Maersk Line named Shipping Company of the Year at Automotive Supply Chain Global Awards
Maersk Line has won a prestigious Shipping Company of the Year award at the Automotive Supply Chain Global Awards for continuing to drive sustainability in shipping by cutting emissions and helping its customers lessen the impact of their supply chains.
Held at London’s plush Claridges hotel, and in front of 200 automotive executives from around the world, Maersk Line scooped the award and stood alongside other winners such as DHL Supply Chain, TNT Express, Jaguar Land Rover and Unipart Logistics.
The introduction of Triple E ships in 2013 and 2014 have set new standards on energy efficiency, while the company’s existing fleet is being retrofitted with new technologies to improve energy efficiency and environmental performance.
In 2013 Maersk Line reduced CO2 by 12 percent in the same year that it grew business by 4.1 percent. One Judge commented: “Maersk Line’s reliability, innovation and commitment to exceeding customer expectations is testament to what makes them a carrier of choice for many of the world’s automotive manufacturers.”
David Browne, sales director at Maersk Line UK and Ireland, collected the award on behalf of the company, and said: “We work with some of the biggest automotive manufacturers in the world, and we are delighted that has been recognised with this award. We are committed to supporting our customers’ businesses and helping them grow, and would like to thank them for their continued support.”
Maersk Line, which recently announced it had made £438 million profit in Q3 2014, works with original equipment manufacturers (OEMs) such as Ford, Nissan, Honda, Toyota, Hyundai and General Motors. In 2014 it was recognised by Ford for its work on the environment and CSR at the Ford World Excellence Awards in May 2014, the first carrier to ever receive recognition.
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Elon Musk's Boring Co. planning wider tunnels for freight
Elon Musk’s drilling outfit The Boring Company could be shifting its focus towards subterranean freight and logistics solutions, according to reports.
A Boring Co. pitch deck seen and shared by Bloomberg depicts plans to construct wider tunnels designed to accommodate shipping containers.
Founded by Tesla CEO Musk in 2016, the company initially stated its mission was to offer safer, faster point-to-point transport for people, particularly in cities plagued by traffic congestion. It also planned longer tunnels to ferry passengers between popular destinations across the US.
The Boring Co. completed its first commercial project earlier this year in April. The 1.7m tunnel system is designed to move professionals between convention centres in Las Vegas using Tesla EVs. It says the Las Vegas Convention Centre Loop can cut travel time between venues from 45 minutes to just two.
Boring Co.'s new freight tunnels
The Boring Co.'s new tunnel designs would allow freight to be transported on purpose built platforms, labelled as “battery-powered freight carriers”. The document shows that, though the containers could technically fit within its current 12-foot tunnels, wider tunnels would be more efficient. Designs for a new tunnel, 21 feet in diameter, show that they can comfortably accommodate two containers side-by-side, with a one-foot gap between them.
The Boring Co.’s new drilling machine, dubbed Prufrock, can tunnel at a rate of one mile per week, which is six times faster than its previous machine, and is designed to ‘porpoise’ - mimicking the marine animal by ‘diving’ below ground and reemerging once the tunnel is complete.
Tesla’s supply chain woes
Tesla is facing its own supply chain and logistic issues. The EV manufacturer has raised the price of its vehicles, with CEO Musk confirming the incremental hike was a result of “major supply chain pressure”. Musk replied to a disgruntled Twitter user, confused as to why prices were rising while features were being removed from the cars, saying the “raw materials especially” were a big issue.
Car manufacturing continues to be one of the industries hit hardest by a global shortage in semiconductor chips. While China’s chip manufacturing levels hit an all-time high in May, and the US is proposing a 25% tax credit for chip manufacturers, demand still outstrips supply. Automakers including Volkswagen and Audi have again said they expect reduced vehicle output in the next quarter due to a lack of semiconductors, with more factory downtime likely.
Top Image credit: The Boring Company / @boringcompany