Transportation News, Logistics, Ports and Trade

UPS CEO kicks off productivity drive by cutting 12,000 managers

Carol Tomé changed United Parcel Service Inc.’s. management theme to “Better and Bolder” during contentious labor-union talks last year, leaving investors wondering what the chief executive officer meant. They know now.

The price of diesel in Europe is being boosted by Red Sea shipping chaos

Bloomberg | January 31, 2024 | Energy | Logistics | Maritime

Menzies sees China growth after Hong Kong Airport services deal

Bloomberg | January 31, 2024 | Air Cargo | Airports

Brazil speeds up $1 billion rescue for troubled airlines

Bloomberg | January 30, 2024 | Air Cargo | Airlines

Venezuelan oil output to fall 30% under renewed US sanctions

Bloomberg | January 30, 2024 | Energy

South Korea chip shipments jump most since 1997 as Samsung beats

Bloomberg | January 30, 2024 | International Trade

Impact of Red Sea crisis on ocean freight shipping is more rapid than Covid-19 as tensions run high across the industry

AJOT Newsroom | January 30, 2024 | Maritime | Liner Shipping

The Red Sea crisis has seen ocean freight rates increase faster than the early months of the Covid-19 pandemic as swathes of shippers are told some of their contracts will not be honored.

NOLA Terminal announces new terminal manager for its flagship operations

NOLA Terminal has hired Plaquemines Parish resident Anthony Barrois to serve as terminal manager for its flagship operations facility on the Mississippi River.

Nigeria’s mega refinery Dangote turns to US oil

Bloomberg | January 30, 2024 | Energy

Nigeria’s giant new oil refinery Dangote, the largest in Africa, is set to import crude from the US in the coming months, a sign of just how competitive American barrels have become in the global market.

Texas oil regulators ask state to sue EPA over methane rule

Bloomberg | January 30, 2024 | Energy | Green Shipping

Texas regulators on Tuesday formally asked the state’s attorney general to challenge the Biden Administration’s rule that seeks to lower emissions from the oil and gas sector.

Georgia Ports achieves record year for autos

AJOT Newsroom | January 30, 2024 | Maritime | Breakbulk News | Ports & Terminals

The Port of Brunswick handled a record 775,565 units of autos and machinery in calendar year 2023, an increase of 15.6 percent over the previous year.

MSC terminal change on TransPacific Sentosa service

AJOT Newsroom | January 30, 2024 | Maritime | Liner Shipping

MSC PSS - scope: Import Middle East / Indian Sub-Continent to USA

AJOT Newsroom | January 30, 2024 | Maritime | Liner Shipping

MSC BRC - scope: Import Indian Subcontinent/Middle East to USA (ISC/ME)

AJOT Newsroom | January 30, 2024 | Maritime | Liner Shipping

The MSC BRC quantum for the month of March 2024 to be considered for the Indian Subcontinent and Middle East will be as follows.

bound4blue eSAIL® chosen for landmark newbuild in French Polynesia

AJOT Newsroom | January 30, 2024 | Green Shipping | Maritime | Technology

• SNA TUHA'A PAE to install bound4blue eSAIL® on NA HIRO E PAE, set to voyage between Tahiti and the Austral Islands. • Single eSAIL® will reduce energy consumption by more than 10%, allowing French Government funded project to meet ambitious environmental objectives.

Norfolk Southern, BLET, and SMART-TD partner with FRA to launch groundbreaking C3RS pilot program

AJOT Newsroom | January 30, 2024 | Intermodal | Rail

Biden-Harris Administration announces nearly $250 million in bipartisan infrastructure law funding to modernize airports in 37 states

AJOT Newsroom | January 30, 2024 | Air Cargo | Airports

The U.S. Department of Transportation’s Federal Aviation Administration (FAA) will award $245.9 million in Fiscal Year (FY) 2024 Airport Infrastructure Grants (AIG) under the Bipartisan Infrastructure Law.

AAFA flags importance of Notorious Markets review and calls for accountability

AJOT Newsroom | January 30, 2024 | International Trade

Logistics

Stas Margaronis | January 30, 2024

GSC announces its expansion at Port of Savannah

Oakland, California based GSC, one of the largest 3PLs in Northern California and the Pacific Northwest, announced that it is expanding its services by opening an office at the Port of Savannah.