Transportation News, Logistics, Ports and Trade

UHL orders two additional F900 newbuildings

AJOT Newsroom | May 16, 2022 | Project / Heavy Lift | Maritime Project

United Heavy Lift (UHL) has ordered two additional Eco-Lifter newbuildings, to be delivered in 2023 and 2024. UHL is committed to apply the highest level of health, safety, security, environmental, and quality standards to all ocean transport projects we are entrusted with.

eezyimport DIY Platform expands scope with eezy Freight, a global LCL shipment service

AJOT Newsroom | May 16, 2022 | Maritime | Technology

Wheat surges amid fears of shortages as India restricts exports

Bloomberg | May 16, 2022 | International Trade | Commodity

Wheat jumped by the exchange limit to near a record high after India’s move to restrict exports, exposing just how tight global supplies are during the war in Ukraine and threatening to drive up food prices even more.

Brexit may make UK inflation worse, BOE’s Saunders says

Bloomberg | May 16, 2022 | International Trade

Gates sells $940 million of CN Rail stock, trimming stake to 9%

Bloomberg | May 16, 2022 | Intermodal | Rail

Bill Gates sold about $940 million of Canadian National Railway Co. shares, trimming one of the largest holdings of the investment firm that controls his $117 billion personal fortune.

Geek+ to debut revolutionary robotics solutions PopPick and 8-meter RoboShuttle at LogiMAT 2022

AJOT Newsroom | May 16, 2022 | Logistics | Shipping Technology

Geek+, the global leader in AMR technology, is proud to be returning to the LogiMAT logistics trade show (31 May–2 June, 2022) to showcase its latest award-winning autonomous mobile robot solutions, the revolutionary PopPick and RoboShuttle 8 solutions.

Air Premia selects ECS Group as its GSA

AJOT Newsroom | May 16, 2022 | Air Cargo | Freighters

Mitsubishi Shipbuilding and NYK Line obtain Approval in Principle (AiP) from Classification Society ClassNK for large LCO2 carrier

AJOT Newsroom | May 16, 2022 | Energy | Maritime | Bulk

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) have been granted Approval in Principle (AiP)(Note) from the Japanese classification society ClassNK for joint development of CO2 transport technology for liquefied CO2 (LCO2) carriers.

Supply chain congestion increases threat of cargo theft

AJOT Newsroom | May 16, 2022 | Logistics

Joint report of 2021 global cargo theft trends finds shift in emphasis from risk of in-transit, vehicle- based attacks to losses while cargo is at-rest -- storage locations are critical at risk areas. Widespread congestion at ports and inland facilities lead to increased opportunity for thieves during the period.

Germany to stop Russian oil imports regardless of EU sanctions

Bloomberg | May 16, 2022 | Energy

Germany plans to stop importing Russian oil by the end of the year even if the European Union fails to agree on an EU-wide ban in its next set of sanctions, government officials said.

Debt-laden Sri Lanka to privatize airline to stanch losses

Bloomberg | May 16, 2022 | Air Cargo | Airlines

Air Cargo

Bloomberg | May 16, 2022

Bloomberg | May 15, 2022

Ryder surges on $4.4 billion takeover offer from HG Vora

Ryder System Inc. shares jumped on Friday after HG Vora Capital Management LLC offered to buy the trucking company in a deal valued at about $4.4 billion.

Boeing faces FAA request for more 787 data to resume deliveries

Bloomberg | May 15, 2022 | Air Cargo | Airlines

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