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Freight & Shipping

Somali Piracy Hits Worst Level Since 2013 as Four Tankers Remain in Pirate Hands

Somali pirates released the cargo ship MV Sward on September 11 after 138 days in captivity, but four commercial tankers remain under pirate...

Sep 15, 2026 29 Read Story
Japan Just Approved Another $635 Million to Rebuild Its Shipbuilding Industry — Here Is Why That Matters for Global Freight Capacity
Industry News AI

Japan Just Approved Another $635 Million to Rebuild Its Shipbuilding Industry — Here Is Why That Matters for Global Freight Capacity

Japan's transport ministry approved a second wave of state funding on September 14, 2026 — up to ¥98 billion ($635 million) split ...

Maersk and Hapag-Lloyd Just Sent Four More Services Back Through the Suez Canal — Here Is the Full Return-to-Red-Sea Timeline
Freight & Shipping AI

Maersk and Hapag-Lloyd Just Sent Four More Services Back Through the Suez Canal — Here Is the Full Return-to-Red-Sea Timeline

Maersk announced today, September 14, 2026, that it will resume four more container services with Hapag-Lloyd through the Suez Can...

Hormuz Traffic Collapses to Single Digits as Another Vessel Is Struck — And Iran Signs a New Shipping Deal With Oman Today
Freight & Shipping AI

Hormuz Traffic Collapses to Single Digits as Another Vessel Is Struck — And Iran Signs a New Shipping Deal With Oman Today

Vessel transits through the Strait of Hormuz fell to just seven ships on September 10, far below the 10-day average of 14-15, as a...

FedEx Will Now Guarantee Your Import Fees at Checkout — And Eat the Difference If It's Wrong
Technology & AI AI

FedEx Will Now Guarantee Your Import Fees at Checkout — And Eat the Difference If It's Wrong

FedEx has launched a Shopify app called FedEx Duty and Tax that shows customers a guaranteed landed cost at checkout — and absorbs...

CMA CGM Breaks Ground on $100 Million Expansion of Beirut's Port — More Than Doubling Its Container Capacity by 2028
Freight & Shipping AI

CMA CGM Breaks Ground on $100 Million Expansion of Beirut's Port — More Than Doubling Its Container Capacity by 2028

CMA CGM has laid the foundation stone for a major $100 million expansion of the container terminal at the Port of Beirut, announce...

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