Working to address growing demand for environmentally sustainable terminal tractor solutions in port, terminal and distribution center markets, Hyster-Yale Group and Capacity Trucks are joining forces to codevelop electric and hydrogen-powered terminal tractors with automation-ready capabilities…
Captain Andrew Kinsey, Senior Marine Risk Consultant, Allianz Global Corporate & Specialty, recently discussed some of the trends that will shape 2021 for the maritime, ports and logistics world.MR TV: As we come to the end of 2020, talk now turns not simply to COVID-19 and a potential vaccine…
Cooper Marine & Timberlands (CMT) has expanded its logistics and business development team through its promotion of Strickler Adams to Director of Marine Logistics and hiring of Alan Dodd as Director of Business Development.As Director of Marine Logistics…
Ferry firm Stena Line’s role in the roll-out of Pfizer’s COVID-19 vaccine is going well, and the firm is prepared to deal with any eventuality of Brexit trade talks, the company’s Brexit chief said on Friday.“We have trust and confidence in…
Pursuant to direction from FMC Chairman Michael Khouri, the Federal Maritime Commission has issued letters to the three global carrier alliances (2M, THE, and OCEAN) requiring that certain carrier-specific trade data currently filed with the Commission quarterly…
The future of shipping is here, and it will not surprise industry observers to see Norway in the pole position as autonomous vessels enter commercial operations. Norway has long been on the bleeding edge of shipping innovation. In 2015, the…
The long-established processes and practices associated with bulk commodity shipping present distinct challenges. For cargo owners, they mean a lack of transparency – leading to significant inefficiency and waste. OceanSMART Managing Director…
German container liner Hapag-Lloyd AG is confident of achieving higher earnings in 2020 as lower fuel prices cut shipping costs, demand in Asia recovers and fleet capacity is tight, chief executive Rolf Habben Jansen said on Friday.'Oil prices have fallen sharply in the coronavirus crisis…
According to BIMCO, 40% of Phase One goal reached for US manufactured goods to ChinaExports from the US to China of the manufactured goods included in the Phase One agreement between the two countries reached $31.1 billion in the first nine months of the year…
Thailand’s exports may drop by 7% this year, an improvement on the 8-10% drop projected earlier and helped by a gradual recovery in global demand, but a strong baht remains a concern, the Thai shipping association said on Tuesday.“After a positive surprise in September’s shipments…
Ports are economic engines for the regions they serve, and the impact from business activities at the Port of New York/New Jersey runs as big as the area it serves: 46 million consumers in a four-hour radius. The port is an economic giant in and of itself…
Propane port-side equipment offers superior performance, versatilityThe relationship between U.S. ports and America’s economic vitality is undeniably important. Martin Associates, a leading provider of economic and strategic assessments of the world’s transportation systems…
Japan’s exports fell in September at the slowest pace in seven months as U.S.-bound vehicle shipments rose from lows brought about by the COVID-19 pandemic, indicating easing pressure on the world’s third-largest economy.Exports fell 4.9% in September compared with the same month a year earlier…
Alibaba Group Holdings and Israeli shipping group Zim have entered a strategic cooperation agreement for the direct purchase of sea freight, which will improve logistic services to merchants selling on Alibaba, Zim said on Monday.Zim said it…
South Africa ranks among the top countries in the world, and first on the African continent, for BSI’s forecasted losses due to cargo theft, according to a report from freight transport insurer TT Club and business improvement company BSI.Historically…