Parekh Marine Services scripts new record: 6,650 cars loaded onto single vessel at Mundra Port
Mumbai Port Authority accelerates road and allied works to address traffic surge
German business delegation visits Mumbai Port; conveys interest in participating through maritime, logistics, infrastructure and technology-led cooperation
Kerala plans transformation of Kollam Port into satellite facility for Vizhinjam
DP World Cochin welcomes new shipping service connecting India to key Middle East hubs
Weekly ocean container shipping market update
Asian carriers scale Arctic trade voyages to bypass volatile southern chokepoints
Moody's upgrades India's FY27 GDP forecast to 7 pc citing Middle East shock resilience
Asyad Group inks agreements towards deploying new technologies and solutions across its logistics and maritime operations
Transito launches Total Freight as low-water challenges on the Rhine persist
Soaring war-risk premiums push up Arabian Gulf-India VLCC freight
Mazagon Dock Shipbuilders to be anchor shipyard in proposed Greenfield Shipbuilding Industrial Cluster at Dighi
India secures duty-free quota access for 2.8 MT of steel exports to European Union
Syama Prasad Mookerjee Port hosts a strategic dialogue between the Ministry and stakeholders for a self-reliant and globally competitive maritime India
Cadeler and Vattenfall look to shape the next generation of offshore wind maintenance solutions Copenhagen-headquartered wind farm installation giant Cadeler says that its wind farm service business, Nexra, and Sweden's Vattenfall Vindkraft AB have entered into a memorandum of understanding (MoU) for a strategic collaboration to
Trafigura launches new VLCC company Volare Shipping One of the world's largest charterers and operators of ships, commodity trading giant Trafigura, has established a new, dedicated group company, Volare Shipping Ltd. to own, operate and scale a modern fleet
Ampelmann's cargo drone services complete campaign at Triton Knoll Think Ampelman and you likely immediately think walk to work, but the Delft, Netherlands-based offshore transfer specialist's services aren't confined to W2W gangways. It also provides cargo drone services and has recently
FERRIES 2026: Downtime's hidden costs can hold ferry systems back For ferry operators, downtime can cost far more than a missed sailing or lost fare revenue. Service disruptions can ripple throughout an operation, affecting passenger confidence, ridership, crews, capital planning and ultimately
Austal USA uses newly certified floating dry dock for $10.8M LCS 24 award Within days of announcing that the floating dry dock that is now the centerpiece of its San Diego facility had received certification, Austal USA reported that it had received a $10.8 million
Heartland Fabrication to invest $60M in expanding hopper barge production Heartland Fabrication LLC reports that it is making a phased, multi-year capital investment of approximately $60 million to modernize and expand its shipyard on the Monongahela River in Brownsville, Pa. The program
Conrad wins contract to build up to four LCU 1700 class craft Morgan City, La.-headquartered Conrad Shipyard reports that it has been awarded a competitive Prototype Other Transaction agreement to build two Landing Craft Utility 1700-class craft, with options for two additional craft. Under
Durban Gateway Terminal waives storage charges amid congestion Durban Gateway Terminal (DGT) has waived container storage charges as it continues efforts to restore operational stability following congestion and disruption at the terminal. The ICTSI-operated facility has been working to clear container backlogs and improve cargo flows following operational difficulties associated with its transition to the Navis N4 terminal operating system. DGT continues to
Maersk adjusts Qilin service for ten Asia-Australia sailings Maersk will temporarily adjust its Qilin service for ten sailings amid prolonged vessel waiting times and weather-related disruption in Shanghai. The contingency arrangement will cover voyages 641S to 650S. It will begin with GSL Elizabeth voyage 641S, which is scheduled to arrive in Shanghai on 9 October 2026. Under the temporary arrangement, the service will follow this rotation: Shanghai - Hon
Japan launches weekly container throughput data for six major ports Japan has launched a new weekly container throughput report covering six of the country's major ports, aiming to provide a faster picture of changes in international container flows. The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) began publishing the new Container Cargo Flow Weekly Report on 18 September, using data collected through Japan's Cyber Port platform. The system cov
A tariff truce sails into a tighter sea Washington and Beijing are discussing tariff relief on US LNG, a relief lands in a market the Hormuz crisis has already rewired
Maersk introduces heavy load surcharge on Far East-Middle East trade Maersk will introduce a Heavy Load Surcharge (HWS) for heavy 40-foot containers moving from Far East Asia to selected Middle Eastern markets. The surcharge will take effect from a price calculation date of 5 October 2026. It will apply when the container's Verified Gross Mass (VGM) exceeds 20 metric tonnes. Origin Destination Equipment VGM Surcharge Far East Asia UAE, Saudi Arabia, Bahrain, Iraq,
NX Group partners with India to develop semiconductor logistics infrastructure Nippon Express Holdings has signed a memorandum of understanding with the India Semiconductor Mission (ISM) to develop logistics infrastructure for India's growing semiconductor industry. The agreement will focus on specialized transport and warehousing requirements for semiconductor-related cargo. NX plans semiconductor logistics center in Gujarat The partnership comes as NX Group expands its lo
Meratus launches new Vietnam-Southwest Pacific service Meratus will launch its new international CIDX service on 1 October 2026, connecting Vietnam with Indonesia, Timor-Leste and Papua New Guinea. The inaugural sailing will depart from SP-ITC Port in Ho Chi Minh City aboard Meratus Kutai. The CIDX service will operate with the following port rotation: Ho Chi Minh City - Semarang - Surabaya - Dili - Lae - Motukea The new service will provide Vietname
Maersk opens new container depot in Cameroon Maersk has opened a new container depot in Kribi, Cameroon, as part of its continued investment in Africa's logistics infrastructure. The 16,000-square-metre facility has a capacity of 1,500 TEU. It will support cargo flows through the deep-water Port of Kribi, which serves Cameroon and neighbouring landlocked markets. The depot provides specialised cargo handling, container storage, customs insp
Kuehne+Nagel announces long-term collaboration with Amazon Kuehne+Nagel has entered into a long-term strategic collaboration with Amazon to support new business opportunities and strengthen services for the technology and e-commerce group. The agreement builds on the companies' existing relationship. It will focus on scale, innovation and the development of services for Amazon and its affiliates. "We are excited to enter this long-term collaboration with
OOCL launches new China-Cambodia-Thailand service OOCL will launch a new container service connecting South China with Cambodia and Thailand in October. The new China Cambodia Thailand Service (CCT4) will begin operations on 23 October 2026. CCT4 connects four Asian ports The service will provide direct connections between Nansha and Shekou in South China, Sihanoukville in Cambodia and Songkhla in Thailand. The full port rotation will be: Nansha
Alexandria port reports smooth operations Navigation and cargo handling operations at the Alexandria Port Authority proceeded smoothly over the reported 24-hour period, with 32 vessels arriving and 9 departing for a total of 41 ship movements. A total of 38 vessels were active or berthed at quays, reflecting efficient vessel traffic management in accordance with scheduled maritime timetables. Combined cargo handling across the ports of A
Etihad Rail launches Fujairah-Abu Dhabi container service with AD Ports Etihad Rail and AD Ports Group have launched a direct rail freight service connecting Fujairah Terminals with the Industrial City of Abu Dhabi (ICAD). The new service will transport containers around 200 km between Fujairah and Abu Dhabi. It will initially operate three times per week. The partners have also established ICAD as a customs-enabled inland cargo gateway. Containers can clear customs
How a Hormuz transit deal nearly handed Iran a veto over the Gulf This week's collapse of the Iran-Oman negotiation over a new Hormuz transit channel is not a footnote to the broader Gulf conflict it is the clearest documentary evidence yet of the mechanism Container News has tracked since early 2026 under the Tollbooth Doctrine: Iran's pursuit of discretionary control over chokepoint access, sought now through diplomacy rather than force alone
Readers Speak: Global access leads shipping resilience priorities Global access is the most important factor in building a country's shipping resilience , according to the latest Readers Speak poll. When asked what matters most for a country's shipping resilience, readers placed global access clearly ahead of port capacity, national carrier and government protection. The results suggest that maintaining connections with international shipping networks is viewed
The Indian Ocean's rerouting ports are being pulled in two directions at once Hormuz has stopped being a crisis and become an institution. The Red Sea is doing the opposite and for Mombasa, Dar es Salaam, Durban, Djibouti and Beira, which chokepoint moves first will decide who keeps their gains
DP World Cochin sets monthly container record with nearly 98,000 TEUs DP World Cochin handled a record 97,952 TEUs in August 2026, marking the highest monthly container throughput in the terminal's history. Volumes at the International Container Transshipment Terminal (ICTT) increased 51% compared with August 2025. Container volumes reach new high The August performance followed two months of strong container traffic at the terminal. ICTT handled 74,644 TEUs in Jun
Hong Kong shifts port strategy from volume to value Hong Kong is shifting the development strategy of its container port from volume growth towards higher-value maritime and logistics services under the city's first Five-Year Plan for Economic and Social Development. The 2026-2030 plan sets out a new direction for Hong Kong Port, with the government aiming to stabilise container throughput while increasing the value generated by the wider maritime
Maersk reports improving East Asia port conditions after typhoon disruption Maersk has reported gradual improvements in port performance and vessel flows across East Asia following disruption caused by the region's typhoon season. However, the carrier warned that another typhoon could develop during the week of 21-27 September. Port and vessel flows gradually improve Maersk said operational conditions remain challenging across parts of the region. However, port performan
How regional chaos is hardening the UAE's String of Ports As Houthi advances squeeze the Red Sea and Hormuz tensions persist, Abu Dhabi and Dubai's decades-old bypass architecture is absorbing the shock and using it to widen its lead. The UAE's String of Ports was never built as a simple commercial portfolio
CMA CGM updates peak season surcharges across major trades CMA CGM has announced a series of Peak Season Surcharge (PSS) updates covering trades to Africa, Mauritius, Europe and the United States. The measures take effect between 21 September and 15 October, depending on the trade. China to Africa and Mauritius From 21 September, CMA CGM will apply new PSS levels on several trades from China to West Africa. For shipments from Central and South China to N
PIONEERS and MAGPIE projects deliver green port master plan and digital tools Two EU-funded Horizon 2020 projects, PIONEERS and MAGPIE, have concluded five years of work by delivering a Green Port Master Plan to the European Commission alongside free digital tools available to any European port, extending the benefits of the work beyond the 90 partner organisations in the two consortia. PIONEERS, coordinated by the Port of Antwerp-Bruges with the ports of Barcelona, Venlo
How three wars are crowding out the challenges that will actually define the next decade Punit Oza from Maritime NXT on risks that come from crisis distraction, a big topic up for discussion at Thursday's Splash Singapore conference. Since early 2026 the world's attention - and its risk desks, insurance markets, and naval assets - have been consumed by three overlapping conflicts. The Russia-Ukraine war has ground into its fifth ...
Asyad sheds ageing tanker trio for $178m Oman's Asyad Shipping has agreed to sell three of the oldest tankers in its fleet for a combined OMR68.44m ($178m) as the Muscat-listed owner accelerates the replacement of ageing tonnage with a large slate of newbuildings. The company is selling the 2011-built VLCCs Seeb and Samail for a combined OMR61.7m ($160.5m). A separate transaction covers ...
ATE Energy brings new cable layer into Taiwan market Taiwanese offshore engineering player ATE Energy International has brought its new cable-laying vessel Oceanus 1 into service, adding another locally based installation asset to the country's growing offshore energy supply chain. The Taiwan-flagged DPS-2 vessel arrived in Kaohsiung on September 16 following handover from Vietnam's Pacific Shipbuilding, with Singapore-based Synergy Marine Group ta
Transpetrol broadens tanker fleet with LR1 newbuilds Transpetrol has moved into the LR1 newbuilding segment, ordering two 75,000 dwt product tankers at China's Yangzijiang Shipbuilding as the Belgian owner continues to reshape its fleet. The privately held company said the two "super eco" vessels are scheduled for delivery in the first and second quarters of 2030. No contract price or propulsion arrangement ...
Cadeler expands offshore wind maintenance push with Vattenfall partnership Cadeler's offshore wind services platform Nexra has signed a memorandum of understanding with Vattenfall to develop new methods for maintaining large offshore turbines. The companies will focus on major component exchanges, including replacing heavy turbine parts such as blades, nacelles, and gearboxes. Their work will examine how specialist vessels, equipment, service procedures and long-term ma
Turkey delays Black Sea FPU deployment Turkey has pushed back the planned departure of the Osman Gazi floating production platform from Filyos Port to late October, delaying its deployment to the Sakarya gas field in the Black Sea. Energy and Natural Resources Minister Alparslan Bayraktar had previously said the unit would leave Filyos at the end of September and enter service ...
Marfret orders boxship pair at Chinese newcomer yard Marseille-based liner Marfret has signed for two feeder containerships at China's Hubei Guangji Green Energy Shipbuilding, handing the recently commissioned Yangtze yard another overseas order. The contract covers two 480 teu ships. Pricing and delivery dates have not been disclosed. Shanghai Merchant Ship Design and Research Institute (SDARI) is behind the design, with the vessels ...
Japan, US and South Korea line up Arctic shipping pact Japan, the US and South Korea are preparing to sign a memorandum covering maritime cooperation and energy supply in the Arctic, adding a new geopolitical layer to the accelerating commercialisation of northern shipping routes. Foreign ministers Toshimitsu Motegi, Marco Rubio and Cho Hyun are expected to sign the agreement in New York on the sidelines ...
Trafigura rolls out VLCC venture Volare Shipping with Oslo IPO Commodity trading giant Trafigura is opening its growing VLCC fleet to outside investors, launching a $500m private placement ahead of a planned Oslo listing of newly created Volare Shipping. Singapore-incorporated Volare will start with six VLCCs on the water and another eight newbuildings due through 2028, giving the company a 14-ship fleet once the programme ...
Do you take weather risk seriously? Part 2 Part two of this episode looks at how different aspects of the shipping industry, especially ports and terminals, can mitigate...
No, Hormuz isn't closed, Centcom navy number two tells marine underwriters Insurers should trust US armed forces to protect ships and shouldn't comply with Tehran demands, IUMI conference hears
Arctic crude traffic surges as sanctioned tankers head for China Russia's Arctic crude corridor has become a sanctioned-only lane and China is still taking the barrels
Bulker and fishing vessel collide in congested Singapore Strait traffic A Japanese kamsarmax and a Chinese fishing boat collided in the Singapore Strait amid heavy ship traffic in the westbound...
Charterers seek co-assured status as war risks test insurance norms While co-assurance may protect charterers who pay for additional war-risk cover, shipowners and insurers warn of competing interests
Marine insurance premiums hit all-time high But strip out currency effects and things still look soft, statistician tells IUMI conference
Russia accuses Nato of maritime sabotage as Black Sea shipping risks escalate Russia has used an official IMO submission to accuse Nato states of orchestrating attacks on merchant shipping, linking maritime security...
The week in newbuildings: Maersk discloses big ULCS order Over the past week, 54 newbuildings were reported, including contracts for a large series of ultra-large boxships for Maersk
The week in charts: Shipping stocks, led by tanker names, pile on more gains in September | LPG tanker calls at Ukraine's Danube ports slump Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Trump signs Russia sanctions law targeting oil buyers and shadow fleet New US legislation gives Donald Trump the power to impose tariffs of up to 100% on big buyers of Russian...
Trafigura launches tanker spin-off Volare Shipping with $500m Oslo IPO Commodity trader seeks public capital to expand its VLCC fleet, betting tanker assets are becoming strategically important amid shifting energy...
Daily Briefing Shipping stocks, led by tanker names, pile on more gains in September | LPG tanker calls to Ukraine's Danube ports...
Canadian legislation creates new path to limit freight labor disruption Introduction of a bill being called "Build Canada Strong" comes ahead of the March expiration of the contract between Western Canadian maritime employers and longshore unions.
STB member not yet convinced UP-NS rail merger is good idea But Richard Kloster, the regulator's newest member, said he can still be convinced to vote for the $85 billion deal as the exhaustive review process unfolds.
K+N, Amazon sign long-term deal for logistics, cloud services For hyperscaler AWS, Kuehne + Nagel said it will be responsible for logistics-related services for the cloud computing platform, ranging from "construction and equipment deployment to ongoing maintenance, upgrades, and expansion projects."
ODFL to raise transactional LTL base rates 4.9% as market tightens The second-largest US LTL provider is keeping its annual increase in non-contract tariff rates low and steady compared with competitors as LTL rates and fuel costs climb.
CMA CGM adds Halifax to India-USEC 'Indamex' service The Port of Halifax has been without a direct call from the Indian subcontinent since a rival service from Mediterranean Shipping Co. ended in June.
Ocean carriers blanking fewer Golden Week sailings - for now Experts say the number of blanks and reduction in available capacity on the trans-Pacific and Asia-Europe trade lanes are likely to increase as the week-long holiday draws closer.
Cargo flow in Pakistan, Bangladesh hobbled by deepening energy crisis Authorities in Pakistan have imposed fuel supply restrictions akin to pandemic-era enforcement measures, while Bangladesh's economic mainstay - the textile and garment sector - has seen factories shut or curtail production lines.
Nanjing Tanker steps up product tanker push with four-ship tender Chinese tanker owner needs to increase its fleet tonnage to stay competitive
Union Maritime strikes for nine newbuildings in order spree Latest additions include newcastlemax and handysize bulkers, plus chemical and product tankers.
Will Gianluigi Aponte's MSC Group wrest control over newbuilding berths by buying a yard? Shipping giant reported to be in talks to acquire Germany's Meyer Werft
Global hull premiums top $10bn driven by weak dollar Analysts say market for insurers remains weak despite premium bump
Hormuz drone strike hits Adnoc VLGC in violent start to week TradeWinds has counted at least 99 vessel strikes since war began
Industry groups align to launch first maritime educator award ASBA foundation teams with NAMEPA to honour those who help introduce next generation to maritime roles
Greek tanker owners hold out for better prices as spot rates hit record levels Stampede for tonnage puts ship owners in the driving seat of S&P talks with oil exporters and energy traders
Idle ships in Gulf pose threat for maritime insurers when they start moving Some 150 vessels are sitting idle trapped in the Middle East Gulf due to attacks in the Strait of Hormuz
Ardmore Shipping tied to sale of product tanker as values climb Brokers say US-listed shipowner achieved the same price it paid for product and chemical tanker 12 years ago
Serial buyer Sinokor flips former Bahri VLCC for $34m profit Brokers say elderly tanker fetches up to $93m from Middle Eastern buyer
Tributes paid to MSC 'icon' Pasquale Formisano Legendary architect of huge shipping group has died
Iranian tycoon's bank hit by US sanctions over Strait of Hormuz tolls Trump administration says BitBank transferred payments from HormuzSafe Marine Services Authority to the Iranian regime
Mercuria moves for four tankers as suezmax term rates surge higher Ships can now command up to $125,000 per day for one-year charters
Joakim Hannisdahl: Long-term shipping bets are off the menu in volatile markets Gersemi Shipping Fund sticking to short-term trades after challenging August
How the US is shielding ships from Iranian missiles in the Strait of Hormuz Senior US naval officer said security for shipping was improving as Iran struck another tanker in the region
Fresh Iran attack injures seafarers on Greek product tanker UKMTO reports four strikes on oil carriers since Thursday, including a hit on Scorpio Tankers vessel
Tor Olav Troim-backed Golar LNG mulls US dollar bond issue Floating LNG-focused company starts to tap market as it grows out its business
Broker Ifchor Galbraiths targets expanding bauxite trade with new service Swiss-UK shop launches Bauxite 360 to boost research reach
Jinhui Shipping adds pair to growing ultramax bulker orderbook Hong Kong owner has been ordering new vessels as part of its fleet replacement programme
Fresh Iran attacks in Strait of Hormuz injure seafarers UKMTO reports four attacks on oil carriers since Thursday, including a hit on Scorpio Tankers vessel
Mercuria clinches its $925m 'Samurai' loan in Japan Cash will go towards working capital and general corporate use
FSRU provider Energos Infrastructure put on sales block by Apollo Rumours swirl as likely buyers for $2bn to $3bn company mooted
Iraq trucks southern crude north to bypass Strait of Hormuz Move follows road operation to get oil to Syria due to chokepoint chaos
Fearnley Securities targets Greeks with new investment banking hub in Athens Athens has been a fast-rising finance centre, including for new shipping offerings
Dorian LPG sells fifth VLGC as soaring freight rates lift secondhand values John Hadjipateras-led company scores more than $400m in gross proceeds from lucrative disposals of ageing ships
Hafnia faces high Torm takeover hurdle as tanker earnings roll in, Clarksons says Omar Nokta gives his latest view on potential mega-merger of product carrier players
QatarEnergy says moving its gas via pipeline and not as LNG makes 'no economic sense' Would be 'largest LNG trader' globally is ready to restart exports in weeks once Hormuz reopens
Nordic American cashes in as suezmaxes undercut VLCCs in 'extraordinary' market US owner and brokers highlight huge rates for million-barrel ships in chaotic tanker sector
US claims Strait of Hormuz oil flows at war-time high Threat level remains at severe as shuttle tanker runs continue through chokepoint
Maersk upgraded to buy as Fearnleys sees 'market shockwaves' boosting container rates Congestion may have risen above the Covid peak
Transpetrol moves into new tanker sector with 'super-eco' order in China Belgian owner will take delivery of new product carriers in 2030
'New world' order for VLCCs supports Trafigura tanker IPO in Oslo Trader to debut in public markets as oil exporters seek strategic shipping reserves
Who is Volare Shipping's new CEO Alexandre Duff? Self-proclaimed 'low-key' tanker specialist set for public spotlight as head of incoming listed entity
Trafigura launches $500m Oslo IPO for new VLCC spin-off Volare Shipping Trader floats new tanker owning company, with plans to expand into other sectors
Bulker in violent collision with fishing boat close to major waterway Viral footage shows smaller vessel heeling sharply as seawater sweeps across its deck
Hanwha Ocean scores approval in principal for fuel tank that can transition from LNG to ammonia Design allows fuel flexibility for LNG carriers
Asyad Shipping cashes in on its oldest VLCCs and product tanker Omani owner says disposals will allow it to increase operating efficiency
Marine insurers hit by $2bn Middle East claims Trade body chief says underwriting losses were 20 times more than earnings amid criticisms of high premiums
PrePass, Kodiak tie driverless trucks to weigh stations PrePass and Kodiak AI announced a collaboration Monday that routes safety inspection records from Kodiak's autonomous trucks into state roadside screening and enforcement systems. Implementation begins the same day in Texas and Louisiana. The process runs through the PrePass platform, which commercial fleets already use for weigh station bypass and toll payment. Inspection information from a Kodi
Diesel Supply Down 8%: What Trucking Faces Next Diesel supply is down 8% worldwide - and that's the number trucking needs to watch. Andy Lipow of Lipow Oil Associates breaks down how Russian refinery attacks, Strait of Hormuz risk and Middle East disruptions are squeezing diesel markets while crude stays relatively softer. If you move freight, buy fuel or manage transportation costs, this is the energy outlook that matters. #Diesel #EnergyMark
Yard Automation Is Here - What's Blocking Adoption? Autonomous yard trucks are moving from pilot to commercialization. Douglas Taylor of Autonomous Solutions explains why yard automation isn't a tech problem anymore - it's an adoption and yard-operations problem. He breaks down what's slowing fleets and facilities down, how Mobius connects with the yard management system, and why consistency, visibility and remote supervision matter if you want au
Site Selection Shift: Cost Is Out, Resilience Is In Site selection is changing fast: resilience is beating pure low-cost analysis. DiDi Caldwell, CEO of Global Location Strategies, breaks down how manufacturers are weighing energy, labor, logistics, tariffs, border risk and community pushback when deciding where to put new capacity. She also explains why companies are delaying irreversible bets, why North America has an edge, and how NIMBY fights
Diesel vs Spot Rates: Why Carriers Are Better Off Than Last Year Truckload rejections just climbed back to 14.5%, and that's the clearest sign yet that peak season may finally be showing up. In this SONAR update, the FreightWaves Today team breaks down tender rejections, truckload volumes, diesel prices and linehaul rates to answer the question every carrier and broker is asking: is this market tightening, or just teasing a turn? Key takeaway: capacity is stil
How 750 Trucks Handle Packers Game-Day Freight Packers logistics is a no-fail job, and Paper Transport has handled it for 10 years. Ben Schill breaks down how the Green Bay Packers' gear gets to away games, where the backup plan sits, and why dedicated trucking matters when game day freight can't miss. The conversation also gets into carrier quality, brokerage risk and why stronger enforcement is changing the market for asset-based fleets. #T
U.S. emissions rollback on Boeing 777 freighter helps air logistics The Federal Aviation Administration's decision last week to waive an upcoming production ban for the Boeing 777 freighter is welcome news for airlines and freight forwarders because the air cargo industry is experiencing a shortage of widebody capacity. The FAA granted Boeing ( NYSE: BA ) an exemption to produce 35 777 freighter aircraft beyond the Jan. 1, 2028 international deadline mandating th
Florida troopers recover 2 stolen semis hauling tires and batteries; driver flees Florida troopers recovered two stolen tractor-trailers carrying tires and lithium-ion batteries at a St. Johns County truck stop. Authorities arrested Eugenio Gonzalez-Merlo, 42, of Jacksonville. Another driver escaped on foot. An FHP arrest report details the September 14 operation. Georgia State Patrol alerted Florida's Cargo Theft Task Force about a stolen tire shipment heading south along Int
Samsara report finds 10% of risk-ranked drivers account for 47% of crashes The top 10% of drivers ranked as highest risk by Samsara's Risk Model accounted for 47% of crashes in a new report released by the company. The finding is part of Samsara's new Compounding Risk Report, which examines how combinations of driving behaviors and other factors can contribute to elevated crash risk. The company says the research can help fleet managers identify where to focus limited c
Kuehne+Nagel takes logistics lead for Amazon data center expansion Global logistics powerhouse Kuehne+Nagel has signed a long-term deal cementing its existing collaboration with Amazon through which it provides supply chain services for the cloud computing giant's massive buildout of data centers and other infrastructure needs. Switzerland-based Kuehne+Nagel ( SWX: KNIN ) said Monday that the contract covers logistics services for any part of Amazon's business,
CBP importer crackdown puts thousands of cross-border freight shipments at risk U.S. Customs and Border Protection has begun voiding importer-of-record numbers containing inaccurate or incomplete information, an enforcement crackdown that could prevent affected companies from clearing U.S.-bound freight and leave cargo stranded at ports of entry. The new enforcement regime took effect Friday and applies to existing as well as new importers. Once CBP voids an importer-of-reco
Old Dominion pulls forward 4.9% GRI as LTL carriers accelerate rate hikes Old Dominion Freight Line announced Monday a 4.9% general rate increase to various tariff codes effective Oct. 5. The increase comes one month earlier than last year's hike, which was also moved up by a month. Less-than-truckload carriers usually implement GRIs for standard tariff codes annually. The percentage increase represents an expected average of adjustments to base rates across different
Super Ego's Mimic notches win in court case; settlement coming? Several counts against Super Ego's Aleksandar Mimic have been dismissed by a federal judge, with settlement talks in the lawsuit against the controversial trucking network reportedly progressing. In a decision last week in the U.S. District Court for the Northern District of Illinois, Judge Martha Pacold tossed out several of the counts in a lawsuit against Mimic and his related network of compan
Canadian carrier charged over alleged foreign worker violations A Canadian trucking company and one of its representatives have been charged with allegedly misleading and taking unfair advantage of foreign workers in Saskatchewan. Escalade Transportation Inc. and Hafiz Tariq Ayub each face three charges under Saskatchewan's former Foreign Worker Recruitment and Immigration Services Act, according to the provincial government, according to a news release . The
Another aspect of Montgomery: it might make human brokers more valuable Naperville, Illinois-In a day-long conference devoted to the business of logistics mergers and acquisitions, and the markets those companies serve, a guest that wasn't on the attendee list or the agenda showed up unexpectedly: Montgomery vs. Caribe Transport II. That recent Supreme Court decision opening the door to greater broker liability could always be seen as having the potential to spur M&A
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