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Transport Industry Reports News Archives

Tank Transport Trader presents the latest news on Transport Industry Reports, research, economy, projections, movements – and more news for the transportation & liquid dry-bulk industry –

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Paccar Posts Record Income

Paccar posts record income for 2Q with strong margins defying dour economy, increased deliveries of recently revamped models and profit on its parts business all contributed. Practically everything clicked in the second quarter crushing analyst…

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Warehouse Demand At Record Level

Warehouse demand at record levels. Driven by rising e-commerce demand and related one and two-day shipping demands, the need for new warehouses has never been higher. Real estate services firm JLL published a survey…

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Trucking Sees New Player Surge

Trucking sees new player surge in the number of newly authorized trucking companies — especially small ones. From July 2020 -Sept, the FMCSA approved more than 104k new for-hire trucking companies, and that’s excluding private fleets…

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Glut Causing Uncertainty For LNG

U.S. liquefied natural gas (LNG) exporters could see cargo cancellations return this summer if the current supply glut cannot be alleviated by then, analysts said recently. According to IHS Markit, 2020 saw an estimated global…

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Refinery Closings Increasing

Permanent refining capacity closures expected for 2020-2021 have risen to about 1.7 million barrels per day (bpd) as the COVID-19 pandemic hammers demand for oil products, according to the International Energy Agency (IEA). About a…

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J.B. Hunt Says Intermodal Lagging

Expectations around long-term intermodal margins were the main topic at J.B. Hunt Transport Services’ appearance at the Citi 2021 Global Industrials Virtual Conference in February. John Roberts, the company’s president and chief executive, said management…

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