Transportation News, Logistics, Ports and Trade

Virus-Hit Brexit Talks Resume With Time for a Deal Running Out

Bloomberg | April 19, 2020 | International Trade

Britain and the European Union will restart talks on Monday over their future relationship, with time running out to get an agreement after a six-week interruption caused by coronavirus.

Fresh Blow for Boeing as China Leasing Firm Scraps Max Order

Bloomberg | April 19, 2020 | Air Cargo | General

China Development Bank Financial Leasing Co. canceled an order for 29 Boeing Co. 737 Max planes, worth at least $2.9 billion based on list prices, joining a growing list of customers scaling back plans for buying the grounded jet.

Boeing Activates Airlift Capabilities for First COVID-19 Transport Mission

AJOT Newsroom | April 19, 2020 | Air Cargo | Freighters

- Partnered with FIRST Robotics Founder Dean Kamen to bring personal protective equipment (PPE) to healthcare professionals in the U.S. - Deployed 737-700 from corporate fleet to transport 540,000 face masks to New Hampshire - Additional airlift transport missions with the Boeing Dreamlifter and ecoDemonstrator are planned in the future

Fruit and Vegetable Industry Targeted for $2.7 Billion in Financial Relief

George Lauriat | April 18, 2020 | International Trade | Commodity

USDA Secretary Sonny Perdue announced some $2.7 billion in financial support targeted to the fruit and vegetable industry in response to the overwhelming losses from the COVID-19 emergency. That support is divided with $2.1 billion allocated for direct payment to growers, and $100 million per month for the next six months in produce purchases.

LATAM Cargo establishes support plan to maintain supply of essential goods in Peru

AJOT Newsroom | April 18, 2020 | Air Cargo | Airlines | Freighters

LATAM Cargo establishes support plan to maintain supply of essential goods in Peru

Millions of Orchids Are Being Thrown Out by Top World Exporter

Bloomberg | April 18, 2020 | International Trade | By The Numbers

As global tourism collapses, so does the orchid industry in top exporter Thailand, where the flowers are regarded as a symbol of hospitality.

Hapag Lloyd ASE & AS2 Blank Sailing Plan

AJOT Newsroom | April 18, 2020 | Maritime | Liner Shipping

Regulatory saga escalates on proposed Port of Vancouver container project

Leo Ryan | April 17, 2020

A regulatory saga that for several years has plagued a major container terminal project proposed by the Vancouver Fraser Port Authority (VFPA) is showing no signs of abating, and a final decision by the Canadian federal government has been delayed until November in light of the circumstances surrounding COVID-19.

Air Cargo

Bloomberg | April 17, 2020

Southwest Grabs Spot as the World’s Largest Airline (This Week)

Southwest Airlines Co., a discounter that flies mostly in the U.S., is the world’s largest carrier -- for now.

Congo Tries to Blunt Virus Impact as Cobalt Exports Slump

Bloomberg | April 17, 2020 | International Trade | Commodity

The Democratic Republic of Congo will begin a massive public-health information campaign for hundreds of thousands of hand-miners as part of a plan to offset the impact of the coronavirus pandemic on its key cobalt and copper industry.

Airbus to Furlough 3,000 French Staff as U.K. Resumes Work

Bloomberg | April 17, 2020 | Air Cargo | Airlines

Airbus SE will furlough around 3,000 staff across three French sites just as employees at its U.K. wing plants prepare to return to work following extended Easter shutdowns tied to the coronavirus outbreak.

FAA Declines Pilot Union Call for Mandated Virus Safety Measures

Bloomberg | April 17, 2020 | Air Cargo | Airlines

GE Scraps $6.9 Billion Order for Ailing 737 Max in Hit to Boeing

Bloomberg | April 17, 2020 | Air Cargo | Airlines

General Electric Co.’s aircraft-leasing division scrapped orders for the 737 Max worth at least $6.9 billion based on list prices, dealing another blow to Boeing Co. as it grapples with a plunge in jetliner demand because of the coronavirus pandemic.

Ports & Terminals

Stas Margaronis | April 17, 2020

Port of Oakland Welcomes 19,200 TEU MSC Anna, one of the largest container ships to call North America

On April 16th, the Port of Oakland hosted Mediterranean Shipping Company’s MSC Anna, a 19,200 20-foot container ship, which is one of the largest container ships ever to dock at a North American port.

Bill Heaney moves to C-level office having previously achieved exceptional results for DB Schenker

AJOT Newsroom | April 17, 2020 | Logistics | People | Appointments

Global commercial vehicle production expected to be down 22 percent in 2020

AJOT Newsroom | April 17, 2020 | Intermodal | Trucking

ATA Joins President Trump in Recognizing America’s Truck Drivers at White House

AJOT Newsroom | April 17, 2020 | Intermodal | Trucking

Event Honors Nation’s Truckers for Their Critical Role in COVID-19 Response

$20 oil will not devastate UK production, but its not a pretty picture

AJOT Newsroom | April 17, 2020 | Energy | Conventional | By The Numbers

With the reality that Brent oil prices are scratching closer and closer to $20 per barrel, shut-ins are already happening around the world. Even if prices reach this threshold, the UK will avoid shut-ins and exploration is likely to continue in 2020, although cash flow and project sanctioning will suffer, a Rystad Energy impact analysis shows.

Brazil tops savers list as countries with currencies hit by COVID-19 see production costs shrinking

AJOT Newsroom | April 17, 2020 | Energy | Conventional | By The Numbers

As most operating expenses in oil and gas production are realized in local currencies, a Rystad Energy analysis shows that lifting costs per barrel of oil equivalent (opex by produced boe), could drop significantly, with Brazil being the world’s top dollar saver per barrel.

CMA CGM GRR from Asia to East Africa

AJOT Newsroom | April 17, 2020 | Maritime | Liner Shipping

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