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Nigeria’s junior oil minister predicts fall in pump price of petrol

- Kachikwu says the fall in diesel price is proof that petrol pump price will also fall soon - The oil minister predicts that the pump prices will start falling from between next 4 to 6 months - Kachikwu says the government has done huge work to stabilize the price of the

Harvey Blocks ‘Critical’ Point of Entry for Cargo

Goods once destined for Houston have wound up as far away as the Bahamas and Mexico   (WSJ) - Houston’s Seaport may take weeks to fully recover from Harvey, a rare long-term disruption at a major U.S. shipping center that will exact a financial toll on thousands of retailers and manufacturers. Port Houston

Freight Companies Scramble to Reroute Goods in Wake of Harvey

Trucking fleets, railroads and shipping lines are rerouting cargo and setting up alternate supply lines as Tropical Storm Harvey promises to disrupt freight traffic across southeast Texas for days. Seaports in Houston and Corpus Christi have been closed to most ships since before Harvey made landfall Friday, and rising waters from days of heavy rains and

Iceland Gets A Drone Delivery Service

Almost four years ago, Amazon CEO Jeff Bezos went on "60 Minutes" and unveiled his vision of having drones deliver packages right to customers’ doorsteps. Ideally, this would occur within 30 minutes of the order. Bezos speculated it might take four or five years to get things right and win the

Robot Ship Experimenting to Disrupt the Global Shipping Industry

Japanese container line to conduct trans-Pacific test in 2019 Japan is aiming to set global standards for automated ships   (Bloomberg) - Japan’s largest container line plans to test a remote-controlled vessel across the Pacific Ocean in 2019 as it pursues fully autonomous technology that could disrupt the global shipping industry. Nippon

Royal Mail is getting some seriously super-futuristic mail trucks

LONDON — Royal Mail is getting some seriously futuristic new mail vans. As previously reported by Engadget, Wired, and elsewhere, the British postal service has announced a trial of nine electric-powered vehicles in London and South-East England. They're made by British electric truck company Arrival and will come in three sizes: 3.5-tonne, six-tonne, and

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