Transportation News, Logistics, Ports and Trade

Stonemont Financial Group sells 500,000-square-foot industrial complex in Fort Myers, Florida

AJOT Newsroom | May 09, 2025 | Logistics

Stonemont Financial Group, a private real estate investment firm specializing in industrial development, acquisitions and net lease investments, and its partner, Geis Development, have completed the disposition of Legacy at Oriole Road in Fort Myers, Florida. EQT Exeter, a global real estate investment management firm, has purchased the 500,000-square-foot complex.

First cruise ship refuels with LNG in Vancouver

AJOT Newsroom | May 09, 2025 | Energy | Alternative

The first-ever cruise ship has filled up with an alternative fuel at the Port of Vancouver, receiving LNG (liquefied natural gas) from Seaspan Energy’s LNG bunker vessel Seaspan Garibaldi as it prepares to sail to Alaska.

International Trade

AJOT Newsroom | May 09, 2025

Panama Canal Administrator outlines the waterway’s evolving role in global trade at Northwestern University

The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture, the week of May 5th, in which he laid out the crucial role the Panama Canal has played in the development of global trade and the impact it has had on the greater evolution of humanity in Panama, and throughout the world.

CMA CGM PSS - From Portugal to the Mediterranean, North Africa & Black Sea

AJOT Newsroom | May 09, 2025 | International Trade

In a continued effort to provide customers with reliable and efficient services, CMA CGM Group wishes to inform of the Peak Season Surcharge (PSS) updates for May 6, 2025, onwards.

CMA CGM PSS - From China to West Africa central range

AJOT Newsroom | May 09, 2025 | International Trade

In a continued effort to provide customers with reliable and efficient services, CMA CGM informs its customers of the updated Peak Season Surcharge (PSS) for the week of May 12, 2025.

Bayonne Bridge falcon family marks Mother’s Day with baby chicks

AJOT Newsroom | May 09, 2025 | Ports & Terminals | Ports

One new mom is very busy this Mother’s Day, The Bayonne’s Bridge’s peregrine falcon nesting tower, perched high above the Kill Van Kull, is home to two new chicks so far this year, with two more possibly hatching at any moment.

MOL to join offshore wind power project off Taiwan

AJOT Newsroom | May 09, 2025 | Energy | Alternative

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto, Headquarters: Minato-ku, Tokyo) has agreed to acquire a 10% stake in CI Fengmiao Ltd from Copenhagen Infrastructure Partner P/S (CIP; Partner and Head of Asia-Pacific: Thomas Wibe Poulsen; Headquarters: Copenhagen), a Danish renewable energy fund, in order to gain insights by participating in the offshore wind power business from the construction phase.

Averitt recognized with 2025 Career Catalyst Award

AJOT Newsroom | May 09, 2025 | Logistics | Supply Chain

This new national award honors transportation and logistics companies that are actively shaping the future of the industry’s workforce. Averitt was one of only 16 fleets recognized in the program’s inaugural year for its forward-thinking approach to workforce development.

Alaska Air Group appoints former Deloitte executive and proud Seattleite Pete Shimer to the board of directors

Alaska Air Group, Inc. announced today the election of Pete Shimer to the company's board of directors. Shimer began as an auditor and has since held numerous C-suite positions at international public accounting firm Deloitte, most recently serving as its interim chief executive officer.

CMA CGM Announcement: Emergency Operational Recovery surcharge update

AJOT Newsroom | May 09, 2025 | Maritime

CMA CGM wishes to inform its customers of the following Emergency Operational Recovery surcharge update...

Longtime ATS employee becomes chair of SC&RA Transportation Governing Group

AJOT Newsroom | May 09, 2025 | Trucking | People | Appointments

With over 1,300 members worldwide, SC&RA represents the crane, rigging, and specialized transportation industries as it advocates for legislative and regulatory issues and promotes safer, more efficient business practices.

Damen Naval partners with EID for Integrated Communications System for Colombian PES Frigate

AJOT Newsroom | May 09, 2025 | Shipping Technology

Damen Naval has signed a contract with Portuguese defence technology company EID S.A. for the delivery of the Integrated Communications Control System (ICCS) for the PES (Plataforma Estratégica de Superficie) frigate to be built in Colombia. The agreement covers the state-of-the-art solution that integrates EID’s proven Integrated Communication System and networking technologies into a unified C4I platform.

SC Ports graduates 2025 Port Ambassador Class

AJOT Newsroom | May 09, 2025 | Ports & Terminals | Ports

Throughout the past year, the group toured the Port’s ocean and inland terminals, attended the State of the Port address, and met with port-dependent businesses around the state, giving them a first-hand look at how port operations drive an $87 billion statewide economic impact each year.

MSC Announcement: GRI - General rate increase and additional scopes

AJOT Newsroom | May 09, 2025 | Maritime

Please be advised that Mediterranean Shipping Company has filed and will implement the following scopes...

Britain increases wind farm incentives funding to $720 million

Reuters | May 09, 2025 | Energy | Alternative

Britain has more than doubled funding available under a scheme seeking to spur investment in offshore wind projects to 544 million pounds ($721.78 million), after higher than expected demand, the government said on Friday.

US regulators recommend Venture Global’s CP2 LNG project gets greenlight

Reuters | May 09, 2025 | Energy

U.S. federal regulators recommended in a final environmental report that Venture Global's proposed CP2 liquefied natural gas export project in Louisiana get the go-ahead, according to a government document filed on Friday.

International Trade

AJOT Newsroom | May 09, 2025

CBP’s Baltimore Field Office recovered 250 stolen vehicle exports during 2024

U.S. Customs and Border Protection officers in the Baltimore Field Office continue to combat transnational criminal organizations that profit on the international trade in stolen vehicles. CBP officers here intercepted 250 stolen vehicle exports during 2024, a 27% decrease from the 343 recoveries in 2023.

Hassett says seeing positive developments around US-China trade meeting

Reuters | May 09, 2025 | International Trade

White House economic adviser Kevin Hassett said on Friday signs in advance of weekend U.S.-China trade talks in Switzerland are promising and positive.

Nor-Shipping unveils ‘talent shaping the future’ with Young Entrepreneur Award 2025 shortlist

AJOT Newsroom | May 09, 2025 | Maritime

Set to be presented on 2 June at Nor-Shipping’s After Work ‘kick-off’ at Oslo’s famous Leketer’n venue, the prestigious accolade celebrates under-40s making waves with commercially viable solutions addressing key ocean industry challenges. Previous winners include Cristina Aleixendri, COO and Co-founder of bound4blue, and Boyan Slat, CEO of The Ocean CleanUp.

WorldACD Weekly Air Cargo Trends (week 18) - 2025

AJOT Newsroom | May 09, 2025 | Air Cargo | General | By The Numbers

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