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Tag: shipping


Impact & Regulations

House Policymakers Eye Supply Chain Reforms

September 27, 2023

Via: Transport Topics

Ensuring the safety and efficiency of the nation’s supply chain is an ongoing priority for key policymakers in the U.S. House of Representatives. As congressional leaders prepare to consider comprehensive supply chain legislation, Energy and Commerce Committee Chairwoman Cathy McMorris […]


Impact & Regulations

Policymakers Urge Action on Rail Safety Bill

September 26, 2023

Via: Transport Topics

A group of senators is renewing calls for a floor vote on legislation meant to improve safety across freight rail networks. Several months after the chamber’s Commerce Committee advanced the comprehensive bipartisan bill, panel Chairwoman Chairwoman Maria Cantwell (D-Wash.) is […]


Shipping

Container shipping has a Europe problem and it’s getting worse

September 26, 2023

Via: FreightWaves

With all the attention on U.S. consumers and inventory levels, Europe’s importance to shipping lines can get lost in the shuffle. The Asia-Europe trade is pivotal to container shipping operators — and this trade is now under severe pressure. Judah […]


Infrastructure

$1.4 Billion Committed to Rail Safety, Supply Chain Boost

September 25, 2023

Via: Transport Topics

The Biden administration announced Sept. 25 that it has awarded more than $1.4 billion to projects that improve railway safety and boost capacity, with much of the money coming from the 2021 infrastructure law. “These projects will make American rail […]


Shipping

Freight Brokers Adjust as Market Power Swings to Shippers

September 25, 2023

Via: Transport Topics

Throughout the pandemic-influenced years of 2020 through 2022, when demand for trucks soared and capacity evaporated, third-party logistics providers and freight brokers assuaged shippers by simply locating a truck for their freight. Fast forward to 2023. Now, it’s a struggle, […]


Impact & Regulations

Diesel Price Drops 4.7¢ to $4.586 a Gallon

September 25, 2023

Via: Transport Topics

The national average diesel price paused from its recent surge, falling back 4.7 cents to settle at $4.586 a gallon, according to Energy Information Administration data released Sept. 25. The last time diesel took a downswing was July 3, when […]


Impact & Regulations

How will Russian ban on diesel exports impact global energy trade?

September 22, 2023

Via: FreightWaves

The Russia-Ukraine war has split the global tanker business in two. The resulting market is like a high-stakes game of musical chairs in which each player is only allowed to sit in certain seats. If one country snaps up tanker […]


Impact & Regulations

FRA to award $139M in Special Transportation Circumstances grants

September 20, 2023

Via: Transportation Today

The Federal Railroad Administration (FRA) will soon make available $139 million in Special Transportation Circumstances (STC) grant program funding. “This funding will create jobs, grow local economies, and increase rail safety and efficiency in states where geography and other circumstances […]


Shipping

3PLs gain many benefits by adopting sustainable business practices

September 20, 2023

Via: Transportation Today

Logistics companies are working to reduce emissions in freight and transportation services to help create a more sustainable supply chain and reap the many benefits that come along with making such a decision. Third-party logistics (3PLs) providers, for instance, are […]


Shipping

FMC asks shippers, transportation providers to weigh in on data initiative

September 19, 2023

Via: Transport Dive

The Federal Maritime Commission wants supply chain stakeholders to review and comment on the proposed processes and definitions identified in the Maritime Transportation Data Initiative (MTDI), according to a Request for Information shared on Aug. 16. FMC commissioner Carl Bentzel […]


Vehicles

Quantron to Bring Hydrogen Fuel Cell Trucks to Europe, US

September 15, 2023

Via: Transport Topics

Quantron, a provider of zero-emission commercial vehicle technologies, is rolling out an expanding range of fuel cell electric and battery-electric trucks in Europe and plans to bring a fuel cell-powered Class 8 tractor to the North American market next year. […]


Shipping

Accurate Transport begins Texas operations

September 15, 2023

Via: Transportation Today

New Jersey-based Accurate Transport, a regional transportation and logistics company, recently announced that its new terminal hub in Houston began full operation on Aug. 28. “We are thrilled to open our most advanced terminal hub yet, right here in Houston,” […]


Impact & Regulations

Truck driver jobs at center of House hearing on automation

September 13, 2023

Via: FreightWaves

Losing jobs to technology is a big concern across many industries, and the issue was in the spotlight on Capitol Hill on Wednesday at a hearing on the future of autonomous trucking. Speaking on behalf of the industry’s largest companies, […]


Shipping

Supply Chain Reshaped: The Power of Digital Transformation in Logistics and Supply Chain

September 13, 2023

Via: Container News

Innovation drives entire industries forward as new feature-rich software solutions appear all the time. Numerous companies from the logistics industry are also undergoing a significant change nowadays. With the global digital transformation expenditure poised to soar to a staggering $3.4 […]


Vehicles

California’s Senate passes bill to restrict autonomous trucks

September 12, 2023

Via: Transport Dive

The Golden State serves as a key link for freight and home for AV firms such as Aurora Innovation, Kodiak Robotics and TuSimple Holdings. Those firms and others such as Gatik, Volvo Autonomous Solutions and Waabi are developing autonomous trucking […]


Impact & Regulations

China Leading Iron Ore Imports in 2023

September 5, 2023

Via: Hellenic Shipping News

Сhina’s iron ore imports have increased so far in 2023, helping sustain dry bulk market rates. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore trade. In […]


Impact & Regulations

FMCSA Plans Study on Vehicle Maintenance Impact on Safety

September 5, 2023

Via: Transport Topics

The Federal Motor Carrier Safety Administration announced a plan to conduct a survey and study that focuses on how vehicle maintenance requirements impact overall motor carrier safety. “The study goal is to determine what improvements, ranging from better compliance interventions […]


Impact & Regulations

Diesel Prices Up 1.7¢ in Seventh Straight Increase

September 5, 2023

Via: Transport Topics

Diesel prices climbed for the seventh week in a row, although the increase was a modest 1.7 cents a gallon nationally and some regions saw declines, according to information from the Energy Information Administration released Sept. 5. For the week […]


Shipping

Havila Shipping seals one-year MPSV extension with Reach Subsea

September 1, 2023

Via: Splash 247

Norwegian offshore vessel owner Havila Shipping has secured a charter extension from compatriot offshore contractor Reach Subsea for the multipurpose support vessel (MPSV) Havila Subsea. The existing contract for the 2011-built vessel, which lasts until the end of this year, […]


Shipping

Port of New York and New Jersey moves the most TEUs since October 2022

August 31, 2023

Via: FreightWaves

Peak season for the Port of New York and New Jersey has arrived. Not only did the port take the top spot for containers moved in July, but it was the port’s highest monthly total since October 2022. A total […]