Africa's past is the mildewed train station in central Addis Ababa, where locomotives sit gutted and rusted tracks vanish in the grass. The line was once the greatest in Africa; built by France in the 1910s, it ran more than 450 miles northeast to neighboring Djibouti, where the desert meets the sea.
South Korea's Hanjin Shipping Co., which roiled global trade and temporarily marooned more than half a million cargo containers when it filed for bankruptcy, says it has raised only a fraction of what it needs to repay creditors, whose claims total about $10.5bn.
Hong Kong-based company 300cubits is aiming to partially replace U.S. dollars in the container shipping industry with tokens soon to be launched on Ethereum - an open-source, public, blockchain-based platform.
FedEx Corp. said it won't charge additional fees for most orders during the holiday season, in contrast with United Parcel Service Inc., undercutting its main rival as they battle for e-commerce customers.
Dubai's new freight hub is now handling about a third of the emirate's air freight, as both regional airports posted middling first half numbers, reflecting a regional downturn.
Hyperloop One completed the second phase of testing its ultrafast transportation system - propelling an aerodynamic pod down a low-pressure tube at record speed and distance, the company announced last week.
Amazon's Prime Now is now available in Singapore, offering its signature free two-hour delivery. The launch is the e-commerce giant's first foray into Southeast Asia.