Topic
Logistics
Logistics Lanesurf: 62% of Loads Get Vetted Carrier Offers Before Brokers Arrive
According to FreightWaves, Lanesurf automates carrier outreach so that 62% of loads have pre-vetted offers before brokers start their day. The platform, used by Top 100 brokers, handles over 400,000 annualized carrier communications.
Logistics Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb
CMA CGM posted a 42.4% increase in second-quarter EBITDA to $2.26 billion, with maritime volumes rising 6% to 6.3 million TEUs. The carrier attributed the results to geopolitical instability, sustained freight rates, and network adjustments, including new services like the Mekong Transpacific Express.
Logistics Tenants signing longer leases for larger warehouses as 3PLs lock in capacity
Leases on U.S. industrial properties with at least one million square feet more than doubled to 38 in the first half of 2026, up from 16 a year earlier. The top-100 leases totaled 93.6 million square feet, a 26% year-over-year increase, as occupiers made longer-term commitments, with average lease terms rising five months to 89 months. Third-party logistics providers held the majority of the largest leases but saw their share decline.
The 10 most overcrowded train services in England and Wales revealed by DfT data
The Department for Transport has published data showing the most overcrowded train services in England and Wales for autumn 2025. A Thameslink service from Bedford to Three Bridges had the highest load factor at 176%. Overall, overcrowding fell slightly to 1.1% of peak-time travellers due to a 4% increase in capacity.
Logistics Veo Launches Electric Trike for Shared Micromobility in Denver, Eyes US Expansion
Veo has announced the Rover, a sit-down electric trike for shared micromobility, in Denver. The vehicle features a 100-pound cargo basket, 45-mile range, and self-balancing design. Veo plans to expand the trike to cities across the US, potentially impacting last-mile delivery and urban mobility.
Logistics Is This Trucking Market Different? Why Capacity Won't Flood Back In
Triumph Financial CEO Aaron Graft argues that the current trucking upcycle is more structural than cyclical, with litigation risk, regulatory pressure, and a tight driver market preventing a surge of new capacity. Despite broker margin compression, load sizes are growing, and Triump's factoring data shows a 26% quarter-over-quarter rise in average invoice size, indicating supply tightening rather than demand surge.
Logistics TFI International Q2: LTL Steady but Truckload Soars on Supply Constraints, CEO Says
TFI International reported strong Q2 earnings with EPS up 41% to $1.65. However, the performance diverged sharply between LTL (18% EBITDA margin) and Truckload (24.1%). CEO Alain Bedard attributed truckload gains to supply constraints, not demand, and said this market dynamic is unprecedented in 30 years. LTL volume surged 7.5% but revenue per shipment fell 2%, leading to cost and service challenges.
Logistics Qantas Launches First All-Cargo Flight From Western Sydney Airport's New 24-Hour Cargo Campus
Qantas Freight operated its first commercial all-cargo flight from Western Sydney International Airport (WSI) for Australia Post, inaugurating a 258,000-square-foot cargo terminal. The new facility has no curfew, increasing air cargo capacity for New South Wales by 33% and supporting next-day delivery of e-commerce parcels.
Logistics Union Pacific, Norfolk Southern Add Customer Protections as STB Merger Review Advances
Union Pacific and Norfolk Southern have filed a supplemental customer protection plan with the Surface Transportation Board as part of their merger review. The plan includes four commitments: expanded pricing, broader customer protections, temporary alternative service, and rate relief if benefits are delayed. The move aims to address competition concerns and improve service reliability ahead of a potential mid-2027 close.
Logistics Ditaş Orders Two Suezmax Tankers at DH Shipbuilding in $196M Deal
Turkish tanker owner Ditaş has been linked to an order for two 157,000 dwt suezmaxes at South Korea's DH Shipbuilding, valued at KRW271.3bn ($196m). This marks Ditaş's first suezmax order in about a decade and would double its suezmax fleet to four vessels. DH Shipbuilding's 2026 order intake reaches a record 17 ships.
Trade Wove Launches Free Tariff Change Tool for Forwarders, Automates AI Agent Updates
Freight forwarders and customs brokers can now access a free tariff calculator from Wove that automates the tracking of Harmonized Tariff Schedule changes. Using AI agents, the platform can process hundreds of pages of tariff updates from the Federal Register in under an hour, addressing the rapid pace of trade policy shifts.
Logistics Swiggy Instamart CEO Amitesh Kumar Jha Resigns; Myntra's Nandita Sinha to Take Charge
Swiggy-owned quick commerce platform Instamart has a new CEO. Nandita Sinha will take over from August 3, succeeding Amitesh Kumar Jha who resigned to pursue external opportunities. Jha highlighted operational improvements in supply chain and unit economics during his tenure.
Logistics Shandong Port's Sealand Equipment Group Breaks Into Chemical Tanker Construction with First Order
Sealand Equipment Group, the shipbuilding arm of Shandong Port, has entered the chemical tanker segment with its first order: a 10,000 dwt vessel capable of carrying IMO II and III cargoes. The contract with an unnamed European customer marks a strategic shift from multipurpose and heavylift tonnage. The newbuilding, built in partnership with Tongling Port and Shipping, features a shaft-generator DC bus with battery storage for flexible power management.
Logistics UK Trade Body Urges Government to Approve Rosebank and Jackdaw Energy Projects
Offshore Energies UK (OEUK) has urged the UK government to approve the Rosebank and Jackdaw offshore energy projects, arguing delays threaten domestic supply and investor confidence. The combined £10.8bn projects could deliver 10% of UK gas and oil output, supporting thousands of jobs. OEUK warns that reliance on imports increases carbon footprint by up to four times.
Logistics Cheap Drones Expand Maritime Risk: Caspian Now a War Zone for Shipping
A weekend Ukrainian drone strike on an Iranian cargo vessel in the Caspian Sea has removed the assumption that the inland sea was immune from attack. The incident directly links the Ukraine and Middle East conflicts, forcing insurers to add the Caspian to their watchlist alongside the Red Sea, Black Sea, and Strait of Hormuz. Rerouting options are now limited, with no maritime substitute for the Caspian route.
Logistics Pan Ocean Confirms Two VLCC Newbuildings at Qingdao Beihai Shipyard
South Korean shipowner Pan Ocean has confirmed a pair of VLCC newbuildings at CSSC-controlled Qingdao Beihai Shipbuilding. The 319,000 dwt ammonia-ready vessels are scheduled for delivery in September 2030, priced around $122m each, according to market sources. This follows a single same-design VLCC ordered in March, bringing Pan Ocean's VLCC orderbook at the yard to three ships.
Logistics Aruna Shipping Doubles Down With 10-Ship Ultramax Bulk Carrier Programme in China
Turkey's Aruna Shipping has ordered up to 10 ultramax bulk carriers from Yangzhou Guoyu Shipbuilding's new Zhoushan operation, including six firm 64,500 dwt vessels and four options. The order, valued at up to $350 million, will more than double Aruna's owned fleet and marks a shift into larger dry bulk tonnage. Deliveries are expected from Q2 2028 through 2030, according to shipbuilding databases.
Logistics Diana Drops Hostile Tender for Genco as Takeover Talks Stall, Keeps Higher Bid on Table
Diana Shipping has allowed its hostile tender offer for Genco Shipping & Trading to expire after insufficient shares were tendered, but the company is keeping its separate $27.34-per-share takeover proposal on the table. The tender, which offered $24.80 per share, saw 31.6% of Genco's outside stock tendered. Diana now seeks direct negotiations, while Genco disputes valuation claims and questions the stock component of the proposal.
Logistics Velos Tankers Nets $33 Million Profit on Sale of Vintage Aframax Velos Emerald
Greek owner Velos Tankers has sold the 2008-built aframax Velos Emerald for $50m, generating a $33m profit over its purchase price five years ago. The sale underscores the current tanker asset boom, with the vessel having been heavily involved in Russian oil trades.
Logistics Small Can Test Can Prevent Nickel Ore Liquefaction Tragedy at Sea
Nickel ore that is too wet can liquefy during voyage, shifting cargo and causing vessel capsizing. The can test — a simple field test — helps crews identify dangerously wet cargo before loading. Captain Simon Hodgkinson of West P&I explains the procedure and its limitations.
Logistics US urged to create publicly backed container line to reduce foreign carrier dependence, report says
The Open Markets Institute report urges the US to create a publicly backed container shipping line to reduce dependence on foreign carriers, which control nearly 80% of global container capacity. The report alleges a 'container cartel' and proposes tighter FMC scrutiny, restored common-carrier protections, and expanded mariner training.
Logistics G2 Ocean CEO Arthur English Urges Shipping to Price Risk as One Interconnected System at Splash Singapore
Arthur English, CEO of G2 Ocean, urges the shipping industry to move beyond siloed risk management and instead treat geopolitical, operational, financial, and human factors as an interconnected system. Speaking ahead of September's Splash Singapore conference, he calls for more transparent allocation and pricing of risk, especially in the fragmented dry bulk sector.
Logistics TFI Q2: Truckload Revenue Jumps 12.6%, LTL Operating Ratio Slips 100 Basis Points
TFI International's Q2 2026 results reveal a strong truckload performance with revenue up 12.6% YoY and operating ratio improving to 86.1%, while LTL metrics lagged. Overall net income rose to $136.2 million. Equipment count decreased significantly, signaling potential capacity constraints.
Logistics 23 Red States Support FMCSA CDL Restrictions in Lujan vs. FMCSA Case
Twenty-three states with Republican governors have filed an amici curiae brief in Lujan vs. FMCSA, supporting the federal rule that restricts states from issuing commercial driver licenses to foreign-domiciled residents. The rule, finalized in February, allows CDLs only for holders of H-2A, H-2B, or E-2 visas. The brief cites a fatal crash by an unauthorized driver as evidence of need. The D.C. Court of Appeals will hear oral arguments on September 15. The case could tighten the driver pool for trucking companies relying on foreign-born drivers.
Logistics DHL eCommerce to Acquire Baltic Parcel Carrier Venipak, Strengthening European Last-Mile Network
DHL eCommerce has agreed to acquire Lithuania-based Venipak Group, expanding its last-mile delivery network in the Baltic states. The deal adds Venipak's 800 parcel lockers, 25 logistics terminals, and capabilities in B2B and B2C delivery to DHL's global express network. It reflects ongoing consolidation in European last-mile delivery.
Logistics 7 Smuggled Migrants Die in Sealed Rail Container; 11 Face Life Sentences
Federal prosecutors charged 11 people after seven migrants died inside a sealed Union Pacific rail cargo container in Texas. The case highlights how criminal groups exploit rail equipment for human smuggling, urging logistics professionals to report unauthorized access.
Logistics DH Shipbuilding Sets Annual Order Record with Fresh Suezmax Pair – New Deliveries Through 2029
South Korea's DH Shipbuilding has secured a KRW271.3bn ($196m) contract for two 157,000 dwt suezmax crude carriers from an unnamed European owner, pushing its 2025 order intake to a record 17 ships. The yard's orderbook now stands at 36 vessels, filling its construction schedule through the end of 2029.
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 Diana Shipping secures 65% rate increase for newcastlemax Philadelphia in fixture with Classic Maritime
New York-listed Diana Shipping has secured a 65% rate increase for its 206,040 dwt newcastlemax Philadelphia, fixing it with Classic Maritime at $35,500 per day from August 8. The charter runs until at least March 10, 2027, and is expected to generate about $7.46m in gross revenue over the minimum period. This marks a return to Classic Maritime for the vessel, which was previously chartered by them in 2021 at $28,500/day.
Logistics Conrail CEO Brian Gorton Announces Retirement After Six Years of Leadership
Brian Gorton, president and chief executive of Conrail, is retiring effective November 1, 2026. The former Union Pacific executive has led the terminal and switching railroad since 2021. Norfolk Southern announced it has begun a search for Gorton's successor.
Logistics DSV Launches Weekly Seoul-Rockford Air Charter, Bypassing Chicago O’Hare for Efficiency
DSV launched a weekly dedicated air charter service from Seoul, South Korea, to Chicago-Rockford International Airport (RFD), operated by Atlas Air with a Boeing 777-200 freighter. The service stops in Shanghai and Anchorage before continuing to Luxembourg. This move leverages RFD's advantages as a less congested secondary airport, with less taxi time and lower costs, as DSV plans further expansion including a future route to Chennai, India.
Supply Chain Systematic $1.5M cargo theft ring used FedEx tracking, insider bribes, feds say
Raimond Cabrera De Leon pleaded guilty to participating in an international cargo theft conspiracy that stole over $1.5 million in electronics by exploiting FedEx shipment tracking and bribing wireless carrier employees for insider information. The ring involved automated scripts, specialized roles, and over 400 thefts across New Jersey in 2024.
Logistics Asia-US Ocean Freight Rates Soar 234% Since February Amid Iran Conflict and Tariff Frontloading
Ocean container spot rates from Asia to the US have surged over 230% since the start of the Iran conflict in late February, driven by geopolitical disruption and tariff frontloading. While rates are now gradually softening, carriers are leveraging higher bunker costs to slow the decline. The peak shipping season appears to have ended early, and blank sailings are emerging.
Logistics Bangladesh leads ultramax buying spree as Meghna Group snaps up modern tonnage
Bangladesh has emerged as the most aggressive buyer in the dry bulk market, with ultramax bulkers leading a buying spree that saw five vessels change hands in the past week. Meghna Group is linked to purchases of two Oldendorff ultramaxes, while Seacon Tokyo sold for $41.6m. The buying spree is part of Bangladesh's efforts to expand its oceangoing merchant fleet, supported by financing discussions for an $80m IFC loan and a planned $1bn shipbuilding complex.
Logistics Sinotrans Doubles Qingshan Feeder Order with Second Quartet of 1,800 TEU Vessels
Sinotrans Container Lines is doubling its feeder vessel order at China Merchants' revived Qingshan Shipyard, issuing a procurement invitation for four additional 1,800 TEU ships. The move follows a May contract for an initial quartet and brings the total programme to eight vessels with an indicative investment of around RMB1.88 billion.
Logistics Weekend Lull Fails to Unlock Strait of Hormuz Shipping as Attacks Pause
A weekend lull in US-Iran attacks brought no relief to Strait of Hormuz shipping, with commercial traffic at around 12 daily passages and crude tanker transits at about one per day. The Pentagon halted its bombing campaign late Friday after 13 consecutive nights, but shipowners remain wary. Meanwhile, the Lloyd's Market Association published model wording (LMA5708) that could void hull cover for vessels paying transit fees, and US Central Command continued enforcement operations, including disabling a tanker in the Gulf of Oman.
Logistics Rubico Lines Up Third GSI MR Tanker Newbuilding with Trafigura Charter at $18,750/Day
Nasdaq-listed Rubico 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, with delivery scheduled for Q2 2029. The vessel has been fixed to Trafigura Maritime Logistics for seven years at $18,750 per day. The deal would lift Rubico's MR newbuilding pipeline to three GSI vessels.
Logistics Rescuers Scour South China Sea for Survivors After Vietnamese General Cargo Ship Sinks
The Vietnamese general cargo ship Khoi Nguyen 18 sank in severe weather near Fiery Cross Reef in the South China Sea. A multinational rescue operation involving Chinese, Vietnamese, and Philippine assets has rescued 47 of the 62 crew members, leaving 17 missing. The vessel's cargo and destination have not been disclosed.
Logistics Shipmanagement Industry Stagnant at 20% Outsourcing, Former Columbia Group CEO argues for Reinvention
Mark O'Neil, former president and CEO of Columbia Group, writes in Splash247 that outsourced shipmanagement still accounts for only about 20% of the global fleet, with 80% of operators preferring in-house models. He argues that the industry must move beyond traditional third-party approaches to embrace closer second-party partnerships and technology to become more compelling for the majority of maritime operators.
Logistics Georgia Builds 41 Miles of Toll-Free Truck-Only Lanes on I-75; GDOT Expects High Usage
The Georgia Department of Transportation (GDOT) released a construction timeline for a 41-mile, toll-free truck-only lane project on northbound I-75. Construction begins in 2027 with completion by the end of 2032, at an estimated cost of $3.5 billion. The project targets the tenth-worst truck bottleneck in the U.S. at McDonough, Georgia, where truck traffic accounts for nearly 30% of average daily volume.
Logistics India's First Hydrogen-Powered Train Completes 1,200 km Trials, Saves 3,200 Litres Diesel
India's first hydrogen-powered train has completed over 1,200 km of trial runs between Jind and Sonipat, saving 3,200 litres of diesel. The train uses hydrogen fuel cells to generate electricity, emitting only water vapour. Indian Railways plans to begin trials on the Delhi route next.
Logistics FMCSA Revisits Dormant Rule to Test Truck Safety Knowledge Before Granting Authority
FMCSA is revisiting a rule dormant since 2009 that would require new motor carriers to demonstrate safety knowledge before receiving operating authority, rather than after. The agency targets November 2026 for a supplemental advance notice of proposed rulemaking, potentially reversing a long-standing practice where audits follow months after carriers start hauling freight.
Water Supply Breakdown at Gatwick Airport Disrupts Both Terminals and Services
A water supply problem at Gatwick Airport is affecting both terminals, with toilets out of order and restaurants closed. The airport has implemented contingency measures, including distributing bottled water. SES Water is investigating the issue, which stems from a power outage at its Bough Beech Water Treatment Works.
Supply Chain Six-Year Tender Lead Time Climb Signals Structural Shift in Supply Chain Planning
The SONAR Tender Lead Time index has drifted higher for six straight years, reaching 3.74 days. The trend reflects improved planning, trade policy volatility, and increased inventory buffers, with implications for carrier operations and intermodal usage.
Logistics Shippers face tighter capacity as trucking rates hold near record highs
ACT Research's June For-Hire Trucking Index shows freight rates holding near record territory while capacity continues to tighten. The Freight Rate Index fell to 70.2 from May's record 79.7, but remains among the strongest readings in 17 years. Driver availability remains deeply depressed due to new FMCSA regulations, keeping pressure on rates.
Logistics Italian Police Seize $290 Million in Cocaine Hidden in Ecuador Banana Shipment at Port of Vado Ligure
Italian authorities seized nearly 1,700 pounds of cocaine hidden in a refrigerated shipping container carrying bananas at the Port of Vado Ligure. The container originated in Ecuador. The cocaine had an estimated street value of €250 million ($290 million). This bust is among the largest recent cocaine seizures at the port and highlights the use of legitimate refrigerated produce shipments for drug trafficking.
Logistics CN Boosts Outlook After Q2 Volume Growth Tops Expectations; Shippers See Network Gains
Canadian National Railway raised its full-year outlook after second-quarter earnings beat expectations. Operating income rose 9% to US$1.26 billion and revenue increased 11% to US$3.37 billion. Volume grew 5% in revenue ton miles, driven by strong grain, potash, and petroleum shipments, with network improvements in Western Canada boosting fluidity.
Logistics 3PL Stocks Tumble After Massive Texas Verdict Against C.H. Robinson
Investors sold off 3PL stocks on Friday after a Texas jury handed down a $604 million verdict against C.H. Robinson in a crash liability case. The decision, the first major test of a post-Montgomery ruling, raises questions about broker carrier-vetting standards and potential earnings impacts.
Logistics Nuclear container ships move closer with Port of Long Beach-Marad test program
The Port of Long Beach and the U.S. Maritime Administration have signed a Memorandum of Cooperation to test small modular reactor technology for powering commercial vessels and port operations. The project could lead to the first U.S.-flagged nuclear container ship since 1959, with potential to transform maritime supply chain energy use.
Supply Chain Freight Distress Report: Supply Chain Providers Cut More Than 1,200 Jobs as Consolidation Accelerates
Companies across the freight economy disclosed plans to eliminate at least 1,222 jobs between July 10 and July 24, driven by facility closures, contract losses, and network optimization. Amazon, Temco Logistics, and Freight Handlers Inc. accounted for most of the layoffs, while 10 transportation businesses sought Chapter 11 bankruptcy protection.
Logistics Marten Transport Q2 Signals Reefer Market Tightening; Capacity Cuts and Rate Hikes Underway
Marten Transport reported Q2 results indicating a sharp tightening in the refrigerated truckload market. CEO Randy Marten said the freight market is breaking out from the longest recession on record, with regulatory enforcement removing capacity. The company raised rates, improved freight selection, and saw revenue per loaded mile increase 6% year-over-year in its non-dedicated TL fleet, despite an 8% reduction in tractor count.
Logistics YMX Logistics Cuts Grocery Distributor's Yard Fleet by 36% With Autonomous Yard Operating System
YMX Logistics' Autonomous Yard Operating System (YOS) reduced a top-five U.S. grocery distribution network's yard truck fleet by 36%—from 22 to 14 units—and rolled out the system across nine sites in six months. The deployment earned YMX an honoree spot in FreightWaves' AI Excellence in Supply Chain Awards for Operational AI Integration.
Logistics Trucking Capacity Won't Flood Back In: Why This Market Is Structurally Different
Increased litigation, regulation, and legislation are acting as barriers to entry in the trucking market, preventing the surge of new capacity seen in previous upturns. According to Aaron Graft, CEO of Triumph Financial, this structural shift suggests tight market conditions may persist longer than anticipated, impacting profitability and driver availability.
Logistics Trucking Compliance Crackdown Expands: States Tighten Inspections, Driving Spot Rates Higher
The trucking industry faces an expanding compliance crackdown as states intensify safety inspections and enforce CDL regulations. This local enforcement is tightening the freight market, reducing available capacity, and pushing spot rates to near-record highs.
Logistics Cabinet Approves Rs 1,264-Crore Ballari-Guntakal Rail Project to Boost Freight and Passenger Connectivity
The Union cabinet approved a Rs 1,264-crore multi-tracking project on the Ballari-Guntakal rail section to add a third and fourth line, aiming to ease congestion, increase freight capacity by 16.22 million tonnes per annum, and improve connectivity across Karnataka and Andhra Pradesh. The project, part of the PM Gati Shakti plan, is expected to be completed by 2028-29.
Logistics BNSF: New UP-CN deal undermines case for merger
BNSF publicly opposed Union Pacific's merger with Norfolk Southern, arguing that UP's recent agreement with Canadian National actually undermines UP's claim that a merger is necessary to achieve benefits. BNSF contends the deal shows partnerships can deliver the same advantages, leaving fewer competitive options for shippers.
Logistics Modal Shift: Why Shippers Avoid Cheaper Intermodal Despite Cost Savings
Nicholas Shipe from Circle Logistics explains that in automotive logistics, shippers avoid cheaper intermodal rail because production uptime is the priority. Cost is not the only driver; manufacturers also consider America's overlooked energy advantage shaping industrial supply chains.
Technology How HERE Technologies uses a cognitive reasoning layer to explain AI route optimization decisions
HERE Technologies is adding an AI reasoning layer to its route optimization engine, moving beyond static plans to a system that learns from field data. New features include time-dependent optimization, walk clustering, and Last Meter Guidance, which closes the loop between dispatch and drivers by collecting real-world delivery endpoints.
Logistics Adani Shipping Sells Capesize Bulker Aashna for $37.5m, Trims Fleet
Adani Shipping has sold the 179,500-dwt capesize bulker Aashna (built 2012) to Chinese buyers for approximately $37.5 million. The sale is part of a fleet reduction as capesize time-charter rates sit at $32,000/day despite a recent weekly decline. The sistership Aanya remains on the market, and demolition activity in the sector is minimal.
Logistics Chinese Yard Huarun Dadong to Convert Semisub Rig into 600-Person Floating Accommodation Unit for Brazil
Shanghai-based Huarun Dadong Dockyard has secured a contract to convert the 2010-built semisub rig Sparta into a 600-person floating accommodation unit. The 14-month overhaul includes new accommodation modules, life extension, and deployment to Brazilian waters by Q3 2027. The project involves China Merchants Harbour Engineering and marks a major rig conversion in China.