One-third of small and midsize trucking companies want to reduce emissions but face barriers, a Convoy survey released Aug. 31 showed.
August 31, 2021Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Energy Companies Begin to Assess Damage From Ida
Louisiana communities battered by Ida faced a new danger as they began the massive task of clearing debris and repairing damage from the storm: the possibility of weeks without power in the stifling, late-summer heat.
August 31, 2021Diesel Price Rises; Refinery Closures Cause Uncertainty After Ida
The national average price for a gallon of diesel rose 1.5 cents to $3.339, according to Energy Information Administration data released Aug. 30. But that did not include fuel price increases or consider the damage resulting from Hurricane Ida.
August 30, 2021Rails Brace for Gridlock After Ida Hammers New Orleans Hub
Hurricane Ida forced Kansas City Southern to shut its main line in Louisiana and has halted exchanges between railroads in New Orleans, which may worsen delays in a U.S. shipping industry that already is stretched thin.
August 30, 2021As Ida Leaves Gulf, Analysts Foresee Modest Economic Damage
WASHINGTON — Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast. But the impact on the overall U.S. economy likely will be modest so long as damage estimates don’t rise sharply and refinery shutdowns are not prolonged, economists say.
August 30, 2021FTC Targets Oil-and-Gas Deals, Franchises
The Federal Trade Commission is examining ways to crack down on mergers in the oil and gas industry and investigate whether gas station franchises are driving up gas prices as part of a Biden administration effort to combat higher costs at the pump.
August 30, 2021Gas Price Pain Ahead if Refiners Face Restart Struggle After Ida
Some U.S. motorists who had been expecting an end-of-summer relief for gasoline prices should start bracing for higher costs at the pump in the coming days due to Hurricane Ida.
August 30, 2021OPEC+ Expected to Stick to Planned Output Hike
OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stumble.
August 27, 2021EPA Rebuffed Warnings Auto Emissions Plan Was Too Weak
White House and other administration officials told the Environmental Protection Agency that its industry-backed plan for tightening auto emissions limits was too lax, but the agency rebuffed those warnings and released the proposal with provisions that could lessen its bite.
August 25, 2021Diesel Slides 3.2¢ to $3.324 a Gallon
The national average price for a gallon of diesel fell 3.2 cents to $3.324 in the biggest price drop in more than 15 months, according to Energy Information Administration data released Aug. 23.
August 23, 2021