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Logistics: Page 562
LNG Engines Could Be Stepping Stone to Fuel Cells
The growing adoption of hybrid electric powertrain systems and the projected growth in the number of vessels burning liquefied natural gas as fuel, could lead to wider adoption of fuel cells with LNG-fuelled engines becoming the stepping stone for the wide adoption of LNG-fuelled fuel cells as prime movers.
Hanjin Shipping Sells Part of Container Ship Business for $31M
South Korea's Hanjin Shipping Co Ltd said last week it decided to sell part of its container ship business to Korea Line Corp for 37bn Korean won ($31m).
What Shippers Don't Know About Their Carriers
Carriers are widely viewed as having an easy task: pick up and deliver on time. Piece of cake, right? Wrong. During the next few minutes of reading you will learn not only the challenges carriers face behind the scenes, but also what they aren't telling you that can reduce your transportation and distribution costs!
Emirates Says Rolls-Royce's A380 Engines Not Up to Standard
Emirates, the world's biggest long-haul airline, said it's unhappy with performance shortfalls afflicting $6.1bn worth of Rolls-Royce Holdings Plc engines ordered to power a batch of 50 Airbus Group SE A380 superjumbos.
Report: Fuel Smuggling Caused Shipbreaking Blast
An official inquiry into the explosion on the scrapped FPSO Aces confirmed that the massive blast was caused by hundreds of thousands of gallons of petroleum products on board. The inquiry, as reported by local media, said that about 375,000 gallons of fuel and 425,000 gallons of lubricants were on board the vessel.
FedEx Freight Urges Trump to Reconsider Trade Agreement Benefits
Michael Ducker, president and CEO of FedEx Freight, has joined a chorus of logistics and transportation interests calling for President-elect Donald Trump to honor America's commitment to the Trans-Pacific Partnership (TPP) and bolster extant trade ties. "Trade agreements are the solution, not the problem," Ducker told the 2016 JOC Inland Distribution Conference, adding that his company was "100 percent committed to the Trans-Pacific Partnership."
Amazon Is Out to Conquer the Brick-and-Mortar Grocery Business
Now Amazon.com, Inc. wants to be your neighborhood grocer. How's that likely to turn out?
Construction Boom Could Boost Demand for Met Coal
Businesses that transport their goods via the highways, railways or the airways are likely to see an expansion of the nation's infrastructure. That's good news not just for companies that want to move their products in the most efficient manner possible. It may also be good news for a subset of the coal sector that produces so-called metallurgical coal for steelmaking.
UPS to Add Four Weekly Flights to San Bernardino During 2016 Peak
UPS said it will add four weekly flights to San Bernardino International Airport (SBD) during its peak-season rush to accommodate a seasonal surge in package shipments, which grows each year as e-commerce changes the logistics side of Christmas shopping. The Atlanta-based integrator will operate 757 freighters from SBD to its Louisville, Kentucky, hub this December.
Supply Chain Visibility Company MacroPoint Announces $44M Investment
MacroPoint, creator of a multimodal freight tracking network that provides shippers, logistics service providers and carriers real-time visibility into load status, has received a $44m investment from Susquehanna Growth Equity, LLC (SGE). The company says it plans to accelerate investment in product and network expansion, both in the U.S. and internationally.
Thanksgiving Day Shopping Is Here to Stay, But With Tweaks
Thanksgiving Day shopping - a delight to some, an anathema to others - isn't going away, but some stores are rethinking their strategies on whether it makes sense to be open on the holiday itself. Many of the nation's major mall operators and the big retailers that anchor them, such as Toys R Us, J.C. Penney and Macy's, are sticking with what they want to be a new tradition, kicking off the holiday shopping season on Thanksgiving Day.
Channel Tunnel Fundamentally Changed UK Logistics, Report Says
More than a quarter of all goods traded between the UK and Europe, worth around £91.4bn ($113.82bn) a year, come through the Channel Tunnel, a report has found. In its report, "Economic Footprint of the Channel Tunnel Fixed Link," Ernst & Young found that 30 percent of UK exports, worth £43.6bn ($54.3bn), and 22 percent of imports, worth £47.8bn ($59.53bn), to and from the EU depend on the tunnel.
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