Wheat soars to 14-year high as Russia invasion chokes trade
The world’s staple grains swung wildly, after hitting multiyear highs as Russia’s invasion Ukraine stifles shipments from some of the biggest suppliers.
New pipelines carrying natural gas plant liquids increase natural gas processing
In 2020 and 2021, more than 2,000 miles of new liquids pipelines were brought into service, according to our Liquids Pipeline Projects database. Several of…
Boeing gets caught in a bind as US bans giant Russian cargo jets
Boeing Co. is caught in a bind after the U.S. barred Russian airlines from its skies following the invasion of Ukraine.
American Maritime Partnership reaction to state of the union
Today, the American Maritime Partnership released the following statement in response to President Biden’s State of the Union Address to a Joint Session of Congress…
Missouri Eastern Railroad commences rail operations
Missouri Eastern Railroad (MER), a wholly owned subsidiary of Jaguar Transport Holdings (Jaguar), began rail operations on March 1, 2022. In January 2022, MER acquired…
Commodities hit new highs as traders shun Russian purchases
Global commodity markets surged to multiyear highs on Wednesday after traders backed away from Russia, sparking anxiety that supply will fall short in everything from…
War shocks ripple across one of the world’s busiest trade lanes
Importers from London to Warsaw will soon face higher shipping costs, longer delays and an obstacle course of sanctions to navigate as Russia’s widening assault…
US airlines’ January 2022 fuel use down 17% from pre-pandemic 2020; cost per gallon hits 7-year high
The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ January Fuel Cost and Consumption numbers indicating U.S. scheduled service airlines used…
Tanker with Russian LNG diverts from U.K. amid port ban
A tanker carrying Russian liquefied natural gas canceled its scheduled arrival at a U.K. terminal even though a ban on Russian ships using British ports…
ExxonMobil details plans to lead in earnings and cash flow growth, energy transition
ExxonMobil today detailed plans at its annual Investor Day to deliver industry-leading earnings, cash flow growth and shareholder returns, and lead in the energy transition…
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