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Impact & Regulations

EU agrees preliminary ETS deal for shipping

December 1, 2022

Via: Splash 247

EU institutions have hammered out a preliminary agreement to include shipping within the scope of the emissions trading system (ETS). Under the deal struck late Tuesday evening, all ships of 5,000 gt and over within the EU will be required […]


Shipping

Truck Supply Co. of South Carolina Acquires Tractor Trailer Supply

November 30, 2022

Via: Transport Topics

Truck Supply Co. of South Carolina announced its expansion into the St. Louis market with its purchase of Tractor Trailer Supply. Both companies are members of HDA Truck Pride, North America’s largest independent provider of parts and services to the […]


Shipping

Rail workers frustrated, hopeful as Congress moves to avert strike

November 30, 2022

Via: FreightWaves

Nearly 115,000 railroaders were closely following two votes Wednesday in the U.S. House of Representatives after President Joe Biden called on Congress to immediately pass legislation to avert a rail strike. The House voted 290-137 Wednesday to avert a possible […]


Impact & Regulations

Biden Ready to Urge Congress to Intervene in Freight Rail Fight

November 29, 2022

Via: Transport Topics

With a Dec. 9 deadline looming to reach an agreement on a nationwide freight rail contract, President Joe Biden is asking Congress to intervene in the dispute, which threatens to severely damage the U.S. economy. “As a proud pro-labor president, […]


Shipping

Shipping Prices Fall in Inventory Glut, Upping Broker Deals

November 28, 2022

Via: Transport Topics

U.S. trucking is entering a tumultuous period that will likely reshape the $875 billion industry. Shipping rates that spiked during disruptions caused by the pandemic have plummeted — some are now calling it a “freight recession” — as inventory gluts […]


Shipping

China’s outbound container volumes take another step down

November 23, 2022

Via: FreightWaves

Daily ocean container departures from China to all ports globally have taken another step down, according to data in FreightWaves SONAR Container Atlas, falling to minus-22% year over year on Wednesday. Ocean container departures from China mounted a recovery following […]


Impact & Regulations

GAO to Congress: It’s time to standardize e-commerce sales taxes

November 21, 2022

Via: FreightWaves

Consumers are used to paying sales taxes in their local stores. Within the past few years, many started paying taxes on items bought online as well. The collection of sales tax on e-commerce purchases is referred to “economic nexus.” According […]


Shipping

Perspective: Tax Credits Available for Trucking

November 21, 2022

Via: Transport Topics

The trucking industry has its fair share of challenges right now — from high fuel prices to worker shortages. One solution to help ease some pressure may lie in pursuing government tax incentive programs, such as the Work Opportunity Tax […]


Shipping

New initiative launched to encourage ports to accelerate zero-emission efforts

November 21, 2022

Via: Offshore Energy

Pacific Environment’s Ports for People campaign has launched a new initiative to assess port progress towards zero-emission shipping, P4P RePORT Cards. As explained, the initiative aim to hold ports accountable for shipping emissions and encourage leadership towards zero-emission ports and […]


Shipping

Trucker Tools’ loyalty program rewards drivers, not carriers

November 21, 2022

Via: FreightWaves

Carrier rewards programs have become popular in recent years. These programs are typically intended to foster goodwill between shippers or brokers and their transportation partners, especially during times of market volatility and general unpredictability. While these programs often reward carriers, […]


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 […]


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 […]


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 […]


Impact & Regulations

Diesel Bumps Up 1.6¢ to $5.333 a Gallon

November 7, 2022

Via: Transport Topics

The national average price of diesel nudged up 1.6 cents to $5.333 a gallon, according to Energy Information Administration data released Nov. 7. Highlights • The average price of diesel has increased in four of the past five weeks. The […]