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Successful quarter at Expeditors boosted by hyperscaler business

All the key numbers at Expeditors International pointed upward in the third quarter at the logistics and freight forwarding company. Revenue year-on-year was up 42%, to $4.1 billion at the asset-light customs broker and freight forwarder. Despite the fact that the cost of transportation rose 49%, a faster rate than re…

FreightWaves Железные дороги
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Dubai Benchmark Slips Into Contango for the First Time Since July

The curve of the Dubai benchmark is showing signs that rising oil flows from the Middle East are exceeding demand for the first time since early July, when the three-week U.S.-Iran ceasefire allowed millions of barrels to leave unhindered the Strait of Hormuz. Physical flows have been gradually rising for the past two…

OilPrice.com Порты и суда
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New survey finds AI rush isn’t boosting ports earnings

A new survey of 103 industry experts has found that artificial intelligence is moving beyond trials in container ports and terminals, but measurable financial returns remain scarce. While 44% of respondents said their organizations had reached the scaling stage or beyond, Boston Consulting Group reported , only 4% rep…

FreightWaves Железные дороги
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Loamy raises $6M to flag produce before a buyer rejects it

Loamy, a Los Angeles startup that sells operations software to produce growers, packers, and distributors, has raised $6 million in seed funding led by Zeal Capital Partners. The round, announced Oct. 27, brings the company’s total funding to $10 million. Once a load misses a buyer’s spec after it ships, the grower ha…

FreightWaves Средний коридор
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Italy approves rail investments for €5.4bn

Italy’s draft budget law for 2027 allocated €5.43 billion to the national rail network over the next two years. The funds will be sent to infrastructure manager RFI, with the Terzo Valico project getting the largest share of the funds with €1.6 billion. According to article 77 of the bill, the ‘Services’ part of the p…

RailFreight.com Средний коридор
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Delivery AI should earn its authority one segment at a time

Salman Habib thinks AI vendors are asking retailers for too much, too soon. The vendors pitching them so far want full trust from day one, the Burq cofounder said, and that is why many retailers are still stuck deciding whether to use AI at all. Burq’s software decides how each order gets delivered, choosing among the…

FreightWaves Железные дороги
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Kazakhstan and Azerbaijan agree: “Superferry” and new intermodal terminal for Middle Corridor

Kazakhstan and Azerbaijan are planning a joint intermodal terminal at the Baku International Sea Trade Port. In addition, the two countries want to launch regular high-capacity ferry services between the ports of Alat and Kuryk, dubbed “Superferry” in Azerbaijan. Both projects target freight on the Middle Corridor. Th…

RailFreight.com Средний коридор
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Saudi Aramco Profit Beats Expectations as Oil Prices Soar

Saudi Aramco beat analyst estimates of its third-quarter profit as higher crude oil and fuel prices offset the impact of oil supply disruptions due to attacks on its assets. The Saudi state oil giant on Tuesday reported an adjusted net income of $31.2 billion for the third quarter, up from $28.6 billion for the same p…

OilPrice.com Аналитика
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Évora–Caia delay costs Medway its daily freight Sines-Seville trains

The opening of Portugal’s new Évora–Caia line has slipped once again, this time to 2028, and the first casualty is already known. MSC has reportedly suspended the daily Medway freight service between the port of Sines and Seville, taking around 50,000 containers a year to a Spanish port instead. “Unfortunately, we fou…

RailFreight.com Железные дороги
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Maersk rail service shortens Finland–Asia transit by eight days

Maersk is launching a block train between Haparanda, on the Swedish–Finnish border, and APM Terminals Gothenburg. The service offers businesses in Finland and Northern Sweden an alternative to the conventional feeder route across the Baltic Sea. The first train is scheduled for 5 November. Logistics giant Maersk is ta…

RailFreight.com Железные дороги
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New dawn for Limerick-Foynes freight line

The first train has run on the reinstated Limerick-Foynes Freight Line, ahead of the 2027 restoration of rail access to Ireland’s Port of Foynes. The two-car passenger unit operated during testing over a public holiday weekend at the end of October. It was the first train to traverse the route since its decommissionin…

RailFreight.com Железные дороги
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Laude Smart Intermodal calls on Europe to donate old locomotives to Ukraine

European countries should hand over their old but operational locomotives to Ukraine, the Polish operator Laude Smart Intermodal argues. In turn, Europe could renew its fleet with new locomotives financed with EU aid. Ukraine has lost over 600 locomotives due to Russian attacks, while Polish companies retain several h…

RailFreight.com Железные дороги
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230-plus immigrants arrested in crackdown targeting unauthorized CDL holders

Federal and state law enforcement agencies arrested more than 230 undocumented immigrants, including more than 40 commercial driver’s license holders, during a 72-hour enforcement operation spanning 15 states. The operation, dubbed Operation Guardian , was conducted Oct. 26-28 by U.S. Immigration and Customs Enforceme…

FreightWaves Торговля
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Pamt Corp. reports Q3 net loss, books 109.1% truckload OR

Truckload carrier Pamt Corp. lost money again during the third quarter. Like other carriers , it pointed to elevated driver procurement costs and the spike in diesel fuel prices as the culprits. Pamt ( NASDAQ: PAMT ) reported a net loss of $8.1 million, or 38 cents per share, on Monday after the market closed. Earning…

FreightWaves Аналитика
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Waiting on EPA ‘27 rule, Rush says it might not be soon

With the trucking sector anticipating the release of the final rule by the Environmental Protection Agency on nitrogen oxide (NoX) standards–known colloquially as EPA ‘27–and what engines need to do to get there, one of the country’s biggest truck retailers took the issue head on its recent earnings call with analysts…

FreightWaves Порты и суда
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SONAR SCI: Custom Insights Now Includes Conversion Optimization: Shows Shippers Where to Switch Modes and What They Can Save

The newest module in Supply Chain Intelligence: Custom Insights uses a shipper’s own freight data to flag lanes that could move from truckload to intermodal, or between spot and contract, and estimates the savings lane by lane. SONAR has added mode conversion optimization to SCI: Custom Insights, part of its Supply Ch…

FreightWaves Железные дороги
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Sanctioned Iranian Tanker Slips Past U.S. Blockade, Delivers Cargo to China

A sanctioned Iranian tanker carrying about 500,000 barrels of liquefied petroleum gas slipped past the U.S. naval blockade and delivered its cargo to China, according to United Against Nuclear Iran (UANI), which says it filmed the ship at a Malaysian anchorage along the way. Tanker laden with Iranian LPG transiting th…

OilPrice.com Порты и суда
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Amazon, retailers paid more for freight in 3Q

Higher fuel and transportation expenses weighed on retailers’ supply chains during the third quarter, even as fulfillment improvements helped some companies contain costs. Early reports from Amazon, Tractor Supply and Carter’s point to an uneven environment heading into the holiday season, with shipping inflation alon…

FreightWaves Порты и суда
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Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight

#fwtv_LtCkVDuHfw .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_LtCkVDuHfw .fwtv-panel p{margin:0 0 12px}#fwtv_LtCkVDuHfw .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} ZET Scale, a shipper alliance, just placed the larg…

FreightWaves Средний коридор
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LTL vs. Truckload: Who emerged stronger from Q3 earnings reports?

#fwtv_2pLMzTsETo .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_2pLMzTsETo .fwtv-panel p{margin:0 0 12px}#fwtv_2pLMzTsETo .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} FreightWaves Finance Editor Todd Maiden breaks down…

FreightWaves Санкции и риски
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WARNING: Don’t Expect This Freight Cycle to End Soon

#fwtv_hkx7GLOu7gU .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_hkx7GLOu7gU .fwtv-panel p{margin:0 0 12px}#fwtv_hkx7GLOu7gU .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} FreightWaves expert breaks down 20 years of frei…

FreightWaves Железные дороги
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Parcel shipping demand to increase 4% during holidays, ShipMatrix says

Parcel carriers will deliver about 2.4 billion packages during the current peak shipping season, up 4% from the same period last year, despite high inflation, according to an estimate from ShipMatrix. The increase in parcel demand is aided by an extra shopping day this holiday season, said ShipMatrix, which helps ship…

FreightWaves Железные дороги
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Rare Iranian Strike On Vessel Hundreds Of Miles From Strait Of Hormuz

Sunday saw another vessel attacked in Persian Gulf regional waters. The UK Maritime Trade Operations agency (UKMTO) reported that a ship was struck by two projectiles some 83 miles east of Ras al-Khafji, which is the Saudi town on the Kuwaiti border in the northern Persian Gulf. Significantly and unusually, this parti…

OilPrice.com Порты и суда
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Grow Your Brokerage. Keep Profitability in Focus.

More customers. More loads. More decisions that affect your bottom line. As your brokerage grows, it becomes harder to know whether the additional volume is delivering the profit you expect. The New Rules of Freight Brokerage explores why margin discipline is becoming a competitive advantage, and five practical rules …

FreightWaves Санкции и риски
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October’s 55.5 manufacturing PMI beats expectations

U.S. manufacturing activity remained in growth mode for a 10th straight month in October, with most key demand indicators remaining positive. The Monday update supported mostly positive demand commentary provided by public less-than-truckload carriers last week. Manufacturing supply executives surveyed during the mont…

FreightWaves Железные дороги
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TrashLab raises $12M to automate waste haulers’ back offices

Nearly 80% of the waste haulers using TrashLab’s software now rely on its AI agent, Haul-E, to answer inbound calls and capture after-hours orders. On Thursday, TrashLab said it raised $12 million to build more agents like it. The money funds agents for dispatch, billing, and collections that would move more of a haul…

FreightWaves Железные дороги
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Mexico destroys 52 tons of avocados after pest discovery raises export concerns

Mexican avocado producers have destroyed up to 52 tons of fruit after authorities detected a destructive agricultural pest in shipments intended for international export to the U.S. and other destinations. The seed weevil pest raises concerns about potential disruptions to U.S.-Mexico avocado trade, which generates an…

FreightWaves Порты и суда
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Boeing secures lessor order for 767 passenger-to-freighter conversion

Boeing will convert a 767-300 passenger jet into a freighter for Icelease, which also took options for up to two more conversions, as the leasing company continues to grow its freighter portfolio, the companies announced on Monday. The first aircraft is scheduled to take its production slot in the first quarter of 202…

FreightWaves Железные дороги