Seoul seeks ways to pool resources of the nation’s top three shipbuilders
As it sees its global market share heavily eroded by China, the South Korean government is looking to pool resources among its leading shipbuilders to remain co...
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Omnitracs, Platform Science IP lawsuit may have reached the end of the road
The long-running intellectual property dispute between technology providers Omnitracs and Platform Science has potentially come to an end. A California federal ...
OOIDA’s latest move against AB5 focuses on leased owner-operators in California
The latest brief by the Owner-Operator Independent Drivers Association in its last-ditch battle against California’s AB5 independent contractor law is a mix o...
Subsea 7 gets work on Turkish offshore gas field
Offshore engineering and services player Subsea 7 has won a contract for the inspection, repair, and maintenance services for the Sakarya gas field development ...
U.S. weekly rail traffic again up compared to 2023
This story originally appeared on Trains.com.WASHINGTON — U.S. weekly rail traffic remains ahead of 2023 levels for the week ending Dec. 21, 2024.Accordin...
Benchmark diesel’s slide continues; dollar’s strength now a key factor
Diesel markets may seem stable, as the week-to-week moves in the benchmark price have been relatively restrained, but that may mask the fact that the two-month ...
Unifor ratifies new deals with CN
Members of Canadian union Unifor have ratified new four-year agreements with Canadian National Railway, the union and railroad have announced.The Montreal-based...
Gatego goes live, CEO addresses inefficiencies in yard operations
Yard management technology provider Gatego announced Monday it has launched its gate management system after years of piloting the technology with undisclosed p...
Saipem back in business in Brazil
A Brazilian court has informed Italian offshore engineering and construction giant Saipem that it can resume normal operations in Brazil.Saipem was suspended fr...
WARN Act claims against Yellow likely to be reduced
There are still questions surrounding claims from Yellow Corp.’s former employees who say they weren’t properly notified ahead of mass layoffs in July 2023....
Aker Solutions nets new deal in Norway with Vår Energi
Norway’s Aker Solutions has signed a contract for maintenance and modification services on Vår Energi’s Jotun, Balder, and Ringhorne assets in the sou...
Moody’s upgrades Hapag-Lloyd’s rating
The rating agency Moody’s Investors Service has raised Hapag-Lloyd’s credit rating by one notch from ‘Ba2’ to ‘Ba1’.This is the highest cred...