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Freight News

Peak Season Gives Way to Demand Waves, Rhenus

Editor’s note: This article is the first in a series examining the forces reshaping the 2026 shipping peak season. FBJNA’s comprehensive Peak Season Forecast will appear in the July/August issue. The traditional summer-to-fall peak shipping season is giving way to a more volatile pattern of year-round demand surges as retailers, manufacturers and importers increasingly move cargo in response to tariffs, disruptions and promotional events rather than fixed seasonal cycles, according to ... [+]

Port of Long Beach $1B Budget Funds Pier B

The Port of Long Beach has approved a US$1.05 billion budget for fiscal year 2027, significantly increasing investment in rail infrastructure and zero-emissions initiatives as it advances its long-term plan to double container throughput by 2050. The budget, which takes effect Oct. 1 pending approval by ... [+]

FedEx Sees Growth Despite Trade Uncertainty

FedEx reported stronger fourth-quarter and full-year results, driven by higher package yields, improving international export volumes and more than US$1 billion in transformation-related cost savings, while forecasting continued revenue and earnings growth through the remainder of calendar 2026. For the fiscal fourth quarter ended May 31, ... [+]

BIMCO, ICS See Officer Shortage Widening

The global shipping industry faces a growing shortage of certified officers despite a sharp increase in the overall number of seafarers, according to the Seafarer Workforce Report 2026 released Thursday by BIMCO and the International Chamber of Shipping (ICS). The report estimates the global merchant fleet ... [+]

BIMCO: Container Fleet Growth Outpaces Demand

Even if geopolitical tensions continue to disrupt global shipping, the container market is likely to weaken over the next 18 months as rapid fleet expansion outpaces cargo demand, according to BIMCO’s latest Container Shipping Market Overview & Outlook. BIMCO Chief Shipping Analyst Niels Rasmussen outlines two ... [+]

Louisiana Law Centralizes Oversize Permitting

Louisiana has moved to streamline the movement of oversized and overweight freight with the enactment of House Bill 746, now Act 566, legislation that makes the state’s Department of Transportation and Development (DOTD) the primary authority for issuing heavy-haul permits statewide. The measure was authored ... [+]

Project Gives Baltimore Stacktrain Clearance

The Port of Baltimore can now move double-stacked container trains for the first time following completion of the $495 million Howard Street Tunnel Project, a milestone state officials say will expand the port’s container business, improve inland connectivity and create thousands of jobs. Maryland Gov. Wes ... [+]

AI Spend Shifts to Infrastructure, Baker Tilly

The rapid expansion of artificial intelligence is reshaping investment priorities, with capital increasingly flowing toward the physical infrastructure needed to support AI rather than the applications themselves, according to a new Baker Tilly report. The firm’s Investment Monitor: AI & Digital Infrastructure concludes that data centers, ... [+]

Prepare for July 8 CPSC eFiling Mandate, FedEx

FedEx is urging customers importing regulated consumer products into the United States to begin preparing now for the Consumer Product Safety Commission’s (CPSC) mandatory electronic filing requirement, warning that delays in establishing product records could slow customs clearance once the rule takes effect July 8. In ... [+]

Galveston Taps 25-year Veteran Milutin as COO

Galveston Wharves has promoted longtime executive Brett Milutin to chief operating officer and executive deputy port director as the Texas port advances a series of major growth initiatives centered on Pelican Island and cargo expansion. Milutin, a 25-year employee of the port, will oversee operations as ... [+]