The Korea Offshore and Shipbuilding Association has released numbers confirming the expectations of many analysts: the number of actively operating shipyards around the world has fallen by more than 40 percent from what it was seven years ago.
The recent bankruptcy of South Korean ocean carrier Hanjin Shipping is causing "widespread disruptions" to supply chains across the country, according to the National Retail Federation, which wants the U.S. government to step in.
Hanjin Shipping has to return chartered-in ships to owners and to sell as much of its own fleet as it can, a South Korean bankruptcy judge said Monday.
Ubiqconn has developed an all-in-one vehicle terminal for truck fleet management, asset management and electronic logging device (ELD) applications.
Freightos, an online freight marketplace, has acquired WebCargoNet, an air-cargo rate-management provider.
Global marine underwriting premiums last year amounted to $29.9bn, a 10.5 percent reduction on the 2014 figure, according to annual statistical report from IUMI, the International Union of Marine Insurance.
Jitendra Malik, a researcher in computer vision for three decades, doesn't own a Tesla, but he has advice for people who do. "Knowing what I know about computer vision, I wouldn't take my hands off the steering wheel," he said.
The pallet market in Europe is expected to grow at a CAGR of more than 5 percent during the forecast period of 2016 through 2020, according to Technavio.
HighJump, a provider of supply-chain network applications, has released version 4.2 of its AccellosOne Enterprise 3PL (Third-Party Logistics) software.
DHL has expanded operations in Seattle with the opening of a new service center.
The real-time tracking platform of FourKites, a vendor of logistics visibility software for shippers and third-party logistics providers, is now available with Oracle Transportation Management Cloud (OTM) and Oracle Transportation Management version 6.3.0 or higher.
Having weathered numerous downturns in the past, major container lines might have thought they were immune from the laws of supply and demand. Now they know better.
The world's seventh-largest deep sea cargo transportation carrier, Hanjin Shipping, filed for court receivership - a form of bankruptcy protection - on Aug. 31. Chaos has promptly ensued in a number of markets, and it won't end any time soon, according to Ashley Cruz, IBIS World Procurement...
American Airlines Cargo has launched a daily nonstop service between Los Angeles International Airport (LAX) and Hong Kong.
Research in the design and development of fully autonomous and unmanned merchant vessels could reduce human error and provide financial savings through crew salaries and the omission of crew accommodation. However, these vessels, monitored from land, will require high-quality and reliable...