Transportation News, Logistics, Ports and Trade

ATA Truck Tonnage Index Increased 2.3% in January

AJOT Newsroom | February 20, 2019 | Intermodal | Trucking

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.3% in January after falling 1% in December. In January, the index equaled 117.3 (2015=100), up from 114.7 in December.

Easyship partnership gives over 40,000 global sellers access to SEKO Logistics’ eCommerce solutions

AJOT Newsroom | February 20, 2019 | Logistics

This strategic partnership supports eCommerce merchants’ ability to grow in new cross-border markets.

Southwest Airlines Drops as Government Shutdown Hurts Sales

Bloomberg | February 20, 2019 | Air Cargo | Airlines

Italy’s League Backs State Role in Alitalia, Vice Minister Says

Bloomberg | February 20, 2019 | Air Cargo | Airlines | Intermodal

Brighter Days Could Be Ahead for China’s Gloomy Consumers

Bloomberg | February 20, 2019 | International Trade

International Trade

Bloomberg | February 20, 2019

Donald Trump’s $25 Billion Problem With Germany’s Carmakers

As Volkswagen AG and other German automakers await President Donald Trump’s decision on whether to impose tariffs on vehicles imported into the U.S., new figures on Germany’s trade in cars will do little to ease the tension.

U.K.‘s Flybe Attracts Counter-Bid From American Air-Backed Mesa

Bloomberg | February 20, 2019 | Air Cargo | Airlines | Intermodal

Oil Holds Near 3-Month High as Saudi Curbs Temper Growth Worries

Bloomberg | February 20, 2019 | Energy | International Trade

China Delays Coal Imports From Australia as Tensions Simmer

Bloomberg | February 20, 2019 | International Trade

Southwest Air to Investigate `Unprecedented’ Aircraft Groundings

Bloomberg | February 20, 2019 | Air Cargo | Airlines

Alberta Expects $1.7 Billion Profit From Crude-by-Rail Plan

Bloomberg | February 20, 2019 | Energy | Intermodal | Rail

Cathay Pacific Expects Swing to a Profit of $293 Million

Bloomberg | February 19, 2019 | Air Cargo | Airlines

Malaysia Nears Deal With China to Revive $20 Billion Rail

Bloomberg | February 19, 2019 | Intermodal | Rail

Sweet Tooth Grows in Top Sugar Importer as Buying to Climb

Bloomberg | February 19, 2019 | International Trade

Trump Seeks to Take Back Funds From California Rail Project

Bloomberg | February 19, 2019 | Intermodal | Rail

Malaysia to Extradite Ex-Goldman Banker After Local 1MDB Cases

Bloomberg | February 19, 2019 | International Trade

XPO Logistics Pays Up to Borrow $1 Billion for Stock Buyback

Bloomberg | February 19, 2019 | Logistics

XPO Logistics Inc. paid up to sell $1 billion of bonds to fund share buybacks and refinance debt, as it abandons acquisitions to boost its stock price.

Jet Air Bailout Puts Focus on India Banks’ Debt-to-Equity Losses

Bloomberg | February 19, 2019 | Air Cargo | Airlines | International Trade

Trump Says China Could Buy More U.S. Corn Than Thought Possible

Bloomberg | February 19, 2019 | International Trade

U.S. corn sales to China have been part of the ongoing trade discussions between the nations, President Donald Trump said from the White House Oval Office Tuesday.