Volume 1 Issue 19
It has been a fairly uneventful week across the markets in the United States, Europe and Asia. Ships have generally been kept busy, while the majority of cargoes have secured space with relative ease and at freights that have not really moved one way or the other. -by Adrian Brown
Group design, a holistic approach or a team effort - however its described, the key to achieving the next set of automotive fuel economy goals is working together across disciplines and companies, said several industry experts at a gathering in Philadelphia last week.
Shell and one of its lubricant distributors recently opened a terminal and supply hub in northern Nevada dedicated to serving mining companies in the area. Sources said such facilities help cope with the long distances and large lubricant demands that the industry faces.
Valvoline reported increased operating income, Clean Harbors Safety-Kleen segment posted higher revenues and Heritage-Crystal Cleans oil business segment reported lower revenue for the quarter ending March 31.