Transportation News, Logistics, Ports and Trade

Energy

Bloomberg | March 03, 2022

US targets Russian oil sector with equipment-export ban

The Biden administration said Wednesday it is seeking to degrade Russia’s status as a leading world producer of oil and natural gas by restricting exports of technology related to the energy sector.

The container logistics implications of war in Ukraine

AJOT Newsroom | March 03, 2022 | Maritime | Liner Shipping

Construction begins on chouest vessel that will support Ørsted and Eversource offshore wind farms

Service operations vessel “ECO EDISON” selects power and propulsion providers that will support manufacturing jobs across 12 states.

Utah Inland Port Authority hires Environmental Engineer Smith

AJOT Newsroom | March 03, 2022 | Ports & Terminals

Mona Smith has joined the Utah Inland Port Authority (UIPA) as an environmental engineer to support the port’s environmental compliance program. She will help implement environmentally sustainable practices that reduce risk and positively impact the quality of life for Utahns.

Nickel market eyes fate of Siberian metal as sanctions bite

Bloomberg | March 03, 2022 | International Trade | Commodity

The biggest risk in battery materials from Russia’s increasing economic isolation centers on supplies of top-notch Arctic nickel controlled by the country’s richest man.

Canada nixes Russia trade status, sanctions Rosneft and Gazprom

Bloomberg | March 03, 2022 | Energy | International Trade | Commodity

Cloudleaf announces $26 million in new investment and rebrand to ParkourSC

AJOT Newsroom | March 03, 2022 | Shipping Technology

Foreign aircraft owners risk billions of losses in Russia

Bloomberg | March 03, 2022 | Air Cargo | Charters

Foreign aircraft lessors are facing the increasing possibility of writeoffs that could total in the billions of dollars as Russia considers ways to defy worldwide sanctions and keep carriers such as Aeroflot flying.

European gas futures swing wildly as market faces war volatility

Bloomberg | March 03, 2022 | Energy

Alcoa halts business with Russia as Ukraine invasion advances

Bloomberg | March 03, 2022 | International Trade | Commodity

Alcoa Corp., the largest U.S. aluminum producer, said it will stop selling products to Russian companies and halt raw-material purchases from the country in response to the invasion of Ukraine.

ICTSI 2021 net income up 321% to US$428.57M; recurring net income 57% higher at US$442.83M

AJOT Newsroom | March 03, 2022 | Ports & Terminals

Fertilizer maker Nutrien asks Canada to halt rail strike

Nutrien, the world’s biggest crop-nutrient producer, said it wants the Canadian government to stop a strike at one of the nation’s largest railways, because the disruption could potentially lead to smaller harvests.

Russia’s toxic oil sends tanker rates to ship it into a frenzy

Bloomberg | March 03, 2022 | Energy | Maritime | Bulk

EIA projects US energy consumption will grow through 2050, driven by economic growth

AJOT Newsroom | March 03, 2022 | Energy

Energy consumption will increase in the United States over the next 30 years across a variety of economic scenarios as population and economic growth outpace energy efficiency gains, according to our Annual Energy Outlook 2022 (AEO2022), which we will release later today.

Newly formed Cox Automotive Mobility Fleet Services an industry leader on day 1

AJOT Newsroom | March 03, 2022 | Intermodal | Trucking

Cox Automotive today announced the introduction of Cox Automotive Mobility Fleet Services, representing an evolution of its high-quality, full-service fleet solutions across scheduled and unscheduled maintenance, previously delivered in conjunction with industry leaders Dickinson Fleet Services and Interstate Truck Center. By operating under one unified brand, Cox Automotive Mobility Fleet Services will deliver a more holistic offering of industry-leading on-site, emergency mobile and shop services for light, medium and heavy-duty trucks and trailers.

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