A merger of Yang Ming, which is 33 percent owned by the government, with a private company such as Evergreen Line, would be difficult to achieve, contends Chen Ou-po, a member of Taiwan’s ruling Democratic Progressive Party.
The funds will be dispersed to 32 university transportation centers to advance research and education programs addressing critical transportation challenges in the United States, Transportation Secretary Anthony Foxx said in a statement.
The U.S. Transportation Department’s Federal Motor Carrier Safety Administration's final rule requires commercial driver's license applicants to demonstrate proficiency in knowledge and behind-the-wheel training, FMCSA said in a statement.
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Peak season capacity took a major hit in third quarter 2016 as carriers scrambled to replace services interrupted by Hanjin Shipping’s Aug. 31 bankruptcy announcement.
The joint container venture between Japan’s ‘Big 3’ will have a fleet capacity of 1.38 million TEUs, making it the sixth largest in the world, and when their 23 new ships are delivered, the merged operation will become the fifth largest carrier.
Meanwhile, The Federal Maritime Commission told American Shipper Tuesday that despite Hanjin no longer accepting bookings in the U.S., the commission hasn’t received any amendments to the CKYHE Alliance agreement since it was originally filed in 2014.