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Shipping

Trans-Pacific container rates plunge again

April 3, 2024

Via: FreightWaves

Eastbound trans-Pacific ocean container spot rates plunged again this week as container ship capacity on the trade lane recovers and volumes reset at a lower level than they were pre-Lunar New Year. The Freightos Baltic Daily Index spot rate for […]


Vehicles

Greenlane unveils EV truck charging corridor

April 2, 2024

Via: Transport Dive

Greenlane unveiled plans for a 280-mile electric truck charging corridor along Interstate 15 in California, with initial sites in Colton, Barstow and Baker, in an announcement last month. Truck telematics data, frequent freight routes and customer deployment strategy guided Greenlane […]


Shipping

Singapore’s Pyxis launches its first 100% electric passenger vessel

April 1, 2024

Via: Offshore Energy

The launch event was held on March 27, 2024, at the Clifford Pier, and according to Pyxis, was attended by 300 guests, including representatives from Maritime and Port Authority of Singapore (MPA). MPA congratulated Pyxis on its social media, noting […]


Impact & Regulations

Biden administration acknowledges ‘challenge’ with new truck emissions rule

March 29, 2024

Via: FreightWaves

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 […]


Shipping

Chinese shipbuilder begins construction of 295-meter LNG carrier

March 28, 2024

Via: Offshore Energy

The steel-cutting ceremony for the 174,000 m3 LNG carrier H1909A of PetroChina International was held at Hudong-Zhonghua Shipbuilding on March 4. This carrier is of the second series in the LNG Phase III project of COSCO and PetroChina, part of […]


Impact & Regulations

Delaware Transportation Department launches road safety campaign

March 27, 2024

Via: Transportation Today

The Delaware Department of Transportation (DelDOT) recently launched a safety campaign designed to increase awareness of the increased number of road crashes and fatalities and encourage safe travel on all modes of transportation. “The department is continually working to make […]


Vehicles

Navigating change in the trucking industry

March 27, 2024

Via: FreightWaves

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 […]


Impact & Regulations

How China skirts tariffs into the US

March 26, 2024

Via: FreightWaves

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, […]


Shipping

IMO MEPC 81: The clock is ticking for fossil fuel era in shipping

March 25, 2024

Via: Offshore Energy

This marks a step forward in the legal process towards adopting global regulations, referred to as “mid-term GHG reduction measures”, that will help achieve the targets contained in the 2023 IMO Strategy on the Reduction of GHG Emissions from Ships. […]


Impact & Regulations

Why data standardization is key to streamlined logistics

March 22, 2024

Via: FreightWaves

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 […]


Travel & Public Transit

Meyer Werft lays keel of Disney’s third LNG-powered cruise ship

March 21, 2024

Via: Offshore Energy

As informed, the ceremony took place at Meyer Werft’s yard on March 20. The ship Disney Destiny is the sister ship of Disney Treasure, which is also under construction, and Disney Wish, which was launched in 2022. Philip Gennotte, Portfolio […]


Shipping

Norwegians to build ‘first of its kind’ energy subsea construction vessel

March 21, 2024

Via: Offshore Energy

According to Rem, the ESCV will use a number of solutions where energy consumption is almost halved compared to comparable tonnage in today’s market, as well as meeting future requirements for zero emissions from end to end. “This is a […]


Impact & Regulations

Pennsylvania officials push transit budget proposal

March 20, 2024

Via: Transportation Today

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 […]


Shipping

Candela secures €24.5M to scale up production of fast electric ferry

March 19, 2024

Via: Offshore Energy

A key partner in the €24.5 million round is French boat maker Groupe Beneteau. As explained, the new investment round will help to scale up production to meet demand for the recently launched Candela P-12, described as the world’s first […]


Impact & Regulations, Travel & Public Transit

New FRA grants will support intercity passenger rail service

March 18, 2024

Via: Transportation Today

On Thursday, the U.S. Department of Transportation’s Federal Railroad Administration (FRA) said it had awarded nearly $1 million in grants to support multi-state and regional passenger rail service efforts. The $900,000 in Interstate Rail Compacts (IRC) Grants, part of the […]


Shipping

Ulstein unveils new subsea vessel

March 15, 2024

Via: Offshore Energy

Ulstein said that the SX232 is based on three core principles, including an optimized hull design based on the Ulstein Twin X-Stern, a smart power and propulsion system developed to minimize energy consumption during DP operations and an integrated energy […]


Shipping

Ship Recycling: Lack of Available Tonnage the Norm

March 14, 2024

Via: Hellenic Shipping News

Alack of large vessels, available for demolition, has remained the norm over the past week. In its latest weekly report, shipbroker Best Oasis (www.best-oasis.com), said that “the ship recycling markets across India, Bangladesh, Pakistan, and Turkey showcased varied dynamics. India’s […]


Vehicles

U.S. electric vehicle investments reach $188B thanks to Inflation Reduction Act

March 14, 2024

Via: Transportation Today

While electric vehicle manufacturing investments have been rising for the past nine years, a new report from the Environmental Defense Fund (EDF) found that the Inflation Reduction Act (IRA) of 2022 kicked things into overdrive, leading to $188 million invested […]


Vehicles

Navistar partners with Plus to bring autonomous trucks to US roads

March 13, 2024

Via: FreightWaves

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 […]


Shipping

Product Tankers: Gasosline Flows Set for a Change

March 12, 2024

Via: Hellenic Shipping News

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 […]