Ship fuel spikes to historic $1,000/ton mark as war fallout worsens
The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
Three shipments bound for the Port of Novorossiysk have been canceled.
Arkansas Gov. Asa Hutchinson is a leader in computer science education; Jonathan Hoffman has expertise in national defense.
Companies like ACI Logistix are using this broader approach to delivery as leverage in building their businesses.
Congressional watchdogs are alleging predatory pricing by three major container ship operators and want answers by March 16.
Russia’s invasion of Ukraine has heaped more uncertainty onto the global markets, adding to economic volatility.
Kuehne + Nagel is the biggest air and ocean logistics provider and it’s pushing the right buttons for fast growth.
Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.
Transportation Secretary Pete Buttigieg responded to concerns about a lack of truck parking during a Capitol Hill infrastructure hearing.
A FreightWaves roundup of oil markets and other supply chain news related to the Russian invasion of Ukraine.
Pandemic gridlock, the Ever Given, COVID outbreaks, container shortages, flooding, Ukraine. The next shoe to drop: a labor dispute.
The South Atlantic Chassis Pool 3.0, will be ready in October 2023 and will have 60,000 chassis available.
Container lines and tanker owners rapidly and preemptively suspend business with Russia.
The Biden administration is backing new legislation aimed at alleged out-of-control market power by foreign ocean carriers.
The Felicity Ace, which caught fire in the Atlantic on Feb. 16, was transporting luxury vehicles to the United States.
Container lines, shipowners and shippers have a new way to navigate the market chaos: cleared freight futures.
FreightWaves is covering the logistics-related fallout from Russia’s invasion of Ukraine from the air to the ground to the sea.
The increase in Suez Canal tolls range between 5%-10% and become effective Tuesday.
The container port business is booming and the big are getting bigger, particularly in China.
Georgia Ports Authority outlined projects that would take container capacity to 9.5 million TEUs by 2025.