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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The Israeli container carrier told American Shipper Friday it is rejecting the rumor that it has intentions to sell its global shipping operations to instead become a regional Mediterranean carrier.
Hayes Howard, CEO of BlueWater Reporting, has analyzed recent occurrences in the container shipping industry regarding HMM’s bid to join the 2M Alliance, along with Korea Line’s purchase of certain Hanjin assets.
Based on trends from the last two years, growth in containership capacity will continue to outpace demand in the next few years despite record ship scrapping so far in 2016, according to a recent report from the Boston Consulting Group.