Shell Starship 3.0 to explore potential of RNG
Shell is boldly going into the world of renewable natural gas (RNG), using the fuel to power the latest version of its aerodynamic Starship truck. It’s the third iteration of […]
Cargojet postpones more 777 freighters, tightens belt as shipments slow
Cargojet, which operates an extensive middle-mile air cargo network in Canada for express delivery and e-commerce companies, has increased steps to cut costs and preserve cash amid weak shipping demand that contributed to a 32% reduction in gross profit margins during the first quarter. The most dramatic step to maintain financial flexibility and match fleet…
Daily Infographic: Truck Parking Club pilots hourly truck parking at Kentucky McDonald’s
To view more FreightWaves infographics, click here The post Daily Infographic: Truck Parking Club pilots hourly truck parking at Kentucky McDonald’s appeared first on FreightWaves.
Crowley and CN partner on new Mobile-Mexico ocean service
Maritime and logistics services company Crowley has teamed up with Canadian railway CN to provide integrated rail and ocean service between Mexico and the U.S. Midwest and Canada. The service includes Crowley’s new ocean route between the Port of Mobile in Alabama, which is serviced by CN (NYSE: CNI), and Tuxpan on the Gulf Coast…
As oil tumbles, marine fuel gets cheaper — and so do tanker stocks
Russia — one of the world’s top energy providers — is mired in war. The OPEC cartel is cutting production. And yet, oil prices continue to tumble, weighed by global recession fears and concerns on Chinese demand. For ocean shipping, this translates into cheaper marine fuel costs, a positive for operating margins, and much narrower…