Logistics
Dirty tanker exports from the Americas reached a record 14.5 million barrels per day in May, according to BIMCO, as oil producers in the Western Hemisphere moved to offset supply disruptions caused by the closure of the Strait of Hormuz.
The May total surpassed the previous record of 13.8 million barrels per day set in April and was 40 percent higher than a year earlier. During the three months since the ...
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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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The Federal Maritime Commission has recovered US$1.9 million in civil penalties from Maersk A/S following allegations that the carrier improperly assessed detention charges against third parties that were not contractually bound by the terms of its bills of lading, service contracts or tariffs.
The FMC said ...
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HD Hyundai Heavy Industries (HHI) and BAR Technologies have signed a three-year memorandum of understanding aimed at accelerating the adoption of WindWings wind-assisted propulsion systems across newbuild commercial vessels.
Announced June 2 during Posidonia 2026, the agreement establishes a strategic partnership focused on integrating BAR Technologies' ...
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Federal authorities have arrested a California resident and chief executive of an Iranian technology company on charges he orchestrated a years-long scheme to acquire and ship U.S.-origin networking, security and encryption equipment to sanctioned Iranian nuclear and military entities.
The U.S. Department of Justice said Jamshid ...
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C.H. Robinson has launched a new artificial intelligence tool designed to continuously assess, improve and operate customer supply chains, marking the latest step in the company’s effort to automate logistics management.
The company said its new “Lean AI Engineer” works alongside the “Lean AI Planner” introduced ...
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FedEx Corp. has completed the spin-off of its less-than-truckload subsidiary, FedEx Freight, creating two independent publicly traded transportation companies and concluding one of the most closely watched restructurings in the North American freight sector.
FedEx Freight began trading June 1 on the New York Stock Exchange ...
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The U.S. Department of Justice has appealed a Court of International Trade ruling requiring the federal government to issue broad refunds of tariffs collected under the International Emergency Economic Powers Act (IEEPA), injecting new uncertainty into a repayment process that has already returned more than ...
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Union Pacific and Norfolk Southern have cleared an initial regulatory hurdle in their proposed merger to create the nation’s first transcontinental freight railroad, after the Surface Transportation Board accepted the carriers’ revised application for consideration while simultaneously pausing proceedings pending additional information.
The railroads said May ...
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The Trump administration’s emergency Jones Act waiver is facing growing criticism from maritime industry groups and members of Congress who argue the policy conflicts with the administration’s broader efforts to rebuild the U.S. maritime sector and reduce dependence on foreign shipping.
What began as a temporary ...
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