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Category: Shipping, Distribution, and Logistics News

Tanker Scrapping Posed to Increase Due to IMO Regulation

Posted on Tuesday February 21, 2017 by April U

Globally, tanker asset earnings have remained above breakeven levels for the last few years, so tanker scrapping, the removal of tankers from productive use, has been relatively low when compared to other industrial equipment segments. However, the recently released International … Continue reading

Trade, Economy, and Transportation Predictions for 2017

Posted on Thursday January 19, 2017 by April U published a recent article by Walter Kemmsies, the managing directory, economist, and chief strategist for JLL Ports Airports and Global Infrastructure. Kemmsies identified a handful of trends relevant to the transportation industry which he believes will impact the industry … Continue reading

Minnesota Toxic Free Kids (TFK) Act Releases Update to Chemicals of High Concern List

Posted on Monday September 26, 2016 by April U

Earlier this month, the Toxic Free Kids Act concluded its second review and revision of the two lists the Act created to identify chemicals that pose harmful risks to human health – specifically, pregnant women and children – and the … Continue reading

ITCO Releases 4th Fleet Survey Showing Industry Growth

Posted on Tuesday August 30, 2016 by April U

The International Tank Container Organization (ITCO) released its 4th fleet survey, which saw that the tank container industry grew by 7.2% since the previous year’s survey. The world’s fleet now stands at 458,200 containers, up by 43,780 from the 3rd … Continue reading

Brexit Upsets Chemical Trade, Industry Leaders Express Shared Concerns

Posted on Thursday July 28, 2016 by April U

Britain’s exit from the European Union, otherwise known as “Brexit”, was controversial.  Leaders in manufacturing, particularly in chemical-related industries in the United Kingdom foresee new obstacles for trade and regulatory complexity between the United Kingdom, the European Union, and the … Continue reading

Congress Passes the Frank R. Lautenberg Chemical Safety for the 21st Century Act – the Long-Overdue TSCA Reform

Posted on Tuesday June 28, 2016 by April U

For the first time in 40 years, Congress passed reform legislation to improve the regulation of chemicals. The Toxic Substances Control Act (TSCA) of 1976 has been long overdue for modernization, and on June 7, 2016, Congress unanimously passed the … Continue reading

A Global View of Shale Gas, Now and Future Outlook

Posted on Monday June 6, 2016 by April U

Movement in the shale gas industry deserves to be watched. Overall, the global market for liquefied natural gas appears strong and promising. On a case-by-case basis, however, certain countries are experiencing, or are approaching, significant shifts in demand and market … Continue reading

The U.S. Chemical Industry Predicts Continued Growth

Posted on Friday February 19, 2016 by April U

The chemical industry generates a staggering $5 trillion globally, $800 billion of which is from sales and production within the U.S. That’s 15% of global output and 25% of U.S. GDP. This is an important economic sector and one indicator … Continue reading

The Panama Canal Expansion May Alleviate Some Congestion at West Coast Ports

Posted on Wednesday January 6, 2016 by April U

The Panama Canal expansion, which began in 2007 and is scheduled to be done by April 2016, is about 95 percent complete. Two new sets of locks – one on the Atlantic entrance, and one on the Pacific – will … Continue reading

2015 FTR Transportation Conference – Capacity Concerns of Shippers

Posted on Tuesday November 3, 2015 by April U

During the 2015 FTR Transportation conference, which took place from September 13 – 15, 2015 the primary focus of intermodal shippers was on maximizing capacity and emphasized carrier relationships to promote efficiency. Specifically, discussions centered around whether or not capacity … Continue reading

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