Congressman John Garamendi (D-CA) told California maritime executives that the US Coast Guard is “seriously underfunded” and lacks the heavy ice breaker fleet that Russia and possibly China might deploy to dominate polar sea lanes.
Beyond projected depression of trade volumes with Asia, U.S. ports are facing a less-publicized but equally real threat related to tariff imposition: High duties on container cranes and other cargo-handling infrastructure.
Mario Girard, President and CEO of the Québec Port Authority (QPA), has announced that Don Krusel, architect of a spectacular transformation of the Port of Prince Rupert, has been appointed managing director of the Port of Québec’s project to build a container terminal.
Toyota has won approval to build its first zero emission auto terminal at the Port of Long Beach powered by hydrogen fuel cells. The current terminal will be renovated and should be operational in about eighteen months, according to a Toyota spokesman.
Norway’s oil and gas giant, Statoil, which has been renamed Equinor, has made major investments in renewable energy technologies and plans for $12 billion more in the next twelve years.
There are plenty of advantage to using air freight forwarding services that professional logistics companies offer. After all, it’s faster, more practical and easier to navigate. However, there are certain downsides to this method of cargo transportation.
There’s a new air of cautious optimism among vessel owners and supply chains as bulker, container, ro-ro and cruise markets recalibrate, signalling a switch from survival mode to recovery for the shipping sector.
Lanetix recently launched the software suite LxRoadFreight, which is specifically designed for domestic freight brokers and trucking firms. The suite offers out-of-the-box solutions that stand to place the smaller domestic freight brokers and trucking firms on a digital par with industry powerhouses.