shippers

China, Russia Carriers to Ship Gas on Arctic Route

China, Russia Carriers to Ship Gas on Arctic Route 0 0 La Chang

China is breaking into Arctic transport through a joint venture between the country’s biggest ocean carrier, Cosco Shipping Holdings Co., and its Russian counterpart PAO Sovcomflot to move natural gas from Siberia to Western and Asian markets.

The state-owned companies will operate a fleet of a dozen ice-breaking liquefied natural gas tankers from Russia’s massive Yamal LNG project along the northern coast of central Siberia to destinations in Northern Europe, Japan, South Korea and China. China Shipping LNG Investment Co., a Cosco unit, will operate another nine such vessels, according to maritime data provider VesselsValue Ltd.

Digital Freight Brokers Turn Physical With Truck Equipment Pools

Digital Freight Brokers Turn Physical With Truck Equipment Pools 0 0 La Chang

Digital freight marketplaces that connect shippers and truckers online are turning toward more physical operations by offering the equipment that cargo carriers need to move loads.

Freight-matching startups Convoy and Uber Technologies Freight division recently launched fleets of trailers that shippers can preload with goods to speed up cargo transfers for drivers and shippers on their networks.

It’s a notable shift for a sector best known for using apps, algorithms and machine learning to match shippers and truckers.