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Hyperloop tests ultra high-speed transportation of freight

Hyperloop is a new ultra-high-speed mode of transportation that moves freight and people quickly, safely, on-demand and direct from origin to destination. In a hyperloop, passengers and cargo are loaded into a pod, and accelerate gradually via electric propulsion through a low-pressure tube. The pod quickly lifts above the track using

Heavy-Lift Drone startup for all-electric cargo challenger

A California startup promising to build an electric long-distance cargo drone announced yesterday that it has raised 140 percent of its initial angel funding goal. Sabrewing Aircraft Company CEO Ed De Reyes said the company had raised just shy of US$1 million from The Drone Fund, Integro LTD and two

First Siemens Gamesa Nacelle Born in Cuxhaven

Siemens Gamesa has completed the assembly of the first wind turbine nacelle in its offshore factory in Cuxhaven, Germany.  The company’s team at the factory first put the backend (cabin), generator and rotor hub together, and then ran the final test of the nacelle. In Cuxhaven, Siemens Gamesa is producing nacelles for its

Return Of Projects In The Oil & Gas Industry

It's been a tough three years for the oil and gas industry, which has been wracked by lower oil prices, a raft of bankruptcies and a lack of investor confidence. Stocks of oil and gas explorers and producers, oil and gas equipment and services providers, like the heavy lift & project freight industry and

Power Restoration in Puerto Rico

Crowley Maritime Corporation’s liner and logistics teams recently provided full supply chain management services for the first of several expected shipments of special cargo to help restore power in Vieques, an island located about eight miles from Puerto Rico, in the aftermath of Hurricane Maria. Crowley’s groups provided ocean transport, trucking,

World Economic Forum and Project Freight Industry

Headline economic indicators suggest the world is finally getting back on track after the global crisis that erupted 10 years ago. A broad-based pickup in GDP growth rates is under way, stock markets have never been higher and the world’s major central banks are cautiously preparing to unwind the exceptional

Boeing reveals heavy lift drone development

US aerospace manufacturer Boeing has revealed a prototype delivery drone able to carry heavy loads to difficult-to-reach destinations. The prototype drone, called a CAV (cargo air vehicle), is significantly larger than the delivery drones being trialed by companies like Amazon or Google. It measures in at 15 feet long (4.57m), 18 feet

Project logistics is becoming digital

The Bremer Project Logistics Freight-Forum has been focusing on process optimization through digitization during the gathering on 15 January. The topic has been about how companies can implement this strategically. When loading large, heavy industrial components and goods in general, which can no longer be stacked in a carton in a container, experience

China enters the hyperloop race

Even though hyperloop has not yet been officially launched in mainstream transportation systems in the United States, it has piqued the interest of the Chinese government enough to consider a 16-man passenger pod system using the Maglev technology, the Handy Shipping Guide reports, in a project undertaken by the state-owned China Aerospace

U.S. oil prices finish near $63, highest since 2014

Oil rallied on Tuesday, extending gains into a second consecutive session as expectations for an eighth-straight weekly drop in U.S. crude inventories helped send prices to another finish at a three-year high. February West Texas Intermediate crude CLG8, +0.76%  climbed $1.23, or 2%, to settle at $62.96 a barrel on the New York Mercantile