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Transportation Management: Page 58

Hanjin Shipping Says Bankruptcy Claims Top $10Bn
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.
Post-Brexit Customs Checks Might Cost $1.3Bn a Year
Brexit could cost £1bn ($1.3bn) a year in extra customs checks and huge border delays, a consultant has claimed.
Blockchain Company Launches Digital Currency to Reduce Cargo No-Shows
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.
080917 Blockchain Company Launches Digital
Global Airfreight Demand Sees Largest Increase Since 2010
The first half of 2017 saw its strongest freight demand increase since 2010, according to reports from research firms WorldACD, Drewry and IATA.
FedEx to Skip Holiday Surcharges for Most Orders
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.
New Wave Energy System Could Propel Ships
Wave energy technology is ready to pair with solar and wind power to create zero emission ships, according to ZShips International.
'Modest Gains' May Be New Normal for Dubai's Cooling Air Freight Market
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 Sets New Speed Record
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.
080717 Hyperloop One Sets New
Amazon's Prime Now Singapore Launch Sets Stage for Alibaba Turf War
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.
U.K. Customs Checks Could Cost $1.3Bn a Year Post-Brexit
Customs checks at the border after the U.K. leaves the European Union could cost 1bn pounds ($1.3bn) a year and cause delays for goods being shipped in both directions, according to a report by Oxera, an economic consultancy.
Mexican Truckers Plead for Crackdown on Cargo Theft Surge
Mexican trucking companies are urging lawmakers to stiffen penalties against cargo robberies, with a group representing motor carriers saying the escalation of crime this year has turned much of the country's highways into "no man's land."
UPS Expects Retailers to Pay Up for Christmas Deliveries
United Parcel Service Inc. expects most retailers to agree to higher shipping prices during the weeks leading up to Christmas, which it says are necessary because of the glut of online orders.
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