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Impact & Regulations, Shipping

Suez Canal slashes tolls in half for laden VLCCs heading from Europe to Asia

November 25, 2020

Via: Splash 247

With tanker rates looking dire for the winter and beyond, the Suez Canal Authority has taken the decision to slash tolls for laden VLCCs heading from Europe to Asia in half in a bid to avoid operators taking the slower, […]


Infrastructure

North Dakota, Missouri boast best highway systems in country in Reason Foundation’s highway report

November 24, 2020

Via: Transportation Today

When it comes to performance and cost-effectiveness, a new report from the nonprofit Reason Foundation has dubbed North Dakota, Missouri and Kansas at the top of the state-owned highway chain among the 50 United States. On the opposite spectrum were […]


Impact & Regulations

U.S. Charges 31 Alleging Bribes to Fix Coast Guard Credentialing Test Scores

November 24, 2020

Via: gCaptain

The U.S. Department of Justice has charged 31 individuals, including three former Coast Guard employees, related to a test score-fixing scheme at a United States Coast Guard exam center. The indictment was announced Monday by the U.S. Attorney’s Office in […]


Travel & Public Transit

Public transportation emergency funding support assessed

November 23, 2020

Via: Transportation Today

The American Public Transportation Association (APTA) maintains recent study findings determined 77 percent of voters want to see emergency funding for public transportation. The APTA said the FirstView Presidential Election Post-Election survey directed by Heart+Mind Strategies indicated a supermajority of […]


Shipping

Federal Maritime Commission launches liner probe as container availability becomes very tight

November 23, 2020

Via: Splash 247

The Federal Maritime Commission (FMC) in Washington DC has launched a probe into liner activity in the ports of New York, Los Angeles and Long Beach as shippers voice ever louder concern about the lack of available containers to shift […]


Shipping

Maersk Starts $1.6 Billion Share Buyback After Guidance Raised

November 18, 2020

Via: gCaptain

A.P. Moller-Maersk A/S has launched a $1.6 billion share buyback program, as the world’s biggest container shipping company says the Covid crisis has so far dented its business less than feared. Copenhagen-based Maersk, which late on Tuesday raised its guidance […]


Vehicles

Hyundai-Aptiv Venture Wins Driverless Test Approval in Nevada

November 17, 2020

Via: Transport Topics

Hyundai Motor Group and Aptiv Plc’s $4 billion self-driving venture received permission from the state of Nevada to test autonomous vehicles on public roads without a safety driver, the company said. The joint venture, dubbed Motional, got the approval from […]


Infrastructure

Alaska delegation welcomes cross-border permit for Alaska-Canada Railway

November 17, 2020

Via: Transportation Today

U.S. Sens. Lisa Murkowski (R-AK) and Dan Sullivan (R-AK) joined U.S. Rep. Don Young (R-Alaska) in welcoming a cross-border permit that would be the latest step in an Alaska-Canada Railway. Following President Donald Trump’s cross-border permit for the Alaska-Alberta (A2A) […]


Infrastructure

Pennsylvania’s Public Private Transportation Partnership Board approves bridge program

November 16, 2020

Via: Transportation Today

Pennsylvania’s Public Private Transportation Partnership (P3) Board approved Thursday a program that the state hopes will accelerate bridge reconstruction and rehabilitation. Through the Major Bridge P3 program, the Pennsylvania Department of Transportation (PennDOT) will be able to accelerate work on […]


Shipping

Surprise Cargo Surge Could Surpass Last Year’s Holiday Period

November 16, 2020

Via: gCaptain

Freight carriers including container shippers and cargo airlines say global demand is building toward a seasonal peak that could outstrip last year’s as more consumers shop online to overcome coronavirus curbs. Overall, container volumes may dip just 2% in 2020 […]