American Journal of Transportation | North America's Premier Transportation News Resource

Agility’s CEO for Africa discusses the continent’s opportunities and challenges

Logistics

Stuart Todd | Top Story | April 30, 2024

Agility’s CEO for Africa discusses the continent’s opportunities and challenges

AJOT interviews Geoffrey White, long-standing CEO Africa of Kuwait-based logistics group Agility, who provides insights into trade in Africa, the challenges faced and the opportunities which lie ahead.

From crisis to opportunity: Rethinking water management in a changing climate

Ports & Terminals

AJOT | Top Story | April 30, 2024

From crisis to opportunity: Rethinking water management in a changing climate

As climate change intensifies, I’ve noticed a notable increase in extreme weather events hampering critical shipping routes and waterways from the Rhine to the Mississippi.

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

AJOT | April 30, 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.

Stonemont Financial Group delivers industrial park in Wilmer, Texas

Logistics

AJOT | Top Story | April 30, 2024

Stonemont Financial Group delivers industrial park in Wilmer, Texas

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

Proxy adviser Glass Lewis urges vote against Boeing CEO

Bloomberg | April 30, 2024 | Air Cargo | Airlines

Spirit Aero, Airbus near critical talks on fate of supplier

Bloomberg | April 30, 2024 | Air Cargo | Airlines

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Union Pacific testing first-of-its-kind hybrid locomotive

The first of six cutting-edge hybrid battery-electric locomotives designed and built by Union Pacific Railroad and its partner ZTR, a leading rail technology company, will undergo extensive testing next month in a Union Pacific facility and rail yard.

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108,000 SF industrial property in Kent Valley sells for $26,650,000

AJOT | April 30, 2024 | Logistics

CenterPoint Properties has sold Pike Distribution Center, a 108,000-square-foot industrial property in Auburn, Washington, for $26,650,000. Kidder Mathews Executive Vice Presidents Kraig Heeter, SIOR and Mike Newton represented KRL Legacy, LLC., an entity of Ace Relocation System, Inc., in purchasing the property. CenterPoint was represented by Kidder Mathews Executive Vice President Matt Murray along with Matt Wood of KBC Advisors.

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China’s EV and solar exports are powering ahead as prices slide

Bloomberg | April 30, 2024 | Energy | Alternative | International Trade

China’s exports of batteries, electric cars and solar panels hit record highs last year, underlining its dominance of key green industries — and driving a global price slump that’s adding to alarm in developed economies.

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LATAM and Zurich Airport Brasil celebrate the inauguration of the Europe-Florianópolis route

AJOT | April 30, 2024 | Air Cargo | Freighters

• The operation takes place on Mondays and Thursdays on Boeing 767-300F cargo aircraft departing from Amsterdam (Netherlands) and Brussels (Belgium) • The unprecedented route facilitates imports in southern Brazil of cargo from Europe, making transportation more dynamic, especially for pharmaceuticals • An event at Floripa Airport to celebrate the new route was attended by authorities, executives from both companies, and industry representatives

Composites make world’s largest airship possible

Americold breaks wround on first cold storage facility on CPKC Rail network in Missouri

AJOT | April 30, 2024 | Logistics

AGX Freight welcomes Mendez as Director of Brokerage Operations

AJOT | April 30, 2024 | Logistics

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MxV Rail welcomes Reiling as Senior AVP Business Development

Jason Reiling has joined MxV Rail as Senior Assistant Vice President Business Development, bringing decades of experience spanning engineering, manufacturing, corporate strategic planning, and sales.

Department of Commerce announces new actions to implement President Biden’s Executive Order on AI

AJOT | April 30, 2024 | International Trade

MSC PSS cancelled - scope: Import Indian Sub-continent to USA West Coast

AJOT | April 30, 2024 | Maritime | Liner Shipping

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IAG Cargo invests 1.5 million Euros in Madrid perishables facility expansion

AJOT | April 30, 2024 | Air Cargo | Freighters

IAG Cargo, the cargo division of International Airlines Group (IAG), has recently invested €1.5 million into the expansion of its temperature-controlled perishables facility in Madrid. This forms part of a total €12 million invested in the business’ Spanish hub over the last 6 years...