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ICTSI Argentina inks agreement with Evergreen

AJOT | February 06, 2020 | Maritime | Liner Shipping | Ports & Terminals

TecPlata, operator of the container terminal located in Puerto La Plata, has signed a contract with Evergreen Marine Corp Taiwan Ltd. for the start of a new service to Asia and the Far East.

South African Airways cuts foreign, local routes to stay afloat

Bloomberg | February 06, 2020 | Air Cargo | Airlines

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Intermodal finishes the fourth quarter down

AJOT | February 06, 2020 | Intermodal | Rail

Total intermodal volumes dropped 7.4 percent year-over-year in the fourth quarter of 2019, according to the Intermodal Association of North America’s Intermodal Market Trends & Statistics report. Domestic containers fell 2.7 percent from 2018; international shipments, 9.1 percent; and trailers, 21.4 percent.

Senate Democrats press Trump rail chief on slow Gateway work

Bloomberg | February 06, 2020 | Intermodal | Rail

St. Louis region’s inland port system climbs to #2 spot for total tonnage
Ports & Terminals
AJOT | Top Story | February 06, 2020

St. Louis region’s inland port system climbs to #2 spot for total tonnage

The latest data from the U.S. Army Corps of Engineers (USACE) reveals the St. Louis regional ports moved from the third position into the second position for inland port total tonnage in the 2018 rankings.
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TAPA honors Project CARGO and the State Criminal Office of Saxony-Anhalt for their ‘outstanding work’ in dismantling organised crime groups involved in cargo thefts

AJOT | February 06, 2020 | Intermodal | Trucking

The Transported Asset Protection Association (TAPA) has honored the EU Project CARGO initiative implemented by the State Criminal Office (AKA) of Saxony-Anhalt for its outstanding contribution to reducing cargo thefts in Europe and easing the burden of these crimes on businesses, national economies and consumers.

ATA says trade wins will demand greater infrastructure funding

AJOT | February 06, 2020 | Intermodal | Trucking

American Airlines update on Hong Kong flying

AJOT | February 06, 2020 | Air Cargo | Airlines

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Port of Los Angeles moves 806,144 TEUs in January

AJOT | February 06, 2020 | Ports & Terminals

The Port of Los Angeles moved 806,144 Twenty-Foot Equivalent Units (TEUs) in January, a 5.4% decrease compared to last year.

Soy shrugs off China’s tariff cut as traders want to see sales

Bloomberg | February 06, 2020 | International Trade

deugro delivers a dirst in Mozambique

AJOT | February 06, 2020 | Air Cargo | Freighters | Project / Heavy Lift | Intermodal Project

Oil steadies after Russia asks for time to decide on output cuts

Bloomberg | February 06, 2020 | Energy | International Trade

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CenterPoint signs 7-year lease with Unis at SoCal Logistics Center in Buena Park, CA

AJOT | February 06, 2020 | Logistics

CenterPoint Properties announces the signing of a seven-year lease with Unified Network Information Services LLC (Unis) to occupy the CenterPoint SoCal Logistics Center (SCLC), a prime 1,034,026-square-foot building at 6800 Valley View Street in Buena Park, California.

Port of Oakland appoints first Chief Operating Officer

AJOT | February 06, 2020 | Ports & Terminals

Not many safe harbors: corruption risk in the port sector
Ports & Terminals
AJOT | Top Story | February 06, 2020

AJOT Insights
Not many safe harbors: corruption risk in the port sector

All markets and industries are exposed to corruption risk, but some sectors are at greater risk than others. Due to the nature of the business, companies that require licenses or concessions from government institutions are more exposed to bribery and corruption risk.
Where will the next wave of disruption in logistics roar?
Logistics
AJOT | Top Story | February 06, 2020

AJOT Insights
Where will the next wave of disruption in logistics roar?

Disruption in logistics has continued at a rapid pace in the last five years. Supply chain leaders still have trouble understanding which technologies are worthwhile to implement. They may find that blockchain is a solution that serves as the cornerstone in making future disruption work for their supply chain.
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Global air cargo down 4% at start of 2020 as industry awaits impact of coronavirus

Air Freight News | February 06, 2020 | Air Cargo | Airlines

The global air cargo market saw a 4% year-on-year decline in the four weeks to February 2, 2020, according to the latest ‘dynamic load factor’ market intelligence from CLIVE Data Services. The dynamic load factor fell two percentage points relative to last year to 65%.

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