Record of Decision signed for IHNC Lock Replacement Last week, the Hon. Adam Telle, Assistant Secretary of the Army for Civil Works, officially signed the Record of Decision (ROD) for the Inner Harbor Navigation Canal (IHNC) Lock Replacement Study. The
Q&A: Why real-time oil monitoring is gaining ground in maritime As vessel operators extend the working lives of existing fleets, manage growing demands on crews and prepare for the use of alternative fuels, the way they monitor critical machinery is evolving as
"We gave people a way out": Tugboat captain remembers 9/11 Twenty-five years ago, as smoke and debris engulfed Lower Manhattan and thousands searched for a way off the island, New York Harbor's working waterfront became an unexpected lifeline. Tugboats, ferries and other
Bobby Wein named JAXPORT's incoming chief commercial officer The Jacksonville, Florida, Port Authority (JAXPORT) has named maritime industry veteran Bobby Wein its incoming chief commercial officer as part of the port's long-term succession-planning efforts. Wein joined JAXPORT in late August
ABB and Oceanly collaborate on integrated vessel optimization Rapallo, Italy-based vessel performance, data management and fleet optimization solutions specialist Oceanly and ABB are collaborating to give shipowners and operators a more integrated approach to vessel performance, voyage optimization, asset monitoring
Michael O'Sullivan named president of Elomatic Consulting Inc. Finnish consulting and engineering company Elomatic has appointed Michael O'Sullivan president of its North Vancouver, B.C.-based Elomatic Consulting Inc. subsidiary, which was established in 2023 to support the Canadian Coast Guard's Polar
Joe Hughes to be honored with NAMEPA's Lifetime Achievement Award The North American Marine Environment Protection Association (NAMEPA) is to honor Joe Hughes with the 2026 NAMEPA Lifetime Achievement Award. Hughes, who is chairman of the Shipowners Claims Bureau (manager of the
Sea Machines Robotics to supply drop-in autonomy kits for Special Ops vessels Boston-based Sea Machines Robotics reports that it has secured a five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract to supply its commercial, non-developmental, TRL-9, rapidly deployable autonomy kits to U.S .Special Operations Forces
Australia's new Landing Craft Medium fleet will have Kongsberg Maritime waterjets Kongsberg Maritime has entered into an agreement with Austal Defence Shipbuilding Australia Pty Ltd (Austal Defence Australia) to supply Kamewa Steel Series waterjets for the Australian Army's new Landing Craft Medium (LCM)
DP World formalises Mombasa industrial park joint venture DP World and Kenya-based GulfCap Africa have signed a Shareholders Agreement formalising the joint venture behind the planned 222-hectare Mombasa Industrial Park Special Economic Zone, advancing the development from announcement to formal structure. The agreement was signed in Nairobi in the presence of Kenyan President William Samoei Ruto, building on the partnership announced in early August. T
CMA CGM introduces emergency space surcharge on Europe-Oceania trade CMA CGM will introduce an Emergency Space Surcharge on shipments from Europe and North Africa to Australia and New Zealand. The new surcharge will take effect on 21 September 2026 . Surcharge applies to cargo relayed via Asia The measure covers shipments from North Europe, the Mediterranean and North Africa to Australia and New Zealand. It applies to services moving in relay via Asia. CMA CGM wil
Sea-Intelligence: Alliance Network Segregation and Overlap Issue 781 of the Sea-Intelligence Sunday Spotlight reveals a striking level of network specialisation between the alliances on the Asia-Europe and Transpacific trades. Rather than competing head-to-head by offering identical direct port combinations, the carrier alliances are structurally segregating their networks to create unique commercial opportunities. Source: Sea-Intelligence.com, Sunday Sp
Maersk adds Salalah call to AE15 service Maersk will add Salalah, Oman, to the rotation of its AE15 service connecting Asia and Europe. The AE15 forms part of Maersk's East-West network and the Gemini Cooperation. The revised port rotation will be: Qingdao - Kwangyang - Ningbo - Tanjung Pelepas - Jeddah - Suez Canal - Port Said - Damietta - Suez Canal - Salalah - Colombo - Singapore - Qingdao The first eastbound sailing with the new cal
Explaining the new normal in shipping What started as an emergency workaround for shipping industry has hardened into standard operating procedure, after constant hybrid and conventional threats
CMA CGM and NEOLINE add Zeebrugge to wind-powered transatlantic service CMA CGM and NEOLINE have added Zeebrugge as a new port of call on the wind-powered NEOLINER ORIGIN transatlantic service. The addition expands the service's connections between Europe and North America. Zeebrugge joins transatlantic rotation With the new call, the service connects Zeebrugge, Montoir, Saint-Pierre-et-Miquelon, Baltimore and Halifax . CMA CGM said the service operates without trans
Maersk introduces container storage charge in Sierra Leone Maersk will introduce a new Depot Full Container Storage - Origin charge for shipments from Sierra Leone to worldwide destinations. The new charge will take effect on 10 October 2026 and remain in place until further notice. Charges reach US$70 per container Maersk will charge US$35 for 20-foot dry containers . The rate for 40-foot dry containers will be US$70 , while 40-foot high-cube dry contai
CMA CGM introduces PSS of up to US$10,000 on Asia-US trades CMA CGM will introduce new Peak Season Surcharges (PSS) on shipments from the Far East and Indian Subcontinent to the United States. The new charges will take effect on 1 October 2026 and remain in place until further notice. Far East-US surcharge reaches US$5,065 For shipments from the Far East, excluding Bangladesh, to the United States , CMA CGM will apply a PSS of US$3,600 per 20-foot contain
Fire-hit Ro-Ro MIN JIANG KOU under salvage operations off Panama The fire-hit Ro-Ro vessel MIN JIANG KOU is undergoing specialised salvage operations in Panamanian waters, according to the Panama Maritime Authority (AMP). The Marshall Islands-flagged vessel suffered a fire while approximately 600 nautical miles from Panama . The ship is currently unmanned and in blackout condition , with no electrical power available on board. Vessel brought into Panamanian wa
Maersk raises intermodal fuel fees across Central Europe Maersk has announced updated Intermodal Fuel Fee levels for Germany, Austria, Switzerland and Poland. The new percentages will apply from 14 September to 28 September 2026 . The carrier attributed the adjustments to higher global energy prices and fuel availability pressures linked to the security situation in the Middle East. Fuel fees reach 10% across DACH region In Germany, Austria and Switzer
German port workers weigh new wage offer as indefinite strikes loom German port workers are considering a new wage offer following a fourth round of negotiations, with the possibility of indefinite industrial action looming if employees reject the proposal. The latest negotiations between the United Services Trade Union (ver.di) and the Central Association of German Seaport Operators (ZDS) concluded on Wednesday evening in Hamburg. The dispute covers around 11,00
Port of Los Angeles records busiest three-month cargo stretch The Port of Los Angeles handled 955,907 TEUs in August , completing the busiest three-month period in its history. More than 2.9 million TEUs moved through the port during June, July and August. August throughput was roughly in line with the same month last year. However, it stood 6% above the port's five-year August average . Imports exceed 500,000 TEUs Loaded imports reached 500,302 TEUs in Aug
How Suez and Hormuz became a linked risk-transfer market For most of the past, the Suez Canal and the Strait of Hormuz have been analyzed as separate problems: one an Egyptian revenue engine sensitive to Red Sea security, the other a Gulf oil chokepoint sensitive to Iranian behavior
Hapag-Lloyd adjusts inland fuel surcharge in Italy Hapag-Lloyd will adjust its Inland Fuel Floater (Diesel) for inland container transportation in Italy from 21 September 2026 . The carrier attributed the change to continued volatility in international energy markets and fluctuations in diesel prices. Truck surcharge set at 16% The revised surcharge will apply to export and import inland haulage from and to Italy. For truck transportation , Hapag
Maersk introduces emergency UAE surcharge and raises Benelux fuel fees Maersk has announced new emergency cost measures affecting shipments to the United Arab Emirates (UAE) and inland transportation across the Benelux region . The carrier will introduce a US$500 per container Emergency Operational Cost Recovery surcharge (OCR) for contract bookings to the UAE. It is also applying temporary fuel-related adjustments to inland transportation in Belgium, the Netherland
Hapag-Lloyd appoints Anders Boenaes as new COO Hapag-Lloyd has appointed Anders Boenaes as its new Chief Operating Officer (COO), effective 1 October 2026 . The company's Supervisory Board has also extended the contract of Dheeraj Bhatia , Chief Terminal & Infrastructure Officer (CTIO), until 31 December 2029 . Dheeraj Bhatia Boenaes moves into COO role Boenaes currently serves as Senior Managing Director Network at Hapag-Lloyd. He joined the
Baltic Container Terminal completes US$84 million modernization project Baltic Container Terminal (BCT) has completed the second phase of its development programme at the Port of Gdynia in Poland. The project included infrastructure upgrades and new cargo-handling equipment. Combined investment across the first and second phases has exceeded US$84 million . Phase 2 completed at end of June The second phase was completed at the end of June 2026. Works included the con
ESL KHORFAKKAN makes milestone call at Khorfakkan Port Khorfakkan Port has welcomed ESL KHORFAKKAN , the first vessel in Emirates Shipping Line's fleet to carry the name of the UAE city. Gulftainer described the call as a milestone in its longstanding relationship with Emirates Shipping Line (ESL). Vessel arrives from Far East According to Gulftainer, ESL KHORFAKKAN arrived from the Far East via Singapore with approximately 8,000 TEUs . The company s
18 shipping nations warn of structural shift in global maritime trade Eighteen major shipping nations have warned that global maritime trade is undergoing a structural shift as conflicts, trade restrictions and growing fragmentation put pressure on established shipping rules. The Consultative Shipping Group (CSG) said recent disruptions should no longer be viewed as isolated events. The group pointed to the Covid-19 pandemic, the war in Ukraine, drought in the Pana
Piraeus Container Terminal secures Certified Receiver Licence Piraeus Container Terminal (PCT) has obtained a Certified Receiver Licence from the Greek Customs Authority , according to COSCO SHIPPING Europe. The authorisation allows PCT to handle rail transit cargo arrivals directly at its authorised premises . Licence aims to streamline customs procedures COSCO SHIPPING Europe said the new authorisation will help simplify customs procedures for cargo arriv
Bureau Veritas and Everllence sign partnership on decarbonisation and digitalisation Bureau Veritas Marine and Offshore and Everllence have signed a Framework Agreement for Strategic Collaboration at SMM 2026 in Hamburg, establishing a five-year partnership focused on maritime decarbonisation and digitalisation running through September 2031. The agreement brings together Everllence's expertise in marine propulsion, energy systems and emissions-reduction technologies with Bureau
Explainer: Ports enter the hybrid threat perimeter Drone and GNSS fusion platforms signal that port infrastructure has moved from occasional target to structural feature of hybrid warfare
Swire Shipping introduces US$150 rate restoration to Australia and Timor-Leste Swire Shipping will introduce a US$150 rate restoration surcharge on selected trades to Australia and Timor-Leste. The new charge will apply to cargo with a bill of lading date on or after 22 September 2026 . Rate restoration applies to Darwin and Dili The surcharge will apply to shipments from North Asia, Greater China, South-East Asia, the Indian Sub-Continent, Scandinavia, Europe, the UK, the
Lufthansa Cargo agrees to acquire LUG Aircargo Lufthansa Cargo has signed an agreement to acquire 100 percent of LUG aircargo handling GmbH, with the transaction signed on September 7, 2026. The acquisition is described as one of the key pillars of Lufthansa Cargo's growth strategy, intended to create the infrastructural foundation for future profitable growth and strengthen the company's competitiveness in its home market. The acquisition pr
The common language shipping still lacks Shipping's digital ambitions are accelerating faster than the structures beneath them. The industry largely agrees on the need for open standards, but adoption remains constrained by proprietary interests, regulatory fragmentation and the absence of firm mandates. The latest chapter from SplashTech's new magazine. Shipping is no longer digitising in a regulatory vacuum, but the rules ...
25 dead in bulker blaze at Chinese shipyard Twenty-five people have died after a fire broke out on a bulk carrier undergoing repairs at CSSC-controlled Qingdao Beihai Shipbuilding in eastern China on Thursday. The fire started at around 11.15 am local time while the foreign-flagged vessel was being overhauled at the Qingdao yard. Chinese authorities said 42 people were onboard at the time. ...
Cochin and Drydocks World seal Kochi repair venture India's Cochin Shipyard has approved a 50:50 joint venture with DP World's Drydocks World that will take over its International Ship Repair Facility (ISRF) in Kochi, giving the Dubai-based repair specialist the lead role in running the operation. Cochin will transfer the Willingdon Island facility to the new company as a going concern for not ...
New Fortress scraps former Seadrill semisub pair after FLNG plans fade New Fortress Energy has sold two former Seadrill cylindrical semisubs for demolition, ending a four-year effort to repurpose the pair as floating LNG liquefaction facilities. VesselsValue's latest demolition data lists the 2009-built Sevan Driller and 2012-built Sevan Brasil as sold for scrap by New Fortress this month. No sale price or recycling destination was disclosed. ...
Safe Bulkers raises $94m for fleet push Polys Hajioannou-led Safe Bulkers has raised €80.4m ($93.5m) through a private placement, adding fresh capital to fund its growing newbuilding programme and potentially pursue further vessel acquisitions. The New York- and Athens-listed owner placed 12m new common shares with institutional and other eligible investors through an accelerated bookbuild at €6.70 ($7.79) per share. Hajioannou, Safe ...
The return of the small shipowner Sunil Kapoor on why technology is changing the balance in shipping. When we acquired our vessel, several shipmanagement companies approached us. Nearly every conversation began in the same way: "Let me show you our platform." Dashboards. Procurement systems. Performance monitoring. Everything looked impressive on the screen. But most of this technology was no longer exclusive ...
Panagiotidis reshuffles fleet again with Toro LPG spin-off Petros Panagiotidis is returning to the spin-off playbook, with Toro Corp moving to carve out its remaining two LPG carriers into another Nasdaq-listed vehicle and leave itself with a tanker-only fleet. The Cyprus-based owner plans to spin off the 2015-built, 5,000 cu m Dream Arrax and Dream Vermax into AI OKTO Corp, along with $45m ...
Enra pursues new FSO project with China Offshore Malaysia's Enra Group has teamed up with China Offshore Engineering & Technology to pursue a floating storage and offloading (FSO) vessel contract in Southeast Asia. Enra's indirect wholly owned subsidiary, Hexagon Energy Logistics, and the Chinese firm will work exclusively on preparing and submitting a bid once the formal tender process gets underway. The company ...
Ernst Russ doubles down on tankers with Cargill-backed pair German shipowner Ernst Russ has doubled down on its move into tankers, acquiring another two chemical and product tanker newbuildings in China and fixing both to Cargill. The Hamburg-listed group has added two 18,500 dwt sisterships to the four-vessel programme it unveiled in April, taking its fast-emerging tanker fleet to six ships. The latest pair ...
Angola draws majors into new offshore exploration push Angola has recorded a series of offshore developments involving TotalEnergies, ExxonMobil, Shell, and QatarEnergy, including two discoveries, new exploration acreage, and planned investments. TotalEnergies said it had made a discovery with the Acacia-5 well on Block 17, where it holds a 38% operating interest. The company is developing the discovery through existing infrastructure, with Acacia-5
Hormuz attacks reach wartime high The US-Iran conflict has descended into an increasingly literal tanker war, with this week registering the largest wave of attacks on shipping since hostilities began on February 28. US forces destroyed five Iranian oil tankers on Tuesday after the Islamic Revolutionary Guard Corps targeted an American warship with ballistic missiles. The strikes followed attacks on ...
CMA CGM says it met obligations in $186m Samsung dispute CMA CGM has pushed back against Samsung Electronics America's $186m claim before the US Federal Maritime Commission, telling Splash it believes it complied with its contractual obligations and applicable regulations during the pandemic-era shipments at the centre of the dispute. In a statement provided to Splash, the French carrier said: "CMA CGM has taken note ...
Alam Maritim head faces fraud charges tied to vessel rates Chief executive of Malaysia's OSV owner Alam Maritim Resources, Azmi Ahmad, has been charged with two counts of fraud linked to offshore vessel charter agreements involving companies connected to Lembaga Tabung Haji. Azmi pleaded not guilty to both charges, which relate to alleged discrepancies between charter rates stated in work orders and rates contained in ...
US maritime nuclear push gathers pace US maritime nuclear startup Bluecore Energy has raised $50m to accelerate development of floating nuclear power systems as Washington's push to bring atomic energy into commercial shipping gathers momentum. The Silverton Partners-led seed round follows $10m raised when Long Beach-based Bluecore emerged from stealth in July. Bluecore is developing compact water-cooled reactors mounted on floating
Odfjell Drilling lands $518m semisub deal with Vår Energi Oslo-listed semisub player Odfjell Drilling has received a letter of award from Vår Energi for use of one of its rigs. Vår Energi hired the 2019-built Deepsea Bergen, formerly known as Deepsea Bollsta, for three years, starting in early 2028, following completion of the rig's current contract. The firm backlog covered under the deal has ...
New US shipyard revives historic Kaiser site A new US shipbuilder has launched operations on the Columbia River, reviving part of the historic Kaiser Shipyards site at a time when rebuilding American shipbuilding capacity has become a priority for the Trump administration. New Pacific Industrial has started construction of two 122 ft tugboats for American Marine Corporation at its Vancouver, Washington waterfront ...
Maritime tech enters its roll-up era Maritime tech is consolidating at record speed, but the real test is whether bigger platforms remove fragmentation or simply create larger silos. The latest chapter from SplashTech's new magazine. Maritime technology has entered its roll-up era. A sector once characterised by scores of small specialist vendors is being reshaped by corporate buyers and private equity-backed ...
Relentless US demand boosts box rates to late-pandemic levels So much for the theory that US peak season would end early due to frontloading. Peak-level import volumes to US...
The Daily View: Why size still matters in container shipping
Fire-damaged Cosco vehicle carrier arrives off Panama after lengthy tow Incident is particularly significant because Min Jiang Kou is the first LNG dual-fuel pure car and truck carrier to suffer...
Houthis push towards Bab el Mandeb after seizure of Mokha, raising fears for Red Sea shipping Houthi forces have captured Yemen's Red Sea port of Mokha and are reportedly advancing towards islands overlooking the Bab el...
Somali piracy resurgence claims another vessel as bulk carrier hijacked off Yemen The hijacking of Glamor off Yemen is the latest sign that Somali pirate groups are regaining the capability to strike commercial...
MSC adds more secondhand boxships as it reduces share of chartered tonnage The carrier's sustained purchasing programme has strengthened its position as the world's largest container line
Megamax boxships retain their allure despite boom in smaller newbuilds Of the nearly 500 containership newbuildings ordered since the start of 2026, only 23% exceed 10,000 teu, compared to over...
Twenty dead in Chinese shiprepair yard fire President Xi Jinping called for swift search and rescue operations at the yard, with five people still thought to be...
Adani secures strategic Paradip concession to expand dry bulk capacity India's largest port operator secures a 30-year concession at Paradip, expanding dry bulk capacity and underlining the long-term importance of...
Marine 2027: Softer pricing but harder risks The headline safety trend for hull and yacht is positive, while cargo underwriting is increasingly an exercise in understanding accumulation...
Escalating Middle East tensions raise supply anxieties in Asia bunker markets With the US going hard on Iran-related sanctions, Asian sellers are shifting to Russian barrels, which are also set to...
Daily Briefing Tonne-mile boom propels capesize earnings to five-year highs | Suez Canal recovery gathers pace as Hormuz disruption boosts traffic, but...
Yanbu detour via SuMed pipeline and Suez Canal is now in full swing Put a roadblock in front of a crude trade - sanctions, missiles, whatever - and the trade will flow around...
Gemini shows hub-and-spoke is alive and well, but not all-powerful: analyst The acid test of dedication to hub-and-spoke systems is how many mainline ports are served when there is a magnetic pull to serve more local markets directly, writes Jeremy Masters.
Operators make additional capacity plans to adapt to strong MPV outlook Swire and SAL have confirmed deals to secure more ships in a bid to meet expected rising demand for project cargoes.
'Reckless' return to Suez questioned by global shippers' group Cargo owners want more details on why carriers feel confident that it is safe to send fully laden vessels through the Red Sea despite ongoing security risks, the Global Shippers Forum says.
K Line targets LNG shipping in evolving combination with carbon capture Takuji Murayama says the longer-term market is shifting from 'energy transition' to 'energy addition'
'Invisible hazards': Container shipping lobby urges action on lithium battery loophole Demands to be considered at next week's meeting of the IMO in London
Two seafarers killed by multiple drone attacks on 'rescue ship' in the Black Sea Turkish-owned vessel came under fire off Odesa
Leif Hoegh: 'If you do not take any risks, you do not learn anything' Leif Hoegh opens up on making capital only 20% of the last century and taking risks to learn from the decisions
Blaze on ship at China shipyard leaves 25 dead Vessel was undergoing repairs at a yard in Qingdao when fire started
Tsakos Energy Navigation profit soars amid giddy markets and ship sales Owner sees itself as 'well positioned' to keep renewing its fleet and rewarding shareholders
Dubai oil trader linked to pile of VLCC and suezmax purchases as war drives tanker price spike Competition for tonnage amid separate Middle Eastern buyers is fuelling prices
Top dry bulk dealmaker on watch as share prices show support for M&A Has shipping solved the problem that gave Hamish Norton sleepless nights
At least 20 dead after blaze hits ship in China Vessel was undergoing repairs at a yard in Qingdao when fire started
Freightos founder calls for chairman's removal after share price slump Zvi Schreiber launches campaign to change board and return to growth-led expansion.
Excelerate Energy widens its work scope to FSU conversions CEO reveals cost range for latest LNG carrier-to-FSRU job
First wind-assisted LNG carrier named ahead of delivery to charterer Chevron MOL Wind Challenger telescopic hard sails transition to gas shipping
'Firing on all cylinders': BW LPG dividend rivals VLCC stocks VLGC owner rises in Oslo after Pareto upgrade to buy
Passengers from Russian ferry seized by Norway return home The Professor Molchanov was held in Svalbard after court order over $4.2bn asset battle
'Dividend machine' and 'deep discount': DNB weighs up Troim's reshaped VLCC book Analyst sees upside in Bruton and OMC Tankers stock
AP Moller-Maersk set to order its largest-ever vessels as part of $9bn spree Danish liner giant eyes up to 42 newbuildings in $8.9bn fleet expansion
Drone strikes fuel discussions over emergency LNG ship-to-ship transfers An unprecedented five LNG carriers have come under attack this year, some of them laden
Ukraine sheds light on crude tanker spilling oil off Oman Letter to IMO marks rare comments from Ukraine about environmental impact of stricken shadow fleet ship
'Dividend machine' and 'deep discount': DNB weighs up Troim's reshaped VLCC book Analyst sees upside in Bruton and OMC Tankers stock
Passengers from Russian ferry seized by Norway returned home Professor Molchanov was held in Svalbard after court order over $4.2bn asset battle
How shipping's fractured system failed to prevent a major oil spill Salvors offered to tow stricken tanker before it ended up on the rocks off the coast of Oman
New Fortress scraps two drill ships bought for LNG floating conversion Cash-strapped company ditches former Sevan Drilling vessels after intended project off Mexico was terminated
Hapag-Lloyd taps Boenaes for COO role amid leadership overhaul Former Maersk executive and Gemini Cooperation leader will oversee global operations
'Peak disruption': Hedge fund manager sees shipping market correction coming Crude oil prices and freight rates are too high for consumers, Tor Svelland says
Panagiotidis clan linked to $45.5m deal for UAE-owned product tanker Purported seller Quantum Global has been at the forefront of MR2 dealmaking in recent weeks
Seafarer killed in Gulf strike on Peninsula bunker tanker Strike is second to hit bunker tanker since war began
Chinese owner nearly doubles money on suezmax tanker sale Ocean Start sale underlines the premium still being paid veteran crude carriers
SM Korea Line adds car carrier after winning $52m Hyundai Glovis charter Owner is said to have bought Intership's only PCTC to service the deal
Diana Shipping sells a further $51m piece of Genco as exit accelerates Mystery buyer takes $41m piece of New York bulker owner in transaction this week
Building outside the FLNG box: Samsung Heavy Industries set to grow capabilities World's biggest builder of floating LNG units reveals much larger ambitions in sector
New Fortress scraps two drillships it bought to convert to floating LNG units Cash-strapped company ditches former Sevan Drilling vessels after intended project off Mexico was terminated
3PL victory: TQL tossed as defendant in Colorado liability trial While a dire view of what might happen to brokerages in a post-Montgomery world ripping through the logistics industry, one of the biggest 3PLs just won a victory in Colorado that relieved it of potential liability. Total Quality Logistics (TQL) had its request to be dismissed from a case in a Colorado federal court granted on Tuesday by Judge Nina Wang. The facts of the case filed by Deann Mille
25 dead as fire engulfs cargo ship at China shipyard A fire aboard a foreign-flagged cargo ship undergoing repairs at a state-owned shipyard in the eastern Chinese port city of Qingdao killed 25 people and injured five others on Thursday, Chinese state media reported. The blaze broke out at about 11:15 a.m. local time at the Qingdao Beihai Shipbuilding Co. yard, part of China State Shipbuilding Corp., and was extinguished around 2:30 p.m., accordin
El Niño Winter Forecast: Freight Risks Fleets Can't Ignore El Niño winter forecast for freight: warmer doesn't mean safer for fleets. DTN's Ben Hershey breaks down what carriers should actually watch this winter: major snow events still possible, wetter western mountain routes, and why AI-driven crash risk forecasting is becoming an operational tool instead of just another weather map. If you move freight, this is the planning window that matters. #Freig
Tender Rejections at 13.5%: Tight Market or Fade? Tender rejections are still sitting around 13.5% - and that's the key signal for where the truckload market goes next. In this SONAR update, we break down whether post-Labor Day freight is fading or holding, what tender volumes are saying about demand, and why rising diesel still matters. Also in this update: spot rates, import volumes, inventory risk and what the next few days could mean for car
Margin Collapse: 9.7 to 0.6 in One Quarter Margin collapse hit fulfillment operators fast: cushions fell from 9.7 points to 0.6 in one quarter. This breakdown digs into the live network data behind rising parcel costs, slower GMV growth and what it means before peak season. Eric Lemus of Deposco explains why shipping costs are rising faster than revenue, how order growth is diverging from dollar growth, and why lean inventory could backfi
Huntington sues 24 R&R companies over more than $12M in debt Nearly eight months after the collapse of R&R Family of Companies, trucking and freight-related companies continue contacting FreightWaves about unpaid invoices and seeking answers about whether they will ever recover money owed by the logistics group and its affiliates. A federal lawsuit filed by Huntington National Bank provides one of the clearest pictures yet of the web of companies tied to R
Groundbreaking for $669M East Coast container terminal Construction is underway on Delaware's largest-ever maritime infrastructure project, a $669 million container terminal that state officials say will quadruple the state's cargo-handling capacity and create thousands of high-paying jobs, even as rival port operators mount new legal challenges to stop it. The Delaware Container Terminal (DCT), sited on 137 acres of former DuPont industrial land alo
EAIGLE Is Turning Existing Security Cameras Into 30-Second Gate Transactions EAIGLE just closed a growth funding round on the back of 350% year-over-year growth, driven by an AI platform that leans on cameras yards and gates already have installed to push gate dwell times below 30 seconds, while reducing detention, claims and labor costs. Founder and CEO Amir Hoss joined FreightWaves from one of the fully automated gates his company operates, walking through how EAIGLE go
Teamsters president throws down gauntlet to UPS: Strike coming in 2028 It's two years until the contract between United Parcel Service and its 330,000 unionized drivers and package handlers is due for renewal, normally a time when labor-employer relationships are less contentious. The Teamsters union is ready for war. In a series of self-produced Teamsters podcasts starting in mid-July, President Sean O'Brien put UPS ( NYSE: UPS ) on notice that rank-and-file member
PE firms buy 3PL Navajo Expedited, target other acquisitions Private equity firms Centre Partners and Altivare Capital Partners have acquired 3PL Navajo Expedited. The duo will advance the broker's driver-vetting and pricing automation capabilities while seeking complementary acquisitions. Lakeland, Florida-based Navajo Expedited , was previously part of Navajo Express, a 300-unit over-the-road and dedicated carrier based in Denver. Financial terms of the
Cartel logistics boss gets nearly 19 years for moving cocaine and cash through trucking network A cartel network involving truckers sent cash loads carrying at least $1 million apiece back into Mexico. Its cocaine operation supplied Atlanta, Georgia, Memphis, Tennessee, and other U.S. cities. Weekly shipments totaled up to 300 kilograms. Roberto Lopez managed logistics, including driver payments. Federal prosecutors announced his 18-year, 10-month prison sentence Sept. 9, 2026. He pleaded g
Samsara launches Driver Perks program with discounts from over 50 brands Samsara is launching a free perks program for professional drivers, giving millions in its network access to discounts and offers, from more than 50 brands. The program, called Samsara Driver Perks, is available to professional drivers in the U.S. beginning Thursday, Sept. 10, and includes offers covering food and beverage, fitness, wellness, travel and personal development. Drivers can access th
'It's the whole industry': Veteran driver says CDL crackdown won't fix training alone As federal regulators crack down on hundreds of commercial driver training providers, a veteran truck driver in Georgia is launching a school he says will take a different approach - smaller classes, more time behind the wheel and a greater emphasis on preparing students for the realities of life on the road. Shawn Gresham, founder of Trucking Life Academy in Dalton, Georgia, told FreightWaves th
Why freight visibility needs a second signal For most of the last decade, "visibility" in freight has meant knowing where a truck is right now. Carriers connected their ELDs and brokers and shippers plugged into telematics feeds. The industry mostly stopped relying on calling drivers to ask for a location. That shift eliminated an enormous amount of manual work, and it's now table stakes. Brokers, 3PLs, and shippers expect real-time locatio
Port of Los Angeles posts record 2.9M TEUs, eyes strong finish to 2026 The Port of Los Angeles processed 955,907 container units in August, capping the busiest three-month stretch in its history as resilient consumer demand and early holiday shipments drove volumes. With more than 2.9 million twenty foot equivalent units (TEUs) moving across its docks in June, July and August, the port entered the fall season with momentum despite mixed signals in exports and ongoin
Motive raises $1.3 billion from General Catalyst Motive announced Thursday it secured more than $1.3 billion in growth financing from General Catalyst and withdrew its previously filed S-1. The San Francisco-based company reported its annual recurring revenue crossed $600 million, the company's strongest quarter. ARR growth accelerated to 30% year over year. ARR from customers spending more than $100,000 grew nearly 60% year over year. Net reve
US-Mexico trade smashes monthly record at nearly $95B U.S.-Mexico trade reached a record $94.8 billion in July, the highest monthly total on record, according to U.S. Census Bureau data analyzed by WorldCity. Two-way trade between the U.S. and Mexico increased 27.5% from $74.36 billion in the same month last year. Mexico accounted for nearly 18% of the United States' $530.37 billion in total international trade during the month. U.S. exports to Mex
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