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Maersk reports further East Asia network recovery
Elbit Systems acquires Canadian autonomous underwater systems company to expand maritime capabilitiesAcquisition name, deal value, and ISE's sp…
Acquisition name, deal value, and ISE's specific autonomous underwater technology focus not disclosed in initial report.
Journal of Commerce:DSV reports Q3 revenue growth 15% despite volume declines; Schenker integration ongoing, road freight weakOcean freight rate elevation offset volume weakness; c…
Ocean freight rate elevation offset volume weakness; company actively shedding low-margin business lines.
IEA: Gulf Oil Shipping Costs Top $37 Per Barrel, Five Times Pre-War Levels
The cost of shipping crude oil from the Middle East Gulf to Asia has surged to more than $37 per barrel, over five times prewar levels, as a…
Jackdaw approval underlines importance of UK offshore competitiveness
The UK Chamber of Shipping and British Rig Owners' Association (BROA) have welcomed the approval of the Jackdaw field, highlighting the impo…
Ship attacked near Strait of Hormuz: maritime agency
A ship was struck on Wednesday by "an unknown projectile" off the coast of Oman, near the Strait of Hormuz, sparking a fire, a British marit…
US government backs Port MacKenzie rail connection
The US Department of Transportation has awarded nearly US$250 million to the Alaska Railroad Corporation for the construction of a new freig…
Ontario Midland Railroad secures $11.2M federal grant for New York track and crossing upgradesShort line awarded funding through federal rail infrastru…
Short line awarded funding through federal rail infrastructure program to improve regional freight corridor.