HMM eyes hub-and spoke model as it expands feeder fleet

ID 260417109 | Ship © Office2005 | Dreamstime.com 10/06/2026 South Korean flagship carrier HMM wants to rebuild its intra-Asia shipping business, and is expanding its feeder fleet to pursue volumes. When long-haul container freight rates peaked during Covid, HMM shifted a large portion of its shipping capacity from the China-South-east Asia trades to the transpacific […]

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China Begins Tapping Oil Stockpiles as Middle East Crisis Drags On

China began tapping its huge oil reserves in May, three months after the Middle East conflict wiped out about a tenth of global supply, in a sign that Beijing is still refraining from paying top-dollar for prompt crude deliveries. Over the next few months, China is expected to draw an average of about 1 million

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JNPA grants ground rent relief as truck shortages clog box flows

© Dvd Fotos 10/06/2026 Indian shippers using container terminals at Nhava Port (JNPA) have won some respite from penalties on containers they had been unable to evacuate on time, due to recent truck capacity shortages and yard congestion. JNPA has agreed to grant a flat 50% waiver on ground rent charges for import containers that

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Why Europe has the dream, but struggles to build freight-tech giants

© Lightkeeper 10/06/2026 Europe may have produced some of freight tech’s most ambitious start-ups, but building them into global giants remains a difficult challenge. For David Nothacker, chief executive of German digital forwarding platform Sennder, the issue is not a lack of ideas, founders, or early-stage capital. It is what happens when those companies need

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Expeditors finally used the ‘L-word’ – the best thing it has done in years

ID 124609940 © Chase4concept | Dreamstime.com 10/06/2026 On Monday afternoon, some 230 software developers, QA testers, project managers, and business analysts across five Expeditors offices in Washington State were called into meetings and told their positions were being eliminated. The layoffs hit Expeditors’ Global Technology Department across offices in downtown Seattle, Bellevue, Lynnwood, Federal Way,

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Alberta Eyes General Corridor for New Pacific Oil Pipeline

Alberta is more likely to propose a “general corridor” rather than a specific route for the new 1 million-barrels-per-day oil pipeline to the British Columbia coast that’s expected to receive federal government approval as a project of national interest. Canada’s oil heartland, Alberta, has been seeking to advance the new pipeline for months, but it

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CrowdStrike: ‘China steals AI capabilities it can’t build’

ID 145690361 © Solarseven | Dreamstime.com 10/06/2026 Related Stories Topics X Sign-In Here For uninterrupted access, sign in or sign up to The Daily News, Premium or The Loadstar Enterprise Plan. Username or Email Password Forgotten your password? Remember me on this device X Search Go to advanced search → This site uses cookies and

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Weir wins major contract to supply WARMAN® pumps for high-altitude Xizang copper mine expansion in China

Published by Jody Dodgson, Editorial Assistant Global Mining Review, Wednesday, 10 June 2026 09:00 Advertisement Weir, a mining technology company, has secured a multimillion-dollar contract in quarter two with a major Chinese non-ferrous metals company to supply WARMAN® pumps for the Phase III expansion

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U.S. Company to Send 250,000 Barrels of Fuel to Cuba

An American company is preparing to send a cargo of diesel and gasoline to Cuba in what, if successful, would be the biggest U.S. shipment of fuel to the island nation since the start of the U.S. embargo, Bloomberg reported. Florida-based Vanguard Energy is already exporting gasoline and diesel to Cuba—exclusively working with private buyers.

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U.S. to Release LNG and LPG Reserves to ASEAN Countries

The United States will release liquefied natural gas and liquefied petroleum gas from its strategic reserves to sell to ASEAN members, Deputy Secretary of State Christopher Landau said today at an ASEAN event in Vietnam. “The current energy crisis has clearly outlined the need for countries to diversify energy resources, and the United States wants

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