Post Tagged with: "transport"

Source: CNBC

National gas average tops $3.02 a gallon as hacked pipeline slowly restarts

CNBC


Gas prices have jumped more than 8 cents in the last week as the Colonial Pipeline shutdown disrupted a crucial artery in the U.S. petroleum industry.

The company said it began to restart operations around 5 p.m. ET Wednesday …

Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

From Reuters


Canadian Natural Resources Ltd, the country’s biggest oil producer, has joined a number of other firms asking Canada’s energy regulator to intervene in Enbridge Inc’s plan to overhaul shipping contracts on its Mainline pipeline network.

Canadian Natural’s letter …

Driverless Trucks Will Reduce Labor Costs, Move toward Cure for Driver Shortage

Driverless Trucks Will Reduce Labor Costs, Move toward Cure for Driver Shortage

 

USPS Testing Series of 1,000-Mile Mail Hauling Trips

From CCJ

The United States Postal Service (USPS) has contracted with autonomous truck startup TuSimple on a series of 1,000-plus mile trips, hauling mail between the Postal Service’s Phoenix, Ariz. and …

May 31, 2019 - 4:06 pm Closing Bell Story‎, Energy News, Transportation
Anatomy of a Breakdown: How a New Company Managed All ‘Touch Points’

Anatomy of a Breakdown: How a New Company Managed All ‘Touch Points’

From CCJ

When Jeff St. Pierre’s search for a national provider for towing services turned up empty, he decided to start his own company, The Towing Network (TTN), in 2009.

The business was launched from a meeting in Orlando where …

January 3, 2019 - 8:20 am Closing Bell Story‎, Energy News, Transportation
Is Driving Without Drivers the Future of Trucking?

Is Driving Without Drivers the Future of Trucking?

Freight industry battles driver turnover at 90%

From CCJ

With driver turnover rates bumping 90 percent last year, shippers could find only one available truck for every 12 outbound loads — the lowest ratio in 13 years, according to DAT

June 4, 2018 - 10:20 am Closing Bell Story‎, Transportation
ConocoPhillips Doubles Down in British Columbia’s Montney with 35,000-Acre Acquisition

ConocoPhillips Doubles Down in British Columbia’s Montney with 35,000-Acre Acquisition

Oil and gas investment in politically risky British Columbia

Just a few days before Kinder Morgan Canada said it would halt investment and construction on the Trans Mountain pipeline expansion due to political risk in British Columbia, ConocoPhillips (ticker: COP) …

Canada Needs Higher Takeaway Capacity and Lower Oil Price Differential

Canada Needs Higher Takeaway Capacity and Lower Oil Price Differential

Canada is hurting for takeaway capacity—the industry needs pipelines to take its oil and gas production to market, or more locomotive hauling capacity—or both.

Cenovus Energy Inc. (ticker: CVE) said it has reduced production rates due to pipeline constraints and …

Source: Royal Caribbean ---    World’s 3 largest cruise ships converge off Florida Coast:  Royal Caribbean International’s Oasis of the Seas, Allure of the Seas and Harmony of the Sea meet off the coast of Florida November 4, 2016.

Natural Gas is Reducing Transport Sector Emissions at U.S. and Canadian Port Cities

New truck engine reduces NOx emissions to near zero – 90% below current limit

There are a lot of trucks required to transport freight, containers and other cargo around a port. One of largest drayage trucking companies in the Ports …

Encana Oil & Gas Exits DJ Basin in $900 Million Asset Sale

Encana Oil & Gas Exits DJ Basin in $900 Million Asset Sale

Expects 2015 Net Debt to be Reduced by $3.0 Billion – 50% higher than expected.

Calgary-based Encana Corporation (ticker: ECA) is leaving behind its second United States shale play since August, selling its Denver Julesburg assets for $900 million. …