The electric-powered Class 8 truck will have an base price of $150,000 for a 300-mile range model, and $180,000 for a 500-mile range model, automaker Tesla said in a statement.
AirBridgeCargo volumes jump 15% YTD
The airfreight carrier handled more than 575,000 metric tons of cargo in the first 10 months of 2017, with temperature-controlled pharmaceutical shipments soaring 153 percent, according to data from AirBridgeCargo Airlines (ABC).
Port of Tanjung Pelepas receives four new STS cranes
The new ship-to-shore cranes are the tallest in any port in Southeast Asia and are part of a $121.9 million port enhancement plan for the major transshipment hub, the port said in a statement.
MOL, Marubeni ink LNG joint venture with NOVATEK
Japanese shipping company MOL and investment firm Marubeni have signed an agreement with Russia’s gas production company NOVATEK to launch an Arctic liquified natural gas (LNG) transshipment project to the Asia-Pacific region, MOL said in a statement.
d’Amico Shipping selling tanker for $14m, but will retain control
The move marks the third time in three months that d’Amico is selling one of its tankers.
ICOs entering liner shipping, but will cryptocurrency be accepted?
Given confusion around how they work and an inherent lack of regulation surrounding their use, decentralized digital currencies may have a tough time gaining traction in an industry already known for its reticence to adopt new technologies.
Rodolphe Saadé takes the helm as CMA CGM board chairman
The Marseilles-based shipping firm’s board of directors appointed Rodolphe Saadé, the current chief executive officer, to succeed his father and company founder Jaques Saadé as chairman of the board of the CMA CGM Group.
Trump to set controls on washing machine imports
The U.S. International Trade Commission (ITC) will prescribe a set of tariff rate quotas it believes will help stem the rising tide of large residential washers being imported into the United States at quantities that currently harm domestic manufactur…
NEWS FLASH: Doyle steps down as FMC commissioner
Initially appointed to the U.S. Federal Maritime Commission by President Obama in 2013, Commissioner William P. Doyle says he’s proud of the work he did on U.S. West Coast dockworker labor relations, China taxation and financial safeguards for shippers.