Transportation News, Logistics, Ports and Trade

MSC sailing omissions on Europe to US network

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

MSC announced two blank sailings during weeks 16 and 17 from Europe to the US in order to adapt capacity to current market demands amid the evolving COVID-19 situation.

MSC Transpacific network structural changes and omissions

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

MSC plans to rationalise capacity within its transpacific network from April to June 2020. This is necessary in order to respond to lower demand due to the increased impact of COVID-19 across Asia, the USA and Canada. The network is being redesigned to ensure that coverage is maintained with minimal disruption to current services.

Ocean Network Express Issues its First Electronic Bill of Lading

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

Ocean Network Express (ONE), the world’s sixth largest container line by TEU capacity, and essDOCS, the leading enabler of paperless trade, announced today that ONE recently handled its first ever electronic, negotiable Bill of Lading (eB/L) via essDOCS’ paperless document solution, CargoDocs.

Saia LTL Freight chooses Optym RouteMAX Software to improve service levels

AJOT Newsroom | April 03, 2020 | Shipping Technology

Seaboard Marine COVID-19 message

Seaboard Marine | April 03, 2020 | Maritime | Liner Shipping

For nearly 40 years, Seaboard Marine has served the Western Hemisphere carrying cargo to some of the world’s hardest-hit countries in the aftermath of natural disasters.

RATP Dev USA appoints Arnaud Legrand as CEO

RATP Dev USA | April 03, 2020 | Logistics | People | Appointments

RATP Dev USA, the North American subsidiary of the global transportation provider, announces the appointment of Arnaud Legrand, former Chief Executive Officer of Bombela Operating Company (BOC), as the Chief Executive Officer of RATP Dev USA.

Southeastern Freight Lines recognized as R2 Logistics Carrier of the Year

Southeastern Freight Lines | April 03, 2020 | Intermodal | Trucking

Southeastern Freight Lines, a leading provider of regional less-than-truckload (LTL) transportation services, has been recognized as the 2019 LTL Carrier of the Year by R2 Logistics.

Building the first FSRU vessel in China

AJOT Newsroom | April 03, 2020 | Project / Heavy Lift

This Logistics Plus China & Belgium Project Cargo teams assisted with building the first ever floating storage and regasification unit (FSRU) vessel in China.

Truckers hauling food mean no nation is an island

Bloomberg | April 03, 2020 | Intermodal | Trucking

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Rainer Wittenfeld appointed Co-Managing Director of LUG aircargo handling GmbH

LUG aircargo handling GmbH has strengthened its leadership team with Rainer Wittenfeld being appointed Co-Managing Director alongside Patrik Tschirch.

Ports & Terminals

AJOT Newsroom | April 03, 2020

Port, stakeholders expedite shipments of medical equipment

The Port of Long Beach is working with medical supply companies, ocean carriers, marine terminal operators, dockworkers and truckers to expedite the importation of crucial health equipment during the COVID-19 pandemic.

Immediate support for air cargo urgently needed - TIACA

AJOT Newsroom | April 03, 2020 | Air Cargo | Air Forwarders

Ryanair to lose $325 million from oil insurance trades gone bad

Bloomberg | April 03, 2020 | Air Cargo | Airlines

Ryanair Holdings Plc predicted a 300 million-euro ($325 million) hit for the fiscal year that just ended because of wrong-way bets on fuel hedges.

Airline Industry warns of crisis bigger than 9/11 aftermath

Bloomberg | April 03, 2020 | Air Cargo | Airlines

Global air traffic demand fell 14% in February, the most since the 9/11 terrorist attacks, as airlines were “hit by a sledgehammer called COVID-19,” the International Air Transport Association said.

Frightened workers stay away from factory floors, hitting output

Bloomberg | April 03, 2020 | International Trade

Cathay cuts skeleton capacity even further as demand disappears

Bloomberg | April 02, 2020 | Air Cargo | Airlines

Cathay Pacific Airways Ltd. said it will cut capacity even further as travel demand has disappeared because of the coronavirus.

Oil market still under pressure despite record futures surge

Bloomberg | April 02, 2020 | Energy | Conventional

HNA’s Swissport to Hire Houlihan Lokey to Advise on Debt

Bloomberg | April 02, 2020 | Air Cargo | Airports

Swissport International AG, the airport ground services firm owned by beleaguered Chinese conglomerate HNA Group Co., hired advisers to review its debt as passenger air traffic grinds to a halt because of coronavirus restrictions.