Transportation News, Logistics, Ports and Trade

Izmail Seafarers’ Centre hit in drone attack

AJOT Newsroom | August 02, 2023 | Maritime

Euromonitor’s first-ever Global Energy Vulnerability Index highlights international risk of energy shocks

AJOT Newsroom | August 02, 2023 | Energy

• Norway, Canada, Australia and the US are top performers due to diverse mix of energy sources and high self sufficiency • Belarus and Lebanon rank at the bottom as both countries lack resources and struggle with energy efficiency • Singapore and Hong Kong rank in bottom 10 because of high dependence on energy imports • European countries better positioned than many with renewables and economic resilience but heavy reliance on imports raises exposure

Container xChange update on impact of severe flooding and typhoon threat in China

AJOT Newsroom | August 02, 2023 | Intermodal | Ports & Terminals

Gebrüder Weiss now uses eco-friendly electric tricycles to provide delivery services on Croatian islands

AJOT Newsroom | August 02, 2023 | Logistics

Logistics company relies on sustainable transport on Rab and Lošinj. Electric vans used for deliveries to final customers in urban areas.

IndiGo profit beats forecast as fuel cost drops, demand jumps

Bloomberg | August 02, 2023 | Air Cargo | Airlines

Russian drones hit Danube port key to Ukraine grain exports

Bloomberg | August 02, 2023 | International Trade | Commodity

Russian drones struck a Ukrainian port on the Danube River, driving global wheat and corn prices higher as Moscow continues its campaign to cripple Kyiv’s ability to export food.

Jet service Volato to go public via SPAC with new funding

Bloomberg | August 02, 2023 | Air Cargo | Airlines

Aviation company Volato is going public via a blank-check transaction valuing the combined company at $261 million on an enterprise basis in a deal paired with an unusual funding round.

International Trade

Bloomberg | August 02, 2023

US-EU steel talks inch ahead as time for a deal runs short

The US and European Union are unlikely to finalize a legally binding agreement to govern trade in steel and aluminum this year, setting up a decision to either extend an October deadline or allow the return of tariffs on billions of dollars of transatlantic exports.

More Russian oil trades above G-7 price cap despite sanctions

Bloomberg | August 02, 2023 | Energy

Trucking

Bloomberg | August 02, 2023

Apollo leads deal to provide trucking firm Yellow with bankruptcy loan

Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash during a coming bankruptcy, according to people with knowledge of the matter.

US fashion brands urge early renewal of Africa trade program

Bloomberg | August 02, 2023 | International Trade

AirJapan to begin Tokyo-Bangkok flights in February with fares low as $109

Bloomberg | August 02, 2023 | Air Cargo | Airlines

The FAA approves largest uncrewed aircraft system in the US

Bloomberg | August 02, 2023 | Air Cargo | Technology

Electric aircraft startup Pyka is bringing its drone to the US for use as crop sprayers.

cargo-partner introduces new air freight consolidation services between Western Europe and Asia

AJOT Newsroom | August 02, 2023 | Air Cargo | Air Forwarders

The international transport and info-logistics provider has once again expanded its service portfolio with a range of new air freight solutions, consolidating shipments between key airports across Western Europe and various locations in Asia.

Energy

Bloomberg | August 02, 2023

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