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The deal with Maersk Line, which will allow the ocean carrier to track termperatures in its refrigerated containers, is one of the largest industrial “internet of things” deployments of its kind, according to AT&T.
The Danish shipping conglomerate has also begun a program to buy back $1 billion in company shares over the next year.
Ocean carrier APL will launch a new service between North Asia and the West Coast of the United States Nov. 1 that will feature some of the most competitive transit times in the trade.
Cargo volumes passing through the Central American gateway in the 2015 fiscal year increased 4.3 percent compared to fiscal 2014, according to the Panama Canal Authority.
Industry advisors to the Commerce Department are calling on the government to get involved much sooner when contract talks between dockworkers and terminal operators diminish port productivity.
A group of Republican House lawmakers on Friday exercised a rarely used “discharge petition” to gather enough support to force a vote on the chamber floor to reauthorize the U.S. Export-Import Bank.