February 9, 2024
Via: Container NewsDuring the sixth week, the Marine Bunker Exchange (MABUX) global bunker indices experienced a modest decline. The 380 HSFO index dropped by US$8.74 to US$507.44/MT, edging closer to the US$500 threshold. Similarly, the VLSFO index decreased by US$10 with a […]
February 8, 2024
Via: Splash 247Insurer Swiss Re has come up with a chart to highlight the dramatic changes to the world seaborne map in recent years as shipping faces disruption in the Red and Black Seas as well as the Panama Canal and multiple […]
February 8, 2024
Via: Hellenic Shipping NewsThe global economy is heading towards monetary easing, expected to arrive in the following months. This could trigger a rebound in trade growth dynamics and demand across the board. In its latest weekly report, shipbroker Xclusiv said that “despite record […]
February 7, 2024
Via: FreightWavesNew data from Lloyd’s List Intelligence shows an acceleration of tankers diverting away from the Red Sea. Since Jan. 12, when the first of three U.S.-led military strikes began on Houthi land targets, more than 106 tankers have changed routes […]
February 7, 2024
Via: Tech XploreResearchers at Kyushu University have found that Japan’s current policy of stopping the sale of gas vehicles by 2035 and transitioning only to hybrids and electric vehicles may be insufficient to reduce the country’s CO2 emissions and prevent it from […]
February 6, 2024
Via: FreightWavesFederal Reserve Chair Jerome Powell said Sunday his committee is unlikely to consider cutting the federal funds rate at its next meeting in March. The implication from his remarks in a “60 Minutes” interview was that the board would not […]
February 6, 2024
Via: Tech XploreI first rode an e-bike after a day out exploring the fells on foot a few years ago. Instead of driving back to my accommodation, I traveled 40km through the Lake District on an e-bike and I was surprised by […]
February 5, 2024
Via: FreightWavesFor the first 30 or so months of her tenure, UPS CEO Carol B. Tomé had the wind at her back. For the past year, however, a gale force storm has been blowing right at the company. The question is […]
February 2, 2024
Via: FreightWavesIf you thought last year’s veto of a Teamsters-backed ban on heavy-duty autonomous trucking in California put the issue to rest, think again. While 23 states allow at least testing of driverless trucking, emerging challenges resemble the arcade game Whac-A-Mole. […]
February 2, 2024
Via: Tech XploreAn international group of scientists has published a paper in the journal Green Energy and Intelligent Transportation, summarizing a comprehensive review of deep transfer learning for intelligent vehicle perception. In recent years, perception has been viewed as a critical component […]
February 1, 2024
Via: FreightWavesFedEx has portrayed its new air network redesign in terms of streamlining the high-cost overnight parcel operation, but internal communications show the express delivery giant also sees an opportunity to aggressively go after heavyweight cargo booked by logistic providers to […]
February 1, 2024
Via: FreightWavesInsurance has been a hot topic across the trucking industry over the past several years. Most often, however, insurance talks revolve around motor carriers and truck drivers. Freight brokers have largely been left out of the conversation. Broker liability is […]
January 31, 2024
Via: Transportation TodayPennsylvania Gov. Josh Shapiro’s 2024-25 budget proposal would increase public transit funding by 1.75 percent, a $282.8 million investment, and provide nearly $1.5 billion in new state funding over five years. The proposal would deliver the funding needed to avoid […]
January 30, 2024
Via: Tech XploreIn the past 15 months, no one has been more responsible for safety on the nation’s roads than Ann Carlson. For much of that time she has served as acting administrator of the National Highway Traffic Safety Administration, where she […]
January 30, 2024
Via: Transportation TodayThe New Mexico Department of Transportation (NMDOT) recently completed a $2.7 million truck parking initiative along Interstate 10. “NMDOT is excited to implement this first-of-its-kind system in New Mexico and is committed to finding and implementing technology to support safety […]
January 30, 2024
Via: FreightWavesRail is often characterized as one of the more “old school” transportation options, but recent developments in the space have challenged that narrative. Railroad giant CSX, for example, is dedicated to investing both financial and human capital into a myriad […]
January 29, 2024
Via: Transportation TodayThe Pennsylvania Department of Environmental Protection (DEP) recently awarded more than $39.6 million in 2022-2023 Medium and Heavy-Duty Zero-Emission Vehicle Pilot grants to 16 applicants for the replacement of diesel-fueled fleets with zero-emission vehicles. The grant program was created to […]
January 29, 2024
Via: Tech XploreIntelligent Transportation systems (ITS) have shown great potential in smart cities in recent years. Using information processing and communication technology, ITS significantly improves the quality of urban traffic operation and service. Autonomous vehicles (AVs), a key component of ITS, are […]
January 26, 2024
Via: Transport DiveSeveral labor regulations in various stages of development could have wide-ranging effects on the trucking industry this year. Trucking executives will be focused on the regulatory rules, which are poised to go into effect alongside a separate slate of equipment […]
January 26, 2024
Via: Tech XploreIn late October, two research helicopters from the manufacturer Sikorsky, a Lockheed Martin company, made a dozen test flights over Long Island Sound, Connecticut taking care to avoid other aircraft in the area around them. Except the ordinary-looking helicopters were […]