C&C Marine and Repair delivers new walking-spud idler barge Belle Chasse, La.-based C&C Marine and Repair has recently delivered a new 160-foot idler barge to Orion Marine Construction Inc. Designed by The Shearer Group, Inc., the unmanned steel barge will support
MGBW delivers new Navy range support vessel Marine Group Boat Works (MGBW), which has facilities in San Diego and Los Cabos, Mexico, reports that it has successfully completed the construction, testing, and delivery of a new range support vessel
Port NOLA gets key USACE permit for LIT construction The Port of New Orleans (Port NOLA) reports that the U.S. Army Corps of Engineers has granted the federal permit authorizing construction of the Louisiana International Terminal (LIT), clearing the way for
C-Job and Glomar Offshore unveil design for new next-gen OSV Netherlands-based C-Job Naval Architects and Glomar Offshore BV have unveiled the design of a next-generation offshore support vessel (OSV) designed to provide a breakthrough in versatility and sustainable engineering. Purpose-built as Glomar's
SCA slams build-foreign piece of Trump Navy shipbuilding memo The most recent White House Weekly Briefing coverage of President Trump's sweeping new memorandum on Navy shipbuilding hails it as "directing the most significant naval expansion since the Reagan era." It notes
Conrad Industries reports $249.7M backlog "While our financial results for the first half of 2026 reflect the impact of lower production volume compared to the prior year, we are encouraged by the continued improvement in project execution,
Everllence and Hudong-Zhonghua to develop design for LNG carrier with DFE+ propulsion Everllence has signed an EDA (engineering design agreement) with Chinese shipbuilder Hudong-Zhonghua Shipbuilding covering the development of an 180,000 cubic-meter LNG carrier featuring an Everllence DFE+ (Dual-Fuel, Electric+) propulsion system. The partners
IAG Cargo expands pharma network with new Kuala Lumpur station IAG Cargo has expanded its pharmaceutical logistics network with a new Constant Climate station at Kuala Lumpur International Airport . The addition strengthens the company's cold chain capabilities in the Asia-Pacific region. IAG Cargo now has 13 Constant Climate-approved stations across Asia-Pacific and around 100 worldwide. Kuala Lumpur joins global cold chain network Constant Climate is IAG C
MPA launches maritime safety initiatives The Maritime and Port Authority of Singapore has launched several new maritime safety initiatives in partnership with industry stakeholders at the opening of the 13th Singapore Safety@Sea Week. The announcements span near miss reporting, integrated port operations command systems and autonomous vessel trials, reflecting a broad programme to strengthen safety culture, operational capabilities and
Hapag-Lloyd updates Terminal Handling Charges in Australia and New Zealand Hapag-Lloyd has revised its Terminal Handling Charges (THC) in Australia and New Zealand amid rising costs imposed by terminal operators. The updated charges are effective from 15 August 2026 and will remain in place until further notice. Higher terminal costs drive THC revision According to Hapag-Lloyd, the adjustment follows increases in terminal handling costs across both Australia and New Zea
Explainer: Egypt's double exclusion As Saudi Arabia, Turkey and Pakistan build a new security order and a new trade corridor, Cairo is left out of both and the geography that made Egypt indispensable for a century is starting to work against it
Pilbara Ports handles 63.8 million tonnes in July Pilbara Ports recorded total monthly throughput of 63.8 million tonnes in July 2026 , representing a 1% decrease compared with the same month last year. The result was driven primarily by the Port of Port Hedland, which handled 45 million tonnes , while the Port of Dampier recorded throughput of 14.7 million tonnes . Port Hedland handles 44.2 million tonnes of iron ore exports The Port of Port He
LOGISTEED secures commercial data utilisation technologies LOGISTEED has announced the award of three patents covering technologies that utilise data collected from commercial vehicles, addressing key operational challenges in fleet management including remote diagnostics, centralised data management and fuel efficiency monitoring. The transportation industry faces growing pressure to improve vehicle operational stability, maintenance efficiency and fuel
ONE updates Emergency Fuel Surcharge across global trades Ocean Network Express (ONE) will update its Emergency Fuel Surcharge (EFS) across long-haul and short-sea trades from 16 September 2026. The revised surcharge will apply to both dry and reefer cargo, with different levels for long-haul headhaul and backhaul movements. New EFS levels from September For long-haul headhaul trades , ONE will apply an EFS of US$120 per TEU for dry containers and US$16
NX Group launches NX-VISTA supply chain visibility platform NIPPON EXPRESS HOLDINGS has launched NX-VISTA, a new platform that centralises and visualises customers' order, shipping and inventory information across the entire supply chain, available from August 17. The platform responds to growing demand for end-to-end supply chain visibility as rising geopolitical risks and increasing supply chain complexity make prompt and accurate decision-making increa
Armed men hijack cargo vessel off Somalia A cargo vessel has been boarded and taken under the control of eight armed individuals off Somalia , according to the United Kingdom Maritime Trade Operations (UKMTO). The incident occurred 4 nautical miles south of Mareeyo, Somalia , on 17 August 2026. Eight armed individuals board vessel UKMTO said the vessel's Company Security Officer (CSO) reported that eight armed unauthorised persons boarde
Maersk introduces new port security surcharge for US and Canada exports Maersk will introduce a new Port Security Service Export surcharge for cargo originating from the United States and Canada. The new charge will take effect on 1 October 2026 . According to Maersk, it will recover terminal-related security costs associated with export cargo. Different charges for US and Canada exports The surcharge will vary depending on the country of origin. For cargo loaded in
Hecksher acquires Fairplay Shipping Hecksher Denmark has acquired 100% of the shares in Fairplay Shipping, a Danish freight forwarding and shipping company with 13 employees, broadening its service offering and strengthening its position in specialist logistics across the Danish market. Fairplay Shipping brings expertise across healthcare logistics, fine art transport, project cargo, air freight and warehouse operations, serving cu
Maersk keeps Felixstowe Emergency Fuel Surcharge unchanged Maersk has announced that the Emergency Fuel Surcharge (EFS) at the Port of Felixstowe in the United Kingdom will remain unchanged in September. The surcharge will remain at £3.82 per laden import container , effective from 1 September 2026 . According to Maersk, the decision follows an advisory update issued by Hutchison Ports' Port of Felixstowe on 14 August. The EFS level will be reviewed agai
Panama Canal under pressure as containership pays $4 million A 10,100 TEU containership reportedly paid about US$4 million to secure priority transit through the Panama Canal, as surging demand and renewed water concerns put the key maritime gateway under growing pressure. The Seaspan Benefactor was reported as the buyer of the auctioned transit slot, allowing the vessel to move ahead of ships waiting to cross the Canal, according to The Guardian. Ships we
How attacks on commercial infrastructure are reshaping Ukrainian port operations Ukraine's maritime export system is being squeezed from two directions at once. Deep-sea terminals along the Odesa coast have gone dark, while the river and rail corridors meant to replace them are already showing signs of strain
Ports of Genoa container gateway traffic rises in first half of 2026 The Ports of Genoa and Savona-Vado handled 31.1 million tonnes of cargo in the first half of 2026 , down 1.9% compared with the same period last year, as stronger gateway container and conventional cargo volumes helped offset weakness in other segments. Container gateway traffic increased 1.6% during the first six months , while conventional cargo volumes rose 6.2%. Container gateway volumes stre
Readers Speak: Port infrastructure tops shipping investment priorities Shipping investment should focus first on port infrastructure, according to the latest Readers Speak poll. When asked where shipping should invest next, readers placed port infrastructure ahead of fleet technology, cybersecurity and people & skills. The results point to a clear preference for strengthening the physical foundations that support container shipping, while also showing that digital s
MSC expands newbuilds, Wan Hai adds ships and MSC Silvana VIII sinks deeper Several developments in the containership market have emerged, ranging from newbuilding upgrades and fresh vessel orders to a casualty involving an MSC ship, according to DynaLiners. MSC has increased the planned capacity of nine newbuildings currently under construction in China. Meanwhile, Wan Hai and Blue Ocean Shipping have placed new vessel orders. Separately, the 8,400 TEU MSC Silvana VIII
Mediterranean-Far East container capacity rises 12% to 9.92 million TEU Annualised container capacity on the Mediterranean-Far East trade has increased by 12% year-on-year to 9.92 million TEU, according to DynaLiners. The trade now has 20 dedicated weekly roundtrip services. This is one more than a year ago. A total of 258 vessels are deployed across these services, compared with 232 vessels in the previous year. Therefore, the trade has gained 26 ships. Average vess
RCL profit falls as Middle East conflict weighs on volumes Regional Container Lines (RCL) reported lower earnings for the first half of 2026, as disruption linked to the Middle East conflict affected the intra-Asia carrier's container volumes. RCL generated freight income of THB 18.6 billion (US$557 million) during the January-June period. In Thai baht terms, this represented a 1.3% increase compared with the first half of 2025. However, operating profit
SITC takes delivery of new vessel SITC BRAVE SITC International Holdings has taken delivery of the new vessel SITC BRAVE from HUANGHAI Shipbuilding. The naming and delivery ceremony was held on 10 August 2026, with representatives from SITC, HUANGHAI Shipbuilding, Saigon Newport Corporation (SNP) and ABS attending the event. During the ceremony, SITC Executive Director and CEO Xue Mingyuan welcomed the delivery of the vessel and thanked the
Hapag-Lloyd sets US$1,000 rate increase to North America Hapag-Lloyd will introduce a General Rate Increase (GRI) / General Rate Adjustment (GRA) on shipments from the Indian Subcontinent, Pakistan and the Middle East to North America. The new adjustment will apply to shipments to the United States and Canada from 15 September 2026 . The GRI/GRA will amount to: US$1,000 per container The adjustment applies to all containers gated in full from the effec
Rhenus and shipzero launch strategic partnership The Rhenus Group and shipzero, a global emissions intelligence platform, have announced a strategic partnership enabling Rhenus customers to access a Book and Claim solution covering alternative fuels and battery-electric vehicles across air, ocean and road transport. The agreement responds to rising industry demand for credible, auditable emissions reduction instruments applicable to transport o
Abu Dhabi owner moves to take AD Ports private Abu Dhabi sovereign investor L'IMAD has launched a cash offer worth about AED7.8bn ($2.1bn) for the remaining 24.58% of AD Ports Group, seeking full ownership of one of the Gulf's most acquisitive ports and logistics groups. The bid is being made through L'IMAD's subsidiary ADQ, which already holds 75.42% of AD Ports. Minority shareholders are ...
Dark transits keep Hormuz oil flowing Abu Dhabi's ADNOC has suffered another vessel attack in the Strait of Hormuz even as increasingly sophisticated shuttle operations allow Gulf oil exports to keep moving through one of the world's most dangerous waterways. The latest incident involved the 2012-built, Liberian-flagged bulker Al Watan, struck by an unknown projectile while transiting the Omani corridor on ...
Sanctioned ships make up 58% of tanker scrapping deals this year Sanctioned ships are accounting for an extraordinary share of this year's tanker recycling market, even as strong freight conditions keep overall demolition activity near historic lows. Clarksons Research reports that 26 sanctioned vessels totalling 2.1m dwt have been sold for recycling so far in 2026, including 22 tankers of 1.8m dwt. Those 22 ships represent ...
China's Arctic container experiment turns into weekly service China's push to establish an Arctic container corridor to Europe has moved from experiment to scheduled service, with Sea Legend launching weekly sailings along Russia's Northern Sea Route. The 1,740 teu Dubai Tower departed Ningbo-Zhoushan on Saturday evening, marking the start of Sea Legend's first regular seasonal Arctic service following a successful trial voyage last ...
Box port delays knock out nearly an Evergreen-sized fleet Persistent port congestion is effectively removing around 1.7m teu of containership capacity from the global market, an amount approaching the size of Evergreen's entire fleet, according to new analysis from Sea-Intelligence. The Copenhagen-based consultancy said its latest Global Liner Performance report shows little sign that liner schedule reliability is improving, with June 2026 performance c
How would Hormuz crisis lasting through 2027 impact tankers? It's time to start taking the open-ended Hormuz crisis scenario more seriously. The status quo - or further escalation - appears more...
The Daily View: Moving beyond the battlefield
Ukraine drone strike hits Greek tanker despite reported Black Sea deconfliction deal A suspected Ukrainian drone strike on a Greek-controlled tanker in the Black Sea risks dragging more nations into Russia and...
Diana pulls takeover bid for Genco as recriminations go on Greek bulker owner withdraws offer for outstanding Genco shares as target's long-awaited response reveals huge gap in ideas about company's...
Cameroon-flagged vessel hijacked off Somalian coast The hijacking of Lutuf off Somalia marks the latest in a resurgence of piracy incidents in the western Indian Ocean, where...
Blanket exclusion for Saudi-linked tonnage under new Red Sea charterers' buyback International Group P&I clubs have swiftly put buyback cover in place for Red Sea voyages after reinsurers withdrew support for...
Abu Dhabi government moves to take AD Ports private AD Ports has been one of the sector's more aggressive acquirers, adding Noatum and Global Feeder Services to its portfolio...
Strong container line earnings and capacity constraints to sustain high boxship charter rates While the overall market continues to firm, some feeder segments are seeing additional availability following reduced vessel activity in the...
The week in newbuildings: Activity remains strong with 32 new ships ordered across main sectors Shipbuilders, owners and brokers disclosed newbuilding contracts for 32 vessels over the past week, spanning dry cargo, boxships and tankers
Sea Legend kicks off Arctic express with LNG-fuelled fleet and priority berthing Hong Kong-based Sea Legend is using LNG-powered ships, priority berthing deals and real-time ice monitoring to turn the Arctic into...
Port congestion swallows 1.7m teu in structural rate shift The supply chain bottleneck is shifting from sea to shore. With 1.7m teu now tied up in congestion, carriers say...
The Week in Charts: Red Sea traffic holds firm despite Houthi blockade | NOAA upgrades El Niño warning and outlook for Panama Canal worsens Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Risks reshaping P&I insurance on the road to 2027 There are six main risks currently impacting decision-making in the protection & indemnity sector
Another Adnoc vessel hit in Hormuz The bulker is the latest in a string of vessels owned by state-owned UAE company Adnoc to be targeted while...
Daily Briefing Hormuz crisis sees shadow gas carriers go mainstream | Stricken tanker could generate 'one of the more significant' oil spills...
New Orleans mega-terminal receives federal approval The Louisiana International Terminal may start construction later this year after receiving its final permit for the $2 billion project.
German port union launches warning strikes Verdi has called for around 11,000 port employees to walk off the job tonight in key hubs including Hamburg, Bremerhaven and Wilhelmshaven as wage talks fail.
Iran claims seizure of UAE-linked tanker in Strait of Hormuz Vessel 'detained' following string of attacks on Adnoc-controlled ships
Hornbeck Offshore invests in nuclear start-up to deploy technology across maritime sector Memorandum of understanding to explore microreactor deployment
Withdrawal symptoms: How Diana and Genco stocks reacted to aborted takeover tussle Diana Shipping has predicted a big drop in Genco's share value, but is that scenario playing out?
Ocean Yield books bigger bottom line during last days under KKR ownership Leasing platform will be owned by AP Moller Holding as of next week
Adnoc LNG carrier goes dark and lines up for STS operation Abu Dhabi energy company tests tanker tactics to ship its LNG out of Middle East Gulf
Withdrawal symptoms: How Diana and Gneco stocks reacted to aborted takeover tussle Diana Shipping has predicted a big drop in Genco's share value, but is that scenario playing out?
'Extremely challenging situation': High winds and waves hamper oil spill response off Oman Conditions unsuitable to start pumping oil from stricken tanker off Oman, say officials
Armed Somali pirates hijack ship in fifth strike in as many months Attack extends resurgence in pirate threat off the Somali coast
Hafnia wins Danish Shipping DEI Award for third time in five years Danish owner honoured for its work on amplifying voices of crew members
Sogestran Group linked to LNG bunker ship order at CIMC Sinopacific Shipbuilder says deal is a milestone in strengthening its focus on high-value ships
Hafnia wins Danish Shipping DEI Award for third time in six years Danish owner honoured for its work on amplifying voices of crew members
Strait of Hormuz crisis to spur oil companies into action in building tanker fleets Analysts believe ships will pay for themselves after five or six voyages at elevated rates
Norwegian firm banks big premium on chemical tanker pair Values appear to be firming across the tanker sector
Bill Gates-backed TerraPower taps HD Hyundai for reactor vessel scale-up HD Hyundai prepares serial manufacturing as Natrium deployment plans gather pace
'Outrageous': Diana executive says 'market will deliver verdict' on Genco demand Ioannis Zafirakis claims US rival's approach was never intended to lead to a deal
Greek suezmax tanker hit in new Ukrainian Black Sea attack Multiple drone strike reported on fully loaded vessel
Genco fires one last shot as it 'sets records straight' on Diana's failed hostile takeover US owner lays out demands made a day before Greek rival pulled bid
Russia presses secondhand LNG carrier into service at Arctic LNG 2 Three vessels have joined the country's fleet this month
Ships reported hit as Houthi strikes close Red Sea port of Mokha Yemeni terminal has been under barrage for more than a week
'Highest-ever price': Dubai shipowner cashes in product tanker resales Resales are said to have changed hands at around $60m with prompt delivery
China Merchants Energy inks charter deals worth $107m for five newbuildings Chinese leasing companies will order the new vessels
Carnival to use air lubrication technology on three giant Fincantieri newbuildings Cruise heavyweight will have the fuel-saving technology on 18 of its ships
Maersk shares hit all-time high with container market 'refusing to break' Container giant rallies after second-quarter report and profit forecast boost
Maersk Uggla's Navigare rapped by watchdog over unclear investor return claims Financial authority says company was ordered to 'ensure correct content'
Abu Dhabi sovereign investment vehicle moves to buy out AD Ports Group State-backed majority owner offers sizeable premium to gain full control over expanding ports and shipping giant
Maersk Uggla's Navigare rapped by watchdog over unclear investor return claims Danish financial authority says company was ordered to 'ensure correct content'
Naftomar tied to swoop for third CMB.Tech suezmax at massive price Greek owner said to be adding the Bristol to two sisters it bought in June
Longship posts small loss in 'challenging spot market' Short-sea owner takes delivery of new vessel as it welcomes improved performance of modern assets
New Braemar boss Grant Foley pockets share options worth over $1.3m Former finance chief took over from James Gundy in July
Drone attacks halt tanker exports from key Black Sea terminal Sheskharis facility at Novorossiysk handles 700,000 bpd of crude shipments
Genco fires one last shot as it 'sets records straight' on Diana's failed hostile takeover US owner lays out demands made a day before Greek rival pulled bid
Kim Heng swings to loss as vessel deliveries slip into second half Delayed vessel deliveries tip Singaporean offshore player to a first-half loss, though operating cash flow holds up.
Atlantic Navigation holds steady as Gulf conflict clouds outlook Cross-chartering and ship repair divisions keep revenues flowing as offshore player prepares to rebuild owned fleet
Raft of product tankers turn up in the fleet of new Indian tanker player Dweepa Shipping's focus for now appears to be domestic cabotage trades
China's Arctic container experiment turns into weekly service Sea Legend scales up as Middle East turmoil strengthens case for alternative routes
Work halted at Bangladesh yard as death toll rises in LNG ship scrapping Nine confirmed dead and six hurt as workers find gas in confined lower tank
Yerevan-based group posed as US carriers, stole freight and converted proceeds to crypto, Armenian police say Cyber police in Armenia raided commercial space inside a Yerevan hotel on July 23. Investigators accuse occupants of posing as employees of American freight carriers. The suspects allegedly redirected shipments, sold the goods and converted proceeds into crypto assets. Authorities have not disclosed the total loss or cargo types. The Armenian Interior Ministry announced the operation Aug. 14. Cri
Laredo hits low-balance truck toll accounts with fines up to $2,000 Commercial carriers crossing the U.S.-Mexico border through Laredo's World Trade Bridge and Colombia-Solidarity Bridge could face penalties of up to $2,000 under a new policy aimed at reducing traffic disruptions caused by insufficient toll account balances. The city of Laredo Bridge System began enforcing the updated TradeTag policy on Monday. Under the program, commercial vehicles arriving at t
DATA CENTER BOOM: Why freight demand is stronger than you think Don't let traditional metrics fool you. Dr. Jason Miller uncovers how an explosion in data center construction is quietly fueling significant freight demand, often going unnoticed by conventional measures. We dive into how this overlooked sector is influencing the market and what it means for capacity and rates in the near future. Plus, what Federal Reserve rate hikes could mean for demand down t
Slowest Freight Monday: Why Volume is MISSING from the Market The freight market is experiencing one of its slowest Mondays this year, with experts noting a significant lack of volume. Is this a seasonal blip or a deeper structural shift? We dive into how contract repricing, rising tender lead times, and intermodal's surge are impacting the trucking industry. What does this mean for capacity and driver availability moving forward? Freight volumes collapsed
Electric Trucking: Is Tesla Semi Ready? Inter-Coastal Trucking shares their 2-week Tesla Semi demo experience, revealing surprising driver reactions, range realities, and significant operational savings. Get the inside scoop on electric trucking viability for northeast routes. Intracoastal Trucking, a 100-truck, 600-trailer truckload carrier based in the Northeast, is currently running a two-week demo of a Tesla Semi on some of the reg
Why Your Trucking Lead Times are Getting Longer Dive deep into FreightWaves SONAR data as we uncover surprising trends in tender lead times. Discover why lead times are extending, even during typical seasonal lulls, and what this 'orderly tightness' means for the freight market. We'll break down the data for markets like St. Louis and Atlanta, offering crucial insights for shippers and brokers. Truckload tender lead times have climbed to 3.71
Supply Chain Fraud: $111M Theft Shows New Sophistication Freight crime is escalating, with new, sophisticated tactics like 'bump and run' causing massive losses for shippers and carriers. U.S. Bank's Jeff Pape breaks down the emerging fraud trends, the crucial role of trust in carrier relationships, and how AI could reshape supply chain security amidst economic shifts. A $111 million theft of semiconductors - in which escort vehicles were cut off and t
Empty containers a freighted issue for global trade growth Global trade is turning in a surprisingly strong performance this year - along with a rising tide of empty containers that have always been problematic for shipping lines and ports. "Container volumes turn out more resilient than expected this year, despite all headwinds," said Rico Luman, senior economist for Dutch investment bank ING (NYSE: ING ). "But it comes with much more empties." Luman sa
The world's third-largest shipping line has a new US chief The CMA CGM Group announced the appointment of Natasha Griffin as chief executive of CMA CGM North America. Based in Norfolk, Va., Griffin will lead CMA CGM's operations and strategic development across North America, overseeing ocean shipping, logistics, intermodal, and supply chain activities, the Marseilles company said in a release. Natasha Griffin "North America is a strategic market for CMA
Korean Air installing automated cargo equipment at Incheon, JFK terminals Korean Air is making significant investments to automate cargo handling and enhance storage infrastructure at its key cargo hubs in Seoul and New York, FreightWaves has learned. The modernization projects are aimed at maintaining competitiveness by boosting operational efficiency and freight capacity, especially as the carrier prioritizes high-value, temperature-sensitive and specialized freight
$634K in cocaine found hidden inside tractor at Texas border crossing U.S. Customs and Border Protection officers found $634,000 worth of suspected cocaine concealed inside a commercial tractor in Texas. The truck arrived at Pharr International Bridge from Reynosa, Mexico, on Aug. 7. Officers sent the vehicle to secondary inspection after its initial encounter at the cargo facility. Investigators ultimately recovered 18 packages weighing a combined 47.48 pounds. CB
Court freezes Trump administration bid for nationwide CDL database A federal judge has temporarily halted the Department of Homeland Security's effort to obtain records tied to roughly 17 million commercial driver's license holders, granting an administrative stay while a coalition of states challenges the request in court. The order issued on Friday by the U.S. District Court for the Eastern District of Virginia prevents the American Association of Motor Vehicl
Progressive battles truck crash claim, says tractor-trailer wasn't covered Progressive Express Insurance Co. has filed a federal lawsuit in Houston seeking a declaration that it owes no coverage for claims arising from a 2023 highway crash involving a tractor-trailer operated by Florida-based MMT Carriers. The complaint, filed Thursday in the U.S. District Court for the Southern District of Texas, asks a judge to determine that Progressive has no duty to defend or indem
Bad breakup: GlobalX Airlines revokes lawsuit vs. Ascent Global Logistics Charter operator Global Crossing Airlines has dismissed a breach-of-contract lawsuit against Ascent Global Logistics, its one-time largest shareholder, and terminated their exclusive brokerage agreement, ending a saga that contributed to the carrier's persistent difficulty generating business for its cargo fleet. Miami-based Global Crossing, or GlobalX, sued Ascent Global Logistics on June 4 for
New study: Hormuz just one of many shipping chokepoints The Strait of Hormuz deserves attention, but it is only one part of a wider network whose disruptions can expose economies and companies to abrupt trade, cost and supply-chain shocks, a new study finds. The key risk is not simply that a waterway closes permanently, argues Oxford Economics. More commonly, threats to trade routes produce delays, diversions, reduced vessel capacity, higher insurance
Truckload linehaul rates rip higher in July, Cass says Weaker volume trends in July didn't keep truckload linehaul rates from ripping higher, according to a monthly report from Cass Information Systems. Cass' TL linehaul index, which tracks rates excluding fuel and accessorial surcharges, increased 2.3% from June and was 8.6% higher year over year. July marked 19 consecutive y/y increases and the largest in four years. (The dataset is up 11.2% over t
Amazon deploys drones outside U.S. for 1st time Amazon has been delivering packages by drone since February from a large fulfillment center in Darlington, England, the first location outside the United States where Amazon has expanded the Prime Air service. Drones are another way for Amazon ( NASDAQ: AMZN ) to increase delivery speed and convenience for customers and the retail giant is deploying drones at scale this year. Like in the U.S., de
Police recover $258K copper load from stolen J.B. Hunt trailer in North Carolina A stolen 53-foot J.B. Hunt trailer led North Carolina police to approximately $258,000 in copper wire Friday. Kenly officers recovered both the equipment and its contents. They located the suspected driver at a nearby truck stop. The arrest followed information about a cargo theft operation spanning multiple jurisdictions. The Kenly Police Department received information about the suspected organ
Dohrn bets on camera data to cut fleet insurance costs Insurance premiums keep climbing across trucking. Unfortunately for carriers, they cannot opt out of the trend. What a fleet can control is the experience data sitting underneath its own renewal. For Dohrn, a Midwest LTL carrier with about 2,000 employees, that data now comes from AI cameras. The company finished converting its fleet to dual-facing event recorders roughly a year ago. Accidents ha
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