Transport Topics
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The end of Scott Pruitt’s run as head of the U.S. Environmental Protection Agency was announced July 5, and has members of Congress and stakeholders already focusing on his successor. EPA deputy administrator Andrew Wheeler was tapped to take on the role of acting chief starting July 9.
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Cosco Shipping Holding Co. plans to sell as much as HK$7.43 billion ($947 million) of shares in Orient Overseas International as part of efforts by China’s biggest container-shipping line to maintain the listing status of the rival it is acquiring.
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Atlanta is burning. Georgia’s capital is the No. 1 city for spot market posts for both van loads and refrigerated loads through the first half of 2018, according to DAT Solutions, the operator of a major freight load board marketplace for North America.
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Whether it’s the price of hiring giant freighters to haul hundreds of millions of tons a year of iron ore and coal, or smaller carriers moving grains, there’s a theme emerging: dry- bulk shipping rates are rallying despite an escalating trade war that may yet damage China’s economy.
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