News: 2026-10-29 (29 October 2026)
60 freight and shipping headlines from independent trade press on 2026-10-29 (29 October 2026).
Headlines
- Amazon battles freight inflation as shipping costs jump 11% in Q3
Amazon's logistics network absorbed higher fuel and linehaul costs in the third-quarter while delivering more than 1.5 billion items same-day or overnight. The post Amazon battles freight inflation as shipping costs...
FreightWaves · 23:26 UTC
- First look: TFI Truckload sparkles, but OR at LTL slips
TFI International has tried to get investors to take notice of its Truckload operations, which are substantial but smaller than its more better-known LTL segment. The third quarter results may be the catalyst that gets...
FreightWaves · 21:38 UTC
- First look: Covenant Logistics’ Q3 freight revenue surges 68%
Covenant Logistics Group reported a 19.2% increase in third-quarter revenue to $353.9 million, fueled by rapid growth in its managed freight segment. The post First look: Covenant Logistics’ Q3 freight revenue surges...
FreightWaves · 21:15 UTC
- How transportation leaders are turning AI and connected data into a competitive edge
AI is gaining ground in transportation, but are companies actually turning that potential into results? As supply chains face constant disruption, rising expectations and growing pressure to make faster decisions, the...
FreightWaves · 20:39 UTC
- More Than 100 Lawmakers Push to Include SHIPS for America Act in Defense Bill
A bipartisan group of 119 lawmakers is urging congressional leaders to preserve and expand provisions of the SHIPS for America Act in the final fiscal year 2027 National Defense Authorization...
gCaptain · 20:10 UTC
- FedEx cashes in on premium logistics services, fuel surcharges
FedEx posted positive third quarter results on volume growth and better pricing and anticipates a strong peak season. The post FedEx cashes in on premium logistics services, fuel surcharges appeared first on...
FreightWaves · 19:49 UTC
- Saia’s expanded terminal network delivers record revenue, tonnage
Less-than-truckload carrier Saia achieved record revenue and tonnage in the third quarter by leveraging its expanded terminal network, with operational focus now shifting toward optimizing performance at these new...
FreightWaves · 19:36 UTC
- Greek Containership Sunk by Naval Drones Off Bulgaria as Black Sea Attacks Escalate
A Greek container ship has sunk after being hit by naval drones off Bulgaria on Wednesday, the Bulgarian government said, in the latest of a series of strikes in the western Black Sea this month that have raised...
gCaptain · 18:58 UTC
- Wallenius Wilhelmsen Orders Up to 12 LNG-Powered Car Carriers in $1.5 Billion Fleet Expansion
Wallenius Wilhelmsen is expanding its fleet renewal program with an order for four new dual-fuel car carriers and options for eight more, potentially adding 12 vessels in a deal valued...
gCaptain · 18:43 UTC
- Why container rates are climbing despite cooling demand
Container freight rates climb on major Asia-Europe and trans-Pacific routes despite signs of cooling demand. The post Why container rates are climbing despite cooling demand appeared first on FreightWaves .
FreightWaves · 18:39 UTC
- QatarEnergy Continues LNG Buying Spree to Hedge Future Hormuz Disruptions
QatarEnergy is buying long-term supplies of liquefied natural gas from the US and other producers as part of a trading strategy designed to generate revenue if exports through the Strait of Hormuz are disrupted in the...
gCaptain · 18:25 UTC
- Fresno carrier DTL to run 75 Kodiak driverless trucks
DTL Transport signed a binding deal to put the Kodiak Driver in 75 trucks it owns and operates, starting on Dallas-El Paso and Dallas-Atlanta lanes Kodiak has tested. The post Fresno carrier DTL to run 75 Kodiak...
FreightWaves · 17:42 UTC
- Maritime Unions Sound Alarm Over Jones Act Waiver Compliance, Foreign Crews and National Security
Nine maritime labor organizations say the Trump administration’s prolonged Jones Act waiver raises serious questions about compliance with federal law, including reporting requirements, immigration restrictions...
gCaptain · 17:01 UTC
- Shell and Total Post Highest Quarterly Profit Since 2022
Shell and TotalEnergies reported on Thursday sharply higher third-quarter profits and raised share buybacks, as war-driven energy prices and record refining margins helped both beat expectations.
gCaptain · 16:45 UTC
- RXO’s earnings still coming out, had solid profitable quarter
RXO remains a publicly-traded company as it prepares to be acquired by C.H. Robinson, posting its earnings Thursday that showed mostly positive numbers in all key categories. Given the pending deal with C.H. Robinson,...
FreightWaves · 16:44 UTC
- Florida trucking CEO warns soaring diesel costs are squeezing carrier profits
Florida Trucking Association CEO Scott Perry said rising diesel, insurance and equipment costs are putting mounting financial pressure on motor carriers. The post Florida trucking CEO warns soaring diesel costs are...
FreightWaves · 16:44 UTC
- U.S. Shipbuilding Delays Push Empire Wind’s First Power Into 2027
Delays involving U.S.-built support vessels have pushed back turbine installation at Equinor’s Empire Wind offshore wind project off New York, with first power now expected in the first half of...
gCaptain · 16:39 UTC
- U.S. rail traffic up 7.8% as intermodal leads gainers
U.S. rail traffic rose in the latest week as gains across eight of 10 carload commodity groups showed broad - but uneven - growth. The post U.S. rail traffic up 7.8% as intermodal leads gainers appeared first on...
FreightWaves · 16:31 UTC
- COSCO Profit Jumps Most in Two Years as Turmoil Supports Rates
(Bloomberg) — Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels for longer while container...
gCaptain · 16:31 UTC
- Lawmakers Vow to Block Use of Training Ship Golden Bear for Deportations
Two California lawmakers are demanding that the Trump administration abandon reported plans to use ships for mass deportations, including the former Cal Poly Maritime Academy training vessel Golden Bear. Reps....
gCaptain · 16:21 UTC
- Cheniere LNG Shipments Surge as Iran War Reshapes Global Gas Trade
U.S. LNG giant raises full-year earnings outlook as Middle East supply disruptions boost demand for American exports Cheniere Energy, the largest U.S. exporter of liquefied natural gas (LNG), reported a...
gCaptain · 15:07 UTC
- What the Mastio Rankings Actually Tell Shippers
When a shipper puts an LTL lane out to bid, price is the number everyone can compare in five minutes. Price, however, doesn’t say much about what happens six months into the contract. A rate quote doesn’t indicate...
FreightWaves · 14:41 UTC
- 9 alleged Mexican Cartel associates arrested in California train theft ring
Nine men allegedly connected to Mexico's Sinaloa Cartel were arrested in Southern California as part of a cargo train theft operation. The post 9 alleged Mexican Cartel associates arrested in California train theft ring...
FreightWaves · 14:09 UTC
- Trailer Bridge appoints new CEO
Leading Jones Act carrier Trailer Bridge has appointed a new CEO. The post Trailer Bridge appoints new CEO appeared first on FreightWaves .
FreightWaves · 13:53 UTC
- Scan Global Logistics to acquire US forwarder OIA Global
Danish freight forwarder Scan Global Logistics (SGL) is set to undertake its largest takeover, agreeing to acquire its US counterpart, OIA Global, in a deal expected to propel SGL into the ranks of the world’s 20...
The Loadstar · 13:18 UTC
- Kalmar Q3 orders jump 22% to €458 million despite lower profit
Kalmar reported a 22% increase in orders received during the third quarter of 2026, reaching €458 million compared with €375 million a year earlier. The growth came mainly from its Equipment segment, supported by...
Container News · 13:00 UTC
- $500,000 SIG Sauer shipment stolen in fictitious pickup, two arrested in California
A shipment worth half a million dollars left a Torrance warehouse under fraudulent circumstances, triggering a cargo theft investigation by Los Angeles County detectives. The post $500,000 SIG Sauer shipment stolen in...
FreightWaves · 12:20 UTC
- XPO’s pricing, operating initiatives drive Q3 beat
Driven by higher volumes and stronger pricing, XPO once again exceeded expectations as these factors continue to amplify the impact of its operational efficiency initiatives. The post XPO’s pricing, operating...
FreightWaves · 12:11 UTC
- Analysis: CH Robinson spoils the bull party – tests remain
CH Robinson grew trucking volume, profit per load and its divisions’ operating margins again, yet its shares fell 11% to a 52-week low as investors weighed a small trucking miss, a jump in claims costs, a 2027 insurance...
The Loadstar · 12:06 UTC
- Samudera reports stable container volumes and higher revenue per TEU
Samudera Shipping Line handled 503,000 TEU during the third quarter of 2026, unchanged from the corresponding period last year. According to the company’s latest business update, average container shipping revenue...
Container News · 12:00 UTC
- Jade Pacific Line the latest ‘new kid’ on the Asian short-haul block
Intra-Asia and Middle East short-haul trades are seen to be the most sought-after launch pad or entry point for aspiring container shipping entrepreneurs, as the industry becomes more competitive and challenging in an...
The Loadstar · 11:55 UTC
- Boluda to acquire Samskip: ‘a combination to lead European shortsea shipping’
Boluda Shipping is to acquire Samskip, yet another sign of consolidation in the shortsea shipping scene, the deal intended to create a network spanning Northern Europe, the Iberian Peninsula, Canary Islands and West...
The Loadstar · 11:44 UTC
- The cold chain just got weaponised – logistics is exposed
A recent cyberattack on French supermarket refrigeration showed how remote controls can cause physical losses. The warning extends to cold stores, pharmaceutical warehouses and connected reefer fleets. At four in the...
The Loadstar · 11:41 UTC
- Vessel operators need to prepare for compliance as UK ETS looms
Shipping operators face a new compliance burden under the UK Emissions Trading Scheme (UK ETS) – a £100 ($133) penalty for every missing allowance, adding financial pressure to a regime that will bring offshore vessels...
The Loadstar · 11:35 UTC
- Air cargo growth masks freighter squeeze as fuel price outpaces yields
Rising airfreight yields have failed to keep pace with soaring fuel prices, squeezing freighter economics despite a sustained period of strong demand growth, according to Rotate. Speaking at TIACA’s Air Cargo Forum in...
The Loadstar · 11:26 UTC
- Taiwan Flags ‘Obvious’ Threat From 50 Chinese Vessels in Wide Sweep of Waters
China has more than 50 navy and other official vessels operating in a wide swath of sea stretching from southern Japan down to Taiwan and off the Philippines, a senior Taiwan official said, calling the threat level...
gCaptain · 11:19 UTC
- Qatar to Buy LNG From Woodside as It Scours for US Supply
QatarEnergy agreed to purchase US liquefied natural gas from Woodside Energy Group Ltd. for two decades, saying it’s now the top buyer of the American fuel as it diversifies from the Middle East.
gCaptain · 11:17 UTC
- Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2026
Costamare Inc. reported unaudited financial results for the third quarter and nine-month period ended September 30, 2026. I. PROFITABILITY AND LIQUIDITY Q3 2026 Adjusted Net Income from Continuing operations1 available...
Hellenic Shipping News · 11:00 UTC
- BofA tracks shipping data showing Red Sea transit recovery
Bank of America released its latest shipping and supply chain data tracking report, showing container shipping through the Red Sea has recovered to 65% of normal levels in the past two weeks. The recovery marks an...
Hellenic Shipping News · 11:00 UTC
- Water levels on Rhine rise, but relief forecast to be short-lived
Water levels on the Rhine, a critical European inland waterway for freight, rose above 50 centimeters Oct. 26 and are forecast to hover around 70 cm in the next few days, but the rebound in flows is expected to provide...
Hellenic Shipping News · 11:00 UTC
- Bahri: Nine-Months 2026 Results With Net Profit Of SAR 9.98 Billion
The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the third quarter and first nine months of 2026, reporting net profit of...
Hellenic Shipping News · 11:00 UTC
- ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Northwest Europe Prompt fuel availability is tight in the ARA ports, and buyers are recommended lead times of 5-7 days to get good coverage from suppliers, a trader told ENGINE. B100 demand has picked up in Rotterdam as...
Hellenic Shipping News · 11:00 UTC
- Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2026 and An Increase to its Quarterly Dividend
Scorpio Tankers Inc. reported its results for the three and nine months ended September 30, 2026. The Company also announced that its board of directors (the “Board of Directors”) has declared a quarterly...
Hellenic Shipping News · 11:00 UTC
- Spain’s bunker volumes jumped 18% on the year in September
Suppliers sold 938,000 mt of bunker fuel at Spain’s ports last month, up 18% from a year earlier, as Algeciras alone added 104,000 mt, government data showed. September’s total was the second-highest monthly figure...
Hellenic Shipping News · 11:00 UTC
- Valenciaport makes progress on the construction of the new substation to strengthen the electrification of the Port of València
The Port Authority of València (PAV) has launched the tender process for the construction of a new electrical substation at the Port of València, an infrastructure project that will enable Valenciaport to double the...
Hellenic Shipping News · 11:00 UTC
- Shenzhen Port crosses 30 million TEU mark three weeks earlier than last year, led by trade with APEC economies
China’s southern Shenzhen Port has handled 30 million twenty-foot equivalent units (TEU) this year, reaching the milestone three weeks earlier than in 2025, the city’s transport authorities said, with APEC member...
Hellenic Shipping News · 11:00 UTC
- UAE to supply Indonesia with up to 30 million barrels of oil
The United Arab Emirates agreed to supply Indonesia with up to 30 million barrels of oil, according to Djoko Siswanto, head of Indonesia’s upstream oil and gas regulator SKK Migas, on Tuesday. The supply commitment came...
Hellenic Shipping News · 11:00 UTC
- Iron Ore Gains as Steel Mill Output Improves
Iron ore futures climbed above CNY 680 per ton, recovering from four-year lows amid signs of strengthening demand in top consumer China. Industry data showed that China’s average daily hot metal output, a key indicator...
Hellenic Shipping News · 11:00 UTC
- MMI Daily Iron Ore Index Report October 29 2026
The price recovery continued today alongside a modest improvement in port inventories. DCE most traded closed at 682.0 yuan/mt, up 1.49%; the 61%, 58% and 65% port indices rose to 654, 608 and 817 yuan/wmt. The seaborne...
Hellenic Shipping News · 11:00 UTC
- Unlocking green iron, without locking in gas: Renewables could take lead position via direct reduced iron at existing plants
Research published today shows how steelmakers can unlock low-emissions iron production by using renewable electricity at existing production sites, while avoiding the use of natural gas and the risk of a prolonged...
Hellenic Shipping News · 11:00 UTC
- Copper Retreats From Two-Week Highs
Copper futures fell to around $6.60 per pound on Thursday, ending a four-session winning streak as traders took profits following recent gains. Sentiment was also dampened by disappointing earnings from Alphabet and...
Hellenic Shipping News · 11:00 UTC
- Brazil soybean meal prices post sharpest daily drop since April after presidential election
Brazilian soybean meal export prices posted their steepest daily decline since mid-April on Oct. 26 and fell to their lowest level since late August, as domestic markets were rattled by the surprise reelection of...
Hellenic Shipping News · 11:00 UTC
- The Commodities Feed: European gas tops €100 as supply fears grow
European natural gas prices rallied further yesterday, with TTF settling 4.85% higher. Prices broke above EUR100/MWh for the first time since 2022. The market has moved higher, with little sign of imminent relief in...
Hellenic Shipping News · 11:00 UTC
- Crude Oil Inventories Fall Less Than Expected, Impacting Oil Prices
In a closely watched report, the Energy Information Administration (EIA) released its latest data on U.S. crude oil inventories, revealing a decline that was less substantial than anticipated. The actual decrease in...
Hellenic Shipping News · 11:00 UTC
- OOCL announces new CIS4 service linking China and Indonesia
OOCL has announced the launch of its new China Indonesia Service (CIS4), strengthening container shipping connections between China and Indonesia. The service is scheduled to begin on 22 November 2026. It will provide...
Container News · 11:00 UTC
- Indian refiners favor delivered crude in procurement shift as shipping costs mount
Indian state-run refiners are increasingly seeking crude on a delivered, or CIF, basis rather than on FOB terms, as geopolitical tensions drive sharp swings in freight and insurance costs, petroleum ministry officials...
Hellenic Shipping News · 11:00 UTC
- European natural gas prices soar: What it means for your winter bills
After 2022, Europe made itself a promise: never again would its winter depend on a country at war. Four years later, it does. Only the country has changed. While public attention has been mostly focused on oil and...
Hellenic Shipping News · 11:00 UTC
- 43% of shoppers plan to spend more this peak, Kenco finds
Kenco's 2026 Peak Season Consumer Report shows holiday budgets rising, with consumers expecting free shipping, two-day delivery and free returns on top The post 43% of shoppers plan to spend more this peak, Kenco finds...
FreightWaves · 11:00 UTC
- CPKC reports record revenue on strength of grain and intermodal traffic
CPKC turned in record 3Q revenue as the railway set records for domestic and international intermodal volumes, as well as for grain. The post CPKC reports record revenue on strength of grain and intermodal traffic...
FreightWaves · 10:03 UTC
- Freightos Weekly Update: Union approves LA/Long Beach port strike; container rates still under pressure
The container carrier march back through the Red Sea continues, with Alphaliner estimating nearly two-thirds of total Asia – Europe capacity is now restored. Especially of note is Israeli carrier ZIM’s...
Container News · 10:00 UTC
Earlier: 2026-10-28 (28 October 2026) · Later: 2026-10-30 (30 October 2026)