Zurich Acquires Rival Insurer Beazley for £8.1 Billion
Swiss insurance giant Zurich has successfully acquired its British competitor Beazley for £8.1 billion ($10.8 billion), following an earlier rejected bid of £...
Latest Shipping & Logistics News
10,686 articlesNaftomar Linked to Suezmax Deal as Rates Soar Past $300,000 in Persian Gulf
A Suezmax charter deal struck last week appears to have been a timely move, given the rapidly evolving geopolitical situation. Two years prior, VLKR Ship Manage...
When Freight Fraud Becomes a Service
Wolfgang Lehmacher informs readers about a hacking group named Diesel Vortex. A little-known cyber group, dubbed Diesel Vortex, demonstrates how freight fraud i...
Union Maritime Expands Fleet with First Newcastlemax Newbuilds
Diversified UK owner Union Maritime has reportedly placed its first order for Newcastlemax bulk carriers. Brokers indicate a preliminary agreement in China for ...
Chokepoints Under Strain
The Strait of Hormuz and Bab el-Mandeb have become active flashpoints in the escalating Middle East conflict, disrupting global energy supplies and trade routes...
Asso.subsea Orders Second Newbuild Trenching Support Vessel at China Merchants
Greek offshore contractor Asso.subsea has exercised an option at China Merchants Heavy Industry’s Shenzhen yard for the construction of a second next-generati...
Performance Shipping Orders Pair of Suezmax Tankers in China
Nasdaq-listed Greek tanker owner Performance Shipping has inked contracts in China for two suezmax vessels, marking an expansion of its footprint in the crude o...
Florida's Fields Are Hurting – What That Means for Reefer Freight Right Now
Florida didn’t just get cold this winter. It got cold in a way that most growers working those fields hadn’t seen in over a decade, and the damage to the st...
XPO's Tonnage Turns Positive in February
Less-than-truckload (LTL) carrier XPO's tonnage officially returned to positive territory in February for the first time since June 2024. The Monday update from...
TPM26: Middle East Conflict Expected to Disrupt Global Trade Routes, Say Industry Experts
As the conflict involving the US and Israel against Iran enters its third day, approximately 10% of the global container shipping fleet is currently stranded wi...
Derek Barrs Defends FMCSA's Bold Moves at TCA
ORLANDO – Derek Barrs received a standing ovation when he completed his address to the Truckload Carriers Association (TCA), and it felt completely spontaneou...
TPM26: Unpredictability the 'Operating Model' for Trump Administration, Economist States
The global chief economist for S&P Global Ratings told TPM26 that the uncertainties inherent in current White House policies are factored into economic forecast...