Maersk's plan to buy Hamburg Süd caps active year for consolidation Maersk Line's plan to acquire Hamburg Süd in 2017 caps a landmark year for consolidation in the container shipping industry, noted Mario Co...
FMCSA establishes clearinghouse for CDL drug, alcohol testing The U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) will establish a national clearinghouse for the...
U.S. transportation sector hiring grows for second straight month in November United States transportation and logistics companies added 8,900 jobs for the month in November 2016, according to the latest preliminary d...
G&W Australia closes on $856m acquisition of GRail Genesee & Wyoming Australia (GWA) has completed its previously announced purchase of Glencore Rail (GRail) for $1.14 billion Australian...
Formal federal judge named ILA's Ethical Practices Officer The International Longshoremen's Association said that former U.S. District Judge Joel A. Pisano has been appointed as the union's Ethical ...
Shuster to continue serving as T&I Committee Chairman U.S. Rep. Bill Shuster, R.-Pa. has been selected to continue serving as the Transportation and Infrastructure Committee Chairman, the commi...
NYK orders another 4,700 reefer containers Japanese ocean carrier NYK Line has placed an order for 4,700 new 40-foot refrigerated (reefer) containers, which are more efficient and re...
Japan shippers counter suppliers' Q1 2017 Singapore term bunker prices, talks move into second round "We heard they [the shipping companies] are targeting settling 380 CST bunker fuel at a discount of a few dollars [to the Singapore 380 CST delivered bunker fuel assessment]," a trader said Friday.
Rotterdam HSFO crack hits near three-month low on Brent crude rally Sources said the fall in cracks, which measure the relative value of the product to crude oil, was mostly due to the sharp rally in Brent futures, rather than market fundamentals.
Oil complex keeps post-OPEC rally alive, aided by softer dollar The rally, which began Wednesday, looked like it had run out of steam early Friday, but then prices turned positive around the start of US trading hours.
External: Wired Bunkering
FEATURE: Bunker industry sees fragmented, complex market after 2020 "Will we all be using the same 0.5% sulfur fuel? No, we won't. The shipping industry, if it doesn't have a policeman, will do whatever is cheapest."
REFINERY NEWS: Eni shuts fire-ravaged EST plant at Sannazzaro refinery
Rolls-Royce plans to simplify, restructure marine business Cost savings measures, job cuts planned to deal with tough markets
Russia to cut oil output 300,000 b/d from 11.2 mil b/d starting Jan 1
FUTURES: Crude falls from 2016 highs as OPEC cut exuberance fades
Iraq faces difficult choices over OPEC production cut Iraq's crude oil cuts likely to come from fields under state control
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