Shipping stocks have outperformed the S&P 500, Dow Jones Industrial Average, and NASDAQ 100 over the last three years, despite the pandemic and Russia-Ukraine war. The lineup for those looking to increase their bets on US-listed shipping stocks is changing. The New York Stock Exchange and the NASDAQ have new...
California is expected to move the deadline for zero-emission trucks forward
The California Air Resources Board has invited public comment on its proposed Advanced Clean Fleet (ACF) rule, which would phase out diesel-powered trucks in the state, despite the fact that CARB lacks the necessary waiver. This proposal includes a 2036 deadline for requiring zero-emission vehicles (ZEVs) in the state's trucking...
Container volumes are increasing at the ports of Houston and New Orleans.
Plastics and resins helped drive exports of loaded containers at Gulf Coast ports in Houston and New Orleans in February. Import growth in Port Houston is slowing, but export growth is increasing. Port Houston container volume increased 15% year on year in February to 313,452 twenty-foot equivalent units. "Our cargo...