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AI Strategy, Discipline Lift CH Robinson’s Q2

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 the company expanded the use of artificial intelligence and automation across its freight operations. Management said those initiatives continue to improve execution for both shippers ... [+]

Freehand Expands Use of Autonomous AI Agents

Enterprise AI startup Freehand has raised US$75 million to expand deployment of autonomous artificial intelligence agents designed to manage supply chain spending, procurement and invoice processing for large global manufacturers and retailers. The Series B financing was co-led by Battery Ventures and NewRoad Capital Partners, with ... [+]

NYK Completes Acquisition of Saga Welco

NYK has completed its acquisition of Norway-based open-hatch vessel operator Saga Welco AS, making the company a wholly owned subsidiary of NYK Holding (Europe) B.V. after regulatory approvals. The deal, announced in March, gives NYK full ownership of Saga Welco, which had previously been jointly owned ... [+]

Mintra Launches AI Training Ahead of EU AI Act

Mintra has introduced two online training courses designed to help organizations prepare for the European Union's AI Act, which takes effect Aug. 1 and establishes a risk-based framework governing the use of artificial intelligence. Developed with legal experts from Nordic law firm Schjødt, the courses are ... [+]

UK Emissions Trading Expansion Poses Questions

The expansion of the UK Emissions Trading Scheme to maritime transportation is adding another layer of emissions costs and compliance requirements for shipping companies, with BIMCO warning shipowners and charterers to review contracts governing responsibility for emissions allowances. The UK ETS expanded to maritime activity July ... [+]

TOTE Wins $2.2B Bid to Manage Navy LSPs

TOTE Services has been awarded a contract valued at up to US$2.2 billion to serve as Vessel Construction Manager (VCM) for the U.S. Navy and Marine Corps’ Medium Landing Ship (LSM) program, extending a commercial-style shipbuilding management model previously used on the National Security Multi-Mission ... [+]

Grain Exports Lift Dry Bulk, Softer 2nd Half Seen

Global grain shipments rose 13 percent year over year during the first half of 2026, helping support freight demand for smaller dry bulk vessels even as BIMCO warned that weather risks, fertilizer shortages and slowing production could weaken the market later this year. The shipping association ... [+]

Container Spot Rates Soften as Peak Eases

FBJNA’s Container Market Signals – Spot container freight rates showed their first broad signs of easing this week as early peak season demand moderated and carriers continued restoring capacity, according to weekly market updates from Drewry and Xeneta. Both indexes reported declines on the major Asia-U.S. ... [+]

DNV Clears Way for Wide Wind-assist Deployment

Wind-assisted ship propulsion developer Econowind has received design approval from classification society DNV for its VentoFoil 3-Series suction wing, a milestone expected to simplify installation on DNV-classed vessels and accelerate adoption of wind-assist technology across the commercial shipping fleet. The Type Approval Design Certificate confirms the ... [+]

Galveston Cargo Berth Wraps $106M expansion

The Port of Galveston has officially opened its new cargo berth at the West Port Cargo Complex, marking the completion of a US$106 million expansion designed to accommodate growing roll-on/roll-off (ro-ro), breakbulk and project cargo volumes. The new 1,410-foot berth at Pier 39-40 welcomed its first ... [+]

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