To regain favor with shippers, Union Pacific is attempting to improve service metrics — a goal that is within reach now that hiring efforts have been largely successful and warm-weather holidays that would have kept workers on vacation have passed, executives said during UP's call Thursday discussing second-quarter 2022 financial...
Ships that ‘scrub’ emissions earn twice as much as non-scrubbing ships.
Some firms are vehemently opposed to new environmental restrictions. Others figure out ways to profit from them. Consider the IMO 2020 standard, which reduced the sulfur content of shipping emissions. Many shipowners have turned this historic worldwide emissions regime into a significant competitive advantage. Since the regulation's implementation date of...
Trucking lenders are ‘cautiously optimistic’ that the market will not worsen in 2022
Triumph Bancorp, based in Dallas, stated in its second-quarter earnings report that the bank — a top provider of money to the trucking sector through factoring — saw "a lengthy runway of development on the horizon," despite certain difficulties in the near term. "While there is definitely softening on dry...