The numbers are in, and 2014 was the “best year for the supply chain industry since the Great Recession.” Over the course of the year, the transportation sector grew by 3.6%.
Archive for the ‘CHEMICAL’ Category
400-Ton Driverless Trucks Headed to Alberta Oil Fields
Canada’s largest oil-company said it will be purchasing driverless trucks, each weighing 400 tons, to work the Alberta oil fields, the Calgary Herald reported.
US Drivers Take Equivalent of 3,900 Trips to the Sun as Refiners Churn Out Gasoline
Oil supplies are abundant. America’s refiners are running the hardest in 10 years. So why isn’t the country awash in gasoline?
Long Beach volume returns to pre-recession levels
The Port of Long Beach in May recorded its busiest month since October 2007, indicating that cargo volumes are returning to pre-recession levels and the worst effects of the labor disruptions this past year are over. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Senate Sends President Two-Month Highway Funding Extension
The Senate on May 23 easily passed a two-month extension of highway funding authority, sending the measure to the president for his signature.
Iraq Set to Flood Oil Market to Further Undercut US Shale
Iraq is taking OPEC’s strategy to defend its share of the global oil market to a new level.
Today’s Top Supply Chain and Logistics News From WSJ
Americans stepped up their borrowing in March, as the WSJ’s Eric Morath reports, but the question remains whether the consumers who make figure so prominently in the global economy will start buying in big numbers after taking a break from stores in the first quarter. For planners of retail supply chains, a major part of […]
Annual US trucking revenue tops $700 billion for first time
U.S. trucking companies of all types generated a combined $700.4 billion in revenue last year, fueled by economic growth that led to higher freight demand and higher rates. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Brazilian port concession program moves forward
After more than 18 months of delays, the much heralded first phase of Brazil’s more that Reais 10 billion ($3.36 billion) port concession program received the go-ahead to proceed from the Tribunal de Contas da Uniao. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Big data helps shipping lines cut fuel bills and emissions
By focusing on operational improvements, shipping companies are reducing fuel consumption, saving money and cutting greenhouse emissions, while continuing to increase the amount of freight transported.