Freight News
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 outside guarantors or enforcement mechanisms have been disclosed, leaving many in shipping cautious about declaring the crisis over.
Tankers began moving through the strait within hours ...
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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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The Port of Long Beach handled 842,030 TEUs in May, an increase of 31.7 percent compared with the same month last year, making it the port’s third-busiest May on record.
Imports rose 40 percent to 418,851 TEUs, while exports increased 32.9 percent to 109,168 TEUs. Empty ...
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SAL has taken delivery of Patricia, the third vessel in its Orca Class newbuilding program, further expanding the carrier’s capabilities in the heavy lift, project cargo, offshore and renewable energy sectors.
Unlike sister vessels Elise and Frida, which entered long-term charter arrangements immediately after delivery, Patricia ...
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Volkswagen Group of America has surpassed 250,000 vehicles shipped through Port Freeport since establishing the Texas port as its Gulf Coast vehicle processing hub, marking a milestone in the automaker’s growing U.S. distribution network.
The milestone was reached May 28, about two years after Volkswagen began ...
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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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Rhenus Group said its Sustainability Report 2025 marks a shift from building sustainability systems to using them to drive performance across its global logistics operations.
The company highlighted its commitment to the Science Based Targets initiative (SBTi), external verification of sustainability reporting and attainment of EcoVadis ...
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