bulk News Updates

The Baltic Dry Index rose 5.5% to 3,331 points, touching the highest since December 2023, driven by a rise in the constituent Capesize rate that surged over 8%. 

Trimac Transportation acquired food-grade bulk carrier California Freight for an undisclosed sum, its second acquisition in the Golden State in two years.

While market conditions have begun to improve in 2026, the largest carriers across many trucking segments reported largely mixed revenue results for 2025.

Page Trucking will acquire Goulet Trucking in a move that positions the combined operations among North America’s largest specialized bulk haulers.

Missouri Gov. Mike Kehoe welcomed a $31 million expansion by a unit of Schütz Container Systems in an investment targeting Midwest customers by the maker of intermediate bulk containers.

Federal lawmakers introduced a bipartisan bill June 18 that would give dry bulk haulers a 10% axle weight variance, aiming to ease penalties tied to load shifting during transport.

North Canton, Ohio-based KAG has expanded its dry bulk transportation services with two acquisitions, strengthening its logistics capabilities across North America.

Kenan Advantage Group has acquired Idaho Milk Transport, the company announced Oct. 11. The deal expands KAG's reach in the Pacific Northwest. 

A slowdown in China’s steel production is curbing demand for bulk ships to transport iron ore, driving a steady decline in global freight rates from October’s peak.

Xcel Bulk Logistics announced that it has acquired the 1845 Commercial Bulk Division.