Hydrogen's Historical Significance Fades as its Future as a Fuel Gains Momentum
🔥 Hydrogen's Historical Significance Fades as its Future as a Fuel Gains Momentum.
The perception of hydrogen as a highly flammable and dangerous fuel source is being challenged as the industry emphasizes its safe handling and storage practices. Charles Shappell of Faurecia Hydrogen Solutions states that hydrogen is no more or less dangerous than other fuel sources when handled properly. Hydrogen tanks must meet rigorous safety standards, including ballistics tests, and are designed to withstand impacts. As the adoption of heavy-duty hydrogen-powered fuel cell trucks increases, the industry is focusing on scaling up the production of hydrogen tanks and reducing costs.
2023 is likely to become the hottest year on record, with a more than 99% chance of surpassing the previous record holder, 2016, according to climate scientists.
In 2023, the U.S. economy saw a combination of positive and negative trends.
2023 is almost certain to become the hottest year on record due to an extraordinary run of global temperature records, according to the EU's Copernicus Climate Change Service (C3S).
A recent survey conducted by Vivian Health reveals that work-related stress remains prevalent, with nearly half of the respondents reporting job stress
Federal Reserve officials expect to raise interest rates further this year to combat excessive inflation in the United States, according to Chair Jerome Powell.
The White House is set to launch a travel blitz next week, with officials visiting more than 20 states over a three-week period.
Former President Donald Trump made a dramatic appearance as a criminal defendant in a federal court in Florida, pleading not guilty to 37 charges related to mishandling sensitive information and obstructing authorities.
Experts are divided on the state of the US trucking market, with some suggesting it's the right time to secure contracts while others anticipate more favorable deals in the future.
According to the Global Port Tracker report by the National Retail Federation and Hackett Associates, import cargo volume at major US container ports is expected to be 22% lower in the first half of 2023 compared to the same period last year, despite increased consumer spending.
In May, the Logistics Managers Index (LMI) recorded a contraction, reflecting a slowdown in the logistics industry.
DHL and Formula 1 are partnering to enhance sustainable logistics by introducing a fleet of 18 biofuel-powered trucks for European Formula 1 races by 2023.
US job growth defied expectations in May, with employers adding 339,000 jobs, surpassing the forecasted 190,000 jobs.
As the summer travel season commences, travelers and airlines are looking for ways to navigate increased costs and high demand.
According to transportation analyst firm FTR, market conditions for trucking companies are expected to remain unfavorable into 2024.
The 2023-2024 report on cross-border commerce reveals that cross-border e-commerce is becoming increasingly diverse and globalized.
Despite subsidies evaporating in China and fewer incentives available for EV owners in Europe, there has been a slight jump in sales early in the year.
Amazon has been a top customer of UPS, but 2023 will bring change on the horizon.
A large swatch of the country’s economists are anticipating a recession in the United States, but the date that comes to fruition is to be a little later than initially expected.
Maintaining the required temperature throughout the entire supply chain can be a significant challenge.
CEO Vincent Clerc has cited “muted” economic growth as a reason for the decline, especially after exceptionally high freight rates have been normalized over the past two years.
The worst poll results since 2009, most Americans are feeling “worse off” now than they were last year - an even greater number, 61%, of those who make less than $40,000 are financially stressed.
This is a huge jump from 2022’s valued market of 1.1 trillion. The estimations are being drawn from India-based analytics and advisory company, Astute Analytica.
In order to increase total intermodal volume, Intermodal freight should focus on ensuring a sufficient number of containers and chassis are readily available at intermodal terminals to meet customer demand.
CEO Scott Kirby is speculating that many airlines won’t be able to manage the number of flights on their rosters this year.
Automation can be used to improve various aspects of warehouse operations, including order picking, packing, and shipping.
The past twelve months have consisted of all-time highs and wild variating fluctuations as sanctions on Russian oil sent prices of crude through the roof early in the year.
Peak season is typically a time of stress and profit for the trucking industry.
First off, what is “inflation” anyway? Economic inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.
Some of the largest players in the game such as Schneider National and J.B. Hunt voiced concerns regarding the 2023 market forecast at the Stephens Annual Investment Conference last week.
As we gear up for 2024 - a big election year - it's hard not to think of James Carville's famous line from 1992, "It's the economy, stupid."