Faced with a softening global economy and declining demand for consumer goods, the ocean carrier industry is responding with the formation of new vessel-sharing alliances intent on increasing efficiency and competitive advantage.
The San Pedro Bay ports and surrounding communities will benefit from a $23.6 million state grant to advance the testing of zero-emissions drayage trucks. In early May, the California Air Resources Board announced the grant to the South Coast Air Quality Management District to support the demonstration of 43 zero-emission electric battery and plug-in hybrid drayage trucks to accelerate commercialization of clean heavy-duty technology.
The Port of Long Beach has awarded nearly $360,000 in its latest round of community sponsorships to local organizations. A total of 83 groups representing the arts, environmental programs, education, social justice and historic preservation received funding during this round. Read more
EQT Infrastructure II Fund, a leading global private equity group, has announced plans to acquire Direct ChassisLink Inc. (DCLI), one of the three partners in the Pool of Pools interoperable chassis fleet serving the San Pedro Bay ports. The change does not alter the Pool of Pools agreement, which supplies a combined fleet of approximately 80,000 chassis to the nation’s busiest port complex. Read more
The U.S. Coast Guard has issued a Marine Safety Information Bulletin on the new container weighing requirements under the international Safety of Life at Sea (SOLAS) conventions. The new International Maritime Organization safety regulation, known as SOLAS Regulation VI/2, takes effect July 1. Read more