First look: BNSF earnings
BNSF Railway saw financial improvements across the board as the unit of Berkshire Hathaway (NYSE: BRK-B) saw revenue and profits post sequential gains for the t...
Latest Shipping & Logistics News
10,804 articlesUS rail traffic dips below 2024 levels for third week
Weekly rail traffic in the United States remained below 2024 levels for the third straight week — and the sixth time in eight weeks — with both carl...
Is the goods economy in a recession? Freight data suggests so
As someone whoâs spent decades immersed in the freight and logistics industry, Iâve learned that freight data often tells the story of the broader economy l...
Developers shun Dutch 1GW offshore wind auction
The Dutch authorities have received no bids for its 1GW Nederwiek 1-A offshore wind site in the North Sea.The site, which covers an area of around 150 sq km, so...
Nordic American Tankers readies suezmax newbuilds in South Korea
Nordic American Tankers (NAT) is heading back to South Korea for fresh tonnage, with a letter of intent signed for two suezmax newbuilds worth about $86m apiece...
Equinor extends Aker Solutions inspection services deal to 2030
Norwayâs Aker Solutions has won a four-year contract extension to provide onshore and offshore inspection services for compatriot Equinor.The extension follow...
Norden names new dry cargo head
Danish shipowner and operator Norden has named Christian Antonsen as its new head of dry cargo in the freight services and trading division.Antonsen joins from ...
One in four maritime suppliers flagged for cyber risks
A growing number of maritime suppliers are being flagged for cyber vulnerabilities as shipowners tighten supply-chain due diligence and demand verified ESG and ...
Seatrium offloads PSV duo to Brazilian firm for $60m
Singapore shipyard group Seatrium has decided to sell two of its platform supply vessels for $59.7m.The vessels will be sold to Brazilian vessel operator Posido...
Latsco firms up boxship brace at Huangpu Wenchong
Greeceâs Latsco Shipping has firmed up its move into container shipping, exercising options for two additional 1,900 teu vessels at Chinaâs Huangpu Wenchong...
MSC crosses the 7m teu mark
The records continue to tumble for Mediterranean Shipping Co (MSC), the worldâs largest container carrier, with the latest data from Alphaliner showing the Ge...
Port fees truce to begin next Monday as China pledges massive soybean buys
A year-long suspension of tit-for-tat port fees between the United States and China will take effect next Monday, according to a release from the White House, m...