Transportation News, Logistics, Ports and Trade

Energy

AJOT Newsroom | June 14, 2022

EIA expects U.S. natural gas prices to remain high through 2022

In our June 2022 Short-Term Energy Outlook (STEO), we forecast that U.S. natural gas spot prices will increase again this month and then remain high through the rest of 2022.

Realterm acquires fully-leased final mile warehouse in Brockton, Massachusetts

AJOT Newsroom | June 14, 2022 | Logistics

Realterm announced the acquisition of a 71,835-square-foot final mile warehouse in Brockton, Mass. Located at 989 Belmont Street, the fully-leased property sits on 6.6 acres and offers 20 dock and 15 drive-in doors.

Ukraine grain exporters carve out new route via Baltic Sea

Bloomberg | June 14, 2022 | International Trade | Commodity

Spirit Airlines update on discussions with Frontier and JetBlue

AJOT Newsroom | June 14, 2022 | Air Cargo | Airlines

WinGD and Hyundai Heavy Industries collaborate on ammonia two-stroke engine development

AJOT Newsroom | June 14, 2022 | Maritime

WinGD and Hyundai Heavy Industries’ Engine Machinery Division (EMD) are to collaborate on delivering the first WinGD engine capable of running on ammonia, providing a vital step in shipping’s progress towards decarbonization.

Alok Sharma MP officially opens Tower Cold Chain’s global HQ

AJOT Newsroom | June 14, 2022 | Logistics

The global headquarters of pharmaceutical thermal protection specialist Tower Cold Chain has been officially opened by The Rt Hon Alok Sharma, Member of Parliament for Reading West.

Dynamic passenger growth continues as cargo slows at Fraport

AJOT Newsroom | June 14, 2022 | Air Cargo | Airports | By The Numbers

As in the previous months, cargo traffic (comprising airfreight and airmail) also slowed in May 2022, with tonnage dropping by 15.0 percent year-on-year.