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AUGUST 12, 2026

Logistics Data Bank handles over 100 million containers; a landmark for logistics efficiency in India DGFT takes steps to reduce transaction costs and compliance burden for exporters GMR Hyderabad International Airport commences Emirates SkyCargo's dedicated Boeing 777 Freighter service connecting Taipei-Hyderabad-Dubai China-Europe tonnage fall depresses global growth and rates Rescinding of General Orders No: 1 of 2026 dated 21.01.2026 and 2 of 2026 dated 31.03.2026 Dhamra Port commences mechanised loading system operations at terminal berth NMPA ships maiden steel-grade pig iron consignment to Kenya Indian Ports Association extends INR 5 crore assistance to Assam flood relief India expands e-visa infrastructure to boost international tourism and trade connectivity July e-way bills rise 2.2% sequentially amid robust trade activity Hong Kong Air Cargo expands India footprint with dedicated Mumbai freighter launch Spot rates' pace of growth eases for second consecutive month VOC Port first to be accredited with ISO 50001:2018 certification

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AUGUST 11, 2026

Davies Turner launches Polar Silk Road between China and UK Mercedes-Benz Trucks promotes road safety for children Celtic Surveys introduces AssetGo for fleet management BIFA appoints Jack Rice as representative for Scotland TÜV Austria establishes RAIL GmbH in Berlin Trimble presents AI agent "Trimble Arc Agent" DHL expands logistics network in Shenzhen Swissport opens refrigeration facility in Tanzania Grimaldi Group puts its largest PCTC into service PIL partners with Celonis & WNS for process optimization UK P&I Club expands Korea business Air freight markets cool down despite increase in demand Together against counterfeits in the Pearl River Delta euShipments.com acquires FHB Group in Slovakia Würz becomes Vice President Toll at DKV Mobility Norcoast service launches in Rio de Janeiro

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AUGUST 11, 2026

Tropical storms bring congestion and cargo backlogs at Asian ports Cosco returns to Red Sea sailings, despite threats from Houthis DHL Group: 'Smart industrial growth' at Express is all that matters US demand for imported goods unabated, despite tariff turbulence Ceva Logistics - IT breach dents confidence further, several BCOs exposed MSC box ship sinking after attempt to escape typhoon New Jersey's misclassification win over STG Logistics puts drayage operators on notice Infrastructure expansion a boost as JNPA volumes continue to grow

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AUGUST 11, 2026

Fleetzero's Leviathan battery system gets ABS product design assessment ABS has issued Houston-based hybrid and electric propulsion innovator Fleetzero a product design assessment (PDA) for its Leviathan battery energy storage system, making it the first lithium iron phosphate (LFP) marine battery Allseas' new heavy transport vessel Grand Tour will have ABB power and propulsion package ABB has secured a contract from Guangzhou Shipyard International (GSI) to deliver an integrated power and propulsion package for the semi-submersible heavy transport vessel (HTV) Grand Tour. The 230-meter long vessel has Trump Administration extends Jones Act waiver by another 90-days The Trump Administration yesterday announced that it was extending for another 90 days the Jones Act waiver in place since March 18 and widely condemned by the U.S. maritime industry. The extension Boston Harbor ferry Outward Bound gets mid-life repower The M/V Outward Bound has been repowered with a Mitsubishi S6B3 Tier 3 engine as part of a major mid-life refit completed by Gladding-Hearn Shipbuilding. The 429-hp engine, supplied by Laborde Products, Hanwha Defense USA makes offer to acquire Austal USA In an ASX filing, Austal USA parent Austal Limited says that it has received an an indicative, non-binding and conditional offer from Hanwha Defense USA, Inc. to acquire the business entities and

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AUGUST 11, 2026

Grimaldi takes delivery of 9,800 CEU Grande Pacifico The Grimaldi Group has taken delivery of Grande Pacifico, a new 9,800 CEU Pure Car & Truck Carrier (PCTC) and the largest car carrier in the Italian group's fleet. The vessel is the first of five sister ships ordered from China Merchants Heavy Industries Jiangsu. It is also the 13th Ammonia Ready vessel to join Grimaldi's fleet. Grande Pacifico is an evolution of the five 9,000 CEU car carriers p ABB to power Allseas heavy transport vessel for offshore wind operations ABB has secured a contract to supply an integrated power and propulsion system for Allseas' new semi-submersible heavy transport vessel Grand Tour. Guangzhou Shipyard International (GSI) is building the 230-metre vessel for offshore contractor Allseas. Delivery is scheduled for 2028. Grand Tour will support offshore wind projects by transporting large converter stations. These units will move fro Coast Guard coordinates rescue after fire aboard Min Jiang Kou The Coast Guard coordinated the rescue of 22 crew members from the motor vessel Min Jiang Kou after a fire broke out approximately 630 miles south of Costa Rica. Coast Guard Southwest District watchstanders received an Inmarsat distress alert at 1:09 p.m. on Thursday. The alert reported an engine room fire aboard the Marshall Islands-flagged vehicle carrier. Watchstanders then contacted the ship' Corvus Energy wins 40 MWh battery contract for four BC Ferries vessels Corvus Energy has secured a contract to supply 40 MWh of battery capacity for four new hybrid-electric passenger and vehicle ferries ordered by BC Ferries. The agreement covers four vessels in BC Ferries' new Summit Class: Summit Arbutus, Summit Cedar, Summit Maple and Summit Spruce. Each double-ended ferry will initially receive 10 MWh of installed battery capacity. According to Corvus Energy, t Maersk reinstates Ashdod call on SLB service Maersk will reinstate the Ashdod call on its SLB North Sea service following a period of operational stabilisation. The carrier introduced a temporary rotation adjustment earlier in 2026, replacing Ashdod with Haifa. With the return to the regular rotation, Maersk will now discontinue the temporary Haifa arrangement. First SLB call at Ashdod MAERSK IZMIR voyages 636S/638N will make the first rein Diana Shipping and Star Bulk terminate deal for 16 Genco vessels Diana Shipping and Star Bulk Carriers have mutually terminated an agreement covering the planned sale of 16 Genco Shipping & Trading vessels. The agreement would have seen Star Bulk acquire the vessels following the completion of Diana Shipping's proposed takeover of Genco. Star Bulk requested the termination, according to a joint announcement from the two Greek shipping companies. However, Diana Maersk restricts in-transit cargo to Zanzibar Maersk has introduced restrictions on in-transit cargo destined for Zanzibar following persistent delays at the port. The carrier previously suspended bookings into Zanzibar temporarily. According to Maersk, the ongoing delays have created challenges for scheduled operations and service commitments. New cargo restrictions Under the new restriction, Maersk will not permit Zanzibar-bound in-transit OOCL Logistics launches new container depot in Port Klang OOCL Logistics has launched a new joint venture container depot at Port Klang, Malaysia, expanding its inland logistics operations in Southeast Asia. The new facility, OOCL Infinity Depot (M) Sdn Bhd (ODD-08), was established in partnership with Infinity Logistics & Transport Sdn Bhd. Located within Westports, the depot started operations in February 2026. It covers approximately 217,800 square f Explainer: The mainline came back for Egypt, not for Jeddah Maersk and Hapag-Lloyd's return to the Red Sea and a Saudi tanker fleet's flight from it are converging on the same country. Egypt is becoming the relay point for two separate crises at once Rio Brasil Terminal strengthens cabotage connectivity with Norcoast Service Rio Brasil Terminal, ICTSI's operation at the Port of Rio de Janeiro, has added Norcoast's regular cabotage service to its portfolio, strengthening the terminal's role in national logistics integration and expanding transport options for cargo moving to and from Rio de Janeiro. The service commenced in July and connects Rio de Janeiro to a broader cabotage network spanning the ports of Manaus, Pe Cargo ship attacked in Bab el-Mandeb, three crew reportedly killed A small cargo ship was attacked in the Bab el-Mandeb Strait on Tuesday, 11 August, with three crew members reportedly killed in the incident. The Tanzania-flagged Tihamah was targeted while sailing from Salalah, Oman, via Djibouti, according to Yemeni coast guard sources and government military officials cited by Reuters. The Yemeni sources attributed the attack to the Iran-aligned Houthis. Howev Agility Global revenue rises 26% to $1.5 billion in Q2 2026 Agility Global reported revenue of $1.51 billion in the second quarter of 2026, up 26% from $1.20 billion in the same period last year. The Abu Dhabi-listed company also recorded a 25% increase in EBIT, which reached $121 million. EBITDA rose 12% year on year to $202 million. For the first half of 2026, Agility generated revenue of $2.92 billion. This represents an increase of 25% from $2.34 bill MSC ship could sink following grounding during Typhoon Bavi An MSC container ship is sinking at Zhoushan following severe weather and complications during repair work. The 2006-built MSC Silvana VIII, with a capacity of 8,401 teu, had been undergoing repairs in the Guojiayou Island shipyard area around Zhoushan port since arriving there on 22 June. The vessel, which MSC operates on a Far East-South America service, was forced to leave the dock when Typhoo Demolition of former CIVAM facility advances at Port of Vibo Valentia Marina The redevelopment of the former CIVAM area at the Port of Vibo Valentia Marina is accelerating following the approval of the Executive Project for demolition by Southern Tyrrhenian and Ionian Sea Port Authority President Paolo Piacenza. The EUR€1.5 million project will transform the currently disused industrial warehouse into new commercial logistics yards adjacent to the Bengasi dock, with the t Maersk reports operational disruptions after Colombia earthquake Maersk has reported disruptions to ocean and inland logistics operations after an earthquake affected several regions of Colombia. The carrier is working with local teams, terminal operators, authorities and logistics partners to assess the situation. Meanwhile, Maersk said the safety of its employees, their families and affected communities remains its main priority. Assessments remain underway, Israeli ports handle 29.5 million tonnes in first half of 2026 Israeli ports handled approximately 29.52 million tonnes of cargo in the first half of 2026, up 4.6% from 28.22 million tonnes in the same period last year. Data from Israel's Shipping and Ports Authority also showed a strong end to the six-month period. Total cargo traffic reached 5.14 million tonnes in June alone. This was 17.6% higher than the 4.37 million tonnes recorded in June 2025. Contain China's corridor portfolio and the Arctic institutionalization vector China's new Arctic container service does not reroute around the Mediterranean. It deletes the Mediterranean from the itinerary and that is a different kind of threat than the one Southern Europe's ports have spent two years preparing for India opens entire rail network to container train operators under single licence Indian Railways has approved a major overhaul of its container train licensing framework, allowing private Container Train Operators (CTOs) to operate across the country's entire rail network under a single All India licence. The reform replaces the existing system of route-based licence categories and separate fees, giving operators access to all routes across the Indian Railways network under o Beijing builds the bureaucracy behind the ice A record Arctic season and a new state forecasting service signal that China's Northern Sea Route ambitions are shifting from opportunistic voyages to standing infrastructure. China's Arctic shipping push has crossed a threshold this summer. At least six Chinese operators are running container and bulk services along the Northern Sea Route, with initial container capacity alone reaching roughly 2 Maersk announces USD bank account changes in Nordic markets Maersk has announced new USD banking arrangements for several business units and ocean shipment operations across Sweden, Norway, Finland and Denmark. The company has opened new accounts with Citibank to streamline its banking operations. Moreover, the change aims to improve payment processing and minimise potential service delays. The new account details will appear on invoices issued from 24 Au

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AUGUST 11, 2026

Technip Energies wins work on Malaysian offshore LNG terminal French-based engineering and technology company Technip Energies has been awarded a FEED contract for the Yan offshore regasification terminal project in Kedah. The scope includes evaluating the best regasification terminal configurations before completing the full FEED for the selected solution, establishing the project's technical basis, and supporting progression towards a final investment dec Taiwan's offshore wind project secures $1.7bn financing Taiwan's under-construction Hai Long offshore wind project has secured a $1.7bn (NT$55bn) financing package, adding new lenders and improving terms as the project nears commissioning set for the end of 2026. The additional funding sits within the existing project finance structure and is intended to reinforce the financial base for construction and long-term operations. The ... MSC fined $6m over Charleston runaway probe MSC Shipmanagement has been fined $6m and placed on four years' probation after admitting to concealing a hazardous engine-control problem aboard the MSC Michigan VII and obstructing the subsequent US investigation. The Cyprus-based vessel operator pleaded guilty to failing to report the hazardous condition to the US Coast Guard and obstructing an investigation by the ... BP sells stake in Trinidad gas field Supermajor BP has agreed to sell a 20% stake in the Trinidad portion of the cross-border Cocuina-Manakin gas field to the National Gas Company of Trinidad and Tobago (NGC). The deal covers BP's interest in the Manakin block, which holds the Trinidad side of a field estimated to contain about 1trn cubic feet of gas. ... Pemont adds LR2 newbuilds to Montanari renewal push Italian tanker owner Navigazione Montanari is stepping up its fleet renewal drive with two LR2 product tankers ordered at China's Hengli Heavy Industry. The ships have been booked through Malta-based affiliate Pemont, opening a new shipbuilding relationship with the fast-growing Dalian yard. Price, delivery dates and propulsion details have not been disclosed. Hengli's standard LR2 ... Great Eastern lines up fourth kamsarmax in a year Great Eastern Shipping has returned to the secondhand market for another kamsarmax, taking the Indian owner's buying spree in the segment to four ships in just over a year. The Mumbai-listed company has agreed to acquire an unnamed 2015-built vessel, with delivery scheduled between October and December. The 81,886 dwt bulker will be financed entirely ... CMB.TECH locks in $57m gain on two-year-old suezmax CMB.TECH has sold one of the youngest tankers in the Euronav fleet, locking in a capital gain of about $56.9m as the Belgian group continues to take advantage of strong crude carrier values. The Alexander Saverys-led company is offloading the 2024-built, 156,851 dwt suezmax Bristol, with delivery to the undisclosed buyer scheduled for the fourth ... Rhine cut in two as European drought cripples inland shipping The Rhine is on the verge of being effectively cut in two while record low water on the Danube and restrictions on Dutch canals underline the growing threat drought poses to Europe's inland freight network. Europe's inland shipping system is being pushed towards breaking point as one of the continent's most severe droughts in decades ... Star Bulk walks away from Genco fleet deal Star Bulk Carriers has pulled out of a $470.5m agreement to acquire 16 Genco Shipping & Trading bulkers from Diana Shipping, removing a key fleet component from Diana's long-running takeover attempt. The two Greek owners mutually terminated the sale and purchase agreement at Star Bulk's request. The deal, signed in March, was conditional on Diana ... d'Amico reclaims MR from lease for $15m Italian product tanker owner d'Amico International Shipping is bringing the High Discovery back into full ownership, exercising a purchase option on the MR tanker for around $15.3m. The 50,000 dwt Hyundai Mipo-built ship, delivered in 2014 and worth roughly $33.5m, is expected to transfer to d'Amico Tankers in early November. The final price could move ... Procopiou's Hengli VLCC haul reaches 20 George Procopiou's Dynacom Tankers has returned to Hengli Heavy Industry for four more VLCCs, taking the Greek owner's programme at the Chinese yard to 20 ships. Hengli has not disclosed the value, delivery dates or propulsion arrangements for the latest 306,000 dwt quartet. Four ships from the programme have already been delivered, according to the ... US sends seized shadow fleet tankers for scrap The US has begun disposing of ageing tankers seized during its widening campaign against sanctions-busting oil trades, with vessels linked to the shadow networks serving Russia, Iran and Venezuela being channelled towards demolition rather than allowed back into circulation. The move represents the next stage of Washington's increasingly physical approach to sanctions enforcement. US military ... Trump extends Jones Act waiver despite mounting maritime opposition US president Donald Trump has extended for another 90 days the unprecedented waiver allowing foreign-flagged ships to move oil and other commodities between American ports, albeit with tighter controls following fierce opposition from the domestic maritime industry. The waiver, introduced in March as the Iran war disrupted global energy flows, is already the longest suspension ... Hanwha makes $1.2bn play for Austal USA South Korea's Hanwha has lodged a preliminary offer worth up to $1.2bn for Austal USA, one of the most strategically important naval yards in America. The non-binding proposal, made through Hanwha Defense USA, values the Mobile, Alabama-based business at between $1.05bn and $1.2bn on a cash- and debt-free basis. Austal has granted Hanwha four weeks ... China's AI push is a trade story The real AI contest may not be won by whoever builds the smartest model, but by whoever embeds intelligence fastest into factories, warehouses, terminals and transport fleets. Wolfgang Lehmacher explains. Beijing is pushing to embed intelligence into manufacturing, logistics, transport, and industrial upgrading. The test is whether it can squeeze more out of freight, factories, ...

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AUGUST 11, 2026

The Daily View: Thin end of the wedge Tax-free IMO plans would struggle with volatile compliance costs UCL professor Tristan Smith argued that removing the fixed carbon price from a global IMO measure would make zero-emission fuels... Asaf Güneri, charismatic Turkish shipping pioneer, is buried in Istanbul Honorary Zihni Group chairman passed away last week in Greece at age 80 Four feared dead as vessels attacked in the Middle East Yemeni sources suggest the cargoship was carrying weapons destined for government-aligned forces Gulf conflict costs marine insurers $2bn to date Marine insurers face a mounting bill from the Middle East Gulf conflict, with estimated claims already reaching $2bn and concerns... Wallenius Wilhelmsen expects tight PCTC capacity to support high fleet utilisation through end-2026 Oslo-listed vehicle carrier operator kept its 2026 ebitda guidance unchanged but warned that higher bunker costs and Middle East-related risks... Hanwha bids up to $1.2bn for Austal's US shipbuilding unit Hanwha's tentative offer signals deepening South Korea-US ties aimed at revitalising American shipbuilding MSC fined $6m after runaway containership incident in Charleston MSC Shipmanagement has been fined $6m after admitting it failed to report hazardous engine-control defects aboard MSC Michigan VII and... Pacific Basin's Fruergaard: brace for more disruption, not less Shipping companies are operating in a world where clear rules may never return Star Bulk withdraws from Genco pursuit but Diana fights on Mutual termination of $470m side deal for Star Bulk to acquire 16 Genco bulkers following completion of a merger will... Castor sells bulker to joint venture Petros Panagiotidis-led owner pockets cash and keeps 30% stake Trump extends Jones Act waiver but tightens scrutiny after industry backlash Donald Trump has extended the longest Jones Act waiver in US history, but tighter scrutiny and a narrower list of... Daily Briefing US quietly scraps seized Russian-linked shadow fleet tankers for scrap | South Korea joins China in race to develop Arctic...

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AUGUST 11, 2026

Latest storm brings fresh delays to Shanghai, Ningbo port operations Typhoon Dolphin, the strongest to strike China so far this year, also disrupted coastal and inland supply chains after torrential rain caused extensive flooding in a broad swathe of the country. Incumbent software vendors focused on native AI agent development A transportation management software vendors' launch of agents within its existing truckload carrier and broker software is symbolic of a larger mandate for vendors to juice up their solutions with AI. Deadly Red Sea ship attack threatens to muddy return of Suez transits The deaths of three seamen off Yemen could dramatically change the risk assessment of carriers and delay moves that have been steadily routing more services through the Bab el-Mandab Strait. Coming injection of big ships raises need for new deepwater access: analyst With a slew of 18,000 to 24,000-TEU newbuilds due to launch over the next three years, the search is on for new deepwater terminals on existing big-ship routes, but also in new geographies, writes Jeremy Masters. Vessel shortages, strong cargo demand boost MPV operator sentiment Port congestion and longer voyages due to geopolitical disruption have reduced the amount of tonnage available to meet bullish demand expectations.

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AUGUST 11, 2026

PanStar bets on Arctic future with vessel for Northern Sea Route South Korea's first Arctic container shipping trial moves a step closer as carrier purchases a 2,700-teu vessel Trump's energy experts forecast Hormuz disruption to last well into 2027 EIA sees Strait of Hormuz 'constraints' to continue through August, but the effects could linger well into next year Sanctioned tankers bought and scrapped by GMS after US seizure Vessels were boarded in January in enforcement actions over Venezuelan trading EMF brings in former SSY LPG boss and launches new fund with suezmax buys Thorstein Bergersen becomes investment chief as Danish owner looks to expand portfolio Venture Global to produce about 900 LNG cargoes a year by 2028 US company exported its 1,000 shipment in July Shipowner George Procopiou adds four more VLCC newbuildings at Hengli Dynacom Tankers has boosted its orderbook at the world's largest builder of VLCCs BW Group's Cadeler strikes $578m takeover after newbuilding splash Danish WTIV owner buying German equipment maker Menck Blaze on ship struck by 'US missile fired from a helicopter' in Gulf of Oman Attack left vessel not under command as all 17 crew on board were uninjured, according to reports Red Sea return for container ships takes a significant step forward Maersk and Hapag-Lloyd reroute another Asia-Mediterranean service through the Suez Canal Bulker player U-Ming triples quarterly profit Taiwanese owner posts much stronger second quarter after robust start to 2026 Massive opportunity: Shipowners set fair as 'the whole world is asking for Chinese cars' Some expected the sector to cool off, but Chinese cars stay in demand BW Group's Cadeler strikes $578m takeover after newbuilding splash Danish WTIV owner buying German equipment maker Menck Marinakis company Capital Clean taps prominent US lawyer and judge for board Janet DiFiore is nominated as a director as experienced gas shipping man Gurpal Grewal stands down Hanwha tables $1.2bn Austal bid to expand US shipbuilding footprint South Korean conglomerate given four weeks to dig into contracts and newly disclosed financial problems Seafarers feared killed in suspected Houthi missile attack Cargo vessel is hit as militants enforce embargo against Saudi-linked shipping Blaze on ship struck by 'missile fired from a helicopter' in Gulf of Oman Attack left vessel not under command but all 17 crew on board were uninjured, according to reports Alternative finance platform plans to open $500m fleet to fractional investors Dubai platform teams with blockchain company to create a new market for vessel-backed finance, charter-linked income and economic interests in ships Fire on ship struck by 'missile fired from a helicopter' in Gulf of Oman Attack started blaze on vessel but all 17 crew on board were uninjured, according to reports Bahri beefs up ship agency coverage at key Red Sea and Gulf tanker ports Saudi Arabian state shipowner wants to get closer to customers amid geopolitical turmoil How much Wall Street shipowners are paying insider shareholders in related-party expenses Some say they are conflicts of interest. The numbers show they are a big part of the business Shipping tycoon Marinakis sues UK football club over gun banner Greek owner takes legal action against Crystal Palace in defamation row MSC fined $6m for obstructing US probe into out-of-control container ship Vessel was stuck at near-full throttle approaching Charleston bridge Capesize rate bonanza lifts profit at Himalaya Shipping Shipowner's bottom line climbed sharply as its bulkers outperformed the market Shadow fleet tanker targeted in US military strike picks up new insurance with yachts specialist The Settebello is at the centre of a forged document scandal with victims of attack left without compensation Adnoc Gas eyes new LNG export terminal to bypass Strait of Hormuz Facility would be located on UAE's east coast, but final decision still pending ZeroNorth embraces speedboat strategy for AI roll-out Danish tech firm's boss, Soren Andersen, explains how it is implementing agentic AI as it moves from start-up to scale-up Oil spill from sanctioned tanker stretches to nearly 400 square km Slick spreading from the damaged Caroline Bezengi off Oman Wallenius Wilhelmsen faces tough choices in Asia as ships sell out Car carrier giant says vessel supply remains very tight Adnoc L&S ready to buy again after tanker shopping spree Abu Dhabi giant increases earnings guidance for 2026 Dragon boats to battle it out in London for OSCAR in September Oldendorff, Union Maritime, Miller Insurance, Pacific Basin, Borealis Maritime, Tysers, Steamship Mutual, the Baltic Exchange and AM Nomikos among those taking part CMB.Tech banks $57m profit from sale of modern suezmax tanker Saverys family company says delivery of the Bristol will take place in the fourth quarter Star Bulk pulls plan to buy chunk of Genco fleet as part of Diana takeover bid Greek owner is frustrated by US rival's unwillingness to negotiate Uni-Asia ends 13-year ordering drought with two handysize bulkers at Japanese yard The 40,000-dwt newbuildings form part of the company's fleet renewal programme 'Wake-up call' as maritime talent gap widens, warns IMarEST chief Chris Goldsworthy warns window to tackle growing shortage of professionals is closing rapidly

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AUGUST 11, 2026

Werner not deterred by July slowdown Executives from Werner Enterprises sounded unfazed by the seasonal slowdown in truckload spot market trends during July. Chairman and CEO Derek Leathers told investors Tuesday that the supply-led recovery shows no signs of slowing as the current administration is not backing off its crackdown on bad actors. Tender rejections peaked in June and spot rates have continued to slide from the Fourth of Ex-CBP officer used emoji code to let 477 kilos of Sinaloa Cartel drugs cross Drug-filled vehicles approached California's Tecate Port of Entry and reached Jesse Clark Garcia's inspection lane. The U.S. Customs and Border Protection officer knew when smugglers were coming. He allowed each driver to enter the United States without required checks. Prosecutors say every passage brought him at least $10,000. Garcia supplied a Sinaloa Cartel-linked trafficking organization wit New harbor commission president backs Long Beach port plans Newly installed Long Beach Harbor Commission President Steven Neal said Monday he will prioritize the infrastructure, sustainability and technology programs underpinning the Port of Long Beach's long-term "Port of the Future" strategy. At his first meeting as board president, Neal said the commission would maintain progress on initiatives intended to reinforce the Southern California gateway's po Trucking M&A: 3 Reasons Private Equity Struggles With Assets The freight market is showing signs of recovery, reigniting interest in M&A across the logistics sector. But while non-asset brokerage deals have historically attracted private equity, asset-based trucking presents unique challenges. Craig Decker, Managing Director at Brown Gibbons Lang & Company, explains why financial engineering alone isn't enough in asset-heavy operations and how a lack of un Supply Chain Shock: Why Halloween Candy is Out in Summer! Get ready for "Summerween"! Retailers are stocking Halloween candy in August, but it's not just an anomaly. Sotira CEO Amrita Bhasin joins FreightWaves Today to reveal how macro challenges like tariffs and changing consumer habits (hello, GLP-1 drugs!) are pushing inventory planning earlier and creating massive overstock issues. Discover why the reverse logistics of returns is a growing sustainab Freight Market Shift: Why RXO's Scale Wins Big on Insurance & Ops RXO CEO Drew Wilkerson reveals how recent market shifts and regulatory changes have made financial stability and extensive insurance coverage non-negotiable priorities for shippers. He explains why these factors, alongside continuous innovation and strong client relationships, are positioning RXO to capture outsized market share in both spot and contract freight, even as the market remains dynami Spot vs. Contract Rates: Don't Be Fooled by Short-Term Declines The gap between spot and contract freight rates is widening, with contract rates up almost 20% year-over-year while spot rates see a monthly dip. Dive into SONAR data to understand why this isn't just seasonal softening. We'll explore the strategic shift to intermodal in key markets like Indianapolis and what it means for your procurement teams. Van contract rates have climbed 19.3% year over yea Beyond the Hype: How Overroute's AI Transforms Trucking Operations Overroute CEO Alex Reed explains their partnership with JB Hunt, focusing on how their AI agents are automating workflows and optimizing asset utilization. Discover Overroute's unique "carrier-native" approach, prioritizing user adoption and empowering frontline operators with AI for maximum ROI in trucking logistics. This deep dive into supply chain innovation reveals how practical, user-focused Trump extends Jones Act waiver; direct effect "pennies per gallon," say analysts President Donald Trump extended the waiver of the Jones Act - the law requiring U.S.-built and -crewed ships carry cargo between U.S. ports - for another 90 days despite criticism of the minimal effect on retail gas prices. The move by Trump to allow international companies to transport gas, fertilizer and other commodities at market rates has been seen as an effort to generate positive economic Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami How United Parcel Service negotiates with unionized parcel drivers and loaders when the current contract reaches its end in two years will trigger a tsunami that either wipes UPS from the last-mile delivery market or severely damages its competitors, creating a more competitive landscape that benefits online retailers and consumers, an influential industry analyst predicted last week. UPS ( NYSE: Michigan shuts down truck driving school amid nationwide CDL crackdown Michigan regulators have suspended a commercial truck driving school in Marquette after an investigation uncovered multiple alleged violations involving student permits, training documents and required records. The Michigan Department of State said it issued a summary suspension to Northern Michigan University Truck Driving School on Aug. 5 following an initial investigation by the agency's Drive Asia-US East Coast box rate hits new high of $9,400 Container rates on the benchmark Asia to U.S. trade lanes are rising, amid surprisingly spry consumer demand following an early peak shipping season. That demand comes as inflationary pressures push up the cost of retail goods and industrial products, and an array of supply chain and geopolitical factors continue to weigh on global ocean shipping. In the Middle East, the stalemate over control of Carrier sued over alleged discrimination against female driver trainees Federal regulators have sued national trucking company KLLM Transport Services and its driving academy, alleging companywide training policies discriminated against female truck driver trainees. The U.S. Equal Employment Opportunity Commission announced the lawsuit Thursday against KLLM Transport Services LLC and subsidiary KLLM Driving Academy Inc., which operates driver training academies in La Who Has the Leverage Right Now? SONAR's Pricing Power Index Has the Answer Every week, SONAR's Research team distills the freight market down to a single number: the Pricing Power Index (PPI). It's a quick answer to the question that shapes procurement strategy, bid timing, and carrier negotiations alike - is pricing power sitting with carriers, or with shippers, right now? The index isn't a gut-check or a narrative built after the fact. It's a direct-weighted, data-dri Canadian province removes 20 unsafe trucking companies from roadways Transportation officials in the Canadian province of Alberta say they have removed 20 unsafe trucking companies from its roads as part of a broader crackdown targeting noncompliant carriers, fraudulent driver-training schools and companies attempting to evade regulators. Alberta Minister of Transportation and Economic Corridors Devin Dreeshen said the province has issued 443 administrative penalt CBP finds $1.17M in cocaine after inspecting bell pepper truck at Texas border A commercial truck hauling bell peppers crossed into Laredo, Texas, with something else hidden inside the tractor. A U.S. Customs and Border Protection officer selected the Kenworth for further inspection at the World Trade Bridge. A canine team and scanning equipment followed that initial referral. Officers discovered 16 packages containing 37.69 pounds of cocaine, according to the agency. The J Lawmakers want Postal Service bonuses tied to delivery performance A bipartisan bill barring U.S. Postal Service executives from receiving bonuses until on-time mail delivery levels reach 95% was approved by the Senate Homeland Security and Governmental Affairs Committee last week and could be considered by the full chamber when it returns to work next month. Before the vote, Postmaster General David Steiner urged senators to reject the bill, saying in a private Alvys opens freight AI agents to fleets of all sizes Alvys introduced Alvys Foundry on Tuesday, an agentic AI platform that lets carriers, brokers and hybrid carrier-brokers build and deploy freight AI agents inside the transportation management system they already run. The Solana Beach, Calif.-based company paired the launch with a second announcement: its TMS is now open to fleets of all sizes, extending a platform built around larger trucking co Fura acquires Pacific Northwest freight broker Freight broker Fura announced Tuesday that it has acquired High Rise Logistics. The latest transaction marked the seventh acquisition for the Cincinnati-based AI-powered 3PL. Vancouver, Washington-based High Rise provides flatbed, expedited, truckload and less-than-truckload transportation. It has a large presence in the Pacific Northwest and also offers intermodal, drayage and warehousing servic Proficient Auto Logistics' latest deal pushes market share to 25% Proficient Auto Logistics will soon become North America's largest finished vehicle logistics platform. The car hauler announced Monday after the market closed that it entered an agreement to acquire California-based peer Hansen & Adkins for $130 million. Jacksonville-based Proficient ( NASDAQ: PAL ) also reported a second-quarter net loss of $3.9 million late Monday. Revenue was down 5% year ove