July 25, 2024
Via: Splash 247Across China, shipyards are expanding and churning out ships on a scale not seen since 2008. The shipyard sector has entered a new golden age after more than a decade’s slump following the global financial crisis. In terms of newbuilding […]
July 24, 2024
Via: Transportation TodayThe U.S. House of Representatives on Monday voted 359-13 to approve the bipartisan Water Resources Development Act (WRDA) of 2024, which would improve myriad aspects of the U.S. water resources infrastructure. The WRDA now advances to the U.S. Senate for […]
July 24, 2024
Via: Transport DiveDepartment of Transportation Secretary Pete Buttigieg credited infrastructure spending in helping better absorb supply chain disruptions. Buttigieg presented keynote remarks and answered questions in a fireside chat with Trucking Dive Senior Reporter Colin Campbell during Industry Dive’s live event on […]
July 19, 2024
Via: Splash 247Many shipping companies have been hit by today’s outage of Microsoft, one of the biggest IT outages recorded. Multiple global businesses have reported failures of their Windows PCs today caused by a failed software update from antivirus company CrowdStrike. “Unfortunately, […]
July 18, 2024
Via: Offshore EnergyThe series of trials form a part of a larger pilot to develop a framework to provide quality, quantity, and greenhouse gas (GHG) abatement assurances for drop-in fuels. In the final trial, 4,500 MT of B3 marine biofuel blend with […]
July 18, 2024
Via: Container NewsPort of Los Angeles processed 827,757 TEUs in June, translating to a 10% increase over the previous month and less than 1% compared to last June, which was the port’s best month in 2023. “June was a great month at […]
July 17, 2024
Via: FreightWavesLogistics real estate investment trust Prologis said fewer development starts, a shrinking construction pipeline and “subdued” but “improving” demand will keep industry vacancies from stepping materially higher. Prologis (NYSE: PLD) reported core funds from operations (FFO) of $1.34 per share […]
July 11, 2024
Via: Transport DiveThe cost of trucking reached a new all-time high in 2023 at $2.27 per mile, according to an annual report from The American Transportation Research Institute. The increase, though, was less than 1% and subdued by declining fuel costs, which […]
July 11, 2024
Via: Tech XploreAs container ships the size of city blocks cross the oceans to deliver cargo, their huge diesel engines emit large quantities of air pollutants that drive climate change and have human health impacts. It has been estimated that maritime shipping […]
July 11, 2024
Via: Container NewsThe Red Sea crisis has rejuvenated the sales and purchases of container ships as vessel demand soars, according to Alphaliner’s latest report. Some 141 ships of 572,600 TEUs were bought and sold between January and June, an average of 23 […]
July 9, 2024
Via: Transportation TodayOn Tuesday, the U.S. Department of Transportation (DOT) announced it had awarded contracts to nine companies support critical Global Positioning System infrastructure. The Complementary Positioning, Navigation and Timing (PNT) technology vendors will receive funding that will ultimately enable the DOT […]
July 9, 2024
Via: Splash 247New analysis from Germany shows the container sector faces the brunt of penalties from the upcoming FuelEU Maritime regulation, the sector likely to account for nearly a third of all payouts. The financial impact of FuelEU Maritime, which comes into […]
July 8, 2024
Via: Offshore EnergyThe CO2 Efficient Transport via Ocean (CETO) joint industry project (JiP) concluded recently with the release of the report setting out the findings of the Technology Qualification performed in the study. CETO was funded by the project partners and Gassonova […]
July 5, 2024
Via: Container NewsA union proposal seeking to blunt China’s growing dominance in the maritime, logistics and shipbuilding sectors is finding bipartisan support among U.S. Congressional lawmakers, based on remarks made at a recent U.S. House of Representatives committee hearing. The Congressional hearing, […]
July 3, 2024
Via: Transport DiveMaking appointments to pick up loads had been a difficult task to automate, but Qued software has helped save R.E. Garrison roughly 60 hours in staff time during its first two months of use, according to the release. Qued’s software […]
July 1, 2024
Via: FreightWavesA member of Congress is leading the charge to create more truck parking to ease a headache-inducing problem drivers face daily. U.S. Rep. Steve Womack, R-Ark., is being praised by the American Trucking Associations for being “instrumental” in including $200 […]
June 25, 2024
Via: Transport DiveThe legal challenges come months after the EPA released its final emissions standards designed to reduce greenhouse gas impacts by phasing out traditional transportation fleets and encouraging the growth of battery-powered vehicles. The agency’s final rules, which became effective last […]
June 21, 2024
Via: Container NewsUS congressional lawmakers continue to ramp up efforts to scrutinize the nation’s use of shipping containers produced by China, with US House Representative and South Dakota Republican Dusty Johnson including a provision in the latest defense bill calling for Congress […]
June 19, 2024
Via: Container NewsThe Northwest Seaport Alliance (NWSA) announced that the total volume has risen by 8.2% since the start of the year, reaching 1,235,446 TEUs, compared to the same period last year. Full imports have seen a 12.5% increase, while full exports […]
June 14, 2024
Via: Container NewsShifting trade routes and cancelled voyages resulted in a decline in cargo at the Port of Long Beach in May. Dockworkers and terminal operators handled 695,937 TEUs last month, an 8.2% decrease from May 2023. “I am confident we will […]