Freight News
Matson reported sharply higher second-quarter earnings and raised its full-year outlook as stronger China service demand and freight rates more than offset softer volumes in Hawaii and Alaska.
Net income rose to US$129.4 million from US$94.7 million a year earlier. Revenue increased 16.7 percent to US$969.4 million, while consolidated operating income climbed 40.6 percent to US$158.9 million.
Chairman and CEO Matt Cox said momentum in Matson’s China service carried over from the ...
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Kawasaki Kisen Kaisha (K Line) reported higher first-quarter revenue and ordinary income as strong dry bulk and energy shipping markets offset weaker profitability in its product logistics business, where longer voyages, higher fuel costs and softer earnings from Ocean Network Express (ONE) weighed on results.
For ...
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Port Freeport and the U.S. Army Corps of Engineers have completed another major phase of the Freeport Harbor Channel Improvement Project, expanding vessel access and navigation capability at one of the nation's busiest energy and industrial ports.
Officials marked the milestone during a July 28 ribbon-cutting ...
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Dirty tanker exports from Russian ports in the Black Sea and Sea of Azov fell 62 percent during the last two weeks of July, highlighting the growing impact of Ukraine's maritime drone campaign on regional oil exports.
According to BIMCO, loadings averaged 0.98 million barrels per ...
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Mitsui O.S.K. Lines (MOL), Hitachi Ltd. and Japan Airlines (JAL) will conduct Japan's first pilot project using Direct Ocean Capture (DOC) technology, testing a process that removes dissolved carbon dioxide directly from seawater with the goal of supporting future low-carbon fuel production.
The companies signed a ...
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The International Air Transport Association warned that key design elements of the U.K.'s Sustainable Aviation Fuel (SAF) Mandate could impose billions of pounds in compliance costs on airlines unless supplies of advanced SAF increase significantly.
Unlike the European Union's ReFuelEU Aviation program, the U.K. mandate includes ...
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GEODIS maintained stable profitability during the first half of 2026 despite mixed freight market conditions, as strength in international forwarding offset weaker road transport demand across Europe and the U.S.
The global logistics provider reported first-half revenue of €5.3 billion, down 1.4 percent at constant scope ...
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Freight forwarders are urging e-commerce exporters to reconsider their European fulfillment strategies following the European Union's elimination of its €150 duty-free threshold for low-value imports, a change that is already prompting adjustments in cross-border supply chains.
Since July 1, imports valued at €150 or less entering ...
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C.H. Robinson reported improved second-quarter earnings as productivity gains from its Lean AI strategy and continued cost discipline helped offset a freight market that remains uneven across transportation modes.
The global logistics provider said its results reflected continued market share gains and improved operating efficiency as ...
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The U.S. for-hire trucking market remained on firmer footing in June as tightening capacity continued to support freight rates, even as freight volumes moderated from May's cycle high, according to the latest ACT Research For-Hire Trucking Index.
ACT's seasonally adjusted Volume Index slipped 1.8 points to ...
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