In this commentary by Ekim Saribardak, he writes about new track and trace technologies that can revolutionize the shipment of ocean freight.
The California Department of Transportation has started a massive construction project that will lead to nighttime closures of State Route 60 out of Ontario for months.
Freight volumes may have peaked for the season, but it certainly doesn’t feel that way. There is still a lot of uncertainty for Q3 as we close a disappointing Q2.
The Netherlands leads Europe in inland waterway transport, and to keep its dominance over roadways intact, it looks to invest heavily in autonomous shipping technology.
Cyber attacks are becoming all too common in the maritime sector, making it crucial for container lines to prevent data hacking and look to improve resilience.
Banks set carbon emissions standards for lending limits; oil production in the Permian basin booms; distracted driving problem is larger than previously thought.
Shippers in the maritime market can choose between a carrier-owned container or a shipper-owned container, with each business model holding certain advantages over the other based on availability and the freight corridor in question.
The scale and growth of China’s domestic over-the-road trucking and international ocean container shipping trade has been revealed in new data from the country’s Ministry of Transport.
Nicholas Press, Founder and President of CEC Systems, explores the maritime industry’s problem with empty containers and explores potential solutions to deal with them.
International shipping has become one of the largest drivers of domestic shipping volumes in the United States over the past several years. Knowing when and where container volumes are moving can be a leading indicator of when domestic shipping volumes are going to create disruptions in the U.S. freight market. FreightWaves continues to add more […]
A consortium comprising DP World of the United Arab Emirates, the Russian Direct Investment Fund (a sovereign wealth fund), Rosatom and Norilsk Nickel have agreed to look into developing the Russian Northern Sea Route.
Today on FreightWaves NOW, we talk to brokers, carriers, shippers, and even look at the maritime outlook from a global perspective. Where are volumes and rates heading Taco Tuesday, June 4?
Schulte Group has launched INNOPORT, a venture capital unit that invests in global maritime startups. “We want to build bridges and open doors wherever possible,” said Yiannis Sykas, INNOPORT chief and director of strategy and product development at Bernhard Schulte Ship management, in a release. “INNOPORT provides startups with the right network and the right […]
BW LPG, an ocean carrier of crude oil, gas, chemicals, and products of oil, has reported a first quarter 2019 net loss after tax of US$23.5 million. It’s a loss that’s about three times greater than the US$8.4 million loss recorded in the first quarter of 2018.
Manila, Philippines-based container terminal operator International Container Services International has posted a solid set of first quarter results. Revenues were up. Profits were up. Box lifts were up. The group attributed its good results to operational improvements, lower finance costs and a “ramp up” in contributions by its new ports.
IMO 2020 is will increase demand for distillates and put upward pressure on diesel. How should truckers prepare?
NASDAQ-listed Eagle Bulk believes its ‘owner-operator’ model allows it earn more than ‘pure owner’ competitors.
Public ship owners like Navios Partners saw rates fall due to cuts in Brazilian iron-ore exports.
Tokyo, Japan-based ocean carrier, Kawasaki Kisen Kaisha https://kline.com/ (TYO:9107) has recorded a fall in revenues of Japanese Yen of 325,293 million down to JPY 836,731 million (US$7.5 billion) for the fiscal year ending March 31, 2019. Several board members have been removed.
