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MSC GRI - scope: Australia and New Zealand to USA

AJOT | January 04, 2022 | Maritime | Liner Shipping

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Inventory ‘bullwhip’ risk emerges in latest US logistics index

Bloomberg | January 04, 2022 | Logistics

The bigger-than-usual rush to stockpile products on U.S. retail shelves and in warehouses ahead of the holidays might give way to an economic hangover of sorts.

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Conakry Terminal awarded green terminal label

AJOT | January 04, 2022

Conakry Terminal, a subsidiary of Bolloré Ports and operator of the container terminal of the Autonomous Port of Conakry, has been granted the Green Terminal label following the audit conducted on 12 November 2021 by Bureau Veritas. This label rewards the efforts made by the company to reduce the impact of its activities on the environment by implementing eco-responsible measures.

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Verizon will launch 5G service on Jan. 19 after FAA-sought delay

Bloomberg | January 04, 2022 | Air Cargo | Airlines

Verizon Communications Inc. is launching a faster 5G service on Jan. 19, honoring a two-week delay agreement struck with the Federal Aviation Administration Monday as officials work through airline safety concerns.

AI and predictive analytics: Powerful ways to minimize container contingencies

Maritime

AJOT | Top Story | January 04, 2022

AI and predictive analytics: Powerful ways to minimize container contingencies

Most empty container are stagnant on vessels waiting in fast-growing lines at ports to get offloaded, meaning even more congestion and creating extreme bottlenecking throughout the supply chain.

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Cushman & Wakefield advises sale of brand new 405,656 SF industrial park in West Phoenix, AZ for $71 million

AJOT | January 04, 2022 | Logistics

Fully leased, four-building property acquired by Cohen Asset Management

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Hancock named CEO of Odyssey Logistics & Technology Corp.

AJOT | January 04, 2022 | Logistics

The Board of Directors (the “Board”) of Odyssey Logistics & Technology Corporation (“Odyssey”) announced today that Keith A. Hancock has been named Chief Executive Officer of Odyssey, effective immediately. Hancock most recently served as President, Multimodal Solutions & Corporate Development for the company.

AT&T and Verizon delay 5G after airlines threaten to sue

Bloomberg | January 04, 2022 | Air Cargo | Airlines

AT&T Inc. and Verizon Communications Inc. said they agreed to a two-week delay in rolling out a new 5G service that airlines said may interfere with aircraft electronics and pose a safety hazard.

Firms hit by new Brexit red tape as IT system stops trucks

Bloomberg | January 04, 2022 | Intermodal | International Trade | Trucking

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US LNG exports top rivals for first time on shale revolution

Bloomberg | January 04, 2022 | Energy

The U.S. was the world’s biggest exporter of liquefied natural gas last month for the first time ever, as projects ramped up production and deliveries surged to energy-starved Europe.

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Crude oil prices increased in 2021 as global crude oil demand outpaced supply

AJOT | January 04, 2022 | Energy

Crude oil prices increased in 2021 as increasing COVID-19 vaccination rates, loosening pandemic-related restrictions, and a growing economy resulted in global petroleum demand rising faster than petroleum supply. The spot price of Brent crude oil, a global benchmark, started the year at $50 per barrel (b) and increased to a high of $86/b in late October before declining in the final weeks of the year.