Google uses AI to fast-track predicting weather catastrophes
Green Shipping
Stas Margaronis | Top Story | May 02, 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.
Yen’s sustained weakness frustrates even Japanese exporters

Bloomberg | May 01, 2024 | International Trade

North America supply chains imperiled by Canada rail strike vote
Intermodal
Bloomberg | Top Story | May 01, 2024

North America supply chains imperiled by Canada rail strike vote

Rail workers demanding more rest time moved closer to a strike that would disrupt supply chains from Halifax to Vancouver and down through the Midwest to the Gulf of Mexico.
US sanctions firms in China, UAE for support of Russia’s war

Bloomberg | May 01, 2024 | International Trade

Amazon, BP counter push to repeal Washington climate law
Energy
Bloomberg | Top Story | May 01, 2024

Amazon, BP counter push to repeal Washington climate law

A ballot initiative would nix a program that compels big emitters to pay for their pollution, as opponents blame it for driving up fuel costs.
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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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