Transportation News, Logistics, Ports and Trade

IAG returns to investment grade at S&P after profit rebound

Bloomberg | October 04, 2023 | Air Cargo | Airlines

Saudi Airlines considers debut bond sale to fund expansion plans

Bloomberg | October 04, 2023 | Air Cargo | Airlines

Hitachi wins UK approval for €1.7 billion Thales rail deal

Bloomberg | October 04, 2023 | Intermodal | Rail

Sunak cancels rest of HS2 high-speed rail to re-invest funds

Bloomberg | October 04, 2023 | Intermodal | Rail

Bank of Portugal cuts growth forecasts on exports, rate hikes

Bloomberg | October 04, 2023 | International Trade

Russia reiterates plan to curb oil exports through December

Bloomberg | October 04, 2023 | Energy

DoKaSch Temperature Solutions’ Opticooler receives technical approval by American Airlines Cargo

AJOT Newsroom | October 04, 2023 | Air Cargo | Freighters

Strengthening key supply chains between Europe and the USA

Mississippi River waters dip toward record low in threat to US crop exports

America’s crop exports are once again at risk due to a diminished Mississippi River.

Special air cargo verticals see continued growth in 2023

AJOT Newsroom | October 04, 2023 | Air Cargo | Freighters

While general cargo tonnages have fallen in all of the main world origin regions, WorldACD highlights a number of areas recording tonnage increases during the first 8 months of 2023, including certain important product categories, origin points, and world regions or sub-regions

U.S. petroleum product exports set new record in the first half of 2023

AJOT Newsroom | October 04, 2023 | Energy

U.S. petroleum product exports totaled nearly 6.0 million barrels per day (b/d) in the first half of 2023, 2% more than during the same period in 2022.

Toronto commute snarled for hours as rail network goes down

Bloomberg | October 03, 2023 | Intermodal | Rail

United fuels growth plans with purchase of 110 more aircraft

Bloomberg | October 03, 2023 | Air Cargo | Airlines

United Airlines Holdings Inc. will buy 110 more aircraft that will be delivered starting in five years, extending its aggressive bets on growth and future travel demand.

United closes in on order for Airbus A321 narrowbody jets

Bloomberg | October 03, 2023 | Air Cargo | Airlines

United Airlines Holdings Inc. is poised to announce an agreement to buy a double-digit number of Airbus SE A321 narrowbody jets, according to people familiar with the matter.

Ports of Indiana strengthens corporate leadership with four new roles

Ports of Indiana has bolstered its leadership team with a series of key promotions and hires at its Indianapolis headquarters.

SC Ports CEO Melvin named 2023 Leading Woman

AJOT Newsroom | October 03, 2023 | Ports & Terminals

South Carolina Ports President and CEO Barbara Melvin was named 2023 Leading Woman by SC Women in Leadership.

Sterling Transportation continues service expansion

AJOT Newsroom | October 03, 2023 | Trucking

Sterling Transportation is expanding LTL services to include new lanes connecting Los Angeles to both Dallas and Houston.

Robinson Weeks Partners sells Class-A industrial building in Memphis

AJOT Newsroom | October 03, 2023 | Logistics

Robinson Weeks Partners (RWP), an Atlanta-based industrial real estate development and investment firm, has sold Southridge Crossing, a state-of-the-art 234,360-square-foot project in Memphis, Tenn. to Pattillo Industrial Real Estate.

Varamar bridges East-West gap with İstanbul opening

Varamar, a carrier of breakbulk, dry-bulk, oversized and containerized cargo, has responded to growing customer demand in the Caspian and Middle East by opening a branch in İstanbul, Türkiye.