Transportation News, Logistics, Ports and Trade

Panorays introduces new supply chain risk discovery and response capabilities

AJOT Newsroom | July 24, 2023 | Logistics | Shipping Technology

Cocoa factories are slowing down, spelling trouble for $117 billion chocolate industry

Bloomberg | July 24, 2023 | International Trade | Commodity

Cocoa factories around the world are slowing down fast, a sign that the worst is still to come for chocolate makers.

American Air offers to add $1 billion to pending pilot deal

Bloomberg | July 24, 2023 | Air Cargo | Airlines

Affinius Capital originates $90.6M loan for four building, one million SF industrial park in Houston

Affinius Capital LLC | July 24, 2023 | Logistics

Affinius Capital LLC (“Affinius Capital”)today announced that it has originated a $90.6 million loan to facilitate the acquisition of a four building, one million-square-foot industrial park located in Houston.

Wholesale distribution industry opposes Teamsters strike against UPS

AJOT Newsroom | July 24, 2023 | Logistics | Trucking

Innovation bolsters the Port of Barcelona as an international benchmark in sustainable development

AJOT Newsroom | July 24, 2023 | Ports & Terminals

• During the first half of the year, the Port of Barcelona focused its strategy on fostering innovation projects to strengthen its role as a driver of the economy in the coming years. • The balance of the first six months of the year is positive despite the slowdown in traffic growth, in line with the complex global economic and geopolitical situation.

CMA CGM overweight surcharge - dry cargo from Asia to Africa

AJOT Newsroom | July 24, 2023 | Maritime | Liner Shipping

ISAAC Connect smartphone app simplifies life for truck drivers

AJOT Newsroom | July 24, 2023 | Shipping Technology | Trucking

New tool is a companion app for the core in-cab ISAAC solution

Austrian Post has selected INFORM’s yard management system for their parcel network

AJOT Newsroom | July 24, 2023 | Logistics | Shipping Technology

Austrian Post has selected INFORM’s Yard Management System (YMS) for their Yard Excellence Tool Integration (YETI) project for deployment to ten sites across their parcel network in Austria, with the project having commenced in 2022.

Natural gas prices fall in first half of 2023 amid record production and mild temperatures

AJOT Newsroom | July 24, 2023 | Energy

The average monthly spot natural gas price at the U.S. benchmark Henry Hub fell 34%, or $1.12 per million British thermal units (MMBtu), to $2.18/MMBtu between January and June, according to data from Refinitiv Eikon.

Gebrüder Weiss acquires logistics company Wedlich

AJOT Newsroom | July 24, 2023 | Logistics

The family-owned company specializes in land transport, logistics and relocation services, and employs around 100 people. This acquisition represents a further step in the efforts of Gebrüder Weiss to expand its network of locations in southern Germany.

New appointments to TT Club Boards

AJOT Newsroom | July 24, 2023 | Logistics

The liability insurance provider to the international cargo and logistics industry has announced that Morten Engelstoft is to take over as Chairman of both Through Transport Mutual Insurance Association Limited (Bermuda) (‘TTB’) and TT Club Mutual Insurance Limited (UK) (‘TTI’)* on the retirement of the present incumbent, Ulrich Kranich.

Great Lakes receives notice to proceed on large dredge and disposal construction agreement with NextDecade Corporation

AJOT Newsroom | July 24, 2023 | Ports & Terminals | Canal and Waterway

Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”), the largest provider of dredging services in the United States, announced today the receipt of Notice to Proceed to perform essential improvements to the Brownsville Ship Channel for NextDecade Corporation’s (“NextDecade”) Rio Grande LNG (“RGLNG”) project.

Russian attack on Danube grain storage highlights risk to Ukraine’s last export route

Bloomberg | July 24, 2023 | International Trade | Commodity

Russia attacked one of Ukraine’s Danube river ports, ramping up the risks facing Kyiv’s last major grain export route and global food trade.

PLANA and OneSky sign MOU for AAM aircraft operation

AJOT Newsroom | July 24, 2023 | Air Cargo | Technology

PLANA, a developer of Hybrid advanced air mobility (AAM) eVTOL, is joining forces with OneSky, a leading uncrewed aircraft systems traffic management (UTM) solution provider.

International Trade

Bloomberg | July 24, 2023

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