Parts manufacturer Delphi Automotive has joined forces with Mobileye, a developer of computer vision systems focused on the automotive industry, to develop a fully automated driving solution by 2019, according to a joint statement from the companies.
Shanghai Pudong Int’l Airport Cargo Terminal, the largest airfreight handling services provider at Shanghai Airport, in the first seven months of 2016 saw volumes grow 2 percent to 919,461 metric tons compared with the same 2015 period.
The Northern Sea Route, which can cut 12 to 15 days off voyage times between Asia and North Europe compared to the traditional Suez Canal routing, is currently only usable during the summer season, but could be open year-round by 2020.
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SCI names new CEO, while the Louisiana governor appoints commissioner to the Port of New Orleans board.
South Korean ocean carrier Hanjin is required to submit a plan for raising 1.1 trillion won to Korea Development Bank by the end of the month.
Asset-light third-party logistics provider Landstar System posted a net income of $61.5 million on $1.49 billion in revenues for the first half of 2016, decreases of 12.8 percent and 8.8 percent, respectively, compared with the same 2015 period.