Transportation News, Logistics, Ports and Trade

WorldACD Weekly Air Cargo Trends (week 15):

AJOT Newsroom | April 21, 2023 | Air Cargo | Freighters

Global demand decline slows while rates slide further...

Statement of Commissioner Carl W. Bentzel on the release of the Maritime Transportation Data Initiative recommendations

AJOT Newsroom | April 21, 2023 | Maritime

Commissioner Bentzel’s statement on the release of the MTDI Report and Recommendations...

Merchants Fleet Releases its 2022 Environmental, Social and Governance (ESG) Report

AJOT Newsroom | April 21, 2023 | Green Shipping

Merchants Fleet today announced its 2022 ESG report Showing that business and sustainability can coexist and be complementary to each other...

Tanker company moving Russian oil loses insurance on G-7 cap

Bloomberg | April 21, 2023 | Logistics

UTC arranges time-sensitive air charter from Egypt

UTC's air freight experts recently arranged a charter to transport aero-derivative gas turbines from Egypt to Chicago, Illinois.

Sif orders PEMA plate joining lines for XXXL monopile manufacturing

AJOT Newsroom | April 20, 2023 | Energy | Alternative | Green Shipping

Pemamek Ltd. has won a significant order to supply PEMA production automation solutions to the Dutch offshore wind monopile foundation manufacturer Sif Holding N.V. (Sif).

Volvo raises truck forecasts as pent-up demand helps orders

Bloomberg | April 20, 2023 | Trucking

Volvo Group raised its forecasts for registrations as the world’s second biggest truckmaker saw orders increase 32%. Volvo last week reported preliminary first-quarter results that prompted its shares to surge.

Biden-Harris Administration announces $82 million to increase domestic solar manufacturing and recycling, strengthen the American clean energy grid

AJOT Newsroom | April 20, 2023 | Energy | Alternative | Green Shipping

As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $52 million for 19 selected projects, including $10 million from the Bipartisan Infrastructure Law, to strengthen America’s domestic solar supply chain, and $30 million in funding for technologies that will help integrate solar energy into the grid.

Cashing out of Russia will come with new tax on foreign business

Bloomberg | April 20, 2023 | International Trade | Commodity

Russia has another surprise for the foreign companies preparing to pull out of the country with a plan for a new levy on top of demanding they sell at a 50% discount and get government permission to leave.

The 357 Company introduces FUSE 46 proprietary technology to streamline logistics processes and drive client profitability

AJOT Newsroom | April 20, 2023 | Logistics | Shipping Technology

FUSE 46 is 357’s command center for its customized logistics solutions, robust partner network, and client portal

Ports & Terminals

AJOT Newsroom | April 20, 2023

PSA Breakbulk launches first project cargo ecosystem in the Port of Antwerp

Inaugural project cargo ecosystem provides a one-stop shop for companies seeking to consolidate their high-end project cargo handling needs

Geopolitical tensions and ‘friendshoring’ may redefine global trade patterns, warns Xeneta

AJOT Newsroom | April 20, 2023 | Maritime | Liner Shipping

Drewry World Container Index - 20 Apr

AJOT Newsroom | April 20, 2023 | Maritime | Liner Shipping

Drewry’s composite World Container Index increased by 4% to $1,773.58 per 40ft container this week – the first increase in 15 weeks.

lomarlabs collaborates with Seabound to reduce CO2 emissions aboard vessels

AJOT Newsroom | April 20, 2023 | Green Shipping | Maritime | Technology

DHL Express U.S. launches GoGreen Plus as new survey reveals the importance of sustainability to SMEs

AJOT Newsroom | April 20, 2023 | Energy | Alternative | Green Shipping

XLP member, Freight Connection Group (FCG) handles the first and heaviest Gottwald RG912 Lattice 1200 MT Crawler crane to Pakistan

AJOT Newsroom | April 20, 2023 | Project / Heavy Lift | Maritime Project

FCG has accomplished a remarkable feat by transporting a 1,200-MT Gottwald RG912 lattice-boom crawler crane from Johannesburg to Karachi via the Port of Durban in South Africa. This is the largest crane ever shipped to Pakistan and FCG is proud of this achievement.

The Wood Up tower relies on river transportation during its construction

In order to obtain supplies of wood for the construction site where the 17-floor Wood Up tower is being built in the 13th arrondissement of Paris, REI Habitat, a property developer specialising in French wood construction, has been making use of river transport.

Russian oil is welcome in India as trade booms, new refiner says

Bloomberg | April 20, 2023 | Energy

Women in Trucking Association announces winner of 2023 Distinguished Woman in Logistics Award

AJOT Newsroom | April 20, 2023 | Trucking

The Women In Trucking Association (WIT), Truckstop, and Transportation Intermediaries Association (TIA) announced today Erin Van Zeeland, senior vice president and general manager of logistics and serves as the chief commercial officer for Schneider, as the winner of the ninth annual Distinguished Woman in Logistics Award (DWLA).