Developments and opportunities in the container terminal business, from automation to Altasia to more Asian

The venture is supported by a new $400 million joint venture, led by the commercial real estate company CBRE. In addition, Homecoming Capital provided $100 million.

Agriculture Transportation Coalition (AGTC) Executive Director Peter Friedmann has again warned that the lack of a West Coast labor contract between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) could be “dangerous” and “permanent.”

As the need to reduce greenhouse gas emissions gains momentum, the undercurrent of seismic cultural shifts is creating a challenging business landscape for energy companies to flourish. Indeed, varied energy-specific concerns continue to dominate the news cycle—both intra-industry related to technology modernization, scalability, adaptability, generational recruitment and more as well as environmental, societal, and cultural issues of consumer resonance.

Will there be enough copper and aluminum for all that construction? And what’s going to happen to prices?

The Busan Port Authority (BPA) expects to open its first totally automated container terminal in the latter part of 2023 and feature ship to shore cranes built in Korea.

The Korea Development Bank (KDB) has begun the process of selling “management rights” for Korean ocean carrier HMM...

MSC and COSCO will be the growth leaders in container shipping as other carriers such as Maersk focus more on logistics, according to noted global container shipping analyst Lars Jensen, principal at Vespucci Maritime.

Operators of corporate and for-hire transportation fleets certainly understand the importance of maintenance and repair (M&R). It’s a vital aspect of keeping trucks operating and on the road throughout all times of the year, enabling drivers to stay safe and return home on time and of course, to deliver goods to customers in every corner of the country.

The electrification of forklifts shows no signs of slowing, with incentives being put in place to encourage even faster decarbonization of off-road vehicles.