Chongqing, which is a key logistics hub for China and a leader in high-end manufacturing, is also making a big push into robotics.
Slusher: SMC³ a ‘leading edge’ technology company
SMC³ CEO Andrew Slusher told American Shipper the less-than-truckload solutions provider and trade association is focused on improving less-than-truckload rate and transit tools, while also pondering expansion into truckload and new content areas.
NTSB will launch mission to retrieve El Faro’s ‘black box’
The National Transportation Safety Board will attempt to retrieve the El Faro’s voyage data recorder in July, which is located in about 15,000 feet of water near the Bahamas.
Shipping companies, associations sue U.S. Coast Guard over pilot fees
The plantiffs claimed the U.S. Coast Guard violated the Administrative Procedures Act in its rule-making procedure in developing the pilotage rates, which have jumped about 114 percent over the past 10 years.
German factory orders decline in April as export demand slips
However, the decline in orders is more of a counter-movement to rather strong figures from March, which were boosted by an unusually high number of big-ticket items, Commerzbank AG Economist Ralph Solveen said.
AIIS: U.S. steel imports decline again in April
The United States experienced a 30 percent year-over-year drop in steel import volumes in April to 2.46 million net tons.
U.S. transportation employment slips in May
Transportation and logistics companies cut 500 jobs for the month, following revised increases of 10,100 in April and 5,700 in March, according to recent preliminary data from the U.S. Department of Labor.
HMM aims to reach charter rate negotiation deal this week
The South Korean shipping conglomerate has already reached a deal with Zodiac Marine, according to shipping publications Lloyd’s List and Tradewinds.
NYK: CO2 vessel emissions down 14.3% since 2010
The Japanese ocean carrier exceeded its goal of a 10 percent reduction in its carbon dioxide emission rate per unit of transportation from ships by fiscal 2015, according to a statement from the company.
GRI Roundup: CMA CGM, Hapag-Lloyd and MOL
Ocean carriers CMA CGM of France, Germany’s Hapag-Lloyd and MOL of Japan announced upcoming general rate increases, while this past Friday, the Shanghai Containerized Freight Index rose 1.9 percent from a week prior to a reading of 588.59.