Low-sulfur crude grades in the North Sea have dropped to more than four-month lows on differentials versus Dated Brent on pressure from competing grades in the Mediterranean. On Tuesday, Norwegian North Sea crude grade Ekofisk hit a ...
Tags: Low-sulfur crude, refinery, crude
Transpro Freight has grown their warehouse operations with the acquisition of Trigistix Warehouse and Distribution and North American Distribution Logistics' warehouses. "We're very excited about acquiring these new assets," says Transpro ...
Tags: Transportation, Auto Parts, Freight
China's Ministry of Transportation (MOT) announced that the overall volume of freight transported on China's railways, roads and waterways in the January-February period of the current year amounted to 6.82 billion mt, up 7.4 percent year ...
Tags: Metallurgy, Mineral, Energy
Molybdenum oxide prices continued their rally on Friday, reaching a nine-month high, although some participants believe the market may be poised for a period of consolidation in the first half of April. The Platts daily dealer molybdenum ...
Tags: Moly Oxide, oxide powder, steel mills
Freight rates for grain runs from South America to the Far East declined on Friday amid low Chinese soybeans demand, oversupply of tonnage and generally bearish sentiment in the Atlantic market. Grain runs basis 60,000 mt on the ...
Tags: grain, soybeans, Chinese demand
Softer coastal freight rates for shipping domestic thermal coal from northern to southern ports in China has put seaborne-traded cargoes at a slight price disadvantage, and renewed downward pressure on CFR South China prices, said traders ...
Traders are considering sending European ethylene cargoes to Asia for late May delivery amid weak European prices, sources said Thursday. Market participants said they have been approached by several traders with selling indications ...
Canadian railways carried 25.3 million metric tons of freight in January, down 2.7 percent from the same month last year. The drop in shipments occurred despite the strong growth in traffic received from the United States. Non-intermodal ...
Tags: Iron Ore, Canadian Rail Tonnage
Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou dropped significantly in the week to March 25, ending a five-week upward trend, Qinhuangdao Port said ...
Tags: coal, coal stocks, Freight rates
Seaborne prices at China's southern ports searched for direction in thin Asia trade Monday as currency and freight issues for the most part precluded deals in the CFR South China market, said traders. The Platts/Fenwei CFR South China ...
Tags: Thermal Coal, China market, weaker currency
Chinese buyers refrained from meeting the delivered-price expectations of seaborne cargo sellers in unsettled Asian trade Friday, as weak fundamentals in the domestic market prolonged a week-old standoff between buyers and sellers, said ...
Tags: China Cargo Market, coal producer, thermal coal market
According to a report released Thursday by the US Department of Transportation, three of the five transportation modes--the surface transportation modes of truck, rail and pipeline--carried more US trade with North American Free Trade ...
Tags: freight, Transportation
Freight rates for shipping coal from northern China's Qinhuangdao port to the southern Chinese ports of Zhangjiagang, Shanghai and Guangzhou continued to rise for the fifth consecutive week, a weekly report released by Qinhuangdao port ...
Tags: Qinhuangdao Port, Coastal Coal
Con-way Freight is the latest less-than-truckload (LTL) carrier to announce it’s increasing rates. Come March 31, the company will raise its general rate by about 5.4 percent, which will be applicable to non-contractual business. ...
Tags: Truck, Freight Rates, Con-way Freight
EPA's SmartWay Transport Partnership is celebrating 10 years as a market-driven initiative that empowers businesses to move goods in the cleanest most energy-efficient way possible, saving businesses money while protecting public health and ...
Tags: EPA, Certification, Service