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Hyundai Motor Group will spend $1.6 billion to develop autonomous vehicles with Aptiv Plc, marking one of the biggest investments yet by a traditional carmaker into the burgeoning robocar industry.

Volvo AB is ready to start trialing full-size driverless buses in Singapore, helping the city state take a step forward in the race to deploy autonomous public transport.

The world’s biggest shipbuilder sees China’s cleanup of its smoggy skies lifting prices of the vessels this year.

Cosco Shipping Holding Co. plans to sell as much as HK$7.43 billion ($947 million) of shares in Orient Overseas International as part of efforts by China’s biggest container-shipping line to maintain the listing status of the rival it is acquiring.

Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents.

Hong Kong is poised to lose its ranking as the world’s fifth-busiest container port if cargo-handling trends continue.

A massive consolidation is underway in the $500 billion global industry and the survivors now enjoy big economies of scale and increased demand, one year after excess capacity caused the sector’s worst-ever crisis - the bankruptcy of South Korea’s Hanjin Shipping Co.

Cathay Pacific Airways Ltd. agreed to buy out the stake owned by partner DHL International GmbH in a cargo venture as the premium Asian carrier revamps its operations as part of a three-year transformation program.

Korea Line Corp., South Korea’s second-largest bulk carrier, won a bid for some assets of Hanjin Shipping Co. in a bankruptcy sale supervised by a South Korean court.

Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most of its chartered vessels to owners in the weeks after its bankruptcy filing.