Tipping the balance – Container ship subsidies
Maersk’s CEO Soren Skou commented recently on the state of container shipping noting that government subsidy helps to create over capacity and promotes competitive imbalance. Advocating a competitive approach, he stated that the market will sort out carriers with profitable business models.
ONE brand new company
Ocean Network Express Pte., Ltd, better known as ONE, is a brand new company. Jeremy Nixon, the CEO of the container ship operator, stressed the point in an interview with the American Journal of Transportation (AJOT) at their brand new headquarters in One East Tower in Singapore.
Yang Ming & The Alliance launch fourth weekly service for Prince Rupert
The Port of Prince Rupert, DP World Prince Rupert and CN have announced a new weekly marine carrier service at the Fairview Container Terminal. Yang Ming and its partners in THE Alliance, Hapag-Lloyd and Ocean Network Express, have added Prince Rupert as the first North American port of call on the amended PS8 trans-Pacific service this spring.
Desgagnés launches world’s first polar class, dual fuel product/chemical tanker
Quebec City-based Groupe Desgagnés has christened and launched in Montreal the M/T Mia Desgagnés, the world's first polar-class dual-fuel oil/chemical tanker. It entailed an investment of C$50 million, including some C$9 million for the dual fuel/LNG equipment. Desgagnés operates a fleet of some 21 vessels deployed on North American, Arctic and overseas trades.
Driving the industry – HOS Rules in Flux
HR 5417 The Responsible and Effective Standards for Truckers or REST Act would allow drivers to stop the clock for up to three hours during their active shift.
California Almond Exporters Express Concern About China Trade
Almond Board of California President and CEO, Richard Waycott expressed concerns about losing exports to China, if China assesses an additional 15% tariff on U.S. almonds.
Capacity challenges, tariff impacts grappled with at New Orleans event
While tens of thousands of sports entertainment aficionados were throwing down less than a mile away at WrestleMania 34 events at the Mercedes-Benz Superdome, a couple hundred participants in the 10th anniversary Cargo Connections Conference found themselves grappling with far more serious issues.
Amazon and Uber Competing for Logistics
The logistics industry is expected to continue its rapid growth and tech giants Amazon and Uber saw the potential lying in this current situation. Last-mile delivery, trucking, automation - they have invested in a variety of logistic segments.
CMA CGM exec calls for industry transformation in opening conference hosted by Port of New Orleans
The ocean shipping industry demands customer-focused transformation, according to a top carrier executive speaking today [Monday, April 9] at the Cargo Connections Conference in New Orleans.
Longer gate hours on horizon for truckers battling congestion at Port of Montreal
Responding to persistent congestion issues for truckers at Montreal’s marine terminals since early this year, leading stakeholders at Canada’s second biggest port have agreed to participate in a study into the cost of extending gate hours at the Port of Montreal.

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