Primary candidates in the 2016 United States presidential election are tacking towards the populist message espoused by Republican Donald Trump and Democrat Bernie Sanders, putting Trans-Pacific Partnership deal in jeopardy.
Transportation stocks rebound after rocky start to 2016
The Dow Jones Transportation Average closed at $7,690.41 yesterday, March 14, up nearly 2.5 percent from the end of 2015 and more than 16 percent compared to the two-year low of $6,625.41 seen in January 2016.
Teijin Aramid partners with MACRO Industries
Global aramid producer Teijin Aramid established a collaboration agreement with MACRO Industries for the joint development, manufacturing and commercialization of more durable, fire-resistant air freight containers.
UPS invests in compressed natural gas tractors, fueling stations
The parcel giant unveiled plans to build 12 additional compressed natural gas fueling stations and add 380 new CNG tractors to its alternative fuel and advanced technology fleet.
MOL car carrier suspected of leaking fuel in LA harbor
The pure car/truck carrier vessel Istra Ace leaked an unknown substance, suspected to be fuel, while docked at berth 202 in the Port of Los Angeles Sunday, according to the Los Angeles Fire Department.
Maersk experiments with drones for deliveries, inspections
The Danish shipping conglomerate’s tanker division completed its first successful delivery, a tin of cookies for the bulk tanker vessel Maersk Edgar, and is looking at other potential uses of unmanned aircraft systems.
IBIA joins forces with Trident Alliance
The International Bunker Industry Association is partnering with the Trident Alliance due to their mutual concerns over proper enforcement of the future 0.5 percent Global Sulphur Cap.
FMC reviews 22 OTI license applications
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
Peru to fully open market to U.S. beef exports
The United States on Monday reached an agreement with Peru to remove outstanding barriers for U.S. beef exports entering the South American country.
HMM commences China Thailand Express
The South Korean ocean carrier last week launched the China Thailand Express, which operates between China, Korea and Southeast Asia with four, 2,200-TEU containerships.