New York MTA Awards $1.02 Billion Contract for Second Avenue Subway Phase 2
New York's MTA awarded a $1.02 billion contract for the Second Avenue Subway Phase 2 to a Skanska-Traylor-Walsh joint venture
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New York's MTA awarded a $1.02 billion contract for the Second Avenue Subway Phase 2 to a Skanska-Traylor-Walsh joint venture

Reintjes, a German marine gearbox manufacturer, reported record €138 million revenue in 2025, driven by hybrid and electric propulsion.
Icon Energy has switched its panamax bulker Alfa from an index-linked charter to a fixed-rate deal with a commodity trader.
Shipping industry ESG frameworks are not consistently translating into operational performance, according to a new report
Port Houston reports a 5% rise in vessel activity and 27% tonnage growth in the Houston Ship Channel due to infrastructure upgrades
Many trucking fleets are finding it difficult to fully utilize the vast amounts of data generated by telematics systems

A US Navy blockade halted all Iranian crude oil exports in May, leaving 80 million barrels stranded offshore
Saia has opened new LTL terminals in Marysville, Washington, and Edinburgh, Indiana, to boost route efficiency and service.

A Massachusetts Maritime Academy team won a national competition for electric propulsion systems in maritime applications

Windward appointed retired U.S. Navy Vice Admiral Robert (Bob) Sharp as its Chief Maritime Intelligence Officer

A Dutch national was arrested in the Netherlands in connection with a major Swedish drug trafficking investigation.

German customs intercepted over eight tons of cocaine at Wilhelmshaven, valued at 500 million euros, one of the largest seizures.

McDermott secured a long-term agreement with Saudi Aramco for project management consultancy on major energy and low-carbon projects.
The shipping industry has shown strong adaptability in managing structural and geopolitical challenges to keep cargo moving

Three 40-ton Konecranes gantry cranes are supporting tunnel segment logistics for the Brenner Base Tunnel project.

Pieter Smit Group has acquired 41 new Mercedes-Benz Actros trucks for international entertainment and events logistics.

Industrial production, rather than consumer spending, is now the primary driver of the freight market's recovery.

Dutch Customs seized 17 kg of cannabis from a container at a Clinge business after the company reported suspicious cargo.

AERION unifies ECS Group's commercial operations, integrating Global GSA Group, TCE, and CargoTech for enhanced airline services

Russian President Putin has approved TotalEnergies' sale of its 10% stake in the Arctic LNG 2 project
Heavy-lift stakeholders are calling for a flexible EU alternative fuels policy to avoid operational disruptions for specialized vessels
The Baltic Dry Index fell by 81 points, reaching 3124, indicating a shift in global dry bulk shipping rates.

Bot Auto appoints Brett Suma as President and COO to spearhead the development of its autonomous freight network.

Dirty tanker exports from the Americas reached a record 14.5 million barrels per day in May, driven by the Iran War.

Cargo-Partner expands road freight services across Europe, targeting key trade lanes amidst growing nearshoring demand

Greek tanker owners are positioning vessels near the Persian Gulf, hoping for high rates if the Strait of Hormuz reopens

VIKING Life-Saving Equipment has secured its first orders for the Pentagon Star mass rescue device, enhancing maritime safety
This report provides an overview of the latest time charter rates for both tanker and dry bulk shipping sectors as of June 3

Target's new $367 million food distribution center in Colorado aims to boost in-store food selection and supply chain efficiency
Britain's rail regulator has published an action plan detailing six initiatives for 2026-27 to ensure safe AI adoption.
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