Workhorse Group has developed an eight-rotor “octocopter” called HorseFly designed to be used in tandem with its electric package delivery trucks, some of which are in service with companies like FedEx and UPS.
The ocean carrier reported a net loss of 7.21 billion yuan renminbi in the first six months of the year compared with a 1.97 billion yuan renminbi profit in the same 2015 period amid its merger with fellow state-run line China Shipping.
U.S. industrial conglomerate Honeywell completed a $1.5 billion purchase of Intelligrated, an information technology specialist in supply chain and warehouse automation.
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Ocean carriers MSC, Hapag-Lloyd, Hamburg Sud and UASC will be shaking things up on the Europe-Middle East/ISC trade.
The voyage data recorder from the U.S.-flag cargo ship that sank Oct. 1, 2015 near the Bahamas was in good condition and revealed bridge audio, weather data and navigational data.
The expanded Panama Canal locks, which just opened June 26 to handle vessels up to 14,000 TEUs, are expected to reshape U.S. East Coast port operations.