Transportation, Mobility & Logistics

Singapore – October 27, 2026 -- Teekay hosted two interns for 12 weeks through a Maritime and Port Authority of Singapore (MPA) program, and one of them built a machine learning workflow to forecast vessel earnings from voyage, market, bunker, port and utilization data.

Intern deploys fleet procurement website in Singapore

Data analytics student Jonathon Lee worked on procurement and commercial analytics under Yi Chuen Ho, Regional Commercial Operations Manager, and Sajeev Soman, Manager, Procurements & Contracts. He built and deployed a fleet procurement website end to end, with dashboards for spares delivery and port call costs.

He also automated a previously manual charterer name-matching process.

Global – October 27, 2026 -- Teekay Tankers has named this quarter's winners of its Hazard Reporting Awards, recognizing the vessel teams that reported the highest number of hazards through the company's cloud-based digital platform.

Teekay Tankers turns hazard reporting into a quarterly team contest

The company has gamified the process. Vessels are placed into teams that compete every quarter to report the most hazards. Winners are recognized publicly and receive a prize.

Seafarers log unsafe acts and conditions on a mobile-friendly platform

Crews use the platform to flag unsafe acts or unsafe conditions on board as they notice them. Early and frequent reporting lets senior management implement corrective action outside regular on-board inspections.

DALLAS – October 27, 2026 -- Southwest Airlines Co. (NYSE: LUV) priced an underwritten public offering of $1.25 billion in senior notes, split across two fixed-rate tranches maturing in 2029 and 2031.

Southwest splits the offering into $600 million at 5.750% and $650 million at 6.000%

The 2029 Notes total $600 million and carry a 5.750% rate. The 2031 Notes total $650 million and carry a 6.000% rate. The offering is expected to close on or about November 2, 2026, subject to customary closing conditions.

Proceeds may repay $300 million of 3.000% notes due November 15, 2026

Southwest plans to use net proceeds for general corporate purposes. These may include repaying at maturity all of its outstanding $300 million aggregate principal amount of 3.000% notes due November 15, 2026. Proceeds may also fund the repayment or redemption of other indebtedness or corporate obligations.

Global – October 27, 2026 -- Co-op advertising spending in the auto industry is rising as growing vehicle inventories push manufacturers to underwrite dealer marketing and move units off the lot.

Manufacturers fund more local dealer campaigns amid market share competition

Under co-op programs, manufacturers cover part of the cost of dealership campaigns across digital, print, TV, radio and events. Competition for local market share adds to the spending increase, according to the source.

Digital channels take a larger share of co-op budgets

Manufacturers are directing more co-op funds to social media, search engine marketing and email campaigns. Digital advertising is often cheaper and delivers measurable results, which is why manufacturers prefer to fund it. Dealers can track performance and adjust campaigns in real time, and some are testing video ads, interactive content and virtual showrooms.

United States – October 27, 2026 -- Auto manufacturers fund dealer advertising through three co-op structures: fixed funding, percentage-based reimbursement and match programs. Under a match program, a dealer that spends $1,000 on a digital ad campaign has that investment matched by the manufacturer, according to a dealer guide from COOPABLE.

Three program formats tie manufacturer funds to sales or ad spend

Under fixed funding programs, manufacturers allocate a set amount of marketing money. Dealers claim a percentage of it, typically determined by units sold or a sales target.

Percentage-based programs reimburse dealers according to a percentage of their sales, so higher vehicle volume unlocks more claimable funds. Match programs cap manufacturer contributions at a set limit.

Global – October 27, 2026 -- COOPABLE is offering a platform that handles co-op fund management for automotive dealers and manufacturers, who split advertising costs for new vehicles, special offers and financing options.

Manufacturers set the rules and dealers choose the campaigns

Under the standard co-op model, the manufacturer writes the rules and guidelines and supplies documentation to dealers. The dealer selects which campaigns to join and how much to contribute. Manufacturer and dealer then split the cost, and the dealer runs the campaign and tracks results.

Manufacturers use the structure to build dealer relationships, support dealer marketing and lift new-vehicle sales. Dealers use it to raise brand awareness, generate leads, drive sales and improve customer loyalty.

Global – October 27, 2026 -- Car dealerships can direct manufacturer-provided co-op marketing funds across seven spending categories, from digital advertising to website upgrades, according to marketing provider COOPABLE, which says many dealers still fail to use the money fully.

Digital channels and SEO take the first two slots

COOPABLE says dealers can use co-op funds for Google Ads, social media promotions and display advertising. These platforms allow targeting by demographics, interests and online behavior.

The funds can also pay SEO experts or agencies for keyword research, content optimization and backlink building. COOPABLE describes SEO as a long-term play that can raise organic traffic and conversion rates over time.

LEXINGTON – October 27, 2026 -- COOPABLE and Lotlinx have launched a partnership that lets all Lotlinx dealers apply eligible manufacturer co-op funds toward Lotlinx solutions, with COOPABLE handling the administrative workload. The arrangement went live on March 1, 2026.

COOPABLE takes over approvals, claims and compliance for dealers

COOPABLE will manage co-op approvals, claim submissions, compliance documentation and reimbursement tracking. Dealers will no longer have to gather supporting documentation, submit proof of performance or monitor reimbursement status. Approved funds will flow through standard OEM reimbursement channels.

Dealers keep access to Lotlinx's machine learning and data intelligence, which they use to predict and act on inventory risk through VIN-specific strategies.

United Kingdom – October 24, 2026 -- A UK freight forwarder has recovered 800 hours of manual processing every month by automating proof-of-delivery (POD) handling across its 10-plus branches with PayCargo's AI-based document platform.

The company processes more than 10,000 deliveries a month and cannot invoice a customer until the signed POD has been processed and matched to its shipment. Each of its 10 branches previously ran a separate manual process. Operators scanned PODs individually, read shipment references off documents in mixed formats and typed every record into the Transport Management System (TMS). The result was information silos, delayed invoices and skilled staff tied up in data entry.

DALLAS – October 23, 2026 -- MODE Global, a third-party logistics provider, has received a Silver rating from EcoVadis, placing it among the top 25 percent of companies the sustainability ratings provider has assessed.

EcoVadis scorecard covers 21 indicators across four themes

The EcoVadis methodology draws on the Global Reporting Initiative, the United Nations Global Compact and ISO 26000. Its scorecard measures performance on 21 indicators grouped into environment, labor and human rights, ethics, and sustainable procurement.

MODE Transportation, a MODE Global subsidiary, earned the same Silver rating in 2022. The 2023 result extends the recognition to the parent company.