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Yang Ming Reports Q1 2024 Financial Results

AJOT | May 10, 2024 | Maritime

In Q1 2024, the supply chains of container shipping industry encountered challenges from the Red Sea crisis, leading vessels to divert to the Cape of Good Hope, which absorbed vessel capacity.

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CMA CGM launches VGI connecting Asia to India West Coast and Middle East

AJOT | May 10, 2024 | Maritime

CMA CGM announces the launch of a new weekly service, VGI connecting Laem Chabang, Vung Tau and Jakarta with the India West Coast and the Middle East.

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Today in Energy: U.S. coal-fired electricity generation decreased in 2022 and 2023

AJOT | May 10, 2024 | Energy

Electricity generation from units that primarily consume coal in the U.S. Lower 48 states decreased for all hours of the day by about 23% between 2021 and 2023, according to our Form EIA-930, Hourly and Daily Balancing Authority Operations Report.

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Swiss WorldCargo expands its network to Toronto, Canada

AJOT | May 10, 2024 | Air Cargo | General

The addition of Toronto to its international network will support SWISS airfreight division’s efforts to connect economies, cultures, and societies across Canada and Europe, ensuring an interconnected relationship between these key regions...

Biden urged to halt oil exports after terminal approved

Bloomberg | May 10, 2024 | International Trade

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WorldACD Weekly Air Cargo Trends (week 18) - 2024

AJOT | May 10, 2024 | Air Cargo | General

Tonnages dip due to Labor Day holidays...

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San Francisco Bay Oakland International Airport’ name official – by unanimous final vote

AJOT | May 10, 2024 | Air Cargo | Airports | Ports & Terminals | Ports

The Oakland Board of Port Commissioners unanimously voted today and granted final approval to rename the “Metropolitan Oakland International Airport” to “San Francisco Bay Oakland International Airport...

Port of Oakland asks court to check that new airport name does not constitute trademark infringement
Ports & Terminals
AJOT | Top Story | May 10, 2024

Port of Oakland asks court to check that new airport name does not constitute trademark infringement

Port countersuit also requests Court determination that no one owns or has trademark rights to the San Francisco Bay...
LOGISTEC appoints new member Susan Bray to its board of directors

AJOT | May 10, 2024 | Logistics | People | Appointments

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Pertamina International Shipping (PIS) Welcomes 2 VLGC Tankers to Its Fleet

AJOT | May 10, 2024 | Maritime

Pertamina International Shipping (PIS), takes top-tier position in ASEAN LPG Transport...

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Fairplay Towage Group places order for two additional Damen ASD tugs

AJOT | May 10, 2024 | Maritime

Fairplay Towage Group, one of Europe’s leading towage providers, has placed an order with Damen Shipyards for the delivery of two further tugboats, one of which is of the ASD Tug 2813 design, the other one being a tug fitted with azimuth stern drives and a bollard pull of 60 tonnes.

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WestJet and IAM reach tentative agreement

AJOT | May 10, 2024 | Air Cargo | General

"WestJet is pleased to have reached a tentative agreement that recognizes the important contributions of our load controllers," said Diederik Pen...

Mad Cow disease found at Scottish farm in risk to meat exports
International Trade
Bloomberg | Top Story | May 10, 2024

Mad Cow disease found at Scottish farm in risk to meat exports

Mad cow disease was found at a farm in Scotland, prompting authorities to limit animal movement while they investigate and risking trade disruptions...
Severe solar storm threatens power grids and navigation systems
Energy
Bloomberg | Top Story | May 10, 2024

Severe solar storm threatens power grids and navigation systems

A severe solar storm this weekend threatens to trigger blackouts, disrupt navigation systems and knock out high-frequency radios around the world.
China’s mounting Asia exports increase regional deflation risks

Bloomberg | May 10, 2024 | International Trade

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Air India Express will restore flights after cabin crew standoff

Bloomberg | May 10, 2024 | Air Cargo

Air India Express is planning to restore operations after it resolved a dispute with cabin crew that saw the airline cancel 85 flights...

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Delayed sugar deliveries raise debate over exchange rules

Bloomberg | May 09, 2024 | International Trade | Commodity

Delays to deliveries of sugar sold through a major commodity exchange in New York have sparked a debate among traders about whether the current rules on transactions are sufficient to protect buyers.

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Enbridge works to sell new oil pipe space to Texas export hub

Bloomberg | May 09, 2024 | Energy | Ports & Terminals

Enbridge Inc. is offering up new space on a crude pipeline running to the Texas oil port of Corpus Christi, a top exporting hub that’s currently suffering from constrained pipeline capacity.

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FHWA announces $7.1 million for port improvements in Louisiana 

AJOT | May 09, 2024 | Green Shipping | Ports & Terminals | Equipment and Tech

The U.S. Department of Transportation’s Federal Highway Administration is announcing $7.1 for port improvements in Louisiana under a new Bipartisan Infrastructure Law (BIL) program created to improve air quality for truck drivers, port workers and families that live in communities surrounding ports.

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