Sustainability Report

OSG releases its new annual sustainability report

Tampa, Fla., headquartered Overseas Shipholding Group, Inc. (NYSE: OSG) had two announcements, Wednesday. In the morning it reported that it had determined to cancel its 2024 Annual Meeting of Stockholders scheduled for June 6, 2024 in consideration of its contemplated merger transaction with Saltchuk Resources, Inc. Then, later in the day, it announced that it had published its annual sustainability report.

The report includes information relating to the company’s efforts on environmental,...

https://www.marinelog.com/legal/environment/osg-releases-its-new-annual-sustainability-report/

Convoy targets prevention of 3.8M pounds of trucking emissions

A Convoy semi-truck is traveling across a bridge with a green background.

Digital freight network Convoy aims to prevent 3.8 million pounds of carbon dioxide emissions from trucking in 2022, the company said Tuesday in its second sustainability report. The Seattle-based company has targeted reducing empty miles as the main strategy to achieve this goal.

From Convoy’s founding in 2015 through the end of 2021, it prevented more than 7 million pounds of carbon emissions from being released, according to the Tuesday report. About 2.8 million of those 7 million pounds of...

https://www.freightwaves.com/news/convoy-targets-prevention-of-38m-pounds-of-trucking-emissions

Prologis includes supply chain emissions in net-zero by 2040 target

Green trees surround a Prologis sign in front of a warehouse.

Real estate logistics provider Prologis has committed to reaching net-zero emissions by 2040 across its entire supply chain, including scope 1 (direct), scope 2 (indirect) and scope 3 (supply chain) emissions.

Wednesday’s announcement came with the release of the San Francisco-based company’s 2021-22 environmental, social and governance report.

“Prologis has always been ambitious in our sustainability efforts and our new net-zero goal is no exception,” Hamid Moghadam, co-founder, CEO and...

https://www.freightwaves.com/news/prologis-includes-supply-chain-emissions-in-net-zero-by-2040-target

ArcBest acknowledges ‘great responsibility’ in ESG efforts

A green ArcBest tractor pulls a silver trailer on a road in front of green trees.

Integrated logistics provider ArcBest disclosed its scope 1 (direct) and scope 2 (indirect) greenhouse gas emissions for the first time in its third environmental, social and corporate governance report released Wednesday.

Several supply chain companies have set ambitious short- and long-term emission-reduction targets while others have yet to start measuring their emissions. Measuring emissions is the first step.

Fort Smith, Arkansas-based ArcBest (NASDAQ: ARCB) reported scope 1 emissions...

https://www.freightwaves.com/news/arcbest-acknowledges-great-responsibility-in-esg-efforts

Report: Schneider ahead on 2025 emissions per mile target

A grey Schneider tractor trailer is traveling on a road with trees and a blue sky behind.

Transportation and logistics provider Schneider is more than halfway to one of its emission-reduction per mile targets, according to its second annual corporate responsibility report. 

The company’s environmental, social and governance report was released last week and reflects activities and data from 2021.

“We recognize the importance of having a positive impact and sharing our progress toward our ESG goals,” Schneider President and CEO Mark Rourke said in the release. “This year’s report...

https://www.freightwaves.com/news/report-schneider-ahead-on-2025-emissions-per-mile-target

XPO Logistics holds off on emission-reduction target

A white XPO Logistics tractor-trailer travels on a major road with a green landscape and blue skies in the background.

XPO Logistics has created an environmental, social and governance committee but has not yet set an emission-reduction target, according to a report released Wednesday.

Taking actions to improve ESG metrics is becoming increasingly important to freight and supply chain companies. XPO’s diversity, equity and inclusion and environmental efforts were shared in its fourth sustainability report.

“Our updated sustainability report shows how our performance in 2021 aligns with our core values — safe,...

https://www.freightwaves.com/news/xpo-logistics-holds-off-on-emission-reduction-target

Convoy’s truckload sustainability report — Net-Zero Carbon

This episode of Net-Zero Carbon dives into Convoy's recent trucking report, data, and scope 3 emissions.

On this episode of Net-Zero Carbon, Tyler Cole, director of carbon intelligence at FreightWaves, is joined by Jennifer Wong, head of sustainability at Convoy, to review Convoy’s latest report on sustainability in truckload transportation. 

They discussed how shippers and logistics service providers have a growing interest in topics ranging from the value of data to improving vehicle efficiency and reducing emissions in freight. Convoy is working to educate and empower the shipping community to...

https://www.freightwaves.com/news/convoys-truckload-sustainability-report-net-zero-carbon

Sustainability report: Old Dominion Freight Line makes progress on emissions

Old Dominion Freight Line released a 2020 environmental, social and governance (ESG) report.

Old Dominion Freight Line’s first environmental, social and governance report shows emissions-reduction progress and includes sustainability data from 2018 to 2020.

The Thomasville, North Carolina-based less-than-truckload service provider reported that its direct (scope 1) and indirect (scope 2) greenhouse gas emissions decreased by about 12% from 2018 to 2020. The data in the report showed that supply chain-related emissions (scope 3) fell by nearly 15% from 2018 to 2020.

Old Dominion (NASDAQ:...

https://www.freightwaves.com/news/sustainability-report-old-dominion-freight-line-makes-progress-on-emissions

Generations divide over role of fleets, governments in sustainability regulations

The implementation of stricter environmental regulations is a topic of hot debate within the transportation industry ⁠— one with a fairly distinct generational divide. 

Convoy’s Sustainability in Trucking Snapshot Report, released in August, gathered feedback from 593 carrier respondents, 43% of which expressed neutrality regarding the tightening of government regulations for sustainability initiatives. However, twenty-five percent of those drivers with 20-plus years of experience claimed...

https://www.freightwaves.com/news/generations-divide-over-role-of-fleets-governments-in-sustainability-regulations

Corporate strategy for sustainability reporting — Net-Zero Carbon

Net Zero Carbon Cover

Norfolk Southern isn’t just in the business of moving freight, they’re in the business of a better planet. To learn more about Norfolk Southern’s industry-leading sustainability initiatives, go to nscorp.com/betterplanet.

The first step in meeting sustainability goals is setting those goals; the second step is communicating them down the line to all employees in your company.

How can that communication be made more effective coming from the corporate boardroom? Matt McLelland, Covenant Transport...

https://www.freightwaves.com/news/corporate-strategy-for-sustainability-reporting-net-zero-carbon

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