Shipping lines will be paid $2,500 to slow down when passing through the Santa Barabara Channel off California. In a pilot project lasting four months, the ships will reduce speed so as to cut pollution and reduce the chance of collisions with whales. This is the whales’ favourite season for swimming in the channel – last week one was found dead on a beach, but they often get caught on the bulbous bow of ships.
CMA CGM liner trades pummelled in Q1 – and there's worse to come
Container freight rates: 'collapse' is the word, says Xeneta
Mexican rail seizures give near-shoring interests pause for thought
Major box lines still fighting over diminishing supply of smaller ships
Cargo shifts back to US west coast ports, but some has gone for good
Evergreen and Wan Hai face up to bearish market as profits tumble
UPS names John Bolla new president of global healthcare
FedEx pilots win ‘tentative agreement’ on new contract after strike threat
Digital forwarders back in the spotlight: can they compete?
'Alarming signals' as airfreight capacity rises and rates fall
'Keep 'em peeled' alert as drug smuggling into Europe's ports increases
Congress mulls raft of supply chain bills – but one is missing, say BCOs