Transportation News, Logistics, Ports and Trade

Cebu Air to raise $500 million, reduce fleet and network

Bloomberg | October 07, 2020 | Air Cargo | Airports

International Trade

Bloomberg | October 07, 2020

Race to WTO leadership is down to the final two candidates

World Trade Organization members selected two final candidates -- Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee -- to advance to the final round in the race to lead the Geneva-based trade body, according to people familiar with the matter.

Gulf Stream Marine expands network with acquisition of Alabo Street Terminal operations at Port of New Orleans

AJOT Newsroom | October 07, 2020 | Ports & Terminals | Ports

John Good Logistics continues global expansion with opening of US office

John Good Logistics | October 07, 2020 | Logistics

Company builds on global footprint to meet growing demand for specialist project forwarding John Good Logistics, a leader in global logistics, is delighted to announce the opening of its new office in the USA. Strategically located in the New York Metropolitan Area, the New Jersey office will better serve current and new US-based clients, cementing its position as an important player in the growing and dynamic international logistics market.

OmniTRAX’s Andi Malter named Denver Business Journal C-Suite winner

AJOT Newsroom | October 07, 2020 | Intermodal | Rail

Rail Traffic for September and the Week Ending October 3, 2020

AJOT Newsroom | October 07, 2020 | Intermodal | Rail | By The Numbers

World Shipping Council names new Communications Director

AJOT Newsroom | October 07, 2020 | Logistics | People | Appointments

Airports may not fully recover until late 2024 according to Fitch

AJOT Newsroom | October 07, 2020 | Air Cargo | Airports

U.S. Airlines August 2020 Fuel Use Up 5% from July

AJOT Newsroom | October 07, 2020 | Air Cargo | Airlines | By The Numbers

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ August Fuel Cost and Consumption numbers.

Tech startup Packwise pilots new smart sensor to digitise the chemical and liquid supply chain

AJOT Newsroom | October 07, 2020 | Shipping Technology

China-US rates steady, but strong demand expected to return [FBX Weekly]

AJOT Newsroom | October 07, 2020 | Maritime | Liner Shipping | By The Numbers

International Trade

Bloomberg | October 07, 2020

U.S. warns food costs may double with farm-to-fork push

U.S. Agriculture Secretary Sonny Perdue warned that the European Union’s “Farm to Fork” environmental initiative will stoke trade tensions as European producers face higher costs and seek protectionist measures.

Pelosi, Mnuchin talk airline aid after Trump nixes big stimulus

Bloomberg | October 07, 2020 | Air Cargo | Airlines

International Trade

Bloomberg | October 07, 2020

U.K. plans to quit Brexit talks if no deal clear next week

Brexit negotiations are at risk of breaking down within days after the U.K. government warned it will pull out of trade talks with the European Union if there is no clear deal in sight next week.

JAXPORT’s Board of Directors re-elects Shelton as Chair, selects new officers

During the October 5 meeting of the Jacksonville Port Authority (JAXPORT) Board of Directors, the Board unanimously re-elected Jacksonville business executive and civic leader Jamie Shelton as Chairman.

EasyJet to pull planes from Venice, Naples on demand slump

Bloomberg | October 07, 2020 | Air Cargo | Airlines

DAT Freight Trends on the Spot Market – Sept 28-Oct 4, 2020

AJOT Newsroom | October 07, 2020 | Intermodal | By The Numbers

The national average spot van rate hit a record high of $2.46 per mile during the week ending Oct. 4 and the overall number of available loads increased 5% compared to the previous week as supply chain disruptions push freight to the spot market, according to DAT Freight & Analytics, which operates the industry’s largest load board network.

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