Transportation News, Logistics, Ports and Trade

COLI Shipping & Transport handles delivery and transport of Shiploader from UAE to NL

AJOT Newsroom | October 19, 2023 | Project / Heavy Lift | Maritime Project

After 2.5 months of engineering and logistics preparation, COLI successfully delivered a second-hand shiploader and related project cargo from Hamriyah, UAE, to Rotterdam,

Atlas Air Worldwide announces new corporate headquarters in White Plains, New York

AJOT Newsroom | October 19, 2023 | Air Cargo | Airlines

Company continues its commitment to New York State with $4 million investment in newly-leased headquarters

Logistics

AJOT Newsroom | October 19, 2023

Prince Rupert Port Authority begins construction of $750 million export logistics project

The project will consist of a 108-acre greenfield development on Ridley Island that will commence operation in Q3 2026. Ray-Mont Logistics will develop and operate facilities that provide...

ITS Logistics October Port Rail Ramp Index

AJOT Newsroom | October 19, 2023 | Trucking

CSX and BRS reach agreement on paid sick leave

AJOT Newsroom | October 19, 2023 | Intermodal | Rail

The agreement underscores CSX's commitment to the welfare and well-being of its workforce. It provides a sick leave package that ensures employees can take necessary time off from work to...

Drewry Supply Chain Advisors: World Comtainer Index

AJOT Newsroom | October 19, 2023 | By The Numbers

Drewry’s World Container Index remained stable at $1,364 per 40ft container this week....

Consumers to spend nearly $900 to celebrate the winter holidays

AJOT Newsroom | October 19, 2023 | International Trade

Those celebrating the winter holidays expect to spend $875 on average on gifts, decorations, food, and other key seasonal items...

Vulcan seeks Biden’s protection against Mexico port seizure

Bloomberg | October 19, 2023 | Maritime | Bulk | Ports & Terminals

After Mexican marines occupied its facility this year, Vulcan Materials Co. is seeking the Biden administration’s protection from what it sees as the threat of a hostile takeover of the property by President Andres Manuel Lopez Obrador.

Hapag-Lloyd and Norsul to launch new joint venture company for cabotage business in Brazil

AJOT Newsroom | October 19, 2023 | Maritime

Used jets rents surge 44% as airlines pay up to buoy fleets

Bloomberg | October 19, 2023 | Air Cargo | Airlines

Greater Bay Airlines plans first mainland China flights in 2024

Bloomberg | October 19, 2023 | Air Cargo | Airlines

Venezuelan sanctions relief is set to upend global oil flows

Bloomberg | October 19, 2023 | Energy

The river Rhine gets shallow again in fresh climate blow

The cost of shipping fuel along the Rhine river has surged as low water levels curb barges’ carrying capacity following a hot, dry September.

Glenstar Logistics breaks ground on phase I of 3.6 million-square-foot industrial park in Gaffney, S.C.

AJOT Newsroom | October 19, 2023 | Logistics

Representatives from Chicago-based Glenstar Logistics and Creek Lane Capital joined elected local officials and project partners earlier today at the ceremonial groundbreaking for CCC-85’s first building...

Germany still trades Russian gas as canceling costs €10 billion

Bloomberg | October 19, 2023 | Energy

Air India plots rapid buildout of budget unit, taking on Indigo

Bloomberg | October 19, 2023 | Air Cargo | Airlines

ISS Global Forwarding transports mobile screening plants door-to-door

AJOT Newsroom | October 19, 2023 | Project / Heavy Lift | Maritime Project

XLP Member, ISS-GF proudly presents their recent shipment from India to Tajikistan via Turkey door-to-door transportation of the 2 x mobile screening plants...

American Air beats for quarter, cuts forecast on higher fuel

Bloomberg | October 19, 2023 | Air Cargo | Airlines

American Airlines Group Inc. topped Wall Street’s expectations for third-quarter profit even as its forecast for the rest of the year fell short, underscoring the choppy environment as carriers are battered by climbing jet fuel prices.