Industry News

News from JOC Journal of Commerce

• FMC rule giving contract filing relief to carriers takes effect June 15, 2020
  [caption caption="The FMC final rule concludes a two-year process into an application filed by the World Shipping Council. Photo credit: Shutterstock.com."][/caption]Container lines will no longer be required to file ‘essential terms’ of contracts with cargo owners with the Federal Maritime Commission (FMC) under a rule formally adopted by the regulatory...
• FMC’s detention-demurrage proposal divides shipping industry October 31, 2019
  [caption caption="Shipping industry stakeholders are debating who should bear the financial cost when certain events inside a terminal prevent the timely pickup of containers. Photo credit: Ari Ashe/JOC.com."][/caption]The container shipping industry remains far apart on whether the Federal Maritime Commission’s (FMC's) proposed rule on detention and demurrage will resolve or...
• Piracy and corruption stalk West Africa supply chains April 7, 2016
  ACCRA, Ghana — Senior maritime and transport officials in Ghana identified piracy and corruption as central challenges in the development of an efficient port and supply chain network in West Africa. Incidents of piracy and armed robbery were singled out by Richard Anamoo, director general of Ghana Ports and Harbours Authority,...
• Pirates attack two container ships in Southeast Asia August 24, 2015
  [caption]Maersk Lebu. Credit: Fotoflite[/caption]Underscoring Southeast Asia’s new role as the world’s piracy hot spot, pirates attacked six vessels, including two container ships, in the straits of Malacca and Singapore Friday and Saturday Authorities believe the same group, comprising four to five perpetrators armed with knives, were behind all six incidents, according...
• Balancing costs and threats of piracy June 19, 2015
  When it comes to piracy, carriers must balance the speeds and routes their vessels take with crew safety and delivering maximum efficiency to clients. Typically, ships move at slower than their maximum speeds to reduce fuel usage and increase savings for both carriers and customers alike. While these benefits are tangible,...
• Global piracy declines but hot spots remain June 12, 2015
  Shippers have plenty to worry about — including volatile pricing and cargo delays — but piracy should be less of a concern, as the number of incidents has been falling since 2010. The general decline can be attributed to renewed international efforts to combat piracy. Pirate attacks targeting container vessels fell...
• MSC container ship, bulk carrier attacked off Indonesia March 23, 2015
  [caption align="left"][/caption]A Mediterranean Shipping Co. container ship and a bulk carrier were attacked in separate but possibly related incidents off the coast of Indonesia, according to the intergovernmental anti-piracy office ReCAAP. The two incidents, which are reported to have happened within hours of each other, involved ships sailing eastbound in the Straits...
• ISIS could bring piracy back to Mediterranean, officials say February 26, 2015
  Militants loyal to ISIS could bring Somali-style piracy to the Mediterranean, threatening the world’s largest trade lane, European officials warn. It’s been 200 years since pirates operated in the Mediterranean, but recent developments in North Africa suggest the Islamic State of Iraq and Syria could launch attacks on commercial and passenger...
• Maritime piracy falls to eight-year low January 15, 2015
  Maritime piracy fell to an eight-year low in 2014 as a continuing decline in attacks off Somalia offset a surge in ship hijackings in Asian waters. Attacks against small tankers off South East Asian coasts saw global hijackings rise to 21 in 2014 from 12 in 2013, according to the International...
• Weekly wrap-up: ILWU-PMA talks, 2M’s FMC approval and intermodal issues October 11, 2014
  Events on the U.S. West Coast dominated on JOC.com this past week, as labor negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association could finally be heating up. Five of the Top 10 stories on JOC.com in the past week focused on the issue. This round of...
• Report: Rise in West African piracy requires new industry approach October 5, 2014
  With piracy in West Africa on the rise, a newly released report highlights how pirate attacks in the Gulf of Guinea are far more violent than in Somalia and less-focused on ransom, requiring the industry to take a different approach to curb attacks. The set of standards, a 12-page document entitled...
• Weekly wrap-up for July 19: ILWU talks skew import volumes, Horizon faces debt crisis July 19, 2014
  While it is obvious that beneficial cargo owners shipped early this year through the West Coast in anticipation of the July 1 deadline for contract negotiations between the International Longshore and Warehouse Union and waterfront employers, reports of cargo surges at Canadian and U.S. East Coast ports in May and...
• European shipowners press lawmakers on security plan June 20, 2014
  European shipowners are asking the European Parliament and the Council of Ministers to endorse a maritime security plan aimed at safeguarding ships around the globe. The European Commission and the European External Action Service joined forces to write the security plan earlier this year. Today, the European Community Shipowners Association asked...
• Container ship crew held by pirates finally freed June 9, 2014
  Eleven sailors from the Malaysia-flag container ship Albedo held hostage for more than three years by Somali pirates have arrived safely in Kenya, according to mediators who helped secure their freedom, Al Jazeera reported. The 1,066-TEU vessel, which had a 23-man crew when it was attacked, was hijacked about 1,500 kilometers off...
• Poseidon Marine Security launches ProtectaDeck February 4, 2014
  Manchester - UK – Poseidon Marine Security has launched a global marketing campaign for its new product ProtectaDeck, an anti-piracy barrier for the shipping industry to protect vessels and oil rig platforms from the increased number of piracy attacks throughout the world . ProtectaDeck prevents intruders from boarding, is inexpensive, as well...
• Japan's New Anti-Piracy Law Set to Take Effect November 27, 2013
  Japan’s new anti-piracy law will take effect on Saturday, 17 days after it was enacted by the Diet, the nation’s parliament, the transport ministry announced this week. The new law will allow private armed guards to board Japanese-registered oil tankers and other cargo ships in waters off Somalia and elsewhere. Under the...
• India Arrests US Anti-Piracy Vessel, Crew October 21, 2013
  Ten crew members and 25 security guards aboard a ship engaged in anti-piracy services were arrested in Chennai Oct. 18 after they failed to produce proper documents allowing them to carry weapons, Indian authorities said. The MV Seaman Guard Ohio is owned by Washington-based AdvanFort International, and flies the Sierra Leone...
• IMB Reports Decline in Global Piracy But Rise Off Nigeria October 18, 2013
  Global piracy has fallen to a seven-year low, but attacks off the coast of Nigeria have surged by a third, the International Maritime Bureau said. There were 188 piracy incidents in the first nine months of 2013, down from 233 in the same period last year, and the number of hostages...
• Japanese Government Adopts New Anti-Piracy Bill October 17, 2013
  The Japanese government adopted a new anti-piracy bill at a cabinet meeting this week that would allow private armed guards to board Japanese-registered oil tankers and other cargo ships in waters off Somalia and elsewhere. The government will seek to have the bill enacted during an extraordinary session of the Diet,...
• Belgium Arrests Alleged Pirate Boss in Movie Sting October 15, 2013
  A suspected Somali pirate chief has been arrested in Belgium after he was lured to the country by police posing as filmmakers who wanted him to star in a documentary about his exploits. Mohamed Abdi Hassan, known as “Afweyne” or “Big Mouth,” allegedly has pocketed millions of dollars in ransom payments...

News from Lloyd’s List – Containers

• Box lines add record capacity in fourth quarter October 26, 2020
  After overshooting on capacity reductions during the peak of the pandemic, container lines have not only restored blanked sailings but...      Related StoriesThe Lloyd's List Podcast: Where the Greeks lead, others followLloyd’s List launches Decarbonisation Survey in search of carbon clarityThe week in charts: Buoyant US container throughput; cargo insurance claims 
• The week in charts: Buoyant US container throughput; cargo insurance claims October 23, 2020
  US west coast ports saw an increase in container throughput last month, but there is a growing gap between imports...      Related StoriesBox lines add record capacity in fourth quarterThe Lloyd's List Podcast: Where the Greeks lead, others followLloyd’s List launches Decarbonisation Survey in search of carbon clarity 
• No need for alarm as container lines return to the shipyards October 23, 2020
  Several leading containership owners are in talks with Chinese and South Korean yards about newbuilding programmes for vessels of up...      Related StoriesPosidonia Forum: Priorities for an industry in the spotlight 
• State aid for shipping nears $10bn during pandemic October 23, 2020
  Several shipping sectors have been bailed out with financial support during the health crisis, but with few terms attached, aid...      Related StoriesBox lines add record capacity in fourth quarterThe Lloyd's List Podcast: Where the Greeks lead, others followLloyd’s List launches Decarbonisation Survey in search of carbon clarity 
• Container freight rates remain near record highs as peak season runs on October 23, 2020
  Golden Week usually marks the end of the container shipping peak season. This year, however, box freight rates on the...      Related StoriesStowaways held as UK special forces end tanker ‘security incident’Italy LNG bunkering on track with Toscana green lightItaly LNG bunkering on track with Toscana greenlight 
• Ocean freight rollovers causing supply chaos for shippers October 23, 2020
  With container vessels full from Asia to the US and Europe, cargo owners and forwarders are struggling to secure slots...      Related StoriesStowaways held as UK special forces end tanker ‘security incident’Italy LNG bunkering on track with Toscana green lightItaly LNG bunkering on track with Toscana greenlight 
• OOCL boosted by surging rates October 23, 2020
  Revenue on the Asia–Europe and transpacific trades saw the biggest improvement among all routes, up 25.5% and 18.4%, respectively. The...      Related StoriesIMO's emission-cutting talks marked by dissentScorpio Bulkers continues fleet-sale programmeGet ready for the Lloyd’s List Posidonia Week Forum 
• Get ready for the Lloyd’s List Posidonia Week Forum October 23, 2020
  Lloyd’s List and the organisers of Posidonia present an engaging digital event featuring leading industry thinkers tackling the most important...      Related StoriesStowaways held as UK special forces end tanker ‘security incident’Italy LNG bunkering on track with Toscana green lightItaly LNG bunkering on track with Toscana greenlight 
• Port of Savannah stays ahead of the curve to increase throughput October 22, 2020
  Among efforts to increase capacity at GPA are the Savannah Harbour Expansion Project, now 75% complete and the Mason Mega...      Related StoriesBox lines add record capacity in fourth quarterThe Lloyd's List Podcast: Where the Greeks lead, others followLloyd’s List launches Decarbonisation Survey in search of carbon clarity 
• V.Group expands Costamare relationship to 41 vessels October 22, 2020
  Shanghai Costamare Management will be integrated into V.Group’s Shanghai office as part of the move      Related StoriesStowaways held as UK special forces end tanker ‘security incident’Italy LNG bunkering on track with Toscana green lightItaly LNG bunkering on track with Toscana greenlight 

News from Container Management

• Port of Barcelona reduces its carbon footprint by 20% October 26, 2020
  The Port of Barcelona has reduced its CO2 emissions by 20% and is planning to achieve further decreases through shore power, electric mobility and use of liquefied natural gas (LNG). The Spanish hub has become the first port in the world to receive a Lean & Green initiative award, promoted  by the Association of Manufacturers […]
• TT Club highlights factors behind reefer cargo losses October 26, 2020
  Analysis of freight transport and logistics insurer TT Club’s claims records over the past three years shows that miscommunication of operational instructions and temperature setting errors account for more than half of all temperature-controlled cargo losses. Almost 30% of these incidents involved a miscommunication of operational instructions on care of the cargo with a further […]
• Port of Tilbury backs HS2 development citing rail freight potential October 23, 2020
  The Port of Tilbury has backed the controversial HS2 rail development between London, Birmingham, Manchester and Leeds, highlighting the creation of space on the UK’s existing railway network for more freight by rail through its new track and fast inter-city passenger service. Construction on the project, which was estimated to cost £106bn (US$140bn) by a […]
• Red Hook Terminals modernises operations with Octopi’s cloud-based TOS October 23, 2020
  Red Hook Terminals has subscribed for Octopi’s cloud-based terminal operating system (TOS) at its Newark, NJ and Brooklyn, NY locations. The terminal operator, which will implement Octopi, part of Navis, at two of its terminals by 2021, is able to handle any size or type of cargo to serve beneficial cargo owners and shippers east […]
• Imports drive record month at Port of Long Beach October 22, 2020
  September marked the busiest month ever at the Port of Long Beach, capping off the most active quarter in the US West Coast hub’s 109-year history, bolstered by a double-digit rise in imports. The port handled 795,580 teu in September, representing an increase of 13%, while 2.27m teu was handled over the third quarter of […]
• Port of Rotterdam suffers 9% drop in volumes for first three quarters of 2020 October 22, 2020
  Throughput at the Port of Rotterdam in the first three quarters of 2020 has declined by 8.8% compared to the same period last year. The port handled 322.3m tonnes in the first nine months of the year with crude oil, iron ore, coal and mineral oil products among the main categories to record a decline […]
• US charges six Russians for NotPetya cyberattack in 2017 October 21, 2020
  Six Russian intelligence agents have been charged by the US Department of Justice over several cyberattacks in recent years including the NotPetya malware attack in 2017, which cost Maersk around US$300m. The attack brought down Maersk’s IT systems and caused multiple APM Terminals (APMT) facilities to close for days, resulting in global supply chain chaos. […]
• Antwerp tests and develops new private 5G network October 21, 2020
  The Port of Antwerp, the City of Antwerp, the Antwerp Police and the Antwerp Fire Department are developing and testing a private 5G network. The network, named ‘Minerva’, is currently being developed and tested by technology company iSea in collaboration with Ericsson and aims to help further develop the partners’ existing digital applications as well […]
• Congo Terminal receives two new RTGs October 20, 2020
  Congo Terminal, which operates the container terminal at the Port of Pointe-Noire, has received two new rubber-tyred gantry (RTG) cranes, boosting its yard capacity and helping to improve operational flows. The two Konecranes units, financed by Congo Terminal to the tune of CFA2.6bn (US$4.7m), will strengthen the stevedoring capacities of the terminal, which is a […]
• Comagnie Fruitière banana ripening facility completed at DP World London Gateway Logistics Park October 20, 2020
  Leading supplier and ripener of bananas Comagnie Fruitière UK has taken occupation of a 69,718 sq ft ripening facility at DP World London Gateway. The new ripening centre, set to be fully operational by 2021, will replace the company’s existing operation in Dartford and will help reinforce Comagnie Fruitière’s approach to a vertically integrated supply […]
• CMA CGM and MSC complete integration to TradeLens October 19, 2020
  CMA CGM and MSC have now integrated onto the TradeLens blockchain-based platform, aiming to ensure a more fully integrated, timely and consistent view of logistics data for their containerised freight around the world. Their integration to the digital platform, which was jointly developed by IBM and A.P. Moller-Maersk, means that data on nearly half of […]
• Drewry adjusts container throughput forecast in light of better than expected Q2 October 19, 2020
  World container port throughput has subverted expectations for the second quarter of 2020, registering a smaller decrease than envisaged of around -8% year-on-year, Drewry has reported. Earlier forecasts in June anticipated a drop of 16% and, while not a full recovery, the port performance for the first half of 2020 was sufficiently good enough for […]
• Hapag-Lloyd upgrades forecast for financial year 2020 October 16, 2020
  Hapag-Lloyd has upgraded its forecast for the 2020 financial year due to the container shipping market performing much better than expected in the third quarter. Although volumes were 3% lower than in the same period in 2019, the total was much better than what had been expected some months ago. There has also been much […]
• Nokia launches temperature detection solution October 16, 2020
  Nokia has announced an automated, zero-touch elevated temperature detection solution designed to help spot potential COVID-19 infections in facilities with thousands of people, such as ports. The Nokia Automated Analytics Solution for Access Control streamlines and fully automates the process of identifying people with elevated temperatures and confirms mask compliance in large environments with multiple […]
• ICTSI Ecuador to upgrade infrastructure at Port of Guayaquil October 15, 2020
  Contecon Guayaquil (CGSA), a subsidiary of International Container Terminal Services, Inc. (ICTSI), has signed an investment contract with the Ecuadorian state to further develop the Port of Guayaquil with works to heighten cranes, reinforce the docks and deepen the pier’s draught. As part of a three stage project, the operator is investing US$18m to boost […]
• Port of Rotterdam aims to significantly increase use of shore-based power by 2030 October 15, 2020
  The Port of Rotterdam Authority and the Muncipality of Rotterdam, have begun working together on the joint rollout of shore-based power for sea-going vessels in Rotterdam. The partners will be initiating a series of projects over the next five years which are intended to accelerate and scale up the adoption of shore-based power. Allard Castelein, […]
• South Africa remains top hotspot for cargo crime October 14, 2020
  The COVID-19 pandemic and the impacts of lockdowns and a decline in the economy has only intensified South Africa’s vulnerability to cargo theft, a report by TT Club and BSI has found. South Africa ranks among the top countries in the world, and the first on the African continent, for BSI’s forecasted losses due to […]
• Maersk profit forecast raised although 2,000 redundancies planned October 14, 2020
  Maersk has upgraded its profit forecast for 2020 based on preliminary Q3 figures and the current outlook for Q4, with its ocean business benefitting from a faster rebound than expected as well as high freight rates. Full year 2020 EBITDA is now expected to be between US$7.5-8.0bn before restructuring and integration costs, after previously being […]
• APM Terminals upgrades container tracking platform October 13, 2020
  APM Terminals (APMT) has made a personalisation option available as part of its roll-out of a standardised container tracking system for customers, enabling customers to save containers to a watchlist and set up email notifications. Aiming to save time and optimise container flow, more than 22 of the company’s terminals provide access to container tracking, […]
• Suspension of industrial action at Port Botany set to ease built-up congestion October 13, 2020
  The suspension of industrial action at DP World Australia and Patrick Terminals has seen some productivity and capacity improvements at Port Botany following weeks of built-up congestion. As of October 10, DP World Australia expects to have cleared its backlog within 10-14 days and Patrick Terminals is experiencing up to 21 days delay in scheduled […]

News from CN – Container News

• The role of asset tagging in asset management October 26, 2020
  There are standards of business that need to be followed to do well in the industry. Every company has its own recipe for success. Do you probably think what the secret ingredients are? To operate smoothly, you have to start with strategic planning, setting up an official business entity, managing finances, investing in software, and […]
• IMO concludes draft carbon deal, in face of green lobby objections October 26, 2020
  Delegates at the International Maritime Organization (IMO) intersessional meeting have agreed draft measures on cutting the carbon intensity from existing ships, amid some acrimony over the discussions as the environmental lobby pressure shipping to do more. The latest proposals are expected to be agreed at the next Marine Environment Protection Committee (MEPC) 75 set for […]
• Aussie unions and carriers return to the negotiating table October 26, 2020
  A two-day Australian Fair Work Commission (FWC) hearing due to start in today has been cancelled following an agreement between the Maritime Union of Australia (MUA) and Patrick Terminals to start new negotiations. According to carrier representatives, Shipping Australia Limited (SAL) the FWC was due to begin deliberations whether to grant Patrick Terminal’s request to […]
• Empty boxes backlog in Australia intensifies due to congestion October 26, 2020
  Recent industrial action has caused a massive backlog of empty containers in Sydney and to a lesser extent in other capital city ports in Australia, according to Shipping Australia Limited (SAL). Ocean shipping companies lose money and revenue-earning opportunities if empty boxes are uselessly hanging about in the country and SAL said in its announcement […]
• PIL revamps African regional service October 26, 2020
  Cash-strapped Singaporean liner operator Pacific International Lines (PIL) continues its restructuring with the closure of its Far East-Indian Ocean-Mozambique (MZS) service, opting instead to cover Mozambique and Madagascar with a weekly feeder service. PIL will continue to offer a link between the Far East and the two African countries through transhipment in Mombasa, in connection […]
• ONE to launch new intra-Asia service in November October 26, 2020
  The Singapore-based container line, Ocean Network Express (ONE) has announced its new weekly China - Indonesia - Malaysia (CIM) service. ONE's new product will launch on 14 November and will offer direct connections from the southern part of China to Indonesia and Malaysia. The rotation of the new CIM service will be Hong Kong – […]
• Houston achieves volumes record in September October 26, 2020
  The Port of Houston has marked a new monthly record for September, handling 254,400TEU, which is a 1% increase on the previous record in the same month last year. Despite the negative effects of the Covid-19 pandemic, which has caused a 3% deterioration in the yearly volumes at the port, September volumes were positive, while […]
• Bolero expands its eBL blockchain network October 25, 2020
  Bolero International has announced new partnerships with two blockchain companies CommChain and Envoy to embed electronic bills of lading into their blockchain-based digital trade platforms built on R3’s Corda. Australian start-up CommChain and Envoy, based in Latin America, will use Bolero’s electronic bill of lading as-a-service in their highly advanced digital trade platforms built on […]
• Information sharing communities and digital supply chain visibility October 23, 2020
  Supply chain operations can be complex. Especially where multi-modal transport is necessary, and where dynamic decision making is required for the routing of goods in-transit. These supply chain operations are pursued in an environment that can be characterised as a self-organising ecosystem. Connections between various (local) data sharing environments in networks of networks enable stakeholders […]
• Red Hook Terminals selects Octopi’s TOS October 23, 2020
  Red Hook Terminals has signed a subscription agreement for the Octopi cloud -based terminal operating system (TOS) by Navis at its Newark, New Jersey and Brooklyn, New York locations. The American terminal operator has selected Octopi’s TOS because it offered a solution that would help its business become more dynamic and remain competitive in the […]

News from Tradewinds

• Shipping stumbles into earnings season looking for investor catalysts October 26, 2020
  Scorpio Bulkers and Golar LNG will have interesting things to say, but tanker owners won't be able to tout the usual winter market
• Hafnia, BW Group and Shell call for winning ideas on women in maritime October 26, 2020
  Trio plan to put best proposals to a judging panel for an award and a chance to translate these into reality
• Winter could be a 'serious dud' for tankers, with weak rates expected October 26, 2020
  November's freight forward arrangements for tankers suggest only breakeven levels for VLCCs
• VLCC owner Bahri hails 'remarkable' 300% jump in profit October 26, 2020
  Saudi Arabian group says 2020 has been very strong so far, and even weaker third quarter saw earnings rise
• Shipping groups take a swipe at 'vague' and 'disappointing' IMO climate deal October 26, 2020
  Bimco says questions remain after last week's meeting, while Danish Shipping believes owners are worried
• AI caramba! Life hots up for new DSME worker October 26, 2020
  On Watch: TradeWinds occasional column taking a sideways look at shipping news
• P&O Maritime reveals $30m of wind vessel charters in Taiwan October 26, 2020
  Dubai offshore owner says contracts are a 'significant win' for its diversified fleet
• OOCL volumes up nearly 10% in third quarter despite pandemic October 26, 2020
  Hong Kong container line posts stronger figures as sector continues strong recovery
• High Court allows John Fredriksen to pursue fraud lawsuit October 26, 2020
  John Fredriksen is getting a long-delayed second shot at two oil traders he accuses of defrauding him of over $340m
• Hunter Group takes more VLCC cover as 'challenging' period looms October 26, 2020
  Norwegian owner adds to period backlog at $30,000 per day

News from Transport Topics

• With Fully Autonomous Driving Distant, Lidar Finds Its Place October 26, 2020
  The promise of self-driving cars and robotaxi fleets once seemed just around the corner, but reality is setting in. Makers of the underlying technology are pivoting to more realistic ways of making money in the here and now.
• Mack Makes FlowBelow Factory-Installed Option October 26, 2020
  Mack Trucks announced the availability of a factory-installed FlowBelow Tractor AeroKit package on its Mack Anthem highway models, further improving fuel efficiency by up to 2.23%.
• Crossword Puzzle Solution for October 26, 2020 October 26, 2020
  Here's the solution to the crossword puzzle found in October 26, 2020 print edition.
• Haldex Posts Q3 Net Loss as Production Falters in Key Markets October 26, 2020
  Braking systems and air-suspension supplier Haldex reported a net loss on lower revenue in the third quarter.
• Perspective: Keeping the Industry Moving October 26, 2020
  The year 2020 has been one of endless challenges, even though it began with tremendous optimism that portended a year of record growth for the trucking industry.
• Tropical Storm Zeta Threatens Mexican Resorts, Louisiana October 26, 2020
  Tropical Storm Zeta gathered strength as it bore down on the Mexican cities of Cozumel and Cancun, where it was forecast to dump heavy rain before turning north to threaten the U.S. Gulf Coast from Louisiana to Mississippi with another direct hit.
• FHWA Awards $6.5 Million for State Highway Innovation Projects October 26, 2020
  Seven states and the Pawnee Nation of Oklahoma have been awarded funding through the Federal Highway Administration’s Accelerated Innovation Deployment Demonstration program.
• Elon Musk Cruises to $11.8 Billion Haul, Is Now World’s Fourth-Richest Person October 26, 2020
  Tesla Inc.’s Elon Musk collected the fourth tranche of his moonshot award this month, bringing his aggregate haul to $11.8 billion.
• Driver Whose Truck Entered Crowded Protest Faces Charges October 26, 2020
  A Minnesota tank truck driver is facing charges in a case where his truck entered a stretch of road that had not been closed to traffic amid a demonstration against Minneapolis police in the wake of the death of George Floyd.
• Oil Slumps Below $39 on Surging Virus and Libya Restart October 26, 2020
  Oil extended its slide to a second day on a cocktail of surging coronavirus cases in the U.S. and Europe, dwindling prospects for pre-election stimulus in Washington and a steady resumption of supply from Libya.
• Trucking’s Digital Transformation Is Unlocking Next Level of Efficiency October 26, 2020
  The digital transformation of the commercial transportation industry is setting the stage for further innovation that promises to unlock new levels of freight efficiency, technology executives said.
• Rush Records Lower Profit on Reduced Revenue October 26, 2020
  Truck dealership Rush Enterprises posted lower net income and revenue as it forecast a gradual recovery from the effects of the COVID-19 pandemic.
• FMCSA Endures Busy, Challenging Year, Agency’s Top Official Says October 23, 2020
  It’s been a busy but productive year for FMCSA officials, Deputy Administrator Wiley Deck said Oct. 23 during American Trucking Associations’ Management Conference & Exhibition.
• Teleo Capital Completes Acquisition of Rand McNally October 23, 2020
  Rand McNally announced its acquisition by private equity firm Teleo Capital is completed, and that Teleo named Joseph Roark chairman of the 164-year-old company.
• Driver Coaching Takes Personal Touch, Positivity, Panelists Say October 23, 2020
  Coaching programs should be geared to the drivers who are receiving training, according to panelists at American Trucking Associations’ Management Conference & Exhibition.
• Pelosi, Mnuchin Trade Blame as Stimulus Negotiations Stall October 23, 2020
  U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin Oct. 23 put the onus on each other to re-energize flagging stimulus talks as prospects for action on virus relief legislation before the election are fading fast.
• Daimler Records Higher Net Income on Lower Revenue in Q3 October 23, 2020
  Daimler AG reported higher net income on lower revenue in the third quarter as core markets began to recover from the impact of COVID-19.
• Traffic Eases Amid Pandemic, but Trucking Insurance Costs Still on Upward Trajectory October 23, 2020
  Reduced highway traffic during the ongoing COVID-19 crisis has lowered the risk of crashes, but this silver lining of the pandemic has provided only a temporary reprieve for trucking companies that have seen escalating insurance costs in recent years.
• Startup Harnesses Data, Telematics in New Insurance Model for Fleets October 23, 2020
  High Definition Vehicle Insurance, launched in 2018, focuses on small and midsize trucking fleets.
• Rep. James Clyburn Presses Cargo Carriers on COVID-19 Relief Aid October 23, 2020
  Rep. James Clyburn (D-S.C.), chairman of the Select Subcommittee on the Coronavirus Crisis, called on four cargo airlines to return pandemic relief aid.