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Forbes (August 24)

2022/ 08/ 26 by jd in Global News

“Europe’s worst drought and heatwave in half a millennium is also a disaster in the realm of energy.” Though unspeakable suffering has followed in its wake, “it is the drought, especially the drying of European rivers, which should worry everyone the most…. Rivers are Europe’s economic and transportation backbone, and their drying will drive up energy and commodity prices” and stifle logistics and energy production. “Rivers form an invisible but vital infrastructure to every part of the European economy, and energy is no exception.”

 

Markets Insider (April 7)

2022/ 04/ 09 by jd in Global News

Investors are punishing transportation stocks “in the face of sky-high fuel prices and slowing growth.” Since hitting a November high, the Dow Jones Transportation Average has fallen 20%, “the technical definition of a bear market.” Often seen as “a bellwether for the health of the underlying economy, the index is comprised of “transportation stocks, from logistics companies such as FedEx and UPS, airlines, to railroad operators like Union Pacific.”

 

BloombergQuint (October 19)

2021/ 10/ 20 by jd in Global News

Hoarding and food shortages are back, even though “there’s plenty of food. There just isn’t always enough processing and transportation capacity to meet rising demand as the economy revs up. More than a year and a half after the coronavirus pandemic upended daily life, the supply of basic goods at U.S. grocery stores and restaurants is once again falling victim to intermittent shortages and delays.”

 

Wall Street Journal (September 16)

2021/ 09/ 20 by jd in Global News

“Transportation costs—typically a fraction of a finished product’s price—are emerging as another supply-chain hurdle, overwhelming some companies already paying more for raw materials and labor…. The Covid-19 pandemic has driven a long-lasting surge in transportation costs, putting pressure on many businesses already confronting higher wages and raw-material prices. Some CEOs are saying they expect elevated freight costs stretching into 2023.”

 

The Oregonian (April 22)

2021/ 04/ 24 by jd in Global News

Lawmakers in Oregon may pass “a bill that would require owners of new, fuel-efficient cars and trucks to pay a fee for every mile they drive beginning in 2026. The legislation is intended to help address what transportation officials say is a grim financial reality facing Oregon and other states: Gas taxes are not a sustainable way to pay for highway and street maintenance projects.”

 

The Oregonian (April 22)

2021/ 04/ 02 by jd in Global News

Lawmakers in Oregon may pass “a bill that would require owners of new, fuel-efficient cars and trucks to pay a fee for every mile they drive beginning in 2026. The legislation is intended to help address what transportation officials say is a grim financial reality facing Oregon and other states: Gas taxes are not a sustainable way to pay for highway and street maintenance projects.”

 

LA Times (December 19)

2019/ 12/ 21 by jd in Global News

In its first climate risk assessment, CalPERS, the largest U.S. pension fund, “found that one-fifth of the fund’s public market investments were in sectors that have high exposure to climate change. Those include energy, materials and buildings, transportation, and agriculture, food and forestry.” The report by CalPERS, however, didn’t go into much detail because “less than half of the 10,000-plus companies in their portfolio voluntarily disclose information about their carbon emissions.”

 

New York Times (July 18)

2017/ 07/ 19 by jd in Global News

“There is simply no credible way to address climate change without changing the way we get from here to there, meaning cars, trucks, planes and any other gas-guzzling forms of transportation. That is why it is so heartening to see electric cars, considered curios for the rich or eccentric or both not that long ago, now entering the mainstream.”

 

Nikkei Asian Review (April 20)

2016/ 04/ 21 by jd in Global News

“Transportation and logistics networks brought to a standstill by the recent earthquakes in Kyushu are starting to return to life, while utilities are striving to restore such crucial services as electricity and gas.” Kumamoto Airport has partially reopened and the shinkansen resumed service to Kagoshima, but nearly 100,000 households still lack running water and gas. In contrast, electricity has been restored to all but 6,500 households.

 

USA Today (July 24)

2015/ 07/ 25 by jd in Global News

“America has a transportation problem. Its highways and bridges are in desperate need of repairs. Its major population centers are in desperate need of road and rail capacity to get people and products out of traffic jams. And the Highway Trust Fund—used to build and maintain those roads, bridges and transit systems—is running short of cash.” Congress needs to take action and increase the “federal gasoline tax which hasn’t been raised since 1993.” This “simple and fair” solution “hits people who use the roads the most and drive the least fuel-efficient vehicles. Just raise it already.”

 

 

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