US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent's premium to WTI widened, an analysis of Census Bureau data released Friday showed. Brent's premium over WTI widened from 34 cents/b in May to average ...
Tags: crude exports, crude
The recent coal price surge in China was irrational and unsustainable, an official said Monday, predicting that prices will retreat as supplies increase. There is no basis for further rises in coal prices, as supplies, freight volume and ...
Tags: Coal, Coal Price
Econolite Group has started negotiations with Savari to partner on accelerated deployment of connected and automated vehicle technologies and solutions with a focus on vehicle-to-infrastructure (V2I) safety applications. The two companies ...
Tags: Econolite Group, Automated Vehicle
WorldACD reports that after a volume growth of 1.8% year-on-year (YoY) in July, we witnessed a slightly higher figure for August: +2.3%. Taken together with the volume growth in June (+3%), one could say that the (Northern Hemisphere) ...
Tags: WorldACD
Infrastructure Victoria is calling for community feedback following the release of its draft 30 Year Infrastructure Strategy. In the development of the draft plan, Infrastructure Victoria says it consulted the community on over 200 ideas ...
Yingkou Port, in the northeastern province of Liaoning, has seen a rise in freight volume despite the sluggish local economy, thanks to the Belt and Road Initiative. During the first nine months of this year, the port registered combined ...
Natural rubber derived from dandelion roots is making its debut in truck and bus tyres and in components produced by Continental. The German manufacturer unveiled a number of products that contain this raw material at the IAA Commercial ...
Schaeffler has signed a multi-year strategic partnership agreement with IBM to speed up the digital transformation of its entire operations and customer solutions using Watson’s cognitive intelligence and insight from billions of ...
Tags: Schaeffler, agreement, IoT
The Port of Melbourne. The Victorian Government has successfully leased the Port of Melbourne for more than $9.7 billion. The Lonsdale Consortium, comprising of the Future Fund, QIC, GIP and OMERS signed a lease of the port’s ...
Tags: Port of Melbourne, lease
The employment market continues to grow in the transport, logistics and supply chain sector, according to the Labourforce Impex September 2016 Job Index. Specialist transport, logistics and supply chain recruitment company Labourforce ...
Tags: Labourforce Job Index
Iveco, a brand of CNH Industrial (NYSE: CNHI /MI: CNHI), presented its world premiere IVECO Z TRUCK at the 2016 IAA Show in Hannover, Germany. IAA is the commercial vehicle industry's leading international trade show, taking place every two ...
Tags: Iveco, IVECO Z TRUCK, IAA Show
DP World Australia has agreed to plans with Austrak to further develop Austrak’s intermodal freight hub at Somerton. DP World Australia will operate the new inland freight hub known as Somerton Rail Port, 23 km north of the Port of ...
Aerial view of the Enfield container terminal. Aurizon has commenced its rail port shuttle from Port Botany to the Enfield intermodal facility in Sydney. The Enfield to Port Botany rail service is part of Aurizon’s investment at ...
Tags: Aurizon, rail port shuttle, Port Botany
The Free and Hanseatic City of Hamburg and the Volkswagen Group will collaborate over the next three years to jointly develop innovative solutions for making urban mobility more environmentally-friendly, safer, more reliable and more ...
Tags: Hamburg, Volkswagen, partnership
CSafe Global, a manufacturer of temperature-controlled air-freight containers for the biopharmaceutical industry, has acquired France-based temperature-controlled packaging solutions supplier Kalibox. Established in 2001, Kalibox has two ...
Tags: CSafe Global, Kalibox