Category: News

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Major shipping interests return to Red Sea transit despite renewed Houthi threats

… announcement to stakeholders, the shipping giant encouraged clients to “ … coverage for cargo going through that area.” Xeneta Senior Shipping Analyst … suggests that the two shipping companies are aligned in … could mean a drop in freight rates. "The fact …

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CSX freight train derails in Georgia; no injuries or hazardous materials released

… / CBS Atlanta A CSX freight train derailed early Friday morning …

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Customs pledges faster, safer routes for Niger cargo

… regional trade facilitation, safeguarding transit cargo, and deepening cross-border … delays and bottlenecks affecting transit cargo, Adeniyi disclosed that President … awaiting clearance. He assured that cargoes transiting through Nigeria, particularly …

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Shipbuilding drives HII’s revenue and income gains for 2025

… year, revenues at Ingalls Shipbuilding and Newport News Shipbuilding (NNS) increased 11 … both overall company revenue and shipbuilding revenue, with Mission Technologies expected … year 2026, the company anticipates shipbuilding revenues between $9.7bn and …

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Lagos air cargo operators split over FAAN’s N20 tariff increase

… International Airport (MMIA) cargo terminals, just days after … of incremental cargo tariff revenue reinvested in cargo infrastructure and … Accountability measures include a Cargo Tariff Oversight Committee … know    Nigeria’s air freight market, valued at over  …

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Automotive Night Vision System Market to Hit USD 6.34B by 2031 Growing at 11.52% CAGR from 2026, Says Mordor Intelligence

… thermal-imaging component costs. Automakers are increasingly integrating thermal sensors … compliance solution across major automotive markets.  Automotive Night Vision System Market … out from mainstream competitors. Automakers are embedding night-vision …

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Korean Shipbuilders’ Profits Triple, Near Super Cycle

… three major South Korean shipbuilders—collectively reported an operating … 2010 during the global shipbuilding boom. According to industry … global recovery of the shipbuilding industry and the … the board. HD Korea Shipbuilding & Offshore Engineering, …

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Big 3 automakers take $52.1 billion hit from EV pivot

… write-off, has the Detroit automakers vaporizing $52.1 billion … more globally positioned Big Three automaker reported a massive $26 … a new administration), and the automakers must change course again. … said in an interview with Automotive News. "We…

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SCORPIONS/Ex-MOTÖRHEAD Drummer MIKKEY DEE Joins Swedish Premium Automotive Platform VERDE MOTORI As Partner

… platform within the luxury automotive segment in Scandinavia. … the luxury automotive world. In addition to automotive advisory, … is an independent premium automotive platform combining advisory, networking … passion for world-class automobiles. Back in 2022, …

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Singapore Airshow: HAECO and CEVA Logistics sign global air freight partnership

… new two-year global air freight contract, strengthening their longstanding partnership … flows, leveraging its global air freight network and aerospace expertise. The …

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Mass. High Tech Council is losing higher-ed members amid its income tax rollback push. Why?

… there’s Wentworth Institute of Technology, which says its nonrenewal was … the scenes is Mass. High Tech’s archenemy: Raise Up … . Since then, Mass. High Tech president Chris Anderson and his … of Greater Boston’s biggest tech and financial firms, complaining …

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Consolidation, AI, Cross-border expansion to define the next phase of African tech

… automation technologies. Beyond fintech, climate technology, energy systems, and digital infrastructure … is expected to produce hybrid tech-energy conglomerates, particularly in … Ghana. Despite Africa’s growing tech influence, analysts predict that …

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U.S. Bank Says Tight Truck Capacity Lifts Q4 2025 Freight Rates

… the latest U.S. Bank Freight Payment Index. National shipment … Bobby Holland, director of freight business analytics at U.S … more to move slightly more freight, clear evidence that available … showed strain in Q4.” Freight Payment Index data snapshot National …

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Audi of America, Everett Automotive Group to open Northwest Arkansas dealership in 2028

… Arkansas in partnership with Everett Automotive Group, with plans to … to achieve with the Everett Automotive Group,” said Jeremy Meyer, … Everett, owner of Everett Automotive Group, said the new dealership … adjacent to other Everett Automotive Group dealerships.

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FMC fines MSC millions for Shipping Act violations

… said it has fined Mediterranean Shipping Company $22.67 million … for three types of Shipping Act violations. The decision … , investigated and prosecuted. The Shipping Act of 1984 requires ocean … not involved in moving the cargo. The FMC affirmed an …

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Bidding Announcement of General Cargo Ship “ORIENTAL LUNA”

… Object: MV “ORIENTAL LUNA”, General Cargo Ship; IMO: 9363443; Flag: Panama … ) USD Acct: ● Beneficiary: SHIPBID (SINGAPORE) SHIPPING EXCHANGE PTE. LTD. ● Beneficiary Add …