WASHINGTON — The Biden administration acknowledged that its aggressive push to decarbonize trucking will be costly — but that the federal government will be here to help. “The overarching challenge is aligning the market-driven desire from fleets to adopt zero-emission freight vehicles with the resources required to make it successful, and right now, they cost…
FedEx Corp. is laying off an undisclosed number of workers across the organization, despite posting stronger-than-expected quarterly results last week, as the company strives to hit targets for right-sizing the company. Meanwhile, parcel delivery rival UPS (NYSE: UPS) will eliminate more than 300 positions at its regional air hub in Ontario, California, because of slower…
Corpus Christi, Texas, and the Port of New Orleans saw increased cargo volumes in February, led by container exports of plastic resins and chemicals, along with shipments of crude oil. Port of New Orleans reports 11% increase in container volumes Boosted by shipments of coffee, chemicals and plastic resins, the Port of New Orleans saw…
The confluence of a new, bigger engine, net-zero carbon emissions from renewable natural gas (RNG) and pressure from shippers for their carriers to operate sustainably add up to a bright picture for natural gas adoption. But a new study from the North American Council for Freight Efficiency (NACFE) points to a couple of cautions. First…
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