A year ago, the U.S. government envisioned American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year.
January 25, 2019Logistics
About Logistics News...
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Government, Business, Fuel, Logistics
Angus Mordant/Bloomberg News
US Crude Production to Beat EIA’s Outlook by 23 Years
Angus Mordant/Bloomberg News
Business, Logistics
SeongJoon Cho/Bloomberg News
China’s Car Slowdown Begins to Bite as Hyundai Lays Off Workers
SeongJoon Cho/Bloomberg News
As China’s car industry loses its shine, automakers are starting to buckle up for the downward slope with Hyundai Motor Co. announcing it is letting workers go and is reviewing production plans in the world’s biggest market.
January 25, 2019
Government, Business, Technology, Logistics, Top 100
John Sommers II for Transport Topics
FedEx Express Agrees to Buy International Business From Israeli Firm
John Sommers II for Transport Topics
FedEx Express is acquiring the international express delivery business of Flying Cargo Group, a company based in Israel that has been a service partner with FedEx since 1990, company officials announced Jan. 15.
January 25, 2019
Business, Logistics
John Sommers II for Transport Topics
U.S. Xpress Moves to Divest U.S.-Mexico Trucking Operations
John Sommers II for Transport Topics
U.S. Xpress Enterprises has decided to cut back on its cross-border trucking operations, agreeing to sell its terminal in Laredo, Texas, along with 700 dry van trailers and divest its ownership of Xpress Internacional, a company based in Mexico that U.S. Xpress has operated since 2007.
January 24, 2019
Government, Business, Logistics
A line of people wait in the security line at Hartsfield-Jackson Atlanta International Airport. (Elijah Nouvelage/Bloomberg News)
Government Shutdown Strains Emerge in US Air Travel System
A line of people wait in the security line at Hartsfield-Jackson Atlanta International Airport. (Elijah Nouvelage/Bloomberg News)
The strain of a 34-day partial government shutdown is weighing on the nation’s air-travel system, both the federal workers who make it go and the airlines that depend on them. Air traffic controllers and airport security agents continued to work without pay — they will miss a second biweekly paycheck Jan. 25 — but high absentee rates raise the threat of long airport lines, or worse.
January 24, 2019
Business, Logistics
Union Pacific Train (Nati Harnik/Associated Press)
Union Pacific, CSX, Reflect Solid Economic Growth
Union Pacific Train (Nati Harnik/Associated Press)
OMAHA, Neb. — The economy appears strong to the major freight railroads that haul the products and raw materials companies rely on, but the lingering trade disputes could derail business if they continue.
January 24, 2019
Business, Fuel, Logistics
James MacDonald/Bloomberg News
Railcar Loads for Canadian Oil Hit Record Amid Pipeline Bottleneck
James MacDonald/Bloomberg News
Heavy Canadian crude isn’t getting cheaper, but that hasn’t stopped companies from splurging on costly rail shipments.
January 24, 2019
Government, Business, Logistics
Bonnie Crombie, mayor of Mississauga, Ontario, says 20 million Canadians visit the U.S. annually. (Eleanor Lamb/Transport Topics)
Mayors, Ambassadors Discuss Advancing NAFTA Replacement Deal
Bonnie Crombie, mayor of Mississauga, Ontario, says 20 million Canadians visit the U.S. annually. (Eleanor Lamb/Transport Topics)
WASHINGTON — Officials representing the United States, Canada and Mexico expressed support for advancing the treaty that is meant to serve as a replacement for the North American Free Trade Agreement.
January 23, 2019
Business, Logistics
Zero Mountain
Cloverleaf Cold Storage Enters Agreement to Merge with Zero Mountain
Zero Mountain
Cold storage warehousing company Cloverleaf Cold Storage has entered into an agreement to merge with Zero Mountain Inc., a cold storage warehousing and transportation company serving customers in Arkansas, according to a Jan. 7 press release.
January 22, 2019
Business, Technology, Logistics, Top 50, Top 100
Victor J. Blue/Bloomberg News
UPS Expands Keyless Apartment-Building Entry That Started in NYC
Victor J. Blue/Bloomberg News
United Parcel Service Inc. is expanding a keyless-entry system for package deliveries at apartment buildings after a successful test in New York and San Francisco.
January 22, 2019Pages
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