Graig Ship Management is expected to continue operating independently within the V.Group portfolio, according to a statement from the company, which is based in London despite being majority owned by American investment company Advent Intl.
U.S. regulators drop sleep apnea testing plan for truckers, train engineers
However, U.S. Senate Minority Leader Charles Schumer, D-N.Y., has demanded that the government get the national sleep apnea testing plan back on track.
HMM records Q2 loss despite higher revenues, volumes
The South Korean liner carrier recorded a loss of 173.7 billion South Korean won (U.S. $152 million) on revenues of KRW 1.24 trillion amid skyrocketing volumes, particularly on the Asia-U.S. West Coast trade.
Port of Los Angeles reports busiest July in history
Volumes at the Southern California port increased 16 percent for the month compared with July and 9.5 percent year-over-year in the first seven months of 2017.
Expert: Well-trained employees key in recovering from supply chain ‘catastrophes’
Emergency preparedness might not be at the top of the list of priorities for typical supply chain organizations, but disasters are inevitable, according to Aram Sahakian, general manager of the Los Angeles Emergency Management Department.
SCFI falls 2.1%
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all recorded modest declines since last Friday, according to the Shanghai Containerized Freight Index.
SM Line to join ocean booking platform INTTRA
New South Korean ocean carrier SM Line will join INTTRA’s network to increase online bookings, wile INTTRA will receive expanded access in Korea via SM Line customers.
Tesla to manufacture driverless ‘platooning’ semi-trucks
The electric automaker is making good on its CEO’s tweet in April by producing autonomous semi-trucks that will also “platoon,” following a lead truck in formation, according to a report from Reuters news service.
Ports of Indiana awaits federal infrastructure grant
The Port of Indiana-Burns Harbor is counting on a $19.7 million federal grant, as one of the 10 FASTLANE small project grants, to aid in the expansion of the port’s cargo handling capacity, according to the NWI Times.