The Port of Oakland believes a new trade pact with China will benefit its export business and provide more opportunities for truckers to haul rice to export overseas
August 7, 2017Business
Cathay Pacific to Buy Out Partner DHL’s 40% Stake in Cargo Unit
Cathay Pacific Airways Ltd. agreed to buy out the stake owned by partner DHL International GmbH in a cargo venture as the premium Asian carrier revamps its operations as part of a three-year transformation program.
July 7, 2017Business
Panama Canal Does Some Good for Environment While Upending Historic Trade Routes
Fresh from a $5.25 billion, nine-year expansion that’s upending decades-old trade routes, it turns out the Panama Canal is also doing a little good for the planet.
July 7, 2017Business
New Rule Might Force Global Shipping Industry to Curb Greenhouse Gas Emissions
The trillion-dollar global shipping industry may soon be forced to curb greenhouse gas emissions under new rules backed by the European Union and China.
July 7, 2017Business, Logistics
Panama Canal Chief Looks Back on the First Year of the Big Ship Era
In a telephone interview with the Miami Herald, Panama Canal Administrator Jorge Quijano reviewed the first year of the canal expansion, a massive project that included state-of-the art locks on both the Atlantic and Pacific sides of the canal, a new 3.8 mile access channel, and widening and deepening at various locations along the 50-mile long canal.
July 5, 2017