AGP Executive Report
Last update: 11 hours agoAutonomous Freight: Waabi and Warrior Logistics have begun moving regular customer shipments by self-driving trucks between Dallas and Houston, adding capacity on a key Texas corridor while operating alongside human drivers. Fuel Costs: Tropical Shipping will raise bunker surcharges on U.S. and Canada routes to the Bahamas by 11.1% from Nov. 8, increasing costs for dry and refrigerated cargo. East Africa Network: Hapag-Lloyd plans to strengthen services through Mombasa, a gateway for cargo bound for inland East African markets. Shipping Risk: Iran has stepped up surveillance and attacks around the Strait of Hormuz as oil flows fall, adding uncertainty for carriers and energy trade. Trade Infrastructure: Cameroon secured $238 million to upgrade the Douala–Bafoussam corridor, linking its main port with agricultural regions and landlocked neighbors. Arctic Route: South Korea’s first commercial round trip to Europe via the Arctic has renewed interest in the Northern Sea Route, though Seoul says it will proceed cautiously and follow international rules.
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