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.
Archive for the ‘CONSUMER GOODS’ Category
LTL carriers welcome pending 33-foot trailers amid toughening safety standards
WASHINGTON—The trucking industry is welcoming a classic productivity tradeoff – allowing 33-foot twin “pup” trailers in exchange for toughening equipment and driver training standards.
On-time Performance of Ocean Carriers Continues to Improve, Especially in Main East-West Lanes
Liner schedule reliability improved for the fourth consecutive month in May as the aggregate on-time performance for the three core East-West trades jumped by 4.0 percentage points to reach a new data-series high of 71.6 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
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.)
AAR reports another week of mixed volumes
Rail carload and intermodal volumes were again mixed for the week ending June 6, according to data issued by the Association of American Railroads
House turns up heat on COOL reform
The U.S. House late Wednesday passed legislation that repeals country of origin labeling (COOL) requirements for beef, pork and chicken.
U.S. manufacturing sector said to be in a technical recession
WASHINGTON (MarketWatch) — The U.S. factory sector, ailing from the strong dollar, global weakness and lower oil prices, has slipped into a technical recession, new data released Monday show.
Increases Predicted for Long-term Energy Costs
Although gas prices are temporarily low at the pump, long-term energy costs are on the rise. According to State of the World 2015 contributing author Nathan John Hagens, a former hedge fund manager who teaches human macro-ecology at the University of Minnesota, nations are papering over those costs with debt. Higher energy costs are leading […]
U.S. Trade Gap Shrinks by 19%, Most in Six Years
WASHINGTON—The U.S. trade gap narrowed in April, easing one of the biggest drags on economic growth during the opening months of the year. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)