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Stay informed with the latest global trade regulations, logistics trends, and market changes, translated and structured by our AI models.

Customs and Border Protection officers found 366 cocaine packages after an X-ray scan showed trailer-floor anomalies and a drug dog alerted investigators. The driver faces a federal importation charge carrying a possible life sentence. The post $20M in cocaine found beneath floorboards of commercial truck trailer at California border appeared first on FreightWaves.

Aurora Innovation said it expects to reach an $80 million TaaS revenue run-rate by year-end, detailing the per-mile revenue outlook for both business models ahead of a planned 2027 shift to driver-as-a-service. The company reported a $270 million second-quarter loss. The post Aurora reports Q2 results, details per-mile pricing appeared first on FreightWaves.

An Erie commercial driver faces 22 charges after police claim his semi-truck struck nine vehicles at West 12th and Myrtle streets. Court records show bail was denied, and a preliminary hearing is scheduled for Aug. 7. The post Erie truck driver faces 22 charges after police say he fled 9-vehicle crash carrying Bud Light appeared first on FreightWaves.

Amazon said it continued to expand ultra-fast delivery and improve fulfillment center efficiency, partly due to more robotics deployment, during the second quarter. The post Amazon ramps up delivery speed, robotics roll out appeared first on FreightWaves.

Truckload carrier Heartland Express returned to profitability in the second quarter, driven by gains from equipment sales. The post Gains from equipment sales save Heartland’s Q2 appeared first on FreightWaves.

Covenant stock tumbled after its earnings report, but management is defending its strategy. The post Covenant’s earnings drop stock, company focused long-term appeared first on FreightWaves.

The company’s absolute carbon emissions rose 16% year-over-year in 2025, driven primarily by scope 3 emissions, as it rapidly added data center capacity.

The solar-powered site is one of the ways the retailer is looking to slash supply chain emissions.

The aircraft engine manufacturer consolidated processes and cut distance traveled during the quarter, leading to a jump in F110 deliveries in Q2.

The project, which is largely tied to the innovative medicine segment, will see the company exit certain facilities and incur costs of up to $750 million.

Singapore is widening its LNG bunker supplier pool with eight new five-year licences starting on September 1. The Maritime and Port Authority of Singapore selected Aramco Trading Singapore, Equatorial Marine Fuel Management Services, ExxonMobil Asia Pacific, PetroChina International Singapore, Shell Eastern Trading, Sinopec Fuel Oil Singapore, Vitol Bunkers and a joint venture between TotalEnergies Gas …

Swedish offshore vessel owner Viking Supply Ships has turned to controlling shareholder Kistefos for its new leadership team, appointing Ulrik Mannhart as chief executive and chairman Bengt Rem as group CEO. Both appointments take effect on August 1, following the departure of Trond Myklebust, who resigned at his own request and will leave the company …

Splash’s Middle East coverage this week has followed the rapid expansion of maritime risk across the Gulf and Red Sea. Reporting has examined renewed US-Iran exchanges, Tehran’s attempts to reshape transit through Hormuz, and the prospect of fees or political conditions being imposed on commercial passage. In the Red Sea, Splash tracked Houthi threats against …

A Turkish-owned general cargo ship has suffered serious damage after coming under drone fire in the Black Sea, as attacks on merchant vessels and energy terminals intensify on both sides of the conflict. The 6,555 dwt ATA 2 was carrying corn after departing Chornomorsk when it was reportedly struck by three Russian drones on Thursday. …

US-listed Greek bulker owner Seanergy Maritime has agreed to spend about $130m on two Japanese-built capesizes, lifting its fleet renewal programme to eight ships worth a combined $591m. The deal covers a scrubber-fitted 181,000 dwt newbuilding due between the first and second quarters of 2029 and a 182,162 dwt vessel built in 2022. The second …

China’s detention of Panama-flagged ships has fallen sharply following negotiations between Beijing and Panama City, bringing relief to owners caught in an extraordinary maritime dispute linking ship inspections to control of two Panama Canal terminals. Panama said Chinese ports detained 16 vessels flying its flag during July, down from 140 in May. Only 10% of …

Iran remains the principal suspect in this week’s drone strike on two gas carriers at Egypt’s Damietta port, as inspections continue and the LNG import facility assesses when full operations can resume. The US-owned floating storage and regasification unit Energos Winter took the direct hit while alongside on Wednesday. The impact started a fire that …

Fatigue weakens the last line of defence at sea, and regulatory minimums do not always reflect the workload crews now face, writes Steve Cameron, chair of the London branch of the Nautical Institute. On opening The Nautical Institute London Branch conference on geopolitical maritime risks and security threats to seafarers, I asked the delegates to …

Dutch owner Royal Wagenborg is exiting the pure roro sector after selling the ice-class sister vessels Bothniaborg and Balticborg to Wallenius SOL. The deal also transfers Wagenborg’s long-term contract of affreightment with Smurfit Westrock, covering cargo from the paper group’s kraftliner mill in Piteå, northern Sweden. Financial terms were not disclosed. Built in 2004, the …

The automaker is upping its domestic production investments while securing memory supply to shield rising commodity and logistics costs.

The carrier is increasing its use of automation in a bid to reduce package handling costs and more flexibly adjust capacity.

The central bank held the main interest rate steady as inflation remained elevated due to supply shocks across sectors such as energy.

The automated facility in Kent is set to support 196 Walgreens stores across the region by streamlining prescription fulfillment.

Scorpio Tankers has taken a minority stake in an eight-ship VLCC newbuilding venture and lined up two more LR2 product tankers in China, widening a fleet renewal programme across three tanker segments. The New York-listed owner signed a letter of intent in July for two scrubber-fitted LR2s at Jiangsu Hantong Ship Heavy Industry. The vessels …

A live rate-shopping tool and custom reverse logistics workflow from ITS Logistics is aiding the home goods brand's omnichannel strategy.

Companies are maintaining the geographic diversity they already have while prioritizing flexibility and compliance rigor, per a 2026 fashion benchmarking study.

Inspection blitzes frustrate truck drivers. But economists found that the International Roadcheck Week boosts overall road safety. The post The ‘ingenious strategy’ behind most truckers’ least favorite week of the year: International Roadcheck appeared first on FreightWaves.

Diesel inventories on the East Coast are at record lows. Truckers are spooked by the vanishing stocks and soaring rates. The post Why the Northeast is quietly running out of diesel appeared first on FreightWaves.

A source familiar with the 96-year-old company said he is unsure whether CFL will file Chapter 7 or “liquidate outside of bankruptcy,” but that the LTL carrier has no plans to reorganize. The post Exclusive: Central Freight Lines to shut down after 96 years appeared first on FreightWaves.

On this episode of Freightonomics, Zach Strickland and Anthony Smith talk about the need to cram for warehouse space with Zac Rogers from Colorado State University. The post Warehouse cramming is about to begin — Freightonomics appeared first on FreightWaves.

This week’s DHL Supply Chain Pricing Power Index: 75 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 70 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 70 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for […] The post Seasonality pushing rejections and rates higher ahead of the Fourth appeared first on FreightWaves.

“Their team construct is fundamentally different. When you look at their data science, machine learning and computer science background, they are best in class.” The post Project44 acquires ClearMetal to strengthen predictive tools appeared first on FreightWaves.
REUTERS reports: The post Reuters: Citadel buys most of Situational’s stock holdings after AI share rout, sources say appeared first on The Loadstar.
Anutin's Indonesia visit, Japanese carmaker earnings, Taiwan drills
By Firat Kozok, Patrick Sykes and Khalid Al-Ansary Aug 1, 2026 (Bloomberg) –Turkey reached an agreement with Iraq to extend an expired oil pipeline deal by one year and increase flows...
By Sarah Morland MEXICO CITY, July 31 (Reuters) – Hundreds of Mexican hotel workers, tractor operators and specialized Navy personnel are heading out to the beach each day at dawn to clean record masses of...
Aug 1 (Reuters) – Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees on commercial ships transiting the Bab el-Mandeb strait, saying no such decision had been...
Aug 1 (Reuters) – A merchant vessel safely passed through the Red Sea under the protection of the Italian frigate Bergamini, the European Union naval mission ASPIDES said on Saturday. Related Article:...
MOSCOW, Aug 1 (Reuters) – Two Ukrainian drones hit and sank a civilian vessel owned by Russian state nuclear corporation Rosatom sailing in the Black Sea overnight, the company’s head, Alexei Likhachev,...
A GasLog-operated LNG carrier sustained damage while exiting the Strait of Hormuz on Friday as maritime security authorities reported two separate security incidents near the strategic waterway, highlighting the continued...
Modi opens Vizag airport as India's south seeks Southeast Asian travelers
The Bank of Thailand is upbeat that the nation could be removed from the US Treasury's Monitoring List in the next review following improvement in the latest report.
Over the past few years, Thailand has emerged as one of Southeast Asia's most proactive and structured hosts for digital asset regulation. Driven by a high level of retail crypto adoption, a tech-savvy population and strong institutional backing, the focus has shifted towards building a utility-driven digital asset system.
The government plans to launch tourism stimulus projects worth 2.45 billion baht in September, relying on funding from the 200-billion-baht borrowing decree allocated to ease cost-of-living pressures amid the surge in energy prices, says the Tourism and Sports Ministry.
China's coast guard conducted patrols it described as routine law enforcement in waters east of Taiwan on Friday, angering Taipei, which condemned the move as a political operation aimed at expanding Beijing's control.
New energy data shows the crude cushion that has been built up will be shrinking in the next 2-3 months unless geopolitics improve. In a webinar, Vortexa explained, with Atlantic Basin inflows already slowing and China drawing inventories at up to ~1 mb/d, they see a high risk of significant tightening within the next 2–3 months and estimate that China’s extra crude buffer built since 2025 could be largely worked down within about four months if current draw rates persist.
RECAP: Asian markets rallied yesterday following gains on Wall Street, with South Korea's battered market making a record comeback, stirring hopes that the recent selloff in AI-linked assets may be near an end.
Record low water levels in Europe's major rivers have curtailed the transport of goods, reduced electricity output and shrunk company earnings, stoking fears about the economic impact of searing heat and erratic rainfall.
A sanctions-hit tanker is leaking oil off the coast of Oman and the spill has spread in recent days, increasing concern about possible environmental damage to coastal areas, according to an analysis of satellite imagery and shipping specialists.
The oil-shuttling service that has been crucial to getting cargoes out of the Strait of Hormuz has picked up again after a recent lull, helping millions of barrels escape as Middle East hostilities escalate.
By Gavin van Marle (The Loadstar) – Container spot freight rates on the transpacific and Asia-Europe trades saw another week of single-digit declines, in the absence of carrier-led price hikes....
Container spot freight rates on the transpacific and Asia-Europe trades saw another week of single-digit declines, in the absence of carrier-led price hikes. The post Rates still in decline, but optimistic carriers look for an August spike appeared first on The Loadstar.
Maersk is bringing its shuttle concept to the west coast of Latin America with a new service connecting Mexico, Panama, and Ecuador. The Danish carrier said the new West Coast Shuttle, due to launch in September, “expands from a single-vessel Balboa–Posorja shuttle into a comprehensive three-vessel network connecting Mexico, Panama, and Ecuador, creating new opportunities for your supply chain”. The service will begin with the departure of the 2,500 teu AS Palina ... The post Maersk expands Gemi
Air freight rates are continuing to edge lower, despite renewed conflict in the Middle East, leaving the market caught between weakening demand on some trades, rising fuel costs, and a stream of carrier network changes. The post Fuel rises, rates fall – the contradictions shaping air cargo’s next move appeared first on The Loadstar.
India is emerging as one of the biggest beneficiaries of the post-pandemic shift towards more resilient global supply chains, with container shipping data showing its exports to the US continuing to strengthen. The post Covid’s legacy: ‘Flexibility has replaced efficiency as box shipping’s guiding principle’ appeared first on The Loadstar.
Cosco Shipping is showing its support for the Hainan free-trade port by setting up a subsidiary on China’s southernmost island. The post New Cosco subsidiary gives Chinese free-trade port a boost appeared first on The Loadstar.
One instalment at a time: here comes the third under ‘MSC EXCLUSIVE’ this week following a leadership seminar that took place in Arizona two weeks ago. The post EXCLUSIVE: MSC targets SMEs – share gains to be had where ‘others fall behind’ appeared first on The Loadstar.
Working from home has allowed more time to enjoy breakfast or brunch, where a simple bowl of warm rice porridge can be paired with a variety of flavourful side dishes every day. Marking a fresh start for gourmet enthusiasts in Thailand, the legendary Singaporean brand Bee Cheng Hiang has officially returned, bringing freshly grilled barbecued meat directly from the oven to local diners.
This is getting very messy indeed – a drone of some sort yesterday hit an LNG tanker in the Egyptian port of Damietta, at the northern mouth of the Suez Canal and on the Mediterranean coast, potentially dragging the wider Middle East into the conflict surrounding Iran. The post Houthis set to further muddy the already troubled Middle East water appeared first on The Loadstar.
Transport operators are urging the introduction of road tolls across North Europe in an effort to dissuade motorists as congestion mounts on the back of low water levels along the Rhine, forcing evermore volumes into trucks. The post Tolls needed to deter motorists as more barge traffic shifts to the roads appeared first on The Loadstar.