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Update: Crew Rescued After Ship With Cargo of Baking Soda Sinks off Greece
May 6 2026 // Greece has rescued all nine crew members of a cargo ship that hit rocks and sank off the South Aegean island of Andros early on Wednesday, a coast guard official said. The Vanuatu-flagged freighter, with a crew of one...
Baltic Exchange Denies Mercuria’s Allegations Over Hormuz Freight Losses
May 4 2026 // The Baltic Exchange, the world’s top provider of benchmark shipping indices, has denied allegations from Mercuria that some of its oil tanker pricing data caused losses at the commodity trader. In a court filing...
Trader Mercuria Sues Baltic Exchange Over Hormuz Freight Losses, Court Filing Shows
May 1 2026 // Commodity trader Mercuria is suing the Baltic Exchange, the world’s top provider of benchmark shipping indices, over losses it said were caused by oil tanker pricing data that did not account for the effective...
Cargo Theft Down for Quarter, But Criminals Are Getting More Savvy
Apr 28 2026 // A new report shows 767 supply chain crime events across the U.S. and Canada in the first quarter of the year, down 5.3% from the same period a year ago and down 12.2% the fourth quarter of 2025. However, a Verisk CargoNet...
New York to Lose $74 Million Over 33,000 Licenses for Immigrant Truckers
Apr 24 2026 // New York will lose more than $73.5 million in federal money because the Transportation Department said last week that state has refused to revoke nearly 33,000 questionable commercial driver’s licenses for immigrants...
People Moves: Howden Hires Thomas to Lead Trucking Specialty Practice; Cottle to Head Clyde & Co Regulatory and Investigations
Apr 20 2026 // Howden, the global insurance broker, hired Patrick Thomas as Howden U.S. managing director within the company’s trucking specialty vertical. Thomas leads Howden’s U.S. trucking strategy, overseeing the...
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