ANNAPOLIS, Md. — Lt. Gen. Michael Borgschulte became the first Marine Corps officer to be superintendent of the U.S. Naval Academy in its 180-year history on Friday. Borgschulte was deputy commandant for Manpower and Reserve Affairs in Quantico, Virginia, before being nominated to be the 66th superintendent of the military academy in Annapolis. Borgschulte, who… Read More
An explosion aboard a cargo vessel near the site of the collapsed Francis Scott Key Bridge late Monday is under investigation, Baltimore and federal officials said. Part of a Liberian cargo vessel exploded, causing a fire in a portion of the ship that was located south of Fort Carroll, according to Baltimore City Fire Department…. Read More
Global logistics industry veteran Dexter Salenda has joined Ports of Indiana as the organization’s first Foreign Trade and Economic Development Director. This position was created to expand Ports of Indiana’s Foreign-Trade Zone program and offer new services for companies dealing with challenges related to international trade and tariffs, supporting Indiana’s economic growth. Salenda brings nearly… Read More
The Pasha Group, together with The Northwest Seaport Alliance (NWSA), today announced Pasha Logistics LLC’s acquisition of certain assets of MacMillan-Piper LLC and Tacoma Transload LLC. The expansion follows the successful completion of an asset purchase agreement with the court-appointed Receiver for GSC Enterprises, Inc., which included certain assets of MacMillan-Piper LLC—one of the most… Read More
Baton Rouge, LA – The Louisiana Coastal Protection and Restoration Authority (CPRA), the Louisiana Department of Wildlife and Fisheries (LDWF), and the U.S. Fish and Wildlife Service (USFWS) are utilizing a $25,000 grant from Shell to conduct sea turtle nesting surveys on the Chandeleur Islands for the fourth consecutive year. Thanks to the collaborative effort,… Read More
Out of 575,000 InEight users worldwide, only 12 were chosen, and two of them are from Orion! 🔷 Kevin Peters and Brittany Dodson have been named Founding Members of the new InEight Online Community, an exclusive group shaping its direction, connecting with industry leaders, and sharing insights that advance the construction field. This honor reflects… Read More
GoodShip, a software startup that helps companies manage shipping logistics data, raised $25 million and announced plans for a new office in Bellevue, Wash. Founded in 2022, the company’s software serves as a hub for finance, procurement, carrier management, analytics, and other data related to shipping goods across the country. GoodShip has a few dozen… Read More
Moyock, NC and Fort Lauderdale, FL, August 6, 2025: Coastal Veterans Repair Group LLC (www.coastalveterans.com), a veteran-owned ship repair and marine services firm headquartered in North Carolina, is pleased to announce the acquisition of Voyager Maritime Alliance Group (https://vmagyachts.com), a leading provider of marine electronics, systems integration, and vessel support services based in Fort Lauderdale, Florida. This… Read More
Crowley has announced key leadership appointments that will continue to strengthen it as a leader in advanced energy transportation and microgrid development sectors in the U.S. and across the Americas. Jackie Gonsalez has been named vice president of advanced energy in the company’s Shipping business unit. In this role, Gonsalez will lead Crowley’s strategic initiatives… Read More
Crowley’s latest Avance Class ship, Torogoz, began its inaugural commercial service on Tuesday, departing from Port Everglades, Florida, to serve Central America. The vessel’s commencement is a capstone on the company’s initiation of the four-vessel, Avance Class containership fleet. With a capacity of 1,400 TEUs (20-foot equivalent units), including 300 refrigerated containers, the ship is… Read More
HOUSTON – SEACOR Marine Holdings Inc. (NYSE:SMHI) announced Thursday it has entered into definitive agreements to sell two 335-foot class liftboats to JAD Construction Limited for $76 million in cash, with an estimated gain of $30.5 million on the transaction. The sale represents half of the company’s current market capitalization of $153 million, according to InvestingPro data…. Read More
As we move into the second half of the year, supply chains remain in a state of adjustment. Peak season volumes continue to drive demand, but we’re also seeing growing interest in flexible routing, inventory positioning, and digital integration as businesses respond to changing trade policies and regional capacity shifts. In this month’s update, you’ll… Read More
Gxo Logistics Inc ( (GXO) ) has released its Q2 earnings. Here is a breakdown of the information Gxo Logistics Inc presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. GXO Logistics, Inc., the world’s largest… Read More
The Port of South Louisiana today announced the resignation of Executive Director Paul Matthews, who has led the Port since January 2022. Matthews is stepping down to pursue new professional endeavors after a tenure marked by record-breaking growth and strategic expansion. Under Matthews’ leadership, the Port reversed a seven-year decline in tonnage, achieving consecutive years… Read More
Pangaea Logistics Solutions (NASDAQ:PANL) Second Quarter 2025 Results Key Financial Results Revenue: US$156.7m (up 19% from 2Q 2024). Net loss: US$2.74m (down by 175% from US$3.68m profit in 2Q 2024). US$0.043 loss per share (down from US$0.081 profit in 2Q 2024). Pangaea Logistics Solutions Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by… Read More