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Global Logistics: Page 115

Gearbulk and Grieg Star Combine Their Fleets

Gearbulk and Grieg Star have announced that they will be combining their efforts to form a single dry bulk shipping company. They say the joint venture will operate the parties' combined fleet of open hatch, semi open hatch and conventional bulk vessels.

Tesla Cars to Have Full Self-Driving Gear, But Feature Disabled for Now

Tesla Motors has announced its cars will soon come fitted with full self-driving hardware, as the company jousts with tech rivals like Google and car makers like Ford who are making a dash for the autonomous car market.

U.K., China Clear Unlimited Cargo Flights

An agreement this month to remove limits on the number of cargo flights between the United Kingdom and China is an encouraging signal that post-Brexit policy makers are serious about exploring, or expanding, trade routes outside of the Euro zone, said the U.K.'s Transport Minister Chris Grayling. In addition to unlimited cargo flights, the number of permitted passenger flights under the agreement will be raised from 40 to 100 per week.

Tear Up Your Paper: E-Invoicing Is Coming to the E.U.

News out of the European Union these days seems to be all about divisiveness and imminent economic chaos. So it's easy to overlook the latest reforms that promise to make life easier for traders doing business in the region.

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Dubai Plans 700mph Tube to Transport Freight

Building on plans to use the futuristic Hyperloop tube-transport system at its operations in Dubai, ports giant DP World has invested millions in the start-up company Hyperloop One, and its chief executive has joined the Hyperloop One board.

Amazon Adding 120,000 Workers To Meet Holiday Demand

The holidays are coming, and Amazon says it plans to add 120,000 seasonal workers in an effort to meet an expected spike in demand as more and more people trade bricks for clicks. The seasonal positions will be created at fulfillment centers, sorting centers and customer service sites in 27 states. The move marks a 20 percent boost from the 100,000 seasonal hires a year ago.

Hyundai Merchant Marine Considering Hanjin Route

South Korea's Hyundai Merchant Marine said this week it may submit a preliminary bid for Hanjin Shipping assets used in Asia-to-U.S. routes - a sale that could be key to Hanjin's prospects for paying off creditors. Hanjin, which filed for court receivership on August 31 after its creditors cut off financial support for the firm, put up manpower and logistics systems, five container ships and 10 overseas businesses for sale last week.

DB Schenker, Lufthansa Reportedly Halfway to 2020 Emissions Reduction Target

A five-year plan from Lufthansa Cargo and logistics provider DB Schenker to reduce carbon dioxide emissions is on track to meet its goal of reducing 20,000 tonnes of CO2 output by 2020, both companies say. To date, Lufthansa and Schenker have reduced their CO2 output by more than 10,000 tonnes, combined, under their joint Carbon Reduction Agreement.

Making Sense of Chaos: Logistics Embraces A.I.

There's just too much data out there for a human to make sense of. Can artificial intelligence save the day?

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India's Major Ports See Container Boost, Analysis Shows

Container volumes at India's major ports increased by 6.32 percent over last year in the first half of this financial year through September, according to the Journal of Commerce. The 12 ports together handled 4.35 million TEUs in the first half, up from 4.09 million TEUs over the same time last year.

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Miami International Announces Ocean-to-Air Shipment Program

Miami International Airport will soon receive perishable freight imports by sea and load it aboard international flights, according to the U.S. Department of Agriculture - making it the first airport in Florida to handle ocean-to-air transshipment. The airport announced that the shipments should start by the end of 2016.

UK-China Flights Expected to Double, Officials Say

The UK and Chinese governments have agreed to more than double the number of passenger flights allowed to operate between the two countries, according to transport secretary Chris Grayling.

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