Transportation News, Logistics, Ports and Trade

Struggling German economy gets ‘ray of hope’ as exports jump

Bloomberg | March 06, 2024 | International Trade

EU moves toward hitting China with tariffs on electric vehicles

Bloomberg | March 06, 2024 | International Trade

Houthi missile damages MSC container ship in Gulf of Aden

Bloomberg | March 05, 2024 | Maritime | Liner Shipping

Houthi militants attacked and damaged a Swiss-owned container vessel on Monday in the Gulf of Aden, as the Iran-backed group continues to roil shipping in the region.

Rinchem opens massive custom chemical warehouse in Surprise, Arizona to support semiconductor giant

Graycor Construction Company | March 05, 2024 | Logistics

Graycor Construction Company has completed a custom-built hazmat warehouse for Rinchem in Surprise, Arizona. This state-of-the-art facility boasts 123,516 square feet and 16,000 pallet positions, allowing Rinchem to strategically support the booming metro Phoenix, Arizona semiconductor industry.

Ports & Terminals

Stas Margaronis | March 05, 2024

Port of Oakland’s Brandes cites port upgrades

Bryan Brandes, Maritime Director, Port of Oakland says the Port is working on a number of projects to improve rail service and upgrade refrigeration capabilities.

Red Sea and Panama Canal disruptions: 2024 implications for shippers

When disruption in the Red Sea co-occurred with ongoing water level challenges in the Panama Canal, shippers were eager to understand immediate supply chain impacts.

C&K Trucking expands to the West Coast with new locations

AJOT Newsroom | March 05, 2024 | Trucking

As part of their strategy to increase customer outreach, nationwide drayage provider C&K Trucking is expanding its presence on the West Coast with the opening of terminals in Los Angeles and Seattle to be serviced through newly acquired Pacific Green Trucking.

Former Defense Secretary Gates says Suez disruptions could last indefinitely

Former Secretary of Defense Robert Gates said disruptions to the Red Sea by Houthi forces could go on indefinitely curtailing use of the Suez Canal and forcing ocean carriers to plan for long term redirection of shipping around the coast of Africa.

China reopens after Chinese New Year, container rates plateau - March Container Market Forecaster by Container xChange

AJOT Newsroom | March 05, 2024 | Maritime | Liner Shipping

• Roughly one third of companies surveyed ‘reducing suppliers’ this year, 63% aiming to diversify suppliers in response to the continued geopolitical risks • Following Chinese New Year, container prices have plateaued but remain elevated since the onset of Houthi attacks in November 2023. • Liners see gains from tighter capacity and increased demand as they head into the contract negotiation season in March-April 2024.

Intermodal

AJOT Newsroom | March 05, 2024

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