2M Alliance may not partner with Hyundai Merchant Marine

The news may not indicate a change in the status quo, but it could show a preference by Maersk and MSC to expand their alliance's capacity through acquisitions rather than partnerships. 

By Edwin Lopez • Nov. 18, 2016

Taiwan bails out struggling Evergreen and Yang Ming Transport lines

Taiwan acts to prevent another Hanjin.

By Jennifer McKevitt • Nov. 17, 2016

DOE awards Purdue $5 million to study truck platooning

The university will test fuel-saving and V2V communication technology through simulations and real-world testing.

By Jennifer McKevitt • Nov. 17, 2016

Port of Virginia acquires $217M worth of automated stacking cranes

As expansion continues over the next five years, 86 new automated stacking cranes will be invaluable.  

By Jennifer McKevitt • Nov. 17, 2016

Should supply chains worry about a potential UPS air worker strike?

The vote to strike is a routine show of solidarity among unions, according to UPS.

By Jennifer McKevitt • Nov. 16, 2016

Survey: 40% of shippers now negotiate freight rates monthly

Great shifts in the shipping industry over recent months may indicate it's time for a renewed conversation over contract rates.

By Jennifer McKevitt • Nov. 16, 2016

How UPS stays steady in center of e-commerce shipping storm

Despite Amazon's shipping ambitions and myriad other forces driving market upheaval, UPS continues to invest in a future defined by e-commerce opportunities and obstacles.

By Dan O'Shea • Nov. 15, 2016

Trump names former rail lobbyist to lead transportation team transition

Martin Whitmer's influence could tip the Department of Transportation's preference toward more highway, road and rail infrastructure projects.

By Kim Slowey • Nov. 15, 2016

Hapag-Lloyd: Overcapacity drove freight rates down 17.7% in Q3

Hanjin's bankruptcy, the merger between Japanese lines and the increase of vessel sharing agreements all appear to be tied to a single-event: the expansion of the Panama canal.

By Edwin Lopez • Nov. 15, 2016

Korea Line wins bid for Hanjin's assets

The bulk container shipper beat out Hyundai Merchant Marine in a surprise court decision.

By Edwin Lopez • Nov. 14, 2016

US voters approved $201B for transportation projects on Election Day

Infrastructure has been a major talking point this election cycle, which has construction companies optimistic about an increase in future work.

By Emily Peiffer , Jennifer McKevitt • Nov. 11, 2016

South Korea reveals final bidders for Hanjin's assets

One of either Hyundai Merchant Marine or Korea Line will buy Hanjin's Trans-Pacific vessels and ports.

By Jennifer McKevitt • Nov. 11, 2016

Shipper concerns over price-fixing are unfounded, says FMC

Consolidation may increase rates in order to boost carrier solvency, but the practice is not anti-competitive, according to the FMC chairman.

By Jennifer McKevitt • Nov. 9, 2016

Maersk to reduce emissions in cooperation with west coast ports

The ports will provide $1 million, which will be used toward the installation of high-tech equipment to track vessel emissions and energy efficiency.

By Jennifer McKevitt • Nov. 9, 2016

THE Alliance details its 31 services set to launch in April

THE Alliance's network will be the third largest in terms of capacity and service 20 ports within the U.S. and Canada.

By Jennifer McKevitt • Nov. 9, 2016

US ports fear effects of shipping industry consolidation

Ports fear the cost fewer actors and vessels will have on competition and, more importantly, their terminal contracts.

By Jennifer McKevitt • Nov. 8, 2016

Hanjin pledges to remove all empties, freeing much-needed chassis

West Coast ports may soon be rid of the ghost of Hanjin's bankruptcy.

By Jennifer McKevitt • Nov. 7, 2016

Panama Canal to reward ships with low emissions by 2017

The sustainability-based incentive program is another tool used to increase the Panama Canal's market share of trade. 

By Jennifer McKevitt • Nov. 7, 2016

Ocean Alliance details service network

The alliance will service 17 ports in the U.S. and Canada, surpassing 2M's coverage in East-West trades.

By Jennifer McKevitt • Nov. 4, 2016

Although talks stall, PMA and ILWU pledge return to table

The organizations were supposed to meet for two days this week, but cut the negotiations short after a single day. Was it too much, too soon?

By Jennifer McKevitt • Nov. 4, 2016

Legislators urge ILWU, PMA to renew contract early

The congressmen note constituents are still facing repercussions from last year's failed contract negotiations and hope this week's talks yield an optimistic outlook. 

By Edwin Lopez • Nov. 2, 2016

Shipping consolidation is welcome and necessary, per industry leaders

More consolidation is the only way to decrease the shipping overcapacity and shore up industry revenues, according to Maersk, CMA CGM and Drewry.

By Jennifer McKevitt • Nov. 2, 2016

How the Port of Oakland cut 76% of its diesel emissions in 10 years

The Port's experience shows the importance of clear benchmarking, goal-setting and active stakeholder participation for achieving sustainability targets.

By Jennifer McKevitt • Nov. 2, 2016

South Korean shipbuilders receive $9.6B to restructure

The shipping industry has largely set 2020 as the target date for its financial recovery.

By Jennifer McKevitt • Nov. 1, 2016

3 Japanese shipping lines merge, will become 6th largest global carrier

Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha cited a struggling market and capacity oversupply as reasons for creating the new joint venture.

By Jennifer McKevitt • Nov. 1, 2016