News
Union Pacific expanding utility role to be more responsive to train movements
Union Pacific is expanding the utility role so that the position responds to situations occurring on the rail network. This expanded role would work on a fixed schedule and be dispatched in a truck to respond to planned and…
Container shipping stocks outperform despite market gloom
Shipping stocks have a long tradition of defying expectations. At the beginning of 2023, sentiment was ebullient on crude tanker and product tanker shares. The word “supercycle” was bandied about. Global fuel demand was…
High Cost of Hydrogen Remains a Drag on Adoption
If hydrogen fuel cell technology is going to become a desired and viable electric vehicle power source, the cost will have to come down.
Stellantis Sees Risk of New Chip Shortage on Demand Surge
Stellantis NV expects semiconductor shortages to re-emerge on growing demand for electric vehicles at a time of increased geopolitical risk, making the current respite short-lived.
Interest in Alternative Protein Products Is Growing, but Taste and Price Are Its Biggest Barriers
For both animal products and alternative proteins, taste and value are key, according to a new “Innovations in Alternative Proteins” report from the International Food Information Council (IFIC). For the report, IFIC…
Retail Sales Up 0.2% in June
NEW YORK — Americans increased their spending in June as inflation eased in many areas, and the job market remained remarkably strong.
XPO Bolsters Capacity With Expansion in Georgia
XPO has completed the expansion of one of its service centers near Atlanta in an effort to grow capacity in the area, the company announced July 13.
Kontainers founder launches Ship Angel, acquires WaySync
The past few years have seen container shortages, soaring freight rates and unprecedented geopolitical events intensify market volatility, creating massive challenges for global shippers. These obstacles have persuaded…
First women-only regenerative farming event announced
Farmers Weekly A regenerative farming showcase exclusively for women is set to take place on 31 August in a bid to address the gender imbalance of farmers attending farm walks and events. Organised by Innovation for…
June Truck Tonnage Ticks Down 0.8% on Annual Basis
Truck tonnage in June slipped 0.8% when measured against the same month in 2022, the fourth straight year-over-year decline, according to American Trucking Associations.
