Transportation News, Logistics, Ports and Trade

U.K. says benefits of post-Brexit trade deals underestimated

Bloomberg | July 23, 2020 | International Trade

The U.K. is reviewing the potential benefits of trade agreements with countries such as the U.S. and Japan after Brexit because it believes previous analysis underestimated the possible gains.

Alaska Airlines adds 12 new destinations from LAX

AJOT Newsroom | July 23, 2020 | Air Cargo | Airlines

Intermodal

Bloomberg | July 23, 2020

Nikola breaks ground on US plant with little cash wiggle room

Nikola Corp. broke ground Thursday on a new electric-truck factory in Arizona it hopes to open next year, but first the startup needs to figure out a way to pay for the 1 million square-foot facility and other expenses with little cash on hand.

Energy

Stas Margaronis | July 23, 2020

California offshore wind farm auction could begin in 2021 creating economic development for ports

Adam Stern, executive director of the Menlo Park, CA-based trade association, Offshore Wind California, told AJOT that “progress has been made in the federal approval process” conducted by the Bureau of Ocean Energy Management (BOEM) so that auctions of offshore wind sites, “may begin in 2021.”

American Air, Southwest plan cautious schedules on demand stall

Bloomberg | July 23, 2020 | Air Cargo | Airlines | People

Emirates tries a new tactic to fill planes: Cover medical costs

Bloomberg | July 23, 2020 | Air Cargo | Airlines

Brexit talks end with both sides warning a deal is far away

Bloomberg | July 23, 2020 | International Trade

Madagascar takes control of carrier after Air Austral’s exit

Bloomberg | July 23, 2020 | Air Cargo | Airlines

Saudis gained nothing in first month after ending oil-price war

Bloomberg | July 23, 2020 | Energy | International Trade

British Airways reaches pilot deal to end row over job cuts

Bloomberg | July 23, 2020 | Air Cargo | Airlines

Solar surge is making coal plants unprofitable in top exporter

Bloomberg | July 23, 2020 | Energy

Even the world’s top coal exporter is struggling to make money from burning the fuel.

International Trade

Bloomberg | July 23, 2020

US Exim Bank out to displace China after record loan in Africa

The Export-Import Bank of the U.S. opened a new front in the trade war between America and China with its biggest loan yet in sub-Saharan Africa, as it plans to compete more aggressively on the continent.

Hong Kong virus policy threatens to block most US travelers

Bloomberg | July 22, 2020 | Air Cargo | Airports

China fishing boats may breach North Korea sanctions, group says

Bloomberg | July 22, 2020 | International Trade

China consulate fight shows Trump’s hardliners are in charge

Bloomberg | July 22, 2020 | International Trade

Why some travel bubbles might remain thought bubbles

Bloomberg | July 22, 2020 | Air Cargo | Airports

Huawei fights to share sensitive evidence in US sanction case

Bloomberg | July 22, 2020 | International Trade

Huawei Technologies Co., the Chinese smartphone maker charged with violating U.S. sanctions against Iran, asked a federal judge for a closed-door hearing to press for access to evidence that prosecutors say is too sensitive for defense lawyers to share with their clients.

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