Shipping & Logistics Newswire

Rad Power’s space-saving RadExpand 5 and cargo-hauling RadWagon 4 e-bikes now $300 off starting from $1,299

Running alongside the continued low prices on Rad Power’s RadRunner series of e-bikes, the brand has also switched around its other sale offers, with $300 taken off two of its other e-bike models alongside a $100 discount on a 14Ah semi-integrated battery …

Swire Shipping Switches to Biofuels on South Pacific Routes

Three of its vessels will bunker B24 in Singapore in Q2 before switching to B30 biofuel blend. Image Credit: Swire Shipping Singapore-based Swire Shipping has announced that three of its vessels operating in the South Pacific have begun using B24 and B30  …

Transnet Freight Rail 1 064 locomotives acquisition programme, South Africa – update

Name of the Project Transnet Freight Rail (TFR) 1 064 locomotives acquisition programme. Location South Africa. Project Owner/s TFR. Project Description The project involves the acquisition of 1 064 locomotives – 599 electric and 465 diesel – for TFR…

Cargolux delivers record 2024 profits amid E-commerce surge and geopolitical challenges

Cargolux has reported exceptional financial results for 2024, posting a net profit of US$448 million on revenues of US$3.3 billion, making it the strongest non-COVID year in the company’s history. CEO Richard Forson credited the performance to the company’ …

New shipping line connects Benghazi with China and UAE

A new maritime shipping route linking Benghazi Port with major ports in China and the United Arab Emirates has been inaugurated, in what officials are calling a major step towards positioning Libya as a regional logistics hub. The launch took place at the …

2025 NFL Draft: Grab the official Cleveland Browns draft gear with free shipping

The 2025 NFL Draft is here, as the first round will kick off on Thursday night. The Cleveland Browns are slated to pick at No.2 overall, barring any trades. There’s been plenty of speculation of who the Browns will select, the top two choices being either …

USTR Announces Action to Restore American Shipbuilding

Earlier this week, the Office of the U.S. Trade Representative took targeted action to restore American shipbuilding and address China’s efforts to dominate maritime, logistics, and shipbuilding sectors.  These actions come after a year-long Section 301 …

Ukrainian railways expects freight tariff increase soon

KYIV: Ukraine's state rail company expects the government to increase freight transport tariffs soon, despite opposition from farmers and steelmakers, a senior company official said on Thursday. Ukrzaliznytsia said last year it wanted to raise freight …

Covenant Logistics predicts ‘delay’ in improved freight market

Officials at Covenant Logistics Group said uncertainty brought on by evolving U.S. trade policies could delay a long-awaited recovery to the trucking industry. Chattanooga, Tennessee-based Covenant (NASDAQ: CVLG) reported first quarter-earnings after the …

Trade war puts the brakes on TFI trucking expansion plans, as cargo volume sags

MONTREAL — Tariff angst has forced TFI International Inc. to back off big acquisitions as the trucking industry confronts lower cargo volumes, its CEO said Thursday. "We have one transaction that we really liked, but because of all this uncertainty on …

Cargo Drone Market to Hit USD 60.42 Billion by 2034, Surging at 27.8% CAGR Fueled by E-Commerce Boom

Cargo Drone Market, By Drone Type, By Load Capacity, By Application, By Technology, By End User NEW YORK, NY, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- The global Cargo Drone Market is poised for unprecedented growth, with projections …

Thursday, April 24, 2025 Shipping Announcements

X-Cape 700 arrives with more power to shake up the midweight moto segment

The middleweight adventure motorcycle segment is filled right to the brim with one capable offering after another. To create a solid fanbase in a stuffed market isn’t easy. Moto Morini said yes to that challenge, and what we have here is its bravest …

Dark Matter: An 86-lb, 800-hp EV motor by Koenigsegg

There's no replacement for displacement. An adage that's been around as long as the combustion engine, really. But these age-old sayings don't really apply anymore when it comes to electric motors. Earlier this year, we talked about Koenigsegg…

Saudia Cargo and China Cargo Airlines Forge Strategic Alliance to Boost Trade

Amidst evolving global trade dynamics, Saudia Cargo and China Cargo Airlines signed a Memorandum of Understanding (MoU) at the World Cargo Symposium, forging a strategic alliance to enhance trade between Saudi Arabia and China. The partnership aims to …

Air India gets good distribution practices certification for cargo business

Air India on Thursday said it has received the Good Distribution Practices (GDP) certification for its cargo business for excellence in handling, storage and transportation of time and temperature-sensitive pharmaceutical shipments. The certification has …

'Decoding Maritime Emissions': Trade Tensions and Environmental Pressures Reshape Shipping in Q1 2025

VesselBot's Q1 2025 analysis reveals 19.38% maritime emissions increase despite efficiency gains, as geopolitical tensions reshape global shipping patterns. ATHENS, GREECE, April 24, 2025 /⁨EINPresswire.com⁩/ -- In its latest quarterly analysis titled …

Udupi CSL deliver first cargo ship to Norwegian company

Wilson Eco 1 is constructed as an environmental-friendly diesel electric vessel and is also ready for upgradation by installation of wind foil units and battery hybrid systems Udupi Cochin Shipyard Ltd (Udupi-CSL), a wholly owned subsidiary of Cochin …

Ditch the Spreadsheets: How Rate Engines Save Freight Teams

In the fast-paced world of modern transportation, where margins are razor-thin and speed is king, the ability to determine freight rates accurately and efficiently is no longer a luxury but a necessity. Gone are the days of manual spreadsheets and lengthy …

DEXA Unveils New Logo and Brand Identity Reflecting Airline Status and Innovation in Autonomous Delivery

DAYTON, OH, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- DEXA (Drone Express), a leader in autonomous drone delivery, today announced the launch of a bold new brand identity that reflects the company’s evolution into a certified U.S. air …

Kardex Releases 5th Anniversary Edition of Its Most Downloaded Warehouse Optimization Guide

The 5th Anniversary edition of “55 Best Warehouse Practices” offers fresh insights for warehouse leaders facing modern-day challenges. WESTBROOK, ME, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Kardex Remstar, a global leader in dynamic storage …

MOL Group signs offtake deal to purchase 10,000 tonnes of CDR credits from Alt Carbon

Mitsui O.S.K. Lines, Ltd (MOL) and Alt Carbon, a Carbon Dioxide Removal (CDR) company, announced a landmark deal to permanently remove 10,000 tons of co2 SAN FRANCISCO, CA, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Mitsui O.S.K. Lines, …

Dimerco’s May Freight Report Highlights Trade Realignments, Air Capacity Shifts, and Ongoing Tariff Uncertainty

Dimerco’s May report reveals how tariffs, shifting trade routes, and capacity cuts are reshaping global freight flows and logistics strategies. TAIPEI, TAIWAN, April 25, 2025 /⁨EINPresswire.com⁩/ -- The May 2025 edition of Dimerco Express Group’s Asia- …

Okeanis Eco Tankers Corp. – Announcement of 2025 Annual Meeting of Shareholders

ATHENS, Greece, April 25, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has scheduled its Annual Meeting of Shareholders for May 30, 2025, at 11:00 a.m. Greek time (the “Annual …

Navios Maritime Partners L.P. Announces Cash Distribution of $0.05 per Unit

PIRAEUS, Greece, April 25, 2025 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE:NMM) announced today that its Board of Directors has declared a cash distribution of $0.05 per unit for the quarter ended March 31, 2025. This …

Billor Expands Network With New Delivery Center in Jacksonville, FL

JACKSONVILLE, Fla., April 25, 2025 (GLOBE NEWSWIRE) -- Billor, committed to empowering truck drivers to achieve the American Dream through entrepreneurship, today announced the opening of its new Delivery Center in Jacksonville, FL. This important …

Landstar System to Release First Quarter Results on Tuesday, May 13, 2025

JACKSONVILLE, Fla., April 25, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) announced today that it has rescheduled its 2025 first quarter earnings release and conference call with analysts and investors for …

Freight Technologies Integrates with Blue Yonder TMS Through Bayer to Optimize Supply Chain Efficiency

HOUSTON, April 25, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, is pleased to announce its integration with supply chain management company Blue Yonder’s …

Saia Reports First Quarter Results

JOHNS CREEK, Ga., April 25, 2025 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported first quarter 2025 …

BingEx Limited Files Its 2024 Annual Report on Form 20-F

BEIJING, April 25, 2025 (GLOBE NEWSWIRE) -- BingEx Limited (the “Company”) (Nasdaq: FLX), a leading on-demand dedicated courier service provider in China (branded as “FlashEx”), today announced that it filed its annual report on Form 20-F for the fiscal …

Apex Forklift Celebrates 10 Years of Excellence in Forklift Sales, Rentals, and Repairs in Miami

Apex Forklift marks 10 years of top forklift sales, rentals, and repairs in Miami, celebrating with special promotions. MIAMI, FL, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- Apex Forklift, a leading provider of forklift solutions in …

Midwest NDIA Compliance Conference to be held May 14, 2025, in Brookfield, WI

Navigating Compliance Risks to Drive Strategic Advantage Conference offers a unique opportunity to gain critical insights into navigating these complexities. BROOKFIELD, WI, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- The National Defense …

'Decoding Maritime Emissions': Trade Tensions and Environmental Pressures Reshape Shipping in Q1 2025

VesselBot's Q1 2025 analysis reveals 19.38% maritime emissions increase despite efficiency gains, as geopolitical tensions reshape global shipping patterns. ATHENS, GREECE, April 24, 2025 /⁨EINPresswire.com⁩/ -- In its latest quarterly analysis titled …

Small Businesses Shift How They Fund Growth

With bank lending tight and payment cycles long, small businesses are increasingly using factoring to access capital and stay in control of their growth. EL PASO, TX, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- Leading invoice funding …

Data & Security at AccuSourceHR

PHOENIX, AZ, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- In April 2024, a major employment screening company suffered a cyberattack that exposed the personal data of more than 3.3 million people. Information like Social Security numbers, …

Plus Packaging Acquires APSTape to Expand Custom Tape Offering

More custom tape options, faster turnaround, and the same trusted service — now under one roof. MADISON, NJ, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- Plus Packaging, a US-based leader in custom packaging solutions, has officially acquired …

Minutes, Not Days: How ScheduleAI Is Redefining Audit Planning in the Certification & Inspection Industry

AI scheduling tool slashes planning time while improving efficiency in Testing, Inspection and Certification. LONDON, UNITED KINGDOM, April 24, 2025 /⁨EINPresswire.com⁩/ -- The Testing Inspection and Certification industry faces mounting pressure …

Trademo Offers Free Tariffs Comparison and Landed Cost Calculator Tool - Access Now

Trademo unveils a free tool that allows trade professionals to verify tariffs and accurately calculate landed costs. Try it free until April 30, 2025. PALO ALTO, CA, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- Trademo, a global leader in supply …

Cofactr Prepares U.S. Manufacturers to Navigate New Tariffs with Automated Documentation and Compliance Management

Supply Chain Management Platform Tracks Millions of Moving Components So Manufacturers Can Accurately Classify Products, Calculate Tariffs and Maintain Records NEW YORK, NY, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- Cofactr, a source- …