Topic
carriers
Logistics Carriers Gain Leverage: Become a Shipper of Choice to Win Capacity, Says Covenant SVP
Carriers have entered their strongest negotiating position in years, giving them leverage to prioritize shippers offering predictable, steady freight volumes. Covenant Transport SVP Tyson Wimberly shared strategies at the Univar Carrier Kickoff, highlighting regulatory constraints, insurance cost inflation, and driver pay variability as key challenges. Shippers must become a 'shipper of choice' to win capacity.
Logistics GTT Projects 550 New LNG Carriers Needed by 2035, Signaling Fleet Expansion
GTT expects around 550 LNG carriers to be ordered between 2026 and 2035, adding to the current record orderbook of 338 ships. The forecast is driven by 37m tonnes per annum of new liquefaction capacity reaching FID this year and a projected 5% annual LNG demand growth, primarily from Asia. Shipyard capacity is expanding to meet demand, with Korean and Chinese yards expected to exceed 100 annual slots by 2028.
Logistics Is This Trucking Market Different? Why Capacity Won't Flood Back In
Triumph Financial CEO Aaron Graft explains that increased litigation, regulation, and legislation are acting as barriers to entry in the trucking market, preventing the surge of new capacity seen in previous cycles. This structural shift suggests tight market conditions may persist longer than expected, impacting profitability and driver availability for freight operators.
Logistics Asyad Brings Omani Investors Into LNG Carrier Pair, Retains Majority Control
Asyad Shipping has sold 20% stakes in the companies owning two new LNG carriers – Muscat LNG and Musandam LNG – to Omani investors. Oman LNG Development Foundation Investment Fund and Mars Development and Investment each acquired 10%, while Asyad retains 80% and operational control. The 174,000 cbm vessels were built by HD Hyundai Samho and are on long-term charter to Oman LNG.
Logistics Indonesian Owners Give Older LNG Carriers a Second Life Amid Sliding Values
Indonesian owners have bought six large LNG carriers in 2026, half of which were laid up, as vessel values continue a four-year decline. Sillo Maritime Perdana and Soechi Lines each purchased a 158,000 cu m MISC vessel for about $65m, while Buana Lautan Line bought a 138,000 cu m steam turbine carrier for $14.9m. The reactivation of idle tonnage affects LNG shipping supply, while one older vessel is being scrapped.
Logistics Highway, Post-Montgomery, Requires ELD Hookups for All Carriers by July 5
Highway is requiring all carriers on its compliance system to connect their electronic logging devices (ELDs) by July 5, a direct response to the Supreme Court's Montgomery v. Caribe Transport II ruling that makes brokers liable for carrier negligence. About 90% of carriers are already connected, but the remaining 10% face failed broker connections if they do not comply.
Trade Finance Demystifying Factoring: How It Can Become a Real Business Tool for Carriers
Factoring is often misunderstood by carriers, seen as costly or confusing. Summar Financial advocates for transparency and offers Summar Shield to protect eligible invoices beyond 90 days. Carriers should ask key questions about non-recourse coverage to avoid surprises.
Logistics Why the Best LTL Carriers Are Built, Not Bought: Old Dominion's Operational Mastery
Old Dominion Freight Line has been ranked the #1 National LTL Carrier for Quality for 16 consecutive years by Mastio & Company. The company's consistent performance is underpinned by proactive fleet maintenance, advanced load planning technology, and integrated workforce training, setting it apart from carriers that treat price as the primary differentiator.
Finance How carriers can scale with Goldman Sachs’ 10,000 Small Businesses program
Goldman Sachs' 10,000 Small Businesses program provides free business education and capital access to small trucking companies. The 12-week curriculum helps owner-operators move beyond operational bottlenecks, while a network of lenders offers average loans of $52,000. Alumni data shows 66% report increased revenue six months after graduation, rising to 74% by 30 months.
Logistics C.H. Robinson Launches BidBoardX to Connect Carriers with Committed Freight
C.H. Robinson launched BidBoardX, a self-service digital tool connecting carriers with committed freight opportunities. The platform addresses spot market volatility and aims to improve freight stability for both carriers and shippers. BidBoardX operates at C.H. Robinson's scale of 450,000 carriers and 75,000 customers.
Logistics Freight Distress Report: More Carriers Shut Down, Logistics Firms Cut Jobs Across US
A new wave of bankruptcies and layoffs swept through US transportation and logistics from June 5 to June 15, 2026. Notable filings include Triple RRR Carriers (Chapter 7) and Expeditors International cutting ~230 technology jobs. The distress underscores elevated operating costs and financing challenges.
Logistics Truckload carriers eye multiyear rate upcycle as capacity tightens
The truckload market is entering a multiyear rate upcycle as capacity constraints tighten due to regulatory enforcement and cost inflation. Carriers like J.B. Hunt, Schneider National, and Werner Enterprises report accelerating contract renewals and double-digit rate hikes, while routing guides crumble and spot rates surge. Shippers face urgent need to secure sustainable carrier partnerships to mitigate rising costs.
Logistics C.H. Robinson Tightens Carrier Safety Compliance Post-Court Ruling
C.H. Robinson is enforcing stricter safety compliance for carriers, influenced by a recent Supreme Court ruling. This change affects carrier eligibility and booking capabilities.