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Sugar drops to 18-month low on large production in top exporter

Bloomberg | May 16, 2024 | International Trade | Commodity

Sugar dropped to an 18-month low in New York as a productive start to the season in Brazil, the world’s top exporter, is fueling bets that markets will remain well supplied this year.

United says FAA eases flight curbs as safety review advances
Air Cargo
Bloomberg | Top Story | May 16, 2024

United says FAA eases flight curbs as safety review advances

United Airlines Holdings Inc. said it can begin the process to add new planes and routes again after the Federal Aviation Administration indicated it would ease restrictions, a sign of progress after a series of safety issues led to a clampdown on the carrier’s operations.
IMF knocks Biden’s China tariffs as risk to US, world growth

Bloomberg | May 16, 2024 | International Trade

Azul CEO touts M&A as fix for Latin America’s troubled airlines

Bloomberg | May 16, 2024 | Air Cargo | Airlines

Spirit Aero to cut jobs after Boeing slows down 737 output

Bloomberg | May 16, 2024 | Air Cargo | Airlines

Biden open to easing sanctions on billionaire Gertler in return for Congo exit

Bloomberg | May 16, 2024 | International Trade | Commodity

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Brainard says tariffs needed to avoid ‘China shock’ in US

Bloomberg | May 16, 2024 | International Trade

President Joe Biden’s top economic adviser on Thursday offered a forceful defense of new tariffs on Chinese imports, calling them necessary to avoid economic turbulence from unfair trade practices that threaten to undo recent manufacturing and job gains.

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New regulation leaves DoC holder with fuel liabilities risk, says OceanScore

AJOT | May 16, 2024 | Green Shipping

Implementation of the FuelEU Maritime regulation from 2025 presents an accountability dilemma for shipping as it is currently the Document of Compliance (DoC) holder that will be held responsible for fuel selection and could therefore face...

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United Cargo adds capacity to WebCargo by Freightos’ booking platform, extending cargo sales portal capabilities

AJOT | May 16, 2024 | Air Cargo | Technology

)--Freightos, the vendor-neutral booking and payment platform for the international freight industry, is pleased to expand the collaboration between WebCargo by Freightos and United Cargo.

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Red Sea disruption is splitting global LNG trade in regions

Bloomberg | May 16, 2024 | Energy | Maritime | Bulk

It’s been four months since a liquefied natural gas tanker has passed through the narrow strait at the southern end of the Red Sea separating the Arabian Peninsula and Africa, testament to how violent attacks there have upended global energy trade.

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The WestJet Group starts non-stop service between Calgary and Iceland

AJOT | May 16, 2024 | Air Cargo | Airlines

With the departure of the sold-out WestJet Flight 38, WestJet marks its seventh direct connection to Europe from its global hub in Calgary this summer

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US efforts to reshape global supply chains gather pace in Asia

Bloomberg | May 16, 2024 | International Trade

President Joe Biden’s sweeping tariff hikes on a range of Chinese imports are just the latest US moves in a years-long campaign that is rewiring Asian trade routes, figures in the past few days show.

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One oil cargo’s odd journey highlights a global market in flux

Bloomberg | May 16, 2024 | Energy

A dearth of heavy crude is forcing one of the world’s biggest buyers to go the extra mile to get the barrels it needs, offering another example of how sanctions and OPEC+ curbs are recasting the supply chain.

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Kenworth announces production schedule for Class 8 trucks specified with new Cummins X15N engine

AJOT | May 16, 2024 | Trucking

Kenworth announced it will begin production of Kenworth T680 and T880 models specified with the new Cummins X15N natural gas engine in the third quarter of 2024.

CN presents simplified offer to TCRC to achieve a deal

AJOT | May 16, 2024 | Intermodal | Rail

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Biden-Harris Administration celebrates progress in domestic floating offshore wind

AJOT | May 16, 2024 | Energy | Alternative

Nearly $1 billion dedicated in support of just and sustainable deployment of floating offshore wind

MSC GRI for USA to Indonesia scope: USA to Indonesia ports

AJOT | May 16, 2024 | Maritime | Liner Shipping

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Priority infrastructure projects 2025 list for St. Louis region tops $8B in investments

AJOT | May 16, 2024 | Intermodal | Rail | Trucking

The 2025 Priority Projects List for the St. Louis bi-state region includes 27 projects that represent a total investment of more than $8 billion, according to the St. Louis Regional Freightway.

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