Transportation News, Logistics, Ports and Trade

Imports to Largest US Port Drop, Hinting at Weaker Demand

Bloomberg | September 16, 2022 | Ports & Terminals | Ports

OSM Sees Continued Growth and Momentum

Parts Town | September 16, 2022 | Logistics

Warren Urges DOT to Block JetBlue’s $3.8 Billion Spirit Deal

Bloomberg | September 16, 2022 | Air Cargo | Airlines

Logistics

Bloomberg | September 16, 2022

FedEx Miss Is Worst Deutsche Bank Analysts Have Seen in 20 Years

Wall Street analysts didn’t mince words in discussing FedEx Corp.’s forecast for the current quarter -- which missed by a landslide -- and its withdrawal of full-year guidance. It’s really bad.

Maritime

Stas Margaronis | September 16, 2022

FMC’S Bentzel Explains Proposed Maritime Transportation Data Initiative

U.S. Federal Maritime Commissioner Carl Bentzel says that he hopes to win the approval from maritime stakeholders for new data transparency standards organized under the proposed Maritime Transportation Data Initiative (MTDI).

Adani to Inject $2.5 Billion in Cement Arm Son Will Now Helm

Bloomberg | September 16, 2022 | International Trade | Commodity

Damen delivers complete mission equipment package for KOEM multipurpose vessel

AJOT Newsroom | September 16, 2022 | Maritime

Concordia Maritime announces sale of three P-MAX vessels

AJOT Newsroom | September 16, 2022 | Maritime | Bulk

The sale is expected to have a positive liquidity effect of approximately USD 30 million. The surplus will be used for repayment of loans.

Port of Long Beach Has Second-Busiest August

AJOT Newsroom | September 16, 2022 | Ports & Terminals | Ports | By The Numbers

Progress made in moving cargo off the docks as consumer spending slows

Air cargo tonnages drop further

AJOT Newsroom | September 16, 2022 | Air Cargo | Freighters | By The Numbers

WorldACD's latest views on air cargo market developments, covering each of the last 5 weeks up to Sunday September 11.

Intermodal

AJOT Newsroom | September 16, 2022

Graves Statement on Tentative Freight Rail Agreement

Transportation and Infrastructure Committee Ranking Member Sam Graves (R-MO) released the following statement regarding the tentative agreement reached by representatives for the freight railroad and the freight rail labor unions