While Cool is “cash rich,” it is under pressure to fill the newbuild capacity it already has as well as what is scheduled to be delivered, writes analyst Richard Bright.
The carrier next week will roll out a premium express service from central China to complement the South China express service it relaunched late last year as spot rates continue to move higher.
The Los Angeles and Long Beach harbor commissions have each approved allocating $12.5 million to help fund the installation of about 200 charging stations to serve battery-powered trucks in the region.