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Transportation News

Mon, Oct 18th, 2021
It’s the Great Pumpkin (shortage); shippers near end of challenging season

Pumpkin growers across the U.S. have dealt with everything from invasive fungus to extreme weather to supply chain issues leading up to Halloween this year.

Another jump in DOE/EIA diesel price adds 19.4 cents in 2 weeks

The benchmark price for setting fuel surcharges is now at its highest level since November 2008.

First containers, then dry bulk, now LNG shipping rates are spiking

The boom in ocean shipping is spreading to other segments. Spot LNG shipping rates just topped $150,000 per day.

Union Pacific, unions spar over vaccine mandate rollout

Union Pacific and several rail unions are arguing that the other party has failed to properly negotiate how UP should comply with President Joe Biden’s COVID-19 vaccine mandate.

UNP : 225.93 (+0.34%)
Cummins expands natural gas offerings with 15-liter engine

A bigger-displacement natural gas-powered engine from Cummins could prompt fleets to switch from diesel in pursuit of lower emissions.

CMI : 237.04 (-0.52%)
RUSHA : 47.26 (-1.07%)
Stocks end mixed on Wall Street ahead of busy earnings week

Stocks wobbled to a mixed finish on Wall Street Monday as the market’s momentum slowed down following its best week since July.

$SPX : 4,486.46 (+0.34%)
$DOWI : 35,258.61 (-0.10%)
$IUXX : 15,300.89 (+1.02%)
EGRNY : 9.4100 (+4.56%)
JNJ : 160.12 (-0.73%)
UAL : 47.17 (-1.73%)
MDT : 120.72 (-5.50%)
SCHW : 80.55 (-0.43%)
House of a 1000 Customs Rejects

FMC pushes for detention and demurrage transparency; an eco-friendly trailer solution; sustainable guitar picks; news on WTT

Biden nominates climate expert to lead Maritime Administration

Some are questioning President Biden’s pick to lead the Maritime Administration for a lack of commercial shipping experience.

SONAR sightings for Oct. 18: KC to Indy, shipper update, reefer rejection rates

Among the highlights: Jacksonville outbound rejection rates falling dramatically, latest shipper and carrier updates and more

Supply chain gridlock dominates Sunday talk shows

The Biden administration is pushing industry to take immediate and long-term steps to get ports and intermodal transport working smoothly.

Chart of the Day

Customers Bancorp (CUBI)

The Barchart Chart of the Day belongs to the Pennsylvania bank Customers Bancorp (NYSE: CUBI ). I found the company by sorting Barchart's All Time High list first by the highest number of new highs in the last month, then used the Flipchart function to review the charts for consistent...
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