The Weekly Freight Report for August 25th, 2022
The Top Headlines in Freight, Transportation, & Logistics from FLS Transport
This week’s report covers factors contributing to coming diesel price hikes, Canada and Germany partnering to produce green ammonia, Tesla’s electric semi-truck, attracting investors with sustainability practices, and railroad union group disappointment over the Presidential Emergency Board recommendations.
- DIESEL PRICE HIKE | Could diesel prices be on the rise soon?
- GREEN AMMONIA | Canada and Germany partner up to decarbonize and provide green energy.
- FANCY FREIGHT HAULING | The electric Tesla Semi-Truck could be on the roads by the end of this year.
- ATTRACTING INVESTORS | Focus on sustainability and waste reduction through co-packing.
- STOPPING SHORT | Why are railroad union groups disappointed with the Presidential Emergency Board recommendations?
DIESEL PRICE HIKE | Could diesel prices be on the rise soon?
According to AAA, diesel prices are down 9.3% to $4.97 per gallon month over month.
But… the prices could rise soon with Saudi Arabia and other OPEC+ members stating intentions to squeeze oil production.
In addition to OPEC’s impact on prices, a few more factors could create a perfect storm that will drive prices up at the pump.
Find out what those factors are here.
GREEN AMMONIA | Canada and Germany partner up to decarbonize and provide green energy.
EverWind Fuels and E.ON plan to work together to create green ammonia.
The Point Tupper facility in Port Hawkesbury is a multi-phase green hydrogen and ammonia production facility that utilizes green power from Nova Scotia and on-shore wind power.
This partnership will significantly impact Canada and Germany’s decarbonization efforts.
FANCY FREIGHT HAULING | The electric Tesla Semi-Truck could be on the roads by the end of this year.
Elon Musk predicted that the 500-mile range Tesla Semi Truck could ship out by the end of this year.
Initially, the electric trucks were slated to ship in late 2023.
These trucks have a high cost but look like something from the future with 2, 15-inch screens on either side of the centered steering wheel.
Find out more about this slick-looking truck and the cost to own one here.
ATTRACTING INVESTORS | Focus on sustainability and waste reduction through co-packing.
To work with some of today’s investors, your company better have sustainability initiatives and waste reduction practices in place before they consider working with you.
A sustainability-first mindset helps companies adhere to environmental regulations and meet consumer demand.
There are three ways co-packing technology can help reduce your company’s operational waste… find out what they are here.
STOPPING SHORT | Why are railroad union groups disappointed with the Presidential Emergency Board recommendations?
For 2.5 years, neither the rail companies nor the rail worker unions have been able to reach an agreement on a new labor agreement.
Last week the Presidential Emergency Board (PEB) issued recommendations on how to resolve the contract negotiations.
However, the Railroad Workers United (RWU) group feels disappointed in the results of the recommendations.
If these parties can’t agree on the contract terms, the rail industry in the US could experience some significant disruptions.
Find out what is being negotiated and the responses here.
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