Transportation News, Logistics, Ports and Trade

Oakland International responds to new face covering requirement for public spaces

AJOT Newsroom | April 24, 2020 | Air Cargo | Airports

JAXPORT container expert joins FCBF board

AJOT Newsroom | April 24, 2020 | Logistics | People | Appointments

JAXPORT Director of Cargo Sales Frank Camp has been selected to serve on the Board of Directors for the Florida Customs Brokers & Forwarders (FCBF) Association. The Doral, Florida-based trade association is the most influential and active representative body of industry professionals serving the state’s import and export community.

Gasoline, the refiner’s favorite child, is the key fuel behind the global oil demand doom

AJOT Newsroom | April 24, 2020 | Energy | Conventional | By The Numbers

As the global population puts the breaks on ground transportation thanks to lockdowns, road fuels – which make up about half of the world’s oil demand – has become the segment most impacted by the Covid-19 pandemic.

International Trade

Bloomberg | April 24, 2020

Railroads Unclear What’s Around the Bend for U.S. Economy

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Finnlines zero emission Green 5th Generation vessels supervision contract awarded to SeaQuest

AJOT Newsroom | April 24, 2020 | Maritime | Bulk

SeaQuest Marine Project Management has been entrusted with the prestigious construction supervision job for three Green 5th Generation zero emission NB Ro-Ro vessels for Finnlines at China Merchants Group’s Nanjing Jinling Shipyard.

CMA CGM ends PSS for reefer exports from the USA to Asia

AJOT Newsroom | April 24, 2020 | Maritime | Liner Shipping

Chapman Freeborn and Avion Express team up to provide medical cargo on passenger aircraft

AJOT Newsroom | April 24, 2020 | Air Cargo | Air Forwarders

Lufthansa Warns of Cash Crunch as Talks With Government Drag On

Bloomberg | April 24, 2020 | Air Cargo | Freighters

With ‘Virtually Zero’ Air Travel, Southwest Warns of Pay Risk

Bloomberg | April 23, 2020 | Air Cargo | Airlines

Southwest Airlines Co. has to prepare for the risk of becoming a “drastically smaller” company, and Chief Executive Officer Gary Kelly told employees he’d prefer an across-the-board pay cut to more dire scenarios -- such as the first involuntary furloughs in the carrier’s history.

Pemex’s Trading Arm Declares Force Majeure on U.S. Gasoline Imports

Bloomberg | April 23, 2020 | Energy | Conventional | International Trade

South African Airways Warns of Managed Job Losses or Liquidation

Bloomberg | April 23, 2020 | Air Cargo | Airlines

South African Airways administrators delivered a stark choice to those opposing their plan to fire the entire workforce and sell assets: It’s either that or full liquidation.

Delta Air Lines Seeks $3 Billion in Bonds, Loan on Shutdown

Bloomberg | April 23, 2020 | Air Cargo | Airlines

Delta Air Lines Inc. is seeking to raise $3 billion from loans and bonds as it grapples with a global travel shutdown caused by the coronavirus pandemic.

World Bank Sees Lasting Commodities Shock From Coronavirus

Bloomberg | April 23, 2020 | International Trade | Commodity

Global commodities markets face lasting disruption because of the coronavirus outbreak, which will hit the energy sector particularly hard, according to the World Bank.

COVID-19 mitigation efforts result in the lowest U.S. petroleum consumption in decades

AJOT Newsroom | April 23, 2020 | Energy | Conventional | By The Numbers

U.S. consumption of petroleum products has fallen to its lowest level in decades because of measures that limit travel and because of the general economic slowdown induced by mitigation efforts for the coronavirus disease 2019 (COVID-19).

Marine shipping sector protects front-line workers with Trusted Partners Initiative

AJOT Newsroom | April 23, 2020 | Maritime

East/West head haul capacity down 17% YoY in May, reveals eeSea data

AJOT Newsroom | April 23, 2020 | Maritime | Liner Shipping | By The Numbers

New analysis conducted by maritime intelligence company eeSea has revealed the extent of the impact of COVID-19 on global container shipping capacity.