The lead · BusinessThe Shanghai-based operator and its subsidiary, PACTL WEST, have completed the Cargo iQ audit, marking a milestone in their efforts to improve operational standards, shipment visibility and digital cargo management.
Europe’s first licensed cargo drone airline has agreed to merge with GP-Act III Acquisition Corp, aiming to secure approximately $100 million in net proceeds to expand Black Swan manufacturing and accelerate its international operations.
Air freight rates around the world are still 22.8% above year-ago levels, although they dipped slightly this week. Strong gains from India, Hong Kong and Shanghai helped to offset weaker showings on several major trade lanes.
Virginia inspections uncovered 100 safety violations, following a major Arkansas crackdown that resulted in 393 drivers and commercial vehicles being placed out of service, 44 criminal arrests and 74 immigration violations.
Rick Larsen is expected to take over the committee’s chairmanship as Democrats regain control of the House, while the trucking industry closely watches David Rouzer’s uncertain re-election bid and the future of key provisions in the next highway bill.
Published benchmarks, daily reference rates and an AIS vessel map, each labelled with its source and period.
Map and position updates are provided by VesselFinder and may be delayed or unavailable. This external service receives your IP address and may set cookies under its own privacy terms. If the map stays blank, use the link.
Spot rate per 40ft container, USD, with change on the previous week.
Reference snapshot, not live. Weekly reference snapshot; period: 22 Oct 2026; published Oct 22, 2026. Source: Drewry (opens in a new tab).
Reporting across the routes, markets and decisions shaping global trade.
After taking over interim operations at the Port of Balboa, APM Terminals signals its interest in securing a long-term concession, as Panama faces growing pressure to expand port capacity and resolve the future of its two strategic terminals.
The carrier has completed network consolidation in four major U.S. markets and plans to expand the initiative to Los Angeles, Oklahoma City and Charlotte once the holiday shipping rush concludes, with full implementation targeted for 2027.
The psychological toll of Ali Albokhari’s imprisonment in Turkey has intensified after the seafarer witnessed a fellow inmate attempt to take his own life inside their prison cell. The incident […]
A military confrontation in the Middle East could again put significant pressure on global shipping and energy supply chains. Diplomatic efforts to prevent another flare-up continue, but fears are rising […]
According to the latest Global Liner Performance report from maritime analyst Sea-Intelligence, global container shipping schedule reliability had a slight recovery in September after three months of declines. The report […]
CVC DIF has finalised the acquisition of a majority stake in Cernaval, a Spanish shipyard specialising in the repair, maintenance and conversion of commercial vessels. The transaction brings the shipyard […]
British Columbia’s Ksi Lisims LNG project has signed a long-term supply agreement with German utility Securing Energy for Europe (SEFE), another step in its effort to develop a large liquefied […]
The agreement covers cargo, ramp and passenger handling services ahead of Singapore Airlines’ operational launch on 23 November 2026, strengthening Menzies Aviation’s presence at Australia’s newest international airport.
Strong demand prompts the Omani carrier to increase frequencies on its direct Netherlands route, while additional capacity across several European destinations reinforces its Winter 2026/27 expansion strategy.
ISO-Gruppe completes the deployment of its SKYcontrol Tower platform in Malaysia, replacing paper-based flight strips and existing approach radar displays with integrated digital solutions.
The Bulgarian cargo airline has ordered two sets of CFM56-7B high-pressure turbine blade PMA parts, with deliveries scheduled for 2027 and 2028, extending a decade-long partnership with Chromalloy.
Two specially equipped Chevrolet popemobiles were transported from Brazil to Lima aboard a Boeing 767-300 freighter, requiring additional security measures and specialized cargo-handling procedures.
Despite record gross bookings of $1.768 billion and strong growth in North American brokerage volumes, the company continues to report operating losses. Its profitability improved year over year but deteriorated compared with the previous quarter.
Shipping association warns that divided oversight responsibilities and inconsistent inspection practices could undermine the revised programme, increase compliance costs and delay vessel operations.
October orders dropped to 15,600 units, nearly half the decade average, as carriers reassess their investment priorities amid uncertainty surrounding EPA emissions rules, rising equipment prices and mounting operating costs.
Higher shipment weights strengthen the LTL business, while the company projects a 91.4% operating ratio for the fourth quarter and sees further improvement ahead in 2027.
The Barbados-flagged supertanker was reportedly struck by two unidentified projectiles in Omani waters, marking the fifth confirmed maritime attack during the first three days of November.
Wearable technology brings navigation, customer instructions and delivery verification directly into drivers’ field of view, as Amazon accelerates its use of automation across its logistics network.