Abu Dhabi Ports officials will initiate talks with Indian counterparts to draw up a roadmap for establishing integration links between their respective digital logistics portals.
Danny Wan has been named executive director of the Port of Oakland, replacing Chris Lytle, who retired in July after six years in the top spot.
West Coast employers are somewhat hopeful the ILWU will view the unprecedented $93 million judgment in Portland as a wakeup call to improve labor relations and stop the bleed of cargo to ports on other coasts.
Virginia Governor Ralph Northam unveiled an international trade plan to boost exports by 50 percent in the next 15 years, a key initiative since laden exports fell between January and August for the second consecutive year.
Through a partnership with the software provider BlueX Trade, the Taiwan-based container carrier will allow shippers and non-vessel-operating common carriers (NVOCCs) to book space digitally “within minutes,” the companies said Tuesday.
The man leading the decarbonization charge at Maersk abruptly leaves the company, days before the world’s largest carrier will release its third-quarter earnings.
For the world’s largest container carrier, embarking on a radical departure from its traditional business model while simultaneously leading a historic quest to decarbonize shipping represents a level of risk-taking and ambition without equal in today’s industry.
Despite reporting a profitable second quarter, the Japanese container carrier has reduced its full-year earnings forecast by nearly one-third, citing concerns over a worsening global economic environment and an expected increase in bunker costs.