Port Canaveral expands cargo business with new international container service Port Canaveral today announced a new bi-monthly international container service that connects Central Florida with key markets in Mexico and the U.S. Northeast as a result of a new partnership formed between
Fraser Industries in modernization MOU with HD Hyundai Fraser Shipyards, located in Superior, Wis., on the shore of Lake Superior, is set to become a "demonstration model" for rebuilding the U.S. shipbuilding industry under a shipyard modernization Memorandum of Understanding
Damen to refit four Royal Bahamas Defence Force vessels Damen Shipyards Group and the Government of the Commonwealth of the Bahamas have signed contracts for a comprehensive refit program covering four Royal Bahamas Defence Force (RBDF) vessels, restoring and extending the
Ferguson Marine, Malin Abram and Coastworks deliver Type 26 frigate units Scotland's Ferguson Marine (Port Glasgow) Ltd, Malin Abram and Coastworks recently completed and delivered three structural units to BAE Systems for the Royal Navy's HMS Birmingham, the fourth ship in the U.K.'s
HD Hyundai Samho to supply four new Port of Tacoma port cranes HD Hyundai reports that its HD Hyundai Samho subsidiary recently signed a contract with Washington United Terminals Inc. (WUT) to supply four port cranes to the Port of Tacoma, Wash.. Announced in
Tugboat captain in deadly Biscayne Bay collision pleads guilty to seaman's manslaughter The U.S. Attorney's Office for the Southern District of Florida reports that tugboat captain Yusiel Lopez Insua has pleaded guilty to seaman's manslaughter. after operating a barge with obstructed visibility and without
Pilbara Ports awards contract for road reconstruction at port Hedland Pilbara Ports has awarded a contract to Melchor Contracting Pty Ltd for the reconstruction of the Utah Ring Road at the Utah Bulk Handling Facility in Port Hedland, under a AU$ 37 million project supported by the Cook Labor Government. The contract marks a significant investment in critical port infrastructure at one of the world's busiest bulk export hubs. The project involves the reconstruction
GEODIS deploys next-generation CO2 tankers in Italy GEODIS has expanded its road transport fleet in Italy with the deployment of two next-generation CO2 tankers, strengthening its capabilities in the transportation of industrial gases across Italy and Europe. The new vehicles entered service on 1 July and are based in Cormano. They form part of GEODIS' fleet of 20 CO2 tankers, with the company planning further fleet modernization to meet evolving
ClassNK updates fire-fighting guidelines for container ships ClassNK has released Edition 2.0 of its Guidelines for Additional Fire-fighting Measures for Container Carrier, incorporating operational experience and the latest industry developments to strengthen fire safety on container vessels. The updated guidelines provide criteria for evaluating fire-fighting measures that go beyond the mandatory requirements of international conventions and regulations.
Revised policy strengthens investment framework for UK port infrastructure The UK Government has published a revised National Policy Statement for Ports, introducing a stronger presumption in favour of approving Development Consent Orders for nationally significant port infrastructure projects. The updated framework, published by the Department for Transport, is designed to support long-term investment in the UK port sector while recognising ports' critical role in econ
Yusen Logistics opens LEED Gold-certified logistics center in northern Vietnam Yusen Logistics (Vietnam) has opened the Yusen Hung Yen Logistics Center (YHLC) in Hung Yen Province, expanding its footprint in northern Vietnam with a new multi-functional warehouse designed to strengthen regional supply chains. The facility is the company's seventh logistics center in Vietnam and offers 18,634 square metres of warehouse space on a 40,000-square-metre site. It provides capacity
IBIA calls for further investigation into marine fuel quality concerns The International Bunker Industry Association (IBIA) has called for further technical investigation into recent reports linking operational issues on ships to certain residual marine fuels containing compounds that may indicate the presence of shale oil. Following a review by its Technical Working Group, IBIA said the information currently available does not establish a direct causal relationship
Does the pipeline MoU make commercial shipping a beneficiary? From corridor to system The Iraq-Syria arrangement a corridor , not yet a system contingent on trucking converting into fixed infrastructure
GT Lines launches East Africa-Gulf shipping service via Khorfakkan GT Lines has launched the Khorfakkan Tanzania Express (KTX) , a new shipping service linking Khorfakkan, UAE, with Dar es Salaam, Tanzania, strengthening trade connections between East Africa and the Gulf. The service is scheduled to begin in mid-August and will operate on a 10-day frequency using two dedicated vessels. GT Lines said the service will offer a nine-day transit time between Khorfakk
New US tariffs take effect after import surge The United States has introduced a new round of import tariffs after months of strong cargo volumes driven by businesses rushing to bring goods into the country before higher duties took effect. The new measures replace the temporary 10% global tariff that expired on 24 July. According to the Office of the United States Trade Representative (USTR) , the new action imposes tariffs of 10% or 12.5%
Port of Barcelona grows container traffic 4.3% in first half of 2026 The Port of Barcelona handled 35.87 million tonnes of cargo during the first half of 2026, a 3.5% increase compared with the same period last year, driven by growth in containers, vehicles, bulk cargo and passenger traffic. Container throughput reached 1.93 million TEUs, up 4.3% year-on-year. Import containers recorded particularly strong growth, rising 6.7% to 380,000 TEUs. The port also reporte
Explainer: How Fujairah is rewiring Gulf trade The United Arab Emirates appears to be laying the physical groundwork for a Gulf trade system that no longer depends on the Strait of Hormuz
Maersk partners with ShippyPro to expand e-commerce services A.P. Moller - Maersk has partnered with ShippyPro to make its e-commerce logistics services available through the shipping management platform's multi-carrier solution. The integration allows ShippyPro customers to access Maersk E-Commerce services directly within their existing shipping workflows, enabling them to manage parcel deliveries, tracking and returns without requiring additional techno
RCL cancels China-Red Sea sailing over security risks Regional Container Lines (RCL) has cancelled a scheduled China-Red Sea sailing, citing the continued escalation of security threats in the Red Sea region. The carrier said it has declared Force Majeure and withdrawn the planned voyage of MV TS Chennai 2604E . RCL added that all additional costs arising from the disruption-including handling, storage, re-routing, transshipment, inland transportati
Baltic Container Terminal handles largest vessel ever to call Baltic Container Terminal, ICTSI's operation at the Port of Gdynia, has successfully handled the inaugural call of MSC Venice, the largest and longest vessel ever to dock at the port. The 399-metre vessel, with a capacity of 16,652 TEUs, demonstrates the port's capability to service the largest container ships currently operating in the Baltic Sea. The milestone is the direct result of a series o
HMM to expand Tacoma terminal capacity with new port cranes HMM will expand the capacity of its Washington United Terminals (WUT) in the Port of Tacoma after signing a contract with HD Hyundai Samho for the supply of four new port cranes. The project includes the replacement of two quay cranes and the addition of two yard cranes. The upgrade will enable the terminal to handle larger container vessels and increase its annual capacity from 590,000 TEUs to 8
Readers Speak: Red Sea remains unpredictable for shipping The Red Sea continues to be viewed with caution, according to the latest Readers Speak poll. While some carriers have resumed services through the region, readers believe uncertainty still defines one of the world's most important shipping corridors. The poll found that most participants describe the Red Sea as unpredictable , while many others believe it remains too risky . Together, the results
Konecranes reports strong order growth in first half of 2026 Konecranes increased its order intake during the first half of 2026, supported by higher demand across its Industrial Equipment and Port Solutions businesses. The company maintained its full-year outlook despite lower sales and profitability. During the second quarter, order intake rose 13.2% to €1.24 billion. Net sales declined 3.1% to €1.02 billion, while comparable EBITA fell 13.8% to €129.5 m
Greta Shipping and Hapag-Lloyd reinstate India-Gulf service Greta Shipping and Hapag-Lloyd will reinstate their joint India Gulf (IG1) service, expanding connections between India and the Gulf region, according to DynaLiners. The revised rotation adds Karachi and Sohar to the service. The route will cover: Kandla - Nhava Sheva - Karachi - Khor Fakkan - Sohar - Kandla. The service will be operated by three vessels of around 2,500 TEU. The reinstated networ
ONE adds Australia service through Maersk's Qilin network Ocean Network Express (ONE) will charter slots on Maersk's new Qilin service between China and Australia. ONE will market the service under the name AUX. The service will be operated by five vessels of around 2,700 TEU. The port rotation will be: Shanghai - Sydney - Melbourne - Shanghai. The agreement expands ONE's Australia service offering while allowing the carrier to utilise capacity on Maers
Diana rolls newcastlemax into bumper fixture New York-listed Greek bulker owner Diana Shipping has secured a 65% rate increase for its newcastlemax Philadelphia in a fresh fixture with Classic Maritime. The 2012-built, 206,040 dwt vessel will earn $35,500 per day, less a 5% commission, from August 8. The charter runs until at least March 10, 2027, with Classic able to keep ...
Asyad brings Omani investors into LNG carrier pair Asyad Shipping has agreed to sell 20% stakes in the companies that own two of the Omani group's latest LNG carriers. Oman LNG Development Foundation Investment Fund and Mars Development and Investment will each acquire 10% of the vessel-owning companies behind Muscat LNG and Musandam LNG. Asyad will retain the remaining 80% in both companies. ...
DH Shipbuilding sets annual order record with fresh suezmax pair South Korea's DH Shipbuilding has landed two more suezmax tanker newbuildings, taking the yard's order intake this year to a record 17 ships. The contract with an unnamed new European customer is worth KRW271.3bn ($196m) and covers two 157,000 dwt crude carriers for delivery by the end of 2029. The deal represents about 22% of ...
Keppel brings Apollo into legacy rig sell-down Apollo has agreed to invest $1.5bn in a new Keppel-managed fund set up to hold up to 10 legacy offshore drilling rigs. The Keppel Offshore Fund will initially acquire six operational rigs from Keppel subsidiary Rigco Holding for about S$1.2bn ($957m). Keppel is expected to receive around $478m in cash from the first phase, which ...
Crown Estate opens accelerated tender for 1.5GW offshore wind site The Crown Estate has launched a new tender for the 1.5GW Morgan offshore wind site in the Irish Sea, with a replacement developer potentially selected by the end of the year. The move follows the withdrawal of EnBW and JERA Nex BP from the project earlier this year. The Crown Estate confirmed in June that ...
Japanese bank merger creates $12.8bn ship finance heavyweight Two of Japan's most important regional maritime lenders are joining forces, creating a banking group with more than ¥2.1trn ($12.8bn) in ship and maritime loans. Iyogin Holdings and Ehime Bank, both headquartered in Matsuyama, signed a basic agreement on Friday to work towards a business integration. The transaction is scheduled to take effect on April ...
Sinotrans readies second Qingshan feeder quartet Sinotrans Container Lines is moving to double its feeder programme at China Merchants' revived Qingshan Shipyard with a second batch of four 1,800 teu vessels. The carrier's Hong Kong subsidiary issued a direct procurement invitation to Qingshan this month covering construction of the quartet. The latest move follows a contract signed in May for an ...
UK Supreme Court strengthens shipbuyer rights Britain's Supreme Court has ruled that buyers can recover loss-of-bargain damages when seller negligence delays delivery under the Norwegian Saleform 2012, even where the breach is not serious enough to be considered repudiatory. The unanimous judgment stems from the failed $15m sale of the capsize bulker Lila Lisbon by Orion Shipping and Trading to Great ...
Bangladesh leads ultramax buying spree Buyers are refusing to go on summer holidays in the dry cargo sale and purchase market, with ultramaxes emerging as the standout assets as buyers chase modern Japanese-built tonnage. According to Lion Shipbrokers, five ultramaxes changed hands over the past week, with four selling for more than $35m.The highest-priced deal saw Seacon dispose of the ...
Rubico lines up third GSI MR with Trafigura charter Nasdaq-listed Rubico is lining up its third MR tanker newbuilding through another related-party deal with Top Ships. The Athens-based owner has signed a letter of intent to acquire a special-purpose company holding a contract for an MR product and chemical tanker at Guangzhou Shipyard International. The vessel is scheduled for delivery in the second quarter ...
Weekend lull fails to unlock Hormuz shipping The Strait of Hormuz experienced its quietest weekend in nearly two weeks after the US and Iran paused their attacks, but commercial shipping remained close to paralysis and tensions continued to spread towards the Red Sea. The Pentagon halted its bombing campaign late on Friday after 13 consecutive nights of strikes. No fresh US or ...
Pharos drops Ratio deal for Serica's higher offer UK oil and gas player Serica Energy has struck a deal to acquire Pharos Energy, outbidding Ratio Petroleum Energy. The offer values Pharos' issued and to be issued share capital at approximately £145.7m ($194m). The proposal represents a 20.7% premium to the combined cash and special dividend offered by Ratio and a 28.6% premium to ...
Rescuers scour South China Sea for survivors after Vietnamese ship sinks A multinational rescue operation is underway in the South China Sea after the Vietnamese general cargo ship Khoi Nguyen 18 sank in severe weather near Fiery Cross Reef. Chinese maritime authorities said 47 Vietnamese nationals had been rescued by Chinese units by Monday morning, with one more picked up by the Vietnamese side. The latest ...
Ukraine strike on Iranian ship ties wars together The wars in Ukraine and the Middle East collided at sea over the weekend after a Ukrainian long-range drone strike hit an Iranian vessel in the Caspian Sea, prompting Tehran to warn that the attack would not go unanswered. Iran said the unidentified commercial ship was struck early on Saturday, triggering an explosion that killed ...
Seamec to provide diving services on ONGC DSVs Indian vessel operator Seamec has entered into a diving services agreement with its parent company HAL Offshore to provide subsea diving services on two ONGC vessels. The company will conduct diving services on the 1986-built Samudra Prabha and the 1988-built Samudra Sevak diving support vessels (DSVs), both of which are managed by Seamec. The two ...
The race to reinvent shipmanagement Only managers that use technology to combine scale, flexibility and dedicated service will break through the industry's long-standing 20% market ceiling, writes Mark O'Neil. During my time as president and CEO of the Columbia Group, I instilled in my colleagues the belief that to be successful and to grow the business we had to be ...
Saipem lands $913m Ivory Coast and Italy contract double Italian energy services contractor Saipem has been awarded two new contracts, one offshore in Ivory Coast and one onshore in Italy, for a total value of approximately €800m ($913m). The first contract, awarded by Eni Côte d'Ivoire and its partners, refers to the Baleine Phase 3 project, the third development phase of the Baleine oil ...
The Daily View: Insurance, not missiles, may become shipping's biggest Gulf constraint
Hormuz transits collapse as violence against ships escalates Traffic through the Hormuz plunged to levels seen during the early stages of the conflict as hostilities in the region...
Diana ends tender offer for Genco shares but steps up heat for deal Diana Shipping has ended its tender offer for Genco shares but intensified pressure on the US-listed bulker owner, accusing its...
Disrupted Saudi tanker traffic goes dark following Houthi embargo Saudi oil exports from the Red Sea are increasingly disappearing from view as tanker operators switch off tracking signals or...
Hormuz war risk cover tops $10m for single VLCC trip War risk premiums for Strait of Hormuz transits have surged back into double digits for some owners as renewed US-Iran...
Seventeen missing after Vietnamese cargoship sinks Chinese and Vietnamese search-and-rescue vessels have rescued 45 of the vessel's crew, but many seafarers remain unaccounted for
Costamare clinches $1.3bn in boxship fleet refinancing New York-listed owner of 71 vessels and 22 more on order increases dividend
Bulker involved in deadly attacks sinks Nobody was on board the bulker when it sunk, Ukrainian authorities confirmed
Port Hedland congestion continues to hit multi-month highs Higher volumes of fuel and ammonium nitrate imports are behind the increased congestion, port officials say
The week in newbuildings: Bahri, Essberger, Seacon and Yang Ming drive wave of new shipbuilding contracts Shipowners and shipyards disclosed contracts for 37 newbuildings over the past week, spanning the dry cargo, tanker, boxship and ro-ro...
The Week in Charts: Red Sea U-turns continue as Houthis prepare more attacks | China's continued vehicle export boom boosts PCTC charter rates Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Chinese state giants pull VLCCs from Red Sea as safety trumps commercial gains Chinese state VLCC operators apply the same playbook to the Red Sea as they did to Hormuz: get out and...
Maritime risk rises as Ukraine hits Iran-linked vessel in Caspian Sea Merging geopolitical flashpoints have upped the risk for shipping as the choke on Hormuz continues amid the war between Russia...
Daily Briefing Next chapter in Trump tariff saga: new levies with more to come | Trump passes Hormuz and Red Sea bill...
UP, NS file supplemental merger information with US regulators The railroads say the answers they were required to file to questions posed by the Surface Transportation Board include customer protections that go beyond those contained in the original merger application.
Hormuz closure drags down schedule reliability, except for top carriers Sea-Intelligence Maritime Analysis said the typical delay for a late-arriving container ship ticked up in the second quarter due to service changes brought on by the closure of the strait.
HMM to focus on building feeder, medium-sized fleet in new five-year plan The roughly $20 billion plan represents a pivot by the carrier away from ordering ultra-large container ships.
'Pockets' of improvement seen raising US LTL demand LTL rates are rising in a mid-single-digit range as shipments got heavier and more frequent throughout the second quarter, carrier executives say.
Claimants circle first tanker seized by US in Venezuela campaign Judge orders parties to nominate mediators after sale effort descends into dispute
Up not down: Genco Shipping rebuts Diana claims on falling bulker values Add one more dispute to the list of topics on which Diana Shipping and Genco fail to see eye to eye
Hornbeck Offshore asks judge to decide on Coast Guard video camera dispute without trial US Justice Department argues that an inspector's claim that cameras were not required in non-crew accommodations was not a final decision
Chinese shipbuilding surges as US takes baby steps in drive to counter Beijing's dominance US lawmakers thought 53% market share was a problem. How about 82.3%?
Samsung Heavy Industries' strong orderbook boosts 2026 first-half earnings At $10bn, shipbuilder's orderbook is already close to meeting 2026 annual target
Greek tankers ship out Iraqi fuel transported to Mediterranean by truck Kyklades and Polembros ships fixed for novel trips to get exports out of the Middle East
DHT Holdings ships swarm Suez Canal as Sumed pipeline route develops Few VLCCs in the Atlantic or Mediterranean are available, potentially pushing rates higher
Iran claims control of Strait of Hormuz after 13-night bombing campaign ends Tehran says it is not looking to continue talks even as oil prices fall
Trafigura tied to $47.5m product tanker buy as deal flow disrupted by conflict Western Shipping sells second LR2 this year, brokers say
Hanwha Ocean starts marketing delivery slots for first half 2031 Shipbuilder quizzed over undelivered Arc7 LNG carriers for Russia
Diana Shipping banks stronger rate for newcastlemax time charter Bulk carrier will earn $35,500 per day from its new deal with Classic Maritime
Torm tanker dodges Houthi Red Sea threat by taking long route around Africa The Torm Innovation avoids Bab el-Mandeb by heading through Suez Canal
Diana Shipping hits back at Genco as it withdraws tender offer Greek bulker owner accuses US-listed rival of 'misleading' investors over takeover talks
Costamare banks $1.3bn loan package as profit tops forecasts Greek container ship owner cuts repayments and extends maturity with new financing
QatarEnergy offers fresh LNG carriers out for short-term charter as Gulf crisis rolls on Continuing disruption to Qatari exports sparking new concerns about supplies to Asia and Europe
Pan Ocean picks CSSC yard for latest VLCC newbuilding brace Shipowner now has three tanker newbuildings on order at Qingdao Beihai Heavy Industry
Greek shipowner Westport Bulkers banks $12m profit from flipping capesize Deal shows Chinese buyers are still in the market for older capesizes
QatarEnergy dangles fresh LNG carriers out for short-term charter as Gulf crisis rolls on Continuing disruption to Qatari exports sparking fresh concerns about supplies to Asia and Europe
Seventeen seafarers missing after cargo ship sinks near contested islands The vessel was carrying 62 Vietnamese crew members when it sunk in the Spratly Islands region
Pan Ocean chooses CSSC yard for latest VLCC newbuilding brace Shipowner now has three tankers on order at Qingdao Beihai Heavy Industry
Dynacom tanker damaged in Strait of Hormuz attack seen leaking fuel after being towed to Iran Satellite images showed trail from the product carrier Kavomaleas
Saudi VLCCs shuttling crude to Suez Canal pipeline as Houthi workaround One VLCC charges $18.5m to load at the Mediterranean end of the Sumed line
Adani Group shipping arm sheds capesize pair in first sale for two years Group owned by Asia's richest man has divests bulkers in an en-bloc deal
Sanctioned tanker 'breaks US blockade' with 'sophisticated' fake documents Analysts from Windward say stateless tanker was carrying Iranian diesel
Tehran threatens reprisals after deadly Ukraine strike on Iranian ship Attack that left one seafarer dead 'cannot go unanswered', Islamic Republic warns
GasLog Partners reveals sale price for last LNG steamship Twenty-year-old vessel now deployed shipping cargoes from Russia's Sakhalin 2 to China
Two seafarers plucked from Black Sea after Russian double drone attack on ship Men had jumped from the vessel to escape a fire burning on board
Strait of Hormuz weekend detente sends Oslo shipping stocks lower Oslo Shipping Index drops 2% due to lull in US-Iran battle
Asyad brings in investors to part-own $500m LNG carrier newbuildings Omani owner says two domestic funds have bought 20% of the Muscat and Musandam
Air attacks send Red Sea ship transits plunging to lowest level this year Ships reroute or await developments as Houthis and Saudi forces trade strikes
Tehran threatens reprisals after deadly Ukraine hit on Iranian ship Attack that left one seafarer dead 'cannot go unanswered', Islamic Republic warns
Bulker hit in deadliest ship attack of Ukraine war sinks off Odesa Ukraine also reports two seafarers missing after fresh attack on Palau-flagged ship carrying corn
Zhejiang Shipping expands bulker fleet with order for ultramax newbuildings The deal is believed to be the company's first newbuilding contract of the year
Pistiolis company buys resale tanker for charter to Trafigura Rubico makes it three newbuildings in deal with Top Ships' CEO
Researchers warn right to claw back carbon costs from charterers is unenforceable Current rules labelled toothless tiger by researchers who say proposed ETS changes also fail to address problems
US military disables second vessel in enforcement of Hormuz blockade Forces claim tanker tried to breach blockage at least four times before strike
Middle East Gulf vessel entries hit zero after Sinokor VLCC gets out Operational threat assessed as critical
From classroom to quay: Norwegian teenager takes rope idea to Singapore European youth champion tests whether shipping will embrace his sustainability concept
Forever Shipping scores premium scrap price for aframax tanker Tonnage-starved Bangladeshi recyclers described as eager to get ships into their yards
Chinese lessors widen sell-off of Bourbon-linked offshore vessels after PSV is sold at auction Two DP3 support vessels enter ShipBid programme at roughly half their market values
Indonesian food giant offloads veteran bulker Sale underscores the strong S&P market for dry bulk vessels
TFI first look: truckload shines, LTL doesn't keep up TFI International's flagship LTL operations in the second quarter were improved from a year ago by some metrics, weaker by other benchmarks, but it was the less-heralded truckload operations that really stood out. Truckload revenue for TFI International (NYSE: TFII) was up from the second quarter of 2025 by 12.6%, adjusted EBITDA rose by 14.75%, and the operating ratio (OR) was up 400 basis point
Political divide: red states back non-domiciled CDL changes Twenty three states, all of them with Republican governors, have joined the case of Lujan vs. FMCSA to argue in favor of the CDL restrictions implemented by the federal government earlier this year. In another step in the leadup to the September 15 oral arguments in the case before the Court of Appeals for the District of Columbia, an amici curiae brief was filed last week by Florida, Alabama, Al
DHL eCommerce to acquire Baltic parcel carrier Venipak DHL has agreed to acquire Lithuania-based Venipak Group, expanding its parcel delivery reach in the Baltic states and furthering the consolidation movement underway in the European last-mile delivery sector. According to an announcement on Monday, DHL Group will fold Venipak operating companies in Lithuania, Latvia and Estonia into its DHL eCommerce division. DHL eCommerce specializes in cross-bo
7 smuggled migrants die in sealed rail container, 11 face life sentences Federal prosecutors charged 11 people in connection with the deaths of seven migrants inside a rail cargo container in Texas. The indictment describes a human-smuggling organization that used cargo trains to move people farther into the United States. Officials announced the charges Friday in Del Rio, Texas. Each defendant faces up to life in prison if convicted. The indictment covers conduct fro
Conrail CEO Gorton retiring Brian Gorton, president and chief executive of Conrail, is retiring. The former Union Pacific (NYSE: UNP ) executive has led Conrail, a terminal and switching railroad co-owned by Norfolk Southern (NYSE: NSC ) and CSX (NASDAQ: CSX ) since 2021. "It has been my pleasure and honor to have served as Conrail's president and chief operating officer for the last six years," Gorton wrote on LinkedIn. "I
DSV loves RFD: Logistics provider and airport hook up over air cargo Global logistics giant DSV on Saturday launched a weekly dedicated air charter service from Seoul, South Korea, to Chicago-Rockford International Airport, underscoring the airport's growing popularity as a cargo relief valve for crowded O'Hare airport, an hour's drive to the east. DSV has contracted with all-cargo airline Atlas Air to operate a Boeing 777-200 freighter on the route, Zack Oakley,
$1.5M theft ring exploited shipment tracking, insider access A New York man pleaded guilty to participating in an international cargo theft conspiracy that federal prosecutors say targeted valuable electronic shipments before delivery. Raimond Cabrera De Leon entered the plea July 16 in U.S. District Court for the District of New Jersey. He admitted conspiring to receive and transport stolen goods connected to losses exceeding $1.5 million. The plea marks
War sends Asia-US ocean rates soaring 234% since February Far East container shipping rates are gradually softening and expected to decline further in August, though they are falling significantly slower than they spiked. "Spot rates on the major ocean container shipping trades out of the Far East continue to soften, edging down 1% into the U.S. West Coast, North Europe and Mediterranean while remaining flat into the U.S. East Coast," said Emily Stausbo
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