Members of the International Civil Aviation Organization have agreed to measures aimed at enabling the aviation industry to reach carbon neutral growth from 2020.
Three men arrested for illegal exports to Russia
The U.S. Justice Department said Thursday that three men were arrested on charges of illegally exporting military technology to Russia.
Port of Montreal implements new app to cut greenhouse gas emissions
The Canadian port launched a new Trucking PORTal web-based application to reduce greenhouse gas emissions by optimizing truck routes to and from the port’s container terminals.
Yang Ming, HMM join Asia-ISC loops
Hyundai Merchant Marine joined an Asia-Indian Subcontinent dedicated service, while Yang Ming is scheduled to join a loop dedicated to the same trades.
ATA: Bloated inventories, weak manufacturing weigh heavy on truck volumes
The current cycle of larger than normal inventories, coupled with weakness in the manufacturing sector, has contributed to soft trucking volumes in 2016, according to American Trucking Associations Chief Economist Bob Costello.
Ports of Indiana eyes possible fourth port
Indiana Michigan Power has agreed to sell its recently retired Tanner’s Creek coal plant in Lawrenceville, Ind. to a brownfield redevelopment company that is working with the Ports of Indiana to evaluate the site for use as the state’s fourth port.
Deutsche Post sells e-mail marketing tech firm
The Bonn, Germany-based parcel carrier and third-party logistics provider has sold 100 percent of its stake in optivo GmbH to cloud-based digital content, commerce and marketing management platform firm Episerver AB.
CSX announces $0.18 dividend
The board of directors of CSX Corp. declared a quarterly dividend payable Dec. 15, 2016 to shareholders of common stock.
Aramex, Australia Post team up on e-commerce JV
The new 60-40 joint venture between Dubai-based third-party logistics provider Aramex and Australia Post will be based in Singapore with a particular focus on connecting the Australian e-commerce market with sellers in Asia, the companies said.
Will it be 2020 or 2025 for low-sulfur fuel?
Questions remain about the economic impact of lowering the cap on sulfur levels in marine fuels, as well as whether the refining industry can produce enough low-sulfur fuel to satisfy the increase in demand.