Business, Equipment, Fuel

Diesel Prices May Increase as Cargo Industry Makes 2020 Fuel Switch, Experts Say

Diesel Prices A refinery and a pump jack in an oil field near Corpus Christi, Texas. (Eddie Seal/Bloomberg News)

The looming adoption of a mandate that will require maritime vessels to burn cleaner fuel is projected to put upward pressure on diesel prices next year, but transportation experts are more concerned about how the change will affect the supply of diesel fuel for trucks.

Dan Ronan | Associate News Editor
April 3, 2019
Government, Business, Fuel

Tolls, Regulations, Bunker Fuel Costs Could Vex Industry

Cargo ship spewing black smoke Getty Images

ATLANTA — Incoming fuel regulations and political gridlock will bring unwelcome expenses and headaches to shipping and trucking companies through next year, according to one policy expert who spoke at SMC3 Jump Start 2019 on Jan. 29.

Jim Stinson | Staff Reporter
January 30, 2019
Government, Business, Fuel

New Low-Sulfur Rules for Maritime Fuels Force Fleets to Scramble

The International Maritime Organization announced that shippers and global refiners must reduce sulfur content in marine bunker fuels by January 2020, five years earlier than had been expected.

Laurie Wiegler | Staff Reporter
August 29, 2017

CMA CGM Stakeholder Looks to Sell and Buy Ports America

CMA CGM Bougainville kees torn/Flickr

Yildirim Holding AS is seeking buyers for its stake in the world’s third-biggest container shipper as the family-owned Turkish company presses ahead with a plan to acquire Ports America Holdings Inc., a U.S. maritime-terminal operator.

Ercan Ersoy and Kerim Karakaya | Bloomberg News
July 6, 2017
Government, Business

Federal Maritime Commission Appoints Karen Gregory Regulatory Reform Officer

Karen Gregory, managing director of the Federal Maritime Commission, has been appointed the agency’s regulatory reform officer, acting Chairman Michael Khouri announced March 13.

Transport Topics
March 13, 2017

West Coast Labor, Management to Discuss Contract Extension

Bob Riha Jr./Reuters

The Pacific Maritime Association and the International Longshore and Warehouse Union, whose protracted labor dispute disrupted trucking and port operations early in 2015, have targeted Nov. 1 and Nov. 2 for talks to address a potential contract extension.

Transport Topics
September 27, 2016

DOT to Promote Funding for ‘Marine Highways’

The Department of Transportation Wednesday announced a plan it says will cause more cargo to be transported by water within the U.S.

Transport Topics
April 7, 2010