Rising sea levels and increasingly extreme weather are expected to cost ports and shippers billions of dollars annually.
“I think we’re looking at the beginning of the largest commodity market we’ve ever seen,” said Peter Fusaro, founder of the Wall Street Green Summit.
The six companies plan to produce at least 730,000 metric tons of green methanol by the end of 2025.
Vessel strikes are a major threat to whales, so better monitoring of their locations could help reduce collisions.
Truckstop’s acquisition of RMIS “puts us in this position to be an even better matchmaker between the carrier and the broker,” Tucker said.
In general, land-based oil spills are more time-intensive to clean up, but oil spreads out more rapidly in water.
“Ranges for zero-emission trucks are improving over time with battery technology advancements,” said Yin Qiu, data scientist at Calstart.
Nominated as finalists, Peggy Arnold, Francis Hernandez and Courtney Ohlandt are focused on safety and getting the job done.
Hyper rail systems could transport containers to and from ports quickly, according to WickedHyper’s CEO.
“Today, no area on the planet is left untouched by plastic pollution, from deep-sea sediment to Mount Everest. The planet deserves a multilateral solution that speaks from source to sea,” said Amina J. Mohammed, deputy secretary-general of the U.N.
As You Sow graded companies based on their progress toward achieving net-zero greenhouse gas emissions.
“Relative sea-level rise and the increased frequency and severity of storms are already affecting port activity, infrastructure and supply chains, sometimes disrupting trade and transport,” the report said.
JLE Industries is considering a variety of solutions to help more than 70% of its customers satisfy their ESG mandates.
Energy generated by the solar panels will charge the battery and power liftgates and ancillary equipment.
The procurement module will help companies find more sustainable suppliers, said Ethan Soloviev, chief innovation officer at HowGood.
“We are excited to help usher in a new era of intelligent, modern logistics with a focus on sustainability for our customers, our employees, our shareholders and our planet,” said Lily Shen, CEO and president.
“Partnering with Bunker Holding will accelerate the marine industry adoption of biodiesel to achieve aggressive carbon reduction goals,” said Bob Kenyon, senior vice president of sales and marketing at REG.
Nexxiot co-founder Daniel MacGregor chats with FreightWaves’ Tyler Cole about how data and Internet of Things can impact sustainability.
“The more we talk about data you need to be specific about what data you want to get and what purpose you want to get the data for,” said Rik Arends, program director at Smart Freight Centre.
FreightWaves’ Tony Mulvey and Torqata’s Rak-Joon Choi discuss how visibility and blockchain technology are impacting the automotive industry.
Of 18 companies that Friend of the Sea evaluated, it identified Hapag-Lloyd as “the international shipping company most committed to minimizing the risk of whale ship strikes.”
“There’s a lot more focus on tracking the product itself” when it comes to consumer packaged goods, said Bart De Muynck, vice president of supply chain research at Gartner.
“Removing plastic waste is a priority when discussing the protection of our oceans and conserving biodiversity,” CMA CGM Group said.
Green ammonia production emits no carbon dioxide, but it has major safety, cost and scaling hurdles to overcome.
Automation can help “you get a ton more value out of your existing systems and any new investments you want to make in technology,” said Eric Rempel, chief innovation officer at Redwood Logistics.
A carbon price is an “essential element in any decarbonization plan,” John Butler, president and CEO of WSC, said during a press conference Thursday.
“Across the board, our businesses showed momentum and ended the year on a strong note,” said Charles Freund, CFO at Fleetcor.
“This deal is a great opportunity to accelerate our joint sustainability efforts. SAF has a lot of potential to reduce CO2 emissions,” said Adriaan den Heijer, executive vice president at AFKLM Cargo and managing director at Martinair.
Value Maritime has developed a system to capture carbon onboard vessels, fill up CO2 batteries and use the captured carbon dioxide in greenhouses.
“Efficiency is the place to start. Look for opportunities to collaborate,” said Ryan Purcell, senior director of supply chain, global health and development at Coupa Software.
AskWaves dives into the potential benefits and drawbacks of using blue hydrogen on the path to green hydrogen.
“A complete transition to ZET technology would not only help mitigate the impacts of climate change and poor air quality but could eventually lower total cost of ownership for fleets and create job growth in the U.S.,” the report said.
“We’re not looking to replace trains. We’re looking to augment trains with a system that is trying to be competitive as an alternative to trucks,” said Matt Soule, co-founder and CEO at Parallel Systems.
“I do believe that companies can make this profitable for themselves,” said Zsofia Agnes Nagy, supply chain adviser at BZLW Consulting.
“International collaboration is essential to decarbonize global supply chains. It’s time to get started on this important work,” said Gene Seroka, executive director of the Port of Los Angeles.
Despite voluntary sustainability efforts and increasing regulations, shipping emissions are on the rise.
Volkswagen aims to support sustainability in shipbuilding and ship recycling through the initiative, said Simon Motter, head of Volkswagen Group Logistics.
The less-than-truckload service provider is using low-carbon diesel, efficiency improvements and electrification to reduce emissions.
The infrastructure, cost and emissions benefits of renewable natural gas make it a promising alternative fuel to decarbonize trucking, experts said.
Kubed Living is turning shipping containers into homes, offices and gyms.
“We founded Parallel to allow railroads to open new markets, increase infrastructure utilization and improve service to accelerate freight decarbonization,” said Matt Soule, co-founder and CEO at Parallel Systems.
“An earlier transition will allow more gradual changes, thereby reducing the risk of significant disruptions of the sector and of asset stranding,” the report said.
“People see themselves valued more by the marketplace sometimes than they do by where they are, and that’s why you suddenly see a lot of this Great Resignation business,” said Adrian Chapman, owner and CEO of Cover 3 Consulting.
“Before you start your TikTok or before you start your social media platform, make sure that you have a goal in mind,” said Luke Kostka, co-founder and creative director at New Norml Media.
“We need to be able to not only get that data, but as a transportation industry, we need to understand how to interpret that data,” said Brad Benbow, business growth investments at Ardagh Group.
“Climate protection is an issue that impacts everyone. While we can work towards this goal internally, we also wanted to provide an opportunity to enroll our customers in our mission toward carbon neutrality,” said Mark McCullough, Gebrüder Weiss USA CEO.
“This year will be the year for Maersk to ensure green solutions are developed end to end,” said Henriette Hallberg Thygesen, CEO of fleet and strategic brands at Maersk.
Transport refrigeration company Thermo King’s R452A refrigerant will reportedly reduce carbon emissions by 50%.
A bill in the state of New York proposes environmental and social disclosure requirements for fashion companies.
“The first thing to do is to have an understanding of what type of offset it is that you’re looking for because there’s quite a range of pricing,” said Andrew Hall, director of sustainable finance at Trayport.
“We’ll see real progress as more companies have leadership at the highest levels in the company focused on sustainability and incorporating sustainability into business strategy,” said Susan Uthayakumar, chief sustainability and energy officer at Prologis.
“2022 must be the year where commitments are turned into concrete steps and binding regulations,” said Madeline Rose, climate campaign director at Pacific Environment.
“Absolute figures are always dependent on transport activity. But if you have the emissions intensity, you as a shipper or a freight buyer can make a very educated decision,” Moritz Tölke, technical manager at the Smart Freight Centre, told FreightWaves.
Deutsche Post DHL Group is ranking its road transport subcontractors on their level of sustainability.
Shippers increasingly search for suppliers with sustainable operations.
While many companies put environmental concerns on the back burner the past two years, “the topic has very much returned to the top of the agenda for most leading players in the industry today,” said Greg Hewitt, CEO at DHL Express USA.
Renewable diesel continues to grow in popularity due to its emission-reduction potential and health benefits for workers and surrounding communities.
Experts across the supply chain weigh in on the most impactful sustainability trends in 2021.
“Demand for RNG will continue its rapid growth trajectory. We are in the early days of seeing corporate goals to reduce carbon turned into actual actions,” Greg Roche, vice president of sustainability at Clean Energy, told FreightWaves.
Ryder and Blume Global demo their Rydershare and ConnectGo Live freight technologies during FreightWaves’ Domestic Supply Chain Summit.
“This is not optional. This is going to be a core part of how we think about our investments going forward,” Jon Bradford, a partner at Dynamo Ventures, said.
“In the longer term beyond the mid-2030s, EVs are the biggest factor, but the 2030s are a long time away,” said Aaron Terrazas, director of economic research at Convoy.
Making freight and logistics activities sustainable in the Asia-Pacific region is anything but simple.
The unique design will improve port efficiency and increase capacity, according to Maersk.
Crowley wants to be “the most sustainable and innovative maritime and logistics company in the Americas by 2025,” says Alisa Praskovich, sustainability director at the company.
Electric vehicle technology is advancing rapidly, but some wonder whether the batteries can get the job done in harsh environments.
CN and CSX received recognition for their action on climate change. UP has upped its targets and released a plan to reach them.
CNGmotive’s solution for fueling locomotives provides potential to decarbonize rail using renewable natural gas.
Service Professionals’ exhaust reaction system can save 10% to 30% on fuel consumption, according to CEO and founder Jack Schickler.
As demand for shipping increases, whales are more at risk of colliding with vessels. A new certification provides strategies to prevent collisions.
An environmental coalition urges Target, Walmart, Amazon and Ikea to clean up their maritime emissions and shipping routes.
“I wanted to find a way to reduce emissions that was nonregulatory and allowed shippers to select carriers based on operational efficiency [and] price,” says Eric Beckwitt, Freightera founder and CEO.
B-Stock Solutions CEO Howard Rosenberg shares a sustainable avenue for retailers to get rid of overstock, late or unsold seasonal goods.
On this episode of Net-Zero Carbon, Tyler Cole, director of carbon intelligence at FreightWaves, chats with Desiree Wood, founder and president of REAL Women in Trucking, about truck driver issues […]
Experts explore different sustainable fuels and dive into how fleets can reduce their GHG emissions once they have started measuring.
Green bonds are designed to help companies fund environmentally sustainable projects that often have higher upfront costs.
SONAR Supply Chain Intelligence (SCI) allows carriers to compare their lane rates with the market to see where they fall.
A climate conference in Glasgow, Scotland, hosted Transport Day on Wednesday, when global leaders signed on to create at least six green maritime routes by 2025.
Schneider aims to “eradicate manual processes and paper because it is completely inefficient,” said Erin Van Zeeland, group senior vice president and general manager of logistics services at the company.
Company demos presented during FreightWaves’ F3 Virtual Experience show how automation can provide cost and time savings.
From yard management and ELD integrations to payments and email programs, companies displayed their FreightTech during F3.
Finding capacity and orchestrating communication along supply chains.
What makes visibility systems useful for supply chains is when it flows that information into a company’s planning systems, says Kevin O’Meara, vice president of integrated supply chain at Shaw Industries Group.
FreightTech companies demonstrated products and services designed to improve efficiency in supply chains.
Neste is supplying Cox Petroleum Transport with a fuel that can bring immediate emissions and cost savings: renewable diesel.
“The customer demand will change so much faster than the industrial processes, and I think that to be early might be challenging, but to be too late will be devastating,” said Anna Borg, president and CEO of Vattenfall.
Shipping container EV chargers can halve installation setup time and costs, Amply CEO Vic Shao said.
Fleetcor’s third-quarter adjusted earnings per share grew 26% year-over-year, while new sales bookings grew 52% in the same period.
Matson set additional emissions-reduction targets Monday. The Hawaii-based shipping company plans to reach its goals by improving efficiency and accelerating zero-carbon fuels and technologies.
The Science Based Targets initiative standard for setting net-zero emissions targets can provide companies with guidance while increasing the credibility of their goals.
“These international commitments are valuable, but of course they are no replacement for actual action on the ground,” said Timothy O’Connor, senior director and senior attorney of energy transition strategy at the Environmental Defense Fund.
The freight and supply chain sector is often categorized as “hard to abate” when it comes to greenhouse gas emissions. AskWaves digs into why that is.
The number of idling vessels has roughly doubled in the past decade, in part due to port congestion, a recent study finds. Idling vessels are at higher risk of biofouling, especially in warm waters.
Several large retailers are pledging that in less than 20 years, they will ship goods across the ocean without emitting greenhouse gases. Some environmental groups say that’s not soon enough.
Stockholm-based TrusTrace plans to use the capital to expand globally, enhance product development and “continue leveraging cutting-edge technology and the best minds in the industry to achieve positive, restorative change for people and the planet,” said Shameek Ghosh, CEO and co-founder.
The transportation industry needs to transition to cleaner fuels to keep global temperature rise below 1.5 degrees Celsius. Green hydrogen-based fuels have potential to decarbonize shipping, aviation and long-haul trucking, according to recent reports.
Despite Ikea’s many climate-related goals, Ship It Zero is calling out the Swedish retailer and other major players such as Amazon and Walmart via “die-ins” to highlight shipping emissions’ impacts on human and environmental health.
AskWaves talks with an expert to learn how the Global Logistics Emissions Council provides a single framework for supply chains around the world to track emissions.
Captured carbon dioxide and green hydrogen are combined to make e-methanol. Sweden-based Liquid Wind has big plans for this alternative shipping fuel.
More than 220 of the most innovative freight companies were nominated. Those were narrowed down to the top 100.