Transportation News, Logistics, Ports and Trade

Lee & Associates of Illinois negotiates a 188,142-SF new lease in Carol Stream

AJOT Newsroom | April 04, 2025 | Logistics

Lee & Associates, one of the largest national commercial real estate providers, negotiated a 188,142-square-foot new lease at 815 Kimberly Drive, Carol Stream, IL, bringing the building to 100% occupancy. The 406,000-square-foot property is in DuPage County and has easy access to I-290 and I-355.

Maritime

AJOT Newsroom | April 04, 2025

IMO takes action on seafarers’ rights, substandard shipping

The International Maritime Organization (IMO) has adopted crucial new guidelines to protect seafarers from unfair treatment when detained in foreign jurisdictions in connection with alleged crimes committed at sea.

CMA CGM Announcement: PSS - From Far East to West Africa North and Türkiye & Greece to the USA, Canada & Mexico

AJOT Newsroom | April 04, 2025 | Maritime

In a continued effort to provide customers with reliable and efficient services, CMA CGM informs its customers of the following Peak Season Surcharge (PSS)*:

US Senate Republican pushes for congressional approval of president’s tariffs

Reuters | April 04, 2025 | International Trade

Republican U.S. Senator Chuck Grassley introduced a bill on Thursday that would require congressional approval for new tariffs, the day after President Donald

FAA to investigate after fire reported in cabin of United Airlines flight

Reuters | April 04, 2025 | Air Cargo | Airlines

The U.S. Federal Aviation Administration said on Thursday it would launch an investigation after the crew on a United Airlines Boeing 737 flight from Key West, Florida to Newark

Stocks slide again after Trump tariff rout, banks in firing line

Reuters | April 04, 2025 | International Trade

Global stocks slid for a second day on Friday after U.S. President Donald Trump's sweeping tariff plans wiped $2.4 trillion off Wall Street

Trump’s tariff formula confounds the world, punishes the poor

Reuters | April 04, 2025 | International Trade

Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, Donald Trump's formula for calculating those levies has a serious side: it is also

Trump tariffs, economic uncertainty fuel more settlements between CEOs and activists

Reuters | April 04, 2025 | International Trade

Shares of Yeti Holdings tumbled in December and again in March when President Donald Trump threatened tariffs against China, where the company had some of

OPEC+ may raise output if US supply disruptions deepen - Rystad Energy’s market update

AJOT Newsroom | April 04, 2025 | Energy

Markets responded earlier today to two key developments: the announcement of new US ‘Liberation Day’ tariffs on Wednesday and decisions made following yesterday’s OPEC+ meeting, which signaled an expected increase of 411,000 barrels per day in May supply from eight member countries.

YMX Logistics CEO speaking on panel at ACT Expo on the Electrification of Yard Operations

YMX Logistics | April 03, 2025 | Logistics

Hyster hydrogen fuel cell-powered ReachStacker recognized in 2025 BIG Innovation Awards

Zero-emission container handler honored as a transformative product exemplifying ingenuity and problem-solving in action

First vessel of Port Milwaukee’s 2025 international season arrives

AJOT Newsroom | April 03, 2025 | Maritime | Bulk | Ports & Terminals

Port Milwaukee has welcomed the Singapore-flagged Patagonman as the first vessel of the 2025 international season on Sunday, March 30.

Lineage announces acquisition of Bellingham Cold Storage

AJOT Newsroom | April 03, 2025 | Logistics | Ports & Terminals

Lineage, Inc. (the “Company”), the world’s largest global temperature-controlled warehouse REIT, today announced its acquisition of three warehouses totaling approximately 24 million cubic feet and 85 thousand pallet positions from Bellingham Cold Storage (“BCS”).

GPA grows March container trade 22.5 percent

AJOT Newsroom | April 03, 2025 | Ports & Terminals

• Return of diverted cargo, front-loading among positive factors. • Savannah sets new rail record.

Steep US tariffs on Africa signal end of trade deal meant to boost development

Reuters | April 03, 2025 | International Trade

The U.S. government's imposition of steep tariffs on African nations signals the end of the AGOA trade deal, an initiative meant to help African economies develop through preferential access to U.S. markets, trade experts said on Thursday.

India says studying impact of 27% US tariff, vows to push trade deal

Reuters | April 03, 2025 | International Trade

India said on Thursday it was studying the impact of the 27% tariff slapped by the U.S. on its imports and vowed to push for a trade deal this year, signalling a conciliatory tone despite failing to get relief from President Donald Trump's trade policy.

Southeast Asian nations, among hardest-hit by Trump tariffs, seek talks

Reuters | April 03, 2025 | International Trade

Southeast Asian nations reeled on Thursday as they were hit with some of President Donald Trump's heftiest tariffs, which now threaten the economies that have benefited from investment since he imposed levies on China during his first term.

Weber Logistics appoints logistics industry veteran, Sosnowski, CCO

AJOT Newsroom | April 03, 2025 | Logistics | People | Appointments

Weber Logistics has named David Sosnowski as its new Chief Commercial Officer. In this role, David will oversee all commercial functions for the company, including strategy, sales, and marketing, to support Weber's continued growth and expansion across the West Coast and North America.

ECU Worldwide appoints Rodrigues as Regional CEO to lead Latin America growth strategy

ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary and a leader in LCL consolidation, has appointed Sergio Rodrigues as Regional CEO for Latin America.

US trade deficit narrows in February

Reuters | April 03, 2025 | International Trade

The U.S. trade deficit narrowed in February, but the level of imports remained elevated after businesses front-loaded goods to avoid higher prices from tariffs, keeping trade on track to be a drag on economic growth in the first quarter.

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