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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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Arkansas providing real-time traffic slowdown alerts to truck drivers through collaboration with Arkansas DOT, ATA and Drivewyze

AJOT | May 09, 2024 | Trucking

Drivewyze, the North American leader in connected truck services and the largest public-private weigh station bypass network operator, has announced that the Arkansas Department of Transportation (DOT) and the Arkansas Trucking Association (ATA) have collaborated to provide free in-cab safety alerts for commercial truck drivers traveling on Arkansas interstates and freeways.

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CN moving to Kevric’s landmark redevelopment at 600 De La Gauchetière Street West

AJOT | May 09, 2024 | Intermodal | Rail

CN and Kevric jointly announced today that CN will relocate its headquarters to Kevric’s 600 DLG project, located at 600 De La Gauchetière West.

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China’s exports return to growth in April, boosting economy

Bloomberg | May 09, 2024 | International Trade

China’s exports rose slightly more than expected in April in a boost for the economy, and imports surged.

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China’s steel exports stay firm as trade tensions rachet up

Bloomberg | May 09, 2024 | International Trade | Commodity

Chinese steel exports stayed above 9 million tons in April, a level which is likely to bolster objections that overcapacity is forcing mills to dump their surplus overseas.

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Inceptio self-driving trucks set accident-free record in China

Bloomberg | May 09, 2024 | Trucking

Chinese self-driving startup Inceptio Technology said its trucks have clocked 100 million accident-free kilometers, a record for the autonomous driving long-haul logistics industry.

Xi builds eastern European ties as EU hardens line on trade

Bloomberg | May 09, 2024 | International Trade

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Kuehne+Nagel, LATAM group and Elite Group renew their joint commitment to purchase SAF for Mother’s Day

AJOT | May 09, 2024 | Air Cargo | Freighters | Green Shipping

Kuehne+Nagel, LATAM Cargo Chile, and Elite Group reached a new milestone in reducing carbon emissions produced by the transportation of flowers for Mother's Day.

China’s imports from Netherlands jump 32% in April despite curbs

Bloomberg | May 09, 2024 | International Trade

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.
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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.

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