A study prepared for the Directorate-General for Climate Action found that savings from Flettner rotors and wing sails are seen as comparable.
President-elect Donald Trump warned German automakers of a 35 percent tariff on imports from Mexico if they continue producing cars there instead of building them in the United States.
Alain Bédard, chairman, president and chief executive officer of TFI International, formerly known as TransForce, said the acquisition diversifies the company into the medical last mile business.
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The Federal Maritime Commission said Friday it concluded its review of the proposed OCEAN Alliance, allowing the new ocean carrier alliance to take effect Monday, although it is not expected to commence operations until around April 2017.
Donald Trump used harsh anti-trade rhetoric during his campaign, leaving many to wonder if tariffs and other trade barriers will be implemented at the expense of export and logistics jobs.
The Port of Long Beach Harbor Commissioners approved the sale of Hanjin Shipping’s 54 percent stake in Total Terminals International to MSC and its sister company Terminal Investment Ltd. Wednesday night by a 3-to-1 vote.