New test program puts nuclear container ships on the horizon

A stealth project to develop alternative power for cargo shipping just went nuclear.  The U.S. Department of Transportation’s Maritime Administration and the Port of Long Beach have signed a Memorandum of Cooperation to develop small modular reactor (SMR) technology to power commercial vessels and port operations. “This first-of-its-kind partnership with Marad allows us to leverage […]

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Banana shipment from Ecuador to Europe concealed $290 million in cocaine

Italian authorities seized nearly 1,700 pounds of cocaine hidden inside a refrigerated shipping container carrying bananas at the Port of Vado Ligure, a commercial seaport on Italy’s northwestern Mediterranean coast, about 30 miles southwest of Genoa. Officers discovered 650 brick-shaped packages concealed among dozens of banana pallets. The container originated in Ecuador, one of the […]

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Why do tender lead times keep climbing

Chart of the Week: SONAR Tender Lead Time – USA SONAR: STLT.USA The SONAR Tender Lead Time index (STLT) tracks the gap, in days, between when a shipper tenders a load and the date they actually want it picked up. If a load is tendered on a Monday for Thursday pickup, that’s a three-day lead time. It’s […]

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Aurora races toward scale with new driverless hardware

Autonomous trucking has historically had a manufacturing problem: proving a truck can drive itself is one hurdle; building enough of them to matter is another. Aurora Innovation (NASDAQ: AUR) says its second-generation hardware finally closes that gap. It is engineered for a 1-million-mile operating life and built for volume production rather than pilot-scale trials. The […]

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Weak housing market hurts big and bulky last-mile delivery

Growth in last-mile delivery for big and bulky e-commerce items has slowed by half because stagnant home sales mean people are ordering fewer large-ticket discretionary items like furniture and appliances, cutting into profit margins, according to a report from Armstrong & Associates and the National Home Delivery Association.  Armstrong & Associates estimated the $10.6 billion […]

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