Latest News
Calculating the costs of shutting borders to trade
| March 23, 2020 | International Trade
Three Days for 82-ton Oil & Gas Pressure Vessel to Arrive at its Foundation
| March 23, 2020 | Project / Heavy Lift
Covering a distance of more than 70 kilometers, Megalift’s team escorted the transport of an oversized Pressure Vessel from a fabricator’s yard in Kemaman (within the state of Kelantan) to Petronas’s chemical plant in Gebeng (within the state of Pahang). Cargo: Pressure Vessel Dimension: L27.30m x W5.82m x H6.18m Weight: 82 tons The road journey took them two full days and another day to lift and position the cargo onto its foundation. Due to the height of the cargo, they had to take a detour instead of a direct route to avoid overhead bridges. The trailer typically moved along narrow passageways, trudged through villages and small towns before cruising along the coastal road to arrive at the chemical plant. The height also created the needs of lifting and pushing up overhead cables – easily a hundred of them along the route. This had caused a significant slowdown in travel speed which resulted in massive obstruction and road congestion. Thanks to the traffic authority for coordinating and diverting road users to keep everything in order. During the road transport, another team of Megalift’s was stationed in Petronas’s chemical plant to perform ground preparation works – removal of fences and laying down of steel ramps and plates. The 82-ton Pressure Vessel was then lifted and placed onto its foundation – all of these handled by heavy lifting team operated using a 500-ton crane. Megalift would like to thank their client for the trust and confidence that they would always deliver nothing but the best of their services.
FIATA – IATA on COVID-19 medical and economic impacts
| March 23, 2020 | Logistics
Port of Cork – Business continuity under COVID-19
| March 23, 2020 | Ports & Terminals | Ports
The Port of Cork, Ireland’s second largest port and the key facilitator of trade in the south of Ireland, today confirmed that its freight operations are continuing to operate smoothly, and that at present its arrivals schedule remains unaffected.
The Northwest Seaport Alliance is open and operating, developing continuity plans with stakeholders
| March 23, 2020 | Ports & Terminals | Ports
Keeping the health, safety, and well-being of the public and our workforce is the top priority for The Northwest Seaport Alliance. Each of our terminals has modified its business continuity plan in response to the rapidly evolving nature of the novel coronavirus (COVID-19) pandemic. The NWSA and our supply chain partners are also focused on mitigation efforts to slow the spread of the virus.
Spat between China diplomats signals internal split over President Trump
U.K. steps in to save railways as Johnson warns of lockdown
| March 23, 2020 | Intermodal | Rail
The U.K. government stepped in to shore up the country’s rail operators after Prime Minister Boris Johnson warned Britons they face “tougher measures” to fight the coronavirus outbreak, including a potential full lockdown if they continue to ignore calls to stop social gatherings.
Airbus builds $32 billion buffer to contain coronavirus fallout
| March 23, 2020 | Air Cargo | Airlines
Airbus SE extended credit lines and clamped down on cash outlays to give it access to 30 billion euros ($32 billion), taking steps to protect liquidity after the coronavirus pandemic pushed its airline customers to halt flights and stop ordering planes.
Airlines carnage worsens with Emirates, Singapore Air cuts
| March 23, 2020 | Air Cargo | Airlines
The crisis engulfing the aviation industry deepened after some of the world’s biggest international carriers announced drastic measures to cope with the coronavirus outbreak, with giants Emirates and Singapore Airlines Ltd. among the latest to slash flights.
European retailers scrap $1.5 billion of Bangladesh orders
| March 23, 2020 | International Trade
New York-area flights delayed as virus strikes FAA facility
| March 21, 2020 | Air Cargo | Airports
An air-traffic facility that oversees space around New York City is being cleansed after a trainee tested positive for Covid-19, leading to some delays and briefly halting flights to JFK airport.
Two terminals reopened at Port of Houston
| March 20, 2020 | Ports & Terminals
The Port of Houston is reopening two of its terminals after a worker tested positive for the coronavirus.
Seven Yield delivers Siem Confucius, the first deep-sea LNG-powered car carrier to Siem Car Carriers
| March 20, 2020 | Maritime | Technology
Highlights First of two vessels, it is the largest LNG-powered car carrier Each measuring 200m long by 38m wide, its 13 decks have a capacity of 7,500 ceu The ships will operate exclusively for the Volkswagen Group As a result, Volkswagen will be the first automaker to use LNG-powered ships in long-distance overseas distribution of cars and light vehicles A comprehensive LNG bunkering fuel supply agreement has been signed with Shell to guarantee that all voyages will utilize exclusively LNG fuel Compared to conventional fuel, LNG propulsion reduces carbon dioxide emissions by up to 25%, nitrogen oxide emissions by up to 30%, particulate matter by up to 60% and sulphur oxide emissions by up to 100% The ships are financed under a JOLCO structured arranged by Crédit Agricole CIB, and documented in accordance with LMA Green Loan Principles (GLP) and Second-Opinion provided by DNV-GL
Diesel technology meeting new demands on trucking, health care services from Coronavirus (COVID-19) response
| March 20, 2020 | Intermodal | Trucking
Engineering Association says now is the time to increase investment in America’s critical infrastructure
| March 20, 2020 | Intermodal | Trucking
CMA CGM GRR - from Asia to Somalia, Seychelles & Maldives
| March 20, 2020 | Maritime | Liner Shipping
DAT market updates in response to COVID-19
| March 20, 2020 | Intermodal | Trucking
Summary Freight markets are currently dealing with two high-level issues related to COVID-19: the impact of imports and domestic replenishment. Companies in the U.S. increased their inventories last year in response to rising trade tensions with China. This has proven to provide a much-needed buffer to deal with the disruption in imports from China and Southeast Asia in general.
Port workers key to national supply chain effort
| March 20, 2020 | Ports & Terminals
History’s largest oil glut months away from topping world storage while tanker freight rates explode
| March 20, 2020 | Energy
The largest oil supply surplus the world has ever seen in a single quarter is about to hit the global market from April, creating an imbalance of around 10 million barrels per day (bpd). An exclusive Rystad Energy analysis shows global storage infrastructure is in trouble and will be unable to take more crude and products in just a few months.
New commissioners at Port of Stockton
| March 20, 2020 | Ports & Terminals
Trending News
Special Reports
Upcoming Events
Latest Print Edition:
- Ocean Carrier Review
- Northeast Ports and Trade
- Air Cargo Quarterly
- Latin America Ports and Trade
© Copyright 1999–2024 American Journal of Transportation. All Rights Reserved