Lojistik Şirketi

The contract with South Korean shipyard Hanwha Ocean pushes the global order book for LNG-fueled vessels to more than 6.8 million TEUs.

Developments linked to multiple energy sources — including data center-driven gas, nuclear, LNG, and offshore oil and gas exploration — are among projects in the works for major EPCs Fluor, KBR, TechnipFMC and Worley.

With the new partnerships, DoorDash said it now has more than half a million products eligible for sub-hour delivery.

CEO Daniel Heaf said a reduction in distressed inventory came from “buying our seasonal business correctly.”

Journal of Commerce data on shipper-paid spot rates supports suggestions the truckload market flattened in the late summer, but it may resume its climb shortly.

There is a good business case for buying assets that will reduce costs and increase efficiency, but the cycle that generates the cash for those deals doesn’t last forever, writes Jeremy Masters.

Shippers should expect more pressure on truck capacity as Homeland Security and the Justice Department join DOT in shutting down CDL schools and targeting illegal drivers.

Although the sector remained in expansion, “warning signs” are starting to appear, said Susan Spence, chair of the Institute for Supply Management.

The revamped service from Southeast Asia and South China will also be notable because the vessels will completely discharge their inbound containers in Long Beach and reload for the backhaul without calling Oakland.

The latest move in that direction came Monday with MSC announcing it is shifting its Albatros, Jade, Himalaya and Tiger strings back to Red Sea transits, following similar moves by competitors.