Tag: transportation

April 23, 2024

Universal Transit, a groundbreaking company founded by three innovative friends in New Jersey in 2020, is on a mission to revolutionize the auto transportation sector. With aspirations to raise $1.2 million through regulation crowdfunding (Reg CF) on Republic, this startup […]

April 22, 2024

Nobina, the pioneering Nordic public transport operator, has announced that it has secured a significant contract renewal with Stockholm Region (SL) to operate and enhance transportation services in Haninge and Nynäshamn. This new agreement underscores a shared commitment towards sustainability, […]

April 19, 2024

In his quarterly note to shareholders, Triumph Financial CEO Aaron Graft predicted that the headline on the earnings might be “TriumphPay swung to a loss this quarter” — one quarter after that growth segment at the trucking-focused bank had become […]

March 29, 2024

The Biden administration acknowledged that its aggressive push to decarbonize trucking will be costly — but that the federal government will be here to help. “The overarching challenge is aligning the market-driven desire from fleets to adopt zero-emission freight vehicles […]

March 27, 2024

Change is a constant in the transportation industry. Technological advancements, regulatory developments, environmental considerations and more require trucking businesses to continually adapt to an ever-evolving operational landscape. Staying informed is crucial to navigating change and thriving amid uncertainty. To that […]

March 26, 2024

In Maersk’s press release last week about a new warehousing facility in Tijuana, Mexico, one line stood out. It was sandwiched between a list of value-added services offered and a paragraph about the facility’s sustainable energy practices and certifications. “Alternatively, […]

March 22, 2024

Recently I wrote about the role of unified supply chain platforms, which enable convergence and help companies navigate the complex global market. The reality is that to streamline the supply chain, it requires not just unification of the technologies used […]

March 20, 2024

Pennsylvania state transportation officials and an operator from rabbittransit, a Pennsylvania regional public transportation provider, recently spoke about how Gov. Josh Shapiro’s budget proposal to invest in transit agencies would benefit Pennsylvanians. The proposal would invest an additional $282.8 million […]

March 13, 2024

Navistar Inc. and Plus, an autonomous trucking software company, are partnering to bring self-driving trucks to roadways in Europe and the United States. The companies announced the partnership Tuesday. Navistar, which is a member of the Traton Group — a […]

March 12, 2024

The product tanker market could see a rebalancing, as a result of shift in gasoline flows. In its latest weekly report, shipbroker Intermodal said that “the global gasoline market is in flux as major producers take steps to manage supply […]

March 11, 2024

The tanker market could be set for another shift, if Russia’s oil exports force buyers in China and India to look elsewhere. In its latest weekly report, shipbroker Gibson said that “with OPEC+ set to roll over existing production cuts […]

March 8, 2024

The minefield shipping faces in avoiding dealing with sanctioned entities has become far more treacherous in recent years. Exclusive data provided to Splash shows that the number of vessel-related sanctions has leapt by 380% in the 2020s so far. Splash […]

March 5, 2024

Sailing speeds of older ships in particular have slowed down considerably, as a result of the latest emission reduction rules. In its latest weekly report, shipbroker Intermodal said that “the integration of the Energy Efficiency Existing Ship Index (EEXI) and […]

March 1, 2024

With tight supplies of LNG constraining growth while maintaining prices and price volatility above historic averages, the UK oil major highlights that demand for natural gas has already peaked in some regions but continues to rise globally, after the global […]

March 1, 2024

Utilizing data from Container Trade Statistics (CTS) on the movement of full containers between regions, Sea-Intelligence estimated the corresponding trends in empty container movements. Empty container volumes, when compared to 2019 levels to mitigate the effects of pandemic-related volatility, have […]

February 29, 2024

Within a constantly changing world, public transport is an evolving sector. If you have an eye on mobility and how people move in their daily life, you will have heard this before. Here at the International Association of Public Transport […]

February 29, 2024

Owners of Ford electric vehicles can now use much of Tesla’s charging network in the U.S. and Canada, but there’s a hitch. They’ll need to get an adapter that Ford will provide for free, although the company won’t start shipping […]

February 29, 2024

Port Houston has kicked off the year on a high note, achieving record-breaking total container volumes in January. The month saw a remarkable total of 332,961 TEUs, marking a 4% increase compared to the same period last year. Notably, container […]

February 28, 2024

Transport and logistics provider DHL Group said Tuesday that it has relocated its Norfolk, Virginia, operations to a facility more than twice the size of its prior location. The $7.3 million investment increases shipment capacity and enables faster processing, resulting […]

February 28, 2024

Carriers have faced a range of industry and economic challenges over the past couple of years, forcing many fleets to operate on razor-thin margins. For these companies, the unforeseen maintenance costs and downtime accompanying dead truck batteries could be enough […]