Norfolk Southern defeats activist attempt to sack rail CEO
Intermodal
Bloomberg | Top Story | May 09, 2024

Norfolk Southern defeats activist attempt to sack rail CEO

Investors backed a majority of Norfolk Southern Corp.’s board nominees, a win for Chief Executive Officer Alan Shaw in a bitter fight with an activist intent on throwing out the railroad’s leaders.
https://www.ajot.com/images/uploads/article/Korea_stock_exchange.jpg
KKR-backed ship repair firm to use IPO proceeds to boost growth

Bloomberg | May 09, 2024 | Green Shipping | Maritime | Technology

Only a day after completing South Korea’s biggest initial public offering in two years, KKR & Co.-backed shipping repair company HD Hyundai Marine Solution Co. has revealed its next goals — 25% growth in annual revenue for the next three years and increased investments to tackle maritime emissions.

https://www.ajot.com/images/uploads/article/MSC_table_8.png
MSC schedule update – Trade Asia to USEC

AJOT | May 09, 2024 | Maritime | Liner Shipping

MSC is planning to adjust the sailing program on its Lone Star service to USEC.

https://www.ajot.com/images/uploads/article/TW_AIR_MAY.jpg
Tamex and T-Way expand their European network by introducing a new service to Croatia

AJOT | May 09, 2024 | Air Cargo | Airlines

Tamex and T-Way have recently expanded their European network by introducing a new service to Croatia, a strategically positioned country at the intersection of Central and Southeast Europe.

https://www.ajot.com/images/uploads/article/ALAN_Awards.png
ALAN opens nominations for 2024 Humanitarian Logistics Awards

AJOT | May 09, 2024 | Logistics

Annual awards honor extraordinary supply chain relief efforts

https://www.ajot.com/images/uploads/article/NV_Business_Awards_-_Dragonfly_Energy_-.jpg
Dragonfly Energy named Business of the Year at Nevada Business Awards

AJOT | May 09, 2024 | Energy | Alternative | Green Shipping

Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”), an industry leader in green energy storage and maker of Battle Born Batteries®, received the Spirit of Nevada award at the annual Nevada Business Awards presented by Nevada Business magazine.

https://www.ajot.com/images/uploads/article/Emily_Edwards_Headshot.jpg
Veson Nautical fills new VP of Product for Data Intelligence Solutions role  

AJOT | May 09, 2024 | Maritime | Technology | People | Appointments

Veson Nautical (Veson), the global market leader of maritime freight management solutions, today announced the appointment of Emily Edwards as Vice President of Product for Veson's Data Intelligence solutions, strengthening its mission to be the standard platform that propels maritime commerce.  

https://www.ajot.com/images/uploads/article/EIA_chart_32_6.jpg
Propane prices were slightly lower this winter compared with last winter

AJOT | May 09, 2024 | Energy

U.S. wholesale and retail propane prices were slightly lower on average this winter than last winter, largely because of mild weather and robust propane inventories heading into this winter heating season.

https://www.ajot.com/images/uploads/article/across_logistics_2.jpg
XLP member celebrating success with Across Logistics: Ro-Ro machines return shipment from Abidjan to Valencia

AJOT | May 09, 2024 | Project / Heavy Lift | Maritime Project

Across Logistics shares a recent Ro-Ro machines return shipment from Abidjan to Valencia.

A.P. Moller - Maersk launches air freight gateway in Miami to serve U.S., Asia and Latin America market
Air Cargo
AJOT | Top Story | May 09, 2024

A.P. Moller - Maersk launches air freight gateway in Miami to serve U.S., Asia and Latin America market

A.P. Moller - Maersk (Maersk) expanded its air freight operations footprint with the April activation of a full-service, in-transit gateway solution in Miami.
https://www.ajot.com/images/uploads/article/HyImpulse_Technologies_rocket.jpg
In race to space, one startup is betting on candle wax

Bloomberg | May 09, 2024 | Air Cargo | Technology | Energy | Alternative

Companies are trying all kinds of things to find their way in the increasingly competitive space industry.

Made-in-Indonesia rule threatens Jokowi’s move up value chain

Bloomberg | May 09, 2024 | International Trade

© Copyright 1999–2024 American Journal of Transportation. All Rights Reserved