GAO reports on Navy and USCG shipbuilding woes The U.S. Government Accountability Office (GAO) has now released a report recently submitted in testimony before the House Subcommittee on Seapower and Projection Forces, Committee on Armed Services and the Subcommittee on
VIDEO: Marines board containership as Iran blockade continues Yesterday, U.S. Marines from the 31st Marine Expeditionary Unit boarded M/V Blue Star III, a commercial ship suspected of attempting to transit to Iran in violation of the U.S. blockade of Iranian
Orca AI and SHI team up on next-gen autonomous vessel tech London, U.K. - headquartered maritime AI specialist Orca AI has signed a Memorandum of Understanding (MoU) with shipbuilder Samsung Heavy Industries (SHI) aimed at accelerating the development, deployment and scaling of next-generation
Seaside LNG appoints new C-suite leadership team Houston-headquartered LNG-bunkering specialist Seaside LNG has announced the appointment of a newly formed C-suite leadership team. The company says that, as the only platform in North America offering integrated shoreside liquefaction, LNG
Navy awards Ingalls $283M FF(X) lead yard contract HII (NYSE: HII) reports that the U.S. Navy has awarded its Ingalls Shipbuilding division a $283 million contract to perform FF(X) class frigate lead yard support activities. The contract allows Ingalls Shipbuilding
Freightos Weekly Update: Transpac ocean rates continue to edge up on Iran pressure Increased fuel costs from the Strait of Hormuz closure continues to keep container rates elevated during the post-Lunar New Year, pre-peak season, low demand season for ocean freight when prices normally reach their floor for the year. Even with this pressure however, rates are well below spikes caused by recent disruptions like the Red Sea crisis and trade war frontloading. Asia - Europe rates e
Baltic Sea Ports convene in Hamburg to advance green corridor Senior representatives from ports, industry and policy institutions across the Baltic Sea Region gathered in Hamburg on April 23 for a workshop examining the energy transition and decarbonisation of transport, held at the HHLA Container Terminal Tollerort. The event was organised by the Free and Hanseatic City of Hamburg's Senate Chancellery Baltic Sea Strategy Point in cooperation with Port of H
Port of Antwerp-Bruges integrates digital platform The shareholders of RX/SeaPort, the Port of Antwerp-Bruges and APZI have reached an agreement on the principles of cooperation for integrating the digital platforms RX/SeaPort and NxtPort into a single unified system. The integration will be managed under a new entity designated RX/NxtPort and represents a significant step in the ongoing digitalisation of the maritime and logistics chain at the P
Hanseatic Global Terminals appoints Paulo Ruy Tung as Senior VP Commercial in Latin America Hanseatic Global Terminals (HGT) Latin America has appointed Paulo Ruy Tung Pedroso as Senior Vice President Commercial, effective June 1, 2026. He holds a degree in Business Administration from INSPER in São Paulo. He brings extensive experience in the maritime, port and logistics sectors. Before joining HGT, he served as Head of Terminal and Port Procurement for Latin America at Maersk. In that
Inland Port Greer drives growth in Southeast intermodal logistics Inland Port Greer continues to prove its role as a key intermodal hub in the U.S. Southeast, offering strong rail connectivity to the Port of Charleston and regional markets. The facility handled nearly 200,000 rail moves in 2025, marking a record year and reinforcing its position as a high-volume, short-haul intermodal solution. Located along the I-85 corridor between Atlanta and Charlotte, the
Costamare posts $75.3 million net income in Q1 2026 and orders 16 newbuilds Costamare Inc. (NYSE: CMRE) reported net income of $75.3 million ($0.62 per share) for the first quarter of 2026. Adjusted net income stood at $76 million ($0.63 per share). Liquidity reached $644.4 million. Voyage revenue fell 7.2% year-on-year to $201.6 million. Lower charter rates on certain vessels and increased dry-docking days drove the decline. Income from leaseback vessel investments rose
Trump hardens stance on Iran as Hormuz crisis disrupts global trade U.S. President Donald Trump warned Iran to comply with Washington's nuclear demands, as a U.S. naval blockade continues to pressure Tehran's economy. Trump is expected to reject Iran's latest proposal to reopen the Strait of Hormuz , according to U.S. media reports. He plans to maintain the blockade until Iran agrees to dismantle its nuclear program. "Iran can't get their act together... They bette
Fire destroys mobile harbor crane at Port of Itajaí - No injuries reported A major fire destroyed a mobile harbor crane (MHC) at the Port of Itajaí on the night of April 25, 2026. Official reports from the Port Authority confirmed that the incident resulted in no injuries or fatalities. The blaze started at approximately 9:30 PM at the JBS Terminais facility. According to the terminal operator, the crane was stationary for maintenance when the fire began. The flames qui
Six Governments Accuse China of Weaponizing Maritime Trade A coordinated US-led diplomatic statement over detained Panama-flagged ships signals that the canal ports dispute has crossed from commercial arbitration into open great-power confrontation
World's largest car carrier delivered in China with 10,800 CEU capacity China has delivered the world's largest car carrier, marking a new milestone in global automotive shipping capacity and shipbuilding capabilities. The vessel, named Glovis Leader, has a capacity of 10,800 car equivalent units (CEU). It was built by Guangzhou Shipyard International under China State Shipbuilding Corporation and delivered in Guangzhou. The ship will be owned by HMM and operated by
COSCO SHIPPING Ports reports solid Q1 growth as throughput nears 39 million TEU COSCO SHIPPING Ports reported steady growth in the first quarter of 2026, with higher throughput and improved financial performance despite global uncertainty. The company handled 38.9 million TEU, up 8.9% year on year. Equity throughput rose 7.5% to 11.9 million TEU. Revenue increased 10.3% to $420.9 million. Profit attributable to shareholders reached $85.6 million, up 2%. Growth came mainly fr
Rhenus completes full acquisition of LBH Group to expand maritime network Rhenus Group has completed the acquisition of the remaining 49% stake in LBH Global Agencies, taking full ownership of the port agency business. The move follows the initial partnership established in 2023. Rhenus has now acquired the remaining shares from the Lagendijk family, making LBH a wholly owned subsidiary. LBH Group operates in 24 countries and provides port agency services for bulk, liq
US allocates $774 million to upgrade ports and strengthen supply chains The United States Department of Transportation has announced a $774 million investment in port infrastructure, aimed at improving supply chain efficiency and supporting economic growth. The funding, delivered through the Maritime Administration (MARAD), will support 37 projects across coastal seaports, Great Lakes ports and inland river ports nationwide. The projects include rail tunnel expansion
Port of Aarhus posts record results and container volumes in 2025 The Port of Aarhus delivered one of the strongest financial results in its 180-year history in 2025, driven by record container volumes and strong market demand. Revenue reached DKK 406 million, up 8% year-on-year. EBIT surged to DKK 118 million, more than tripling compared to 2024. Container throughput hit a new national record. The port handled 843,665 TEU, an increase of nearly 28%. Growth was
PIL reports $1.04bn profit for FY2025 amid volatile market Pacific International Lines (PIL) reported a net profit of $1.04 billion for the financial year 2025, delivering resilient performance despite softer freight rates and ongoing market volatility. The group recorded revenue of $4.27 billion, slightly below 2024 levels. Strong volume growth helped offset the impact of declining rates. Total volumes increased 17% year-on-year to 2.58 million TEU. Gro
How the Hormuz crisis is rewriting container shipping With 43 top-line vessels trapped, war-risk premiums at twenty times pre-conflict levels the industry is no longer waiting for the strait to reopen
ADNOC L&S takes delivery of sixth LNG carrier to expand global fleet ADNOC Logistics & Services has taken delivery of its sixth next-generation LNG carrier. The vessel strengthens the company's global energy transport capacity. The ship has a capacity of 175,000 cubic metres. Jiangnan Shipyard in China built the vessel. It is part of a $1.2 billion fleet expansion programme launched in 2022. Each cargo can deliver about 1.1 TWh of energy. This equals the winter ga
HJSC secures additional order for two 10,100 TEU container ships HJ Shipbuilding & Construction (HJSC) has secured a new order for two 10,100 TEU container vessels from a European shipowner. The contract is valued at KRW 357.2 billion and follows an earlier agreement signed in February. The latest deal brings the total order to four vessels of the same class. The ships will be built at the company's Yeongdo Shipyard in Busan, its main production facility. The
BW Offshore lands Bay du Nord FEED deal with Equinor Floater specialist BW Offshore has signed a front-end engineering and design (FEED) agreement with Norwegian major Equinor for the Bay du Nord development offshore Newfoundland and Labrador. The FEED agreement formalises the next phase of the project following BW Offshore's selection as preferred FPSO bidder and represents continued progress towards a potential final investment decision ...
Diana Shipping fixes capesize and ultramax at higher rates Greek bulker owner Diana Shipping has entered into time charter contracts for two of its dry bulk vessels with Refined Success and Oldendorff. Refined Success hired the 2010-built, 177,773 dwt capesize New York. The gross charter rate is $27,500 per day, minus a 5% commission paid to third parties, for a period of at least February ...
RWE locks in long-term buyers for Welsh offshore wind farm output German utility RWE has signed two major power purchase agreements (PPAs) to supply renewable electricity from its Gwynt y Môr offshore wind farm to Breedon Group and Network Rail. Breedon Group will receive around 70GWh of renewable electricity per year under a 15-year PPA with RWE, sourced initially from the Gwynt y Môr offshore wind ...
US commits $774m to upgrade port infrastructure nationwide The US Department of Transportation's Maritime Administration (MARAD) has announced a $774m investment into US port infrastructure. A total of 37 projects will receive funding under MARAD's Port Infrastructure Development Program (PIDP). The awards are intended to improve capacity expansion, operational efficiency, and supply chain resilience in coastal seaports, Great Lakes ports, and inland riv
New Zealand flags suspected North Korea sanctions breaches at sea The New Zealand Defence Force (NZDF) has concluded a series of maritime patrols monitoring North Korea's evasion of United Nations Security Council (UNSC) sanctions in the international waters of the Yellow Sea and East China Sea. Patrols conducted by the Royal New Zealand Air Force observed a possible ship-to-ship transfer of illicit goods, reported 35 ...
Vineyard Wind deal set to save $1.4bn on electricity bills for Massachusetts customers The US state of Massachusetts has activated the Vineyard Wind offtake contracts, which are expected to save its residents $1.4bn in electricity bills over the next 20 years. This past winter, Vineyard Wind lowered electricity prices by competing in wholesale electricity markets, consistently offering lower prices than other electricity sources. The activation of the utilities' ...
North Sea skillset seen as answer to UK construction labour crunch The UK Construction Industry Training Board (CITB) is urging offshore workers to consider a career in construction, considering the significant number of transferable skills between the industries. Construction faces a significant and growing demand for skilled scaffolders, with CITB's Construction Workforce Outlook forecasting that nearly 1,400 scaffolders will be needed across the UK by 2029, ...
Cyan Renewables secures long-term AHTS contract in New Zealand Singapore-based offshore wind vessel player Cyan Renewables has signed a contract with OMV to keep one of its anchor handling tug supply (AHTS) vessels operating in New Zealand waters. OMV New Zealand awarded a long-term contract to the 2009-built MMA Vision anchor handler. The deal is for up to five years and will start immediately ...
Delay tactics cast shadow over MEPC Familiar patterns of procedural delay are emerging at this week's critical UN shipping summit in London, with sources close to the negotiations warning that the most contentious decisions are being deliberately deferred to the final hours of the meeting - leaving little time for meaningful resolution. The 84th session of the Marine Environment Protection Committee ...
Geneva Dry hits its stride as deals flow and debate crackles on opening day The third edition of Geneva Dry, the world's premier commodities shipping conference, has opened in style, with a packed first day of dealmaking, debate and networking that underlined the Swiss city's status as a hub for the dry bulk and commodities shipping world. Delegates flooded the conference floor from the opening bell, with shipbrokers, owners, ...
Smart Ship Hub: Digitalisation now a necessity, not a choice The maritime sector has spent years talking about digitalisation, but progress remains uneven. For Smart Ship Hub, the pitch is straightforward: bring everything into one place and make the data usable. Joy Basu, the company's chief executive, frames it as a shift away from fragmented systems toward a single operational layer. "Smart Ship Hub (SSH), ...
Dee4 doubles down on ultramax play Dee4 Capital Partners Fund II has snapped up a second ultramax, continuing its well-timed push into high-quality Japanese-built tonnage. The fund has acquired the 60,500 dwt Only You, a 2017-built unit from Sanoyas, for just under $29m. The vessel has been renamed Dee4 Pine. The ship was sold by another financial player, Alpha Omega. The ...
South Korea binds shipbuilding and shipping in new national industrial strategy South Korea has formally launched a sweeping initiative to align its world-class shipbuilding and shipping industries under a single national strategy, acknowledging years of criticism that the two sectors have failed to capitalise on their combined strengths. The Shipbuilding-Shipping Mutual Development Strategy Council was unveiled at a ceremony in Seoul on 28 April, attended by ...
Mission to Seafarers launches shore-based wellbeing index The Mission to Seafarers is extending its welfare measurement work beyond the ship's rail, launching a new Shorebased Happiness Index to capture the wellbeing of maritime professionals working on land for the first time. The new index mirrors the methodology of the charity's established Seafarers Happiness Index - which has tracked crew welfare for nearly ...
Mercuria steps up fleet push with four bulker newbuilds Swiss commodities trader Mercuria is continuing its move deeper into shipownership with an order for four kamsarmax bulk carriers at Wuhu Shipyard. The 82,000 dwt newbuildings will be tied into Mercuria's global logistics system, marking another step away from its long-standing reliance on chartered tonnage toward a more asset-backed shipping model. For years, Mercuria has ...
Venture Energy and Shenji Energy tie up in green fuel supply push Hong Kong-based Venture Energy has signed a strategic memorandum of understanding with Shanghai Shenji Energy & Environmental Technology, marking a significant step up from existing spot trade cooperation into a broader green fuel supply partnership. The agreement, signed at Shenergy Group's Shanghai headquarters establishes a hybrid supply framework combining spot market flexibility with medium-
CULines books four newbuilds at Huangpu Wenchong China United Lines (CULines) has re-entered the newbuilding market with an order for four 6,400 teu containerships. The Shanghai-based intra-Asian carrier has contracted CSSC Huangpu Wenchong Shipbuilding in Guangzhou for the series, with CSSC Trading involved in the deal. The move marks CULines' first ship order since 2022, when it booked a pair of 7,092 ...
Somali piracy resurgence remains a coastal threat, for now A surge of attacks off northern Somalia - including three hijackings in a week - shows that isolated incidents have...
Supply-side story: why tonnage tightness is driving dry bulk There are a significant number of bulkers stuck in the Middle East Gulf, but there are less visible constraints on...
Ship recycling market stalls as disruptions prompt shipowners to delay scrapping decisions Vessels severely damaged in the Middle East conflict will eventually enter the recycling stream, though they present more complex safety...
Cosco Shipping Energy profits double as Hormuz crisis fuels tanker super cycle The Chinese shipping giant reported a two-fold surge in Q1 profits driven by soaring tanker rates amid the crisis in...
Costamare confirms massive newbuild and chartering deal with Cosco Long-term charters for 16 newbuilds and deal for two secondhand boxships boost contracted revenue to more than $6bn
Buying interest for secondhand containerships being sustained despite market uncertainties Limited supply is pushing prices upward, with ships being sold quickly and some deals happening off-market
US targets banks in a bid to quench China's teapot refiner thirst for Iranian oil The Hormuz crisis has dampened Iranian crude exports globally as total exports approach the lowest point seen in the past...
Net-Zero Framework on knife edge at MEPC84 as countries line up for and against carbon pricing Countries are weighing in for and against a carbon price as part of debate on the Net-Zero Framework - or...
Middle East port update: Wednesday, April 29 Bahrain's airspace has officially reopened and crew changes are possible
The Daily View: Don't worry about bunker price, worry if there is any
Daily Briefing Accusations fly as states clash at UN over freedom of navigation | Shadow fleet VLCC finds legitimate path to compliant...
NY-NJ's Port Newark terminal takes first steps in next big expansion The terminal, jointly owned by Ports America and MSC's Terminal Investment Limited, unveiled new container handling equipment as part of a growth drive to increase capacity by 40%.
ODFL sees signs of growing LTL demand in sequential volume gain The company is one of several LTL carriers reporting growing volumes, though its daily shipments are still down year over year.
More job cuts in the works for Q2 as DSV-Schenker integration continues: Lund DSV CEO Jens Lund, speaking during the company's first-quarter earnings call Wednesday, said the integration of Schenker has been completed in more than 50 countries, with full integration still on tap by the end of this year.
Singapore's PIL bets on volume growth from vessel deliveries, new services Highlighting the carrier's Asia focus and volume growth potential, PIL said it will take delivery of at least two 13,064-TEU container ships this year that could be deployed on long-haul Asia-South America and Asia-Middle East services.
Appeals court rules against Evergreen in Savannah detention fee case The ruling ends a six-year saga during which the Federal Maritime Commission had to decide whether it was a prerequisite that a port be open in order for detention or demurrage fees to be levied.
Canadian review of labor laws linked to hoped-for longshore peace, US diversification The move comes at a delicate moment - months before dockworker negotiations are set to begin on Canada's West Coast in November ahead of the expiration of the current contract next March.
US sanctions on Hengli refinery raise questions about sister shipyard Shipowners say their orders are unaffected by action against yard group's parent
Edda Wind closes deal to sell off fleet to Navigare and North Star Transaction leaves wind vessel owner with no ships or newbuildings
TotalEnergies CEO says Middle East energy flows will take up to three months to reset post-conflict Patrick Pouyanne reveals company got one tanker out of Gulf but insurance withdrawn on a second
Ahti Pool brings in Mona Grannenfelt as operations boss after debut profit Finnish fuel compliance player says it is on track to double revenue in 2026
Mercuria adds VLCCs and bulkers as year-to-date newbuilding spree reaches $1bn Energy trader returns to DSIC for tankers and orders kamsarmaxes at Wuhu Shipyard
Somali pirates attack tanker deep in Indian Ocean After capturing three ships close to Somali shores, suspected hijackers venture further out at sea
Ardmore Shipping inks newbuilding deals and bumps dividend as rates skyrocket Owner also confirms sale of 12-year-old MR tanker
Tanker experts digest impact of UAE exit from Opec Gulf country could put extra 1.5m bpd into the market, but war complicates matters
Saudi Arabia wants IMO to kick climate talks further down the road Clear differences remain as delegates wrangle over course of green shipping
OOIL orders a dozen LNG dual-fuelled container ships worth $2.2bn CSSC's Hudong-Zhonghua will be building the series of neo-panamax vessels
US pushes its LNG to Central and Eastern Europe with 'Trump Peace Pipelines Framework' Producer Venture Global, Greece's Aktor and Albania hook up on $6bn supply deal
Mercuria adds VLCCs and bulkers as year-to-date newbuilding spree tops $1bn Energy trader returns to DSIC for tankers and orders kamsarmaxes at Wuhu Shipyard
Costamare adding 18 boxships in big newbuilding and sale-and-purchase push Greek owner boosts charter backlog as first-quarter profit falls
PIL profit plunges 23% in container shipping's 'challenging market' Despite hurdles, Singapore carrier believes Asia will be a core engine of growth
Russia-trading tanker hit by 'kamikaze' drones in Black Sea Escalation in the Black Sea rises, as Kyiv and Moscow strike each other's vessels
Monjasa expects huge jump in profit amid Middle East disruption Danish bunker and tanker group could make as much as $150m in 2026
Samsung and Orca AI move autonomous navigation systems into newbuildings Shipbuilder and digital tech firm set to integrate each other's systems to enhance fleet-wide autonomy
Trafigura head of dry cargo steps down A prominent figure has departed after 17 years
Former Adnoc vessel mooted for Senegal FSU conversion job Two more LNG steamships are being linked to an infrastructure developer
Greek owner JHI Steamship explains VLCC orders after family asset split Strategy is to develop a modern, efficient and competitive fleet
Goran Rostad joins Lightship to lead offshore push after SSY exit UK shop's former head of offshore returns after March departure
Pao and Woo families move up Asian rich list with shipping and property fortune of $24bn Descendants of Pao Yue-Kong control BW Group and Wheelock
Sustained Strait of Hormuz closure a risk to aluminium industry, CEO warns KCC boss says sector has been hit heavily by Middle East war
SFL targets $50m raise in 'very strong' Oslo bond market CEO Ole Hjertaker says shipping markets are generally good
Container ship grounds metres from luxury Bosphorus homes Vessel refloated after traffic through the strait was temporarily suspended
Bulker markets on track for a more positive year, Clarksons says Earnings expected to be higher, despite turmoil from the Middle East conflict, says London broker
How India can turn its great shipbuilding dream into a reality Mrinal Dutt, who has helped build Gail (India)'s LNG fleet, gives a personal view on what India's shipyards need to thrive
Norwegian investor Galtung Dosvig sells more shares in Klaveness Combination Carriers Stock has risen nearly 40% so far this year in strong markets
Hunter Group brings in interim CEO from Morten Astrup's investment company Erik Frydendal's successor will lead transition
Eight-year-old aframax tanker sells for more than the cost of a newbuilding Pusaka Laut cashes in on soaring values as it sells oldest tanker ahead of taking delivery of replacement newbuilding
DH Shipbuilding's 13-strong orderbook prompts focus on 'high-value' newbuilding projects At least four new vessels came from Greek owner Panos Laskaridis
China's Zhuhai Port warns of overseas risks as earnings slip Ports, shipping and logistics conglomerate pushes logistics and energy growth despite audit scrutiny and softer returns
CU Lines orders midsize container ships after four-year hiatus The company has ordered four 6,400-teu conventional-fuelled newbuildings, costing around $75m each
Asia 'massively in the frame' as Hormuz crisis tests marine cover Insurers say capacity remains, but supply chains and crews face mounting risks
Dragon boat race in Singapore drums up red-hot enthusiasm from shipping Organiser PSA Singapore mulls making dragon boat racing an annual event
Anti-merger group launches as UP, NS prepare to refile application While Union Pacific and Norfolk Southern prepare to file an updated merger application with regulators, rival railroads, shippers and their stakeholders unveiled a unified front aimed at stopping the transcontinental consolidation. The Stop the Rail Merger Coalition in a release late Wednesday warned the merger "would reduce competition, drive up costs for American manufacturers, farmers and cons
First look: C.H. Robinson mostly powers ahead in tough environment for brokers With a classic squeeze setup for a brokerage-higher spot rates to secure freight for contract business booked at a lower number-C.H. Robinson's (NASDAQ: CHRW) first quarter 2026 earnings showed that struggle. But overall, it still came out mostly better than a year ago and in many areas sequentially as well. C.H. Robinson's non-GAAP earnings per share was $1.35, compared to $1.17 a year ago. More
Canadian National's first-quarter profit slips Canadian National reported lower first-quarter profits today, as revenue declined despite an increase in overall freight volume. "We are pleased with how we started the year," Chief Executive Tracy Robinson said on the railway's earnings call. "I am proud of how the team is performing. It speaks to the strength of the network and to the quality of the operating model we've built. We're handling v
Old Dominion eyeing y/y margin improvement in Q2 Old Dominion Freight Line said it's seeing signs that the market is recovering, noting demand consistently improved throughout the first quarter. However, after five months of volumes performing largely in line with normal seasonality, it flagged a bit of a slowdown in April given customer uncertainty around the geopolitical landscape. Executives from the company touted recent business wins on a
How Accurate Shipping Data Is Transforming LTL Outcomes The LTL industry has embraced precision. With dimensioners now standard on many carrier docks and the NMFTA's shift to density-based classification for the majority of freight, the margin for error on shipment data is thinner than ever. Across all carriers, shippers that still rely on outdated measurement practices are still facing re-rates. This is happening on as many as one in four shipments ,
Target opens $265M Houston logistics facility, adds 185 jobs Target has opened a new 1.2 million-square-foot supply chain facility in the Houston market designed to connect directly with global suppliers and respond in real time to store demand, the company said. The site - Target's first-ever "receive center" - represents a $265 million investment and will create about 185 local jobs, expanding the retailer's growing logistics footprint along the Gulf Coa
Texas border bridge revamps truck crossing schedule to reduce wait times U.S. Customs and Border Protection (CBP) is changing commercial crossing hours at the Port of Eagle Pass, Texas, in an effort to reduce long wait times and ease congestion for trucks entering from Mexico. The changes, which take effect Monday, prioritize loaded freight while shifting empty truck movements to later in the day - a move CBP says will better utilize morning capacity and speed up over
UPS to close 27 additional parcel facilities in 2026 United Parcel Service plans to close an additional 27 parcel distribution centers this year as the company continues its aggressive cost restructuring to better align capacity with lower volumes and boost profitability, which fell 25% during the first quarter as short-term cost pressures outweighed growth in revenue per piece. The integrated parcel delivery and logistics powerhouse completed 23 o
The freight brokerage model broke carrier selection On March 4, 2026, the Supreme Court heard oral argument in Montgomery v. Caribe Transport II, LLC, a case that originated from a December 2017 highway collision in which Shawn Montgomery was severely injured after a tractor-trailer veered off the road and struck his stopped vehicle on the shoulder of an Illinois highway. Montgomery sued not only the carrier and the driver but also C.H. Robinson,
The State Department is processing trucker Visa apps again On April 23, a State Department spokesperson confirmed on background that the Trump administration is processing commercial truck driver visa applications again, this time under stricter standards than the system that existed before eight months of regulatory overhaul forced a fundamental change to how foreign nationals obtain commercial driver's licenses in the United States. The Trump Administr
The case for continuous license monitoring Under 49 CFR 391.25, every motor carrier is required to make an inquiry to obtain the motor vehicle record of each driver it employs at least once every 12 months, covering at least the preceding 12 months, from each licensing authority where the driver held a commercial motor vehicle operator's license or permit. At the time of hiring, the carrier must obtain an MVR for every state where the dri
The load is gone and so is the Driver The FBI's Tampa Field Office posted the case on the bureau's most wanted fugitive page on April 17, 2026. The posting is straightforward in its facts and deliberate in its request. The bureau wants footage from the southern portion of the Brevard County rest area near the I-95 South ramp between 1 a.m. and 8 a.m. on April 17. That window tells you what investigators believe happened. Someone met
FMCSA moves to close the door on Clearinghouse fraud The architecture that allowed Brandon Blackburn to check a box on a government website and gain access to a federal safety database covering 3.8 million commercial drivers was not an oversight. It was a design decision. Someone at FMCSA or a policymaker at some point in time decided that SAP self-certification was adequate, that a dropdown menu and four checkboxes constituted sufficient verificat
The fourth wave hits freight: Grant Goodale on AI's game-changing moment Grant Goodale has spent over two decades chasing what he calls "interesting hard problems." In an interview with FreightWaves, Goodale spoke about tackling everything from military contracts requiring security clearances to bank firewall software to running a game studio. But logistics, he said, might finally be the industry that sticks. One reason? Logistics can encompass just about everything.
First look: Old Dominion posts Q1 beat Less-than-truckload carrier Old Dominion Freight Line beat first-quarter expectations on Wednesday, noting that demand improved throughout the quarter. Old Dominion ( NASDAQ: ODFL ) reported first-quarter earnings per share of $1.14, 9 cents above consensus but 5 cents lower year over year. Revenue of $1.33 billion was 3% lower y/y but $20 million ahead of consensus. The result was also better th
Latest trucking nuclear verdict: $81 million, this time in Utah An $81 million verdict in Utah against a building supply company over its trucking operations that killed a preteen is being called the largest civil verdict ever awarded in that state and has entered the discussion about being one of the largest nuclear verdicts in trucking in recent years. The verdict came down in a retrial last month in Utah's Fourth District Court in the case brought by the M
Uncertainty the new baseline, as the Port of Virginia plans to meet the moment VIRGINIA BEACH, Va. - Sarah J. McCoy is a fan of Formula One auto racing, so she didn't have far to reach for a metaphor to describe the Port of Virginia's raison d'être. "When you trade ships for cars and harbors for tracks, the reality is, they're not all that different," the port's interim chief executive said. "What it takes to compete at the highest level of international racing - precision,
Landstar says April yields 'significantly' outpacing seasonality Freight broker Landstar System said Tuesday that the market is in the early stages of an upcycle. It reported notable yield growth during the first quarter, propelling financial results past analysts' expectations. Landstar ( NASDAQ: LSTR ) reported first-quarter earnings per share of $1.16, which was 31 cents higher year over year and 4 cents better than the consensus estimate. (The 2025 first q
Werner swings toward profit as dedicated fuels Q1 uptrend Werner Enterprises posted improved first-quarter results as pricing gains, dedicated fleet expansion and early benefits from its FirstFleet acquisition helped offset lingering freight market headwinds. The Omaha-based carrier reported total revenue of $808.6 million, up 14% year over year, while narrowing its net loss to $4.3 million from $10.1 million a year earlier. Adjusted earnings turned pos
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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