Transportation News, Logistics, Ports and Trade

China exports far more vehicles to Russia than anywhere else

Bloomberg | July 11, 2023 | International Trade | Maritime | Breakbulk News

Chinese carmakers exported more vehicles wholesale to Russia than anywhere else in the first five months of this year, filling a void left by global manufacturers exiting the market because of the invasion of Ukraine.

Australia-EU trade deal at risk during impasse over market access

Bloomberg | July 11, 2023 | International Trade

Shippabo launches Shippabo View™, an intelligent, collaborative solution that delivers real-time visibility and multi-dimensional visualizations

Shippabo | July 11, 2023 | Shipping Technology

Shippabo announces the launch of Shippabo View™, a predictive, end-to-end visibility solution for shippers and their partners that brings entire supply chains into a shared, collaborative space.

OPEC oil export revenue was highest in almost a decade last year

Bloomberg | July 11, 2023 | Energy

Canada’s pipe dream marred as overruns drive up cost of exporting oil to Asia

Bloomberg | July 11, 2023 | Energy

A Canadian pipeline hailed as a cheap and speedy way to send oil to Asia is set to become a $15 billion (C$20 billion) taxpayers’ headache and an expensive option for exporters thanks to cost overruns.

Welland Canal Affected by Power Outage

AJOT Newsroom | July 10, 2023 | Ports & Terminals | Canal and Waterway

International Trade

Bloomberg | July 10, 2023

Tech giants play too big a role in US Indo-Pacific trade talks, critics say

Technology giants are drawing protests as they aggressively try to shape a new US trade deal with Australia, South Korea and other members of the Indo-Pacific region that account for 40% of global economic output.

Odyssey Logistics names Singh as Chief Information Officer

AJOT Newsroom | July 10, 2023 | Logistics

Singh to lead Odyssey’s global technology strategy and technology operations

UWL expands reefer program, adds Vigil as director of reefer sales

UWL, a top-10 American-owned NVOCC and global 3PL solutions provider, announced the strategic expansion of its reefer program to Southeast Alaska. Additionally, the company has welcomed Peter Vigil onboard as its inaugural Director of Refrigerated Services. Both moves come at a critical time for agricultural and seafood exports amid an evolving marketplace.

Biofuels are displacing petroleum-based distillate fuel oil consumption on the West Coast

AJOT Newsroom | July 10, 2023 | Energy

Last year, U.S. West Coast distillate consumption, as measured by product supplied, was at its lowest since 2002 and is on track to fall further this year.

Gallium prices jump as buyers lock in supply before China export controls

Bloomberg | July 10, 2023 | International Trade | Commodity

Global gallium prices jumped 27% this week as buyers reacted to China’s move to control exports of the niche metal used in an array of high-tech industries.

Average demurrage and detention charges witness a 25% dip globally in 2023

AJOT Newsroom | July 10, 2023 | Maritime | Liner Shipping | Ports & Terminals

• 7 U.S. ports lead in D&D charges in 2023 • “Demurrage and detention should ideally be a free market”, Christian Roeloffs, Co-Founder and CEO, Container xChange

Westcore acquires Rockwall Distribution Center in forward purchase from Stream Realty Partners

AJOT Newsroom | July 10, 2023 | Logistics

Westcore secures early lease with primary tenant

OOCL cargo acceptance for non-DG lithium and Ni-MH batteries

AJOT Newsroom | July 10, 2023 | Maritime | Liner Shipping

In view of a spate of incidents involving Lithium and Ni-MH Battery shipments, we have strengthened our cargo acceptance policy for shipments containing non-DG Batteries to ensure safe carriage.

$80,000,000 for green jobs & zero-emission operations at the Port of Hueneme

AJOT Newsroom | July 10, 2023 | Green Shipping | Ports & Terminals

Governor Gavin Newsom delivers Port of Hueneme Transformational Funding Award

CMA CGM PCS in Oran, Alger & Bejaia, Algeria from Indian Subcontinent, Middle East Gulf & Red Sea

AJOT Newsroom | July 10, 2023 | Maritime | Liner Shipping

Cargo ship loses power near Wolf Rock off UK’s Southwest coast

Bloomberg | July 10, 2023 | Maritime

Spending on oil and gas well interventions to top $58 billion in 2023/Rystad Energy

AJOT Newsroom | July 10, 2023 | Energy

As oil and gas production companies look for efficient and cost-effective methods of increasing their output, the well intervention market is set to get a healthy boost.

Women comprise 12.1 percent of commercial driver workforce

AJOT Newsroom | July 10, 2023 | Trucking

According to new data from the WIT Index, which was just released by the Women In Trucking Association (WIT), an average 12.1% of overall professional drivers who hold commercial driver’s licenses (CDLs) and drive heavy-duty trucks are female.