A new final rule from the Environmental Protection Agency gives the manufacturers of refrigerated trailers and their suppliers another three years, though 2019 to develop a new foam-blowing agent that does not incorporate strong greenhouse gases.
Author Archives: Amber Billingsley
A number of unionized workers at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) organized industrial action on Tuesday and Wednesday after the company missed a previously agreed deadline to pay KRW 20 billion (USD 17.7 million) of delayed wages, according to local media.
Spurred on by expected volume gains due to what is expected to be a hectic back-to-school season, United States-based retail container ports are expected to see decent volume gains in the coming months
This week, The Coalition for Transportation Productivity (CTP) a concern made up of roughly 200 United States-based manufacturers, shippers, carriers, and industry associations called on Congress to take a close look at data recently issued by the Department of Transportation (DOT) in its “Comprehensive Truck Size and Weight Limits Study, ” and focus on reforming Interstate vehicle weight limits for six-axle trucks.
WASHINGTON—Global growth is set to slow this year to its weakest rate since the financial crisis, the International Monetary Fund said Thursday, as China and other emerging markets decelerate and advanced economies still struggle to shrug off the legacies of the crisis. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)
More Americans than forecast filed for unemployment benefits last week, representing a pause in the pace of labor-market improvement. Jobless claims climbed by 15,000 to 297,000 in the week ended July 4, the highest since February, a Labor Department report showed July 9. The median forecast of economists surveyed by Bloomberg News projected claims of 275,000. The data can be volatile this time of year because of the Fourth of July and seasonal auto plant shutdowns.
A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according to the Container Forecaster report published by global shipping consultancy Drewry.
Officials in Kentucky and Arkansas have warned truckers about two repair jobs that will impact the efficient movement of traffic.
Maersk Line, the world’s largest container shipping company, has signed a USD 1.1 billion contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the construction of nine container ships with a capacity of 14,000 TEU (twenty-foot equivalent) each
The Central Asian nation of Kazakhstan has completed accession talks with the World Trade Organization, according to a statement from WTO.