Transportation News, Logistics, Ports and Trade

MSC updates effective September 1, 2020

AJOT Newsroom | August 03, 2020 | Maritime | Liner Shipping

Centerpoint acquires last-mile facility in competitive Los Angeles South Bay submarket

AJOT Newsroom | August 03, 2020 | Logistics

CenterPoint Properties has acquired a 60,115 SF distribution facility at 230 W. Rosecrans Avenue in Gardena, CA. The facility sits on 3.22 acres in the South Bay submarket of Los Angeles.

US shale Chapter 11 and M&A review: Investment opportunities in low-cost assets

AJOT Newsroom | August 03, 2020 | Energy | Conventional | By The Numbers

Several large and small independent US oil and gas producers have filed for bankruptcy this year as their debt burden peaked and hopes of cash flow recovery plunged due to the downturn caused by the Covid-19 pandemic.

Hottest part of the fossil fuel market starts to cool

Bloomberg | August 03, 2020 | Energy | Conventional

OOCL announces new China Indonesia Philippines service (CIP)

AJOT Newsroom | August 03, 2020 | Maritime | Liner Shipping

OOCL will be strengthening their China to South-East Asia service network by introducing the new China Indonesia Philippines service (CIP) to be launched in September 2020.

Japan Airlines posts biggest loss since re-listing in 2012

Bloomberg | August 03, 2020 | Air Cargo | Airlines

South Korea and Japan flap could hit Trump’s plans on China

Bloomberg | August 03, 2020 | International Trade

Asia’s factories see modest pickup alongside Chinese rebound

Bloomberg | August 03, 2020 | International Trade

International Trade

Bloomberg | August 02, 2020

U.K.’s Truss in Washington to press for Post-Brexit trade deal

U.K. International Trade Secretary Liz Truss will meet with her U.S. counterpart Robert Lighthizer in Washington on Monday as part of the third round of talks to reach a trade deal between the two countries.

China to revise cross-border investment rules for local PE funds

Bloomberg | August 01, 2020 | International Trade

South Korea’s export slump eases as external demand improves

Bloomberg | July 31, 2020 | International Trade | By The Numbers

State of Louisiana, U.S. Army Corps of Engineers Sign Agreement to Deepen Lower Mississippi River to 50 Feet

AJOT Newsroom | July 31, 2020 | Ports & Terminals | Canal and Waterway

Gov. John Bel Edwards and other top Louisiana officials sign a formal agreement with the U.S. Army Corps of Engineers to begin construction on the deepening of the Lower Mississippi River to 50 feet from 45 feet.

Air Cargo

Bloomberg | July 31, 2020

Air Canada rips Trudeau over rules, may cancel plane orders

Air Canada escalated a fight with the government of Prime Minister Justin Trudeau over the country’s stringent travel rules, threatening to suspend more routes and cancel orders of locally made planes.

North Carolina Ports Hurricane Isaias Notice

AJOT Newsroom | July 31, 2020 | Ports & Terminals | Ports

Port of Montreal operations normal this weekend

AJOT Newsroom | July 31, 2020 | Ports & Terminals | Terminals

Business as usual this weekend at the Port of Montreal. Activities at the Termont and MGTP container terminals (Cast, Maisonneuve, Racine and Viau terminals) in the Port of Montreal will resume as normal over the weekend. Operations will recommence on Saturday, August 1 at 7: 00 a.m. at the four Termont and MGTP terminals.

U.S. sanctions two chinese individuals, one entity based in Xinjiang

Bloomberg | July 31, 2020 | International Trade

Ports & Terminals

AJOT Newsroom | July 31, 2020

Op-Ed: Ports Council regarding COVID-19 Impacts

Florida’s seaports are one of the state’s greatest economic assets, positively affecting every region and every resident. Our seaports have a $117.6 billion economic impact across Florida and account for more than 900,000 direct and indirect jobs, while linking our communities to vital national and international markets.

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