Medlog opens new Saudi logistics park
In a move that strengthens Saudi Arabia’s position as a global logistics hub, Medlog has officially opened Medlog 1, an integrated logistics park in Dammam th...
Freight News
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Germany’s Hapag-Lloyd buying Zim of Israel for $4.2 billion
In a merger of two of the world’s largest container shipping lines, Hapag-Lloyd of Germany will acquire Israel’s Zim Integrated Shipping Services for $4.2 b...
Bangas join the board at Pacific Basin
The father and son heads of the Caravel Group – Harry and Angad Banga – have joined the board at dry bulk major Pacific Basin having built up a stak...
Intermodal spot rates haven’t kept pace with trucking’s spot market surge — but that’s about to change in 2026
The freight market has been sending mixed signals for months, but one trend stands out clearly as we move deeper into 2026: trucking spot rates have staged a me...
DP World chairman resigns after Epstein links revealed
The chairman of one of the world’s biggest container terminal operators resigned Friday after his links to convicted child sex offender Jeffrey Epstein were r...
Lower freight shipments weigh on world container rates
The Drewry World Container Index (WCI) fell 1% to $1,933 per forty-foot container (FEU), the fifth consecutive weekly decline, as rates continue to weaken on be...
AD Ports Group joins Douala dry bulk terminal project
AD Ports Group has joined Africa Ports Development’s (APD) 30-year concession to develop and operate a new dry bulk terminal at the Port of Douala in Cameroon...
Arkas to trial GenFlat’s collapsible containers
Utah-based GenFlat Holdings has struck a six‑month trial agreement with Turkey’s Arkas Line to test the collapsible GenFlat container on a trade route b...
Waiting game as U.S. rail freight falls in weekly data
Total U.S. weekly rail traffic came to 486,854 carloads and intermodal units in the latest week’s data, trailing the year-ago period by 3.2%.Total commodities...
Diana scores rate boost with NYK bulker deal
Diana Shipping has secured improved employment for one of its post-panamax bulkers, fixing the 87,146 dwt Phaidra to Japan’s Nippon Yusen Kaisha (NYK).The New...
Union Pacific claims rival railroad delaying trains
Union Pacific has repeated its call for federal regulators to open an investigation into Canadian Pacific Kansas City’s operation of the Meridian Speedway, cl...
Annual employment report revision shows huge decline in truck transportation jobs
(This is a developing story. FreightWaves will have additional coverage over the course of the day).There were a lot fewer people working in truck transportatio...