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Oil's New Normal Is Higher Prices
MarketsIndustry news

Oil's New Normal Is Higher Prices

Oil prices pulled back on Tuesday, reversing recent gains as investors weighed signs of export recovery by Middle Eastern producers against uncertainty surrounding the fate of the Iran war. Brent crude for November delivery fell 1.5% to trade at $103.72 per barrel at 1.10 pm ET, while WTI crude for October delivery declined 2.2% to change hands at $90.62/bbl. Crude exports from the region climbed to 15.5 million barrels per day in September, good for more than 80% of prewar levels and the highest level since the conflict began seven months ago.…

Helena Marsh

DRYBULKMARKETTRADE FLOW INSIGHT
MarketsIndustry news

Dry Bulk Market: Capesizes Showing More Strength

Capesize The market enjoyed a notably bullish week, recovering strongly after the UK holiday-shortened start and building momentum across both basins. Early weakness in the Pacific quickly proved short-lived as sustained miner participation tightened available tonnage and restored confidence. By midweek, all major miners were actively fixing, driving C5 steadily higher and attracting increasingly aggressive ...

Helena Marsh

Shell’s technology set to enter wider FLNG market through Wison deal
MarketsIndustry news

Shell’s technology set to enter wider FLNG market through Wison deal

China-based provider of clean energy services Wison New Energies (WNE) has joined forces with the UK-headquartered energy giant Shell to bring the European firm’s liquefaction technology to the wider liquefied natural gas (LNG) market for the first time, strengthening Wison’s floating LNG (FLNG) offering and aiming to accelerate deployment of next-generation FLNG projects. The post Shell’s technology set to enter wider FLNG market through Wison deal appeared first on Offshore Energy .

Helena Marsh

Supply driven trucking market cycle explained in the data
MarketsIndustry news

Supply driven trucking market cycle explained in the data

Chart of the Week: Accepted Truckload Volume Index, SONAR Truckload Rejection Index – USA SONAR : ASTVI.USA, STRI.USA The Accepted SONAR Truckload Volume Index (ASTVI), which measures the volume of truckload tenders carriers accept for loads moved under existing rate agreements, averaged around 9,800 last week. The SONAR Truckload Rejection Index (STRI), which measures the percentage of tendered loads rejected, hovered around 13.5%. While both are down from their 12-month highs, together they suggest the current truckload market cycle is more supply-driven than any in recent history — and stil

Helena Marsh

Canada retaliates against US with tariffs of up to 50% as trade war escalates
MarketsIndustry news

Canada retaliates against US with tariffs of up to 50% as trade war escalates

Why it matters: With trucks carrying more than half the value of U.S.-Canada freight, escalating tariffs threaten to disrupt cross-border volumes, manufacturing supply chains and carrier demand along major gateways such as Detroit, Port Huron and Buffalo. Canada announced retaliatory tariffs of up to 50% on billions of dollars of U.S. goods Tuesday, escalating a trade dispute between the two countries after negotiations collapsed over the weekend. Canadian Finance Minister François-Philippe Champagne said Ottawa will impose “dollar-for-dollar” counter-tariffs on about $27.6 billion worth of U.

Editorial Desk

Used Truck Market: Why Supply & Pricing are So Strong Now
MarketsIndustry news

Used Truck Market: Why Supply & Pricing are So Strong Now

#fwtv_gNAFO1c0TpI .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_gNAFO1c0TpI .fwtv-panel p{margin:0 0 12px}#fwtv_gNAFO1c0TpI .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The used truck market is experiencing unprecedented strength! Daimler Trucks’ Chris Backeberg explains why sleeper inventory is below COVID levels, leading to strong pricing and gains for carriers. Discover how OEMs coordinate new truck orders with remarketing strategies, and what this means for fleet balance sheets and mainten

Editorial Desk

Baltic Dry Index Rises for 4th Day
MarketsIndustry news

Baltic Dry Index Rises for 4th Day

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a fourth consecutive session on Tuesday, rising about 1.5% to a fresh high since August 12 at 2,926 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also increased for a fourth ...

Editorial Desk

From doorstep to supply depot, this EV truck maker aims to tackle both
MarketsIndustry news

From doorstep to supply depot, this EV truck maker aims to tackle both

Across the U.S., a final-mile network operates in a similar yet predictable manner: a small truck, a short route, one person in the cab. The U.S. Army runs that same network, except it has more challenges for the person in the cab and the route. Harbinger , the Garden Grove, Calif., builder of electric and hybrid medium-duty chassis, is supplying prototype trucks to tackle what the Army refers to as the last tactical mile. It started with American Rheinmetall, which was awarded an 18-month Army contract on July 31 for Project Sustainment. It is an effort to field hybrid-powered uncrewed ground

Editorial Desk

US-Canada supply chains face uncertainty as trade talks collapse
MarketsIndustry news

US-Canada supply chains face uncertainty as trade talks collapse

U.S.-Canada trade negotiations collapsed just hours before a deadline to avert steep new tariffs, sending the two countries into an escalating trade dispute that could ripple through trucking, automotive manufacturing and cross-border supply chains. The United States imposed 50% tariffs on billions of dollars of Canadian goods beginning at 12:01 a.m. ET Saturday after negotiators failed to reach an agreement Friday. The affected imports include products ranging from cement and dairy products to hockey sticks and other goods. Canada is the second-largest trading partner of the United States, be

Editorial Desk

AI in Warehousing: How AutoScheduler Drives Supply Chain Efficiency
MarketsIndustry news

AI in Warehousing: How AutoScheduler Drives Supply Chain Efficiency

#fwtv_tgcwcyhWwkI .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_tgcwcyhWwkI .fwtv-panel p{margin:0 0 12px}#fwtv_tgcwcyhWwkI .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Keith Moore, CEO of AutoScheduler AI, dives into how AI-powered warehouse orchestration is revolutionizing supply chain operations. Learn how AutoScheduler helps businesses untangle complex warehousing challenges, optimize decision-making, and significantly boost efficiency, throughput, and service while reducing overall costs.

Editorial Desk

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