Search

Find reporting by keyword, section, company or publication date.

57 results

Search results

TGS secures encore for giant seismic campaign off Indonesia’s coast
EnergyIndustry news

TGS secures encore for giant seismic campaign off Indonesia’s coast

Norwegian energy data and intelligence company TGS is staying longer on a seismic acquisition campaign off the coast of Indonesia, which extends work aboard its 2008-built vessel and reinforces the company’s revenue visibility. The post TGS secures encore for giant seismic campaign off Indonesia’s coast appeared first on Offshore Energy .

Editorial Desk

Container port congestion smashes covid-era record

Container port congestion smashes covid-era record

Global container port congestion has climbed beyond the levels recorded during the Covid era, removing more than 4.3m teu of capacity from circulation and helping keep freight and charter rates elevated. Data from Linerlytica shows 4.3m teu is now waiting to berth at container ports worldwide, surpassing the previous absolute peak of 4m teu recorded …

Editorial Desk

TGS extends seismic programme offshore Indonesia

TGS extends seismic programme offshore Indonesia

Oslo-listed seismic specialist TGS has been awarded a one-month extension to the largest seismic streamer acquisition contract offshore Indonesia. The extension will begin in August and utilise the Ramform Sovereign vessel and the company’s GeoStreamer technology. “The project further strengthens revenue visibility while enabling us to deliver high-quality seismic data with industry-leading acquisition efficiency,” said …

Editorial Desk

Broker RXO sees TL spot rate surge extend into Q3
Commodity BrokersIndustry news

Broker RXO sees TL spot rate surge extend into Q3

Freight broker RXO said Tuesday that its truckload spot rate index recorded its biggest sequential gain in five years during the second quarter. The dataset, which tracks linehaul rates excluding fuel surcharges, has continued to step higher in the third quarter. “The index has not experienced this level of rate inflation since pandemic-era surges, with the second quarter hitting both the highest year-over-year reading and largest sequential increase since the second quarter of 2021,” the report said. RXO’s ( NYSE: RXO ) Curve Report showed second-quarter spot rates were up 32.4% y/y, an accel

Editorial Desk

The Race to Power AI Is Reviving America's Nuclear Ambitions
EnergyIndustry news

The Race to Power AI Is Reviving America's Nuclear Ambitions

The artificial intelligence boom is supercharging the development of next-gen nuclear energy technology. Big Tech and private equity are catalyzing the research and development of cutting-edge approaches to round-the-clock clean energy production as hyperscalers add power-hungry data centers to the grid at a blistering rate. “A single hyperscale data center can consume as much electricity as 50,000 homes,” writes the MIT Energy Initiative. “U.S. data centers consumed more than 4% of the country’s total electricity…

Editorial Desk

Gatik raises $200M to scale driverless freight to thousands

Gatik raises $200M to scale driverless freight to thousands

Gatik announced Tuesday it raised $200 million in a Series D round led by Qatar Investment Authority and Koch Disruptive Technologies. Millennium Management, ARK Invest and Intact Private Capital also joined the round. The money will support expansion of Gatik’s driverless freight operations from the dozens of trucks today to thousands in the years ahead. Gatik has completed 85,000 fully driverless orders. The company reports more than $600 million in contracted revenue and 99% on-time delivery across operations in Texas, Arizona, Arkansas and Canada. “This round, led by some of the world’s le

Editorial Desk

Freight Pricing: Who REALLY Holds the Power?

Freight Pricing: Who REALLY Holds the Power?

#fwtv_9hb163Wep7A .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_9hb163Wep7A .fwtv-panel p{margin:0 0 12px}#fwtv_9hb163Wep7A .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Tabi’s Rush Feldhacker breaks down who currently holds the pricing power in the unpredictable freight market using their new Pricing Pressure Index. Learn how brokers are leveraging data to make smarter spot rate decisions, and why shippers are feeling the market shift later than expected. Discover the latest trends and what to

Editorial Desk

BMO Trucking Credit: The END of Transparent Data? | FreightWaves

BMO Trucking Credit: The END of Transparent Data? | FreightWaves

#fwtv_q6TlMLWRgaI .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_q6TlMLWRgaI .fwtv-panel p{margin:0 0 12px}#fwtv_q6TlMLWRgaI .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The trucking industry is losing a critical source of credit insight as BMO sells its transportation finance unit. FreightWaves’ John Kingston, who pioneered tracking BMO’s unique data, reveals how trucking credit quality is finally strengthening just as this transparent data source disappears. He also dives into rising diesel p

Editorial Desk

New return: Another container line is back in the Red Sea

New return: Another container line is back in the Red Sea

While unfounded fears of higher tariffs helped drive what amounted to unexpected demand by anxious shippers this summer, other assorted geopolitical intrigue is keeping the container market on edge. Asia-U.S. West Coast prices increased 1% to $6,826 per forty foot equivalent unit (FEU), according to the latest Baltic Index from SONAR data contributor Freightos. Asia-U.S. East Coast prices were 2% higher, at $9,576 per FEU. Events that could pressure container traffic on the trans-Pacific are being closely watched. The United States is trying to tighten economic sanctions on countries doing bus

Editorial Desk

A newcomer to Roadcheck driver violations top 5: speaking English

A newcomer to Roadcheck driver violations top 5: speaking English

Looking over the statistics released by the Commercial Vehicle Safety Association (CVSA) on May’s International Roadcheck Week , the data looks pretty much like that of Roadcheck Week 2025. With one big exception: English language proficiency (ELP). That category of driver violation last year was not in the top 5 of reasons why a driver was given an Out of Service (OOS) order (as opposed to an OOS order for a vehicle violation). window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[300, 100], [3

Editorial Desk

In-Depth Suezmax Study Makes Capex Case For T-Boss® Sterntubeless Shaftline System

In-Depth Suezmax Study Makes Capex Case For T-Boss® Sterntubeless Shaftline System

An in-depth evaluation study based on reference data from a Suezmax crude oil tanker has demonstrated the benefits of using Thordon Bearings’ innovative T-BOSS® shaftline solution instead of a conventional oil lubricated sterntube system. The comprehensive study assessed the CAPEX for a sterntubeless T-BOSS® (Thordon – Blue Ocean Stern Space) system installed on a 274m ...

Editorial Desk

Global Ethanol Association and DNV Launch Three-Year Ethanol Data Intelligence Partnership

Global Ethanol Association and DNV Launch Three-Year Ethanol Data Intelligence Partnership

The Global Ethanol Association (GEA) and DNV are pleased to announce the launch of a three-year Ethanol Data Intelligence Partnership, marking an important expansion of their activities in ethanol research and data intelligence. The collaboration will support the development of a structured global ethanol database together with ongoing research, data maintenance and regular updates throughout ...

Editorial Desk

Why Maritime Operations Centers Need Fusion, Not Another Data Feed

Why Maritime Operations Centers Need Fusion, Not Another Data Feed

The Constraint Isn’t Data, It’s Fusion MOCs receive multi-sensor data at volumes the operational teams inside them cannot fully process, cross-reference, or turn into decision-relevant intelligence at the pace commanders require. The constraint on decision advantage is not the size of the incoming data pipeline. It is the fusion layer that turns that pipeline into ...

Editorial Desk

Iran’s bottleneck is Hormuz, not the buyer

Iran’s bottleneck is Hormuz, not the buyer

The Iranian crude that reached Asia is being taken. The crude that has not reached it is standing at the strait and behind it, and there is nearly twice as much of that. AXSMarine · Data to 15 August 2026 · All volumes million barrels Iranian crude sitting in Asian waters peaked at 44.4 million ...

Editorial Desk

LNG Shipping: Pacific LNG Trade on the Rise

LNG Shipping: Pacific LNG Trade on the Rise

The LNG shipping market is witnessing the emergence of Mexico’s LNG export corridor, underlying the growing influence of the Pacific LNG trade. In its latest weekly report, shipbroker Intermodal said that “amid broader uncertainty in the LNG market, the outlook is being shaped by disruptions to Middle Eastern flows, an uncertain Qatari recovery, and Europe’s ...

Editorial Desk

Descartes acquires Tai for $100M

Descartes acquires Tai for $100M

Descartes Systems Group announced Monday that it has acquired Tai, a TMS provider for freight brokers, for $100 million. The deal was funded with cash on hand. California-based Tai’s AI-powered platform oversees the entire shipment lifecycle, including quoting, sourcing, execution and invoicing. The TMS primarily executes truckload, less-than-truckload, drayage and cross-border shipments. “The acquisition expands our transportation management capabilities for freight brokers and adds valuable transaction, carrier and shipment execution data to the Descartes Global Logistics NetworkTM,” said An

Editorial Desk

NBC 15: Fight over ‘data centers shifts into overdrive’ as midterms get closer

NBC 15: Fight over ‘data centers shifts into overdrive’ as midterms get closer

NBC 15 reports: Backlash over data centers has become a central issue in the upcoming midterms as Americans on both sides of the aisle are becoming more resistant to having them built in their communities, pushing candidates to stake positions on how to handle them. As the artificial intelligence industry plans billions of dollars’ worth of investments to ramp up construction of data centers to power the technology, it is running into mounting resistance ... The post NBC 15: Fight over ‘data centers shifts into overdrive’ as midterms get closer appeared first on The Loadstar .

Editorial Desk

BREAKING: States score win in fight over federal access to CDL driver database

BREAKING: States score win in fight over federal access to CDL driver database

A coalition of states scored another legal victory Thursday when a federal judge granted a temporary restraining order blocking the Trump administration from obtaining state-owned records containing personal information on millions of commercial driver’s license holders. U.S. District Judge Anthony J. Trenga granted the states’ request for a temporary restraining order following a hearing Thursday in the U.S. District Court for the Eastern District of Virginia. The ruling prevents the federal government from obtaining the plaintiff states’ records from the Commercial Driver’s License Informati

Editorial Desk

Chris Spear departing as head of American Trucking Associations

Chris Spear departing as head of American Trucking Associations

(Editor’s note: story has new information from its original publication). Chris Spear is out as the president and CEO of the American Trucking Associations. In a letter sent to members Friday, signed by ATA chairman Greg Hodgen, CEO of Groendyke Transport, said Spear’s “tenure as president and CEO has concluded, effective today.” While there was no indication in the letter whether Spear had decided to leave his position on his own or whether the ATA chose to have him depart, a statement released Friday afternoon by ATA said Spear had told the organization he was leaving. “Chris Spear informed

Editorial Desk

Duration of power outages in Puerto Rico not caused by major events increased 19% in 2025
EnergyIndustry news

Duration of power outages in Puerto Rico not caused by major events increased 19% in 2025

In 2025, customers in Puerto Rico experienced an average of 36 hours of power interruptions that were not caused by major events such as hurricanes, 19% more than in 2024. On average, between 2021 and 2025, Puerto Rican customers experience 29 hours of power loss each year. By comparison, electricity customers in the mainland United States generally experience about two hours of electricity interruptions per year without major events.

Editorial Desk

OIL100TINYTRADE FLOW INSIGHT

🚢 Oil is up 100% in 2026 but this tiny tanker ETF, called BWET, has surged a staggering 863% ⚓ BWET tracks crude oil shipping rates, which have exploded as the US-Iran war disrupts the Strait of Hormuz Hormaz Fatakia digs in deeper #BWET #TankerETF #

🚢 Oil is up 100% in 2026 but this tiny tanker ETF, called BWET, has surged a staggering 863% ⚓ BWET tracks crude oil shipping rates, which have exploded as the US-Iran war disrupts the Strait of Hormuz Hormaz Fatakia digs in deeper #BWET #TankerETF # LinkedIn

Editorial Desk