The future of South Korea’s largest container shipping company looks grim, with numerous media outlets reporting lenders are refusing to extend the company additional credit.

The ocean carrier reported a net loss of 7.21 billion yuan renminbi in the first six months of the year compared with a 1.97 billion yuan renminbi profit in the same 2015 period amid its merger with fellow state-run line China Shipping.

The Canadian port will spend $16 million to relocate a maintenance building and construct a warehouse off the wharf to accommodate the expansion of the Fairview Container Terminal.

U.S. industrial conglomerate Honeywell completed a $1.5 billion purchase of Intelligrated, an information technology specialist in supply chain and warehouse automation.

The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is proposing to allow the import of fresh persimmon with calyxes, or bumps from the fruit’s flowers, from Japan into the United States.

The Japanese liner carrier established a cargo-handling joint venture in Mumbai, India that will initially handle car carriers, but will eventually include other types of vessels.

Workhorse Group has developed an eight-rotor “octocopter” called HorseFly designed to be used in tandem with its electric package delivery trucks, some of which are in service with companies like FedEx and UPS.

Every software provider has reporting capabilities for its users, but the trick for supply chain practitioners is determining whether business intelligence output is useful for monitoring or to impact operations.

Ocean carrier CMA CGM of France announced new Freight All Kinds tariffs on multiple trades.

The South Korean ocean carrier has reached a deal with containership charterers and other creditors, according to Korean media outlets.