Business

Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.

Orbcomm has entered into a definitive agreement to be acquired by private equity firm GI Partners, the company announced April 8.

C.H. Robinson has unveiled a tool and data model designed to help the transportation sector monitor and manage carbon emissions that was developed by the company’s technology incubator in collaboration with the U.S. Environmental Protection Agency and the Massachusetts Institute of Technology.

Michelin is intensifying efforts to make fuel cells as the French company bets that growing demand for hydrogen vehicles will help reduce its dependence on tires.