The International Chamber of Shipping said emissions trading is not appropriate for international shipping and is mostly comprised of small-and-medium-sized enterprises that typically operate with less than 10 ships.
OOIDA asks court to rehear ELD mandate suit
The Owner-Operator Independent Drivers Association has asked the U.S. Court of Appeals for the Seventh Circuit in Chicago to reconsider its ruling in favor of a proposed FMCSA rule to require the use of electronic logging devices on all commercial trucks.
Danaos records $8.4m loss in Q3
The Athens-based containership owner and chartering company’s earnings were hindered by Hanjin filing for bankruptcy at the end of August and the charter restructuring agreement it entered into with Hyundai Merchant Marine in July.
Truckload rates continue to fall in November
Truckload pricing dipped another 1.5 percent for the month compared to November 2015, the ninth consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.
FourKites enters agreement with AFN
In association with FourKites, AFN will work with carriers to track their fleets with the latest real-time tracking technology, and a decent amount of these carriers will be using FourKites’ Comprehensive Real-Time Tracking Platform by the end of 2016.
Intermodal rates rise for second straight month in November
Intermodal pricing increased 0.3 percent for the month compared with the same 2015 period, just the second year-over-year increase since December 2014, according to the latest Cass Intermodal Price Index.
Executive Moves: Port Manatee, CP and Port of Los Angeles
Port Manatee elects board chairwoman and officers, while Canadian Pacific Railway appoints new board member and Port of Los Angeles names deputy police chief.
Special Coverage: Tech companies use collaboration to tackle supply chain problems
Emerging technologies are helping the ocean and trucking industries work together in more meaningful ways.
SCPA posts strong box volumes in November
In addition, the United States Senate on Saturday passed S.612, the Water Infrastructure Improvement for the Nation Act, which included Congressional authorization for the 52-foot Charleston Harbor Deepening Project.
Report: HMM withdraws bid for TTI
South Korean ocean carrier Hyundai Merchant Marine is backing out of a joint bid with MSC for Hanjin’s 54 percent stake in the largest container terminal at the Port of Long Beach, according to a report from the Wall Street Journal.