Transportation News, Logistics, Ports and Trade

Logistics

Bloomberg | March 11, 2020

ISM says US firms are seeing widespread supply disruption on virus

Nearly 75% of U.S. companies have experienced supply chain disruptions because of virus-related transportation restrictions, according to an Institute for Supply Management survey that adds to signs of growing strain in global economic linkages as the outbreak upends activity worldwide.

South African carrier FlySafair interested in buying SAA’s low-cost arm mango

Bloomberg | March 11, 2020 | Air Cargo | Airlines

The ports are weather vanes as economic clouds darken

Bloomberg | March 11, 2020 | Ports & Terminals

Virus-hit Iran urges US to lift sanctions halting drug imports

Bloomberg | March 11, 2020 | International Trade

Global fashion brands face EU crackdown to clean up textiles

Bloomberg | March 11, 2020 | International Trade

Next week’s UK-EU Brexit trade talks still on, officials say

Bloomberg | March 11, 2020 | International Trade

Pakistan to cut import duty to make exports more competitive

Bloomberg | March 11, 2020 | International Trade

UK set for biggest stimulus in decades for infrastructure

Bloomberg | March 11, 2020 | Intermodal | Trucking

Subways, airports rush to clean now, pay later amid virus threat

Bloomberg | March 11, 2020 | Intermodal

Cathay projects ‘substantial’ loss as virus follows protests

Bloomberg | March 11, 2020 | Air Cargo | Airlines

Read the fine print on Johnson’s new infrastructure plans

Bloomberg | March 11, 2020 | Intermodal | Trucking

Ports & Terminals

Bloomberg | March 10, 2020

Warning bells sound for US economy as virus squeezes ports

Accustomed to running at full speed this time of year, George Powers has watched as a shipping slowdown tied to the coronavirus sidelines more than half his warehouse workers at the usually bustling Port of Savannah on the U.S. East Coast.

Air Cargo

Bloomberg | March 10, 2020

US airlines brace for a virus shock rivaling fallout from 9/11

U.S. airlines outlined deep cuts to their flight schedules as the coronavirus provokes an industry crisis that’s shaping up to be worse than the aftermath of the 9/11 terrorist attacks.

Command Alkon wins FC Most Innovative Co.

Command Alkon | March 10, 2020 | Project / Heavy Lift

Command Alkon has been named one of the World’s Most Innovative Companies by Fast Company.

Texas oil-export hub set to slash spending after market meltdown

Bloomberg | March 10, 2020 | Energy | Ports & Terminals

Rhenus expands presence in the Americas and opens warehouse in Miami

Rhenus Logistics | March 10, 2020 | Air Cargo | Air Forwarders

The new warehouse will serve as regional headquarters of Rhenus for the North and South American region.

Airlines are sounding alarms. Shouldn’t suppliers, too?

Bloomberg | March 10, 2020 | Air Cargo | Airlines

American Airlines announces additional schedule changes in response to customer demand related to COVID-19

AJOT Newsroom | March 10, 2020 | Air Cargo | Airlines

Crude collapse to crush US petchem advantage

AJOT Newsroom | March 10, 2020 | Energy

Out of service? OFS firms brace for bankruptcies as price war could slash $250 billion off E&P budgets

AJOT Newsroom | March 10, 2020 | Energy

The total capital and operational expenditure of exploration and production companies (E&Ps) is now likely to be cut by $100 billion in 2020 and another $150 billion in 2021 if oil prices remain on a $30 level, a Rystad Energy impact analysis revealed – a development that will heavily impact service company revenues, driving some out of the market.

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