China COSCO
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Maritime
OOCL plans rapid growth to 1M TEU capacity; Maersk slashes guidance
State-backed Asian container lines have plans to rapidly expand their capacity; meanwhile Maersk cuts its guidance for 2018 by nearly a billion dollars in EBITDA.
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Canada
COSCO’s cyber attack and the importance of maritime cybersecurity
COSCO shipping came under a cyber attack this week, which reinforces the need for comprehensive cybersecurity regulations within the maritime industry as the future moves…
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Maritime
Container lines prep for China-US trade slowdown
Container line alliances are cutting capacity on their transpacific services in anticipation of a major slowdown in the US-China trade relationship due to tariffs. We…
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News
Today’s Pickup: freight markets strong to end Q2
Freight markets still hot to close Q2; COSCO/OOCL merger approved by US, China; Tesla hits Model 3 production goal; CSX revives plan for intermodal hub…
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Blockchain
Blockchain is the technology of the logistics industry in the future, says COSCO e-Logistics CTO
Dale Huang, the CTO of COSCO Network e-Logistics spoke about the importance of blockchain in the logistics and shipping world and how he expects the…
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Canada
Today’s Pickup: contract rate increases tamp down spot volatility
The spot market is normalizing; XPO's Brad Jacobs talks jazz and M&A; China COSCO's purchase of OOCL might be held up; railroad Teamsters want NAFTA…
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News
Today’s Pickup: autonomous Uber vehicle kills pedestrian
Uber AV kills pedestrian in Arizona; XPO Logistics takes its app to Europe; CSX has no apologies; China COSCO building methanol fuel plants in Louisiana;…
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