Transportation News, Logistics, Ports and Trade

RXO partners with Shiplify to improve invoice transparency for LTL customers

AJOT Newsroom | July 09, 2024 | Shipping Technology | Trucking

Globavend Holdings gearing up last mile delivery capability in New Zealand

AJOT Newsroom | July 09, 2024 | Logistics

Shell boosts LNG business with Manatee FID in Trinidad and Tobago

AJOT Newsroom | July 09, 2024 | Energy

Trade Tech names Kim Director for South Korea

AJOT Newsroom | July 09, 2024 | Shipping Technology | People | Appointments

New appointment represents Trade Tech’s commitment to continued growth in Asia-Pacific region

DHL Supply Chain rolls out 50 new biomethane trucks across Tesco Ireland network

As part of its ongoing partnership with DHL Supply Chain, Tesco Ireland has taken delivery of 50 state-of-the-art biomethane fuelled trucks which will operate across its country-wide distribution network.

Conflict in Congo threatens trade in key metals, UN experts say

Bloomberg | July 09, 2024 | International Trade | Commodity

Kenya begins levying import duties as regional deal kicks in

Bloomberg | July 09, 2024 | International Trade

United Airlines jet loses wheel in repeat of March incident

Bloomberg | July 09, 2024 | Air Cargo | Airlines

United Airlines Holdings Inc. says another of its Boeing Co. aircraft lost a main landing gear wheel while taking off Monday, a near repeat of an incident in March that helped trigger a federal safety review of the carrier.

Caribbean Airlines Cargo adopts CHAMP’s Cargospot Mobile and Cargospot Quotes

AJOT Newsroom | July 09, 2024 | Air Cargo | Technology

Longtime CHAMP customer, Caribbean Airlines Cargo, adds Cargospot Mobile and Cargospot Quotes to its numerous existing CHAMP products...

U.S. jet fuel consumption in 2023 remained below the pre-pandemic high

AJOT Newsroom | July 08, 2024 | Air Cargo | Energy

Annual jet fuel consumption in the United States grew in 2023 for the third year in a row but remained below the pre-pandemic peak in 2019, suggesting U.S. aviation had not fully returned to normal operations in the third year after the onset of the COVID-19 pandemic.

Energy

Stas Margaronis | July 08, 2024

Equinor says Scotland floating wind turbine flaw has been repaired

Defective bearings in wind turbines powering the first floating offshore floating wind farm, located off the coast of Scotland, have been replaced, according to the Norwegian wind farm operator Equinor.

Maritime

Phillip M. Perry, AJOT | July 08, 2024

Steel prices soften, bucking inflation

Steel is an essential component for the construction industry, and any price reduction is welcome. But what gives? Why is steel getting cheaper while costs for other materials are rising?

Boeing in talks to preserve US government contracts business

Bloomberg | July 08, 2024 | Air Cargo

Top Thai budget carrier expects 2024 core profit to hit record

Bloomberg | July 08, 2024 | Air Cargo | Airlines

Ports & Terminals

Leo Ryan | July 08, 2024

Strike action by BC ship and dock foremen averted by “rescind” decision ordered by Canada Industrial Relations Board

A strike slated to start by 600 unionized ship and dock foremen in British Columbia has been averted because of a decision announced Sunday by the Canada Industrial Relations Board.

FAA says thousands of Boeing jets need oxygen generators checked

Bloomberg | July 08, 2024 | Air Cargo | Airlines

More than 2,600 Boeing Co. 737 jets registered in the US will need to have their oxygen generators inspected after multiple reports of some units shifting out of position, which could prevent them from providing oxygen in an emergency.

India mulls easing rice export limits in boon to world buyers

Bloomberg | July 08, 2024 | International Trade | Commodity

India, the world’s top rice shipper, may relax restrictions on exports of some varieties to avoid a glut in the country before the new crop arrives in the market in October, according to people familiar with the matter.

Global volumes rise again in June as market indicates a ‘hot Q4’ for air cargo rates

AJOT Newsroom | July 08, 2024 | Air Cargo | Freighters

The global air cargo market is heading towards a ‘hot Q4’ of rate increases after a sixth straight month of double-digit growth in June, with a warning that shippers and forwarders ill-prepared for this year’s peak season may find themselves ‘at the mercy of the market,’ according to the latest analysis by Xeneta.