Cosco
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American Shipper
COSCO Shipping Q3 operating profit more than doubles
COSCO Shipping Holdings said its third quarter profit more than doubled.
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American Shipper
Port of Los Angeles OKs report for West Basin Container Terminal
Port of Los Angeles approves environmental plan for terminal that accounts for 17% of its container volume.
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American Shipper
Maritime History Notes: The China trade 1784 to today
For 235 years China and the U.S. have sought out each other’s markets by utilizing their fleets of merchant ships.
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American Shipper
US sanctions two COSCO tanker operators for Iranian oil activity
The U.S. Office of Foreign Assets Control said the sanctions do not apply to parent company COSCO Shipping Corp. and other affiliates not involved in…
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Maritime
Sale of Gioia Tauro terminal expected within weeks
Changing trading patterns have seen volumes at the port of Gioia Tauro decline. Its only remaining customer, MSC, is expected to successfully conclude more than…
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Air Cargo
Today’s Pickup: Bendix makes advanced safety systems available for older truck models
Bendix is now making its advanced safety systems available for retrofit for models where it was not factory-installed. Plus, U.S. finds little support for postal…
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Container
Government shutdown sidetracks US shipping agency’s new mandates
New power given to the Federal Maritime Commission to scrutinize the effects of ocean carrier competition has been put on hold by the government shutdown.
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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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Equipment
Today’s Pickup: Used truck pricing flat in June, but still up over 2017
Used truck prices in June were changed little month-over-month, but posted a 15% increase over June 2017, according to ACT Research.
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News
COSCO/OOCL merger inches closer
China wants to consolidate the Asia-North America container trade and drive supply chain efficiencies by operating a container terminal in Long Beach, but national security…
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