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Shipping

Euroseas Ltd. Says Container Shipping Rates Declined by almost 80% in Two Months

November 16, 2022

Via: Hellenic Shipping News

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced its results for the three and nine-month periods ended September 30, 2022. Third Quarter 2022 Financial Highlights: Total net revenues of […]


Shipping

Ship Recycling: Tonnage Availability Improves, But Few Takers on Hand

November 16, 2022

Via: Hellenic Shipping News

After a series of weeks with minimal to none activity, tonnage availability has finally began to filter through to the ship recycling market. However, not many scrapyards are willing takers. In its latest weekly report, shipbroker Clarkson Platou Hellas commented […]


Impact & Regulations

Diesel Dips 2¢ to $5.313 a Gallon

November 15, 2022

Via: Transport Topics

The national average price of diesel dipped 2 cents to $5.313 a gallon, according to Energy Information Administration data released Nov. 14. A gallon of diesel now costs $1.579 more than it did at this time in 2021. Of the […]


Shipping

T&E: 84% of global shipping emissions could be slashed without ‘ineffective’ IMO

November 15, 2022

Via: Offshore Energy

84% of shipping traffic goes through Europe, China and the US. If these economies were to regulate ships calling at their ports, they could decarbonise the lion’s share of the industry without the IMO, according to T&E, a European umbrella […]


Infrastructure

Study Says Charging Network Isn’t on Pace With Electric Truck Development

November 14, 2022

Via: Transport Topics

In December, Tesla Inc. plans to deliver the first of its electric Semi trucks — able to haul a full 40 ton-load some 500 miles on a single charge. These massive batteries-on-wheels may accelerate the transition to electrified transport, but […]


Shipping

Trailer Makers Use Composites, Materials to Extend Life, Limit Moisture and Overloading

November 14, 2022

Via: Transport Topics

Amid a challenging landscape of supply chain issues, manufacturers are extending the lives of trailers using products such as composite materials and galvanized elements. The most vulnerable element in a trailer is the floor, which is constantly attacked by moisture […]


Shipping

J.B. Hunt Plans Carbon Emission Intensity Reduction of 32% by 2034

November 14, 2022

Via: Transport Topics

J.B. Hunt Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14. The Lowell, Ark.-based transportation and logistics company will focus on three key areas to reach its emission-reduction […]


Shipping

Maersk: We need an end date for fossil fuels in shipping

November 11, 2022

Via: Offshore Energy

The only way to lower greenhouse gas emissions in shipping and entice companies to set zero-emission targets in the sector is by setting an end date for fossil fuels in the shipping industry through a global regulation, Maersk’s Chief Advisor […]


Shipping

Regional Rail expands footprint to include western Canada

November 11, 2022

Via: FreightWaves

Short-line owner and operator Regional Rail has acquired freight rail assets in western Canada from grain company G3 Canada. The acquisition from Winnipeg, Manitoba-based G3 Canada, which operates a network of grain elevators and port terminals, includes the Great Sandhills […]


Shipping

Comments come in from trucking sector on proposed DOL independent contractor rule

November 11, 2022

Via: FreightWaves

Doing a search on the word “trucking” embedded in comments on the Department of Labor’s proposed independent contract rule results mostly in criticisms of the proposal, but it’s far from unanimous. Most of the comments to the rule read by […]


Impact & Regulations

USDOT, White House Promote Infrastructure Workforce

November 10, 2022

Via: Transport Topics

The Biden administration recently launched initiatives designed to connect individuals with careers associated with infrastructure. The Department of Transportation and the White House outlined guidance to assist stakeholders seeking to enhance workforce programs. The administration’s efforts, announced this month, are […]


Shipping

Zero-emission hydrogen USV receives UK government funding

November 10, 2022

Via: Offshore Energy

SEA-KIT and Bramble Energy will implement outputs from a Round 1 project that marinized a printed circuit board (PCB) hydrogel fuell cell into a proof-of-concept USV design that meets the performance, reliability and cost-saving challenges of the global marine autonomy […]


Shipping

Trucking company to pay $7.7 million in case of wheel coming loose, striking vehicle

November 10, 2022

Via: FreightWaves

A Michigan jury recently awarded $7.7 million to a man who was seriously injured in 2018 when the wheel came loose from a box truck heading in the opposite direction, jumped the median and crashed into the front of his […]


Shipping

Chip Delivery Times Shrank Rapidly in October as Supply Crunch Subsides

November 10, 2022

Via: Transport Topics

Chip delivery times shrank by six days in October, the biggest drop since 2016, adding evidence that demand for electronic components is falling off quickly. Lead times — the gap between when a chip is ordered and when it is […]


Shipping

Transportation Trades Department asks Congress for regulation addressing rail service

November 10, 2022

Via: FreightWaves

Congress should consider implementing an annual “stress test” for the railroads to ensure that railroads have adequately invested in their infrastructure and people, according to policy position papers approved by the Transportation Trades Department (TTD) at a biannual meeting this […]


Shipping

PS Logistics adds Mississippi carrier, broker to portfolio

November 10, 2022

Via: FreightWaves

PS Logistics subsidiary P&S Transportation announced Thursday it has acquired the transportation assets of Clay’s Transport and Clay’s Logistics. The two entities, collectively known as Clay’s, are based in Brookhaven, Mississippi, providing flatbed transportation and brokerage services throughout the Southeast. […]


Infrastructure

New Mexico DOT awards more than $5M in EV charging station grants

November 10, 2022

Via: Transportation Today

The New Mexico Department of Transportation (NMDOT) recently awarded communities approximately $5.1 million statewide in Level Three Direct Current Electric Vehicle Charging Station (EVCS) Grant Program grants. The funds were distributed in the federal American Rescue Plan Act and are […]


Travel & Public Transit

Aviation drives Iowa’s economy, DOT report shows

November 10, 2022

Via: Transportation Today

A new report from the Iowa Department of Transportation shows that the aviation industry in Iowa not only provides essential services but also is a driver of the state’s economy. Aviation’s Impact on Iowa’s Economy reports that aviation generates $6.4 […]


Impact & Regulations

U.S. Transportation Department awards $25M infrastructure grant to Camden City, N.J.

November 9, 2022

Via: Transportation Today

The U.S. Department of Transportation recently awarded Camden City, N.J., a $25 million Infrastructure Investment and Jobs Act for improving infrastructure between the Port of Camden and Interstate-676. The project will expand access to the Port of Camden and help […]


Shipping

Governments around the globe spur creation of green corridors

November 8, 2022

Via: Offshore Energy

Green shipping corridors are specific maritime routes decarbonised from end to end, including both land-side infrastructure and vessels. Setting up such routes involves using zero-emission fuel or energy, putting in place refuelling or recharging infrastructure at ports, and deploying zero-emission […]