Bloomberg | June 12, 2024 | Air Cargo | Airlines
A second major Southwest Airlines Co. investor has joined the call for a shakeup in the carrier’s board and executive leadership team, upping the pressure for change.
AJOT Newsroom | June 12, 2024 | Ports & Terminals | Ports
Forget Me Not Alzheimer’s Awareness Program recognized for innovation...
This week's chart visualizes the 14-day moving average of actual port days for energy cargo at Far Eastern ports, comparing the Capesize, Panamax, and Supramax segments...
AJOT Newsroom | June 12, 2024 | Intermodal | Rail
For this week, total U.S. weekly rail traffic was 489,916 carloads and intermodal units, up 4.1 percent compared with the same week last year...
Bloomberg | June 12, 2024 | International Trade
While the US and allies decry China’s industrial “overcapacity” and prepare to sharpen tariffs in response, those embracing links with the factory to the world are getting a hand in their efforts to tame inflation.
Bloomberg | June 12, 2024 | Energy
Chinese purchases of a relatively niche type of fuel from the US have been the single biggest contributor to global oil demand growth in recent years, the International Energy Agency said.
Australia is optimistic the nation’s wine trade with China will fully recover after sales surged following the end of punitive tariffs.
Bloomberg | June 12, 2024 | Energy | International Trade
Southwest Airlines Co.’s chief executive officer is resisting pressure to step down after activist firm Elliott Investment Management took a $1.9 billion stake and called for new leadership at the carrier.
Bloomberg | June 12, 2024 | Trucking
While delaying New York City’s congestion pricing initiative blew a $15 billion hole in the Metropolitan Transportation Authority’s capital program, it also may strain the transit agency’s operating budget.
The Biden administration is considering further restrictions on China’s access to chip technology used for artificial intelligence, targeting new hardware that’s only now making its way into the market, people familiar with the matter said.
AJOT Newsroom | June 12, 2024 | Logistics
AJOT Newsroom | June 12, 2024 | Intermodal
April 2024 Freight Transportation Services Index (TSI) Down 1.1% from the Previous Month and Down 1.3% from the Same Month Last Year...
As the Houston metro area continues to experience rapid international population and business growth, this retail location will cater to increasing B2C and B2B shipping demands...
AJOT Newsroom | June 12, 2024 | Maritime
Future newbuild ships of all types should be built without a sterntube and with a seawater-lubricated propeller shaft bearing arrangement, according to Blue Ocean Alliance’s Chris Leontopoulos...
In a continued effort to provide customers with reliable and efficient services, CMA CGM informs of the following Emergency Space Surcharge (ESS/FRT59)*:
AJOT Newsroom | June 12, 2024 | Energy | Alternative
Week 24: EU allowances are showing some signs that the gas-driven rally may be running out of steam, as a rebound in Norwegian North Sea production relieves energy supply fears...
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