Goods once destined for Houston have wound up as far away as the Bahamas and Mexico (WSJ) - Houston’s Seaport may take weeks to fully recover from Harvey, a rare long-term disruption at a major U.S. shipping center that will exact a financial toll on thousands of retailers and manufacturers. Port Houston
Tag: Shipping
Autonomous cargo ships look to upend the logistics industry
The world's first semi-autonomous cargo ship could begin operating in the second half of 2018 and become fully autonomous by 2020, according to The Wall Street Journal. The ship was built by Yara International and Kongsberg Gruppen, two Norwegian firms, and is equipped with sensors, cameras, radar, and a global positioning system
Nigeria moves to reduce cost of aviation services, freight rates
The outcry for reduction in the cost of provision of major aviation services in Nigeria by its domestic airlines operators has finally received government’s attention. Nigeria’s acting President, Yemi Osinbajo, said on Monday that the aviation industry would play a significant role in the economic development of the country, hence efforts