Tag: featured

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 19, 2024

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 […]

March 18, 2024

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 […]

March 14, 2024

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 […]

March 14, 2024

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 […]

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 7, 2024

Marsh McLennan, the major global professional services firm specializing in risk, strategy, and human capital, has collaborated with the Ukrainian government and Lloyd’s to announce a significant expansion of its Unity insurance facility. This expansion entails the provision of affordable […]

March 6, 2024

As explained, the company will leverage Hanwha Engine’s experience in marine engine production and the synergy among Hanwha affiliates to develop and commercialize eco-friendly fuel engines. Specifically, it plans to actively develop and commercialize ships powered by eco-friendly fuels, including […]

March 6, 2024

The ship recycling market is still in bearish mode, despite the fact that cash buyers are looking for more demo candidates. In its latest weekly report, Best Oasis (www.best-oasis.com), the world’s leading cash buyer of ships, said that “the ship […]

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 4, 2024

The U.S. Department of Transportation’s Federal Transit Administration (FTA) announced Thursday it was making another $9.9 billion in federal formula funding available to support public transit infrastructure. Part of the Bipartisan Infrastructure Law, the funding is designed to help communities […]

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 27, 2024

It was seven years ago that Matthew Belasco started worrying about the health of students riding the bus at Pittsburg Unified in California. As he watched hundreds of youth pile onto the big yellow vehicles each day, his eyes focused […]

February 27, 2024

Airport operations are affected by the unpredictable nature of flight times, departure delays, weather conditions, and other factors. Research from Lancaster University Management School (LUMS) uses computer simulations to show how airports can arrange landings to help reduce delays and […]

February 26, 2024

The Governors Highway Safety Association (GHSA), a nonprofit association representing the highway safety offices of states, territories, the District of Columbia and Puerto Rico, recently highlighted the actions it has taken over the past year to prioritize traffic safety and […]

February 26, 2024

Thousands of cars from China’s BYD rolled off a ship in the German port of Bremerhaven on Monday, as the world’s biggest electric carmaker brought its challenge directly to Europe’s auto making powerhouse. The delivery was made by the BYD […]

February 21, 2024

Maersk is adjusting Peak Season Surcharge (PSS) rates for selected routes effective March 1 to 31 March 2024, to ensure continued global service provision. The changes in the peak season surcharge rates will be applied as follows: Read More on […]

February 20, 2024

The top three carrier expenses are fuel, maintenance and insurance – things that are crucial to the success of a trucking company but that have seen a drastic uptick in cost the past few years. A new law in New […]