Transportation News, Logistics, Ports and Trade

Saudi revenues surprise, top expectations despite oil cuts

Bloomberg | December 06, 2023 | Energy

OceanScore: Surge of clients for EU ETS management solution driven by industry action for compliance

AJOT Newsroom | December 06, 2023 | Maritime

OceanScore is seeing rapid uptake of its recently launched EU ETS management solution with over 50 shipping companies now signed up representing more than 1000 vessels - around 10% of the eligible fleet - as the clock ticks...

UK watchdog tells Air France, Lufthansa to halt greenwashing ads

Bloomberg | December 06, 2023 | Air Cargo | Airlines | Green Shipping

Lufthansa Cargo welcomes fourth A321 freighter to its fleet and continues to expand its route network

AJOT Newsroom | December 06, 2023 | Air Cargo | Airlines

As part of its expansion strategy, Lufthansa Cargo continues to expand and optimize its existing A321F network. The new winter flight schedule, which came into effect on October 29, includes two new destinations...

Utah Inland Port Authority announces new project areas in Tooele County

AJOT Newsroom | December 06, 2023 | Ports & Terminals | Ports

Descartes announces fiscal 2024 third quarter financial results

AJOT Newsroom | December 06, 2023 | Logistics

Nvidia sees Huawei as formidable AI chipmaking rival, CEO says

Bloomberg | December 06, 2023 | International Trade

Huawei Technologies Co. is among a field of “very formidable” competitors to Nvidia Corp. in the race to produce the best AI chips, according to the American company’s chief.

Air Cargo

Bloomberg | December 06, 2023

Remotely flown cargo plane gets first big test from Reliable Robotics and FedEx

Reliable Robotics Corp. has flown a small cargo plane on loan from FedEx Corp. without a human on board, a step toward the autonomous flight startup winning regulatory approval for its remote-pilot system.

Europe faces coffee shortage as deforestation rules lack clarity

Bloomberg | December 06, 2023 | International Trade | Commodity

The European Union is facing the prospect of a coffee shortage in 2025 as the market grapples with a lack of clarity around the implementation of deforestation regulations, according to the International Coffee Organization.

Global airlines set for record revenue with pandemic in past

Bloomberg | December 06, 2023 | Air Cargo | Airlines

Global airlines are poised to generate record revenue this year and will extend the gains in 2024 as the industry decisively shakes off the the Covid-19 pandemic, even as higher interest rates hold back profit growth.

US sanctions show early signs of disrupting Russian oil tankers

Bloomberg | December 06, 2023 | Energy | Maritime | Bulk

UK fraud cops make arrest in fake airplane parts scandal

Bloomberg | December 06, 2023 | Air Cargo | Airlines

EU proposes three-year delay before EV tariffs hit UK trade

Bloomberg | December 06, 2023 | International Trade

Las Vegas rail project backed by Fortress secures $3 billion in federal funding

Bloomberg | December 05, 2023 | Intermodal | Rail

Brazil airline Gol eyes restructuring just months after last overhaul

Bloomberg | December 05, 2023 | Air Cargo | Airlines

Ryder signs first customers to multi-year electric vehicle contracts

AJOT Newsroom | December 05, 2023 | Green Shipping | Trucking

Land ‘N’ Sea Distributing and Servientrega International Inc. secure new electric cargo vans as part of RyderElectric+

Barker, Pasha and Vokac receive prestigious 54th annual USS Admiral of the Ocean Sea Awards

AJOT Newsroom | December 05, 2023 | Maritime

Three industry trailblazers celebrated at gala event in NYC

Coffee lovers to endure more pain as Vietnam’s crop to fall

Bloomberg | December 05, 2023 | International Trade | Commodity

The world may get even less coffee from Vietnam, the biggest grower of the robusta variety used in instant drinks and espressos, as a smaller crop and growing local demand squeeze supplies.