Transportation News, Logistics, Ports and Trade

Air France-KLM slumps on disappointing peak-season bookings

Bloomberg | September 09, 2019 | Air Cargo | Airlines

Air France-KLM shares dropped the most in six months after the Franco-Dutch carrier said last-minute demand in the crucial summer season has been disappointing.

U.K. recession threat recedes as economy posts solid july growth

Bloomberg | September 09, 2019 | International Trade

Typhoon strands more than 5,000 people at Tokyo’s Narita Airport

Bloomberg | September 09, 2019 | Air Cargo | Airports | Intermodal

Maritime

AJOT Newsroom | September 06, 2019

Loadsmart announces $19 million investment for major drayage initiative with Maersk and Ports America

Loadsmart, a digital freight technology company, today announced they have raised $19 million to embark on a major initiative to improve the flow of freight through American ports. Ports America, the largest terminal operator and stevedore in the U.S., joins the world’s largest container ship and supply vessel operator’s investment arm Maersk Growth as an investor. This latest round follows Loadsmart’s series A round in late 2018, bringing total funding to date to $53.4 million.

OOCL once again wins the Singapore Environmental Achievement Award (Regional)

AJOT Newsroom | September 06, 2019 | Maritime | Liner Shipping

OOCL is once again a proud winner of the 2019 Singapore Environmental Achievement Award (Regional) this year, an award that recognizes persistence and dedication to achieving environmental sustainability in all aspects of the business operation.

Dachser receives 3PL Excellence Award 2019

AJOT Newsroom | September 06, 2019 | Logistics

Dachser has been awarded the 3PL Excellence Award 2019 by the University of Southern California and the ports of Los Angeles and Long Beach. The award was presented on Friday, August 9 at the USC Marshall Center for Global Supply Chain Management, during the Annual Global Supply Chain Excellence Summit

Oil price rests on three factors

AJOT Newsroom | September 06, 2019 | Energy

Permian Basin natural gas prices up as a new pipeline nears completion

AJOT Newsroom | September 06, 2019 | Energy

Natural gas spot prices at the Waha hub in western Texas, located near Permian Basin production, settled at $1.55/million British thermal units (MMBtu) on August 15, the highest price since March 2019. This price increase coincides with the 2 billion cubic feet per day (Bcf/d) Gulf Coast Express Pipeline (GCX) preparing to enter service. GCX will provide much-needed additional natural gas takeaway pipeline capacity from the Permian region of western Texas and southeastern New Mexico.

Royal Cargo transports fermentation tanks

AJOT Newsroom | September 06, 2019 | Project / Heavy Lift | Maritime Project

Royal Cargo Inc., member to the Worldwide Project Consortium (WWPC) for the Philippines, teamed up with LS Cargo Logistics China and successfully transported 38 units of fermentation tanks for the construction of a brewery plant in Mindanao, Philippines.

Sealand announces restriction on type of packaging, Nicaragua

AJOT Newsroom | September 06, 2019 | Maritime | Liner Shipping

Gebrüder Weiss complete project for the pulp & paper industry

AJOT Newsroom | September 06, 2019 | Project / Heavy Lift | Maritime Project

Gebrüder Weiss have recently completed a project for the pulp and paper industry.

Project / Heavy Lift

AJOT Newsroom | September 06, 2019

CH Robinson Project Logistics with successful transport of liquefied petroleum transformer

The C.H. Robinson Project Logistics team recently assisted a customer with transporting a massive piece of equipment in Canada - from Acheson in Alberta to Souris in Manitoba. The cargo was a liquefied petroleum (LP) building measuring 20.80 x 7.10 x 6.05m.

Cargolux on heavy duty

AJOT Newsroom | September 06, 2019 | Air Cargo | Airlines | Project / Heavy Lift

Cargolux Airlines successfully transported a 10-meter long shaft with a total gross weight of 43 metric tons from Luxembourg to Zhengzhou.

LATAM Cargo transports bears from Fortaleza to São Paulo

AJOT Newsroom | September 06, 2019 | Air Cargo | Airlines

LATAM Cargo Brazil transported two bears from Fortaleza to São Paulo last week. The animals were transported in partnership with the Brazilian Institute of Environment and Renewable Natural Resources (Ibama) and the Fortaleza State Environmental Superintendence (SEMACE). The bears will be taken to a wildlife sanctuary in the state of São Paulo.

African Central Banks to link payments systems to help trade deal

Bloomberg | September 06, 2019 | International Trade

Merkel says Germany open to Chinese business as stance hardens

Bloomberg | September 06, 2019 | International Trade

Record Bitcoin-Yuan divergence suggests new trade-war fallout

Bloomberg | September 06, 2019 | International Trade

Air Cargo

Bloomberg | September 06, 2019

Aviation CEOs warn of Europe-US split on Boeing Max return

Aviation executives are increasingly worried that a widening split between regulators in the U.S. and Europe will extend the grounding of Boeing Co.’s 737 Max, sowing confusion and fear as officials work to approve the resumption of commercial flights after two deadly crashes.