Dachser USA Air & Sea Logistics launched a less-than-container-load service to Shanghai.
Congress negotiates compromise on waterways bill
The House and Senate have advanced legislation that includes the Water Resources Development Act, which authorizes the U.S. Army Corps of Engineers to dredge ports and maintain locks on inland waterways essential to commerce.
NAFTA trade totals $91.1b in September
The U.S. Department of Transportation’s Bureau of Transportation Statistics said that in September, 64.7 percent of freight between the United States and its partners in the North American Free Trade Agreement was transported by truck.
Hamburg Süd employees seek job protection
The German ocean carrier’s employees demonstrated Friday in Hamburg, seeking job protection in the wake of the announcement that the company will be acquired by Maersk Line.
<em>American Shipper</em> survey on the FMC
American Shipper is gathering feedback from shippers, carriers, and others to better understand perspectives on how well the Federal Maritime Commission is doing as chief U.S. regulator of the shipping industry.
Freight Rate Roundup: Maersk, MSC, CMA CGM and Hapag-Lloyd
Ocean carriers Maersk Line, MSC, CMA CGM and Hapag-Lloyd announced new freight rates.
Nikola unveils hydrogen-electric Class 8 truck
The Salt Lake City, Utah-based automobile motor manufacturer plans to have its Nikola One truck, a zero-emissions electric drivetrain powered by high-density lithium batteries, in production by 2020, the company said in a statement.
Drewry: Idle containership fleet size has soared
The shipping research and consulting firm attributed the year-over-year increase in idled containership capacity in November to Hanjin’s bankruptcy, and the Panama Canal’s new locks, which made smaller containerships less attractive.
Executive Moves: MPA, B&H Worldwide and ICAO
Maritime and Port Authority of Singapore appoints new chairman, while B&H Worldwide promotes managing director, Germany, and ICAO names new president of its Air Navigation Commission.
DP World partners with CDPQ to create $3.7b investment fund
The Dubai-based operator will own 55 percent of a new vehicle targeting port and terminal investment opportunities outside of the United Arab Emirates, while Canadian pension fund Caisse de dépôt et placement du Québec will hold the other 45 percent.