Shippers have fewer than three weeks until new rules kick in forcing them to burn cleaner fuels, but the regulations are already redefining key trade routes in the global oil-product markets.
December 12, 2019Search
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As Deliveries Grow in NYC, So Do Tensions With Tech
New York City Mayor Bill de Blasio dislikes autonomous delivery robots and he is not shy about saying so, even as the city’s planners and trucking officials work together on ways to deliver much more freight to the nation’s largest city.
December 12, 2019Federal TIFIA Loan Will Aid Virginia Interstate 64
The U.S. Department of Transportation has announced that it will provide a loan for up to $502.9 million for infrastructure projects along Interstate 64 in southeastern Virginia.
December 11, 2019Chevron’s LNG Exit Deals Fresh Blow to Canada’s Energy Industry
Abundant natural gas resources, an all-electric plant and just a nine-day hop to energy-hungry Asian markets were not enough to persuade Chevron Corp. to pursue its Kitimat gas export project in western Canada, marking a further blow to the country’s beleaguered fossil fuel industry.
December 11, 2019San Francisco Wants to Require Permits for Transportation Tech Testing
SAN FRANCISCO — Tired of San Francisco streets being used as a testing ground for the latest delivery technology and transportation apps, city leaders are now requiring businesses to get permits before trying out new high-tech ideas in public.
December 11, 2019Global, North American Demand for Air Cargo Drops
Battered by trade wars, global demand for air cargo decreased by 3.5% in October compared with the same month in 2018, according to a Dec. 4 report by the International Air Transport Association of Geneva.
December 11, 2019Europe Set for Move to Expand Trade Arsenal With Focus on Trump
European Union trade chief Phil Hogan on Dec. 12 will seek an upgrade to EU legislation on enforcing international commercial rules.
December 11, 2019November US Consumer Prices Up 0.3% on Rising Energy Costs
WASHINGTON — Higher energy prices lifted U.S. overall consumer prices in November.
December 11, 2019Audit Finds Proposed EPA Glider Rule Repeal Skipped Legal, Health Analyses
A new report by the Environmental Protection Agency Inspector General determined that former agency Administrator Scott Pruitt failed to follow legal and public health safeguards in 2017 when he proposed to repeal an Obama-era regulation limiting the number of glider trucks that could be manufactured annually.
December 11, 2019Saudi Aramco Gains 10% in Debut to Clinch Top Seat at $1.8 Trillion
RIYADH, Saudi Arabia — Saudi Arabia’s oil company Aramco gained 10% in its first moments on the stock market Dec. 11 in a dramatic debut that held until closing and pushed its value up to $1.88 trillion, surpassing Apple as the largest listed company in the world.
December 11, 2019