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KKR to tap Italy’s railway chief to run $20 billion telecom grid

Bloomberg | April 12, 2024 | Intermodal | Rail

KKR & Co. is set to tap an Italian industry veteran to run the telecom network business which is buying from Telecom Italia SpA, according to people familiar with the matter said...

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China steel exports hit highest since 2016 on weak local demand

Bloomberg | April 12, 2024 | International Trade

China’s steel exports posted the strongest month since 2016, weeks after US Treasury Secretary Janet Yellen used the industry as an example to warn on Chinese overcapacity in emerging industries.

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China exports drop more than expected in setback to recovery

Bloomberg | April 12, 2024 | International Trade

China’s exports slumped in March, dealing a blow to hopes that booming sales abroad will offset weak demand at home and drive growth in the world’s second-largest economy.

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‘Mag Seven’ power stocks in run-up to US earnings

Bloomberg | April 11, 2024 | International Trade

The world’s largest technology companies drove a rebound in stocks, with traders bracing for a deluge of results from Corporate America that will test this year’s $4 trillion rally.

Charging ahead: Electric trucks are here to stay
Energy
Stuart Todd | Top Story | April 11, 2024

AJOT Insights
Charging ahead: Electric trucks are here to stay

Charging infrastructure gains momentum. A dearth of charging infrastructure has often been cited as a major obstacle in convincing truck manufacturers to ramp up the production of zero-emission, electrically powered heavy-duty vehicles (eHDV)...
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Lineage announces latest automated warehouse in Hazleton, Pennsylvania

AJOT | April 11, 2024 | Logistics

Lineage, one of the world’s leading temperature-controlled warehouse REITs and integrated solutions providers, today announced the expansion of its network of automated facilities with a new cold storage warehouse in Hazleton, Pennsylvania currently under construction.

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Port of Albany awarded $9.9M in funding for rail and maritime infrastructure improvements from NYS DOT

AJOT | April 11, 2024 | Ports & Terminals | Project / Heavy Lift | Maritime Project

Upgrades to the Port’s existing maritime terminal will ensure heavy lift capabilities and serve regional manufacturers

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US buys more Taiwan exports than China for first time since 2003

Bloomberg | April 11, 2024 | International Trade

Chinese leader Xi Jinping and former Taiwan President Ma Ying-jeou just used a landmark meeting to underscore their view that the two sides of the strait are close as family. Trade data tell a different story.

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All funding options ‘on the table’ for Baltimore bridge rebuild

Bloomberg | April 11, 2024 | Ports & Terminals

Maryland Governor Wes Moore said all options — including private partnership and tapping capital markets — are under consideration to finance the rebuild of the collapsed Francis Scott Key Bridge in Baltimore if the federal government is unable to cover the costs as originally promised.

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US carriers seek to extend NYC flight limits on delay concerns

Bloomberg | April 11, 2024 | Air Cargo | Airports

US airlines are seeking another year of voluntary flight reductions at some of the nation’s most congested airports as the industry struggles with an ongoing shortage of air traffic controllers.

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Rail safety education first responder course receives national certification

AJOT | April 11, 2024 | Intermodal | Rail

OLI’s railroad investigation and safety course for law enforcement now POST-certified in 40 states including D.C.

Roadrunner opens new Atlanta service center

AJOT | April 11, 2024 | Trucking

Assistant Secretary Harris commemorates Supply Chain Integrity Month

AJOT | April 11, 2024 | International Trade | Ports & Terminals

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U.S. ports should support more maritime education in schools

Stas Margaronis | April 11, 2024 | Ports & Terminals

U.S. ports should do more to promote maritime education and industry career possibilities with schools and especially focus on elementary schools, according to retired Cal State Long Beach lecturer Laura Kovary.

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MSC PSS - scope: Import Middle East to USA East Coast / USA Gulf Coast/ San Juan

AJOT | April 11, 2024 | Maritime | Liner Shipping

Mediterranean Shipping Company has filed and will implement the following Peak Season Surcharge (PSS) effective April 2nd, 2024, with the following quantum and effective date for all shipments as below.

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MSC PSS - scope: Import Indian Sub-continent to USA East Coast/ USA Gulf Coast / San Juan

AJOT | April 11, 2024 | Maritime | Liner Shipping

Mediterranean Shipping Company has filed and will implement the following Peak Season Surcharge (PSS) effective April 8th, 2024, with the following quantum and effective date for all shipments as below.

Bigyellowfish welcomes Dr. Sorensen to executive leadership team

AJOT | April 11, 2024 | Maritime | Technology | People | Appointments

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Shell awards Crowley for performance and growth in Alaska fuels

AJOT | April 11, 2024 | Energy

Shell, a leading global energy supplier, recently honored Crowley for creating high loyalty and brand performance among its customers in Alaska and the U.S. West Coast.

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Wilson Sons redefines maritime logistics on South America’s east coast

AJOT | April 11, 2024 | Ports & Terminals | Terminals

Innovative solution in partnership with Asian carriers consolidates Rio Grande as regional container hub

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