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Biden’s nominee to WTO wants to restore appellate-body function
International Trade
Bloomberg | Top Story | October 26, 2021

Biden’s nominee to WTO wants to restore appellate-body function

President Joe Biden’s nominee to the World Trade Organization said she will work to “restore” the institution’s defunct appellate body, which previously had the final say in trade disputes that affected billions of dollars in international commerce.
New York’s pounding rain raises flood threat into evening

Bloomberg | October 26, 2021 | Intermodal | Trucking

EU Brexit proposals for N. Ireland not enough, U.K.’s Frost says

Bloomberg | October 26, 2021 | International Trade

Arbitrator advances carrier health care network proposal

AJOT | October 26, 2021 | Intermodal | Rail

Phillips Connect welcomes Wazny as Vice President of channel sales

AJOT | October 26, 2021 | Intermodal | Trucking

Latam Airlines CEO cuts costs and emissions during bankruptcy

Bloomberg | October 26, 2021 | Air Cargo | Airlines

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Klibert appointed to Port of South Louisiana Board of Commissioners

AJOT | October 26, 2021 | Ports & Terminals

Louisiana Governor John Bel Edwards announced his appointment of Katie Klibert of LaPlace, Louisiana to the Port of South Louisiana Commission. She is filling the position left vacant by Patrick C. Sellars, who passed away on July 22, 2021. Klibert is a native of St. John the Baptist Parish and, along with her husband and son, has lived and worked in the River Region for over 20 years.

West Coast port delays data from FourKites

AJOT | October 26, 2021 | Ports & Terminals

Gas still has a bright shipping future in a much cleaner world
Energy
Bloomberg | Top Story | October 26, 2021

Gas still has a bright shipping future in a much cleaner world

Liquefied gas has a strong future as a marine fuel, even if shipping’s global regulator adopts stricter emissions targets.
The US may need another 1 million truck drivers over the next decade

Bloomberg | October 26, 2021 | Intermodal | Trucking

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Most of 2022’s solar PV projects risk delay or cancelation due to soaring material and shipping costs

AJOT | October 26, 2021 | Energy

The surging cost of manufacturing materials and shipping could threaten 50 gigawatts (GW) – a staggering 56% – of the 90 GW of global utility PV developments planned for 2022, a Rystad Energy analysis shows. Commodity price inflation and supply chain bottlenecks could lead to the postponement or even cancelation of some of these projects, impacting demand and consumer pricing for solar-generated power.

Maersk ready to confront supply chain challenges and propose solutions

AJOT | October 26, 2021 | Maritime | Liner Shipping

Aviance Ghana Ltd implements CHAMP’s Cargospot Handling

AJOT | October 26, 2021 | Air Cargo | Technology

Wall Street quant talent makes leap to self-driving startups

Bloomberg | October 26, 2021 | Intermodal | Trucking

Avianca seeks approval for plan that cuts airline’s debt by $3 billion

Bloomberg | October 26, 2021 | Air Cargo | Airlines

Ports Of LA/LB will assess ocean carriers $100 per container per day to move imports off docks
Ports & Terminals
Stas Margaronis | Top Story | October 26, 2021

AJOT Insights
Ports Of LA/LB will assess ocean carriers $100 per container per day to move imports off docks

In a bold move to end the gridlock at the Ports of Los Angeles and Long Beach, the two ports announced that they will assess ocean carriers $100 per container per day surcharges for import containers that are not moved off marine terminals after specified time periods.
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UPS profit tops estimates on pricing, e-commerce strength

Bloomberg | October 26, 2021 | Air Cargo | Freighters | Intermodal | Trucking

United Parcel Service Inc. rode higher prices and strong delivery demand driven by e-commerce to post profit that topped analysts’ expectations. It also raised its operating margin outlook to 13% for 2021 from an earlier target of 12.7%.

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