James J Kelleher News

U.S. Natgas Engine Sales Lagging Fuel's Steep Price Plunge

Natural gas-fueled engines, touted as a clean, low-cost alternative to diesel, continue to struggle for acceptance in the U.S. transportation sector despite a surge in gas production that has sent the alternative fuel's domestic price plunging. U.S. natural gas prices closed on Friday at $3.766 per million British thermal units, down 42 percent since February. At its current levels, natgas is about $1.50 a gallon cheaper than diesel fuel, according to the U.S. Energy Information Administration. For U.S. railroads alone, which consumed 3.6 billion gallons of diesel in 2012, the potential savings are huge. Yet more than a year after Warren Buffett's BNSF Railways Corp generated big headlines with a plan to test a handful of natgas locomotives…

Horizon LInes Receive Devlin Safety Awards

Horizon Lines' vessels receive 2011 Jones F. Horizon Lines, Inc., one of the nation's leading domestic ocean shipping companies, has received recognition from the Chamber of Shipping of America (CSA) for its safety record, as well as for the rescue earlier this year of three stranded sailors by the Horizon Reliance. CSA presented six Horizon Lines vessels and their crews with the 2011 Jones F. Devlin Award for safety at its 2012 Annual Safety Awards luncheon last month. Together…