Ship Repair USA heads to Jacksonville for 2026, opens call for speakers Marine Log's Ship Repair USA 2026 is moving from New Orleans to Jacksonville, Fla., for this year's presentation, bringing ship repair, retrofitting and maintenance professionals together in one of the Southeast's most
Galveston LNG Bunker Port partners up with TOTE Services Plans for a Galveston LNG bunkering hub are moving along. Texas-based Galveston LNG Bunker Port LLC (GLBP) has now signed a preliminary agreement with TOTE Services LLC to develop and operate dedicated
BOEM RFI will gauge interest in Alaska offshore minerals The Bureau of Ocean Energy Management (BOEM) is to publish a Request for Information and Interest (RFI) to evaluate industry interest and gather public input that could inform a potential lease sale
Stena RoRo says its new next-gen C-Flexers are future-proofed Stena RoRo has placed an order for a new generation of C-Flexer type RO/RO vessels. Developed in close cooperation with Italian design company NAOS Ship and Boat Design, the new C-Flexer design
Asia-Europe container trade jumps 15.5% to new November record Container traffic from Asia to Europe surged 15.5% year on year to 1.68 million TEUs in November 2025, marking the first annual increase in two months and setting a new November record, according to data compiled by the Japan Maritime Center (JMC) based on figures from the U.K.'s Container Trade Statistics (CTS). For the January-November 2025 period, Asia-Europe container trade reached 17.98 mill
COSCO SHIPPING Specialized Carriers expands presence in the Philippines COSCO SHIPPING Specialized Carriers (Southeast Asia) has expanded its regional footprint with the opening of a representative office in Manila. The new office officially began operations on 26 January 2026 . The Manila office strengthens the company's localisation strategy and supports its ongoing global expansion. By establishing a presence in the Philippines, COSCO SHIPPING Specialized Carriers
CMC launches unified brand and announces leadership promotions CMC has unveiled a new name, logo, and unified brand identity, marking the completion of a multi-year integration of its operations and teams. More than two years ago, Marine Repair Service - Container Maintenance Company, ITI Intermodal, and Columbia Container Services joined forces under a shared vision focused on safety, service, and operational excellence. Following the successful integration
Pilbara Ports secured contract to enhance port of Dampier Pilbara Ports awards contract for the design and construction of the Dampier Link Bridge forming part of the Dampier Cargo Wharf Projects which will deliver a multi-user facility that expands the service capability of the Port of Dampier. The link bridge will strengthen marine infrastructure and support improved shipping services at the Port of Dampier. The Dampier Cargo Wharf Projects on Western
Lufthansa Cargo expands A321 freighter network in Europe and Africa Lufthansa Cargo is strengthening its short- and medium-haul freighter network with the addition of new destinations in Europe and Africa. From 7 February 2026, Rome-Fiumicino will join the regular A321 freighter schedule. The new service will operate once a week from Frankfurt on Saturdays under flight number LH8344, continuing from Rome to Istanbul and Munich. The inclusion of Rome follows stron
ID Logistics surpasses €1 billion in quarterly revenue for first time ID Logistics achieved a milestone in the fourth quarter of 2025, recording revenues of €1,037.5 million. The figure marks the first time the European contract logistics leader has exceeded €1 billion in a single quarter. The company posted 12.2% growth compared to the same period in 2024. On a like-for-like basis, adjusted for currency fluctuations, growth reached 14.7%. For the full year 2025, I
Hapag-Lloyd advises suspension of Pakistan-Afghanistan border transit Hapag-Lloyd has informed customers that commercial cargo transit operations at the Pakistan-Afghanistan border are currently suspended due to the prevailing geopolitical situation between the two countries. As a result, all containers intended for transit between Pakistan and Afghanistan are being held at port and border locations while awaiting further instructions from the relevant government a
Hanseatic Global Terminals Le Havre officially launched Hanseatic Global Terminals has officially launched Hanseatic Global Terminals Le Havre, marking a new phase in the development of the French terminal following its acquisition in March 2025. In March 2025, Hanseatic Global Terminals acquired a 60% majority stake in the CNMP LH terminal in Le Havre, with the remaining 40% held by Seafrigo . Since the acquisition, significant investments have been
CNC upgrades JTX Service CNC has upgraded its JTX service, delivering faster transit times, improved schedule reliability, and stronger regional connectivity for containerized cargo across Northeast and Southeast Asia. A key enhancement is the addition of a direct call at Sihanoukville , strengthening container links between Cambodia, Japan, and South China. The upgrade reduces transit times and improves service reliabi
AD Ports Group partners with BigBear.ai on AI-driven trade AD Ports Group has partnered with BigBear.ai to develop next-generation AI solutions for trade, customs, and logistics. The deal was signed between Maqta Technologies, AD Ports Group's digital arm, and BigBear.ai's UAE office. The partnership was announced at the World Customs Organization Technology Conference in Abu Dhabi. Together, the companies will design, test, and deploy digital platforms
Malaysia's MTT set to upsize fleet with IPO Malaysian feeder operator MTT Shipping and Logistics is reportedly eyeing newbuilding orders for 9,000 TEU ships, after securing approval on 26 January for its proposed initial public offering on Bursa Malaysia. Alphaliner said today that MTT is now assessing shipyards under the China State Shipbuilding Corporation umbrella. Should the orders materialise, the 9,000 TEU ships will be the largest e
Port of Savannah posts second-busiest year on record in 2025 The Port of Savannah closed 2025 with its second-highest container volume ever, driven by record rail connectivity to inland markets and continued infrastructure investment. The Georgia Ports Authority (GPA) handled nearly 5.7 million TEU during the year, up 2.6% or 146,000 TEU compared with 2024. The result was second only to 2022, when volumes reached about 5.9 million TEU. GPA said Savannah's
How to Build a Long, Injury-Free Career in Container Shipping Container shipping isn't a "quick win" kind of job. You don't succeed by sprinting. You don't clock in for a few months and walk away with a long career. This work tests your body. Your grit. You build a career by showing up every day. The people who last are not the ones who rush. They're the ones who play the long game. The ones who keep their bodies safe. Getting hurt can end that game fast. O
Fast And Efficient Diesel Delivery That Keeps Work Moving In the world of heavy industry, silence is never a good thing-it usually means money is flying out the window. Whether you are staring down a deadline on a multi-million dollar infrastructure project or praying for a clear weather window during harvest, your entire day (and your profit margin) lives and dies by the diesel in your tanks. Fast and efficient diesel delivery isn't just a "nice-to-hav
Port of Corpus Christi reports slight volume decline in 2025 The Port of Corpus Christi handled 203.4 million tons of cargo in 2025, down 1.5% from 206.5 million tons in 2024. Liquefied natural gas (LNG) exports remained a bright spot. Volumes rose 15.4% year on year to 18.6 million tons. In contrast, crude oil shipments declined 2.3% to 127.4 million tons. Dry bulk fell 2.5%, while agricultural cargo dropped sharply by 54%. In the fourth quarter of 2025,
As charter rates heat up, MSC takes Global Ship Lease ships from Maersk MSC is snapping up ships from Global Ship Lease (GSL) after the vessels come off charter to Maersk Line, as the Swiss-Italian operator widens its gulf with its Danish rival, with a fleet that is greater by 2.5 million TEU. Linerlytica said in its report this week that the 2000-built 6,008 TEU GSL Violetta has been committed to MSC for 36 to 38 months, at privately agreed rates. Going rates for a
Antwerp-Bruges holds container volumes steady in 2025 Port of Antwerp-Bruges closed 2025 with resilient container performance, despite a year marked by geopolitical tensions, economic uncertainty, and widespread disruption across global supply chains. Total maritime freight reached 266.5 million tonnes , down 4.1% year on year. The decline was mainly driven by sharp drops in liquid and dry bulk. In contrast, container traffic remained stable , reinf
ICS releases 2025-2026 Flag State Performance Table The International Chamber of Shipping (ICS) has published its 2025-2026 Flag State Performance Table, confirming strong compliance with global safety, environmental, and labour standards across most of the world's merchant fleet. The table provides shipowners with a data-driven tool to assess how flag States perform. It is based on 19 objective criteria, including Port State Control records and t
Antioquia's trade with Ecuador shows shifts amid energy sector drop Trade between Colombia and Ecuador remains significant, but recent data show contrasting trends for the Antioquia region. From January to November 2025, Ecuador was the sixth-largest destination for Colombian exports, totaling USD 1.67 billion, a 3.2% decline from the same period in 2024. The drop was largely driven by energy exports, particularly electricity, which fell 52.5% to USD 133.6 millio
Kongsberg lands deck machinery deal for Korea's floating wind vessel Kongsberg Maritime has secured a contract to deliver a comprehensive deck machinery package for Hana Shipping's new 127-meter Floating Wind Construction Vessel. The Korean shipowner is building the advanced FWCV for offshore wind operations. The vessel is scheduled for delivery in July 2027. The project marks the first large FWCV order globally in recent years. Focal designed the vessel, which wi
Signal Ocean snaps up AXSMarine Signal Ocean has made a move to tighten its grip on shipping data and software, announcing the acquisition of French-based SaaS specialist AXSMarine. The deal brings together two well-known names in freight, market and commodities tracking, and underlines Signal Ocean's plan to speed up product development and deepen its role across the shipping value chain. ...
Evergreen lines up 23 newbuilds worth up to $1.5bn Taiwanese liner Evergreen is piling on fresh tonnage with orders for 23 new container ships worth up to $1.47bn, continuing its multi-year fleet expansion drive. The latest newbuilding programme covers a mix of feeder and mid-size vessels and will be split between Chinese yards CSSC Huangpu Wenchong Shipbuilding and Jiangsu New Yangzi Shipbuilding, part of ...
MSC returns to mid-sized newbuilds Mediterranean Shipping Co (MSC) is moving back into the mid-sized containership segment with a fresh newbuilding order at China's Yangzhou Guoyu Shipyard. Market sources say the world's largest containerline has signed firm contracts for at least two conventionally fuelled 5,000 teu vessels, with some brokers suggesting the deal could already cover as many as five ...
Galveston LNG Bunker Port teams up with TOTE to build Jones Act bunker fleet Texas-based Galveston LNG Bunker Port (GLBP) has struck a strategic partnership with TOTE Services to develop and operate a fleet of dedicated Jones Act LNG bunker vessels for the US Gulf Coast. Under a newly signed heads of agreement, GLBP and TOTE Services will work together on the design, construction and long-term operation of LNG ...
Tankers International steps beyond VLCCs with suezmax pool launch UK-based VLCC pool operator Tankers International has officially pushed into the suezmax market, broadening its platform as crude trades and trading patterns continue to shift. The move marks a significant expansion for the company, long known as a VLCC specialist, and comes with the formation of a dedicated suezmax pool. As part of the launch, ...
NYK and Stolt-Nielsen back Spanish alternative fuel developer Nippon Yusen Kaisha (NYK) and Stolt-Nielsen have taken direct stakes in low-carbon fuel start-up XFuel, backing a $20m Series A that aims to push waste-based drop-in bunkers from lab to commercial scale. The Mallorca-based company confirmed it has closed a $20m equity round - including a recent extension - with NYK and Stolt Ventures, the ...
Fourth US offshore wind project beats Trump's construction halt A federal judge in Boston has dealt another blow to the Trump administration's offshore wind crackdown, granting Vineyard Wind a preliminary injunction to resume construction of the 806MW project. US District Judge Brian Murphy ruled that the 95% complete Vineyard Wind, which is already producing electricity and feeding it to the New England grid, showed ...
Long-term contract extension lifts Gulf Marine Services backlog to $700m London-listed liftboat operator Gulf Marine Services (GMS) has received an extension for an existing contract for two of its vessels from a major national oil company in the Middle East. According to the company, the contract for the vessels will be extended by up to six years, including optional periods. This variation reinforces GMS's strong ...
Five-year-old VLCC fetches $112m The secondhand tanker market has delivered yet another exceptionally active week, with VLCCs once again drawing strong interest from buyers. One noticeable shift is the tightening availability of modern VLCCs, following Sinokor's aggressive move to secure tonnage over the past eight weeks. Market sources tell Splash that a five-year-old Chinese-owned VLCC, CSSC Liaoning-built by Dalian Shipbuildi
ICS flag table names and shames The International Chamber of Shipping (ICS) has published its latest annual flag state performance table, accessible here, giving the shipping industry a clear overview of which registers to avoid. The study provides an objective, data-driven assessment of performance based on criteria such as Port State Control statistics and ratification of International Maritime Organization (IMO) and ...
Cadeler strengthens offshore wind pipeline with 2028 campaign Denmark-based offshore wind vessel player Cadeler has signed a preferred supplier agreement with an undisclosed client for the transportation and installation of monopiles and transition pieces at a large European offshore wind farm. The installation campaign is expected to commence in the first half of 2028 and to be executed using two of Cadeler's wind ...
Apontes propel Switzerland higher up the shipowning ranks Veson Nautical has published its annual rankings of the top 10 shipowning nations with landlocked Switzerland noticeably climbing the ranks. Switzerland entered the top 10 list last year, in ninth spot, largely down to the Aponte family's Mediterranean Shipping Co (MSC), the world's largest containerline and a giant brand in cruise shipping. Switzerland now ranks ...
Project gets underway to replace diesel generators with ammonia-to-power packs In a tripartite collaboration, Vinssen, a maritime specialist in hydrogen fuel cells and integrated system solutions, Samsung Heavy Industries (SHI), and Amogy, an ammonia-to-power solutions provider, have signed a joint development project agreement to develop and commercialise an ammonia-to-power pack for ships. The system is designed to replace conventional marine diesel generators. It convert
Nautical Institute: Shipping's future still hinges on people, not just tech As the Year of the Horse approaches, optimism is running through parts of the shipping industry - but so are concerns about the pace and scale of change now hitting the sector. For Captain John Lloyd, chief executive of the Nautical Institute, opportunity and risk are closely linked. New technology, fresh regulation and alternative fuels ...
Freight follows geopolitics back to crisis highs Geopolitical risk indicators are at highs not seen since the start of the full-scale invasion of Ukraine by Russia four years ago, and the heightened uncertainty is spilling over into freight rates, with the correlation between the two especially visible in tankers. Singapore's Sentosa Shipbrokers has highlighted the correlation between heightened global geopolitical risk and ...
Shipping's abandonment shame keeps getting worse When describing shipping to friends and family, there is often amazement at the sheer scale of it all, bafflement at all the acronyms, and kudos for how the industry keeps everything moving, whatever hurdles are thrown its way. There is shock and horror, however, whenever the topic of crew abandonment is brought up. "Why can't ...
January 2026 Review Washington's hardline campaign against Caracas escalated dramatically with the January 3 capture of president Nicolás Maduro by US forces. Since then, the Trump administration has made it clear it intends to control Venezuela's oil resources indefinitely while it tries to rebuild the country's crumbling oil sector. To date, the US has seized seven tankers related ...
Tanker markets go bang 2026 has begun with a series of bangs as Donald Trump has aggressively pushed forward with his 'Donroe Doctrine'of US dominance over the western hemisphere. His actions against Venezuela including tanker seizures amount to an effective blockade of the country's oil industry. China's oil-for-loan scheme with Venezuela has been disrupted, while Beijing's arrangements with Moscow ...
Sluggish start for dry bulk Early in the month there were several days when no capesize fixtures were reported at all on the less liquid routes. On a number of days in January, brokers reported very thin trading for several ship sizes, with activity only really picking up around northwest Europe and the Med, and then only by the middle ...
Counter-intuitive containers December data for US containerised imports show a 2% increase from November to 2.23m teu, though year-on-year imports were down 0.4% as the frontloading of cargo in the first part of 2025 starts to appear in the data. December's imports from China were 706,000 teu, down 1% month-on-month and down 31% from their all time ...
Analyst Abstract Tankers The dramatic January 3 capture of Venezuelan president Nicolás Maduro by US forces and Washington's ongoing campaign to detain Venezuela-linked tankers have begun to redraw the crude trade map, with far-reaching implications for the tanker market. Over the past two months US forces detained and diverted seven tankers tied to Venezuelan trades, part of ...
Sinokor and MSC lead the way In a nutshell, sales and purchase for dry bulk has been firm in January, hot for containers and sizzling for the largest tankers, the latter down to the plot hatched between the Apontes of Mediterranean Shipping Co (MSC) and top management at Sinokor. It seems appropriate that the Aponte family who have come to dominate ...
China's demographic cliff: can shipping live without its golden growth engine? China has long held the moniker of the most populous country in the world, but that is no longer the case. China's population peaked in 2021 at 1.43bn people with a gradual decline thereafter, and stood at around 1.42bn in 2025. Now, the title of the world's most populous nation with 1.46bn people has passed ...
Ensuring the bowl of rice arrives on the table Several bags of rice quietly disappear from a seafarer's family table back home every month. Not because a seafarer earns less, but because the money shrinks on the way home - shaved by opaque, banking fees, says Errikos Andreakos, chief commercial officer at MarTrust, part of the Marcura Group. For Andreakos, this is not a ...
Shadow LPG fleet ends the year with growth spurt amid Ofac crackdown More gas carriers are getting sanctioned by Ofac for moving Iranian LPG - and more vessels are in turn joining...
Ukraine seaborne exports drop to lowest level since the start of the war Ukraine's seaborne trade hits record lows due to a massive drop in grain exports on the back of increased security...
Signal Ocean buys AXSMarine as BRS Group takes stake and board role Following the transaction, BRS Group will maintain a close relationship with Signal Ocean, investing in the company and taking a...
Gianluigi Aponte stands behind Sinokor spree now surpassing 40 VLCCs Box shipping mogul Gianluigi Aponte, the man behind the largest container line in the world, is said to have earmarked...
Baltimore bridge collapse trial set for June Potential payout could substantially top $3bn upper limit on pool claims
Stena RoRo firms up contract for up to six ro-ro cargoship newbuildings in China The order builds on Stena RoRo's long-standing relationship with CMI Weihai and comes amid historically low ro-ro newbuilding order levels
Spanish rescue tug sent to escort sanctioned tanker Chariot Tide experienced engine failure and was left without steering, Spanish authorities told Lloyd's List
Evergreen places over $1bn order for 23 boxships at Chinese yards Deal boosts Evergreen's orderbook to about 930,000 teu, or close to 50% of its existing fleet capacity
EU ban on Russian gas to have limited long-term impact on global LNG bunker prices LNG bunker prices remain much more expensive than conventional fuel oil prices, limiting the use of LNG bunker fuel despite...
MOL secures long-term VLEC and LNG carrier charters with Indian energy majors Agreements deepen MOL's footprint in India as the country ramps up energy imports to fuel economic growth
Daily Briefing Beijing's balancing act: energy security, trade and shipping carbon pricing | Batteries could move shipping further towards net zero than...
CMA CGM forms global terminals venture with private equity firm Stonepeak will pay $2.4 billion to take a 25% stake in the United Ports JV while the French carrier will hold 75% and maintain operational control of the terminals involved.
Changes in US trade policy hitting UPS' supply chain business The parcel giant saw its forwarding and third-party logistics business drop in the fourth quarter due to higher tariffs, and says the weakness will carry over into the first quarter of 2026.
US rail networks recovering after weekend snowstorm, but delays persist Railroads are restricting train speeds and building shorter trains to reduce the potential for breakdowns and derailments in the bitter cold.
New Atlantic storm shuts West Mediterranean container hubs The latest in a series of extreme winter storms is blowing through the region, this one in southwestern Europe that is suspending terminal operations and halting ferry traffic.
Evergreen adds to order backlog with deals for 23 ships worth up to almost $1.5 billion The latest orders increase Evergreen's capacity backlog to 926,000 TEUs, boosting the carrier's total capacity on the water and on order to almost 2.85 million TEUs and making it the world's fifth-largest container line.
PayCargo expanding footprint beyond ocean freight cargo release The logistics payments vendor has partnered with fellow software provider Gnosis Freight to enable payments at other stages of a containerized shipment lifecycle.
General Dynamics shipbuilding revenue surges on productivity gains US outfit continues focus on military shipbuilding, with no commercial vessels on its NASSCO orderbook
Iran official threatens 'control over' Hormuz traffic as Trump brandishes 'massive armada' US president urges Tehran to negotiate before he unleashes violence
Tankers 'still in my blood': Fredrik Johansson sells VLCC for $10m profit More crude investments possible after 2013-built eco ship makes money for partners Energifonden and Njord Shipping
Miami's King Ocean locks in feeder vessel as Contships cashes in Brokers say charter was attached when Greek shipowner sold the vessel
Turkish owner Stella Tanker adds to orderbook in major fleet expansion Chemical tanker specialist follows up initial three-ship deal with declaration of parcel vessel option
Heidmar seals profitable charter play for Pertamina tanker newbuildings Greek manager fixes out product tankers to Weco Tankers straight from South Korean yard
Trump and Dominguez: the art of compromise Arsenio Dominguez faces the daunting task of finding compromise where none appears on offer
Signal buys chartering platform AXSMarine from broker BRS Greek group aims to accelerate innovation with major tech takeover
DNB sees growth opportunity for Norway in digital green shipping Norway must remain an attractive country for ship registration and maritime activities, the bank says
K Line's Indian partners take stake in LNG carrier newbuilding Gail and JM Baxi strike a deal for a ship being built at Samsung Heavy Industries
CMB.Tech VLCC sales prompted move to sell out of Tankers International pool Belgian shipowner has no plans to play in new suezmax venture, as yet
Clarksons Project Finance strikes $140m in deals as new team sees strong activity Unit arranged new projects with eight vessels
Panos Laskaridis swoops for early tanker newbuilding slots Greek owner signs preliminary deals for several MR and suezmax tanker newbuildings at South Korean group
JP Morgan interests linked to LNG newbuilding duo at Samsung Heavy Industries Large order haul seen for LNG carriers in January
LPG carrier arrested: Owner claims Greek master effectively hijacked ship Owner claims denial of access to the vessel has prevented it being handed over to its new owner
Big Chinese buyer takes Venezuelan tanker imports off the menu after US deal PetroChina tells traders not to acquire cargoes due to uncompetitive prices
Russia slashes cargo ship newbuilding programme in half as costs rise Government order reveals domestic shipyard will now build 18 vessels, down from a planned 34
Stena RoRo signs firm order for two newbuildings Pair will be delivered in 2029 from CMJL (Weihei)
Dorian LPG raised to buy as DNB sees upside from strong VLGC rates Share price target lifted to $31 from $26
NYK and Stolt-Nielsen pump cash into start-up converting ship sludge into low-carbon fuel XFuel aiming to step up production of bunkers from waste liquids
Rare all-Greek sale-and-purchase deal sets yardstick for modern product tankers Straight after ordering a batch of newbuildings, Greece's JHI Steamship divests 2017-built vessel
Greek owner Samios seals first buy in five years Greeks and Norwegians hatched deal for 15-year-old, geared handy bulker
KOSPI 5,000 era puts shipbuilding's 'national champion' stocks to the test Can South Korean shipyard valuations stay anchored to orderbooks?
Evergreen Marine orders 23 new container ships as newbuilding haul tops $11bn CSSC Huangpu Wenchong lands 3,100-teu feeder ship order as Yangzijiang lines up 5,900-teu boxships
Sanctioned shadow tanker flying false flag breaks down off Spain MR vessel suffered engine failure on 22 January
Stolt-Nielsen stock plummets 10% after 'disappointing' guidance Geopolitics and tariffs weaken chemical tanker demand outlook
'Perfect year' for tanker stocks as Arctic sees underlying market strength Sanctions and demand growth support VLCC rates
Captain of seized runaway Russian VLCC handed over to US forces off UK Georgian Avtandil Kalandadze is now on board a US Coast Guard vessel
Stolt-Nielsen says overall tanker strength lifting chemical carrier rates after weaker 2025 Norwegian owner hit by a fall in rates in the fourth quarter
Fearnleys sees 'plenty of reasons to be bullish' on bulker rates CMB.Tech, Himalaya, Seanergy and Star Bulk are the analyst's top stock picks
'Ticking time bomb': Anil Sharma's GMS seeks licence to buy and scrap seized Venezuelan tankers Cash buyer hopes US government will allow it to help defuse 'ticking time bomb' of shadow fleet
Shanghai Leading orders kamsarmax bulk carriers at Wuhu Shipyard Shanghai Leading is the shipping arm of Chinese electric power company Huaneng Power International
Chinese cable layer set for online auction in March Strategic adjustment and South East Asia focus behind vessel's disposal
Malaysia's Nam Cheong sells second offshore vessel in two months Shipbuilder and owner attributes growing interest in offshore vessels to surge in oil and gas investments
MOL signs charter contracts for VLECs and an LNG carrier with Indian oil and gas giants ONGC charters two VLECs while Gail fixes an LNG carrier
Vanishing Chinese seafarers spark fears over criminal gangs catfishing victims Impersonation tactics appear to be outpacing the safeguards of online platform security
First look: C.H. Robinson talks of the tough market, but stock soars yet again C.H. Robinson has been hitting on all cylinders for almost two years, but in the fourth quarter the giant 3PL started to run into the realities of a freight market that is a broker's worst nightmare: a sudden rise in spot rates. But even as some of the brokerage's sequential numbers showed the impact of those conditions, and the year-on-year comparisons were mostly stronger but not to an enormous
First look: CPKC Q4 earnings Canadian Pacific Kansas City reported fourth quarter revenues that were 1% higher at $3.9 billion from a year ago, but saw unadjusted earnings per share fall to $1.20 from $1.28 y/y. The Calgary-based railroad (NYSE: CP ) said core adjusted diluted EPS was $1.33, up 3% from $1.29 in Q4 2024. The operating ratio improved 80 basis points to 58.9%, a network record, along with historic marks in trai
Clean sweep for weekly rail freight improvement It was a clean sweep for U.S. rail freight as all carload and intermodal shipments posted gains compared to a year ago. For the week ending Jan. 24, total U.S. rail traffic was 481,708 carloads and intermodal units, up 6% from a year ago, according to data from the Association of American Railroads. Commodity freight totaled 214,784 carloads, ahead by 13.7%, while intermodal volume edged up 0.5%
Legislation provides lifeline for heavy-duty truck towing WASHINGTON - Legislation introduced on Wednesday would allow tow truck operators to transport large, disabled trucks to nearby locations instead of being required to disassemble them on the side of the road. "As someone who ran my own company for decades, I would never want to put the lives of my workers or first responders at risk on the side of the road," said U.S. Rep. Dave Taylor, R-Ohio, the
Trans-Pacific container rates becalmed in eye of trade storm Ocean container rates on the key eastbound route from Asia to the United States were the eye of the storm last week as shippers pulled back amid the latest trade war chaos. "Trans-Pacific container prices were stable last week as well, with reports that carriers are starting to offer discounts," said Judah Levine, research chief for shipping analyst Freightos (NASDAQ: CRGO ), in a note to clients
Winter Storm Fern tightens U.S. trucking capacity, prolonging holiday season rate surge As the remnants of Winter Storm Fern linger across much of the United States, supply chain professionals are grappling with tightened trucking capacity that has effectively extended the elevated rate environment from the 2025 holiday peak season into late January 2026. What was anticipated as a post-holiday cooldown in spot rates has instead turned into a prolonged squeeze, driven by widespread d
New lawsuit alleges R&R, RFX failed to pay $264K in freight invoices As carriers continue to question why invoices from R&R Family of Companies and related entities abruptly went unpaid, a newly filed lawsuit in Texas adds detail to allegations that brokerage units continued tendering freight amid deepening financial distress. A complaint filed Jan. 23 by Jimenez Logistics LLC in Hidalgo County, Texas, alleges that R&R Express Inc. and RFX Inc., subsidiaries of R&
Business groups back freight brokers in Supreme Court trucking liability fight In a big Supreme Court showdown over trucking accidents, major business groups have filed a friend-of-the-court brief supporting freight brokers. The case, Shawn Montgomery v. Caribe Transport II, LLC, et al. , stems from a 2018 crash where a trucker hired through broker C.H. Robinson hit Montgomery's car, causing injuries. Montgomery sued the broker for negligent hiring, claiming CH picked an un
BNSF announces $3.6 billion capital plan for 2026 BNSF Railway will spend $3.6 billion under its 2026 capital plan, the railroad said, with the majority - $2.8 billion - ticketed for infrastructure maintenance. "Our 2026 capital plan focuses on strengthening and modernizing our network so we can continue to meet our customers' evolving needs," CEO Katie Farmer said in a release. "We prioritize investing with the future in mind, improving efficie
Werner acquires dedicated carrier FirstFleet for $245M Werner Enterprises announced Wednesday that it has acquired dedicated carrier FirstFleet for $245 million in cash. The deal adds over $615 million in annual revenue and more than 2,400 tractors to Werner's existing dedicated fleet, making Werner the fifth-largest dedicated provider in the U.S. Werner's ( NASDAQ: WERN ) existing dedicated fleet includes 4,865 units, which generated last 12 months'
Datatruck raises $12M to build the AI-native operating system for long-haul As long-haul carriers outgrow legacy TMS platforms, unified operating systems built around AI and financial intelligence are starting to take over The Chicago-based Datatruck recently raised a $12 million Series A round led by Avenue Growth Partners . This highlights a broader shift across North American trucking. Carriers are increasingly replacing legacy TMS platforms with AI-native operating s
The Military Doesn't Just Train Drivers. It Builds Citizens. Maybe That's What We're Missing. I've held a CDL-A with all endorsements for 25 years. I'm still licensed today, renewed my TWIC and hazmat last month. I've taught CDL driving for years under a Virginia DMV license. I also teach teen behind-the-wheel training in Virginia under the Department of Education and DMV. I'm telling you this because what I'm about to describe is what I see every week when teenagers get in my car. A 17-y
Marten's fourth quarter was better than the third Truckload carrier Marten Transport reported earnings for the fourth quarter that reflected the first stirrings of freight market economics improvement that were evident at the end of 2025. While the company's net income and operating ratios were weaker than in the fourth quarter of 2024, sequentially Marten (NASDAQ: MRTN) had mostly better numbers than the third quarter, which it touted in the pr
Waabi hauls in $750M Series C to become Canada's newest autonomous vehicle unicorn Toronto-based Waabi announced Wednesday that it closed an oversubscribed $750 million Series C funding round. The autonomous vehicle technology company secured an additional milestone-based investment from Uber, bringing total available capital to $1 billion. The funding, the largest fundraise in Canadian history, will fuel continued advancement of Waabi's Physical AI Platform. The platform will
Diesel surging on cold weather, more increases in DOE/EIA benchmark loom An oil market that was the friend of consumers for much of the fourth quarter has now turned to be a serious headwind, with the futures price of ultra low sulfur diesel settling Tuesday at its second-highest price in almost two years. The rising price of diesel futures, even before the latest surge in recent days, was reflected in the Department of Energy/Energy Information Administration average
UPS sees higher profits in 2026 from network, Amazon downsizing UPS on Tuesday said it would eliminate an additional 30,000 frontline jobs and at least 24 facilities as part of a multiyear strategy to recharge growth through a planned decoupling from Amazon and downsizing of its parcel delivery network to match lower volume flow. Efficiency gains from the restructuring helped exceed forecasted fourth-quarter earnings despite a 10.6% decline in average daily d
Teen Truckers Won't Fix a Problem That Doesn't Exist The Federal Motor Carrier Safety Administration published a notice this week inviting public comment on the American Trucking Associations' request to extend the Safe Driver Apprenticeship Pilot Program for another five years. The ATA wants to keep putting 18- to 20-year-old drivers behind the wheel of Class 8 trucks in interstate commerce, citing what it calls "positive safety outcomes." This is
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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