In an annual report on pressing management challenges, the U.S. Department of Transportation said that safety remains the agency’s top priority.
British ship insurer preparing for Brexit fallout
The ship insurer North P&I Club is setting up a new European Union subsidiary in Dublin due to the increasing possibility that it and other companies will lose access to the EU single market after Brexit.
Damco completes first block train service from China to Europe
The arrival of the block train in France saw the transit time for the 10,815-kilometer journey slashed by 20 days, according to Maersk freight forwarding subsidiary Damco.
Cass Truckload Linehaul Index hits record high
Linehaul truckload shipping costs in October increased 5.5 percent from 12 months prior, according to the Cass Truckload Linehaul Index.
Seeking to break the age-old cycle of container overbooking, no-shows
Whether shipper no-shows induce carrier overbooking, or carrier overbooking causes shippers to make multiple bookings they fail to cancel, the question is whether the industry can overcome this mutually destructive behavior to operate more efficiently.
Executive Moves: Höegh Autoliners and RSI
Höegh Autoliners names chief executive officer, and the Railway Supply Institute appoints president.
Alibaba takes $2.9b stake in Sun Art
E-commerce giant Alibaba Group will acquire a 36.16 percent stake in Chinese hypermarket operator Sun Art Retail Group from Ruentex Group, according to a joint statement from the companies.
Hapag-Lloyd orders 3,700 reefer containers from MCI
The German ocean carrier plans to meet growing demand for refrigerated (reefer) cargo with the new Star Cool Integrated containers, 1,000 of which use a low-carbon R513A refrigerant system, according to Maersk Container Industry (MCI).
New CBP processing fees kick in Jan. 1
U.S. Customs and Border Protection will implement various cargo processing fee increases for importers and carriers, effective Jan. 1.
Azerbaijan Caspian Shipping Co. expands international presence
The number of Azerbaijan Caspian Shipping vessels operating outside the Caspian Sea has now reached 12, with 11 being dry cargo vessels, the company said.