The reduction, effective March 29, is the fourth one of 2019 announced by the Panama Canal Authority following low rainfall in December.
The Blockchain in Transport Alliance was founded in 2017 and currently has nearly 500 members in more than 25 countries.
In announcing of giant revenues and super-massive dividends, Australian mining colossus Rio Tinto delighted markets, shareholders… and maybe even roboticists too!
A carbon tax is expected to be levied on polluting ships within the next few years so finding energy solutions that will reduce or eliminate those charges could give operators a competitive advantage. Corvus Energy’s range of batteries could offer a solution.
Australian miner Rio Tinto generated over US$12 billion (all figures in U.S. dollars) from its bauxite, alumina and aluminum production in 2018. It predicts about 67 million tonnes production of bauxite, alumina and aluminum this year. These minor bulk commodities are significant seaborne cargoes.
Consulting firm says requirement to use low-sulfur fuel could raise costs by $10 billion for industry.
Simplification and improvement of capital structure will support long-term business plans, says the logistics and transportation company.
The Swiss company, which has been an acquisition target of Danish firm DVS, reported a drop in ocean freight volume last year.
The Norwegian Government is debating whether to introduce a Carbon Fund, based on its successful nitrogen oxide fund (NOx Fund), with a view to cutting carbon emissions by 40 percent by 2030.
Firm cuts debt load nearly in half, shows single-digit top-line growth in freight management, contract logistics.
Online freight booking systems can streamline the process for booking air and ocean freight, solving several significant challenges along the way.
Start-up is latest seeking to automate the fraught process of securing truck capacity with its test bed at busiest port in U.S.
Lawmakers heard how costly fees and equipment shortages along the supply chain are hurting exports.
Witnesses gave the Senate Subcommittee on Transportation and Safety a variety of recommendations to improve intermodal infrastructure.
World’s largest ocean freight forwarder continues to grow volume, but impact of liner alliances also take toll on margins.
The Switzerland-based freight forwarder and logistics company reports both increased sales and profit for 2018.
The service will be paired with APL’s Eagle Express X transpacific service.
The ship Kauai will be moving cargo to and from Hawaii while Matsonia undergoes repairs.
Craft Ventures led the funding for the company, which wants to bring “Uber-like” efficiency to the drayage industry by linking freight forwarders with truckers.
A series of company earnings from New Zealand shows that the international maritime trade to and from the Pacific archipelago is largely strong, especially for the bigger ports, but the smaller ports have experienced some downturns in trade.
