Throughout the nation, car shipping companies are having a difficult time staying in business and are having to raise prices due to the bad economy and high gas prices. The increase on gas prices has also affected the cost of goods around the world because of the influx in oil prices. This increase has affected the auto shippingRead More
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Two of Japans largest shipping lines have lowered their annual profit estimates due to falling rates and rising fuel costs. Fuel costs have climbed along with higher crude prices, while the rates for leasing out commodity ships have fallen 34 percent in a year. Container shipping is going to end up being the biggest struggleRead More
Obamas program is said to make trucks, buses, and other large vehicles more fuel-efficient and save these companies roughly $50 billion in gas over the programs life span. Many people’s reactions to the program’s proposal were/are positive ones. From 2014 to 2018, oil consumption will be a projected reduction of 530 million barrels. This willRead More
Anti-Pollution regulations in California have been looking for a way to clean its air. The soot in the diesel exhaust has been one of the focal points in recent years. The tail pipes in many trucks, off-road equipment, and buses have been throttled with refined filters that strip out particulates. Trucks made before 2007 must have retrofitsRead More
In June, -3.1 became the current reading for the FTR Associates’ Shippers Condition Index. The SCI summed up the market influences that affect freight and auto shippers. In order to have a positive shipping atmosphere, the reading must be above zero and anything under zero is insufficient. Even though this index is below zero, its conditionRead More
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