Tag: featured

March 6, 2024

As explained, the company will leverage Hanwha Engine’s experience in marine engine production and the synergy among Hanwha affiliates to develop and commercialize eco-friendly fuel engines. Specifically, it plans to actively develop and commercialize ships powered by eco-friendly fuels, including […]

March 6, 2024

The ship recycling market is still in bearish mode, despite the fact that cash buyers are looking for more demo candidates. In its latest weekly report, Best Oasis (www.best-oasis.com), the world’s leading cash buyer of ships, said that “the ship […]

March 5, 2024

Sailing speeds of older ships in particular have slowed down considerably, as a result of the latest emission reduction rules. In its latest weekly report, shipbroker Intermodal said that “the integration of the Energy Efficiency Existing Ship Index (EEXI) and […]

March 4, 2024

The U.S. Department of Transportation’s Federal Transit Administration (FTA) announced Thursday it was making another $9.9 billion in federal formula funding available to support public transit infrastructure. Part of the Bipartisan Infrastructure Law, the funding is designed to help communities […]

February 28, 2024

Transport and logistics provider DHL Group said Tuesday that it has relocated its Norfolk, Virginia, operations to a facility more than twice the size of its prior location. The $7.3 million investment increases shipment capacity and enables faster processing, resulting […]

February 27, 2024

It was seven years ago that Matthew Belasco started worrying about the health of students riding the bus at Pittsburg Unified in California. As he watched hundreds of youth pile onto the big yellow vehicles each day, his eyes focused […]

February 27, 2024

Airport operations are affected by the unpredictable nature of flight times, departure delays, weather conditions, and other factors. Research from Lancaster University Management School (LUMS) uses computer simulations to show how airports can arrange landings to help reduce delays and […]

February 26, 2024

The Governors Highway Safety Association (GHSA), a nonprofit association representing the highway safety offices of states, territories, the District of Columbia and Puerto Rico, recently highlighted the actions it has taken over the past year to prioritize traffic safety and […]

February 26, 2024

Thousands of cars from China’s BYD rolled off a ship in the German port of Bremerhaven on Monday, as the world’s biggest electric carmaker brought its challenge directly to Europe’s auto making powerhouse. The delivery was made by the BYD […]

February 21, 2024

Maersk is adjusting Peak Season Surcharge (PSS) rates for selected routes effective March 1 to 31 March 2024, to ensure continued global service provision. The changes in the peak season surcharge rates will be applied as follows: Read More on […]

February 20, 2024

The top three carrier expenses are fuel, maintenance and insurance – things that are crucial to the success of a trucking company but that have seen a drastic uptick in cost the past few years. A new law in New […]

February 20, 2024

Through January, cargo traveling through the San Pedro Bay Port complex and destined for local delivery via truck spent an average of 2.89 days at port terminals, translating to a slight uptick from December’s average of 2.69 days. The January […]

February 19, 2024

As nations around the globe continue to grapple with the effects of climate change, the enormous appetite for oil and natural gas is locking horns with the ever-increasing desire to transition away from fossil fuels and move to low-carbon and […]

February 19, 2024

CMB.TECH announces the order of the world’s first ammonia-powered container vessel in partnership with Yara Clean Ammonia, North Sea Container Line and Yara International through a 15-year deal. The vessel, to be named Yara Eyde, is a 1,400 TEU ice-class […]

February 14, 2024

Container volumes from ten major Asian countries to the United States reached 1.65 million TEUs in January, marking a 15.6% increase compared to the previous year, while overall US imports amounted to 2.27 million TEUs, showing a 9.9% year-on-year growth. […]

February 13, 2024

The owner of an Ohio trucking company pleaded guilty in federal court to wire fraud, admitting his role in a scheme to overbill shippers and consolidate shipments headed for Amazon warehouses and Bath & Body Works stores. The fraud cost […]

February 13, 2024

In 2020, 2021 and 2022, it seemed like every day brought an announcement of a new merger or acquisition. That made sense given that it was insanely cheap to get capital and there was more than enough to go around. […]

February 12, 2024

According to Reach Subsea, Northern Maria is a versatile survey vessel with a 20-ton crane and sufficient accommodation and deck capacity, suitable to meet client requirements within both the renewable energy and oil & gas sectors and is an important […]

February 12, 2024

The U.S. Department of Transportation‘s (USDOT) Federal Transit Administration (FTA) has unveiled a historic investment of approximately $1.5 billion to revitalise U.S. transit vehicle manufacturing, particularly focusing on zero-emission buses, bus facility development and workforce enhancement. This funding, made possible […]

February 7, 2024

New data from Lloyd’s List Intelligence shows an acceleration of tankers diverting away from the Red Sea. Since Jan. 12, when the first of three U.S.-led military strikes began on Houthi land targets, more than 106 tankers have changed routes […]