Segro Rejects Prologis $18.2bn Third Bid
Segro has rejected a third sweetened Prologis proposal at $18.2bn, keeping Europe's largest warehouse landlord independent for now.
Strait of Hormuz Truce Buys 7 Days, Talks Stall | CalculateCBM
A narrow US-Iran truce keeps the Strait of Hormuz quiet for seven days, but the underlying dispute over control just got sharper.
US Intermodal Volume Up 10%, Rail Speeds Crash | CalculateCBM
US intermodal rail volume jumped 10% last week, but the surge is sharply crushing train speeds to 10-20 month lows nationwide.
22,000 Yellow Corp Teamsters Denied WARN Act Pay | CalculateCBM
Yellow Corp court ruling leaves 22,000 Teamsters with no WARN Act pay after the biggest trucking bankruptcy in US history.
Bureau Veritas Sells €470m Fuel Testing Unit | CalculateCBM
Bureau Veritas has agreed to sell its €470m fuel testing arm to Triton Partners, reshaping independent marine fuel inspection ownership globally.
Hafnia Names New CEO as Skov Steps Down Sept 1 | CalculateCBM
Hafnia CEO Mikael Skov steps down September 1 as EVP Søren Steenberg Jensen is named successor at the product tanker giant.
Enclosed Space Deaths Need Engineering, Not Forms | CalculateCBM
Enclosed space deaths keep happening despite decades of procedures, MarinePALS argues. The fix is engineering, not more paperwork.
CMA CGM, Asyad Plan $400m Oman Terminal | CalculateCBM
CMA CGM and Asyad will build a $400m multipurpose terminal in Sohar, Oman — new capacity on a key Gulf trade corridor for forwarders.
US-Iran Strikes Shatter Hormuz Strait Ceasefire
The Strait of Hormuz ceasefire has collapsed after fresh US-Iran strikes, putting one-fifth of global oil flows at risk.
Castor Maritime Buys 2023 Kamsarmax for $37.5m | CalculateCBM
Castor Maritime confirms the Seacon Hamburg as its $37.5m kamsarmax acquisition, expanding dry bulk capacity this quarter.
Single Bypass App Leaves Weigh Station Gaps | CalculateCBM
Mobile weigh station bypass apps cover more sites than ever — but relying on a single method still leaves fleets exposed to avoidable stops.
Expeditors Restructures Core APAC Operations | CalculateCBM
Expeditors is restructuring core APAC operations, a freight-forwarder shake-up that signals deeper supply chain shifts ahead.
Golden Share May Block $4.2bn Hapag-Zim Deal | CalculateCBM
The Hapag-Lloyd Zim deal is wobbling as Israel's golden share threatens to block the $4.2bn takeover, with Zim stuck 30% below the offer.
A Career in Shipping: The Truth About Getting a Maritime Job
A career in shipping is hard to break into—not for lack of jobs, but because the industry never explains what the work actually is.
France Boards Russian Shadow Fleet Tanker Off Sicily
French marines fast-roped onto a Russian shadow fleet tanker off Sicily as Europe widens its blockade on Moscow's sanctioned-oil trade.
Engine Shortage Slows Newbuild Shipyards | CalculateCBM
A main engine shortage is curbing shipyard output, squeezing dual-fuel newbuilds and signaling tighter vessel capacity ahead for shippers.
Splash Singapore Maritime Summit Set for Sept 24 | CalculateCBM
Splash Singapore hits its 90-day countdown for a Sept 24 maritime summit drawing senior shipping leaders to the Fairmont Hotel.
Trump-Iran Rift Rattles Gulf Shipping Outlook | CalculateCBM
A political row over Iran in Washington is keeping Strait of Hormuz shipping risk and Gulf war-risk premiums elevated for ocean freight.
France Seizes Russia Shadow Fleet Tanker, Pressures Moscow
France's navy has seized another Russia shadow fleet tanker, escalating EU sanctions enforcement and raising fresh risk for global tanker and freight operators.
FedEx Cuts $4.15bn Debt From Freight Spin-Off | CalculateCBM
FedEx launched a $4.15bn debt buyback funded entirely by Freight spin-off proceeds, reshaping North America's LTL competitive landscape.