Just when oil and diesel prices seemed like they were going to be an endless headwind for the trucking and transportation industry, the oil sectors of a few countries rose to the rescue. The end result: When the average retail price of diesel posted by the Department of Energy every week hit $4.633 per gallon…
Fuel management and consumption will be a key means to reduce GHG emissions, as fuel accounts for over 90% of NS’ scope 1 and 2 GHG emissions, NS (NYSE: NSC) said when releasing its inaugural Climate Transition Plan (CTP) Thursday. Scope 1 emissions pertain to emissions directly from company operations while scope 2 emissions generally…
Giant truckload carrier Prime is getting into a new business, and on Wednesday, it took a highly public approach in letting the world — and prospective drivers — know about it. In a live presentation and question-and-answer session on Prime’s YouTube channel, two leading executives at the company announced that Prime would be adding hopper…
As Red Sea disruptions intensify, container shipping spot rates are rising on the other side of the globe: for cargo shipped from Asia to the U.S. West Coast. The Red Sea crisis coincides with drought restrictions in the Panama Canal. Asian cargo bound for East and Gulf Coast ports had previously been switched from Panama…
Brokerage and logistics giant C.H. Robinson Worldwide Inc. said Thursday it has created an office designed to support the company’s strategic initiatives and has tapped a lean processes methodology expert to run it. The Program Management Office, which came into being Wednesday, is headed by Jim Reutlinger, who headed his own consultancy after many years…