However, the global port operator increased container throughput by 5.5 percent from 2015.
Star Cool CA+ was established to extend the market reach of sensitive, low-respiring perishables, building on Maersk Container Industry’s Star Cool CA system for high-respiring fresh produce.
Korea Development Bank, DSME’s largest shareholder and main creditor, and the Export-Import Bank of Korea said they would provide funds to boost the shipbuilder’s cash flow and convert its liabilities into equity to cut debt.
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The National Highway Traffic Safety Administration has issued a proposed rule mandating vehicle-to-vehicle communication devices on all new cars and light trucks by 2023 in an effort to spur development of connected vehicle technology.
President Donald Trump has named current board member Ann Begeman acting chairman of the U.S. Surface Transportation Board, according to a statement from the STB.
Canadian International Freight Forwarders Association (CIFFA) Executive Director Ruth Snowden said trade is an important source of jobs for the country.