Transportation News, Logistics, Ports and Trade

Chinese Airlines Begin Reporting Impact from Coronavirus

Bloomberg | February 16, 2020 | Air Cargo | Airlines

China’s three largest airlines reported declines in January passenger traffic because of the coronavirus outbreak, with the shortfalls likely to deepen this month as the epidemic continues to disrupt travel for millions of people.

U.K. Consumers Face Higher Prices for EU Goods, Deal or Not

Bloomberg | February 16, 2020 | International Trade

U.K. consumers will face higher prices on goods coming from the European Union after Brexit, whether Boris Johnson signs a free trade agreement with the bloc or not, according to a major business group.

U.S.-Kenya trade talks seen a risk for Africa regional pact

Bloomberg | February 16, 2020 | International Trade

Italy escapes higher U.S. tariffs on some products

Bloomberg | February 15, 2020 | International Trade

Zimbabwe will import corn from Uganda to offset food shortage

Bloomberg | February 15, 2020 | International Trade | Commodity

Trump Administration Raises Duties on EU Aircraft to 15%

Bloomberg | February 14, 2020 | International Trade

CMA CGM: Panama Canal Adjustment Factor

AJOT Newsroom | February 14, 2020 | Maritime | Liner Shipping

Averitt associates combine to give 6,000+ hours of community service

AJOT Newsroom | February 14, 2020 | Logistics

Over the course of 2019, Averitt Express associates combined to give more than 6,000 hours of community service as part of its Team Up Community Challenge.

CMA CGM GRR from India West Coast to Kenya & Tanzania

AJOT Newsroom | February 14, 2020 | Maritime | Liner Shipping

Tribute to mariners unveiled at Port of Oakland

AJOT Newsroom | February 14, 2020 | Ports & Terminals | Ports

Sculpture honors working mariners and those who lost their life at sea

CMA CGM FAK rates from India and Sri Lanka to North Europe and the Mediterranean

AJOT Newsroom | February 14, 2020 | Maritime | Liner Shipping

Guyana-Suriname Basin poised for upgrade while oil firms prep to splurge billions on Stabroek

AJOT Newsroom | February 14, 2020 | Energy | Conventional | By The Numbers

Recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in resource estimates, drawing extra attention to upcoming wells. Meanwhile global oil firms are preparing to spend more than $53 billion in Guyana’s coveted Stabroek Block during the coming decade, Rystad Energy research shows.

Maritime Administration announces more than $280 million in grants for US ports

AJOT Newsroom | February 14, 2020 | Ports & Terminals | Ports

The U.S. Department of Transportation’s (USDOT) Maritime Administration (MARAD) today announced that it has awarded more than $280 million in discretionary grant funding through the new Port Infrastructure Development Program. This funding is designed to improve port facilities at or near coastal seaports.

Natural gas prices fall to lowest level since 2016, the lowest February prices in 20 years

AJOT Newsroom | February 14, 2020 | Energy | Conventional | By The Numbers

This winter, natural gas prices have been at their lowest levels in decades. On Monday, February 10, the near-month natural gas futures price at the New York Mercantile Exchange (NYMEX) closed at $1.77 per million British thermal units (MMBtu).

TAPA launches ‘best-ever’ security standards to tackle growth in global cargo thefts

AJOT Newsroom | February 14, 2020 | Logistics

The Transported Asset Protection Association (TAPA) has launched the most comprehensive industry security standards in its 23-year history to help protect freight facilities and trucking operations from the escalating threat of cargo crime, which now costs supply chains losses of millions of dollars per month.

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