Cargo

After nearly three years of historically low transportation rates, shippers may soon face a much different reality. According to executives at ITS Logistics, mounting pressure across the freight market is creating the conditions for a significant capacity crunch that could challenge companies still budgeting for flat transportation spending in 2026.  Speaking with FreightWaves, Ryan Martin, President of Distribution and Fulfillment at ITS Logistics, warned that warning signs have been building for months. ...

The North American rail industry is continuing to reap the benefits of changing freight patterns with intermodal traffic showing strong growth as shippers...

Iranian seaborne oil exports are rapidly resuming after the Memorandum of Understanding (MoU) signed with the United States last week,...

The idea of nuclear-powered shipping is gaining renewed attention as engineers and policymakers explore whether fourth-generation reactors could offer a path to decarbonising maritime transport. At a recent meeting on Nuclear Power for Shipping at the Technical University of Norway (NTNU), optimism was high among proponents of the technology, particularly around small modular reactors (SMRs), with discussions often framing political oversight as a barrier rather than a safeguard.     Jan Emblemsvåg, professor and organiser of the event, argued that engineering progress could be slowed by political interference, reflecting a broader sentiment among some participants that technical development should remain largely insulated from policymaking....

Breeze, an embedded cargo insurance platform, has launched Quote AI Autofill, an artificial intelligence–powered feature designed to simplify and accelerate the cargo insurance quoting process by reducing manual data entry for freight forwarders. The company estimates that nearly 70% of cargo shipments are either uninsured or underinsured, a situation it attributes largely to outdated systems and labour-intensive workflows that make it difficult to integrate insurance into daily freight operations. “Forwarders are working in a market shaped by disruption, uncertainty, and pressure on margins, yet too much of the insurance process still depends on copying information from one document...

C.H. Robinson has completed the acquisition of DeSpir Logistics, a North America–based provider specialising in secure transportation solutions and cargo escort services for high-value...

Baltic Exchange has bolstered its Baltic Air Freight Spot Indices (BAI Spot) with three new trade routes from Shanghai, in...

A major milestone for U.S. freight transportation was officially celebrated in Baltimore as CSX and public officials inaugurated the newly upgraded Howard Street Tunnel, a transformative infrastructure project valued at $495 million that is set to significantly expand intermodal rail capacity along the East Coast.  The ribbon-cutting ceremony brought together Maryland...

A seafarer has been killed after a Russian drone strike hit a merchant vessel in the Black Sea, marking a new escalation in attacks targeting commercial shipping in the region.  According to security sources and maritime authorities, three merchant vessels flying the flags of Panama,...

Shipping traffic is continuing to move through the Strait of Hormuz despite renewed uncertainty triggered by conflicting political announcements and ongoing regional tensions involving Iran and the United States.  After a confusing sequence of declarations over recent days, shipowners initially received confirmation that the Strait would remain open following a Memorandum of Understanding between the US and Israel on 18 June. However, Iran later announced a closure two days afterwards, linking its decision to Israeli air...