Port Houston posts double digit box growth
Ports & Terminals
AJOT | Top Story | May 20, 2024

Port Houston posts double digit box growth

Port Houston continues to exceed last year’s container volumes and is up 12% through April with 1,394,094 twenty-foot equivalent units (TEUs).
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UPS joins blue-chip bond market rush ahead of holiday weekend

Bloomberg | May 20, 2024 | Air Cargo | Freighters | Trucking

United Parcel Service Inc. is tapping the US high-grade bond market on Monday with a benchmark deal as firms rush to sell bonds ahead of the Memorial Day holiday weekend.

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SmartLynx delivers A321F to Levu Air Cargo

AJOT | May 20, 2024 | Air Cargo | Charters

SmartLynx Airlines, a globally acknowledged ACMI, cargo and charter provider has launched a partnership with Brazilian Cargo solution company Levu Air Cargo (Levu).

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Airforwarders Association sponsored legislation to reduce airport truck congestion

AJOT | May 20, 2024 | Air Cargo | Airports

U.S. President Biden signed into law legislation aimed at tackling airport truck congestion, which is sponsored by the Airforwarders Association (AfA) working with the National Customs Brokers and Forwarders Association (NCBFAA).

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Chinese-made Teslas pour into Canada as Biden erects US tariff wall

Bloomberg | May 20, 2024 | International Trade | Maritime | Breakbulk News | Ports & Terminals

The Biden administration is quadrupling US tariffs on electric vehicles manufactured in China. But Chinese-made cars are still finding their way into a receptive North American market — just to the north.

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Port of Oakland April container volume continues growth trend

AJOT | May 20, 2024 | Ports & Terminals

Full imports rise for sixth consecutive month

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Boeing, Airbus working with Saudi Arabia on metals for planes

Bloomberg | May 20, 2024 | Air Cargo | Airlines

Saudi Arabia said it’s working with top airplane makers Boeing and Airbus to get its aluminum and titanium approved for use in their planes as part of a push to get more manufacturing done inside the kingdom.

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ODW Logistics supports E&C’s snacks distribution footprint for mass retailers Walmart and Target

AJOT | May 20, 2024 | Logistics

ODW Logistics’ Romeoville, IL Warehouse becomes strategic location in E&C’s Snacks rapid retail growth

China hints at retaliation in worsening trade clash with Europe

Bloomberg | May 20, 2024 | International Trade

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Ethiopian inaugurates transformed Addis Ababa Domestic Terminal, doubling its capacity

AJOT | May 20, 2024 | Air Cargo | Airports

Ethiopian Airlines, Africa's leading airline, announces the inauguration of its transformed Addis Ababa Bole International Airport's Domestic Terminal.

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Norsepower’s growth story continues as Riski steps down and Pöntynen joins as new CEO

AJOT | May 20, 2024 | Energy | Alternative | Green Shipping | Maritime | Technology | People | Appointments

One chapter of Norsepower’s remarkable growth story ends and another begins as Tuomas Riski passes his CEO position onto Heikki Pöntynen, who has been a member of Norsepower’s board. Pöntynen has held several maritime management positions in Finland, China, Hong Kong, and the USA. Norsepower thanks Riski for the significant contribution that he has made over a decade of leadership and welcomes its new CEO to continue the company’s accelerated scaling.

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Wider adoption of situational awareness systems reduce collisions and insurance claims

AJOT | May 20, 2024 | Maritime | Technology

Groke Technologies is calling on marine insurers, P&I Clubs and regulators to encourage the widespread adoption of ship situational awareness systems as way of mitigating the rising number of claims relating to collision and other accidents attributable to human error.

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Women In Trucking Association announces continued Gold partnership with WM

AJOT | May 20, 2024 | Trucking

The Women In Trucking Association (WIT) announced today that WM has renewed its Gold Level partnership continuing the company’s support of the nonprofit association and its mission.

South Africa’s SARB says carbon taxes may cut exports by 10%

Bloomberg | May 20, 2024 | Green Shipping | International Trade

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Hermes 5 SaaS selected by Georgi Group for German air cargo operations

AJOT | May 20, 2024 | Air Cargo | Technology | Trucking

Leading German logistics operator signs new contract with Hermes Logistics Technologies for its latest cloud-based cargo management system at Frankfurt and Leipzig/Halle

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