Transportation News, Logistics, Ports and Trade

Ryder opens five new locations for used vehicle sales

AJOT Newsroom | October 07, 2021 | Intermodal | Trucking

Amid growing industry-wide demand, Ryder announces grand openings of five new U.S. locations for used vehicle sales

Rhenus Logistics Americas appoints Ryser as CEO for USA

AJOT Newsroom | October 07, 2021 | Logistics

Partners for Automated Vehicle Education names Locomation Exec to Board

AJOT Newsroom | October 07, 2021 | Intermodal | Trucking

APL Logistics announces Smith as CCO

AJOT Newsroom | October 07, 2021 | Logistics

Clifford Law Offices filing four more lawsuits against Amtrak and BNSF Rail Co. in derailment

AJOT Newsroom | October 07, 2021 | Intermodal | Rail

Logistics

Bloomberg | October 07, 2021

Hong Kong’s Honour Lane Shipping mulls $500 million sale

Honour Lane Shipping Ltd., a Hong Kong-based freight forwarder, is weighing a sale of the business that could fetch about $500 million, people with knowledge of the matter said.

BookYourCargo Drayage Spot Market Index Indicates a 32% Rate Increase Since September 2020

BookYourCargo | October 07, 2021 | Ports & Terminals | Ports

The myriad of disruptions from the last 18 months have contributed to the acceleration of rate prices

Africa’s free-trade area to get $7 billion in support from AfDB

Bloomberg | October 07, 2021 | International Trade

Logistics

Bloomberg | October 07, 2021

Book industry thrown Into chaos over supply-chain delays

Starting in late August, three container ships left China carrying 65,000 copies of a monograph celebrating the career of filmmaker Spike Lee. They were headed for a congested port near Los Angeles, where dozens of vessels wait offshore for a chance to unload cargo.

EU drafts Northern Ireland plan to avert collision with Johnson

Bloomberg | October 07, 2021 | International Trade

Getting to net zero together

Bloomberg | October 07, 2021 | Energy | Alternative

U.K. drops probe into British Airways, Ryanair Covid refunds

Bloomberg | October 07, 2021 | Air Cargo | Airlines

China-US freight rates plunge, but China manufacturing woes create new headaches for shippers

AJOT Newsroom | October 06, 2021 | Maritime | Liner Shipping

[FBX Weekly] Transpac rates at a two-month low, as congestion grows on East Coast

AJOT Newsroom | October 06, 2021 | Maritime | Liner Shipping

Energy

Bloomberg | October 06, 2021

Canadian oil exports to the US jump with new pipeline startup

Canadian oil shipments to the U.S. jumped to the highest volume since the start of the year thanks in part to the startup of a long-delayed Canadian pipeline.

International Trade

Bloomberg | October 06, 2021

Vietnam plans to cut U.S. pork tariffs as trade tensions ease

Vietnam plans to lower tariffs on U.S. frozen pork, corn and wheat, a further sign of easing trade tensions with its biggest export market.

Maritime

Bloomberg | October 06, 2021

Container crisis gets so bad Coca-Cola switches to bulk freight

The cost of shipping stuff in containers has gotten so out of hand that Coca-Cola Co. is switching its cargoes to vessels that are normally only used by industrial commodity traders to help keep its business running.

Rail Traffic for September and the Week Ending October 2, 2021

AJOT Newsroom | October 06, 2021 | Intermodal | Rail | By The Numbers

Maritime

AJOT Newsroom | October 06, 2021

Transpacific rates at a two-month low, as congestion grows on East Coast

With production in China slowed during Golden Week and by power restrictions, and with delays making it increasingly unlikely that shipments not already moving will make it in time for the holidays, transpacific ocean rates stayed level this week at their lowest point since mid-August.

Averitt continues focus on distribution and fulfillment with expansion in Amarillo, TX

AJOT Newsroom | October 06, 2021 | Logistics

The facility will be used to provide shippers access to inventory and freight staging space to help streamline delivery and distribution throughout the Texas Panhandle.

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