The SE8 service between Malaysia, Singapore and Vietnam will complement Yang Ming’s existing TSE loop, the Taiwanese ocean carrier said in a statement.
MOL wins autonomous transport R&D grant
As part of Japan’s Transportation Research and Technology Promotion Program, MOL and Mitsui Engineering & Shipbuilding Co. have been selected to research and develop autonomous ocean transport systems.
Costamare seeks to raise $95.85m in public offering
The Monaco-based containership charterer will use the proceeds of a secondary stock offering for ship purchases and repayment of debt, Costamare said in a statement.
FMC’s Regulatory Reform Task Force taking shape
The Federal Maritime Commission’s Regulatory Reform Task Force, which was announced in March by Acting Chairman Michael A. Khouri, aims to identify burdensome, unnecessary and outdated directives, and recommend how they should be remedied.
NACPC launches cooperative chassis pool in Charleston
The 40-foot premium chassis are equipped with radial tires, LED lights and auto inflation systems.
Odyssey Logistics opens metal transload facility
Located in the Chicago-metro area, the new facility will be operated by Odyssey subsidiary CMI Logistics and is expected to increase throughput by 20 percent, according to Odyssey President and CEO Bob Shellman.
Port Canaveral sells property to Walmart
The South Florida port finalized a transaction with Wal-Mart Stores East to divest 271 acres of land near Interstate 95 in Cocoa, Fla., for use as a distribution center and refrigerated warehouse complex.
World Trade Bridge to reopen Memorial Day
U.S. and Mexican customs authorities hope to provide fully restored operations at the World Trade Bridge border crossing in Laredo, Texas, on Monday, May 29.
Executive Moves: Southwest Airlines and USCIB
Southwest Airlines Co. names director of cargo sales, and United Council for International Business appoints senior vice president of ATA Carnet and trade services.
Flexport to open global network of consolidation centers
Due to the increased frequency of cargo moving between China and the U.S., the freight forwarder will first build warehouses in Hong Kong and Los Angeles for consolidation and rerouting purposes.