Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Toyota pumping $1.45B into Mexico to boost Tacoma production; Union Pacific to serve Volkswagen hub at Texas seaport; South Korean freight transporter to open subsidiary in Mexico; and Nefab expands in Arizona with warehousing and logistics facility.
Toyota pumping $1.45B into Mexico to boost Tacoma production
Japanese automaker Toyota plans to strengthen its...
Hyundai Merchant Marine (HMM) se lanza a su privatización con fecha límite para ofertas el 21 de agosto. SM Lines, dueño de los antiguos barcos de Hanjin Shipping interesado.
Esta entrada Hyundai Merchant Marine (HMM) acelera privatización Aparece primero en FullAvanteNews.
https://fullavantenews.com/hyundai-merchant-marine-hmm-acelera-privatizacion/?lang=es
Hamburg-based asset and investment manager MPC Capital has announced an order of four new container vessels at Korean shipyard HJ Shipbuilding & Construction (HJSC), the new brand of Hanjin Heavy Industries & Construction.
The newbuildings will have a capacity of 5,500 TEU and their delivery is scheduled for the second quarter of 2023.
MPC Capital said that the new boxships will have an eco-friendly design, which will allow for a saving of 40% in consumption in comparison to the existing fleet...
https://container-news.com/mpc-capital-orders-four-post-panamax-vessels-at-south-korean-shipyard/
The Northwest Seaport Alliance (NWSA) can see light at the end of the congestion tunnel.
At the end of last year, vessel unloading had slowed due to the festive holiday and icy weather, but terminals are back to handling multiple ships a day.
And the number of vessels waiting for berth space was down to two or three, mid-week.
Rail flows have been smooth since the two Class I operators that serve the …
The post US Northwest Seaport Alliance gets major boost in battle against congestion appeared...
https://theloadstar.com/us-northwest-seaport-alliance-gets-major-boost-in-battle-against-congestion/
U.S. courts were deluged with maritime cases after the financial crisis — there were a lot of debts to collect. A decade later, the docket is far less active, but even so, 2021 had its share of legal confrontations.
Here’s a sample of this year’s court action:
Container line gets phished
Cybercrime is an ongoing threat, as highlighted by a case filed Monday involving an alleged quarter-million-dollar heist.
Admiral Container Lines, which serves the Mediterranean and Black seas, purchased marine...
https://www.freightwaves.com/news/container-shipping-heads-to-court-whos-suing-whom
South Korean shipbuilder Hanjin Heavy Industries & Construction has announced its first commercial shipbuilding order in six years with an order for four 5,500 TEU containerships. The order comes on…
After 21 consecutive quarters of negative results, HMM has finally moved into the black.
The carrier posted a net profit of $23m for Q2 20, compared with a loss of $54m for the same period of 2019.
The South Korean carrier has racked up billions of dollars in losses in the past five years as it struggled to restructure its liner business after being on the verge of bankruptcy in 2016 – …
The post HMM finally sails into the black after 21 quarters, but half-year is still red appeared first on The...
Bill Rooney, the vice president of strategic development for Kuehne + Nagel, told the Agriculture Transportation Coalition (AgTC) this week that requests for quotes (RFQs) are “a good idea gone bad.”
“Number 2 on my list of things that suck up more time without adequate payoff are RFQs,” Rooney said. “Many of them are way too complicated. … It’s in many cases a process that’s really pretty bad. As they’re conducted today, many RFQs lead to faulty and suboptimal business decisions.”
Rooney said he...
https://www.freightwaves.com/news/top-time-sucks-in-ocean-shipping
South Korean liner operator SM Line Corporation has asked executives to take a 10% salary cut as the company suffers from falling container volumes amid the COVID-19 outbreak.
SM Line was established in 2016, after the Samra Midas Group acquired the remaining portfolio of bankrupt Hanjin Shipping. The company operates intra-Asia and trans-Pacific services, using 17 ships with combined capacity of around 74,000TEU.
COVID-19 surfaced in Wuhan, China, in December 2019, but has since spread nearly...
https://container-news.com/sm-line-executives-take-salary-cut-as-covid-19-hits/
Mία αυστραλο-αμερικανική κοινοπραξία εξετάζει το ενδεχόμενο να «διασώσει» το μεγαλύτερο ναυπηγείο των Φιλιππίνων, Hanjin, το οποίο βρίσκεται στον στρατηγικής σημασίας για την Ασία Κόλπο Σούμπικ.
Σύμφωνα με ασιατικά μέσα, η πρόταση των αυστραλιανών ναυπηγείων Austal και του αμερικανικού fund, Cerberus Capital Management, αναμένεται να μετριάσει τις ανησυχίες, που είχε πυροδοτήσει προηγουμένως το κινεζικό ενδιαφέρον, για την εθνική ασφάλεια των Φιλιππίνων.
Παράλληλα, η εξέλιξη αυτή ενισχύει τις...
https://www.naftikachronika.gr/2019/07/31/elpides-anagennisis-gia-to-nafpigeio-hanjin/