LTI Trucking Services, a reputable trucking and logistics company based in Illinois, recently made the difficult decision to cease operations, impacting its 250 drivers. The announcement was made through a fleetwide message sent to all drivers, informing them of the immediate closure of the...
Taiwanese company Dong Fang Offshore (DFO), owned and operated by Hung Hua Construction, has once again partnered with Vard, a Norwegian shipbuilder under the Fincantieri umbrella, to commission a new subsea construction vessel. With a robust fleet of over 15 offshore vessels, DFO...
The recent announcement by U.S. President Donald Trump regarding the implementation of new "reciprocal tariffs" has sent shockwaves through the global shipping industry and beyond. These tariffs, which went into effect on April 3, target several key trade partners with significant import duties. The...
President Donald Trump made a significant announcement on April 2, 2025, unveiling a comprehensive tariff plan for all U.S. trade partners. This announcement, dubbed as "Liberation Day" by Trump, marked a pivotal moment in American industry and economic policy. During a Rose Garden event...
AD Ports Group, a prominent ports and logistics company based in Abu Dhabi, has joined forces with shipmanagement group Columbia to establish a groundbreaking joint venture known as Noatum – CSM. This partnership aims to revolutionize third-party vessel operations and optimize the fleet...
FreightWaves is proud to announce the upcoming Freight Fraud Symposium, taking place in Dallas, Texas on May 14, 2025. This one-day event is set to be a pivotal gathering of key players in the logistics industry, including major logistics providers, carriers, and shippers, who...
