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DeepStream, the AI-Driven platform transforming how buyers and suppliers communicate, raises £5.2M Series A

AJOT | February 11, 2022 | Shipping Technology

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Taylored Services opens new facility at the Port of Los Angeles, CA

AJOT | February 11, 2022 | Intermodal | Ports & Terminals | Trucking

Taylored Services, LLC, an award-winning multi-channel fulfillment company, was successful in its bid to operate directly at the Port of Los Angeles (POLA). With 85 acres of land and 600,000 sq. ft. of warehousing facilities, the benefits of additional yard space in the area will assist Taylored in alleviating pressure from downstream congestion and increasing flow through the port.

Nigeria targets $200 billion of inflows with new forex plan

Bloomberg | February 11, 2022 | International Trade

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Two Konecranes Gottwald Generation 6 Mobile Harbor Cranes ordered by Port of Bandirma in Turkey

AJOT | February 11, 2022 | Energy

Turkish terminal operator Çelebi Bandirma Uluslararasi Limani Isletmeciligi A.S. (Çelebi Port of Bandırma) has ordered two eco-efficient Generation 6 Konecranes Gottwald Mobile Harbor Cranes for their terminal on the coast of the Sea of Marmara, Turkey. The order was booked in November 2021. The cranes will be handed over in July 2022.

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CRG announces disposition of $425 million, 4.52 MSF industrial portfolio to PRP

AJOT | February 11, 2022 | Logistics

CRG, the national real estate development and investment firm, announced it has completed the $425.15 million portfolio sale of five new Class A industrial assets, all completed in 2021, to PRP, a Washington, DC-based leading investment management firm focused on credit net lease investments. The properties, all of which are fully leased, are located in metro Houston; St. Louis; Birmingham, Ala.; and Greenville-Spartanburg, S.C.

FTR reports preliminary trailer orders for January held firm at 26,300

AJOT | February 11, 2022 | Intermodal | Trucking

Star Alliance named Airline Alliance of the Year at Air Transport Awards 2022

AJOT | February 11, 2022 | Air Cargo | Airlines

Italy government kicks off sale process for ITA Airways

Bloomberg | February 11, 2022 | Air Cargo | Airlines

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Europe relies primarily on imports to meet its natural gas needs

AJOT | February 11, 2022 | Energy

Pipeline imports originating in Russia—the largest supplier in the region—grew from about 11 billion cubic feet per day (Bcf/d) in 2010 to more than 13 Bcf/d in 2020 (a low consumption year due to COVID-19 related impacts). Despite construction of new pipelines, imports from Norway averaged around 9 Bcf/d between 2010 and 2020, as development of new fields in the Barents Sea section of the Norwegian offshore Continental Shelf was insufficient to offset declines from mature fields in the North Sea.

New product partnership enables a smoother experience at port

AJOT | February 11, 2022 | Ports & Terminals | Equipment and Tech

Trade impact with US escalates as Canadian protest movement spreads

Intermodal

Leo Ryan | Top Story | February 11, 2022

Trade impact with US escalates as Canadian protest movement spreads

As the Canadian demonstrators blocking access to the vital Ambassador Bridge connecting Detroit and Windsor, Ontario entered a fourth day with no end in sight, the bilateral trade impact of the protest movement against COVID-19 measures is rapidly escalating.