The group has created a blockchain platform built on Microsoft Azure technology for shippers, brokers, customers and third parties in the maritime insurance industry that is slated for rollout in 2018.
Port of Long Beach posts third-best monthly container volumes ever
Terminals at the Port of Long Beach handled 692,375 TEUs of containerized cargo in August 2017, an 8 percent improvement from 641,029 TEUs in the same month a year ago, according to recent data from the Southern California port.
South Carolina International Trade conference postponed
Due to the potential impact of Hurricane Irma, the trade conference held annually in Charleston will be postponed until Oct. 30-Nov. 1.
Hurricanes causing supply chain chaos across U.S.
The aftermath of Hurricane Harvey, combined with the looming threat of Hurricane Irma, which is likely to reach South Florida this weekend, is causing trucking costs to surge, according to a report from the Wall Street Journal.
MarAd awards $9.8m in small shipyard grants
The U.S. Department of Transportation’s Maritime Administration (MarAd) will provide 18 small shipyards across the nation with grant funding ranging from $191,762 to $990,500.
HMM completes its first blockchain pilot voyage
The South Korean ocean carrier’s first blockchain technology adopted pilot voyage involved the transport of reefer containers from Busan, South Korea to Qingdao, China.
Teamsters rejects UPS proposal for personal vehicle deliveries
In a June proposal, UPS suggested that seasonal drivers utilize their personal vehicles for deliveries, a move the Teamsters union staunchly opposed in a letter earlier this month.
NRF Adjusts Forecast for 2017 Retail Sales Following Government Data Revision
The National Retail Federation today adjusted its forecast for retail sales for 2017, slightly lowering the projection. The NRF is now saying sales are expected to increase between 3.2% and 3.8% rather than the 3.7 to 4.2% forecast earlier this year.
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Grace Jones Film Captures the Icon’s Flair and Inspires a Spring Fashion Collection
Tough, edgy, androgynous, gorgeous and talented. Those are just a few words to describe musician Grace Jones, whose gifts are celebrated in a new documentary and SS18 collection by Greta Constantine.
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