covers a firm 30-month contract for the 2013-built tender-assist drilling rig T-16, including mobilisation fees, with options for up ...
Fresh contract haul strengthens Noble's 2027 rig coverage Offshore drilling giant Noble Corporation has announced a batch of new rig deals, totalling around $560m. Noble's two 2014-built 7th-generation drillships, the Noble BlackRhino and Noble BlackHawk, both bagged new work. Noble BlackRhino was awarded a four-well contract with TotalEnergies in Nigeria, expected to commence in the fourth quarter of 2026, with an estimated duration ...
US moves to extend China ship fee truce into 2027 The United States is looking to extend its suspension of additional port fees targeting China-linked shipping for another two months, keeping the measures on hold until January 9, 2027, while trade negotiations with Beijing continue. The Office of the United States Trade Representative (USTR) has opened a public consultation on a proposal to prolong the ...
KMTC makes Chinese shipyard debut with six boxships South Korean liner operator Korea Marine Transport Co (KMTC) has entered China's shipbuilding market for the first time, ordering six 3,100 teu containerships at CSSC Huangpu Wenchong. The Seoul-based carrier signed the contracts in Guangzhou, with China Shipbuilding Trading also involved in the agreement. The six vessels will provide a combined 18,600 teu of capacity ...
Wall Street splits over tanker boom Wall Street's increasingly divided outlook for the tanker supercycle has taken another twist, with investment bank Evercore ISI dramatically raising its freight forecasts and share price targets while warning that the industry's extraordinary earnings could be approaching their peak. In research published yesterday, Jonathan Chappell of Evercore doubled his 2027 VLCC earnings forecast from $57,50
Jade Pacific makes liner debut with Red Sea service A new Singapore-based container shipping company headed by former SeaLead executives has entered the liner trades with a service connecting India, Pakistan and Egypt's Red Sea coast. Jade Pacific Line (JPL), established in April this year, has deployed the 1,100 teu Medkon Sia on a rotation linking Mundra, Nhava Sheva, Karachi and Sokhna before returning ...
New study pours cold water on nuclear shipping economics The commercial case for nuclear-powered shipping remains highly uncertain, with new research suggesting the technology could become competitive by 2040, but only with dramatic reductions in reactor costs and effective global carbon regulation. A study published today by University College London's Energy Institute examines the total cost of ownership of nuclear-powered containerships, comparing t
Japanese shipping giants join forces for ammonia-fuelled car carrier quartet Seven Japanese companies have joined forces to build four ammonia-fuelled car carriers and establish an integrated bunkering network, in one of the most ambitious commercial shipping projects yet involving the alternative fuel. Nippon Yusen Kaisha (NYK) and Kawasaki Kisen Kaisha (K Line) will each operate two vessels, scheduled for delivery in 2030, with Japanese shipbuilders ...
Will long-predicted boxship overcapacity finally hit in 2027? Liner companies keep posting profits, defying overcapacity fears, but they now face a double-whammy: the return to the Red Sea...
The Daily View: Shipping's green transition faces an awkward paradox
Falsely flagged Russian oil tanker tests Europe's shadow fleet crackdown Tanker Myra's voyage towards the Mediterranean presents European authorities with a rare opportunity to target a stateless tanker after enforcement...
Politics could hinder China P&I's International Group application Shanghai marine mutual requires unanimous backing from existing affiliates. What if it doesn't receive it?
Robin Energy adds third LPG carrier Petros Panagiotidis-led owner has agreed a price of $18m for 5,000 cu m Dream Arrax from related party
Venergy Maritime expands orderbook with VLCC debut Vyron Vasileiadis' tanker company orders up to four 306,000 dwt tankers at Hengli
Iran takes aim at Sinokor tankers According to the Iranian outfit, the South Korean company had committed the highest number of 'crossing violations' over the past...
China maxxing, shipping's decarbonisation dilemma The net zero goal hasn't moved since 2023; but the ground beneath it has
Shipowners taking maintenance risks as operating costs climb Attractive shipping rates and sky-high operating costs are causing owners to put maintenance off a little longer, but this comes...
KMTC turns to China for first time with six-ship boxship order South Korean carrier orders six 3,100 teu vessels at Huangpu Wenchong as Chinese yards tighten their grip on containership newbuildings
Stena to buy Color Line as Nordic ferry consolidation continues Value of transaction has not been disclosed, with completion expected in late first quarter or second quarter of 2027
Saudi Arabia taps Singapore for crude storage to outmanoeuvre shipping disruptions The upside on intra-regional tanker chartering will depend on how Saudi Aramco leverages the new facility to either mitigate geopolitical...
Daily Briefing Trial evidence highlights TD3C scepticism - even inside Baltic Exchange | 'In business, we speak business': China P&I rebuts independence...
Roadrunner adds Canada-to-US LTL service to speed goods across border The long-haul LTL carrier says shippers on both sides of the US-Canada border need more speed and flexibility as tariffs disrupt supply chains.
Air cargo shippers prize proactive counsel over crisis-driven rate hikes After years of capacity shocks, geopolitical conflict and shifting trade policies, a panel of shipper executives told a Tiaca conference they placed greater value on reliable logistics partners and less on securing the lowest possible freight rate.
LA-LB rail container backlog causes growing concern among retailers Retailers with distribution centers in the eastern half of the country say their ability to deliver containers carrying holiday merchandise in time for Black Friday sales is in jeopardy.
New Mexico flooding snarls BNSF's intermodal network A "once-in-generation" flood near Laguna, New Mexico, that began on Saturday will have a substantial short-term impact on all shippers, including intermodal.
Between a ROC and a hard place: the evolution of crewless ships Industry draws up new rules as crewing crises and technology clear the way for more autonomous vessels
South Korean liner player tied to $356m order for its biggest container ships yet Namsung Shipping is said to have booked up to four vessels at DSIC
Russian drones hit two more vessels in Black Sea as Nordic leaders urge Putin to end war Finnish president and Norwegian prime minister urge Russian counterpart to negotiate peace in Abu Dhabi talks
Three MR tankers steam toward US Atlantic coast after Trump's Russian diesel deal A fourth vessel is expected to depart a Russian port soon, according to a Russian official
Insurer fights over legal costs after bulker grounding trial MS Amlin won $47m legal battle last year after a charterer blamed for grounding went bust
Fire burns at Saudi Gulf export hub after Houthi strike Strikes come amid continued Houthi attacks
Italian president warns against challenges to rules-based maritime system Shipping must resist attempts to turn back the clock on global order, Mattarella tells shipowners
Activist investor demands change over 'horrific dilution' at Ismini Panagiotidi's Icon Energy Shipowner's chief executive rejects claims by head of Canadian private equity firm
LR2 'dirtying up' boosting rates across sectors, for now BRS Shipbrokers counts 44 LR2s jumping into aframax trades year-to-date
Royal Caribbean share price surge adds $5bn in market cap after earnings beat expectations Miami cruise giant's outlook for the year also beats Wall Street bets
Hanwha Ocean expects key orders will flip to VLCC and container ships Shipbuilder says unchartered LNG newbuildings and disruptions to Qatari production are weighing down near-term sector sentiment
VLCC fixtures to pick up in US Gulf, Clarksons says Rates have come down from huge highs earlier in the month
Retrofit ageing and massively valuable VLCCs, BAR chief says With older tankers now worth more than newbuildings, the time for upgrades has arrived, John Cooper argues
Researchers cast doubt over economic case for nuclear shipping by 2050 Paper says global decarbonisation deal is necessary to make nuclear propulsion a viable option in coming decades
Transworld Shipping to buy two container vessels from OEL for $42.8m Brace of boxships and supramax bulker purchased in fleet restructuring
Ratings giant Moody's boosts Danaos outlook as backlog grows Greek boxship and bulker owner viewed as having increased revenue visibility
Vyron Vasileiadis breaks into VLCCs at Hengli Heavy Rapidly expanding Greek owner has invested more than $2bn in tanker and boxship newbuildings in 16 months
Tankers preview: clean product owners step from the shadows of crude peers Streetwise asks whether clean petroleum stocks may be getting their day in the sun
Japanese firms join forces to build ammonia-powered car carriers NYK and K Line will each order four ammonia-propulsion car carrier newbuildings to be built in Japan
Greek owner George Delaportas steps on the gas with ultramax orders in China Race car aficionado orders newbuilding series for Meadway Bulkers
From Russia with diesel: How Putin's fuel promise to America could change product tanker dynamics Will new volumes displace other shipments, and will Ukrainian refinery attacks even allow them to materialise?
Trial reveals how DHT and Hunter charter chain left Mercuria skewered on record VLCC rate spike High Court hearing confirms the deals linked to DHT Puma
Iran threatens Sinokor for leading US-protected Hormuz tanker transits Persian Gulf Strait Authority announces 'enforcement' and 'legal action' against company's vessels
Exmar buys into newly merged Mexican oil and gas operation Belgian gas carrier owner takes 12.5% stake in Canada-listed Kinjal Gas
Shipowner and broker arrested after drugs found on tanker Authorities recovered 1.16 tonnes of ketamine
Turkish tanker rescues 47 migrants off Greece Three commercial vessels diverted from their route in 72 hours to pick up castaways
Spill spreads from VLCC damaged in Iranian attack off UAE More beaches closed as environmental concerns rise
Norwegian financier launches fund to capture shipping's high-yield bond market Norwegian player views niche sector as benefiting from near-investment grade balance sheets
Mercuria fixed VLCCs out of Hormuz before suing Baltic over 'hypothetical' route Court hears how trader booked Sinokor-controlled ships soon after war broke out
Klaveness Combination Carriers sees record quarter from booming tanker market Owner sees TCE earnings of $49 100-56 200 per day in next quarter
Austal gives Hanwha more time to table binding bid for US yard Talks on takeover deal are down to documentation as Australian shipbuilder says its home orderbook can stand alone
Svitzer says new tug design can ease record port congestion TRAnsverse tugs increase keeps ports open in harsh weather, CEO says
Winning Shipping swoops on bulker in first newcastlemax move for the year Singapore-based shipowner reported to have acquired Cape Alliance from K Line
IMO climate rules could bite in 2029, Norway negotiator says Oftedal sees signs of progress, but shipowners face difficult choices long before regulations arrive
Korean shipbuilders' overseas ambitions put state financiers in a bind Export credit official reveals an uncomfortable dilemma as yards seek to compete with China
Korean shipbuilders face a costly catch in Western naval rearmament Hanwha Ocean executive questions the economics of overseas customers' growing localisation demands
Mexico truckers reach deal for talks after strike disrupts 19 states Mexican trucking organizations reached an agreement with federal officials Tuesday to begin negotiations aimed at resolving a nationwide strike that disrupted highways across 19 states, The agreement between Mexico's Interior Ministry (Segob) and trucking groups, including the National Chamber of Freight Transport (CANACAR), calls for four high-level working sessions addressing highway security,
Diesel Is Breaking Records While Gasoline Stays Cheap, And The Reason Is Not What Most Truckers Think For the better part of eight months the price of diesel has climbed to levels that gasoline has not come close to matching, and for a carrier whose single largest variable cost is the fuel in the tank, that split is not a curiosity but a direct hit to the bottom line, which is why a recent F3 conversation with Patrick De Haan, the GasBuddy analyst who has tracked pump prices since 2009, is worth
Millions in stolen freight reveal a weakness criminals keep exploiting Recent freight fraud investigations have exposed millions of dollars in cargo losses across the United States. Federal prosecutors recently charged a driver in an alleged $12 million cargo theft conspiracy involving established trucking companies. A California trucking owner pleaded guilty in a separate $2.1 million identity theft case. Another investigation uncovered a nationwide cargo theft rin
Merchants Fleet adds 113 FleetShare vehicles in Puerto Rico Merchants Fleet has expanded FleetShare , its managed vehicle access program, to Puerto Rico, the company said on Oct. 20 . The operation went live Sept. 14 with 113 Merchants-managed vehicles supporting an unnamed global e-commerce company's last-mile delivery operations on the island. It is FleetShare's first deployment outside the continental United States. Drivers at the site reserve and acce
The Case For Renting The Box And Buying The Truck For a small carrier, the choice of whether to own a trailer, finance one, run power only, or rent by the day looks like a simple equipment question, but it is really a business decision with a cost structure attached to every option, and getting that math wrong is one of the quietest and most expensive mistakes a growing fleet can make, which is the thread that ran through a recent Long Haul conv
Why Logistics AI Still Needs "Experts in the Loop" As AI tools multiply across freight and logistics, the important question is how much control to hand over, and to what. On the latest Lean Quarterly Dive, host Malcolm Harris sat down with Lean Solutions Group CTO Alfonso Quijano to unpack that question. "experts in the loop," a model that treats human judgment Quijano didn't waste time getting to the thesis. "Experts in the loop," according to
Knight-Swift CEO says CDL crackdown could fuel lasting trucking recovery JACKSONVILLE, Florida - Knight-Swift Transportation has reduced its approved brokerage carrier pool by approximately 70% over the past two years as the trucking giant tightens carrier vetting standards amid growing concerns over cargo theft , highway safety and potential broker liability . CEO Adam Miller disclosed the reduction Tuesday during his keynote address at the second annual WEX OTR Summ
2027 FreightTech 25 winners announced at F3 FreightWaves revealed the 2027 FreightTech 25 at the inaugural F3 Awards Dinner in Chattanooga, where all 100 FreightTech 100 winners were recognized as part of the 2027 FreightTech Awards, presented by Sope Creek . Kevin Nolan, Craig Fuller and Malcolm Harris closed the evening by announcing the top 25. The list recognizes 25 companies for their contributions to innovation across freight technol
Band24 seeks early testers for satellite-connected asset tracker ahead of Nov. 13 deadline Asset-tracking company Band24 is seeking businesses to test Terra, a new tracker combining Bluetooth, cellular and satellite connectivity, ahead of a Nov. 13 deadline for its early-access program. The device is designed to help logistics operators maintain visibility into trailers, shipping containers and other equipment in areas with limited network coverage, with commercial availability planned
Miami airport to deploy shared logistics platform for cargo community MIAMI BEACH - Miami International Airport has signed with Kalé Logistics Systems to set up the world's first AI-based air cargo community system designed to streamline data exchange and communication between supply chain stakeholders on a centralized platform, with the goal of eliminating time-consuming paper-based transactions and manual scheduling that contributes to truck congestion. Kalé offe
Double Nickel launches AI agent to automate driver employment checks Double Nickel has launched an artificial intelligence agent to automate employment verifications for trucking companies, targeting a time-consuming part of driver recruiting and regulatory compliance. The New York-based company said Thursday, Oct. 22, that its Vera agent completed 40% of employment verifications autonomously during beta testing. Two trucking carriers with more than 500 trucks bet
Federal guidance on carrier selection not around the corner: TIA's Burroughs Chattanooga-The Transportation Intermediaries Association (TIA) was quick out of the box earlier this year after two key court decisions that didn't favor the brokerage community, asking the federal government for some sort of guidance for 3PLs: tell us what sort of carrier hiring practices would protect us. Chris Burroughs is the head of TIA and he told an audience at the FreightWaves Broker Com
The Biggest Shift In Freight Liability Since Deregulation Is Here, And Few Are Ready For It The way courts decide who is responsible when a contracted truck ends up in a wreck is changing faster than most of the freight industry realizes, and the shift is not about one ruling or one eye-popping dollar figure, it is a whole direction of travel that keeps pulling responsibility up the chain toward brokers and the companies that arrange freight, a change that one transportation attorney re
Police recover $54K in Hot Wheels after BNSF freight train burglary in California Police recovered approximately $54,000 in stolen Hot Wheels merchandise following a freight train burglary in Colton, California. A witness called 911 around 3 a.m. Thursday, October 22, reporting suspicious activity near railroad tracks. Officers spotted a black Chevrolet Silverado leaving the area and initiated a traffic stop. The investigation ended with one arrest and 350 boxes of toy cars in
Spartan's operators went from AI skeptics to agent builders When Spartan Carrier Group founder and CEO Carlos M. Llanes Jr. started digging into artificial intelligence two years ago, his team did not buy it. Today the Fort Worth, Texas-based carrier's vice president of operations is learning to build AI agents himself. Spartan grew from zero trucks to about 150 in five years hauling just-in-time automotive freight, with Toyota as its biggest customer. It
FMCSA's Elison addresses Motus again, still no date on full repair Chattanooga-It hasn't been that long-less than a month-since Jesse Elison spoke to an industry event and addressed the issue of the beleaguered new Motus registration system. The deputy administrator of the Federal Motor Carrier Safety Administration (FMCSA) spoke Monday at FreightWaves' Broker Compliance Symposium, one of two one-day sessions that serve as a prelude to the larger Future of Freig
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