Latest News

A U.S.-owned company, Renewable Strategy, provides critical marine coordination and safety services

Energy

AJOT | Top Story | April 23, 2024

A U.S.-owned company, Renewable Strategy, provides critical marine coordination and safety services

Often overlooked as a key service, Marine Coordination Centers serve as the critical value-added service in the construction of offshore wind farms.

GE Aerospace raises earnings goal on strong engine sales

Bloomberg | April 23, 2024 | Air Cargo | Airlines

Vegas-to-California $12 billion rail line kicks off construction

Bloomberg | April 23, 2024 | Intermodal | Rail

UPS profit tops estimates as efficiency push counters costs

Bloomberg | April 23, 2024 | Air Cargo | Freighters | Trucking

Port of Lake Charles cracks nation’s top 10 for cargo

Ports & Terminals

AJOT | Top Story | April 23, 2024

Port of Lake Charles cracks nation’s top 10 for cargo

Major gains in cargo have made the Port of Lake Charles one of the top 10 busiest ports in the nation.

Post-Brexit food checks will be ‘light-touch,’ UK minister says

Bloomberg | April 23, 2024 | International Trade

AFC joins $20 billion Morocco-to-UK subsea power export plan

Bloomberg | April 23, 2024 | Energy

EU weighs sanctions on firms shipping weapons tech to Russia

Bloomberg | April 23, 2024 | International Trade

JetBlue slides as Latin America woes weigh on sales outlook

Bloomberg | April 23, 2024 | Air Cargo | Airlines

Oil market sees Iran sanctions having muted impact on exports

Bloomberg | April 22, 2024 | Energy

AFC joins $20 billion Morocco-to-UK subsea power export project

Bloomberg | April 22, 2024 | Energy | Alternative

https://www.ajot.com/images/uploads/article/WorldACD_-_Weekly_Report_-_wk15_2024.jpg

WorldACD Weekly Air Cargo Trends (week 15)

AJOT | April 22, 2024 | Air Cargo | Freighters

Eid weakens demand but rates hold firm

UK exports fewer goods after Brexit, tilting economy to services

Bloomberg | April 22, 2024 | International Trade

https://www.ajot.com/images/uploads/article/ASD.png

Descartes acquires ASD

AJOT | April 22, 2024 | Shipping Technology

Strengthens Descartes’ customs and regulatory compliance footprint

https://www.ajot.com/images/uploads/article/solar_panels_2.jpg

Woodland Group powers ahead with green energy solution

Woodland Group has announced its largest solar installation to date at its 130,000 square foot facility in Doncaster, UK.

Fusion Transport addresses escalating cargo theft concerns in logistics industry

AJOT | April 22, 2024 | Logistics | Trucking

Wan Hai exec says Port of Oakland has growth potential & challenges

Maritime

Stas Margaronis | Top Story | April 22, 2024

Wan Hai exec says Port of Oakland has growth potential & challenges

The Port of Oakland has the potential to grow as a port, especially with agricultural exports if it fast-tracks new investments in transloading, refrigeration, rail services and a turning basin widening, according to Andrew Hwang, Director of Transpacific Export and Government Affairs, Wan Hai Lines.

https://www.ajot.com/images/uploads/article/Detriot_people.jpeg

Port of Detroit announces bold plan to decarbonize port operations and improve air quality

AJOT | April 22, 2024 | Green Shipping | Ports & Terminals

• Experts find Port of Detroit’s carbon emissions total almost 28,000 metric tons • Sets out roadmap to net zero carbon emissions by 2040 • Highlights actions that can be taken for immediate reductions in emissions • Collaboration among private terminal operators has been and will continue to be key to achieving plan’s goals

https://www.ajot.com/images/uploads/article/xChange_chart_2_5.png

Geopolitical volatility keeps Year to Date (YTD) container leasing rates elevated

AJOT | April 22, 2024 | Maritime | Liner Shipping

• China to North America leasing rates surge in Q1 2024 to new levels as compared to 2023, stay elevated in April • Ex China to Russia, India and Canada YTD container trading activity remains strong • Demand for containers in China, US and Mexico stays elevated in Q1 2024