Delta looks for cheaper crude oil for its refinery

default_image

© Khunaspix Dreamstime.

By Alex Lennane

07/09/2012

Delta’s decision to buy an oil refinery in a bid to cut fuel costs has attracted much interest from a cash-strapped, fuel-heavy logistics industry. The airline hopes the refinery will be up and running by the end of this month, but is trying to source cheaper crude oil to feed its habit.

Read more...

Comment on this article

You must be logged in to post a comment.

Topics

Emissions & Omissions BIFA Carbon Border Adjustment Mechanism EU ETS Woodland Group

Most read news

Etail by air – here to stay or on a short shelf life?

HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance

How crazy is this: DSV goes hostile on Expeditors or CH Robinson?

The rise and rise of China's ecommerce platforms

Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban

Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline

Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali

Another strong month for US ports as container flows continue to rise

DSV chief reticent on Schenker: the focus on growing market share

MSC redeploys 'Israel-linked' box ships away from Persian Gulf

Boxes piling into Mexican ports – but then piling up

Liners add capacity to Asia-ECSA as ocean rates hit 18-month high

WSC asks US court to order FMC to correct 'inconsistent' new D&D rules

K+N looks past Q1 revenue drop to improved margins from restructure

US intermodal picking up steam as trucking woes continue

Air Canada Cargo adds freighter service to Chicago