Officials for the Biden administration said the projects will allow ports to meet increased shipping demands while improving worker safety and lowering costs for consumers.

Denmark-listed shares in the shipping firm fell by 18% the day the announcement was made, hitting their lowest levels since October 2020.

When consumers are informed about the carbon cost of shipping and the environmental impact of their choices, they are empowered to make decisions that align with their values.

Cosco still handled 60.06 million TEUs during the quarter, which was in line with the company’s performance during the same period in 2022.

European imports of super-chilled fuel grew after Russia paused pipeline gas exports following the country’s invasion of Ukraine in 2022.

Ultimately, mesh networks can handle fluctuations in supply and demand, optimize routes, and create transparency and accountability in the supply chain.

Some politicians are urging companies to speed up their rail infrastructure improvement projects in order to prevent any future accidents.

To make the most of available resources, provide more delivery choices, and achieve maximum efficiency, it is essential to effectively manage multi-carrier operations in real-time.

Jey Yokeley, vice president sales with TransImpact, details the way that technology — especially in the form of artificial intelligence and machine learning — is aiding how both parcel carriers and shippers make key decisions in an increasingly complex industry.

One solution is a regulatory filing tool for international customers brokerage while the other tool connects shippers and ocean carriers to logistics companies.