Transportation News, Logistics, Ports and Trade

International Trade

Bloomberg | April 20, 2023

US, Ukraine allies consider near-total ban on exports to Russia

Some of Ukraine’s key allies including the US are considering moving closer to an outright ban on most exports to Russia, a potentially significant tightening of economic pressure on President Vladimir Putin over his war.

How to sell a power generator no one has heard of

Bloomberg | April 20, 2023 | Energy | Alternative | Green Shipping

Mainspring Energy’s device is a new way to create clean electricity, and it can run on hydrogen.

Ford forges new link to China with plan to import Lincoln SUVs

Bloomberg | April 19, 2023 | International Trade | Maritime | Breakbulk News

Ford Motor Co. plans to import its restyled Lincoln Nautilus sport-utility vehicles from China, deepening connections to a country other US companies are abandoning.

Japan and California ports will collaborate on green shipping and hydrogen fuel projects

Stas Margaronis | April 19, 2023 | Energy | Alternative | Green Shipping

On March 15th, California and Japan signed an agreement to develop a “green shipping” corridor. In addition, California and Japan will collaborate on the deployment of zero emission hydrogen projects at California ports, according to Danny Wan, Executive Director, Port of Oakland.

Cargill warns of opaque wheat prices as firms end Russia exports

Bloomberg | April 19, 2023 | International Trade | Commodity

Russia’s increased control of its wheat exports threatens to obscure prices and curb efficiency in the global grains market, according to Cargill Inc.’s head trader.

Nearly 2,500 pieces of military cargo, including nearly 100 aircraft, move through JAXPORT

AJOT Newsroom | April 19, 2023 | Maritime | Breakbulk News | Ports & Terminals

The Jacksonville Port Authority (JAXPORT) recently facilitated the movement of nearly 2,500 pieces of U.S. military cargo, including almost 100 aircraft. The move took place during two shipments over the past month at the port’s Blount Island Marine Terminal.

Container oversupply risk looms over China with empty containers at ports

AJOT Newsroom | April 19, 2023 | Ports & Terminals

• More outbound containers at ports of China; CAx over 0.6 since of 2023 • 62% slump in average container prices* Y-O-Y in China • Increase in shipments to Southeast Asia is reflected in an 85% drop in pickup charges on the Intra-Asia trade lane since January 2023

Hapag Lloyd share acquisition in J M Baxi Ports & Logistics Limited successfully concluded

• Presence in the growth market of India significantly strengthened • Terminal and infrastructure business further expanded

CATL says new super strong battery may power electric flight

China’s Contemporary Amperex Technology Co. Ltd., known as CATL, unveiled its strongest battery to date Wednesday, saying that it could one day be used to power electric aircraft.

Energy

Bloomberg | April 19, 2023

Solar tariffs up to 254% risk return in Congress anti-China push

Momentum is building in Congress over an effort to re-instate debilitating solar tariffs on US imports of panels from Southeast Asia, raising alarm from renewable developers.

ChatGPT buzz fuels demand for chips and gear, Advantest says

Bloomberg | April 19, 2023 | International Trade

Advantest Corp. is seeing a spike in demand for its chip-testing devices, catalyzed by the frenzy of interest in OpenAI’s ChatGPT and other novel uses of artificial intelligence.

Eat lunch at the edge of space for $132,000

Bloomberg | April 19, 2023 | Air Cargo | Technology

Airlines will hike ticket prices to pay for costly sustainable fuel

Developing more sustainable aviation fuel is key to reducing the airline industry’s carbon footprint — but customers will end up footing the bill in airfare prices, according to Willie Walsh, director general of the International Air Transport Association.

Sustainable Skies World Summit fuels the aviation industry’s strategies to achieve net zero

AJOT Newsroom | April 19, 2023 | Air Cargo | Airlines | Green Shipping

• The opening of the Sustainable Skies World Summit was marked with a flypast from RAF Voyager ‘Vespina’ powered by a SAF blend after it conducted an air-to-air refuelling sortie supplying SAF blend to other RAF aircraft. • During the summit, the Jet Zero Council convened at Farnborough International for its 8th meeting, following its launch at the Farnborough International Airshow. • Sustainable Aviation launched its updated Net Zero Carbon Road-Map.

NYK upgrades its fleet with Orca AI technology to enhance navigation safety and operational efficiency

AJOT Newsroom | April 19, 2023 | Maritime | Technology

Sterling Transportation expands Texas offerings with service to & from the Midwest

AJOT Newsroom | April 19, 2023 | Trucking

Sterling Transportation now offers services to Chicago (ORD) and the surrounding areas of Indianapolis (IND) and Columbus (CMH) out of DFW and IAH. These expanded services will include shipments into Texas from those same endpoints in the Midwest.

U.S.-Mexico high-level economic dialogue mid-year review

AJOT Newsroom | April 19, 2023 | International Trade

The U.S. and Mexican High-Level Economic Dialogue (HLED) co-chairs met virtually on April 18, 2023 to review key accomplishments since the September 12, 2022 HLED ministerial as outlined below. They also discussed priority initiatives and stakeholder engagements to plan for the HLED ministerial in fall 2023.

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