South Korea’s largest shipbuilder, Hyundai Heavy Industries, has asked that 5,000 workers take unpaid leave in the wake of CMA CGM signing a letter of intent with two Chinese shipyards to collectively build nine, 22,000-TEU containerships.

Although some demand can be attributed to structural factors, real estate markets in all major port gateways are seeing either rising or peak-level growth rates in leasing activity, while vacancy rates are at historic lows.

The Armonk, N.Y.-based technology company is collaborating with various companies across the global food supply chain to explore how blockchain technology can be used to make the food supply chain safer.

Singapore-based ocean carrier APL, now a subsidiary of CMA CGM of France, began purchasing slots on Maersk Line’s AC3 loop between Asia and the West Coast of South America this week, dubbing it the AE3-AW3.

MST and Reederei is accused of failing to keep accurate pollution control records and falsifying records for the vessel Marguerita, according to a statement from the U.S. Department of Justice.

The two vessels will be built by Texas-based Keppel AmFELS and will be deployed on the Hawaii-U.S. Mainland trade by 2020.

The Moscow-based all-cargo airline also saw volumes rise to 20 percent in its Asia Pacific network, a strong factor in its overall volume increase for the period.

The seasonally adjusted For-Hire Truck Tonnage Index equaled 138.5 in July 2017, up slightly from 138.4 in June, due to the mixed bag of high retail sales and low manufacturing production, said American Trucking Associations’ Chief Economist Bob Costello.

JAX LNG, a joint venture between Pivotal LNG and Northstar Midstream, received a Letter of Acceptance from the U.S. Coast Guard to begin operations by the end of 2017.

China is leading a trading bloc in Asia – the Regional Comprehensive Economic Partnership (RCEP) – that would more than fill the void of the abandoned Trans-Pacific Partnership (TPP) agreement and could leave the United States on the outside looking in.