Mediterranean ultra low sulfur diesel cargoes are trading $10.25/mt above the Northwest European cargoes, the widest spread between the two regions since January 17 on tight prompt supply in the Med. The Med cargo cash premium to the ...
Tags: Diesel Cargoes, low sulfur diesel
The FOB Singapore 380 CST high sulfur fuel oil cash differential slipped into a discount Monday due to excess supply. The cash differential for the higher viscosity grade fuel oil fell to a discount of 26 cents/mt Monday, down from ...
Tags: high sulfur fuel, HSFO market
Less-than-truckload carrier ABF Freight System will increase general rates and charges by 5.4 percent later this month. Rates will go up by about 5.4 percent effective March 24, but the effect on specific lanes and shipments will vary. ...
Tags: Freight, Transportation, Auto Parts
YRC Worldwide Inc. reported fourth-quarter net income of $400,000, compared with a $35.3 million loss in the prior year period, helped by an income tax benefit. The company’s operating results, however, were worse than the ...
Tags: Yrc, Transportation, Yrc Transportation
Surface trade among the United States,Canada and Mexico increased 6.5%in December,the Department of Transportation announced. All trade among the North American Free Trade Agreement partners rose 6.4%to$90 billion,DOT's Bureau of ...
Tags: Nafta Surface Trade, Nafta, Transportation
DX, a leading independent mail, parcels and logistics end-to-end network operator in the UK and Ireland, has announced its intention to launch an initial public offering in order to begin trading on the Alternative Investment Market at the ...
Nigerian crude values for April are beginning to rise steadily on higher refining margins and healthy demand from Europe, trading sources said Friday. Spot trade in Nigerian cargoes has increased this week, with some high offers and deals ...
Tags: Crude Values, Mineral
FedEx Freight will increase shipping rates by about 3.9 percent, effective. The rate change is for FedEx shipments within Canada, Mexico and the US, including Alaska, Hawaii, Puerto Rico and the US Virgin Islands. Additional changes ...
Tags: FedEx, Transportation
US Transportation Secretary Anthony Foxx joined President Barack Obama Wednesday to announce that $600 million will be made available to fund transportation projects across the country under a sixth round of the US Department of ...
Tags: Transportation Funding, Mineral
Roadrunner Transportation Roadrunner Transportation Inc. said it has acquired Rich Logistics, a Little Rock, Ark.-based trucking company that operates throughout the United States and Mexico. Roadrunner also bought Everett ...
Tags: acquired, expand our truckload, existing customer relationships
Kings Consolidated Group has announced the acquisition of New South Wales-based haulage business, Walker’s Haulage. Walker’s has annualised revenues of around $25m and the business specialises in the transportation of heavy ...
Tags: transportation of heavy freight, prime movers, strategic opportunities
A new report released by NRMA Motoring & Services has shown Australia’s reliance on imported transport fuel has risen from 60 per cent in 2000 to 91 per cent in 2013, putting immense pressure on Australia’s liquid fuel security ...
Tags: imported transport fuel, medicine supplies, electric vehicles
Sonoco today announced that it will raise the price for all paperboard tubes and cores by five to eight percent, effective with shipments in the United States and Canada beginning March 24, 2014. "This price increase is necessary to ...
Tags: Paperboard Tubes, Sonoco
Tony Leach will work in close consultation with clients in key sectors such as toys and games Freight forwarder and logistics provider Horizon International Cargo has appointed Tony Leach as its supply chain development manager. Leach ...
Tags: Horizon, Development Manager, logistics industry, Cargo
Australia's Atlas Iron said Tuesday it would double production at its Mt Webber mine in north Pilbara to 6 million mt by the end of the December quarter, now that the board has approved development of the project's second stage. ...
Tags: Atlas Iron, Mineral