Google uses AI to fast-track predicting weather catastrophes
Shipping Technology
Stas Margaronis | Top Story | May 01, 2024

AJOT Insights
Google uses AI to fast-track predicting weather catastrophes

Google has developed a new generative AI model that it says can predict weather patterns more efficiently than conventional physics-based weather forecasting models, up to 14 days in advance.
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Crowley and Teamsters Union Local 901 reach new agreement in Puerto Rico

AJOT | May 01, 2024 | Maritime | Liner Shipping | Ports & Terminals

Crowley and Teamsters Union Local 901 have reached a new labor agreement to extend their longtime partnership into its sixth decade serving the shipping and logistics needs of Puerto Rico.

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Averitt recognized as Logistics Supplier of the Year by Trane Technologies

AJOT | May 01, 2024 | Trucking

Averitt, a leading provider of transportation and logistics services, has been awarded Trane Technologies’ Logistics Supplier of the Year.

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Stonemont Financial Group delivers industrial park in Wilmer, Texas

AJOT | May 01, 2024 | Logistics

565,000-square-foot development caters to regional and national distributors, expands firm’s footprint in North Texas

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Air cargo’s ‘black swan’ event sees demand peak, as attention turns to Q4 market

AJOT | May 01, 2024 | Air Cargo | Freighters

The impact of air cargo’s ‘black swan’ event – conflict in the Red Sea disrupting ocean freight services – showed signs of easing in April but volume growth still registered the fourth straight month of +11% increases in global air freight demand, according to the latest weekly data analysis by Xeneta.

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South Korea’s export growth picks up, led by record US demand

Bloomberg | May 01, 2024 | International Trade

South Korea’s export growth accelerated last month, led by record demand from the US fed by strong economic momentum as China struggles to recover from a domestic slump.

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Retailers and wholesalers overtook 3PL providers as top drivers of big-box warehouse demand in 2023

AJOT | May 01, 2024 | Logistics

General retailers and wholesalers leased the most big-box warehouse space in North America in 2023, accounting for 36% of all transactions, according to a new report from CBRE. Retailers and wholesalers dethroned last year’s top occupier category, third-party logistics (3PL) providers.

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The WestJet Group’s growth strategy comes to life in Halifax this summer amidst return of transatlantic air connectivity

AJOT | May 01, 2024 | Air Cargo | Airlines

Alexis von Hoensbroech, WestJet Group CEO, commemorates first visit to Halifax with key partners and community members, reaffirming commitment to Atlantic Canada

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MSC BRC - scope: East Africa and Red Sea to USA and San Juan Puerto Rico

AJOT | May 01, 2024 | Maritime | Liner Shipping

MSC’s new monthly Bunker Recovery charge (BRC) as of June 1st, 2024, last container gate in date.

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MSC GRI cancelled scope: USA & Puerto Rico to Middle East and Gulf

AJOT | May 01, 2024 | Maritime | Liner Shipping

MSC GRI is cancelled and will no longer apply.

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Cleo introduces new order automation solution for suppliers

AJOT | May 01, 2024 | Shipping Technology

CIC ORCA dramatically improves B2B buying experiences for non-EDI buyers by delivering seamless “eCommerce to EDI” workflows

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MSC BRC - scope: Australia, New Zealand, Fiji, Noumea & Bell Bay ports to USA

AJOT | May 01, 2024 | Maritime | Liner Shipping

MSC BRC levels applicable for Australia, New Zealand, Fiji, Noumea & Bell Bay to USA effective June 1st, 2024, will be the following:

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MSC BRC - scope: Import Mexico and Canada to USA & Puerto Rico

AJOT | May 01, 2024 | Maritime | Liner Shipping

Import from Mexico & Canada to USA & Puerto Rico, the BRC will remain same levels effective June 1st, 2024.

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TCA announces new carrier recognition program TCA Drivers’ Choice Awards – The Elite Fleets

AJOT | May 01, 2024 | Trucking

In partnership with the University of Denver’s Transportation & Supply Chain Institute

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Mexico tariffs on steel, plastics to affect 7% of total imports

Bloomberg | May 01, 2024 | International Trade | Commodity

Mexico’s decision to slap tariffs on some goods from countries with which it doesn’t have trade agreements will only affect about $48 billion of the country’s imports, around 7% of the total, according to a Finance Ministry official.

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WACO urges members to prepare for ICS2 & enhance insurance cover

AJOT | May 01, 2024 | Logistics

Delegates at WACO’s 98th Annual General Meeting were advised to prepare themselves and customers for incoming regulations and ensure company insurance policies reflect global risks

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AAR reports rail traffic for April and the week ending April 27, 2024

AJOT | May 01, 2024 | Intermodal | Rail

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 27, 2024, as well as volumes for April 2024.

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