Transportation: Page 469

Will CO2 Be Used in U.S. Refrigerated Transport?

Carrier Transicold

Refrigerated trailer manufacturers see potential for natrefs in onboard trucking in U.S. market.

The natural refrigerant CO2, also known as R-744, is non-ozone depleting.

Port of LA, Long Beach and Maersk Line Collaborate to Study Container Ship Emissions

Port of Los Angeles

“This is equivalent to strapping a Fitbit onto a large container ship,” Lee Kindberg, head of environmental efforts for Maersk Line, said in a statement.

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DOT Unveils National Alternative Fuel and Electric Charging Network

The federal government's new effort will help drivers find alternative fuels and vehicle charging stations nationwide.

The U.S. Department of Transportation is establishing a network of 55 alternative fueling and charging corridors for electric, natural gas, hydrogen, and propane fuel vehicles that spans 35 states and Washington, D.C., and 48 out of 55 routes will be designated as electric-vehicle charging corridors.

New Warehouse Construction, Lower Vacancies Continue to be Fueled by E-Commerce

E-commerce demand appears to be taking a bite out of the retail construction and shifting it to the logistics sector, with 53 million square feet of new logistics space delivered by developers in the third quarter was the second-highest quarter on record.

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China's Baidu Hopes to Raise $500 Million to Compete in Food Delivery

Using scooters to supply everything from Starbucks coffee to sliced sashimi, Waimai is in a pitched battle with rivals to sign up delivery men and convince restaurants to join its service.

Baidu’s takeout delivery business became a separate entity at the end of 2015 and a funding round earlier this year valued the business at $2.5 billion, Chairman Robin Li told investors on an earnings call in April.

Commercial Refrigeration Equipment Market to Reach $61 Billion by 2021

Zion Market Research

The transport refrigeration equipment category was the largest segment in commercial refrigeration equipment market and accounted for largest share of the total market in 2015.

Consolidation of warehouses and growth of cold supply chains is likely to disclose the new avenues for commercial refrigeration equipment market in the near future.

Domestic Intermodal Traffic Not Enough to Save Sector From 3Q Declines

Intermodal Association of North America (IANA)

The domestic container business experienced gains of 3.3 percent in the third quarter, which kept the overall Intermodal volume loss to 4.6 percent.

The Midwest-Northwest corridor's traffic rose 3 percent, dominated by containers. However, all other corridors posted declines, ranging from 0.8 percent in the Northeast-Midwest and Trans-Canada lanes, to 11.2 percent in the South Central-Southwest corridor. Midwest-Southwest volumes, which are the highest, dropped 5.3 percent.

More Ocean Shipping Alliances Put Ports on Shaky Ground

With analysts estimating that oceangoing shippers could lose up to $10 billion worldwide this year, the industry that made globalization possible is sinking into crisis.

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Ocean Ports & Carriers

Ocean Alliance Announces 'Day One' Plans

The proposed network will operate 40 services on the East-West trades with around 100 ports of call and almost 500 port pairs when it begins operations in April of 2017.

Members of the Ocean Alliance announce the signing of an agreement, called the Day One Product.

Ocean Ports & Carriers

West Coast Ports, Dockworkers Union Cut Off Talks Without a Deal

Pacific Maritime Association (PMA)

ILWU and PMA agreed on the current contract in February 2015, but it is set to expire at the end of June 2019.

Semi trucks hauling a containers leave the Port of Los Angeles on Monday, Feb. 23, 2015. Nearly all West Coast seaports began the week with dockworkers hustling to load and unload cargo ships that were held up amid a months-long labor-management dispute.

Alibaba's Lazada Group Acquires Singapore Online Grocer RedMart

With recent reports suggesting that the online grocery market is at an inflection point, the acquisition will provide Alibaba with a strong footprint in a leading global logistics hub in Singapore.

The transaction is expected to be completed in calendar Q4 2016, with Goldman Sachs acting as the financial advisor to Lazada Group while Credit Suisse advises RedMart.

Independent Truckers Group Loses its Lawsuit to Stop ELD Mandate

The Owner-Operator Independent Drivers Association had asked the court to vacate the Federal Motor Carrier Safety Administration’s final rule, which was issued in December 2015 and is scheduled to go into effect Dec. 17, 2017.

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