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Think Tank
Transportation & Distribution: Page 61
Malaysian Maritime Agency Detains Chinese Barge
The Malaysian Maritime Enforcement Agency said it was investigating if the barge was involved in the looting of two WWII British shipwrecks in the South China Sea.
U.K. Car Manufacturing Outputs Grew by Almost 10% in April
During April 2023, the U.K. manufactured 66,527 cars, marking a 9.9% year-on-year increase and the third straight month that vehicle outputs have grown in the country.
U.S. House Votes to Overturn Biden Administration Truck Emissions Rule
The opposition argued the rules would be too difficult to implement, leading to increased supply chain costs and more pressure on small business owners.
GEODIS Announces Acquisition of Southern Companies
The French logistics company's acquisition will result in more than 80 Southern Companies employees across the United States joining GEODIS.
Port of Los Angeles Shipping Volumes Fell 22% Year-on-Year
Through the first four months of 2023, the Port of Los Angeles processed over 2.5 million TEUs, a 29% drop-off compared to the first four months of 2022.
FMC fines ONE and Wan Hai Lines $2.65mn
Ocean Network Express and Wan Hai Lines were fined for unwarranted container detention charges by the FMC.
Target Earnings Flat as Shoppers Stick to Basics
Shoppers are pulling back on discretionary items like electronics and home projects and instead focusing on home essentials.
California’s Green-Fuel Program Stifles Other Investments
Carbon-credit markets have emerged among the main tools used to fight global warming, but the details need adjusting for the impact of supply and demand.
Maersk Innovation Center Opened in New Jersey
The center will concentrate on end-to-end supply chain visibility, supply chain resiliency, distribution data, climate change solutions, retail fulfillment and education/employee training.
Daimler Launching Medium-Duty Electric Truck Brand in the U.S.
Rizon will offer three model variants of its Class 4 and Class 5 trucks in the United States starting during the third quarter of 2023.
Trans.eu and project44 Launch Spot Transport Tracking Tool
Trans.eu agreed to a partnership with project44 to launch enhanced "spot" freight tracking capabilities on both companies’ supply chain platforms.
Emirates SkyCargo Launches Two New Healthcare Products
Emirates SkyCargo launched Emirates Vital and Emirates Medical Devices May 9 as part of its Life Sciences and Healthcare product range.
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