Transportation News, Logistics, Ports and Trade

India’s Adani Group to invest $10 billion in US energy following Trump win

Reuters | November 13, 2024 | Energy

India's Adani Group will invest $10 billion in US energy security and infrastructure projects, aiming to create up to 15,000 jobs, chairman Gautam Adani said in a post on social media platform X on Wednesday.

Oil bounces back on short-covering after OPEC’s gloomy demand forecast

Reuters | November 13, 2024 | Energy

NASA selects Electra as awardee in AACES 2050 program

AJOT Newsroom | November 13, 2024 | Air Cargo | Technology

Electra to lead sustainable commercial airliner development

Glasgow Prestwick Airport and Chicago Rockford International Airport sign partnership

AJOT Newsroom | November 13, 2024 | Air Cargo | Airports

The partnership will focus initially on supporting the aerospace and e-commerce industries in a move that could significantly boost the Scottish economy

Wabash expands parts and services distribution network

AJOT Newsroom | November 13, 2024 | Trucking

Atlantic Logistics promotes VanWey to manager of expedited services

AJOT Newsroom | November 13, 2024 | Logistics | People | Appointments

VanWey to manage increasing demand for expedited shipping

October 2024: Passenger volumes hold steady at Frankfurt Airport

AJOT Newsroom | November 13, 2024 | Air Cargo | Airports

5.7 million passengers at Frankfurt Airport – Slight increase of 0.3 percent from previous year – Passengers for the Fraport Group as a whole up 2.5 percent to 16.9 million

Silk Way Alat Free Economic Zone Company and ICAO sign strategic agreement at COP29 for green airport and cargo village

AJOT Newsroom | November 13, 2024 | Air Cargo | Airports | Green Shipping

In a landmark step toward advancing sustainable aviation, Silk Way Alat Free Economic Zone Company (SW AFEZCO) and the International Civil Aviation Organization (ICAO) signed a strategic agreement at COP29.

Accelerated Global Solutions (AGS) names Barnes as Global Chief Commercial & Growth Officer

AJOT Newsroom | November 13, 2024 | Logistics | People | Appointments

Accelerated Global Solutions (AGS), a leader in freight forwarding and logistics, has announced the appointment of Tony Barnes to the newly created position of Global Chief Commercial & Growth Officer.

Tower Cold Chain launches carbon calculator to boost sustainable logistics for customers

AJOT Newsroom | November 13, 2024 | Green Shipping | Logistics

Tower Cold Chain has introduced its own Carbon Calculator to help customers improve the sustainability of their logistics operations.

KR, HD KSOE, HD HHI, KSS Line, and Liberian Registry partner to develop safety guidelines for ship-to-ship ammonia bunkering

AJOT Newsroom | November 13, 2024 | Energy | Alternative | Maritime

A landmark partnership to develop the safety guidelines for ship-to-ship ammonia bunkering has been established through a Memorandum of Understanding (MOU) between KR (Korean Register), HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI), KSS Line, and the Liberian Registry.

Olympic makes big fuel savings to support sustainability goals on first CSOV newbuilds with Ulstein’s TWIN X-STERN® concept

AJOT Newsroom | November 13, 2024 | Green Shipping | Maritime | Technology

Taking bold commercial risks on novel vessel concepts with a strong focus on sustainability has made Olympic a pioneering player in the offshore energy sector.

Hermes SaaS Ecosystem goes live at Cairo International Airport

AJOT Newsroom | November 13, 2024 | Air Cargo | Airports

Hermes Logistics Technologies (HLT) has successfully completed a major digitalization project for CACC Cargolinx at Cairo International Airport.

U.S. associated natural gas production increased nearly 8% in 2023

AJOT Newsroom | November 13, 2024 | Energy

U.S. production of associated-dissolved natural gas, or associated natural gas, increased 7.9% in 2023 compared with 2022, averaging 17.1 billion cubic feet per day (Bcf/d) last year, according to data from Enverus Drillinginfo.

Conflicting laycan clauses cost shipbroker US$100,000; ITIC steps in

AJOT Newsroom | November 13, 2024 | Maritime

A shipbroker's failure to identify conflicting laycan clauses in a voyage charterparty led to a complex dispute and a US$100,000 claim, which ITIC has reimbursed.

EIA expects decreasing refining capacity to slow the decline of U.S. refining margins

AJOT Newsroom | November 13, 2024 | Energy

Capstone Partners Reports: Logistics technology M&A, fundraising see near-term headwinds, long-term tailwinds

AJOT Newsroom | November 13, 2024 | Logistics

AAR reports rail traffic for the week ending November 09, 2024

AJOT Newsroom | November 13, 2024 | Intermodal | Rail

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 9, 2024.

International Trade

Manik Mehta | November 13, 2024

WTCA Forum 2024 in New York underscores importance of international collaboration

While the term “globalization” is not much in vogue these days, the US industry and its supply-chain operators can hardly detach themselves from the enmeshed world’s economies and markets, highlighting the interdependence of the world economies and markets, and the importance of international networking.