Texas GulfLink gets its deepwater port license U.S. Transportation Secretary Sean P. Duffy today announced that Texas GulfLink LLC has received a license to own, construct, and operate a deepwater port for the export of crude oil from the
Auerbach's new ECO heavy lift ships will have NexusWave connectivity Hamburg-headquartered Auerbach Schifffahrt is to install Inmarsat Maritime's NexusWave connectivity solution across a fleet of eight ECO newbuild heavy lift ships on order at China's Taizhou Sanfu Shipyard. The designs set new
TTB 2026: Where AI is delivering results on the river A panel at Marine Log's upcoming Tugs, Towboats & Barge (TTB) 2026 conference entilted "AI on the River: Where Automation Is Actually Paying Off Today" will take a practical, real-world look at
Op-Ed: The new reality of maritime technology procurement Maritime technology procurement has changed quietly, but fundamentally. A decade ago, many buying decisions were driven by features, price comparisons and implementation speed. Today, those factors still matter, but they are no
Great Lakes ports study inland waterways cargo expansion The American Great Lakes Ports Association (AGLPA), including members Ports of Indiana, the Illinois International Port District (IIPD), and Port Milwaukee, in partnership with the Great Lakes St. Lawrence Seaway Development Corporation
Alaska Marine Lines completes overhaul of veteran tugboat Polar King Alaska Marine Lines (AML), one of the Lynden family of companies, reports that its 50-year-old tugboat Polar King is back on the water following a complete overhaul (see earlier story). The 120
VIDEO: Windward Offshore takes delivery of Windward Paris Hamburg-headquartered Windward Offshore has officially taken delivery of its second Commissioning Service Operation Vessel (CSOV), Windward Paris. Built by Fincantieri's Norwegian subsidiary Vard, it was delivered ahead of schedule by its Vard
Hempel completes first applications of next-gen Hempaguard NB Hempel has successfully completed the first ever applications of its next-generation silicone hull coating, Hempaguard NB, which, as its name implies, has been specifically designed for newbuilding yard applications. One of the
Sunrise Wind is fifth of five paused wind projects set to resume ops All five of the offshore wind projects paused by the Trump administration on Dec. 22, 2025, citing "national security risks" apparently related to radar clutter, have now won court orders allowing them
CMA CGM updates FAK rates from Indian Subcontinent to Europe and North Africa CMA CGM has announced new FAK rates for dry cargo shipments moving from the Indian Subcontinent to North Europe, the Mediterranean, and North Africa, effective 15 February 2026 until further notice. From North West India The new rates from North West India are set at USD 2,400 per 20-foot container and USD 2,400 per 40-foot container for shipments to North Europe and the Mediterranean. Cargo movi
Inmarsat to deploy NexusWave on Auerbach fleet Inmarsat Maritime, part of Viasat, will deploy its NexusWave connectivity solution across Auerbach's fleet of newbuild heavy lift vessels. The service will support the German shipowner's connectivity requirements for its next generation of ultra-efficient multipurpose ships. Hamburg-based Auerbach has launched a fleet renewal programme to meet growing demand for project cargo transport and to pre
Cavotec supports first shore power car carrier in Europe Cavotec has supported a major milestone in European port electrification with the first-ever shore power connection of a car carrier at a European port. The operation took place in Bremerhaven, Germany, where the 200-metre pure car and truck carrier (PCTC) Lake Shirasagi successfully connected to shore power while alongside. Cavotec supplied a PowerReceive shore power system and provided commissi
Kuehne+Nagel expands air cargo operations in Frankfurt Kuehne+Nagel has signed a lease agreement with Fraport AG for a new 7,600 sqm air cargo facility at Frankfurt Airport's CargoCity South. The new facility marks a strategic investment in the company's global air logistics network. It aims to strengthen air cargo connectivity across key international trade lanes. Completion and handover are scheduled for end-2028. Frankfurt Airport is one of the wo
AD Ports Group constructs Africa logistics monopoly through strategic port clustering Abu Dhabi operator's third Atlantic coast entry in 30 months reveals systematic regional network building strategy as DRC gateway secures critical minerals export infrastructure control
How Automation Is Transforming Containerized Shipping for E-commerce Businesses Containerized shipping used to feel far removed from everyday e-commerce operations. Delays, blind spots, and rigid timelines were accepted as part of the process, even when they affected customers and cash flow. Automation is changing that relationship by bringing clarity, speed, and control closer to your business. This article explores how automated systems are reshaping containerized shipping
Maritime tensions surge in critical chokepoints, yet industry proves resilient Two flashpoints in the world's most strategic waterways are flaring simultaneously, raising fresh concerns about global shipping stability as Iran intensifies warnings over potential Strait of Hormuz conflicts while China's coast guard maintains near-daily patrols around the contested Senkaku Islands
Klaipeda Port launches first phase of largest-ever expansion Klaipeda Port has taken a major step toward its largest expansion project with the launch of a procurement process for contractors in the southern area. The Klaipeda State Seaport Authority has opened the first-stage tender for the construction of the southern port gates. The selected contractor will deliver the initial infrastructure works. Algis Latakas, Director General of the Klaipeda State S
CMA CGM to apply PSS from North Europe to West Coast South America CMA CGM has announced the introduction of a Peak Season Surcharge on shipments moving from North Europe to the West Coast of South America. The surcharge will take effect from 1 March 2026 until further notice and will apply to dry cargo only. It will cover shipments originating from all ports in North Europe, including Scandinavia and the Baltics, destined for the West Coast of South America. CM
Maersk and Hapag-Lloyd to route one Gemini service through Red Sea and Suez Canal Maersk and Hapag-Lloyd have decided to reroute one of their jointly operated services under the Gemini Cooperation through the Red Sea and the Suez Canal, marking a limited return to the route. All transits will be conducted with naval assistance. The service affected is the IMX service, which connects India and the Middle East with the Mediterranean. From mid-February, the revised routing will a
AD Ports Group signs heads of terms to explore development in Matadi Port AD Ports Group announced the signing of Heads of Terms with the Democratic Republic of Congo's Ministry of Transport, Communications, and Opening Up for the development and operation of a multipurpose terminal in Matadi Port. The Heads of Terms were signed at the Presidential Court in Abu Dhabi by H.E. Jean-Pierre Bemba Gombo, Deputy Prime Minister and Minister of Transport and Communications - D
Port of Gothenburg achieves record container volume in 2025 A growing range of shipping services, congestion at Europe's ports, and an efficient rail connection between the port and the rest of Sweden. These are key reasons why 2025 became a new record year for the Port of Gothenburg, with 934,000 handled TEUs. This represents growth of 4% compared with the previous year and is also the highest full-year volume ever recorded in the port's history. Claes S
The Port of Liverpool welcomes record ADM shipment from the US The Port of Liverpool has received its largest ever shipment from ADM, marking another major milestone for the port's bulk handling capability and its role in supporting the UK's food and feed supply chains. The vessel, arriving from New Orleans, USA, measured 229 meters in length and carried over 67,000 metric tonnes of product, making it the largest ADM consignment ever handled at the port. The
Hemisphere returns to port of Ipswich Associated British Ports welcome Hemisphere Freight Services back to the Port of Ipswich, where the company has taken up occupation in a newly refurbished warehouse facility. The move marks a strategic expansion for Hemisphere, whose engineering and packing teams will now be based at the port, supporting its growing international logistics operations. ABP has invested £250,000 in the site to deli
Maersk to remove ASAS2 voyage on Asia East Coast Latin America service Maersk has announced a schedule adjustment on its Asia-East Coast Latin America ASAS2 service in connection with the upcoming Chinese New Year holidays and in response to demand fluctuations. The carrier said it will remove one westbound and one eastbound voyage from the rotation. On the westbound leg, voyage 609W will be omitted, with the first affected port being Shanghai, originally scheduled
IMO advances wind propulsion framework BAR Technologies has welcomed the International Maritime Organization's (IMO) decision to include wind propulsion in its draft safety framework for greenhouse gas reduction technologies. The move follows the 12th session of the IMO's Sub-Committee on Ship Design and Construction (SDC). The IMO committed to develop interim safety guidelines for wind propulsion systems by 2029. The decision marks a
APM Terminals' strategic positioning following Panama Supreme Court ruling Panama's Supreme Court annulled CK Hutchison's concessions for Balboa and Cristóbal terminals, declaring the contracts, with APM Terminals immediately signaled willingness to assume temporary operations once the ruling becomes final and binding
Western carriers cede polar waters as China doubles down on Northern Route As MSC reaffirms its Arctic ban, Chinese shipping lines are quietly establishing dominance in polar waters transforming environmental pledges into geopolitical markers and creating a strategic divide that may define maritime competition for decades
ONE announces changes to agency representation in Senegal Togo and Benin Ocean Network Express has announced upcoming changes to its agency representation in Senegal, Togo, and Benin as part of its ongoing network and service development in West Africa. In Senegal, Compagnie Sénégalaise de Transports Transatlantiques - Afrique de l'Ouest (CSTT-AO) has been appointed as ONE's new agent, effective 1 March 2026 , following an initial advisory issued on 30 December 2025.
Red flags raised over growing cargo theft and freight fraud Cargo theft and freight fraud are climbing sharply across global supply chains, prompting a joint warning from the International Union of Marine Insurance (IUMI) and the Transported Asset Protection Association (TAPA). The two organisations said incidents are rising across Europe, the Americas and Africa, with Latin America and parts of Africa seeing particularly violent attacks. ...
Maersk and Hapag-Lloyd to route one Gemini service through Red Sea Maersk and Hapag-Lloyd are set to resume Red Sea transits on one of their shared Gemini Cooperation services, marking a cautious step back into the corridor after months of widespread diversions around the Cape of Good Hope. The Danish and German carriers said the ME11 service, linking India and the Middle East with the Mediterranean, ...
Diana locks in higher rates in Cobelfret charter extension New York-listed Greek dry bulk owner Diana Shipping has secured a direct continuation of the charter for its post-panamax, keeping the vessel employed with operator Cobelfret. Under the new deal, the 98,697 dwt Amphitrite will earn a gross rate of $13,000 per day for the first 30 days, rising to $16,500 per day for the ...
Posidonia turns into a month-long shipping marathon Posidonia has a new record to go alongside its position as the world's most famous shipping show. The 2026 edition of the Greek shipping showcase is set to run across nearly a month of activity, as organisers stretch the event into a three-week programme of conferences, meetings, networking, social and sporting events, making it the ...
AD Ports Group moves to develop multipurpose terminal in DRC AD Ports Group has signed a preliminary agreement with the Democratic Republic of Congo's Ministry of Transport and state transport body Onatra to explore the development and operation of a multipurpose terminal at Matadi port. The letter sets out a framework for cooperation between the Abu Dhabi-based ports and logistics group and the Congolese authorities, ...
Atlas Maritime reloads suezmax orderbook Greece's Atlas Maritime has jumped straight back into the suezmax market, ordering new tonnage at South Korea's DH Shipbuilding after locking in gains from tanker resales. Market sources say the Leon Patitsas-led owner has booked two firm suezmax newbuildings at the yard, with options attached for a further two vessels. Pricing is understood to be ...
Carriers face 'structural reset' as container supercycle ends Liner shipping's descent into loss has been predicted repeatedly throughout the notoriously hard-to-predict 2020s. Now, however, the doomsayers are speaking in a louder voice. Asian consultancy Linerlytica, for instance, has warned in its latest weekly report that container shipping's cash windfall is about to dry up as the sector's super-cycle comes to an end. Japanese ...
Bruton weighs further VLCC options Tor Olav Trøim-backed VLCC owner Bruton is in talks with China's New Times Shipyard over options for up to two more vessels, as it continues to bulk up its newbuilding pipeline. The Oslo-listed company said it is discussing the potential additional options, which, if agreed, would lift Bruton's VLCC newbuilding programme to a total of ...
MPC Capital and Morten Astrup roll out new shipping investment platform German asset manager MPC Capital has teamed up with Norwegian investor Morten Astrup's Storm Capital Management to launch a new shipping investment platform, kicking off with a $35m first close. The platform, dubbed MPC Storm Maritime Opportunities (MSO), has secured backing from a small group of seasoned maritime investors and is targeting more than $70m ...
Guilty verdict in high-profile North Sea crash case A jury at the Old Bailey in the UK found Russian captain Vladimir Motin guilty of manslaughter by gross negligence after his containership, Solong, ploughed into the anchored US-flag tanker Stena Immaculate off the Humber last March, triggering a deadly jet-fuel inferno that killed tanker crewman Mark Angelo Pernia. The Stena Immaculate was laden with ...
US-India trade deal sparks tanker reroute A trade pact between the US and India that cuts American tariffs and ties New Delhi to a halt in Russian oil purchases has sent immediate tremors through tanker markets, with charterers and owners scrambling to rework routes, stems and bunker plans even as the deal's legal mechanics remain vague. The headline pledge - India ...
Costamare Bulkers finds buyer for its oldest ship Costamare Bulkers, the New York-listed outfit operating out of Monaco, is picking up the pace on its fire sale as the owner looks to cash in ahead of Chinese New Year. For the second consecutive week, the Gregory Zikos-led group is reported to be flooding the secondhand market with ships. The latest vessel noted on ...
Shipping share performance continues to trounce broader stock market It was a fantastic year for shipping stocks in 2025 and the bull run continues in 2026. It's not just...
Tension flare as Iranian gunboats threaten to board US-flagged tanker Tensions in the Middle East Gulf between the US and Iran, already high, escalated on Tuesday. Iran's armed forces harassed...
Syrian trade surges nearly sixfold a year after government takeover Syria's traceable maritime traffic has peaked to its highest level since the civil war ended and sanctions were gradually lifted...
Malaysia releases sanctioned tankers suspected of transferring Iranian oil Malaysia's detention of two shadow fleet tankers performing an unlicensed ship-to-ship transfer off its coast proved to be short-lived, both...
First Venezuelan LPG export cargo departs for US Loading of cargo on Greek-owned LPG carrier Chrysopigi Lady was 'historic', according to interim president
Maersk and Hapag-Lloyd confirm Gemini's Red Sea debut Rerouting of 'ME11' service marks the second Maersk-operated container line service to resume Suez transits, following the return of a...
Absolutely nuts: off-spec bunkers cut with cashew shell residues 'We don't get members contacting us, we had some lovely fuel yesterday. But we get notified when there are problems,'...
Charter market firms as some carriers appear to abandon near-term Red Sea return After pausing earlier in the year amid uncertainty over routeing strategies, several carriers have re-entered the charter market to cover...
Busan records all-time high in cargo handling driven by transhipment growth The drive to enhance operational efficiency through digital innovation has prompted global carriers to restructure their shipping routes
Better crew medical services are becoming a 'must', says start-up Greece-based Health4crew is on a mission to improve care and support for seafarers, but acknowledges that shipowners and managers in...
Solong master guilty of manslaughter Captain Vladimir Motin was the only crew member on watch when the containership collided with tanker Stena Immaculate
A South Korea-India shipbuilding partnership brings more than just supply chain diversity Developing an entirely new ecosystem in India allows South Korean yards to cater to domestic demand, access untapped markets and...
The Daily View: Transparency now matters
Daily Briefing EU set to restrict foreign ownership of ports amid security risk review | Port ownership is now a question of...
Carriers try new rate hike on Asia-Latin America, but fresh capacity provides headwind CMA CGM and Hapag-Lloyd are seeking a general rate increase of $1,000 per FEU starting March 1 to reverse a steady spot rate decline that began in July 2025.
Solid January demand to largely mute Lunar New Year air freight rush Momentum from robust growth on some Asian export trade lanes following the Christmas holidays has now slowed, with forwarders and analysts expecting muted demand over the coming two weeks.
Maersk, Hapag-Lloyd confirm they'll route Gemini service through Suez The India/Middle East-Mediterranean service will be the first Gemini loop in two years to transit the Red Sea, with plans for other services to follow "where possible," the alliance partners say.
Auto tariff wars in Mexico, South Africa threaten to torpedo Indian ro/ro trade The two markets hold high stakes, pegged at $2 billion in combined export value for both homegrown and global auto brands in India.
Cosco unit banks charters worth $730m for three new large gas carriers Chinese-built vessels are said to be very large ethane carriers
Chinese shipbuilding giant CSSC opens new office in Qatar Companies flock to Doha as Bureau Veritas joins throng with gas hub
Will he or won't he? Robert Bugbee sets up procedure to sell $17m worth of Scorpio shares Company president sets up a right, but not an obligation, to sell large holding for first time since January 2024
Epstein files show scope of Ghislaine Maxwell transfers to former CargoMetrics chief executive Documents show UBS alleged that $18.3m had been transferred between accounts of disgraced socialite and maritime tech CEO before her arrest
Red Sea shipping return bolstered by liner alliance as Houthis hold fire Container ships from major players start to shift from Cape of Good Hope as ceasefire holds
Broker Gibson's new finance arm sets up funding for four tankers London shop's new capital division trumpets latest transaction
Angelicoussis Group executive Stohle blasts IMO and urges industry to have a voice in regulations Shipping leaders speak about challenges around green fuel transition
DHT downgraded after tanker sale as ABG lowers profit sights Analysts cut estimates for 2026 and 2027 following $51.5m deal
Trade deal spark: US-India pact could supercharge VLCC market if Russian oil is sidelined Clarksons and Bimco see mainstream tanker utilisation jumping, boosting rates
Nearly 50,000 Ukrainian seafarers have not returned home since Russian invasion Seafarers have remained outside of the country to keep working and avoid military call-up
Munich Re pumps $180m into Fred Olsen's wind turbine vessel operation German insurer becomes a shareholder to drive growth at Norwegian shipowner
Angellicousis Group executive Stohle blasts IMO and urges industry to have a voice in regulations Shipping leaders speak about challenges around green fuel transition
MSC-Sinokor VLCC tie-up linked to high-spec tanker at 'firm benchmark' price Agneta Pallas III said to have joined the queue of big tankers sailing over to reported new alliance
Iran tensions: Armed boats harass ship in Strait of Hormuz Incident comes amid heightened threats to shipping in the region
Greek owners power shipping dominance of Oslo bond market Shipping accounts for the largest share of non-Nordic issuers
Baltic Exchange profit plunge fuels search for new income streams UK data provider says it wants to expand and diversify its operations
Capesize spot rates finally hit seasonal speed bump Futures market on Monday seemed to indicate it had peaked
India's Adani Group swells shipping fleet to record size Owner says ongoing acquisitions provided a boost to its bottom line
Glencore ties up Greek product tanker on five-year deal as rates spike Swiss trader moves for modern scrubber-fitted vessel in strong spot markets
Russia crude ban tied to US trade deal leaves India's refiners in limbo Washington again claims India will stop buying Russian oil as part of pact
Woodside narrows down shortlist of owners for raft of LNG newbuildings Battle for LNG berths is heating up as newbuilding talks for one major player move forward
Economou and Tsakos sell capesizes as Asian demand 'inundates' S&P market Vibrant freight rates support robust secondhand activity among big bulkers
Traders turn to floating storage as they struggle to sell sanctions-hit Russian oil More vessels are being idled to hold crude as sanctions give customers pause
Product tanker makes maritime history as the largest fishing vessel broken up for scrap Recycling project gets Priya Blue Industries another Guinness World Record award
Three injured during ferry engine-room fire There were 92 passengers on board when 43-year-old vessel lost power
How carbon capture could open up a new shipping market at the expense of pipelines Global CCS Institute projects represent a huge demand boost for CO2 carriers
Two killed and 14 injured in explosion at major Iranian export terminal Authorities stress blast was caused by gas leak, as tensions with US remain high
Captain arrested in heroin smuggling case two weeks after joining boxship Master of YM Horizon held after allegedly making contact with drugs cartels
VLCC venture Bruton raises $50m in private share issue to fund newbuildings Tor Olav Troim-backed firm completes overnight equity issue
Greek gas carrier exports first Venezuelan LPG to US under new deal South American country's interim president hails historic achievement
Diana Shipping secures higher charter rate in extension with Cobelfret Post-panamax bulker will earn $16,500 per day from new deal
Atlas Maritime swoops on extra suezmax newbuildings after resale asset plays Leon Patitsas and Nordic investment partners order up to four vessels at DH Shipbuilding
Three severely injured during ferry engine-room fire All 92 passengers disembark safely after 43-year-old ferry lost power
Expanding Greek owner Venergy firms up fresh tanker batch at K Shipbuilding Vyron Vasileiadis boosts orderbook to 10 vessels and has more in the pipeline
Raffles Tankers reveals tanker acquisition from Chinese shipowner Nanjing Tanker MR2 has joined the Singapore-based owner
Chinese owner's only MPP heads for auction with wide valuation gap Oriental Luna is being offered with a starting price $3.2m less than its estimated value
South African banker joins Transport Capital as it expands into Africa Singapore finance firm makes latest high-profile hire as part of global expansion
First hopes of breakthrough in $1bn Sri Lanka pollution dispute Protection and indemnity industry was spooked by huge compensation demand after 2021 spill of plastic pellets
Sorfleet retires at CSX; Chand new CAO CSX has announced the retirement of Chief Administrative Officer Diana Sorfleet and the appointment of Riz Chand as chief human resources officer. Sorfleet retires after almost 15 years with the company, which credits her with a central role in CSX's people strategy and strengthening its culture. She helped guide the company through organizational transformations including transitions with four C
Felony Child Abuse Charge Filed Against Wichita Freight Company Executive The CEO of King of Freight, a shipping company based in Wichita, Kansas, has been charged with felony child abuse and has stepped down from his leadership position as legal proceedings begin, according to court records and company communications. Michael Ricklefs, who served as CEO and was listed as part owner of King of Freight, was arrested on January 11, 2026, and charged with felony child abu
Losses continue at Heartland; margin moves in right direction Truckload carrier Heartland Express reported another net loss on Tuesday, but again logged sequential operating improvement. The North Liberty, Iowa-based company reported a headline net loss of $19.4 million, or 25 cents per share. However, the result included a $19 million impairment charge associated with its decision to integrate and rebrand the Contract Freighters, Inc. (CFI) fleet, which it
Navigating complexity: How comprehensive logistics solutions drive resilience In today's unpredictable freight landscape, complexity has become the only constant. Between shifting trade patterns, labor constraints, and rapidly evolving customer expectations, shippers are being forced to rethink how they design and manage their transportation networks. During a fireside chat at F3: Future of Freight Festival, Christopher Clemmensen, Executive Vice President of Marketing at
Diesel benchmark and futures move up again, but with possible signs of a peak The diesel price used as the benchmark for most fuel surcharges continued its upward climb this week, though volatile market trends and the march of the calendar may signal a peak in the recent surge. The Department of Energy/Energy Information Administration average weekly retail diesel price rose 5.7 cents/gallon to $3.681/g. It's the third consecutive week of higher prices. That trio of upward
Echo embraces bottom-up AI strategy to transform operations As artificial intelligence continues to reshape the logistics industry, Echo Global Logistics is discovering that the path to significant productivity gains requires more than simply applying new technology to old processes. In a recent conversation with FreightWaves, Zach Jecklin, CIO of Echo, shared how the company's evolving AI strategy is unlocking transformative improvements by rethinking wo
Veho to flex delivery speed for price-sensitive e-commerce sellers Parcel carrier Veho is rolling out an innovative AI-enabled delivery option that gives price-sensitive e-commerce brands the ability to save on shipping costs by trading day-definite delivery for more open-ended delivery windows at a lower rate. The technology, if it works as advertised, would shift the current paradigm of moving parcels through regional or super regional networks on a first-in,
Carriers say military to secure Red Sea voyages Military forces will assist one of the largest container shipping alliances in its return to a violence-plagued Middle East trade route. A.P. Moller-Maersk and Hapag-Lloyd said Tuesday that they are routing one of their shared services through the Red Sea and the Suez Canal. All transits will be secured by naval assistance, the companies said in an announcement. They did not offer further details
Japanese machine tool orders surge in December 2025, signaling robust industrial momentum The Japan Machine Tool Builders' Association (JMTBA) released its latest monthly data today, revealing a strong finish to 2025 for the sector. Total machine tool orders in December reached 158.64 billion yen ($1.05 billion at current exchange rates), marking a 15.8% sequential increase from November's 137.01 billion yen. This represents the first month-on-month growth in two months and pushes ord
Transportation metrics show further tightening in January January transportation metrics again signaled a tightening market, according to a monthly survey of supply chain managers. The Logistics Managers' Index-a diffusion index in which a reading above 50 indicates expansion while one below 50 signals contraction-displayed a 47.1 reading for transportation capacity in January. That was a second straight month of contraction, albeit 10.2 percentage poin
New industrial development worth $7.7B for Norfolk Southern in 2025 Norfolk Southern Corp. announced that its customers advanced over 60 industrial development projects in 2025, representing a significant $7.7 billion in industry investment for new or expanded rail-served facilities along the railroad and its short line partner routes. The company (NSE: NSC ) in a release characterized the industrial environment in 2025 as "two speed," with the U.S. Manufacturing
Werner settlement ready to go in drivers' lawsuit that dates to 2014 Eleven years after the lawsuit was first filed, the details of an $18 million settlement between Werner Enterprises and roughly 100,000 drivers have been disclosed. The settlement now awaits final approval by the U.S. District Court for Nebraska. While the specifics of the deal are now being disclosed for the first time, the agreement between Werner and a class of drivers was first disclosed in c
Texas logistics real estate heats up with port, border-driven projects A wave of logistics real estate projects and land deals across Texas since late January highlights how developers and shippers alike are positioning for long-term freight demand tied to ports, border trade and population growth. From port-adjacent industrial parks in Houston to infill warehouse plays near Dallas-Fort Worth and cross-border infrastructure investments in South Texas, the activity u
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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