June 27, 2022
Via: FreightWavesFor an alleged cartel that President Biden believes is deviously ripping off Americans, the container shipping oligopoly is sure doing a lousy job of managing its future capacity. The price of newbuild container ships keep rising, yet liner operators and […]
June 22, 2022
Via: Transport TopicsFedEx Corp. and supply chain solutions provider FourKites on June 22 announced an alliance to offer customers new, real-time data and information. The purpose is to help businesses navigate challenges, operate more efficiently and develop new growth opportunities. Without disclosing […]
June 21, 2022
Via: FreightWavesThe 33rd annual State of Logistics Report, the year-over-year report card of the U.S. business logistics system, confirmed empirically what everyone already knew: 2021 was nirvana or a nightmare depending on what one does for a living. Total logistics costs, […]
June 21, 2022
Via: Transport TopicsThe House transportation panel recently approved legislation meant to facilitate access to federal disaster assistance. The Expediting Disaster Recovery Act, sponsored by Rep. Garret Graves (R-La.), would aim to provide assistance for “meeting the unmet needs” of individuals affected by […]
June 20, 2022
Via: Transport TopicsPresident Joe Biden said June 20 that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon. “Yes, I’m considering it,” […]
June 20, 2022
Via: FreightWavesThe debate on whether the U.S. federal government should allow the movement of liquefied natural gas by rail could come to a head this summer, with the Pipeline and Hazardous Materials Safety Administration (PHMSA) poised to make some big decisions. […]
June 16, 2022
Via: FreightWavesAccording to a recent Bloomberg article, electric vehicles are taking off even faster than expected and “are eating into the transportation system and taking bigger bites every year.” Soon, it predicted, the number of gas cars globally will start to […]
June 15, 2022
Via: Transport TopicsMajor railroads, including Union Pacific Corp. and BNSF Railway Co., and their unions remain at an impasse after a government board ended efforts to mediate a settlement, a move that will likely force President Joe Biden’s administration to intervene and […]
June 15, 2022
Via: Transport TopicsPresident Joe Biden told U.S. oil refiners that unprecedented profit margins are unacceptable and called for “immediate action” to improve capacity as the soaring price of gasoline feeds record inflation and fears of a recession. “At a time of war, […]
June 15, 2022
Via: Transport TopicsThe top Democrats on the House transportation panel highlighted workplace safety concerns across freight rail operations shortly after the Biden administration awarded the industry grants to alleviate supply chain woes. Democratic Reps. Peter DeFazio of Oregon and Donald Payne of […]