Transportation News, Logistics, Ports and Trade

Kuehne+Nagel finalizes agreement with Moderna for Covid-19 vaccine distribution

AJOT Newsroom | January 07, 2021 | Logistics

Scallog, the French logistics robotics specialist, sets sail to conquer the US in agreement with Bastian Solutions

AJOT Newsroom | January 07, 2021 | Logistics | Shipping Technology

Scallog, one of the leading suppliers of logistics robots in France, has signed an integrator agreement with Bastian Solutions, a Toyota Advanced Logistics company, and a long-established intralogistics expert in the USA.

CEVA Logistics accelerates its expansion in Africa with the acquisition of ASTI Group in Morocco

AJOT Newsroom | January 07, 2021 | Logistics

Canada’s international trade slows in sign of weakening recovery

Bloomberg | January 07, 2021 | International Trade

Canada’s merchandise trade deficit remained at historically elevated levels in November, as exports and imports slowed amid a weakening global recovery.

Ports & Terminals

AJOT Newsroom | January 07, 2021

Kalmar’s hybrid RTGs to support sustainable growth for Total Terminals International at the Port of Long Beach, CA

Kalmar, part of Cargotec, has completed a deal with Total Terminals International, LLC (TTI) to supply a total of six hybrid rubber-tyred gantry cranes (RTGs) equipped with a suite of Kalmar SmartPort process automation solutions.

SEKO Logistics embarks on next phase of global growth with new investment from Ridgemont Equity Partners

AJOT Newsroom | January 07, 2021 | Logistics

IAG Cargo celebrates 1000th charter flight

AJOT Newsroom | January 07, 2021 | Air Cargo | Freighters

IAG Cargo, the cargo arm of parent group IAG, celebrates its 1000th charter flight of 2020 which departed at the end of the year from London Heathrow to Los Angeles Airport.

Air Cargo

AJOT Newsroom | January 07, 2021

Swiss WorldCargo resumes service to Los Angeles and adds Lima as a new destination

Swiss WorldCargo is continuing to expand its global network, including in the Americas.

Germany appeals to U.S. to scrap tariffs in Airbus, Boeing fight

Bloomberg | January 07, 2021 | International Trade | Commodity

U.S. trade gap widened to second-biggest on record in November

Bloomberg | January 07, 2021 | International Trade

Iran holds Navy drills in Persian Gulf amid standoff over tanker

Bloomberg | January 07, 2021 | Energy | Conventional

Return to food protectionism is riling farmers in Argentina

Bloomberg | January 07, 2021 | International Trade | Commodity

A ban on corn exports in Argentina is fanning fear among farmers and traders that one of the world’s top food suppliers is returning to an era of brutal meddling in crop markets.

Oil refiners reel from Saudi output cut even as demand eases

Bloomberg | January 06, 2021 | Energy | Conventional

U.S. imports no Saudi Crude for first time in 35 years

Bloomberg | January 06, 2021 | Energy | Conventional

US Secretary of Commerce Ross on President Trump’s Executive Order: “Addressing the threat posed by applications and other software developed or controlled by Chinese companies”

AJOT Newsroom | January 06, 2021 | International Trade

Register for Midwest Association of Rail Shippers Online Winter Meeting by January 15

Midwest Association of Rail Shippers | January 06, 2021 | Intermodal | Rail

Kathryn Farmer, the new President and CEO of BNSF, and Keith Creel, President and CEO of Canadian Pacific, will be among the featured speakers at the Midwest Association of Rail Shippers (MARS) virtual Winter Meeting on January 20. Anyone interested in attending the half-day online session should register by Friday, January 15.

US average gasoline prices and vehicle travel fell to multiyear lows in 2020

AJOT Newsroom | January 06, 2021 | Energy

U.S. regular retail gasoline prices averaged $2.17 per gallon (gal) in 2020, 44 cents/gal (17%) lower than in 2019 and the lowest annual average since 2016. Gasoline prices at the beginning of the year were more than $2.50/gal; however, responses to the COVID-19 pandemic resulted in widespread reductions in passenger travel and gasoline demand, contributing to lower gasoline prices across the United States.

Swiss WorldCargo begins service to Seoul, adds Asia frequencies

AJOT Newsroom | January 06, 2021 | Air Cargo | Freighters

Swiss WorldCargo continues expanding its global network. They have announced several new and additional flights, which will connect Zurich and Switzerland to various cities and regions within Asia. This way Swiss WorldCargo can continue to ensure the vital connection of air cargo between the economies of Switzerland and Asia.

Global air cargo volumes end 2020 on a ‘relative high’ after a turbulent year

AJOT Newsroom | January 06, 2021 | Air Cargo | Freighters

Intermodal

AJOT Newsroom | January 06, 2021

Patriot Rail Company LLC finalizes acquisition of Salt Lake Garfield & Western Railway

Patriot Rail Company LLC (Patriot), a leading U.S. operator of short line and regional freight railroads, rail services, and integrated port logistics companies, today announced it has finalized the acquisition of short line operator Salt Lake Garfield & Western Railway (SLGW) and its related entities Caballero LLC and Caballero 2 LLC, storage and transload service providers. The SLGW represents the first bolt-on acquisition by Patriot since First Sentier Investors (FSI), a leading global investor in infrastructure, acquired Patriot in October 2019.

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