Transportation News, Logistics, Ports and Trade

Oil rises as tight U.S. supplies counter trade war pessimism

Bloomberg | September 04, 2019 | Energy

Emirates takes a hard look at fleet needs in slowing economy

Bloomberg | September 04, 2019 | Air Cargo | Airlines

After years of rapid growth fueled by some of aviation’s biggest-ever jet deals, Dubai’s Emirates is reviewing its fleet requirement in light of the demise of the Airbus SE A380 jumbo and a deteriorating global economy.

American Air says goodbye to MD-80 jetliner after 36 years

Bloomberg | September 04, 2019 | Air Cargo | Airlines

Julio Gomez has flown the MD-80 for his entire 20-year career at American Airlines. But he can’t bring himself to make that final trip into the New Mexico desert.

U.K.’s super-rich prepare to flee from Corbyn rule, not Brexit

Bloomberg | September 04, 2019 | International Trade

World envies Brazil’s access to Trump, Foreign Minister says

Bloomberg | September 04, 2019 | International Trade

Energy

Bloomberg | September 04, 2019

First LNG cargo leaves $15 billion site as U.S. exports grow

The first cargo of liquefied natural gas has set sail from a $15 billion Texas export terminal, amplifying America’s growing influence on the global market for the fuel.

International Trade

Bloomberg | September 04, 2019

Hurricane Dorian lashes Florida after wreaking havoc on Bahamas

Hurricane Dorian menaced the U.S. East Coast with devastating flooding and winds, lashing Florida after laying waste to the Bahamas in a brutal two-day battering.

Hong Kong unrest is worrying India’s jewelers

Bloomberg | September 04, 2019 | International Trade

Escalating protests in Hong Kong have jewelers in India worried.

Singapore tries to find its own path in clash of AI superpowers

Bloomberg | September 04, 2019 | International Trade

Kenya Airways seeking more sway in alliance with Air France-KLM

Bloomberg | September 04, 2019 | Air Cargo | Airlines

Kenya Airways Plc is looking to renegotiate a 24-year long partnership with Air France-KLM to gain more control over their cost and revenue-sharing deal and the ability to make agreements with other airlines.

Dreams of an Asia-Pacific trade pact by year-end fading again

Bloomberg | September 03, 2019 | International Trade

International Trade

Bloomberg | September 03, 2019

U.S. East Coast braces for Dorian chaos as Bahamas are battered

The U.S. East Coast from Florida to the Carolinas was bracing for devastating winds and a life-threatening storm surge from Hurricane Dorian as the Category 3 storm wreaks havoc on the Bahamas.

A. Duie Pyle leases logistics facility in Greencastle, PA

AJOT Newsroom | September 03, 2019 | Intermodal | Trucking

American Airlines update on the Boeing 737 MAX

AJOT Newsroom | September 03, 2019 | Air Cargo | Airlines

American is extending cancellations for the MAX through Dec. 3. In total, approximately 140 flights per day will be canceled through Dec. 3.

Fednav takes delivery of bulk carrier Federal Montreal

AJOT Newsroom | September 03, 2019 | Maritime | Bulk

In a recent ceremony at Oshima Shipbuilding Co. Ltd., Canadian dry bulk shipping company Fednav Limited (Fednav) took delivery of Federal Montreal, its latest newbuild bulk carrier. The vessel is the 50th Fednav vessel classed by DNV GL.

FIS Air Freight Report September 2, 2019

AJOT Newsroom | September 03, 2019 | By The Numbers

China to Europe spot rates continue to sink beyond the August levels, with the basket dropping a further 3 cents. This softening has since lost momentum over the past few weeks, with the forward market pricing in a slower price rise at the end of Q3. Q4 is still uncertain, with forward market trading activity unlikely to build until the end of September.

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