Transportation News, Logistics, Ports and Trade

World Trade Bridge CBP officers seize over $5.1 million in marijuana

AJOT Newsroom | June 25, 2024 | International Trade | Trucking

U.S. Customs and Border Protection, Office of Field Operations officers assigned to the World Trade Bridge seized marijuana that totaled over $5,100,000 in street value over the weekend.

[Freightos Weekly Update] Ocean rates reach new highs, with additional increases expected soon

The combination of an early peak season, Red Sea diversions making capacity tight and knock-on port congestion making supply even tighter meant ex-Asia ocean spot rates continued to climb last week.

XPO Logistics continues to reduce the environmental impact of the Tour de France

AJOT Newsroom | June 25, 2024 | Green Shipping | Trucking

As the official transport partner of the tour and the Tour de France Femmes avec Zwift, XPO will use an electric road tractor for the first time and HVO biofuel again to help the Tour de France in its CSR approach

Airbus missing parts everywhere forces cutback of targets

Bloomberg | June 25, 2024 | Air Cargo | Airlines

Airbus SE is coming up short on the millions of parts that make up the company’s commercial aircraft, and the situation is getting worse rather than better for the world’s largest planemaker.

TIACA Event Central Asia concludes with a path forward for Kazakhstan to develop as a global air cargo hub

AJOT Newsroom | June 25, 2024 | Air Cargo | Freighters

The International Air Cargo Association (TIACA) concluded its fifth regional event, the TIACA Event Central Asia held June 19-21 in Astana, Kazakhstan, with a path forward to support Kazakhstan as it seeks to develop as a global air cargo hub.

TrusTrace unveils upgraded forced labor prevention solution to enable proactive compliance for fashion and textile supply chains

AJOT Newsroom | June 25, 2024 | Green Shipping | Shipping Technology

Thelo to raise $250 million with eye on Africa’s giant rail corridors

Bloomberg | June 25, 2024 | Intermodal | Rail | Ports & Terminals

Thelo Group’s management plans to buy Deutsche Bahn AG’s 49% shareholding and is in talks with financiers to raise $250 million to help the South African company transform into a developer of rail lines and ports in sub-Saharan Africa.

Utilities report batteries are most commonly used for arbitrage and grid stability

AJOT Newsroom | June 25, 2024 | Energy

Electricity utilities increasingly report using batteries to move electricity from periods of low prices to periods of high prices, a strategy known as arbitrage, according to new detailed information we recently published.

Uber Freight and Aurora to democratize driverless trucks for carriers of all sizes

AJOT Newsroom | June 25, 2024 | Trucking

Uber Freight and Aurora Innovation are launching Premier Autonomy, a new program providing early access to over 1 billion of Aurora’s driverless miles to Uber Freight carriers through 2030.

Chinese firms meet Malaysian officials on US tariffs, FT says

Bloomberg | June 25, 2024 | International Trade

WestJet Cargo joins cargo.one to launch fully digital Canadian spirit to thousands more freight forwarders

AJOT Newsroom | June 25, 2024 | Air Cargo | Technology

• Customers gain instant booking for WestJet Cargo’s impressive Canadian connectivity and extensive capacities throughout the Americas, Caribbean, Europe and Asia • Canada’s second largest carrier partners with category-leader cargo.one to boost its global reach, lower cost per sale, and guarantee a world-class digital experience

OGCI partners with GCMD to advance solutions to decarbonize shipping

AJOT Newsroom | June 25, 2024 | Green Shipping | Maritime

Höegh Autoliners secures fuel savings and long-term CII compliance with Accelleron and Hanwha engine part-load optimization

AJOT Newsroom | June 25, 2024 | Green Shipping | Maritime | Breakbulk News

• Fuel consumption reduction of 10g/kWh on 7,850 CEU car carrier Höegh Detroit confirmed at sea trial • Efficiency improvement to deliver sustained upgrade in vessel’s Carbon Intensity Indicator (CII) rating • Höegh Autoliners orders Hanwha and Accelleron engine part-load optimization (EPLO) on further seven vessels

International Trade

Bloomberg | June 25, 2024

Mexico, US reach deal to resume avocado shipments, Governor says

The US and Mexico have reached a deal to restart inspections of mango and avocados from the state of Michoacan more than a week after they were halted over security concerns, Governor Alfredo Ramirez Bedolla announced in a press conference.