Transportation News, Logistics, Ports and Trade

Nigeria revives oil tanker tax issue that drove up freight

Bloomberg | November 22, 2023 | Energy | Maritime | Bulk

KPI OceanConnect supplies OOCL with biofuel blend marking a significant milestone in their sustainability journeys

KPI OceanConnect arranges supply of bespoke B24 biofuel blend to Orient Overseas Container Line (OOCL)’s container vessel

US airlines keep adding seats they can’t get anyone to fill

Bloomberg | November 22, 2023 | Air Cargo | Airlines

What happened to five oil tankers sanctioned for Russia violations

Bloomberg | November 22, 2023 | Energy | Maritime | Bulk

Over the past month, the US has sanctioned five vessels for hauling crude above $60-a-barrel price cap set by the Group of Seven and its allies.

ICTSI South Pacific terminals handle largest international vessel to call PNG

AJOT Newsroom | November 22, 2023 | Ports & Terminals | Terminals

“This milestone highlights the growing confidence in ICTSI South Pacific terminals for delivering best-in-class service. It is aligned with our recent strong investment in pursuit of our vision of making our facilities the...

Nippon Express Europe intensifies sustainability strategy with Cozero

Cozero | November 22, 2023 | Green Shipping | Logistics

Nippon Express Europe is set to realize the achievement of its sustainability goals in collaboration with Cozero.

NOOA advocates for independent truckers in crucial meeting with Commerce Department’s ACSCC

AJOT Newsroom | November 22, 2023 | Trucking

Meeting with Commerce Department's Advisory Committee on Supply Chain Competitiveness

Maritime

Bloomberg | November 22, 2023

South African port gridlock sees ships pile up

A maritime gridlock at South African ports has kept nearly 100 vessels waiting to dock as Transnet SOC Ltd., the state-owned logistics firm, struggles with breakdowns and bad weather.

Energy

Bloomberg | November 22, 2023

Oil spill off Louisiana coast shuts output from seven drillers

A pipeline leak off the coast of Louisiana that dumped the equivalent of two Olympic-size swimming pools of crude to the Gulf of Mexico has forced seven drillers to shut in production, according to the US Coast Guard.

International Trade

Bloomberg | November 22, 2023

China allows a trickle of critical minerals exports ahead of graphite curbs

China exported small amounts of two minerals crucial to high-tech manufacturing in October, marking a resumption in sales after a two-month hiatus caused by Beijing’s restrictions.

Gebrüder Weiss supports Mars analog mission

AJOT Newsroom | November 22, 2023 | Logistics

The logistics provider and partner of the Austrian Space Forum (OeWF) transports sensitive equipment to the mission site in Armenia...

Hapag-Lloyd opens Technology Center in Chennai

AJOT Newsroom | November 22, 2023 | Maritime

Housed in the World Trade Center Chennai, HLTC will be operated as part of a joint venture that Hapag-Lloyd established with the Indian technology company Solverminds in June this year...

Egypt set to restart LNG exports after Israel gas flows rise

Bloomberg | November 22, 2023 | Energy

Ecopetrol analyzing gas imports from Venezuela in 2024

Bloomberg | November 21, 2023 | Energy

Why high-speed train is really the transport of choice in China

Bloomberg | November 21, 2023 | Intermodal | Rail

FTR’s TCI improved in September, but trucking conditions remain quite tough

AJOT Newsroom | November 21, 2023 | Trucking

US to review terrorist label for Houthis after ship seized

Bloomberg | November 21, 2023 | Maritime | Breakbulk News

Draper Associates invests in Logic, pioneers in reshaping logistics

AJOT Newsroom | November 21, 2023 | Shipping Technology

Draper Associates, a leading venture capital firm, has announced a strategic investment in Logic, the innovative logistics automation company at the forefront of reshaping the industry.

International Trade

Bloomberg | November 21, 2023

India closer to agreement with Tesla to import EVs, set up plant

India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, according to people familiar with the Indian government’s thinking.

ATA Truck Tonnage Index increased 1.1% in October

AJOT Newsroom | November 21, 2023 | Trucking

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.1% in October after declining 1.1% in September. In October, the index equaled 115.2 (2015=100) compared with 113.9 in September.

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