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BYD new energy passenger vehicles soaring 252.7% YOY in November

AJOT | December 06, 2021 | International Trade

Fraport-TAV seeks up to $1.7 billion loan for Antalya Airport

Bloomberg | December 06, 2021 | Air Cargo | Airports

German factory orders slump as foreign demand plummets

Bloomberg | December 06, 2021 | International Trade

U.K. pushes U.S. to remove Trump-era steel, aluminum tariffs
International Trade
Bloomberg | Top Story | December 05, 2021

U.K. pushes U.S. to remove Trump-era steel, aluminum tariffs

U.K. Trade Secretary Anne-Marie Trevelyan will press U.S. Commerce Secretary Gina Raimondo on Tuesday to remove Trump-era tariffs on British steel and aluminum after the U.S. struck a deal with the European Union in October to remove their levies.
U.S. Winds of Inflation Are Blowing Winter Gale: Eco Week Ahead

Bloomberg | December 05, 2021 | International Trade

‘China shock’ still shakes world grappling with trade’s future

Bloomberg | December 04, 2021 | International Trade

U.S. ship logjam stretching far into pacific is longer than ever

Bloomberg | December 04, 2021 | Maritime | Liner Shipping

John Lynch named Trucking Cares Foundation President

AJOT | December 03, 2021 | Intermodal | Trucking

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WorldACD: Trends for the past 5 weeks (wk 47)

AJOT | December 03, 2021 | Air Cargo | Freighters | By The Numbers

WorldACD's latest views on air cargo market developments, covering each of the last 5 weeks up till Sunday 28 November.

AstraKode and Sitedropp join Sente’s LogisticsTech program

AJOT | December 03, 2021 | Shipping Technology

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Anker Logistica report their latest flexsteel pipes shipment

AJOT | December 03, 2021 | Project / Heavy Lift

Anker Logistica y Carga (Project Cargo Network members in Colombia) have been handling flexsteel pipe projects for over 9 years and have developed a truly organised and symbiotic relationship with suppliers, local truckers, terminals and carriers.

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Russia mulls setting wheat export quota at 9 million tons

Bloomberg | December 03, 2021 | International Trade | Commodity

Russia is discussing setting its wheat-export quota that runs from mid-February through June at 9 million tons, according to people familiar with the matter.

Lithuania appeals to EU as China feud expands to trade dispute

Bloomberg | December 03, 2021 | International Trade

APM Terminals Elizabeth targeting intermodal cargo
Intermodal
AJOT | Top Story | December 03, 2021

APM Terminals Elizabeth targeting intermodal cargo

12 hour dwell time for import rail cargo on terminal combined with four outbound train departures daily is designed to alleviate supply chain strain with fast inland movement. Abundant space at Millennium Marine Rail facility and rail car capacity able to grow further. Offers alternative gateway options for supply chain planners. Elizabeth, New Jersey USA – December 3, 2021 – APM Terminals Elizabeth is looking to use its first port of call momentum to expand intermodal cargo volumes to and from the Midwest and Canada. Using a direct-to-rail landing zone section on the terminal during vessel discharge operations, APM Terminals Elizabeth is able to expedite rail cargo to its near dock rail facility 12 hours (avg.) after discharge. Once cargo arrives at the Millennium Marine Rail-operated terminal (an APM Terminals joint venture), port Labor and APM Terminals teams work on the 18 track rail operation building doublestack trains for fast handoff to three Class I railroads (CSX, NS, CN) that take it to inland markets 2-4 days away. On the return trip, trains carrying U.S. exports call the terminal for loading on vessels, ensuring a smooth roundtrip railcar flow. Jon Poelma, Managing Director of APM Terminals Elizabeth said “Our rail service has been very stable and consistent – thanks to our Longshore Labor partners doing a fantastic job with productivity and availability. Rail carriers are benefitting from the strong import and export market as they see their intermodal cargo volumes continue to grow. Locomotive and railcar availability throughout the pandemic has been steady and reliable.” APM Terminals Elizabeth also works closely with The Port Authority of New York and New Jersey to ensure train performance and rail infrastructure in the port is supportive of the growth. The Port of New York and New Jersey has the largest rail lift capacity of any U.S. East Coast port. “Being the first port of call for the majority of U.S. East Coast-bound ocean carriers is a huge benefit and value for customers and partners of the Port of New York and New Jersey because we have the ability to move a container off a vessel to major inland markets before the vessel even leaves our port,” said Sam Ruda, director of the Port of New York and New Jersey. “The coordination between our marine terminal operators, Class 1 railroad partners and Conrail has kept our ExpressRail system fluid and efficient during the record-breaking cargo surge facing ports nationwide, giving us the ability to flex cargo capacity whenever the need arises. Our close collaboration with port stakeholders such as APM Terminals and the waterfront workforce has been key to the success of the port during a historic moment at the port made only more challenging by the overlay of the global COVID-19 pandemic.” APM Terminals Elizabeth’s Director of Rail, Cecily Holmes added ‘We are keeping pace with the customer demand we’re seeing in our imports and exports coming through the terminal. Our rail providers are performing well and our operational goal of integrated supply chains is on the mark.” APM Terminals Elizabeth recently completed a $200 million infrastructure investment that made the terminal better and safer for ships, truckers and rail operations. New infrastructure, including new ship-to-shore cranes, modernized IT systems and new truck gates were added. To achieve safer operations, the terminal rolled out artificial intelligence to trigger a notification to the Terminal Safety team to respond to the trucker location when a trucker steps out of the truck. (The terminal handles over 5000 truck gate activities daily). APM Terminals Elizabeth has also rolled out an appointment visibility app as well as a mandatory driver induction app to ensure driver safety awareness policies on the terminal for truckers. Truck turn times are averaging 52 mins for all moves and detention times for import containers are down 75% as customers take delivery of import cargo faster. This performance prompted The Bi-State Motor Carriers Association to award the terminal – terminal of the year 2021.
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U.S. Energy Secretary, RI Governor and labor leaders tour Ørsted and Eversource’s new offshore wind construction hub

AJOT | December 03, 2021 | Project / Heavy Lift

Joint venture partners Ørsted and Eversource welcomed U.S. Secretary of Energy Jennifer M. Granholm, Rhode Island Governor Dan McKee and Labor leaders today for a tour of the companies’ new regional offshore wind construction hub, now being built at ProvPort, in Providence, Rhode Island.

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Phoenix Shipping with RORO Shipment from Bahrain to Qatar

AJOT | December 03, 2021 | Project / Heavy Lift

Project Cargo Network members in Bahrain, Phoenix Shipping are pleased to share a recent export RORO shipment to Hamad Port in Qatar with logistics support provided.

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Tanker Market Outlook: Why not yet and why now

AJOT | December 03, 2021 | Maritime | Bulk | By The Numbers

We are now in December and the tanker market remains surprisingly weak. At the time of writing, rates in the MR segment are around USD 8,000 per day – double the level earlier this autumn, certainly, but still some way below what an MR vessel requires in order to break even. The same applies to crude oil tankers like the Suezmax vessels.

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More OPEC production and higher global natural gas prices widen crude oil price spreads

AJOT | December 03, 2021 | Energy | Conventional | By The Numbers

Rising crude oil exports from OPEC members that produce mostly medium-sulfur or high-sulfur crude oils, also called sour crude oils, and higher natural gas prices have contributed to lower prices for sour crude oils relative to low-sulfur (sweet) crude oils.

Big airline orders moving ahead despite variant, executive says

Bloomberg | December 03, 2021 | Air Cargo | Airlines

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