Oil storage tanks are filling up, making production cuts ‘inevitable’ in Canada
Rock-bottom prices for Canadian oil and a lack of demand are setting the stage for “inevitable” production cuts, according to Goldman Sachs, which says the…
COVID-19 demand update: Oil seen down 6.4%, jet fuel down 26%, road fuel down 5.5% in 2020
Rystad Energy is creating a weekly comprehensive report calculating the effect of the novel coronavirus in our lives and updating estimates for global fuel markets.
Ship transits Seaway’s St. Lambert lock bringing vital goods to market
The St. Lawrence Seaway Management Corporation (SLSMC) marked the opening of its Montreal / Lake Ontario section today, with the transit of the CSL Baie…
Rail traffic for March and the week ending March 28, 2020
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending March 28, 2020, as well as volumes for March 2020.
OmniTRAX launches rail-ready sites program at Winchester & Western Railroad
OmniTRAX, one of the fastest growing railroads in North America and an affiliate of The Broe Group, announces the launch of its new Rail-Ready Sites…
John S. Connor Global Logistics acquires Terminal Shipping Company
John S. Connor, Inc., a provider of customs brokerage, supply chain transportation, and logistics services for global importers and shippers, has announced the acquisition of…
CMA CGM IMO 2020 - Low Sulphur Surcharge (LSS) - May 2020
CMA CGM has introduced a Low Sulphur Surcharge (LSS20) effective December 1st, 2019 to cover the increase in fuel-related costs associated with the implementation of…
Saturday gate closures at GPA
Due to current market conditions the Georgia Ports Authority will be extending Saturday Gate closure through the entire month of April, 4/4/2020 through 4/25/2020, this…
FBX Weekly shows global demand sinks, US focuses on essential goods
Here are the latest China-US container rates, which are heavily impacted by the ongoing developments: • China-US West Coast prices (FBX01 Daily) rose 1% since…
Good Friday Holiday gate closed at GPA
The Georgia Ports Authority truck gates will be closed Good Friday Holiday Friday, April 10, 2020. Vessel Operations will continue as normal.
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