GLASGOW, Scotland — Major shipping companies on Nov. 5 called for governments to put more money into researching and developing cleaner technologies to help the industry reduce its greenhouse gas emissions.
November 5, 2021Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Global Freight Market Battles Disruptions Due to Bottlenecks
After a once-in-a-lifetime deadly pandemic, the world’s supply chains are realizing a new normal as industries meet the challenge of rebuilding and managing them in a post-Ârecovery era.
November 12, 2021OPEC+ Rejects Biden’s Plea for Bigger Oil-Supply Increase
OPEC and its allies will stick to their slow pace of oil-production increases, disregarding President Joe Biden’s demand to go faster.
November 4, 2021TravelCenters of America Posts Higher Net Income, Revenue in Q3
TravelCenters of America Inc. saw net income and revenue climb in the third quarter amid strength in nearly all business lines.
November 2, 2021US Says Oil, Gas Sales Damage Climate — But Won’t Stop Them
The Biden administration is planning to sell oil and gas leases on huge tracts of public land in the U.S. West, despite the Interior Department’s conclusion that doing so could cost society billions of dollars in climate change impacts.
November 2, 2021Cummins Posts Q3 Income, Revenue Gains
Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.
November 2, 2021Marathon Petroleum Weighs the Sale of Alaska Refinery
Marathon Petroleum Corp. is weighing a sale of its Kenai refinery in Alaska as the U.S.’ largest independent crude processor seeks to further streamline operations.
November 2, 2021BP Says Oil Demand Is Back Above 100 Million Barrels a Day
As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of 100 million barrels a day last seen before the COVID-19 pandemic, according to BP Plc.
November 2, 2021Diesel Nudges Up 1.4¢ to $3.727 a Gallon
The national average price for diesel rose 1.4 cents to $3.727 a gallon, according to Energy Information Administration data released Nov. 1.
November 1, 2021Refiners Are Less Pressed to Shut Down Plants as Fuel Demand Rebounds
After several years of plant closures and conversions to make renewable fuel, the pressure on American refiners to shut down excess capacity is easing as gasoline demand nears pre-pandemic levels and supplies dwindle.
November 1, 2021