Transportation News, Logistics, Ports and Trade

Logistics

Bloomberg | September 20, 2023

FedEx wins over Wall Street with $6 billion cuts, gains on UPS

While United Parcel Services Inc. reels from the fallout of a costly labor fight this summer and a tough parcel market, FedEx Corp. is reaping the benefits.

Shipping chief says investors baulking at Norway’s weak krone

Bloomberg | September 20, 2023 | Maritime | Bulk

Joyce may lose $9.3 million of payout after abrupt Qantas exit

Bloomberg | September 20, 2023 | Air Cargo | Airlines

WestJet endorses widescale Canadian production of sustainable aviation fuel

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

Chief Executive Officer, Alexis von Hoensbroech attends the 24th World Petroleum Congress and addresses the opportunity for a collective effort to achieve the aviation industry's net-zero target of 2050...

STL region welcomes continued investment in rail infrastrucutre, new rail-served sites

AJOT Newsroom | September 19, 2023 | Intermodal | Rail

Pipeline of rail-accessible, developer-ready sites in the St. Louis region grows as investments in rail infrastructure continue

Inland Port Greer has strongest month in its history

AJOT Newsroom | September 19, 2023 | Ports & Terminals | Ports

Inland Port Greer achieved an all-time record month in August, handling 16,857 rail moves. This marked the most monthly moves in its history and an impressive...

St. Louis Region and Port of New Orleans team up to invest in infrastructure that connects America’s heartland to the future of global trade

AJOT Newsroom | September 19, 2023 | Ports & Terminals | Ports

The St. Louis region signed a Memorandum of Understanding (MOU) with Port NOLA in 2017 aimed at growing trade with a commitment to building existing and new business relationships between the two region's critical ports of call...

Chairman Webster’s statement from hearing on “Autonomous and Experimental Maritime Technology”

AJOT Newsroom | September 19, 2023 | Shipping Technology

A positive year for hull underwriters but change is on the horizon, says IUMI

AJOT Newsroom | September 19, 2023 | Maritime

U.S. Postal Service ready to deliver for America during the holidays

AJOT Newsroom | September 19, 2023 | Intermodal

No holiday surcharges for mailing and shipping with USPS this holiday season...

Intermodal

Stas Margaronis | September 19, 2023

Port of Los Angeles - San Joaquin Valley rail service may begin in 2028

A rail service linking agricultural exporters in California’s San Joaquin Valley to the Port of Los Angeles could begin in 2028, according to Eugene Seroka, Executive Director, Port of Los Angeles...

Conference attendees preview new LIVE Connect® Products

AJOT Newsroom | September 19, 2023 | Shipping Technology

AAR & Norfolk Southern hold AskRail training events in PA & OH

AJOT Newsroom | September 19, 2023 | Intermodal | Rail

Railroads leverage emergency dispatching services to dramatically increase AskRail access...

IBA Commentary - More woes for the GTF

AJOT Newsroom | September 19, 2023 | Air Cargo | General

As a result, RTX expects there to be a high number of grounded aircraft from now until the end of the first half of next year...

Great Lakes Dredge & Dock Corporation announces receipt of $177 million in awarded work

AJOT Newsroom | September 19, 2023 | Maritime

Ports of Indiana names Operations Managers at Ohio River ports

Ports of Indiana has filled two key leadership roles at its Ohio River ports, naming Ashley Blocker and Michael Graves as Operations Managers in Mount Vernon and Jeffersonville, respectively...

Port Freeport Commission adopts a tax rate signifying start of a new era

AJOT Newsroom | September 19, 2023

On September 14th, in a historic milestone for Port Freeport, the Port Freeport Commission voted to take the Maintenance and Operation tax rate to ZERO and adopted a tax rate of $0.016007, exclusively designated for...