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2 results for “operating costs”

Mexican truckers launch national strike over highway security, rising costs

Mexican truckers launch national strike over highway security, rising costs

Mexican trucking companies launched an indefinite nationwide strike Monday protesting highway insecurity, cargo theft, extortion and rising operating costs, with demonstrations planned in major freight hubs along the U.S.-Mexico border. The strike, organized by the National Chamber of Freight Transportation (CANACAR) and other trucking organizations, calls for demonstrations across Mexico, including Nuevo Laredo, Reynosa, Monterrey, Tijuana and Mexico City. The protests could disrupt freight transportation through some of North America’s busiest commercial corridors, particularly in Nuevo Lare

Helena Marsh

Jiahua Energy enters shipping with CIMC SOE newbuild

Jiahua Energy enters shipping with CIMC SOE newbuild

Chinese chemicals and energy group Jiahua Energy is moving into shipowning with an order for a 35,000 cu m carrier from CIMC Sinopacific Offshore & Engineering. The company has capped total investment in the vessel and pre-operating costs at CNY750m ($111m). Jiahua subsidiary Meifu Port & Storage will fund 60%, with three partners covering the …

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