Transportation News, Logistics, Ports and Trade

Ship fire began in decks where cars stored, says salvage firm

Bloomberg | August 03, 2023 | Maritime | Breakbulk News

The nearly week-long fire that ravaged a ship off the Dutch coast started in the upper decks where some cars were stored, according to the chief executive of the company handling salvage operations.

Southwest pilots lose bid to be freed from contract talks

Bloomberg | August 03, 2023 | Air Cargo | Airlines

Southwest Airlines Co. pilots were denied a request to halt contract talks with the carrier, a step that could have brought them closer to a strike.

Spirit Air expects more groundings as Pratt engine fallout grows

Bloomberg | August 03, 2023 | Air Cargo | Airlines

Spirit Airlines Inc. has grounded seven planes due to problems with its Pratt & Whitney engines and the carrier expects to take more aircraft out of service in the coming weeks.

July demand indicates a ‘winter of discontent’ for airlines and forwarders as global air cargo rates continue to plunge

AJOT Newsroom | August 03, 2023 | Air Cargo | Freighters

Shippers will hold the upper hand in the next round of winter airfreight rates negotiations after another month of falling demand in July saw volumes drop -2% month-over-month, and the general global air freight spot rate decline at a hastening pace of 40% or more for a fourth consecutive month, according to the latest weekly market analysis by CLIVE Data Services, part of Xeneta.

Yellow’s downfall throws $700 million US Covid loan in jeopardy

Bloomberg | August 03, 2023 | Trucking

The collapse of trucking giant Yellow Corp. casts doubt on whether the US government will be able to fully recoup a controversial $700 million loan for an enterprise that was already in financial trouble before the Treasury threw it a Covid lifeline.

MSC GFS - scope: Asia to USA for Sept. 1st

AJOT Newsroom | August 03, 2023 | Maritime | Liner Shipping

MSC Mediterranean Shipping Company has filed and will implement the below GFS.

MSC BCR - scope: Turkey, East Med (except Israel), North Africa (except Agadir), Black Sea excluding EEA countries to USA NATL/SATL, Gulf, Pacific & San Juan, Puerto Rico

AJOT Newsroom | August 03, 2023 | Maritime | Liner Shipping

New MSC monthly Bunker Recovery charge (BRC) as of September 1st, 2023, last container gate in date.

International Trade

Bloomberg | August 03, 2023

India curbs PC imports as Modi pushes for local production

India is requiring licenses for the import of computers from laptops to tablets, the latest in a series of government measures intended to encourage local electronics production.

MSC BRC - scope: East Africa and Red Sea to USA and San Juan Puerto Rico for Sept. 1st

AJOT Newsroom | August 03, 2023 | Maritime | Liner Shipping

New MSC monthly Bunker Recovery charge (BRC) as of September 1st, 2023, last container gate in date.

MSC GRI - scope: Import Middle East / Indian Sub-Continent to USA for Sept 1st

AJOT Newsroom | August 03, 2023 | Maritime | Liner Shipping

Cathay Pacific nears lease deal for 18 Airbus A321neos

Bloomberg | August 03, 2023 | Air Cargo | Airlines

MSC PSS - scope: Import Middle East / Indian Sub-Continent to USA

AJOT Newsroom | August 03, 2023 | Maritime | Liner Shipping

MSC BRC update scope: WCSA to USA

AJOT Newsroom | August 03, 2023 | Maritime | Liner Shipping

Polar Leasing announces freight partner in Central Illinois

AJOT Newsroom | August 03, 2023 | Trucking

Polar Leasing Company, Inc. (PLC) has named Taylor Brothers Towing as its latest freight partner to provide validated, electric ground-resting outdoor walk-in freezer and refrigerated rental units.

Sterling turbo-charges  future growth

AJOT Newsroom | August 03, 2023 | Trucking | People | Appointments

Steve Tucker & Ken Meek join Sterling Transportation

The Truck Driver Shortage in the US Continues

AJOT Newsroom | August 03, 2023 | Trucking

The trucking industry is experiencing a shortage of truck drivers, which is expected to worsen before it gets better.

FTR reports preliminary North American Class 8 net orders for July above expectations at 13,500 units

AJOT Newsroom | August 03, 2023 | Trucking

Intermodal

AJOT Newsroom | August 03, 2023

INFORM’s stack management and crane optimizer goes live at Norfolk Southern’s Rossville terminal

INFORM has announced that it has successfully deployed its Syncrotess Optimization Plus solution at Norfolk Southern’s Rossville terminal just outside of Memphis, Tennessee enabling the terminal to have transparency of their stacked operations.

Elcome acquires majority stake in Italy’s Fabio Fiorucci

AJOT Newsroom | August 03, 2023 | Maritime | Technology

Leading maritime systems and services provider Elcome International has acquired a controlling stake in Fabio Fiorucci s.r.l., the Italy-based navigation solutions provider, as part of a wider strategic plan to expand its portfolio across southern Europe.

Travelport delivers British Airways’ NDC content on Travelport+, providing faster and easier access for agents

AJOT Newsroom | August 03, 2023 | Air Cargo | Technology

Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, today announced that New Distribution Capability (NDC) content from British Airways is now live on the Travelport+ platform.

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