A trans-Atlantic underwater tunnel able to support a hyperloop system is being tested by the Maritime Research Institute Netherlands (Marin), with researchers hoping for a consortium to develop the project and highlight that this mean of transport can act as a less polluting alternative to air travel.
Ahead of the European Parliament’s hearings of the commissioners-designate, a coalition of more than 40 European associations and organisations reiterated their call for a strong transport budget. The budget will be decided by the upcoming negotiations of the Multiannual Financial Framework.
Following a report on Maritime Subsidies in OECD countries by the International Transport Forum (ITF) questioning the effectiveness of the EU state aid guidelines (SAG), ECSA noted that the SAG are a profoundly effective instrument to boost the European shipping sector in a highly competitive global environment.
UK-based maritime and freight transport consultancy MDS Transmodal announced the launch of its Port Liner Shipping Connectivity Index (Port LSCI) web application, developed jointly with UNCTAD, which allows subscribers to understand the factors that affect a port’s rating on the index.
Smart Freight Centre and the World Business Council for Sustainable Development released the Smart Freight Procurement Guidelines, and BSR released the Sustainable Freight Procurement Framework. These tools seek to enable organizations to reduce GHG emissions and air pollutants through their freight transport.
As part of its investments to improve transportation infrastructure, the Government of Canada announced an investment of $20 million to increase rail capacity near Abbotsford resulting in a significant increase in overseas trade to and from terminals in the Port of Vancouver.
Arctic Circle talks about the Northern Sea Route, lying between Arctic waters and within Russia’s exclusive economic zone. The Route has seen a significant economic growth the last years, which also affected population change, which in this area chooses to leave for the hinterland.
As part of its efforts to support jobs and economic growth, the Government of Canada announced a major investment of $102 million for five projects aimed to increase efficiency at the Port of Vancouver and move Canadian goods to international markets.
Virgin Hyperloop One announced its partnership with Saudi Arabia’s Economic City Authority (ECA) on a study to construct the world’s longest test and certification hyperloop track, and also a research and development center and hyperloop manufacturing facility north of Jeddah.
Technology giant IBM issued a new video explaining how new technology trends, like Artificial Intelligence, Internet of Things and Blockchain, are expected to transform the consumer goods industry in a current landscape, where consumer demand pushes for more and more innovations in the industry.
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