dry bulk carrier

Canadian bulk carrier Trimac Transportation announced late Monday the acquisition of Southern California cement hauler Double Eagle Transportation. Based in Hesperia, California, family-owned Double Eagle operates a fleet of 96 tractors and 124 dry bulk pneumatic trailers. With 132 employees, 105...

Chalk up yet another record for ocean shipping. More vessels traded hands in the first half of this year than in any other six-month stretch — yet another industry signal that's flashing green. It's not just container ships. An exceptionally high number of tankers and bulkers were sold as well....

BulkLoads.com, the online load board to match truck capacity to haulers needing to move bulk commodities like grains, has signed a deal to have its transportation management system (TMS) built into a third-party platform. Jared Finn, the operating partner with BulkLoads, said his service will be...

Bulk terminal and logistics services company Enstructure has acquired Ambassador Services' marine terminal operation at Florida's Port Canaveral. Financial terms of the deal were not disclosed, but Enstructure said it will retain Brian Hubert as president and rename the terminal Ambassador...

Dry bulk is the world's largest ocean shipping sector by volume, and the most important dry bulk trade lane is Brazil-to-China iron ore, driven by the production of Brazilian miner Vale (NYSE: VALE). Toward the end of what has already been a roller-coaster year, Vale has announced yet another...

Cash flow – the life blood of a trucking operation – is under more pressure than ever as shippers continue to push out pay dates to their brokers, giving brokers limited options other than to do the same to their carrier partners. That pressure is felt more acutely by the 80 to 85...

Scorpio Bulkers (NYSE: SALT) has reported better-than-expected first quarter results as it steered largely clear of the rate carnage in the larger vessel classes and benefited from its stake in Scorpio Tankers (NYSE: STNG). Scorpio Bulkers reported a net loss of $3.5 million, or $0.05 per share,...

The loss of lives due to a dam collapse in Brazil is by far its greatest cost, but the incident's economic costs are also in focus as it reshapes one of the biggest trades in the maritime industry. The death toll reached 65 this week with another 300 still missing after mud and water swept...

Shares of DryShips Inc. (NASDAQ: DRYS) were trading lower by more than 15 percent Monday morning after the global shipping transportation company announced a new stock purchase agreement and acquisition announcement. DryShips said in a press release it reached an agreement with Kalani Investments...