Feature
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 Galveston pursues development opportunities tied to Davie Defense-Gulf Copper’s US$1 billion shipbuilding investment and plans for a new multi-use berth on Pelican Island.
Port Director and ...
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The Trump administration has signed an interim agreement with Iran aimed at ending months of disruption in the Strait of Hormuz, restoring oil flows and creating a 60-day window for broader negotiations. The arrangement reportedly includes a US$300 billion reconstruction and economic fund, although no ...
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DP World has entered into exclusive negotiations for a long-term lease to develop and operate a container terminal at the Port of Corpus Christi, marking a significant step toward expanding containerized cargo capabilities along the U.S. Gulf Coast.
DP World operates more than 60 ports and ...
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Companies are increasingly shifting toward regional supply chains, multisourcing strategies and foreign trade zone operations as tariffs, geopolitical risks and supply chain disruptions make global networks more difficult to manage, according to a supply chain expert speaking during FreightWeekSTL 2026.
Panos Kouvelis, Emerson Distinguished Professor of ...
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Freedom Intermodal Tank Services has expanded its New Orleans operations with a new automated bulk liquid packaging facility, adding capacity for packaging, warehousing and distribution of bulk liquid products while reinforcing the region’s role as a major industrial logistics hub.
The facility, located adjacent to Freedom ...
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Drewry is encouraging shippers and logistics providers to adopt a standardized bunker adjustment factor (BAF) policy as rising fuel costs and new environmental regulations add complexity to ocean freight pricing.
The maritime research and consulting firm said escalating geopolitical tensions in the Middle East have increased ...
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Imports of clean petroleum products into West Africa fell 44 percent year over year during April and May, reducing tanker demand and cutting the region’s share of global clean petroleum product tonne miles from 5.3 percent to 3.6 percent, according to BIMCO.
The shipping association said ...
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GEODIS reported revenue of €10.6 billion in 2025 while advancing sustainability, artificial intelligence and supply chain transformation initiatives amid a challenging global trade environment, according to its 2025 Activity and Sustainability Report.
The logistics provider, which employs nearly 48,000 people and operates 975 sites serving 166 ...
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BIMCO has adopted a new Biofuel Clause for Time Charter Parties aimed at addressing legal, technical and operational issues associated with the growing use of low-carbon fuels in shipping.
The clause establishes a contractual framework governing the supply and use of biofuels under time charter agreements, ...
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At first glance, two major transportation stories this month appear to point in opposite directions.
FedEx has completed the spin-off of FedEx Freight, creating a standalone less-than-truckload carrier focused exclusively on the North American LTL market. At the same time, Union Pacific and Norfolk Southern are ...
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