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Airbus’ commercial drone startup takes off

The French aerospace manufacturer has launched its U.S. base and operations of a new commercial drone startup, dubbed Airbus Aerial.

Shipping NewsPosted on: May 15, 2017

Executive Moves: Peel Ports, V. Group, AWO, IARW and WFLO

Peel Ports appoints head of container operations and deputy chief operating officer, V. Group names interim CEO, AWO elects new chairman and vice chairman, IARW announces new board of director’s chairman, and WFLO names new board of governor’s chairman.

Shipping NewsPosted on: May 12, 2017

Panama Canal transits up 7% in April

The Central American waterway saw 1,016 vessels pass through its locks for the month, a year-over-year increase of 7 percent from April 2016, according to data from the Panama Canal Authority.

Shipping NewsPosted on: May 12, 2017

Spot rates slip on major trades

Rates measured by the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index fell from Shanghai to Europe, the Mediterranean and the United States.

Shipping NewsPosted on: May 12, 2017

Hapag-Lloyd sinks deeper into the red

Germany’s largest container shipping company, which attributed its 42.8 million euro net loss for the quarter to higher bunker prices and lower freight rates, says its merger with UASC is expected to close by the end of May.

Shipping NewsPosted on: May 12, 2017

Oakland volumes grow 4% in April

The Port of Oakland says the trend towards bigger containerships means that even though fewer vessels are calling the port, volumes are increasing, diesel emissions are down, and berths are less congested.

Shipping NewsPosted on: May 12, 2017

“K” Line to merge ship management subsidiaries

The Japanese ocean carrier will consolidate two ship management subsidiaries in July 2017 in an effort to , “K” Line said in a statement.

Shipping NewsPosted on: May 12, 2017

Schneider profits drop 20% in Q1

Trucking carrier Schneider National expects improving market conditions in the second half of 2017 driven by an improved freight market and electronic logging device mandate.

Shipping NewsPosted on: May 12, 2017

Amazon sued for ‘bullying’ carriers, unpaid fees

Texas-based less-than-truckload carrier Central Freight Lines has filed a lawsuit against the e-commerce giant for millions in unpaid fees and court costs, according to legal research firm LexisNexis.

Shipping NewsPosted on: May 12, 2017

Uber hits speed bump in European Union

The San Francisco-based ride-sharing company could lose its fight in the European Union against being regulated as a traditional taxi service, but appears to be driving ahead in new business areas, such as freight transportation.

Shipping NewsPosted on: May 12, 2017

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