Logistics
Business, Equipment, Fuel, Logistics

Morgan Stanley Says Shipping Revolution Has Oil Headed for $90

Louis Vest/Flickr

Brent crude will reach $90 a barrel by 2020 as new international shipping regulations take effect, overhauling the types of fuels produced by refiners, Morgan Stanley analysts said in a report.

Alex Longley | Bloomberg News
May 16, 2018
Business, Equipment, Logistics

Boeing Jumbo 747s Get Extended Life as Airfreight Haulers

Luke Sharrett/Bloomberg News

Interest in Boeing’s 747-400 freighter family already was rebounding last year, even as Delta Air Lines Inc. and United Continental Holdings Inc. hosted nostalgic farewell tours to mark the end of U.S. passenger service on the four-engine behemoth nicknamed the “Queen of the Skies.” With Boeing’s factory-fresh models sold out through 2021, cargo carriers are snapping up jumbo freighters that were built from 1993 to 2009 — if they can find them.

Julie Johnsson | Bloomberg News
May 16, 2018
Government, Business, Fuel, Logistics

Uniform Road Laws, Reduced Congestion Could Ease Interstate Trucking, Experts Say

Oil tanker North Dakota An oil tanker truck drives along a road in Williston, N.D. (Daniel Acker/Bloomberg)

WASHINGTON — Harmonization among states on road laws relating to capacity would vastly improve interstate trucking, according to industry experts.

Eleanor Lamb | Staff Reporter
May 16, 2018
Business, Logistics, TCA

Union Dispute Leaves Some Freighters Stuck at Port of Toledo

Toledo-Lucas County Port Authority

A long-simmering labor dispute between a local longshoremen’s union and a Port of Toledo stevedore has led to three ocean freighters being waylaid at the Port of Toledo docks and a fourth boat being turned away — potentially costing the terminal tens of thousands of dollars a day in lost work.

Tyrel Linkhorn and David Patch | The Blade (Toledo, Ohio)
May 15, 2018
Government, Business, Logistics

Oakland Port Ban on Coal Shipments Blocked by US Judge

David Paul Morris/Bloomberg News

A federal judge struck down the city of Oakland, Calif.’s ban prohibiting companies from transporting coal through an export terminal that U.S. miners see as a key link to overseas markets.

Joe Ryan | Bloomberg News
May 15, 2018
Government, Business, Logistics

NAFTA Trio Set to Miss Ryan’s May 17 Target Without Deal

Ildefonso Guajardo Villarreal, Mexico's secretary of economy, from left, Chrystia Freeland, Canada's minister of foreign affairs, and Bob Lighthizer, U.S. trade representative. (David Kawai/Bloomberg News)

NAFTA negotiators from the United States, Canada and Mexico are poised to miss the deadline this week cited by House Speaker Paul Ryan, the latest blown marker for reworking the 24-year-old deal.

Eric Martin Jenny Leonard and Josh Wingrove | Bloomberg News
May 15, 2018
Business, Logistics

Road Travel Projected to Rise 4.7% for Memorial Day Weekend

joiseyshowaa/Flickr

The highest gasoline prices since 2014 won’t stop 37 million Americans from clogging up the nation’s motorways next week as summer kicks off with Memorial Day weekend.

Laura Blewitt | Bloomberg News
May 14, 2018
Business, Logistics, TCA

Teamsters, Philadelphia Coke Distributor Agree to New 5-Year Contract

philadelphie/Flickr

The 600 members of Teamsters Local 830 agreed May 12 to a new five-year contract with Liberty Coca-Cola Beverages, ending the threat of a strike, the company said.

Bob Fernandez | Philly.com
May 14, 2018
Government, Business, Technology, Equipment, Safety, Logistics, Autonomous

Capitol Agenda for the Week of May 14: Big Orange Cone

Traffic cones in Las Vegas Eugene Mulero/Transport Topics

Downtown Las Vegas is under construction. The consistent rise in tourism and population persuaded city and state officials to invest in wider roadways, additional transit and walkability options, and improve connectivity across freight corridors.

Eugene Mulero | Staff Reporter
May 14, 2018
Government, Business, Logistics

Trump Derides NAFTA as Deal Deadline Looms

Evan Vucci/AP

Paul Ryan said he needs notice of a NAFTA deal by May 17 if the current Congress is going to be able to vote on it, suggesting talks are pushing up against the constraints of U.S. trade law, even as President Donald Trump continues to deride the existing pact.

Eric Martin Josh Wingrove and Jenny Leonard | Bloomberg News
May 14, 2018

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