LNG shipping freight rates continue to be under pressure from weak Asian demand and a growing fleet. Shipowners are now pinning hopes on a revival in European demand. However, European LNG demand growth will not be sufficient to raise freight rates, according to the newly launched LNG Forecaster report published by global shipping consultancy Drewry.
NG powered Class 8 truck and bus sales continue, but at a slower pace compared to 2014, as well as when calculated as a percentage of the total market, according to a report from ACT Research. The "Natural Gas Quarterly" attributes the rapidly declining cost of diesel with making the return on investment for adoption of natural gas less lucrative.
Challenge: Spending two to three hours daily making as many as 60 check calls to 30 drivers was limiting the time company could spend working with customers and generating new business.
General Electric Transportation's emissions-reducing rail systems have accumulated 100 million auto-control miles, helping the rail industry save 56 million gallons of fuel and $197m in fuel costs, as well as reducing greenhouse gases by 628 kilotons.
After watching the price of oil and the size of their profits plunge, a dozen top executives from some of the nation's largest oil exploration companies flew to Washington late last winter on an urgent mission: push Congress and the White House to allow unlimited exports of American crude oil.
Transplace, a provider of transportation-management services and logistics technology, has acquired M33 Integrated, a third-party logistics provider with an emphasis on the packaging, chemical and advanced materials sectors.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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