Transportation News, Logistics, Ports and Trade

Air Cargo

AJOT Newsroom | May 24, 2024

FAA reauthorization neutral for U.S. airport credit

The FAA Reauthorization Act of 2024 (the Act), recently signed into law, is neutral for U.S. airport credit, Fitch Ratings says. While the Act adds to annual levels of federal capital funding for airport infrastructure improvements, it is not likely to lead to significant changes to U.S. airport finances.

CSX honors 53 customers with 30th Annual Chemical Safety Excellence Award

AJOT Newsroom | May 24, 2024 | Intermodal | Rail

For 30 years, CSX has acknowledged its chemical customers for their shared commitment to safety with this recognition. The longevity of this distinguished honor highlights the essential role customers play in protecting CSX employees and the communities it serves and reinforces the position of rail as the safest mode for transporting chemicals over land...

Northern California-based East Bay Logistics extends lease at 228,256 SF warehouse facility near Port of Tacoma

AJOT Newsroom | May 24, 2024 | Logistics | Supply Chain

Cushman & Wakefield represents tenant in extension in city of Sumner, WA...

MSC Announcement: Francis Scott Key Bridge: Contingency Plans for cargo from ECSA to Baltimore – UPDATE #3

AJOT Newsroom | May 24, 2024 | Maritime

Please take note of the following announcement...

Baltimore Bridge update #10

AJOT Newsroom | May 24, 2024 | Maritime

After the successful refloat and removal of the DALI, the Baltimore Captain of the Port has opened the Fort McHenry Limited Access Channel to commercial vessel traffic. This channel now has a depth of 50 feet. Included are updates on bookings for direct loading and discharge on the upcoming voyages...

Three quarters of all logistics companies focus on sustainability

AJOT Newsroom | May 24, 2024 | Logistics

According to a recent survey by the Logistics Hall of Fame in cooperation with the SCHUNCKGROUP, over half of companies rate the risk of suffering financial losses due to the effects of climate change as medium to high. More than 70 percent of respondents have already invested in the sustainability-related areas of responsibility of climate, compliance, and employees.

American Clean Power - California commends approval of 2023-2024 CAISO Transmission Plan Integrating Offshore Wind

AJOT Newsroom | May 24, 2024 | Energy | Alternative

Approval and completion of the transmission plan process completes first major step to building transmission updates for offshore wind in California...

Intermodal

AJOT Newsroom | May 23, 2024

UIPA unveils Cedar City as home to Utah’s first Union Pacific focus site

New BZI Innovation Park in Cedar City as part of Union Pacific's focus site program

International Trade

Alex Durante, Economist | May 23, 2024

How the Section 232 tariffs on steel and aluminum harmed the economy

The Section 232 tariffs on imports of steel and aluminum raised the cost of production for manufacturers, reducing employment in those industries, raising prices for consumers, and hurting exports.

VW says cost cuts not tariffs will protect Europe from Chinese EVs

Bloomberg | May 23, 2024 | International Trade

ITS Logistics announces new transportation center in Fort Worth, TX; begins hiring immediately

ITS Logistics | May 23, 2024 | Logistics

ITS Logistics expands its presence in Fort Worth with the opening of its nearly 20,000 sq ft Transportation Center in the heart of the Cultural District and begins immediate hiring

Qatar Airways Cargo rejoins forces with Animal Defenders International to transport six young lions home to Africa

AJOT Newsroom | May 23, 2024 | Air Cargo | Freighters

Six young lions rescued from the illegal wildlife trade as a part of Qatar Airways Cargo WeQare initiative

Container xChange China Market Update May 2024

AJOT Newsroom | May 23, 2024 | Maritime | Liner Shipping

• Leasing prices for 40 ft high cube containers in China go 2.5X in May • Average container prices in China significantly volatile for 40 ft High cube containers, customers report 88% spike in April-May • 75% of container traders and leasing companies surveyed confirm tighter market, report extremely high prices for 40 ft high cube containers in China

American Airlines Cargo partners with CargoAi to enhance online booking offering

AJOT Newsroom | May 23, 2024 | Air Cargo | Technology

American Airlines Cargo announces a strategic partnership with CargoAi, a leading digital enabler in the air cargo industry.

WestJet adds more flights to Latin America, Caribbean after Sunwing deal

Bloomberg | May 23, 2024 | Air Cargo | Airlines

WestJet Group plans to increase its presence in Latin America and the Caribbean and introduce planes with more seats after buying a competitor.

DHL Group is expanding its charging infrastructure for electric trucks with stations provided by E.ON

• The contract entails the establishment of fast-charging infrastructure at DHL Group distribution centers • DHL service partners will also have access to the new charging infrastructure • The next step towards fleet electrification and decarbonization of logistics transportation: the adoption of alternative propulsion systems for heavy commercial vehicles

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