Transportation News, Logistics, Ports and Trade

Fed index of global supply-chain stress plummets to record low

Bloomberg | June 06, 2023 | Logistics

A Federal Reserve Bank of New York index measuring global supply-chain stresses plummeted to a record low last month, indicating the bottlenecks that have helped fuel inflation in recent years may now be largely resolved.

UPS union workers to vote on whether to authorize a walkout

Bloomberg | June 06, 2023 | Logistics | Integrators

United Parcel Service Inc.’s union workers will hold a vote on whether to grant authorization to Teamsters’ leaders to call a strike after the current five-year contract lapses.

Port of New Orleans names maritime industry veteran Wypyski as new COO

AJOT Newsroom | June 06, 2023 | Ports & Terminals | People | Appointments

Today the Port of New Orleans (Port NOLA) welcomed maritime industry veteran Matthew Wypyski to the executive team as Chief Operating Officer (COO). Wypyski’s leadership experience includes 32 years as a senior operating and general management executive leading port authority staff, marine terminal and stevedore operating companies, as well as liner operations.

Majority of American voters want Congress to pass laws to clean up cargo ships, new poll finds

AJOT Newsroom | June 06, 2023 | Green Shipping | Maritime

Korean Air ‘100% in’ to make Asiana merger happen, CEO says

Bloomberg | June 06, 2023 | Air Cargo | Airlines

The head of Korean Air Lines Co. said he is willing to make concessions to international regulators so the carrier’s merger with Asiana Airlines Inc. can go through.

Builtmore Contract Manufacturing celebrates 100,000th unit production milestone with Isuzu for N-Series gas-powered trucks

AJOT Newsroom | June 06, 2023 | Trucking

Builtmore Contract Manufacturing™, owned and operated by The Shyft Group, Inc., the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, celebrated a production milestone today with long-time customer Isuzu Commercial Truck for reaching the 100,000th Isuzu N-Series gas-powered truck for Isuzu Commercial Truck at its facility in Charlotte, Mich.

Survitec digitalizes ship safety management

AJOT Newsroom | June 06, 2023 | Maritime | Technology

Global Survival Technology solutions provider Survitec aims to substantially improve onboard ship safety with a new interactive safety management solution.

Biden-Harris Administration announces $2.6 billion framework through investing in America agenda to protect coastal communities and restore marine resources

AJOT Newsroom | June 06, 2023 | Green Shipping | Maritime

WaveBL secures $26 million Series B funding round

AJOT Newsroom | June 06, 2023 | Shipping Technology

The funding will fuel WaveBL's global growth and market expansion in the digital trade documents sector

Logistics

AJOT Newsroom | June 06, 2023

DHL relocates to a new, larger facility in Missouri

• The new distribution center will include automation to process more volume and serve a larger number of customers in the Midwest region • The approximately $18 million investment is for a facility that is double in size of the previous distribution center in Missouri

Blue Water starts activities in Iraq

AJOT Newsroom | June 06, 2023 | Logistics

With the opening of its first office in Iraq, Blue Water is further expanding its operations in the Middle East. The global logistics company is primarily offering a wide range of transport and logistic solutions focusing on oil and gas, as well as renewables.

Terntank, AlfaWall Oceanbird and Aleixendri Munoz scoop Nor-Shipping awards

AJOT Newsroom | June 06, 2023 | Maritime

The winners of the Nor-Shipping 2023 awards have been announced, with Swedish/Danish tanker operator Terntank, wind power pioneer AlfaWall Oceanbird and Bound4Blue Co-founder and COO Cristina Aleixendri Munoz taking the top prizes.