Port of Oakland real estate view: tough now, but ‘sky’s the limit’
COVID-19 has caused upheaval for Port of Oakland tenants, but its Commercial Real Estate Director says don’t despair. Better times are coming.
Cryopeak LNG solutions signs MOU with Island Tug & Barge
Cryopeak and ITB have developed a design for a 4,000 m3 articulated tug and barge ("ATB") which is planned to be in operation in 2023.…
OOCL Asia-Europe trade – service update for July
In response to the expected low demand in the market, OOCL would like to announce the withdrawal of the following Asia-Europe sailings:
Video shows two ships colliding on Welland Canal
Video shows two ships colliding on Welland Canal
Extension of airline payroll aid sought by unions, lawmakers
A bipartisan group of House lawmakers along with airline unions are calling for an extension of federal aid to prevent an expected wave of layoffs…
Pompeo threatens sanctions on EU companies over Nord Stream 2
The U.S. is moving toward sanctions against those involved in the Nord Stream 2 gas pipeline from Russia to Germany, Secretary of State Michael Pompeo…
Coyote Logistics launches dynamic route optimization to enhance supply chain efficiency
Today, Coyote Logistics, a leading global third-party logistics (3PL) provider, expanded its Dynamic Route Optimization program that aims to streamline supply chain operations and reduce…
High transPac rates despite increased capacity
1 As carriers restore capacity, ocean rates dipped slightly, but are still 72% higher than last year and up 68% from the end of May…
Johnson backs away from punishing British Airways over jobs
U.K. Prime Minister Boris Johnson backed off from intervening in British Airways plans to cut pay and modify contracts for remaining staff after dismissing thousands…
Delta sees up to $3.3 billion charge on voluntary departures
Delta Air Lines Inc. will take a charge of as much as $3.3 billion to cover the costs of early retirement and voluntary separation plans…
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