Plus, New York takes the CDL fight to federal court, a new wave of carrier and broker bankruptcies, cargo thieves are infiltrating vetted fleets from the inside — and more in today's newsletter.
Plus, a cabless autonomous truck just raised $24M, non-domiciled CDLs rules need clarifying, CSX posts a 26% profit jump while watching the UP-NS merger closely, and more in today's newsletter.
Stop bidding blind. Learn how to price RFPs using network performance data and context to win the right freight, protect margins, and defend your rates.
An innovative wind-propelled cargo ship begins its journey, promising a greener future for maritime transport, though economic challenges loom.
On the pathway to ever greener logistics, an eco-friendly cargo ship retrofitted with WindWings tech has set sail. Is this maiden voyage signaling the future of sustainable ocean transport?
The ship, chartered by food giant Cargill, has been equipped with WindWings designed by UK's BAR Technologies.
Key Data:
This innovative approach could redefine maritime transport, aligning it with the world's environmental goals.
The world's first wind-powered cargo ship, Mitsubishi Corporation's Pyxis Ocean, set sail from China after being fitted with WindWings — effectively fibreglass wind-powered sails. Here’s why you should care. A thread 🧵 (1/8) pic.twitter.com/7dYj7CUlzu
— CIRCA5000 (@CIRCA5000) August 24, 2023
Plus, the offshore dispatchers your safety score can't catch, why Hormuz stays closed even after the war ends, what Triumph Financial's invoice volumes say about where freight is headed, and more.
Plus, Super Ego fires back at 60 Minutes, China tells Maersk and MSC to exit Panama ports, New York loses $73.5 million over non-domiciled CDLs — and more in today's newsletter.
Global shipping markets face a late-summer mix of tight space, tariff uncertainty, and inland transport pressures.
South Korea is offering multi-billion-dollar investments in U.S. shipbuilding to avoid 25% tariffs, aligning with Washington’s push to counter China’s dominance in global shipbuilding.
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