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The extreme market events of April 20 and April 21 were driven by several factors, including the inability of contract holders to find other market participants to sell the futures contracts. In addition, in this case, the scarcity of available crude oil storage meant several market participants could not take physical delivery at expiration and...

Starting more than 80 years ago, the American Society of Mechanical Engineers (ASME) developed Safety Standards for cranes, derricks, hoists, and other lifting equipment. The ASME B30 Standard Committee was responsible for this work and it received general approval from the American National Standards Institute (ANSI) as each specific volume was created and updated for...

Recognizing and rewarding the recycling industry’s best in demonstrating core safety values The Institute of Scrap Recycling Industries (ISRI) is extending the entry period for both the 2020 Transportation Safety Awards and the Circle of Safety Excellence™ (COSE) Occupational Awards to May 15, 2020. The Transportation Awards, sponsored by the RecycleGuard® Insurance Program, is now...

Due to disruptions caused by the COVID-19 Outbreak, the Federal Motor Carrier Safety Administration (FMCSA) is giving states more time to update the driving records of commercial driver’s license (CDL) and commercial learner’s permit (CLP) holders who are convicted of a disqualifying offense. Normally, states are required to update driving records within 10 days after...

ISRI received the Susan B Harwood grant for 2020 under the category of loading dock safety. For the scrap industry this includes all receiving operations. The end product of the grant will be a course addressing the hazards associated with receiving operations. Consequently, ReMA staff would like to request photographs of prohibited, difficult to recycle,...