Transportation News, Logistics, Ports and Trade

Germany’s Merkel sees work ahead to repair relations with U.S.

Bloomberg | November 09, 2020 | International Trade

Chancellor Angela Merkel made clear that even with Donald Trump no longer president, Europe’s relationship with the U.S had changed and that the continent had to take on more collective responsibility.

Norwegian Air tumbles as government turns down new aid request

Bloomberg | November 09, 2020 | Air Cargo | Airlines

Johnson enters Brexit endgame that could define his tenure

Bloomberg | November 09, 2020 | International Trade

China’s meat imports seen surging to record on pork shortages

Bloomberg | November 09, 2020 | International Trade | Commodity

China crop futures tumble as Biden election spurs import hopes

Bloomberg | November 09, 2020 | International Trade | Commodity

Singapore Airlines seeks liquidity after suffering record loss

Bloomberg | November 09, 2020 | Air Cargo | Airlines

Trudeau to begin talks With Canada Airlines on financial aid

Bloomberg | November 08, 2020 | Air Cargo | Airlines

Etihad Airlines streamlines executive team to weather pandemic

Bloomberg | November 08, 2020 | Air Cargo | Airlines

Biden Win May Curb U.S. Oil Drilling, Super-Charge Renewables

Bloomberg | November 08, 2020 | International Trade

Ryanair boss says the U.K. shouldn’t bail out airlines: Mail

Bloomberg | November 08, 2020 | Air Cargo | Airlines

China’s commodities imports decline as seasonal slump weighs

Bloomberg | November 08, 2020 | International Trade | Commodity

Power sector consumed 30% less coal in first-half 2020 than in first-half 2019

AJOT Newsroom | November 06, 2020 | Energy

From January to June 2020, the electric power sector consumed 184.8 million short tons (MMst) of coal, 30% less than during the same period in 2019. After setting an annual record of 1,045 MMst in 2007, coal consumption in the electric power sector has been declining. This decline is happening as many coal-fired power plants are retiring or are converting to natural gas, driven by tighter air emission standards and the decreased cost-competitiveness of coal relative to other resources.

WorldACD: Trends for the past 5 weeks (week 44)

AJOT Newsroom | November 06, 2020 | Air Cargo | Freighters

Last week (wk 44), worldwide chargeable weight decreased by 1% compared with a week earlier (wk 43). Asia Pacific was the only origin region with a slight increase in chargeable weight (+1%). Worldwide capacity was down by 2%. The only increase in capacity came from Middle East & South Asia (+1%), with the largest decrease from North America (-4%). Worldwide yield/rate (in USD per kg) increased for the third week in a row.

CMA CGM Group partners with Seaexplorer in the Vendée Globe 2020 race

AJOT Newsroom | November 06, 2020 | Maritime | Liner Shipping

Logistics Plus significantly expands warehousing capacity in 2020

AJOT Newsroom | November 06, 2020 | Logistics

Logistics Plus Inc., a leading worldwide provider of transportation, logistics, and supply chain solutions, has been aggressively expanding its warehousing and fulfillment capacity in the past year. New or relocated facilities in southern California, Chicago, northwestern Pennsylvania, and New Jersey have added over one million additional square feet to the company’s primary warehousing footprint in the United States. Logistics Plus now actively manages over two million square feet of warehousing space at over a dozen facilities across the country. Additionally, the company manages warehousing contracts for its 4PL clients at nearly 100 more locations around the world.