Tag: featured

February 20, 2024

Through January, cargo traveling through the San Pedro Bay Port complex and destined for local delivery via truck spent an average of 2.89 days at port terminals, translating to a slight uptick from December’s average of 2.69 days. The January […]

February 19, 2024

As nations around the globe continue to grapple with the effects of climate change, the enormous appetite for oil and natural gas is locking horns with the ever-increasing desire to transition away from fossil fuels and move to low-carbon and […]

February 19, 2024

CMB.TECH announces the order of the world’s first ammonia-powered container vessel in partnership with Yara Clean Ammonia, North Sea Container Line and Yara International through a 15-year deal. The vessel, to be named Yara Eyde, is a 1,400 TEU ice-class […]

February 14, 2024

Container volumes from ten major Asian countries to the United States reached 1.65 million TEUs in January, marking a 15.6% increase compared to the previous year, while overall US imports amounted to 2.27 million TEUs, showing a 9.9% year-on-year growth. […]

February 13, 2024

The owner of an Ohio trucking company pleaded guilty in federal court to wire fraud, admitting his role in a scheme to overbill shippers and consolidate shipments headed for Amazon warehouses and Bath & Body Works stores. The fraud cost […]

February 13, 2024

In 2020, 2021 and 2022, it seemed like every day brought an announcement of a new merger or acquisition. That made sense given that it was insanely cheap to get capital and there was more than enough to go around. […]

February 12, 2024

According to Reach Subsea, Northern Maria is a versatile survey vessel with a 20-ton crane and sufficient accommodation and deck capacity, suitable to meet client requirements within both the renewable energy and oil & gas sectors and is an important […]

February 12, 2024

The U.S. Department of Transportation‘s (USDOT) Federal Transit Administration (FTA) has unveiled a historic investment of approximately $1.5 billion to revitalise U.S. transit vehicle manufacturing, particularly focusing on zero-emission buses, bus facility development and workforce enhancement. This funding, made possible […]

February 7, 2024

New data from Lloyd’s List Intelligence shows an acceleration of tankers diverting away from the Red Sea. Since Jan. 12, when the first of three U.S.-led military strikes began on Houthi land targets, more than 106 tankers have changed routes […]

February 7, 2024

Researchers at Kyushu University have found that Japan’s current policy of stopping the sale of gas vehicles by 2035 and transitioning only to hybrids and electric vehicles may be insufficient to reduce the country’s CO2 emissions and prevent it from […]

February 6, 2024

Federal Reserve Chair Jerome Powell said Sunday his committee is unlikely to consider cutting the federal funds rate at its next meeting in March. The implication from his remarks in a “60 Minutes” interview was that the board would not […]

February 6, 2024

I first rode an e-bike after a day out exploring the fells on foot a few years ago. Instead of driving back to my accommodation, I traveled 40km through the Lake District on an e-bike and I was surprised by […]

February 5, 2024

For the first 30 or so months of her tenure, UPS CEO Carol B. Tomé had the wind at her back. For the past year, however, a gale force storm has been blowing right at the company. The question is […]

January 31, 2024

Pennsylvania Gov. Josh Shapiro’s 2024-25 budget proposal would increase public transit funding by 1.75 percent, a $282.8 million investment, and provide nearly $1.5 billion in new state funding over five years. The proposal would deliver the funding needed to avoid […]

January 30, 2024

In the past 15 months, no one has been more responsible for safety on the nation’s roads than Ann Carlson. For much of that time she has served as acting administrator of the National Highway Traffic Safety Administration, where she […]

January 30, 2024

The New Mexico Department of Transportation (NMDOT) recently completed a $2.7 million truck parking initiative along Interstate 10. “NMDOT is excited to implement this first-of-its-kind system in New Mexico and is committed to finding and implementing technology to support safety […]

January 30, 2024

Rail is often characterized as one of the more “old school” transportation options, but recent developments in the space have challenged that narrative. Railroad giant CSX, for example, is dedicated to investing both financial and human capital into a myriad […]

January 29, 2024

Intelligent Transportation systems (ITS) have shown great potential in smart cities in recent years. Using information processing and communication technology, ITS significantly improves the quality of urban traffic operation and service. Autonomous vehicles (AVs), a key component of ITS, are […]

January 24, 2024

Truckload carrier Covenant Logistics Group beat fourth-quarter expectations for profit and revenue, “despite the lingering weakness in the overall freight environment,” according to Tripp Grant, executive vice president. Chattanooga, Tennessee-based Covenant (NASDAQ: CVLG) reported fourth-quarter earnings after the market closed […]

January 24, 2024

In a most recent move for shipping data providers, multinational tech corporation ABB has acquired the shipping business of weather and meteorological forecasting specialist DTN. ABB acquired the shipping business of DTN Europe and DTN Philippines expanding the company’s offering […]