Four companies to form coal, LNG joint venture
“K” Line, U-Ming, Kuang Ming and Taipower signed a memorandum of understanding Monday to establish a joint venture in October 2020.
“K” Line, U-Ming, Kuang Ming and Taipower signed a memorandum of understanding Monday to establish a joint venture in October 2020.
Hyundai Merchant Marine (HMM) will join THE Alliance as a full member. The move comes after an apparent rebuff of the money-losing Korean liner company’s efforts to strike a similar deal with the 2M Alliance. THE Alliance, which is also comprised of Germany’s Hapag-Lloyd (FSE: HLAG), Japan’s Ocean Network Express, and Taiwan’s Yang Ming, said […]
The U.S. and China habve agreed to resume trade talks, a break in the nearly 2-month stalemate which has affected trade flows and spawned uncertainty among businesses
Nations in South East Asia are experiencing plunging trade and stumbling economies, analysts say, and they add it is due to a weakening Chinese economy and trade war tensions.
The Los Angeles City Council voted against a permit that would allow Maersk to begin the process of automating operations at the largest marine terminal on the U.S. West Coast. The Council’s motion to deny Maersk’s APM Terminals subsidiary a permit for installing equipment at its Pier 400 terminal to support automation comes one week […]
Opus9 is now offering to match shippers with drayage carriers as it expands coverage to major U.S. ports. The Sunnyvale, California-based startup, which already offers load matching and digital brokerage for truckload and less-than-truckload freight, wants to bring the same level of automation to drayage, said Chief Executive Alex Ryu. He said the new service […]
Also earning accolades were ports throughout the Western Hemisphere, Kongsberg Maritime and ORBCOMM.
Advantages include lower operating costs, increased throughput capacity, improved service reliability and reduced emissions.
The investment plan includes a CA$330 million national hub in Toronto set to open in 2021.
Top transportation economist Paul Bingham goes in-depth on trade war freight consequences, both pro and con.
Also announcing appointments are Deutsche Post DHL, Crowley Logistics, Hamburg Süd, QuestaWeb and Team Worldwide.
The new terminal on the Strait of Gibralter has capacity to handle 5 million TEUs annually.
Digital truck broker initially operating in Los Angeles, Long Beach, New York/New Jersey and Savannah.
The 16,000-TEU vessels will have MacGregor’s Cargo Boost system implemented during drydocking in 2020.
Freight volumes may have peaked for the season, but it certainly doesn’t feel that way. There is still a lot of uncertainty for Q3 as we close a disappointing Q2.
CEO Curtis Stoelting said Terence Rogers “joined Roadrunner at a difficult time and was tasked with getting our filings current and completing our recapitalization.”
An in-depth, exclusive interview with Scott Borgerson, co-founder and CEO of CargoMetrics Technologies.
The slowing of cargo ships prevents the emission of 45,000 tons of greenhouse gases and 1,000 tons of general air pollutants every year, the port estimated.
The numbers of robots in use around the world is forecast to reach 20 million by 2030…. automation is also forecast to displace tens of millions of people from their jobs.
The developer of a wheeled container storage site is suing the Port and City of Los Angeles, alleging that the project was derailed due to demands for longshoremen to be granted exclusive rights to be drayage drivers at the site. In a complaint filed in Los Angeles County Superior Court, Jonathan Rosenthal, the head of […]