October 2, 2024
Crawford & Company is launching a Logistics, Transportation, and Freight services division that the company says is aimed at enhancing supply chain efficiency for businesses across the region. It will combine state-of-the-art technology and industry knowledge with this new service …
September 20, 2024
The U.S. has warned its allies that Russia is targeting cargo shipping companies as it seeks to disrupt Ukraine’s partners, according to people familiar with the matter. While Russia has focused cyberattacks and other so-called hybrid actions on shipping firms …
September 18, 2024
The U.S. sued the owner and the operator of a Singapore-flagged ship that rammed into a Baltimore bridge in March, the most aggressive action to date in response to a disaster that killed six workers and threw the region’s transportation …
September 17, 2024
Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers like Russian and Iran, an industry group said. The opaque nature of the ownership of those vessels makes it hard …
August 30, 2024
While workers are taking a break to celebrate a holiday that honors labor, crooks will be laboring to take advantage of that time off. Cargo theft activity typically spikes on the days preceding and following Labor Day weekend, according to …
July 1, 2024
The White House is seeking roughly $4 billion in additional emergency funding from Congress for costs related to the collapse and repair of the Francis Scott Key bridge in Baltimore and to respond to other disasters that have occurred around …
May 2, 2024
Chubb, the insurer of Baltimore’s Francis Scott Key Bridge that collapsed in March, is preparing to make a $350 million payout to the state of Maryland, the Wall Street Journal reported on Thursday. The payment is expected to be authorized …
April 15, 2024
The US has opened a criminal investigation into what occurred on a cargo ship before it crashed into Baltimore’s Francis Scott Key Bridge and caused it to collapse last month, according to a person familiar with the probe. Federal Bureau …
April 11, 2024
Federal investigators looking into what caused a ship to crash into a vital Baltimore bridge last month are honing in on the vessel’s electrical system, US National Transportation Safety Board Chair Jennifer Homendy said Wednesday. The safety board is examining …
April 2, 2024
The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability to about $43.7 million. The company, Grace Ocean, …