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Affinity Tanker Weekly, 6 November 2026
VLCCs have softened throughout the week as limited enquiry and increasingly competitive Suezmax alternatives have tempered owners’ Source: Affinity Research LLP
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Oil Traders Want U.S. to Release Sanctioned Tankers as Freight Costs Soar
Some of the world's biggest oil traders are asking Washington for permission to put sanctioned tankers back to work, as a global vessel shortage pushes oil transportation costs to extraordinary levels. Trafigura, Vitol, Mercuria and Abu Dhabi National Oil Co. are negotiating with U.S. officials for licenses to purchas…
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Why Aviation Automation Still Hasn’t Reached Small Planes
#fwtv_b9mpDt1DSww .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_b9mpDt1DSww .fwtv-panel p{margin:0 0 12px}#fwtv_b9mpDt1DSww .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Self-flying planes are closer than most aviation…
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PS Logistics expands Tennessee flatbed presence with Roane acquisition
PS Logistics announced it has acquired peer Roane Transportation Services and its affiliates, adding 189 power units to its flatbed network. PS Logistics subsidiary, Loudon County Trucking, was the buyer in the transaction. The deal also included Roane’s logistics and leasing operations. Financial terms of the transac…
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CBP seizes 1,000-plus pounds of meth in produce truck at Texas border
A tractor-trailer hauling leeks concealed more than 1,000 pounds of methamphetamine as it approached the Texas border. Federal officers discovered 909 packages of suspected narcotics during an Oct. 30 inspection of a commercial truck entering South Texas. The drugs carried an estimated street value of $984,063. U.S. C…
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Fleetworthy launches RADAR, new AI fleet management technology
Fleetworthy is adding AI-powered capabilities to its fleet management platform, giving customers new tools to monitor toll activity, identify spending trends and receive recommendations without manually reviewing reports. The new technology, called RADAR (Real-time AI, Decisioning and Automated Resolution), is embedde…
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Drone Wars & Pilot Skills: Is US Military Training Outdated?
#fwtv_3dYwC96kZk .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_3dYwC96kZk .fwtv-panel p{margin:0 0 12px}#fwtv_3dYwC96kZk .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} US pilot training is struggling to keep pace with m…
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Flying Cars Are HERE: Joby Aviation on eVTOL Revolution [2025 Outlook]
#fwtv_bugrxdw0mk .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_bugrxdw0mk .fwtv-panel p{margin:0 0 12px}#fwtv_bugrxdw0mk .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Joby Aviation’s Chief Policy Officer, Greg Bowles, …
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Electric ‘Flying Boat’ Lands $5 Billion in Orders
#fwtv_s6l22d5dvxQ .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_s6l22d5dvxQ .fwtv-panel p{margin:0 0 12px}#fwtv_s6l22d5dvxQ .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} REGENT is building electric seagliders that merg…
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Florida’s Space Race: 95% Cost Drop Fuels Private Sector Boom
#fwtv_FexIK7atYm4 .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_FexIK7atYm4 .fwtv-panel p{margin:0 0 12px}#fwtv_FexIK7atYm4 .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Florida is rapidly becoming the epicenter of the…
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Flying Taxis & Cargo: Electric Aviation’s Future Takes Off
#fwtv_Fq2CaGxmtIY .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_Fq2CaGxmtIY .fwtv-panel p{margin:0 0 12px}#fwtv_Fq2CaGxmtIY .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} BETA Technologies just secured landmark FAA auth…
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STB signals broader protection for rail-served projects against state and local restrictions
The Surface Transportation Board is signaling that state and local restrictions on rail customers’ facilities may face greater scrutiny under federal law, issuing a sweeping policy statement that questions aspects of earlier agency decisions involving privately owned terminals and other rail-served projects. The state…
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Walmart to take drone delivery nationwide as Zipline raises $1.5B
Walmart will significantly scale up its drone delivery network in partnership with Zipline, which will operate the small unmanned aerial vehicles from 300 new store locations and has raised $1.5 billion in new funding to build out a nationwide drone delivery capacity, the companies announced on Thursday. Zipline, the …
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Conlio raises €6.4M to automate freight document checks
Berlin-based Conlio announced a €6.4 million ($7.1 million) funding round on Tuesday for software that verifies road freight documents before forwarders pay carriers and invoice customers. Piton Capital led the round. Conlio calls that check one of logistics’ most manual processes and says it slows payments and ties u…
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October truck transportation jobs = September truck transportation jobs
The number of workers employed in truck transportation in October was unchanged from September. That end result in the October report from the Bureau of Labor Statistics, released Friday, came from two developments. First, the BLS revised downward its initial figure on truck transportation jobs in September to 1,471,3…
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Mexico widens US trade lead with record $96.3B September
Mexico remained the United States’ largest trading partner in September, with two-way commerce surging 34.2% year over year to a record $96.34 billion. According to the latest trade data analyzed by WorldCity , Canada ranked second with $64.78 billion in two-way trade, followed by China at $41.1 billion. Mexico accoun…
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North America container imports rise 9% as as freight pricing pressures mount
Global container volumes reached 17.35 million TEUs in September 2026, up 8% from a year earlier, as trade remained resilient despite mounting disruption and rising freight prices. Monthly liftings fell 1.4% from August , although the decline followed the highest monthly volume recorded in the Container Trade Statisti…
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Maersk eyes trade in deals for more than 50 terminals
A.P. Moller Capital is expanding its international ports portfolio through agreements to buy Singapore-based Portek International and a majority stake in Euroports, adding exposure to container terminals and the infrastructure that moves Europe’s industrial and agricultural commodities. The infrastructure investment m…
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Ryder grows its FMS business with East Coast acquisition
Ryder System (NYSE: R) has acquired Efficiency Enterprises, a company with a business model similar to what Ryder does in its Fleet Management Systems (FMS) unit. Ryder, in a prepared statement, described Efficiency Enterprises as “a regional provider of fleet management, maintenance, and leasing solutions for trucks,…
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India’s HPCL Struggles to Secure Oil Tankers as Hormuz Risks Persist
Hindustan Petroleum Corporation Limited (HPCL), a major Indian state-owned refiner, is struggling to hire tankers to transit the Strait of Hormuz and pick up cargoes in the Gulf, chairman Vikas Kaushal has told Bloomberg. Despite the recovery of crude oil flows from the Gulf via Hormuz to nearly pre-war levels, buyers…
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China’s Carbon Emissions Plunge 3.1% as Oil Demand Slumps
A decline in fuel use in China’s industrial sector has led to a 3.1% decline in carbon dioxide emissions in the third quarter of the year, the Finnish climate outlet Centre for Research on Energy and Clean Air has reported, as cited by Reuters. The lower emissions from the world’s largest generator of CO2 resulted fro…
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Oil Prices Head for 12% Weekly Loss Despite Fresh Tanker Attacks
Crude oil prices were on course for a sharp weekly drop, with both Brent crude and WTI shedding 12% since Monday, following the results of the U.S. midterm elections, which gave rise to hopes that the war in the Middle East could be brought to a swift end. At the time of writing, Brent crude was trading at $99.42 per …
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EXCLUSIVE: ‘Humor is good,’ Union Pacific CEO says of video rate threat
The chief executive of Union Pacific says he wasn’t serious when he threatened to raise rates for shippers that didn’t support UP’s merger with Norfolk Southern . Vena, who frequently peppers his public comments with joking asides, characterized the comment made to a shippers group as “a little humor” in a message to …
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Seven Shadow Fleet Tankers Spoof AIS to Hide Novorossiysk Voyages
Sanctioned Tankers Fake Their Positions Near the Bosphorus A cluster of seven sanctioned Russian tankers were found to have routinely and deliberately manipulated AIS over the past 90 days to falsely claim they were drifting off the Black Sea close to the Bosphorus entrance. The tankers were instead identified by Wind…
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Teamsters say they’ve organized Amazon employees in Indiana; company demurs
The Teamsters are claiming victory for a group of “W-2” drivers at an Amazon facility in Indiana who sought representation by the union. But as with the entire Amazon-Teamsters relationship, it’s complicated. In its prepared statement announcing the “march” on the company to demand it bargain for a contract, the Teams…
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Mexico cargo thieves shift tactics as Q3 truck parking thefts surge
Cargo thieves in Mexico are increasingly targeting parked trucks, shifting operations toward the country’s industrial heartland and exploiting nighttime security vulnerabilities. “Now, in Mexico, you can’t move loads without a plan,” Luis Enrique Villatoro, president of the Mexico-based National Association of Vehicle…
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Conrail tabs Wright as president and chief operating officer
Conrail has named John Wright its new president and chief operating officer, bringing aboard a freight rail veteran with decades of operating and executive experience. Wright most recently served as general manager of Indiana Harbor Belt Railroad, a 600-employee switching and belt-line railroad based in Hammond, Ind. …
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US and Turkmenistan Explore New Gas Routes Across the Caspian
US and Turkmen diplomats focused on expanding trans-Caspian connectivity and promoting energy export diversification during annual consultations in Ashgabat. Turkmen officials are signaling a strong desire to improve trade ties with both South Asia and the West, while maintaining the country’s long-standing status as …
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A Super El Niño Is About To Test Which Freight Enterprises Plan For Impact And Which Only React
For most enterprises the first sign of a winter storm is still a broad, countrywide warning, the kind that tells a leadership team something is coming but says nothing about which lanes will fail, which distribution centers sit in the path, or which customer commitments are about to slip, and in a season shaping up to…
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STB orders Union Pacific to make alleged rate hike threat video public
The Surface Transportation Board has ordered Union Pacific to make public a recording of Chief Executive Jim Vena’s remarks to a shipper conference, rejecting the railroad’s appeal in a dispute over whether he threatened customers who oppose its proposed acquisition of Norfolk Southern (NYSE: NSC ). The board’s Nov. 4…