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Major Indian port in path of tropical cyclone

Tropical Cyclone Vayu formed in the Arabian Sea earlier this week, the eye brushing by the northwestern coast of India on Thursday, June 13. Ahead of the storm, airports were shut down, schools were closed and hundreds of thousands of people were evacuated. Powerful winds about 70 miles from the eye of the storm reached …

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Commentary: Tariffs are terrible taxes

FreightWaves features Market Voices – a forum for market experts with unique knowledge from numerous transportation sectors and other critical expertise. Anything that inhibits trade, in the long run, results in lower prosperity for everyone globally. Tariffs, between the U.S. and its trading partners, represent one of the worst forms of taxation for several basic …

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Volvo’s autonomous vehicle Vera enters port duty

First announced last year, Volvo Trucks’ Vera autonomous vehicle is moving quickly in testing –  it is now hauling containers from a logistics center to a port terminal in Gothenburg, Sweden. The test is part of a collaboration between Volvo Trucks (OTC: VLVLY ) and DFDS, a ferry and logistics company. “We want to be …

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Port Report: Sleepless in Seattle as big terminal goes for late gates

Washington’s container ports are looking to incent marine terminals to open at off-peak hours for trucks in preparation for the peak shipping season. The move underscores how U.S. ports are hoping to prevent a repeat of last year’s well-documented container congestion. The Northwest Seaport Alliance (NWSA), which oversees the ports of Seattle and Tacoma, said …

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Port Report: Los Angeles port boss says workers must prep for future

The Port of Los Angeles saw May container volumes grow at their best year-to-date level since January, even as empty containers still account for most of the growth. To keep volumes going, the seaport’s employees will face a changing workplace in the coming years as new technologies improve cargo fluidity, the port’s executive director said. …

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Commentary: Record number of empties – a logistical fact of life or a symptom of shipping dysfunction?

Note: FreightWaves occasionally publishes commentary from industry sources with expertise, information and opinion on current transportation topics. The opinions expressed in the article are solely those of the author and not necessarily those of FreightWaves. Submissions to FreightWaves are subject to editing. The author of this commentary is Nicholas Press, Founder and CEO of CEC …

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FreightWaves SONAR platform now has Drewry’s world container indices in SONAR

International shipping has become one of the largest drivers of domestic shipping volumes in the United States over the past several years. Knowing when and where container volumes are moving can be a leading indicator of when domestic shipping volumes are going to create disruptions in the U.S. freight market. FreightWaves continues to add more …

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Shipping software developers see new money but old challenges

Investment funds are increasingly setting their sights on ocean shipping software development. With more money flowing into the space, more products will hit the market. Some will change how shipping does business. Most will not. To understand the hurdles to maritime software development and what areas tech providers are focusing on, FreightWaves interviewed Evangelos Efstathiou, …

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Port Report: Maritime firms ask where they fit with robotic ships

Autonomous shipping is slowly gaining greater attention in the maritime industry, prompting more industry players to figure out where they will fit in what may be the future of ocean freight. As FreightWaves reported , Norwegian fertilizer manufacturer Yara International is still about a year away from testing and operating a fully autonomous container ship, …

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Port Report: Los Angeles bakes in box slowdown for upcoming budget

The Port of Los Angeles expects cargo volumes to dip in the coming fiscal year due to the fall-off from last year’s front loading of containers and the potential impact of new tariffs. The slowdown underscores the growth slowdown that intermodal rail and trucking face in 2019 after last year’s big rush of freight from …

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