How is the Science Based Targets initiative impacting the freight industry?

The Science Based Targets initiative aims to reduce emissions in major companies worldwide.

Companies are setting emission-reduction targets right and left. But the complex wording and reporting can sometimes make it difficult to discern if companies are living up to their sustainability goals.

The Science Based Targets initiative (SBTi) was launched after the 2015 Paris Agreement to “mobilize the private sector to take the lead on urgent climate action” by analyzing emission-reduction targets based on the most rigorous climate change science available.

SBTi is a partnership among CDP...

https://www.freightwaves.com/news/how-is-the-science-based-targets-initiative-impacting-the-freight-industry

How did the 1900 hurricane forever change the Texas shipping industry?

On Sept. 8, 1900, a Category 4 hurricane smashed on shore in Galveston, an island city of about 38,000 people on the Gulf Coast of Texas. 

The hurricane had maximum winds surpassing 135 miles per hour and a storm surge that inundated as much as a third of the city with 5 to 12 feet of water.

The wind and storm surge killed as many as 12,000 people along the Gulf Coast and at least 6,000 on Galveston Island. It remains the deadliest natural disaster in U.S. history in terms of loss of human life.

Th...

https://www.freightwaves.com/news/how-did-1900-hurricane-forever-change-texas-shipping-industry

Will you get the COVID vaccine if your company requires it?

A recent FreightWaves online poll of truckers found that 65% of 1,120 respondents have already been vaccinated against COVID-19 but that nearly 73% of the holdouts would rather find a new employer than get the “jab.”

Jeremy Rewoldt, founder of the StopTheTires2020 Facebook group, told FreightWaves recently that his group of around 70,000 members largely opposes the push for government vaccine mandates.

“We don’t want the government to interfere and dictate what we have to inject into our bodies...

https://www.freightwaves.com/news/will-you-get-the-covid-vaccine-if-your-company-requires-it

How many strongmen does it take to pull the massive AN-225?

A group of men crawling to pull a massive plane with crowed cheering on.

The AN-225 is an absolute behemoth, the largest and heaviest commercial cargo aircraft in the world. It has a payload of 275.6 tons. The one-and-only model is owned and operated by Antonov Airlines, based in Kyiv, Ukraine.

The Mriya, which means dream in Ukrainian, is so big and expensive to operate that it’s only used for special jobs like carrying huge electrical transformers and mobile power generators. It was originally built in the 1980s to transport rockets and space shuttles for the...

https://www.freightwaves.com/news/how-many-strongmen-does-it-take-to-pull-the-massive-an-225

How much money have airlines lost so far in 2021?

A yellow Spirit Airlines plane and two small United Airlines jets taxi around an airport.

Financial losses for the global airline industry were sequentially smaller in the second quarter, but growing corporate optimism for the next 12 months isn’t shared by all as the COVID-19 delta variant undermines economic reopening and travel in many regions.

Airlines collectively lost $6.9 billion in the April-May period in 2021 compared to $14.4 billion in the first quarter of the year, according to new data from the International Air Transport Association. Leading the recovery were U.S....

https://www.freightwaves.com/news/how-much-money-have-airlines-lost-so-far-in-2021

Why do green premiums exist?

AskWaves explores why green premiums exist and how to reduce them.

Alternative fuels, electric vehicles, low-carbon fuels and sustainable packaging sound great to many companies and consumers. 

And many sustainable solutions have no downsides, except one — the cost.

While the upfront costs of purchasing light- and medium-duty EVs have come down drastically, there are still several sustainable alternatives in freight and supply chains that are not being deployed quickly due to their hefty price tags.

Sustainable aviation fuel (SAF), for example, is currently three...

https://www.freightwaves.com/news/why-do-green-premiums-exist

How long does it take to build a shipping container?

containers

How long does it take to build a container? The short answer is: The time is insignificant, a matter of hours including the automated process of putting the steel walls together and drying the paint.

Containers are built at highly efficient and highly automated factories, virtually all of which are in China. Eight out of every 10 containers built worldwide are produced by just three Chinese companies: CIMC, Dong Fang and CXIC.

One indicator of just how quickly new boxes can be popped out: China’s...

https://www.freightwaves.com/news/how-long-does-it-take-to-build-a-shipping-container

Do parcel consultants deliver value?

For parcel shippers, managing their own affairs with industry giants FedEx Corp. and UPS Inc. can be akin to bringing a knife to a gunfight. The mega-carriers have unmatched resources and knowledge, and bring them to battle every day. Even big shippers with deep pockets and decades of experience are too consumed with running their businesses to effectively oversee their day-to-day carrier relationships. Because most contracts run three years, it’s easy for shippers to let key issues fall...

https://www.freightwaves.com/news/consultants-are-the-parcel-shippers-cavalry

How do wildfires get their names?

Photo of a wildfire.

This year has not been kind to firefighting crews across the country. As of Tuesday, 40,681 wildfires were burning nationwide, 1,289 more than this time last year. This is according to the National Interagency Fire Center.

Almost 100 of these fires were classified as large. FreightWaves has been tracking the wildfires, such as Bootleg, Dixie and Rogers Creek. Here’s how they get their names.

Related: Dixie fire spreading, now second biggest in California history

What’s in a name?

Unlike hurricane...

https://www.freightwaves.com/news/how-do-wildfires-get-their-names

What is the Surface Transportation Board?

A photograph of a train passing through a rail crossing.

Freight rail mergers and acquisitions. Disagreements over rail rates. There is a federal agency that oversees these and a host of other issues: the Surface Transportation Board.

The STB is an independent agency separate from the U.S. Department of Transportation. The board primarily oversees economic regulations related to the railroads, although it also has some jurisdiction over pipelines and certain motor carrier-related functions. 

For the railroads, STB’s economic oversight includes railroad...

https://www.freightwaves.com/news/what-is-the-surface-transportation-board

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