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FreightWaves 9h ago

Fuel cost spike hits carrier margins

Fuel costs are possibly one of the most misunderstood items in transportation. Its impact on carriers is uneven and more nuanced than most expect. The post Fuel cost spike hits carrier margins appeared first on FreightWaves.

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FreightWaves 19h ago

Fake FedEx drivers steal $680K electronics load from New Castle, DE, warehouse

A California man now faces felony charges after Delaware troopers followed a trail of fraudulent documents, a false plate and a parked tractor-trailer. The post Fake FedEx drivers steal $680K electronics load from New Castle, DE, warehouse appeared first on FreightWaves.

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FreightWaves 21h ago

YardFlow lands over 200-site yard automation deal

YardFlow has processed nearly 2 million shipments across 26 facilities. Its largest customer now wants the system in every one of its over 200 sites, including the smallest. The post YardFlow lands over 200-site yard automation deal appeared first on FreightWaves.

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FreightWaves yesterday

Burglary hits moving BNSF train as container catches fire in Riverside

The Los Angeles-to-Chicago train carried mixed freight when a container caught fire during a burglary. Riverside and Colton firefighters extinguished the blaze before BNSF Police took over the investigation. The post Burglary hits moving BNSF train as container catches fire in Ri

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FreightWaves yesterday

Federal probe into diversion of F-35 parts to Hong Kong

U.S. lawmakers and the Pentagon are investigating how sensitive F-35 components bound from Australia to the United States for repair were diverted to Hong Kong and are now unaccounted for. The post Federal probe into diversion of F-35 parts to Hong Kong appeared first on FreightW

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Hellenic Shipping News yesterday

Dry Bulk Shipping: India Importing Less Coal In 2026

India has been importing less coal overall so far in 2026, despite an increase in imports from Russia. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Aug 2026, global seaborne coal loadings increased by +1.7% yo-y to 866.8 mln t (excluding cabotage), bas

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Hellenic Shipping News yesterday

Baltic Dry Index Up for 2nd Day

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, advanced for a second session on Friday, rising about 1% to 3,370 points. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, sur

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Hellenic Shipping News yesterday

VLCC Spot Earnings Hit $1m/Day: The right time for Tanker pooling is now

Exceptional VLCC spot earnings are putting a familiar commercial question firmly back in focus: how much exposure should shipowners have to the spot market, and how can they balance the opportunity for higher returns with the need for predictable and sustainable earnings? The que

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Hellenic Shipping News yesterday

Coal retraction on the horizon

Global coal markets are heading into 2027 with an unusual combination of resilience, uncertainty and structural change, according to the International Energy Agency’s latest Coal Mid-Year Update 2026. While geopolitical tensions and higher natural gas prices have given coal deman

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Hellenic Shipping News yesterday

GMS Week 38 – Freight Pays, Beaches Wait

Last week the risk spread west. This week the two chokepoints stopped taking turns. Saudi Arabia and the Houthisexchanged fresh strikes as fighting around Yemen’s Red Sea coast continued, while Iran’s Revolutionary Guards said they struck and detained a Togo-flagged tanker attemp

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Hellenic Shipping News yesterday

The Week in Alt Fuels: From promises to timelines

More concrete timelines are making ammonia bunkering look less like a pipe dream. But recent leaks underscore the safety concerns as plans move closer to reality. Chinese shipping firm Shenghang Shipping’s converted ammonia carrier has achieved operational readiness as a bunker v

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Hellenic Shipping News yesterday

The Houthis Take Perim and Petroline Is Hit as Freight Rates Cross $1 Million a Day

Operational Overview Saudi Arabia’s workaround to the partial closure of the Strait of Hormuz came under direct attack last week. Saudi Arabia diverted crude to the Red Sea port of Yanbu via the East-West pipeline. On September 10, a pumping station on the pipeline was attacked a

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Hellenic Shipping News yesterday

Affinity Tanker Weekly, 18 September 2026

VLCC rates have surged across the board this week. The escalating Middle East war has restricted Strait of Hormuz transits, which fell Source: Affinity Research LLP

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Hellenic Shipping News yesterday

Drewry: World Container Index Up 1% Last Week

For many years, World Container Index (WCI) has been the go-to, independent, global reference for index-linked contracts. If your organisation requires regional visibility/coverage beyond the eight trade lanes provided below, contact the team. Our detailed assessment for Thursday

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Hellenic Shipping News yesterday

Iran, Oman close to agreement on shipping corridor in Strait of Hormuz

Iran and Oman have almost finalised an agreement on a shipping corridor in the Strait of Hormuz, but this does not mean the strait will be reopened, said Hassan Ghashghavi, spokesperson for the Iranian Parliament’s National Security and Foreign Policy Committee, reported Sputnik/

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Hellenic Shipping News yesterday

Gibson tanker report – VLCCs Rewrite the Record Books

The VLCC markets reached unprecedented levels this week, with TD3C surging above $1.2mn/day, TD34 climbing over $750,000/day Source: GIBSON SHIPBROKERS LTD

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Hellenic Shipping News yesterday

Azane Secures Ammonia Supply Agreement With Yara

Azane Fuel Solutions AS (“Azane”) has signed an ammonia supply agreement with Yara Norge AS (“Yara”), securing access to ammonia for Azane’s marine fuel activities. The agreement represents an important step in establishing a reliable ammonia supply chain to support the maritime

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Hellenic Shipping News yesterday

Maritime is fundamental to UK growth mission, Minister tells LISW27 launch

Maritime is intrinsically linked to the Government’s growth mission and will play a crucial role in creating jobs, attracting investment and developing the technologies of tomorrow, the UK Maritime Minister told maritime leaders at the official launch of London International Ship

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The Northern Miner yesterday

Venezuela’s $4B gold stash closer to leaving London

Venezuela’s government and a faction of the opposition are nearing an agreement that could move about $4 billion of the country’s gold from the Bank of England to U.S. custody,... The post Venezuela’s $4B gold stash closer to leaving London appeared first on The Northern Miner.

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FreightWaves yesterday

FleetCor, CEO Agree to Pay $100 Million Over Hidden Fuel-Card Fees

FleetCor, now Corpay, and CEO Ronald Clarke agreed on a proposed $100 million settlement after courts upheld the FTC’s core findings. Funds would support redress for harmed business customers. The post FleetCor, CEO Agree to Pay $100 Million Over Hidden Fuel-Card Fees appeared fi

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FreightWaves yesterday

Costco expands ultra-fast delivery through DoorDash, Uber

Costco is outsourcing same-day delivery to DoorDash, Uber and Instagram and their independent drivers. The post Costco expands ultra-fast delivery through DoorDash, Uber appeared first on FreightWaves.

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FreightWaves yesterday

What’s Broken in Freight Tech Right Now?

Transflo strategy and freight tech execution are the focus here: what brokers, carriers and tech partners are still getting wrong in today’s market. Ryan Schreiber of Metafora and Don Everhart of Transflo break down where adoption stalls, what actually matters to operators, and h

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The Northern Miner yesterday

Nigeria mining crackdown under fire after 37 die

Thirty-seven people arrested in a Nigeria government crackdown on suspected illegal mining died while in custody, sparking protests and scrutiny of the country’s mining enforcement drive. Niger state on Friday... The post Nigeria mining crackdown under fire after 37 die appeared

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Hellenic Shipping News yesterday

LNG tanker hit by suspected cyberattack in Mediterranean Sea

A liquefied natural gas tanker transporting fuel from the United States to Europe experienced a systems failure early this month that the crew reported as a suspected cyber attack, according to a Bloomberg report Friday. The Vivit Africa LNG was sailing east in the Mediterranean

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Hellenic Shipping News yesterday

ABS Awards Hanwha Ocean AIP for Multi-Purpose Fuel Tank and FGSS Design

ABS has awarded Hanwha Ocean approval in principle (AIP) for a multi-purpose fuel tank and fuel gas supply system that enables an LNG carrier to transition from LNG to ammonia fuel without replacing the fuel tank or fuel supply system. Awarded at Gastech 2026, the approval covers

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Hellenic Shipping News yesterday

NYK Car Carrier Makes First Call at Chan May Port in Central Vietnam

Providing a New Automotive Logistics Option for Central Vietnam Through the Region’s First Export Shipment of Finished Vehicles On September 18, a pure car and truck carrier (PCTC) operated by NYK made its first-ever call at Chan May Port, located near Hue City in central Vietnam

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Hellenic Shipping News yesterday

Shipyard unions escalate strikes in South Korea as Chuseok nears

Strikes in the shipbuilding industry are escalating ahead of the Chuseok holiday. The Hanwha Ocean union, which has been striking all month and halting operations at some shipyard facilities, on the 18th stopped all “Goliath cranes,” the core equipment of the shipyard. The HD Hyu

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Hellenic Shipping News yesterday

Georgia Ports celebrates truck drivers

The Georgia Ports Authority hosted events onsite for National Truck Driver Appreciation Week, thanking drivers for their reliable, efficient service that is essential to the port’s success. Georgia Ports employees handed out Chick-Fil-A chicken biscuits, cooling towels and alumin

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Hellenic Shipping News yesterday

Natural gas storage rises, but falls short of forecasts

The Energy Information Administration (EIA) has released its latest report on natural gas storage, revealing an increase in inventories. The actual rise in natural gas storage was reported at 44 billion cubic feet. This figure comes in below the anticipated forecast of 49 billion

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