Transportation Producer Price Index – December 2024
Today, the Bureau of Transportation Statistics (BTS) released the change in the costs faced by producers purchasing transportation services and industries producing them, from December…
California utility faces billions in claims for fire damage even if it did nothing wrong
Victims of the Los Angeles wildfires, likely the costliest in U.S. history, are seizing upon a unique California legal doctrine that allows them to collect…
Colonial Pipeline’s main U.S. gasoline artery likely shut until Friday
Colonial Pipeline's main U.S. gasoline artery is expected to be shut through Friday as the company continues to search for the source of a suspected…
The eighth U.S. liquefied natural gas export terminal, Plaquemines LNG, ships first cargo
On December 26, 2024, Plaquemines LNG—the eighth liquefied natural gas (LNG) export terminal in the United States—shipped its first cargo after achieving first LNG production…
Drewry Intra-Asia Container Index - 15 Jan
Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, fell 6% in the fortnight to 15 Jan 25 to $828…
Trump nominee says Boeing needs ‘tough love,’ EVs should pay for road use
President-elect Donald Trump's nominee to head the U.S. Transportation Department said Boeing needs "tough love" to get back on track after a 2024 mid-air emergency…
EU to order Lufthansa to restore Condor’s access to its short-haul network
The European Commission told Lufthansa on Wednesday it would order the German flag carrier to reinstate charter airline Condor's access to Lufthansa's short-haul network to…
Brazilian meatpacker JBS says net-zero emissions pledge was ‘never a promise’
The world's largest meatpacker, JBS, became in 2021 the first of its peers to commit to cutting or offsetting all its emissions by 2040, and…
Oil rises on large draw from US crude stocks, Russia sanctions impact; Gaza ceasefire deal capped gains
Oil prices rose about 2% on Wednesday on a large draw in U.S. crude stockpiles and potential supply disruptions from new U.S. sanctions on Russia,…
Airbus CEO confident about 75 aircraft a month target
The chief executive of Airbus said he was confident the company would reach its target of manufacturing 75 single-aisle aircraft a month in 2027, given…
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