U.S. forces have seized a sanctioned oil tanker in the Indian Ocean, marking the third interdiction of a runaway vessel linked to Venezuelan oil exports. [reuters] [maritime-executive] The tanker Bertha was intercepted on February 24 after being tracked from the Caribbean as part of an expanded U.S. campaign targeting sanctioned oil shipments. According to U.S. […]
Panama has transferred temporary operational oversight of two key Panama Canal ports to global carriers Maersk and Mediterranean Shipping Company (MSC), following the cancellation of long-standing concessions previously held by CK Hutchison. The decision affects the Balboa and Cristóbal terminals located at the Pacific and Atlantic entrances of the Panama Canal, two strategic gateways for […]
The landscape of U.S. tariffs on Indian exports is shifting, but exporters still face key duties that could affect competitiveness and market access, even after a landmark legal ruling eliminated sweeping reciprocal levies. In February 2026, the U.S. Supreme Court struck down broad reciprocal tariffs imposed under the International Emergency Economic Powers Act (IEEPA), a […]
English-Only Commercial Driver’s License (CDL) Tests: What Truckers & Logistics Firms Need to Know The U.S. Department of Transportation has announced a major change to commercial driver qualification requirements that will impact the trucking and bus industries nationwide. Under the new policy, all commercial driver’s license (CDL) tests must be administered only in English, a […]
Hapag-Lloyd Expands Global Footprint with $4.2B ZIM Acquisition German shipping giant Hapag-Lloyd has announced a $4.2 billion acquisition of Israel’s ZIM Integrated Shipping Services, marking one of the largest container shipping deals of 2026. The deal values ZIM at $35 per share, a 58% premium over its previous closing price. Post-merger, the combined company will […]
Estes Logistics Expands Pacific Northwest Network with Key Trucking Acquisition RICHMOND, Va. — Estes Logistics has strengthened its U.S. regional footprint through the acquisition of Washington-based carrier Key Trucking, a strategic move that enhances the company’s dedicated transportation and freight capabilities in the Pacific Northwest. Key Trucking, headquartered in Kent, Washington, has long served Western […]
Global ocean freight pricing continued to slide this week as lower freight shipments weigh on world container rates, according to the latest data from the Drewry World Container Index (WCI). The widely followed benchmark fell for a fifth consecutive week, signaling ongoing pressure on pricing across major trade lanes. [FreightWaves] The Drewry World Container Index […]
The Federal Motor Carrier Safety Administration finalizes sweeping restrictions on non-domiciled CDLs, reshaping cross-border driver availability and compliance requirements for carriers. The U.S. trucking sector is entering a new compliance phase after regulators finalized updated rules governing non-domiciled CDLs, significantly tightening eligibility requirements and documentation standards for foreign-based commercial drivers operating within the United States. […]
The CBP vessel export rule is set to transform how outbound ocean shipments are monitored, as U.S. Customs and Border Protection moves to require advance electronic export manifest filings to better detect high-risk exports before cargo leaves U.S. ports. The regulatory shift reflects a broader push toward supply-chain security, export-control enforcement, and digital data transparency […]
Bertelsmann has acquired a majority stake in Indian trucking marketplace LetsTransport, marking the first deal under its newly launched India-focused investment platform and highlighting rising global interest in the India logistics market. The German media and investment giant has secured approximately 80% ownership of LetsTransport through its Bertelsmann Next India (BNI) initiative. The move reflects […]
