The effective enforcement of safety, repairing critical infrastructure and expediting the permitting process are priorities at the U.S. Department of Transportation that Elaine Chao said she will address if confirmed as transportation secretary in the Trump administration.
Truck Alliance Inc., an Uber-type service for trucks known in China as Huochebang, raised about $115 million in a financing round that valued the startup at $1 billion. Trucking remains the primary means of ferrying goods across China. More than 80% of goods are delivered via roads in a country whose logistics sector was worth $1.6 trillion in 2013, Deloitte has estimated. But the industry remains fragmented and inefficient.
Futoshi Ishii, director of population dynamics at the National Institute of Population and Social Security Research in Japan, says that Japan's population decline will break a new record for decline every year from now until the 2060s. The country's population in 2060: just 87 million, dramatically down from 127 million currently.
THE Nigerian Maritime Administration and Safety Agency, NIMASA, yesterday, shut three facilities for non-compliance with Ship and Port Facility Security, ISPS, code. The facilities are Heyden Petroleum Jetty, Ijora; Waziri Jetty, Dockyard Road, Apapa, and Starz Marine Shipyard Limited, Onne, Rivers State.
The Government of Bangladesh and Bangladesh Railway have signed a Memorandum of Understanding with the British company DP Rail to deliver a new 240 km railway between Dhaka and Payra. DP Rail said it expects rail freight services from the port to start in 2024. In its first year, the line is predicted to transport two million TEU, increasing to around four million TEU by 2030.
Two hundred and one containerships and just under 700,000 container slots have been scrapped this year. According to Braemar ACM, by 20 December, 699,000 teu of capacity had been sent for demolition. This compares with 187,500 teu in the whole of 2015.
There can be plenty of reasons why you’re contemplating a house move right now. There’ll probably be one major reason to trigger the household move (like the end of a lease or a new job offer out of town, for example), and sometimes that main culprit..
Maersk Line launched a mobile app to manage and track cargo on the move. This app will allow users access to comprehensive information on shipments, track cargo in real time, check schedules, changes in destination and documentation.
Amazon.com Inc. may be developing mobile technology so it can schedule and track truck shipments of its products with a few taps or clicksthe next step in the e-commerce giants bid to become its own global freight broker and compete with companies in the $150 billion business of booking transportation.