The dry bulk shipping market is expected to weaken in 2027 as accelerating vessel deliveries outpace demand growth under either of BIMCO’s two Strait of Hormuz scenarios.
BIMCO forecasts the dry bulk fleet growing 4 percent in both 2027 and 2028, driven largely by increased capesize deliveries. Cargo growth is expected to remain limited, while coal shipments begin declining.
If the Strait of Hormuz remains effectively closed, BIMCO forecasts ship demand growing ...
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C.H. Robinson has extended its artificial-intelligence tools into ocean shipping, airfreight and customs brokerage, automating portions of freight quoting, booking and document processing.
The third-party logistics provider said its AI agents have produced more than 80,000 ocean and airfreight price quotes for more than 3,600 customers. Quotes that previously took one ...
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Herschel Parts has consolidated parcel and less-than-truckload shipping within an enterprise resource planning-integrated system, eliminating about 10 hours of weekly manual data entry.
The agricultural replacement-parts manufacturer and distributor is processing 98 percent of its shipments through a single workflow using Descartes Systems Group’s Pacejet multicarrier shipping platform.
Previously, employees managed parcel, ...
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GEODIS has obtained certification in Poland permitting it to expand international forwarding services involving strategically sensitive and dual-use goods.
The Internal Compliance Programme certificate, known in Poland as WSK, was issued Sept. 16 by the Quality Certification Centre of the Military University of Technology. It confirms that GEODIS Road Network in ...
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The U.S. Army Corps of Engineers began geotechnical investigations supporting a proposed four-foot deepening of Port Tampa Bay’s federal navigation channel.
The work involves drilling soil borings and collecting subsurface samples at multiple locations. Results will inform engineering and design decisions for the Tampa Harbor Navigation Improvement Project, which would deepen ...
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Rodger Rees, Galveston Wharves port director and CEO, was elected president of the Texas Ports Association for a two-year term.
Rees, who has served on the association’s board since 2023, began his term Oct. 21. The organization represents 21 maritime ports and industry affiliates along the Texas Gulf Coast and inland ...
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Trailer Bridge appointed Charles Gittens chief executive officer, effective Nov. 2.
Gittens brings more than 30 years of transportation and logistics experience, including leadership roles in ocean transportation and Caribbean trade.
He most recently served as president of trade for King Ocean Services, overseeing operations involving the Bahamas, Turks and Caicos and ...
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Persistent port congestion and higher fuel costs could prevent freight rates from returning to earlier levels as peak-season demand begins to ease, according to Freightos.
In its October Global Freight Outlook, Freightos said typhoon-related backlogs continued at major Far East ports, while congestion persisted at Northern European hubs. The disruption could ...
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Port of Corpus Christi customers moved a record 162.7 million tons of cargo through the Corpus Christi Ship Channel during the first nine months of 2026, an increase of 6.1 percent from the comparable period last year.
Third-quarter volume totaled 52.4 million tons, up 3 percent from 50.9 million tons during ...
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China’s shipyards captured nearly three-quarters of global vessel contracting during the year ended Sept. 1, further extending the country’s lead while raising questions about whether expanded building capacity can remain fully employed.
The global shipyard order book reached an estimated 203.2 million compensated gross tons, or CGT, on Sept. 1, an ...
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