Transportation News, Logistics, Ports and Trade

Echo Global Logistics signs definitive agreement to acquire Roadtex Transportation Corp.

AJOT Newsroom | May 05, 2022 | Intermodal | Logistics | Trucking

With world ‘on fire,’ Sunrun wants speedy tariff probe decision

Bloomberg | May 05, 2022 | International Trade

US considers unprecedented sanctions on China tech giant Hikvision

Bloomberg | May 05, 2022 | International Trade

Shares of Hangzhou Hikvision Digital Technology Co. tumbled by as much as 10% as the U.S. considers imposing new sanctions on surveillance-technology giant, potentially the harshest measures so far against a major Chinese company.

ZeroNorth makes pair of new appointments to strengthen growth ambitions and advance vision to make global trade green

AJOT Newsroom | May 05, 2022 | Shipping Technology

Karl Thorngren joins as ZeroNorth’s Chief Financial Officer and Kenneth Juhls becomes Managing Director of ZeroNorth-owned ClearLynx

International Trade

Bloomberg | May 05, 2022

US threat to sanction Hikvision shows China ties near a tipping point

The fate of a Chinese technology giant at risk of unprecedented U.S. sanctions will show whether the Biden administration intends to significantly ramp up tensions with the world’s second-biggest economy.

Qantas buys Alliance in $553 million charter flight deal

Bloomberg | May 05, 2022 | Air Cargo | Charters

World Container Index - May 5th

AJOT Newsroom | May 05, 2022 | Maritime | Liner Shipping

Drewry’s composite World Container Index decreased by 0.5% to $7,727.84 per 40ft container this week.

Russia’s Novatek struggles to trade Europe gas on Ukraine recoil

Bloomberg | May 05, 2022 | Energy

Russian energy firm Lukoil wants to know who its bondholders are

Bloomberg | May 05, 2022 | Energy

Wheat returns above $11 on weather woes, potential India curbs

Bloomberg | May 05, 2022 | International Trade | Commodity

US takes first step towards four-year China tariffs review

Bloomberg | May 05, 2022 | International Trade | Commodity

The Biden administration is taking the first step toward a review of tariffs on more than $300 billion in Chinese imports that’s required to keep them from starting to automatically expire in July.

Hydrogen is every US gas utility’s favorite hail Mary pass

Bloomberg | May 05, 2022 | Energy | Alternative

The lightweight fuel is key to companies’ latest decarbonization plans. Pulling off a transition from gas won’t be easy — or cheap.

Energy

Bloomberg | May 04, 2022

Senators plead with Biden for quick end to solar-trade probe

Nearly two dozen senators on Monday implored President Joe Biden to swiftly advance a trade probe that they said was already causing “massive disruption” in the U.S. solar industry.

Port Saint John commits to 100% of corporate energy use to be provided by local wind farm

"These Renewable Energy Credits are an amazing first step for us but we are committed to further reducing our energy footprint in the near future when it comes to our facilities and fleets,” says Craig Bell Estabrooks, President and CEO at Port Saint John.

Maritime

Bloomberg | May 04, 2022

Top sea polluters beg for climate rules that no rival can avoid

The ocean shipping industry, among the world’s biggest polluters, is asking a key regulator to overhaul its emissions directives so that all carriers are working off the same rulebook as they make the expensive changes needed to cut output of harmful carbons.