Can intermodal rail increase its market share by 25% by 2030? 

Despite U.S. intermodal containers traffic trending lower on a cumulative basis in 2023, intermodal rail is still a viable way to not only compete against the trucking market but also to support the long-term growth of the North American freight rail industry — provided that the industry and its stakeholders be willing to take some risks to ensure the success of rail, according to a report from consulting firm Supply Chain Ecology and commissioned by environmental group Environmental Defense...

https://www.freightwaves.com/news/can-intermodal-rail-increase-its-market-share-by-25-by-2030

New tool identifies best ports for developing green first-mover initiatives

Environmental Defense Fund (EDF) and Lloyd’s Register (LR) Maritime Decarbonisation Hub, in collaboration with Arup, have introduced the Sustainable First Movers Initiative Identification Tool, a system to help shipping stakeholders align investment decisions that support the maritime energy...

https://www.offshore-energy.biz/new-tool-identifies-best-ports-for-developing-green-first-mover-initiatives/

Environmental group raises caution flag on hydrogen’s impact as fuel

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HOUSTON — In the five days of CERAWeek by S&P Global, participants raised questions about hydrogen...

IMO welcomes new consultative partner to support shipping decarbonization

Environmental Defense Fund (EDF) was granted consultative status by the International Maritime Organization (IMO) to support the shipping industry and countries to move in the right direction on climate.

The post IMO welcomes new consultative partner to support shipping decarbonization appeared...

https://www.offshore-energy.biz/imo-welcomes-new-consultative-partner-to-support-shipping-decarbonization/

Report: Climate change could cost shipping industry $25B annually by 2100

The Environmental Defense Fund released a report about the cost of climate change to the shipping industry.

An “Act Now or Pay Later” report released Monday by RTI International, a nonprofit research institute for the Environmental Defense Fund (EDF), estimated that “without further action to reduce emissions, climate change impacts could cost the shipping industry an additional $25 billion every year by 2100.”

Average total operating profits for the global container shipping industry were less than $20 billion annually from 2018 to 2020, the report noted for context.

After growing rapidly in the last...

https://www.freightwaves.com/news/report-climate-change-could-cost-shipping-industry-25b-annually-by-2100

Truck Tech: Already there edition

This week: An ACT Research report finds some stunning news comparing the total cost of ownership of battery-electric and diesel trucks; Nikola is deploying high-power remote chargers to bridge the gap to a more robust truck charging infrastructure; and a Kenworth customer reports on its takeaways from participating in a fuel cell pilot program.

Leveling the playing field

If you’re wondering when electric vehicles, whose prices are up to three times higher than diesel trucks, will reach...

https://www.freightwaves.com/news/truck-tech-already-there-edition

Environmental, freight policy experts seek ‘bold commitments’ ahead of climate summit

Environmental regulations experts weigh in on the upcoming COP26 climate conference.

Transportation was responsible for about 26% of global greenhouse gas emissions in 2018 and nearly 29% of U.S. emissions in 2019, according to International Energy Agency and Environmental Protection Agency data. 

Moving goods around the world has become the norm, and considering the demand for freight is expected to rise drastically by 2050, the path to net-zero emissions will not be easy.

Commitments made at an upcoming climate change conference in Glasgow, Scotland, could “drive change and...

https://www.freightwaves.com/news/environmental-freight-policy-experts-seek-bold-commitments-ahead-of-climate-summit

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