Skip to content
Search AI Powered

Latest Stories

Port of Oakland joins bid for extra funding for green operations

Coalition of groups asks for $2.25 billion from California state budget surplus to accelerate conversion from diesel to electric equipment.

oakland_39482308731_f05660fafe_k.jpg

State funding could accelerate west coast cargo ports’ transition from diesel to electric equipment under a $2.25 billion plan being pushed by the Port of Oakland and a coalition of supply chain and environmental groups.

The letter to legislative leaders follows projections of a $75.5 billion 2022 state surplus generated despite the ravages and shutdowns of the pandemic. The transportation partners are now seeking a share of that surplus state revenue to finance three goals: zero-emission trucks and cargo handling equipment; infrastructure such as electric charging stations; and training to operate and maintain that equipment.

“The need for state investment to accelerate zero-emission vehicle adoption has never been more urgent, nor has the state ever had the means, as it does today, to enact change,” said the letter from 37 organizations including Oakland and five other California ports. “The state surplus presents a once in a lifetime opportunity to lay the strong foundation for an accelerated and equitable transition to a zero-emission freight transportation system.” 

The scale of marine freight operations at California ports is large, with more than 6,000 big rigs now registered to transport cargo containers in and out of Oakland alone, as well as dozens of pieces of cargo handling equipment used to lift those heavy boxes at its four marine terminals. Nearly all of those vehicles run on diesel, but clean technology pilots have already been shown to be effective at reducing their pollution. The Port of Oakland reports a 98% drop in diesel truck emissions over the past decade through clean truck programs.

“We share your goals of reducing greenhouse gas emissions, improving air quality and public health, and transitioning to zero-emission vehicles and cargo handling equipment,” said signatories to the request for state surplus revenue. “Our commitment to this goal is evident in our collective global leadership to innovate and implement cutting-edge emission reduction practices. To continue this trajectory, it is imperative that the state’s policy leadership be accompanied by major fiscal investments to achieve these goals.”

Recent

More Stories

cover of report on electrical efficiency

ABI: Push to drop fossil fuels also needs better electric efficiency

Companies in every sector are converting assets from fossil fuel to electric power in their push to reach net-zero energy targets and to reduce costs along the way, but to truly accelerate those efforts, they also need to improve electric energy efficiency, according to a study from technology consulting firm ABI Research.

In fact, boosting that efficiency could contribute fully 25% of the emissions reductions needed to reach net zero. And the pursuit of that goal will drive aggregated global investments in energy efficiency technologies to grow from $106 Billion in 2024 to $153 Billion in 2030, ABI said today in a report titled “The Role of Energy Efficiency in Reaching Net Zero Targets for Enterprises and Industries.”

Keep ReadingShow less

Featured

Logistics economy continues on solid footing
Logistics Managers' Index

Logistics economy continues on solid footing

Economic activity in the logistics industry expanded in November, continuing a steady growth pattern that began earlier this year and signaling a return to seasonality after several years of fluctuating conditions, according to the latest Logistics Managers’ Index report (LMI), released today.

The November LMI registered 58.4, down slightly from October’s reading of 58.9, which was the highest level in two years. The LMI is a monthly gauge of business conditions across warehousing and logistics markets; a reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
iceberg drawing to represent threats

GEP: six factors could change calm to storm in 2025

The current year is ending on a calm note for the logistics sector, but 2025 is on pace to be an era of rapid transformation, due to six driving forces that will shape procurement and supply chains in coming months, according to a forecast from New Jersey-based supply chain software provider GEP.

"After several years of mitigating inflation, disruption, supply shocks, conflicts, and uncertainty, we are currently in a relative period of calm," John Paitek, vice president, GEP, said in a release. "But it is very much the calm before the coming storm. This report provides procurement and supply chain leaders with a prescriptive guide to weathering the gale force headwinds of protectionism, tariffs, trade wars, regulatory pressures, uncertainty, and the AI revolution that we will face in 2025."

Keep ReadingShow less
chart of top business concerns from descartes

Descartes: businesses say top concern is tariff hikes

Business leaders at companies of every size say that rising tariffs and trade barriers are the most significant global trade challenge facing logistics and supply chain leaders today, according to a survey from supply chain software provider Descartes.

Specifically, 48% of respondents identified rising tariffs and trade barriers as their top concern, followed by supply chain disruptions at 45% and geopolitical instability at 41%. Moreover, tariffs and trade barriers ranked as the priority issue regardless of company size, as respondents at companies with less than 250 employees, 251-500, 501-1,000, 1,001-50,000 and 50,000+ employees all cited it as the most significant issue they are currently facing.

Keep ReadingShow less
photo of worker at port tracking containers

Trump tariff threat strains logistics businesses

Freight transportation providers and maritime port operators are bracing for rough business impacts if the incoming Trump Administration follows through on its pledge to impose a 25% tariff on Mexico and Canada and an additional 10% tariff on China, analysts say.

Industry contacts say they fear that such heavy fees could prompt importers to “pull forward” a massive surge of goods before the new administration is seated on January 20, and then quickly cut back again once the hefty new fees are instituted, according to a report from TD Cowen.

Keep ReadingShow less