Thoma Bravo to Acquire WWEX Group, Combine with Auctane
Private equity firm Thoma Bravo announced Tuesday that it has entered into an agreement to acquire 3PL WWEX Group. Following the acquisition, Thoma Bravo will c...
Latest Shipping & Logistics News
10,708 articlesExplainer: How the Strait of Hormuz Paralysis Could Reshape Global Trade
As tensions between the US and Iran escalate in the Persian Gulf, insurance companies withdrawing coverage and shipping companies suspending bookings are achiev...
Iranian Box Ships Among Vessels Stranded in the Gulf
Iranian container ships are facing difficulties navigating in and out of the Strait of Hormuz after Iran's decision to close the vital waterway. This action fol...
Alabama Family-Owned Carrier Files for Chapter 11 Bankruptcy
Lila Kate Trucking LLC, a Roanoke, Alabama-based carrier, filed for Chapter 11 bankruptcy protection on Friday. The company is seeking to reorganize under Subch...
Hapag-Lloyd Announces Rate Increase from North Europe to Latin America
Hapag-Lloyd has announced an increase in ocean tariff rates for shipments moving from North Europe to the West Coast of Latin America, the Caribbean, and Centra...
How Union Pacific's Performance is Pushing CSX and BNSF Together
In essence: Greg Abel's initial move as Berkshire Hathaway CEO was to put BNSF on notice. Steve Angel's first action as CSX CEO was to ensure shareholders would...
Cargo Capacity Plummets as Airspace Closures and Flight Cancellations Mount
Airfreight is experiencing severe disruption due to the escalating Iran conflict, which has led to widespread airspace closures across the Gulf, significantly i...
Pilot's 2025 Performance Weakened, Berkshire Letter Reveals
Berkshire Hathaway provided significantly more detail than usual regarding Pilot Travel Centers in its most recent quarterly earnings report. Pilot became a who...
Stranded Box Ships Boost Charter Market
The closure of the Strait of Hormuz is expected to affect up to 10% of the global container shipping fleet, impacting approximately 650,000 TEU of weekly contai...
Shipping Lines Seek Transhipment Opportunities at Colombo Port Amid Middle East Disruptions
Major container shipping lines are reportedly reaching out to Colombo Port, seeking terminal slots for ad-hoc transhipment calls. This development comes as supp...
Kuehne, Still Leading DSV, Adopts Strategies from Robinson
A robust and well-timed Air freight performance complemented a less impressive showing in Sea logistics, falling short of analyst expectations. Meanwhile, Road ...
Explainer: How Iran's Strikes Trigger a Shipping Crisis
Operation Epic Fury and the confirmed killing of Supreme Leader Khamenei have shattered a fragile maritime truce. Major carriers are once again diverting from t...