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U.S. lawmakers and industry advocates need to do more to address a “critical” shortage of skilled truck technicians and mechanics, according to Bill Graves, CEO of American Trucking Associations.
The global shipping industry has reduced total carbon dioxide emissions by more than 10 percent since 2007, according to the International Chamber of Shipping.
Dry bulk and container shipping sectors are those most likely at risk of damage from the economic slowdown in China, while the tanker industry should prove to be resilient, according to a new report from Fitch Ratings.
TOTE says "While this reflects that the ship was caught in rough seas and extreme weather, it is in no way indicative of the ship’s fate."
Rep. Stephen Fincher, R-Tenn., introduced a bill that would restore Ex-Im Bank’s operations and include various reforms, but will require a "discharge process" to reach the House floor for a vote.
The company’s minority investment in e-commerce specialist Ally Commerce Inc. is more about research than revenues, according to Rimas Kapeskas, head of UPS’s strategic enterprise fund.